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


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BEN Stock Forecast


Franklin Resources stock forecast is as follows: an average price target of $27.00 (represents a 35.68% upside from BEN’s last price of $19.90) and a rating consensus of 'Hold', based on 9 wall street analysts offering a 1-year stock forecast.

BEN Price Target


The average price target for Franklin Resources (BEN) is $27.00 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $45.00 to $20.00. This represents a potential 35.68% upside from BEN's last price of $19.90.

BEN Analyst Ratings


Hold

According to 9 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%), 6 'Hold' (66.67%), 3 'Sell' (33.33%), and 0 'Strong Sell' (0.00%).

Franklin Resources Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 27, 2024Benjamin BudishBarclays$20.00$20.74-3.57%0.50%
Aug 22, 2024Aidan HallWells Fargo$23.00$19.7816.28%15.58%
Jul 26, 2024Etienne RicardBMO Capital$26.00$23.0812.65%30.65%
Apr 05, 2024Brian BedellDeutsche Bank$29.00$27.206.62%45.73%
Mar 14, 2024Catherine SeifertCFRA$30.00$27.0410.95%50.75%
Dec 15, 2022-Wells Fargo$26.00$27.10-4.06%30.65%
Nov 23, 2022-Goldman Sachs$23.00$26.42-12.94%15.58%
Nov 15, 2022-Deutsche Bank$26.00$27.20-4.41%30.65%
Oct 03, 2022-Morgan Stanley$20.00$22.23-10.01%0.50%
Oct 03, 2022-Goldman Sachs$21.00$21.80-3.67%5.53%
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The latest Franklin Resources stock forecast, released on Aug 27, 2024 by Benjamin Budish from Barclays, set a price target of $20.00, which represents a -3.57% decrease from the stock price at the time of the forecast ($20.74), and a 0.50% increase from BEN last price ($19.90).

Franklin Resources Price Target by Period


1M3M12M
# Anlaysts235
Avg Price Target$21.50$23.00$25.60
Last Closing Price$19.90$19.90$19.90
Upside/Downside8.04%15.58%28.64%

In the current month, the average price target of Franklin Resources stock is $21.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 8.04% increase as opposed to Franklin Resources's last price of $19.90. This month's average price target is down -6.52% compared to last quarter, and down -16.02% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 12, 2024Wells FargoMarket PerformMarket PerformHold
Sep 12, 2024Cowen & Co.HoldHoldHold
Aug 27, 2024Barclays-UnderweightInitialise
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
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Franklin Resources's last stock rating was published by Wells Fargo on Sep 12, 2024. The company gave BEN a "Market Perform" rating, the same as its previous rate.

Franklin Resources Financial Forecast


Franklin Resources Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$1.99B$1.99B$1.97B$1.93B$1.97B$1.94B-$2.08B$2.22B$2.18B$2.17B$2.08B$2.00B$1.63B$1.19B$1.34B$1.41B$1.45B
Avg Forecast$1.92B$1.87B$1.83B$1.80B$1.79B$1.77B$1.74B$1.71B$1.72B$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$1.31B$1.44B$1.46B
High Forecast$1.94B$1.89B$1.85B$1.81B$1.81B$1.79B$1.76B$1.73B$1.74B$1.73B$1.68B$1.68B$1.53B$1.86B$1.51B$1.46B$1.48B$1.51B$1.55B$1.59B$1.66B$1.63B$1.59B$1.52B$1.47B$1.25B$1.17B$1.34B$1.46B$1.48B
Low Forecast$1.90B$1.85B$1.81B$1.78B$1.77B$1.76B$1.72B$1.70B$1.70B$1.67B$1.65B$1.65B$1.51B$1.42B$1.48B$1.43B$1.45B$1.48B$1.55B$1.54B$1.61B$1.58B$1.54B$1.47B$1.42B$1.21B$1.13B$1.30B$1.42B$1.44B
# Analysts222211112421376322234565555544
Surprise %------------1.32%1.32%1.32%1.33%1.34%1.30%-1.33%1.36%1.36%1.39%1.40%1.38%1.33%1.04%1.02%0.98%1.00%

Franklin Resources's average Quarter revenue forecast for Mar 24 based on 1 analysts is $1.66B, with a low forecast of $1.65B, and a high forecast of $1.68B. 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

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211112421376322234565555544
EBITDA------------$206.50M$424.80M$314.90M$341.10M$338.50M$430.00M-$576.90M$704.30M$740.60M$632.00M$606.70M$597.50M$223.80M$335.50M$150.80M$481.50M$425.90M
Avg Forecast$441.83M$430.79M$421.67M$413.02M$411.28M$408.22M$400.70M$393.94M$395.61M$389.45M$383.21M$646.55M$348.28M$345.15M$344.13M$587.77M$338.04M$479.32M$355.85M$464.64M$553.94M$435.75M$465.68M$565.71M$589.20M$265.97M$244.00M$71.09M$481.50M$445.86M
High Forecast$446.23M$435.09M$425.87M$417.14M$415.38M$412.29M$404.70M$397.86M$399.56M$396.87M$387.03M$775.85M$351.93M$427.92M$347.56M$705.32M$341.41M$575.19M$355.85M$557.57M$664.73M$522.90M$558.82M$678.85M$707.04M$319.16M$292.80M$85.31M$577.80M$535.04M
Low Forecast$437.36M$426.43M$417.40M$408.84M$407.12M$404.08M$396.65M$389.95M$391.61M$383.89M$379.33M$517.24M$346.46M$327.77M$340.65M$470.21M$334.62M$383.46M$355.85M$371.71M$443.16M$348.60M$372.55M$452.57M$471.36M$212.77M$195.20M$56.87M$385.20M$356.69M
Surprise %------------0.59%1.23%0.92%0.58%1.00%0.90%-1.24%1.27%1.70%1.36%1.07%1.01%0.84%1.38%2.12%1.00%0.96%

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

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211112421376322234565555544
Net Income------------$251.30M$295.50M$227.50M$338.10M$165.60M$232.70M-$349.60M$544.80M$665.70M$438.40M$381.80M$345.30M$78.90M$290.40M$79.10M$350.50M$306.40M
Avg Forecast$424.10M$397.68M$383.60M$366.23M$362.33M$365.12M$350.21M$332.11M$329.05M$308.78M$294.91M$403.41M$297.86M$303.88M$310.51M$366.74M$277.57M$430.85M$378.92M$289.91M$356.45M$391.68M$323.03M$356.00M$340.50M$93.77M$211.20M$37.29M$350.50M$320.76M
High Forecast$429.60M$402.83M$388.57M$370.98M$367.03M$369.85M$354.74M$336.41M$333.31M$324.22M$298.73M$484.10M$313.53M$329.63M$314.54M$440.09M$281.16M$517.02M$378.92M$347.89M$427.74M$470.02M$387.64M$427.20M$408.60M$112.52M$253.44M$44.75M$420.60M$384.92M
Low Forecast$418.52M$392.44M$378.55M$361.41M$357.57M$360.32M$345.60M$327.74M$324.72M$288.19M$291.03M$322.73M$271.73M$288.43M$306.43M$293.39M$273.91M$344.68M$378.92M$231.93M$285.16M$313.34M$258.43M$284.80M$272.40M$75.01M$168.96M$29.83M$280.40M$256.61M
Surprise %------------0.84%0.97%0.73%0.92%0.60%0.54%-1.21%1.53%1.70%1.36%1.07%1.01%0.84%1.38%2.12%1.00%0.96%

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

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211112421376322234565555544
SG&A------------$532.80M$606.70M$543.30M$204.20M$589.30M$328.20M-$322.70M$295.30M$323.00M$334.40M$288.20M$801.80M$1.16B$547.30M$192.60M$186.70M$215.30M
Avg Forecast$349.23M$340.51M$333.30M$326.47M$325.09M$322.67M$316.73M$311.38M$312.70M$307.84M$302.90M$372.37M$275.29M$272.81M$272.01M$338.52M$267.20M$209.05M$281.27M$267.60M$232.26M$190.04M$246.40M$268.73M$790.66M$223.14M$398.04M$90.80M$186.70M$225.39M
High Forecast$352.71M$343.91M$336.62M$329.72M$328.33M$325.88M$319.88M$314.48M$315.82M$313.70M$305.92M$446.85M$278.18M$338.24M$274.72M$406.22M$269.86M$250.86M$281.27M$321.13M$278.71M$228.05M$295.68M$322.47M$948.80M$227.31M$477.64M$108.96M$224.04M$270.47M
Low Forecast$345.70M$337.07M$329.93M$323.16M$321.80M$319.40M$313.52M$308.23M$309.54M$303.44M$299.84M$297.90M$273.85M$259.08M$269.26M$270.82M$264.49M$167.24M$281.27M$214.08M$185.81M$152.04M$197.12M$214.98M$632.53M$220.11M$318.43M$72.64M$149.36M$180.31M
Surprise %------------1.94%2.22%2.00%0.60%2.21%1.57%-1.21%1.27%1.70%1.36%1.07%1.01%5.19%1.38%2.12%1.00%0.96%

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

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211112421376322234565555544
EPS------------$0.50$0.58$0.44$0.69$0.32$0.46-$0.68$1.11$1.31$0.86$0.74$0.67$0.15$0.58$0.16$0.70$0.61
Avg Forecast$0.82$0.77$0.74$0.71$0.70$0.71$0.68$0.64$0.64$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$0.42$0.67$0.64
High Forecast$0.83$0.78$0.75$0.72$0.71$0.72$0.69$0.65$0.64$0.63$0.58$0.58$0.61$0.64$0.61$0.57$0.54$0.68$0.73$0.83$0.91$0.88$0.80$0.76$0.74$0.70$0.56$0.43$0.68$0.66
Low Forecast$0.81$0.76$0.73$0.70$0.69$0.70$0.67$0.63$0.63$0.56$0.56$0.57$0.53$0.56$0.59$0.56$0.53$0.66$0.73$0.80$0.87$0.84$0.76$0.73$0.71$0.67$0.54$0.41$0.65$0.63
Surprise %------------0.87%0.99%0.73%1.22%0.60%0.68%-0.84%1.25%1.53%1.11%0.99%0.92%0.22%1.06%0.38%1.05%0.95%

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 $0.58. 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
BENFranklin Resources$19.90$27.0035.68%Hold
IVZInvesco$16.01$21.6735.35%Hold
TROWT. Rowe Price Group$104.56$139.0032.94%Hold
NTRSNorthern Trust$88.24$112.3027.27%Buy
AMGAffiliated Managers Group$169.26$194.6715.01%Buy
ARCCAres Capital$20.37$21.606.04%Buy
STTState Street$83.28$88.235.94%Hold
MAINMain Street Capital$49.95$52.004.10%Buy
BLKBlackRock$885.73$900.861.71%Buy
PFGPrincipal Financial Group$81.32$78.71-3.21%Hold
AMPAmeriprise Financial$440.39$424.57-3.59%Buy
ARESAres Management$147.40$136.11-7.66%Buy
BXBlackstone$151.19$130.50-13.68%Buy
JHGJanus Henderson Group$36.20$27.90-22.93%Hold

BEN Forecast FAQ


No, according to 9 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.

Franklin Resources (BEN) average price target is $27 with a range of $20 to $45, implying a 35.68% from its last price of $19.9. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for BEN stock, the company can go up by 35.68% (from the last price of $19.9 to the average price target of $27), up by 126.13% based on the highest stock price target, and up by 0.50% based on the lowest stock price target.

BEN's highest twelve months analyst stock price target of $45 supports the claim that Franklin Resources can reach $30 in the near future.

2 Wall Street analysts forecast a $21.5 price target for Franklin Resources (BEN) this month, up 8.04% from its last price of $19.9. Compared to the last 3 and 12 months, the average price target increased by 15.58% and increased by 28.64%, respectively.

Franklin Resources's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $6.95B (high $7.02B, low $6.88B), average EBITDA is $1.6B (high $1.61B, low $1.58B), average net income is $1.38B (high $1.39B, low $1.36B), average SG&A $1.26B (high $1.28B, low $1.25B), and average EPS is $2.66 (high $2.7, low $2.63). BEN's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $7.29B (high $7.36B, low $7.22B), average EBITDA is $1.68B (high $1.69B, low $1.66B), average net income is $1.51B (high $1.53B, low $1.49B), average SG&A $1.33B (high $1.34B, low $1.31B), and average EPS is $2.92 (high $2.96, low $2.88).

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 $1.62B by -10.63%. The company's net income was $882.8M, missing the average estimation of $1.26B by -29.86%. Apple's SG&A was $2.41B, beating the average forecast of $1.15B by 109.21%. 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 $348.28M by -40.71%. Franklin Resources's net income was $251.3M, missing the average estimation of $297.86M by -15.63%. The company's SG&A was $532.8M, beating the average forecast of $275.29M by 93.54%. Lastly, the company's EPS was $0.5, missing the average prediction of $0.576 by -13.18%