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Raymond James Financial (RJF) Stock Forecast & Price Target

Raymond James Financial logo
$168.18 +0.89 (+0.53%)
As of 11:11 AM Eastern
This is a fair market value price provided by Massive. Learn more.

Raymond James Financial - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
0
Hold
9
Buy
6

Based on 15 Wall Street analysts who have issued ratings for Raymond James Financial in the last 12 months, the stock has a consensus rating of "Hold." Out of the 15 analysts, 9 have given a hold rating, and 6 have given a buy rating for RJF.

Consensus Price Target

$181.46
7.95% Upside
According to the 15 analysts' twelve-month price targets for Raymond James Financial, the average price target is $181.46. The highest price target for RJF is $209.00, while the lowest price target for RJF is $160.00. The average price target represents a forecasted upside of 7.95% from the current price of $168.10.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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RJF Analyst Ratings Over Time

TypeCurrent Forecast
11/13/25 to 11/13/26
1 Month Ago
10/14/25 to 10/14/26
3 Months Ago
8/15/25 to 8/15/26
1 Year Ago
11/13/24 to 11/13/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
3 Buy rating(s)
Hold
9 Hold rating(s)
10 Hold rating(s)
8 Hold rating(s)
8 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$181.46$181.71$182.00$177.20
Forecasted Upside7.95% Upside15.62% Upside0.64% Upside10.02% Upside
Consensus RatingHoldHoldHoldHold

RJF Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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RJF Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Raymond James Financial Stock vs. The Competition

TypeRaymond James FinancialFinance CompaniesBroader Market
Consensus Rating Score
2.40
2.27
2.52
Consensus RatingHoldHoldModerate Buy
Predicted Upside8.49% Upside33.29% Upside13.83% Upside
News Sentiment Rating
Positive News

See Recent RJF News
Positive News
Positive News
Report Date
0 Results
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
10/30/2026
Truist Financial Corporation logo
Truist Financial
2 of 5 stars
David Smith
David Smith
4 of 5 stars
Set TargetHold$166.00 ➝ $165.00+2.40%
10/29/2026 Reiterated RatingHold$177.00 ➝ $168.00+6.77%
10/29/2026
Daniel Welden
Daniel Welden
Not Rated
Lower TargetEqual Weight$172.00 ➝ $169.00+6.81%
10/9/2026Lower TargetEqual Weight$174.00 ➝ $171.00+7.96%
10/7/2026Reiterated RatingOverweight$196.00 ➝ $197.00+23.49%
10/7/2026Set TargetNeutral$184.00 ➝ $179.00+12.20%
10/6/2026Lower TargetMarket Perform$175.00 ➝ $170.00+5.67%
10/5/2026Reiterated RatingNeutral$196.00 ➝ $198.00+25.18%
10/5/2026Boost TargetNeutral$179.00 ➝ $185.00+16.48%
10/2/2026 Boost TargetBuy$199.00 ➝ $209.00+33.06%
9/1/2026Lower TargetHold$161.00 ➝ $160.00-8.36%
8/17/2026 Reiterated RatingBuy (B-)
7/30/2026Boost TargetBuy$178.00 ➝ $196.00+13.47%
7/23/2026 Reiterated RatingMarket Outperform
7/23/2026Boost TargetMarket Outperform$200.00 ➝ $205.00+24.79%
10/23/2025Boost TargetMarket Perform$174.00 ➝ $181.00+10.78%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 11:11 AM ET.


Should I Buy Raymond James Financial Stock? RJF Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, November 11, 2026. Please send any questions or comments about these Raymond James Financial pros and cons to contact@marketbeat.com.

Raymond James Financial
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Raymond James:

  • Raymond James recently reported record fourth-quarter and full-year fiscal 2026 results, marking six consecutive years of record annual performance, driven by strong growth in its Private Client Group, investment banking, and bank lending segments.
  • The company demonstrated strong earnings power by beating analyst expectations in its most recent quarter, reporting earnings per share of $3.59 against a consensus estimate of $3.26, while also exceeding revenue forecasts with $4.27 billion in sales compared to the expected $4.20 billion.
  • Investors can benefit from a consistent income stream as Raymond James maintains a dividend yield of 1.28%, with a recent quarterly dividend payment of $0.54 per share that represents a low payout ratio of 18.12%, indicating the company retains most of its earnings for reinvestment.
  • The stock is currently trading at $167.21, which is below the average analyst price target of $181.46, suggesting potential upside of approximately 8.5% based on the consensus of investment professionals who have rated the stock.
  • Raymond James exhibits a favorable valuation profile with a price-to-earnings ratio of 14.03 and a price-to-earnings-growth ratio of 0.90, indicating that the stock may be undervalued relative to its growth rate compared to broader market averages.

Raymond James Financial
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Raymond James for these reasons:

  • The stock carries a consensus rating of "Hold" from analysts, with nine analysts issuing a Hold rating compared to only six Buy ratings, reflecting a cautious outlook on the stock's near-term potential despite recent earnings beats.
  • Recent insider activity has been predominantly negative, with multiple executives selling shares in the past few months, including a sale of 7,500 shares by Bella Loykhter Allaire in August 2026 and 10,000 shares by Tashtego S Elwyn in July 2026, which may signal reduced internal confidence.
  • Raymond James has outlined a $2.5 billion noncomp expense target for fiscal 2027, indicating a significant increase in operating costs that could pressure margins if revenue growth does not keep pace with these rising expenditures.
  • The company's debt-to-equity ratio stands at 0.43, and while its current ratio is 1.06, the quick ratio of 1.03 suggests limited liquidity buffers, which could be a concern in a volatile financial environment where rapid asset liquidation may be necessary.
  • Short interest in Raymond James remains elevated, with 5,440,966 shares shorted as of the most recent record date, representing a short percentage of float of 2.85%, which indicates that a portion of the market is betting against the stock's price appreciation.

RJF Forecast - Frequently Asked Questions

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Raymond James Financial is $181.46, with a high forecast of $209.00 and a low forecast of $160.00.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Raymond James Financial in the last twelve months. There are currently 9 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RJF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RJF, but not buy additional shares or sell existing shares.

According to analysts, Raymond James Financial's stock has a predicted upside of 7.95% based on their 12-month stock forecasts.

Raymond James Financial also publishes sell-side equities research reports and recommendations about other companies, which can be viewed at its brokerage rating page.

Analysts like Raymond James Financial more than other "finance" companies. The consensus rating score for Raymond James Financial is 2.40 while the average consensus rating score for "finance" companies is 2.27. Learn more on how RJF compares to other companies.


MarketBeat monitors more than a dozen sources for Raymond James Financial analyst ratings, with the most recent rating issued on 10/30/2026.
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