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Franklin Resources (BEN) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

BEN Stock Forecast

Franklin Resources stock forecast is as follows: an average price target of $20.67 (represents a 3.09% upside from BEN’s last price of $20.05) and a rating consensus of 'Hold', based on 7 wall street analysts offering a 1-year stock forecast.

BEN Price Target

The average price target for Franklin Resources (BEN) is $20.67 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $23.00 to $19.00. This represents a potential 3.09% upside from BEN's last price of $20.05.

BEN Analyst Ratings

Hold

According to 7 Wall Street analysts, Franklin Resources's rating consensus is 'Hold'. The analyst rating breakdown for BEN stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 5 'Hold' (71.43%), 2 'Sell' (28.57%), and 0 'Strong Sell' (0.00%).

Franklin Resources Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 18, 2024Michael CyprysMorgan Stanley$19.00$20.67-8.08%-5.24%
Aug 27, 2024Benjamin BudishBarclays$20.00$20.74-3.57%-0.25%
Aug 22, 2024Aidan HallWells Fargo$23.00$19.7816.28%14.71%
Jul 26, 2024Etienne RicardBMO Capital$26.00$23.0812.65%29.68%
Apr 05, 2024Brian BedellDeutsche Bank$29.00$27.206.62%44.64%
Mar 14, 2024Catherine SeifertCFRA$30.00$27.0410.95%49.63%
Dec 15, 2022Wells Fargo$26.00$27.10-4.06%29.68%
Nov 23, 2022Goldman Sachs$23.00$26.42-12.94%14.71%
Nov 15, 2022Deutsche Bank$26.00$27.20-4.41%29.68%
Oct 03, 2022Morgan Stanley$20.00$22.23-10.01%-0.25%
Oct 03, 2022Goldman Sachs$21.00$21.80-3.67%4.74%
Aug 12, 2022Deutsche Bank$29.00$28.960.15%44.64%
Aug 01, 2022UBS$27.00$27.62-2.24%34.66%
Jun 30, 2022Morgan Stanley$21.00$22.73-7.61%4.74%
Jun 14, 2022James FotheringhamBMO Capital$27.00$23.0717.04%34.66%
May 19, 2022Deutsche Bank$25.00$25.14-0.54%24.69%
Nov 02, 2021Robert LeeKBW$45.00$36.9821.69%124.44%
May 05, 2021Jeremy CampbellBarclays$28.00$32.47-13.77%39.65%
May 05, 2021Christopher HarrisWells Fargo$30.00$32.47-7.61%49.63%

The latest Franklin Resources stock forecast, released on Oct 18, 2024 by Michael Cyprys from Morgan Stanley, set a price target of $19.00, which represents a -8.08% decrease from the stock price at the time of the forecast ($20.67), and a -5.24% decrease from BEN last price ($20.05).

Franklin Resources Price Target by Period

1M3M12M
# Anlaysts--6
Avg Price Target--$24.50
Last Closing Price$20.05$20.05$20.05
Upside/Downside-100.00%-100.00%22.19%

In the current month, the average price target of Franklin Resources stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Franklin Resources's last price of $20.05. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 22, 2024UBSUnderperformUnderperformHold
Oct 18, 2024Morgan StanleyUnderperformUnderperformHold
Oct 18, 2024Wells FargoMarket PerformMarket PerformHold
Oct 18, 2024Morgan StanleyUnderweightUnderweightHold
Sep 30, 2024UBSUnderperformUnderperformHold
Sep 12, 2024Wells FargoMarket PerformMarket PerformHold
Sep 12, 2024Cowen & Co.HoldHoldHold
Aug 27, 2024BarclaysUnderweightInitialise
Aug 22, 2024UBSMarket PerformMarket PerformHold
Aug 22, 2024Keefe, Bruyette & WoodsUnderperformUnderperformHold
Jul 29, 2024Cowen & Co.HoldHoldHold
Jul 26, 2024BMO CapitalMarket PerformMarket PerformHold
Jul 08, 2024Cowen & Co.HoldHoldHold
Apr 30, 2024Cowen & Co.HoldHoldHold
Apr 30, 2024Bank of America SecuritiesUnderperformUnderperformHold
Apr 29, 2024BMO CapitalMarket PerformMarket PerformHold
Apr 05, 2024Deutsche BankHoldHoldHold
Jan 08, 2024Wells FargoUnderweightEqual-WeightUpgrade
Aug 01, 2023Goldman SachsSellSellHold
Jan 31, 2023Deutsche BankHoldHoldHold
Dec 15, 2022Wells FargoUnderweightInitialise
Nov 23, 2022Goldman SachsSellSellHold
Nov 15, 2022Deutsche BankHoldHoldHold
Oct 03, 2022Morgan StanleyUnderweightUnderweightHold
Oct 03, 2022Goldman SachsSellSellHold
Aug 12, 2022Deutsche BankHoldHoldHold
Aug 01, 2022UBSNeutralNeutralHold
Jun 30, 2022Morgan StanleyUnderweightUnderweightHold
Jun 01, 2022BMO CapitalMarket PerformMarket PerformHold
May 19, 2022Deutsche BankHoldHoldHold
Apr 26, 2022Zacks Investment ResearchHoldDowngrade
Feb 18, 2022Deutsche BankHoldHoldHold

Franklin Resources's last stock rating was published by UBS on Oct 22, 2024. The company gave BEN a "Underperform" rating, the same as its previous rate.

Franklin Resources Financial Forecast

Franklin Resources Revenue Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
Revenue---------------$1.99B$1.99B$1.97B$1.93B$1.97B$1.94B$2.03B$2.08B$2.22B$2.18B$2.17B$2.08B$2.00B$1.63B$1.19B
Avg Forecast$3.20B$3.10B$3.01B$1.86B$1.79B$1.74B$1.71B$1.71B$1.67B$1.64B$1.62B$1.68B$1.69B$1.67B$1.66B$1.51B$1.50B$1.50B$1.44B$1.47B$1.49B$1.55B$1.56B$1.63B$1.60B$1.56B$1.49B$1.44B$1.23B$1.15B
High Forecast$3.71B$3.60B$3.49B$2.16B$2.07B$2.02B$1.98B$1.98B$1.93B$1.90B$1.63B$1.69B$1.70B$1.67B$1.66B$1.53B$1.86B$1.73B$1.67B$1.69B$1.49B$1.55B$1.56B$1.63B$1.60B$1.56B$1.49B$1.44B$1.23B$1.15B
Low Forecast$2.93B$2.84B$2.75B$1.70B$1.63B$1.59B$1.56B$1.56B$1.52B$1.50B$1.59B$1.66B$1.69B$1.67B$1.66B$1.51B$1.42B$1.37B$1.32B$1.26B$1.49B$1.55B$1.56B$1.63B$1.60B$1.56B$1.49B$1.44B$1.23B$1.15B
# Analysts111111111133111376322223456677
Surprise %---------------1.32%1.32%1.32%1.33%1.34%1.30%1.31%1.33%1.36%1.36%1.39%1.40%1.38%1.33%1.04%

Franklin Resources's average Quarter revenue forecast for Mar 24 based on 1 analysts is $1.66B, with a low forecast of $1.66B, and a high forecast of $1.66B. BEN's average Quarter revenue forecast represents a -16.38% decrease compared to the company's last Quarter revenue of $1.99B (Dec 23).

Franklin Resources EBITDA Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts111111111133111376322223456677
EBITDA---------------$206.50M$424.80M$314.90M$341.10M$338.50M$430.00M$522.90M$576.90M$704.30M$740.60M$632.00M$606.70M$597.50M$223.80M$335.50M
Avg Forecast$781.04M$757.35M$734.38M$454.85M$435.93M$425.40M$416.79M$416.22M$406.98M$399.34M$394.56M$410.36M$413.67M$406.60M$646.55M$369.54M$366.21M$365.13M$587.77M$609.34M$342.94M$355.85M$464.64M$375.70M$368.74M$359.34M$565.71M$331.73M$282.30M$263.42M
High Forecast$905.20M$877.75M$851.13M$527.16M$505.24M$493.02M$483.06M$482.39M$471.69M$462.83M$398.36M$412.28M$413.92M$406.60M$775.85M$373.41M$454.03M$423.18M$705.32M$731.21M$342.94M$355.85M$557.57M$375.70M$368.74M$359.34M$678.85M$331.73M$282.30M$263.42M
Low Forecast$714.25M$692.58M$671.58M$415.96M$398.65M$389.02M$381.15M$380.62M$372.18M$365.19M$388.87M$404.58M$413.41M$406.60M$517.24M$367.60M$347.77M$333.91M$470.21M$487.47M$342.94M$355.85M$371.71M$375.70M$368.74M$359.34M$452.57M$331.73M$282.30M$263.42M
Surprise %---------------0.56%1.16%0.86%0.58%0.56%1.25%1.47%1.24%1.87%2.01%1.76%1.07%1.80%0.79%1.27%

1 analysts predict BEN's average Quarter EBITDA for Mar 24 to be $646.55M, with a high of $775.85M and a low of $517.24M. This is 213.10% upper than Franklin Resources's previous annual EBITDA (Dec 23) of $206.50M.

Franklin Resources Net Income Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts111111111133111376322223456677
Net Income---------------$251.30M$295.50M$227.50M$338.10M$165.60M$232.70M$256.40M$349.60M$544.80M$665.70M$438.40M$381.80M$345.30M$78.90M$290.40M
Avg Forecast$365.99M$346.22M$322.93M$347.30M$342.63M$327.19M$311.31M$304.35M$301.25M$290.22M$275.94M$272.48M$310.98M$294.34M$403.41M$297.28M$303.29M$309.91M$366.74M$392.09M$347.89M$377.46M$289.91M$458.93M$444.18M$401.85M$356.00M$374.78M$351.99M$283.99M
High Forecast$441.62M$417.77M$389.67M$419.08M$413.44M$394.82M$375.65M$367.25M$363.51M$350.21M$329.19M$302.76M$312.90M$294.39M$484.10M$312.93M$328.99M$373.96M$440.09M$470.51M$347.89M$377.46M$347.89M$458.93M$444.18M$401.85M$427.20M$374.78M$351.99M$283.99M
Low Forecast$325.30M$307.73M$287.03M$308.69M$304.54M$290.82M$276.70M$270.51M$267.76M$257.96M$256.58M$257.34M$309.06M$294.29M$322.73M$271.20M$287.87M$275.46M$293.39M$313.68M$347.89M$377.46M$231.93M$458.93M$444.18M$401.85M$284.80M$374.78M$351.99M$283.99M
Surprise %---------------0.85%0.97%0.73%0.92%0.42%0.67%0.68%1.21%1.19%1.50%1.09%1.07%0.92%0.22%1.02%

Franklin Resources's average Quarter net income forecast for Mar 24 is $403.41M, with a range of $322.73M to $484.10M. BEN's average Quarter net income forecast represents a 60.53% increase compared to the company's last Quarter net income of $251.30M (Dec 23).

Franklin Resources SG&A Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts111111111133111376322223456677
SG&A---------------$532.80M$606.70M$543.30M$204.20M$589.30M$328.20M$337.80M$322.70M$295.30M$323.00M$334.40M$288.20M$801.80M$1.16B$547.30M
Avg Forecast$844.68M$819.06M$794.22M$491.92M$471.45M$460.06M$450.76M$450.13M$440.15M$431.88M$426.71M$443.79M$447.37M$439.73M$372.37M$399.65M$396.05M$394.88M$338.52M$255.48M$271.07M$281.27M$267.60M$296.97M$291.46M$284.03M$268.73M$262.21M$223.14M$208.21M
High Forecast$978.97M$949.28M$920.49M$570.12M$546.41M$533.20M$522.42M$521.70M$510.12M$500.54M$430.82M$445.88M$447.65M$439.73M$446.85M$403.83M$491.03M$457.66M$406.22M$306.58M$271.07M$281.27M$321.13M$296.97M$291.46M$284.03M$322.47M$262.21M$223.14M$208.21M
Low Forecast$772.45M$749.02M$726.30M$449.85M$431.14M$420.72M$412.21M$411.64M$402.51M$394.95M$420.56M$437.54M$447.10M$439.73M$297.90M$397.56M$376.11M$361.11M$270.82M$204.39M$271.07M$281.27M$214.08M$296.97M$291.46M$284.03M$214.98M$262.21M$223.14M$208.21M
Surprise %---------------1.33%1.53%1.38%0.60%2.31%1.21%1.20%1.21%0.99%1.11%1.18%1.07%3.06%5.19%2.63%

Franklin Resources's average Quarter SG&A projection for Mar 24 is $372.37M, based on 1 Wall Street analysts, with a range of $297.90M to $446.85M. The forecast indicates a -30.11% fall compared to BEN last annual SG&A of $532.80M (Dec 23).

Franklin Resources EPS Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts111111111133111376322223456677
EPS---------------$0.50$0.58$0.44$0.69$0.32$0.46$0.50$0.68$1.11$1.31$0.86$0.74$0.67$0.15$0.58
Avg Forecast$0.71$0.67$0.63$0.67$0.66$0.63$0.60$0.59$0.58$0.56$0.53$0.53$0.60$0.57$0.57$0.58$0.59$0.60$0.57$0.54$0.67$0.73$0.81$0.89$0.86$0.78$0.74$0.72$0.68$0.55
High Forecast$0.86$0.81$0.75$0.81$0.80$0.76$0.73$0.71$0.70$0.68$0.64$0.59$0.61$0.57$0.57$0.61$0.64$0.72$0.68$0.64$0.67$0.73$0.81$0.89$0.86$0.78$0.74$0.72$0.68$0.55
Low Forecast$0.63$0.60$0.56$0.60$0.59$0.56$0.54$0.52$0.52$0.50$0.50$0.50$0.60$0.57$0.57$0.53$0.56$0.53$0.50$0.44$0.67$0.73$0.81$0.89$0.86$0.78$0.74$0.72$0.68$0.55
Surprise %---------------0.87%0.99%0.73%1.22%0.60%0.68%0.69%0.84%1.25%1.53%1.11%0.99%0.92%0.22%1.06%

According to 1 Wall Street analysts, Franklin Resources's projected average Quarter EPS for Mar 24 is $0.57, with a low estimate of $0.57 and a high estimate of $0.57. This represents a 14.65% increase compared to BEN previous annual EPS of $0.50 (Dec 23).

Franklin Resources Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
TROWT. Rowe Price Group$114.31$139.0021.60%Hold
BLKBlackRock$1.05K$1.16K10.38%Buy
AMGAffiliated Managers Group$187.61$204.008.74%Buy
STTState Street$100.85$104.223.34%Buy
BENFranklin Resources$20.05$20.673.09%Hold
NTRSNorthern Trust$112.60$109.33-2.90%Buy
PFGPrincipal Financial Group$83.38$79.25-4.95%Hold
ARCCAres Capital$23.18$22.00-5.09%Buy
IVZInvesco$19.00$17.50-7.89%Hold
ARESAres Management$193.42$175.00-9.52%Buy
BXBlackstone$185.38$164.25-11.40%Hold
AMPAmeriprise Financial$575.13$495.00-13.93%Buy
MAINMain Street Capital$60.62$52.00-14.22%Buy
JHGJanus Henderson Group$43.27$37.00-14.49%Hold

BEN Forecast FAQ

Is Franklin Resources a good buy?

No, according to 7 Wall Street analysts, Franklin Resources (BEN) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of BEN's total ratings.

What is BEN's price target?

Franklin Resources (BEN) average price target is $20.67 with a range of $19 to $23, implying a 3.09% from its last price of $20.05. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Franklin Resources stock go up soon?

According to Wall Street analysts' prediction for BEN stock, the company can go up by 3.09% (from the last price of $20.05 to the average price target of $20.67), up by 14.71% based on the highest stock price target, and down by -5.24% based on the lowest stock price target.

Can Franklin Resources stock reach $30?

BEN's average twelve months analyst stock price target of $20.67 does not support the claim that Franklin Resources can reach $30 in the near future.

What are Franklin Resources's analysts' financial forecasts?

Franklin Resources's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $6.94B (high $8.05B, low $6.35B), average EBITDA is $1.69B (high $1.96B, low $1.55B), average net income is $1.29B (high $1.55B, low $1.14B), average SG&A $1.83B (high $2.12B, low $1.68B), and average EPS is $2.49 (high $3, low $2.21). BEN's analysts financial forecasts for the fiscal year (Sep 2027) are as follows: average revenue is $11.17B (high $12.95B, low $10.22B), average EBITDA is $2.73B (high $3.16B, low $2.49B), average net income is $1.38B (high $1.67B, low $1.23B), average SG&A $2.95B (high $3.42B, low $2.7B), and average EPS is $2.68 (high $3.23, low $2.38).

Did the BEN's actual financial results beat the analysts' financial forecasts?

Based on Franklin Resources's last annual report (Sep 2023), the company's revenue was $7.85B, beating the average analysts forecast of $5.91B by 32.82%. Apple's EBITDA was $1.44B, missing the average prediction of $1.93B by -25.15%. The company's net income was $882.8M, missing the average estimation of $1.37B by -35.66%. Apple's SG&A was $2.41B, beating the average forecast of $1.38B by 73.80%. Lastly, the company's EPS was $2.03, missing the average prediction of $2.29 by -11.36%. In terms of the last quarterly report (Dec 2023), Franklin Resources's revenue was $1.99B, beating the average analysts' forecast of $1.51B by 31.52%. The company's EBITDA was $206.5M, missing the average prediction of $369.54M by -44.12%. Franklin Resources's net income was $251.3M, missing the average estimation of $297.28M by -15.47%. The company's SG&A was $532.8M, beating the average forecast of $399.65M by 33.32%. Lastly, the company's EPS was $0.5, missing the average prediction of $0.576 by -13.18%