Franco-Nevada (FNV) Stock Forecast, Price Target & Predictions
FNV Stock Forecast
Franco-Nevada stock forecast is as follows: an average price target of $139.00 (represents a 19.75% upside from FNV’s last price of $116.08) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.
FNV Price Target
The average price target for Franco-Nevada (FNV) is $139.00 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $139.00 to $139.00. This represents a potential 19.75% upside from FNV's last price of $116.08.
FNV Analyst Ratings
According to 11 Wall Street analysts, Franco-Nevada's rating consensus is 'Buy'. The analyst rating breakdown for FNV stock is 0 'Strong Buy' (0.00%), 5 'Buy' (45.45%), 5 'Hold' (45.45%), 1 'Sell' (9.09%), and 0 'Strong Sell' (0.00%).
Franco-Nevada Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 01, 2024 | Lawson Winder | Bank of America Securities | $139.00 | $124.45 | 11.69% | 19.75% |
| May 23, 2024 | Tanya Jakusconek | Scotiabank | $141.00 | $122.71 | 14.91% | 21.47% |
| Aug 11, 2022 | H.C. Wainwright | $145.00 | $133.79 | 8.38% | 24.92% | |
| Jul 19, 2022 | H.C. Wainwright | $144.00 | $126.00 | 14.29% | 24.06% | |
| May 05, 2022 | H.C. Wainwright | $180.00 | $156.09 | 15.32% | 55.07% | |
| Jan 21, 2022 | Puneet Singh | Industrial Alliance Securities | $187.00 | $130.35 | 43.46% | 61.10% |
| Dec 22, 2021 | Adam Josephson | KeyBanc | $154.38 | $134.33 | 14.92% | 33.00% |
| May 20, 2021 | John Sclodnick | Desjardins | $159.15 | $150.21 | 5.95% | 37.11% |
The latest Franco-Nevada stock forecast, released on Oct 01, 2024 by Lawson Winder from Bank of America Securities, set a price target of $139.00, which represents a 11.69% increase from the stock price at the time of the forecast ($124.45), and a 19.75% increase from FNV last price ($116.08).
Franco-Nevada Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $139.00 | $140.00 |
| Last Closing Price | $116.08 | $116.08 | $116.08 |
| Upside/Downside | -100.00% | 19.75% | 20.61% |
In the current month, the average price target of Franco-Nevada stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Franco-Nevada's last price of $116.08. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 10, 2024 | National Bank | Sector Perform | Sector Perform | Hold |
| Oct 04, 2024 | Jefferies | Hold | Hold | Hold |
| Oct 01, 2024 | Bank of America Securities | Reduce | Downgrade | |
| Aug 19, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Aug 15, 2024 | TD Securities | Buy | Upgrade | |
| Jul 17, 2024 | National Bank | Sector Perform | Sector Perform | Hold |
| Jul 16, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Jul 12, 2024 | Jefferies | Hold | Hold | Hold |
| Jul 10, 2024 | CIBC | Outperform | Outperform | Hold |
| May 23, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| May 06, 2024 | H.C. Wainwright | Buy | Buy | Hold |
| May 03, 2024 | National Bank | Sector Perform | Sector Perform | Hold |
| May 03, 2024 | Raymond James | Outperform | Outperform | Hold |
| Apr 18, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Apr 05, 2024 | National Bank | Sector Perform | Sector Perform | Hold |
| Sep 12, 2022 | Goldman Sachs | Neutral | Initialise | |
| Apr 25, 2022 | Canaccord Genuity | Hold | Downgrade |
Franco-Nevada's last stock rating was published by National Bank on Oct 10, 2024. The company gave FNV a "Sector Perform" rating, the same as its previous rate.
Franco-Nevada Financial Forecast
Franco-Nevada Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $276.30M | $320.40M | $304.20M | $352.30M | $338.80M | $327.70M | $316.30M | $347.10M | $308.90M | $304.50M | $279.80M |
| Avg Forecast | $354.34M | $356.52M | $352.62M | $354.32M | $478.98M | $420.65M | $370.78M | $354.56M | $340.56M | $332.76M | $319.57M | $314.64M | $309.18M | $279.11M | $274.51M | $250.50M | $296.66M | $317.93M | $321.51M | $293.12M | $307.88M | $325.13M | $349.67M | $336.62M | $322.71M | $320.16M | $337.31M | $304.50M | $266.64M | $242.39M |
| High Forecast | $370.40M | $372.68M | $368.60M | $370.37M | $500.68M | $439.71M | $387.58M | $370.63M | $355.98M | $347.83M | $334.05M | $329.28M | $322.80M | $291.75M | $274.51M | $250.50M | $323.91M | $318.22M | $336.08M | $306.40M | $321.83M | $325.13M | $349.67M | $336.62M | $322.71M | $320.16M | $337.31M | $304.50M | $266.64M | $242.39M |
| Low Forecast | $339.68M | $341.77M | $338.03M | $339.66M | $459.16M | $403.24M | $355.43M | $339.89M | $326.46M | $318.98M | $306.34M | $300.00M | $298.00M | $267.56M | $274.51M | $250.50M | $269.40M | $317.64M | $308.20M | $280.98M | $295.14M | $325.13M | $349.67M | $336.62M | $322.71M | $320.16M | $337.31M | $304.50M | $266.64M | $242.39M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 16 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 1.04% | 0.94% | 1.01% | 1.01% | 1.02% | 0.99% | 1.03% | 1.01% | 1.14% | 1.15% |
Franco-Nevada's average Quarter revenue forecast for Jun 23 based on 1 analysts is $321.51M, with a low forecast of $308.20M, and a high forecast of $336.08M. FNV's average Quarter revenue forecast represents a 16.36% increase compared to the company's last Quarter revenue of $276.30M (Mar 23).
Franco-Nevada EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 16 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $239.20M | $266.40M | $259.50M | $303.00M | $277.80M | $341.40M | $270.00M | $282.20M | $262.40M | $265.60M | $236.20M |
| Avg Forecast | $216.69M | $218.02M | $215.64M | $216.68M | $292.91M | $257.24M | $226.74M | $216.82M | $208.26M | $203.49M | $195.43M | $192.41M | $189.07M | $170.68M | $167.87M | $153.19M | $181.41M | $194.42M | $196.61M | $179.25M | $188.28M | $268.69M | $288.97M | $307.53M | $266.69M | $264.59M | $278.76M | $181.74M | $220.36M | $200.32M |
| High Forecast | $226.51M | $227.90M | $225.41M | $226.49M | $306.18M | $268.89M | $237.02M | $226.65M | $217.69M | $212.71M | $204.28M | $201.37M | $197.40M | $178.42M | $167.87M | $153.19M | $198.08M | $194.60M | $205.52M | $187.37M | $196.81M | $268.69M | $288.97M | $369.03M | $266.69M | $264.59M | $278.76M | $218.08M | $220.36M | $200.32M |
| Low Forecast | $207.72M | $209.00M | $206.71M | $207.71M | $280.79M | $246.59M | $217.36M | $207.85M | $199.64M | $195.07M | $187.34M | $183.46M | $182.24M | $163.62M | $167.87M | $153.19M | $164.75M | $194.25M | $188.47M | $171.83M | $180.48M | $268.69M | $288.97M | $246.02M | $266.69M | $264.59M | $278.76M | $145.39M | $220.36M | $200.32M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.33% | 1.41% | 0.97% | 1.05% | 0.90% | 1.28% | 1.02% | 1.01% | 1.44% | 1.21% | 1.18% |
1 analysts predict FNV's average Quarter EBITDA for Jun 23 to be $196.61M, with a high of $205.52M and a low of $188.47M. This is -17.80% lower than Franco-Nevada's previous annual EBITDA (Mar 23) of $239.20M.
Franco-Nevada Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 16 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $156.50M | $165.00M | $157.10M | $196.50M | $182.00M | $220.90M | $166.00M | $175.30M | $171.50M | $176.70M | $153.90M |
| Avg Forecast | $207.23M | $206.51M | $204.67M | $210.83M | $252.46M | $234.67M | $220.38M | $216.09M | $197.79M | $194.59M | $186.42M | $182.56M | $175.06M | $159.55M | $152.83M | $137.31M | $154.48M | $173.15M | $171.27M | $155.00M | $159.73M | $164.58M | $189.31M | $191.29M | $165.74M | $163.39M | $179.28M | $162.93M | $133.40M | $117.81M |
| High Forecast | $219.43M | $218.68M | $216.72M | $223.24M | $267.33M | $248.49M | $233.36M | $228.81M | $209.44M | $206.06M | $197.40M | $198.09M | $186.73M | $168.94M | $154.09M | $137.34M | $156.41M | $173.39M | $181.35M | $164.14M | $169.14M | $164.58M | $189.31M | $229.54M | $165.74M | $163.39M | $186.97M | $195.51M | $133.40M | $117.81M |
| Low Forecast | $196.08M | $195.40M | $193.65M | $199.48M | $238.88M | $222.04M | $208.52M | $204.46M | $187.15M | $184.12M | $176.39M | $165.08M | $157.56M | $150.96M | $151.58M | $137.28M | $150.62M | $172.91M | $162.05M | $146.66M | $151.14M | $164.58M | $189.31M | $153.03M | $165.74M | $163.39M | $171.58M | $130.34M | $133.40M | $117.81M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.03% | 0.95% | 1.04% | 0.95% | 1.33% | 1.02% | 0.98% | 1.05% | 1.32% | 1.31% |
Franco-Nevada's average Quarter net income forecast for Jun 23 is $171.27M, with a range of $162.05M to $181.35M. FNV's average Quarter net income forecast represents a 9.43% increase compared to the company's last Quarter net income of $156.50M (Mar 23).
Franco-Nevada SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 16 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.40M | $11.80M | $5.10M | $5.80M | $9.90M | $9.60M | $4.60M | $10.40M | $6.20M | $4.60M | $6.30M |
| Avg Forecast | $9.39M | $9.45M | $9.35M | $9.39M | $12.70M | $11.15M | $9.83M | $9.40M | $9.03M | $8.82M | $8.47M | $8.34M | $8.20M | $7.40M | $7.28M | $6.64M | $7.87M | $8.43M | $8.52M | $7.77M | $8.16M | $8.62M | $9.27M | $10.41M | $8.56M | $8.49M | $8.94M | $5.89M | $7.07M | $6.43M |
| High Forecast | $9.82M | $9.88M | $9.77M | $9.82M | $13.27M | $11.66M | $10.28M | $9.83M | $9.44M | $9.22M | $8.86M | $8.73M | $8.56M | $7.74M | $7.28M | $6.64M | $8.59M | $8.44M | $8.91M | $8.12M | $8.53M | $8.62M | $9.27M | $12.49M | $8.56M | $8.49M | $8.94M | $7.07M | $7.07M | $6.43M |
| Low Forecast | $9.01M | $9.06M | $8.96M | $9.01M | $12.17M | $10.69M | $9.42M | $9.01M | $8.66M | $8.46M | $8.12M | $7.95M | $7.90M | $7.09M | $7.28M | $6.64M | $7.14M | $8.42M | $8.17M | $7.45M | $7.83M | $8.62M | $9.27M | $8.32M | $8.56M | $8.49M | $8.94M | $4.71M | $7.07M | $6.43M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.21% | 1.45% | 0.59% | 0.63% | 0.95% | 1.12% | 0.54% | 1.16% | 1.05% | 0.65% | 0.98% |
Franco-Nevada's average Quarter SG&A projection for Jun 23 is $8.52M, based on 1 Wall Street analysts, with a range of $8.17M to $8.91M. The forecast indicates a -9.32% fall compared to FNV last annual SG&A of $9.40M (Mar 23).
Franco-Nevada EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 16 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.82 | $0.07 | $0.82 | $1.04 | $0.95 | $1.15 | $0.87 | $0.92 | $0.90 | $0.93 | $0.81 |
| Avg Forecast | $1.08 | $1.07 | $1.06 | $1.10 | $1.31 | $1.22 | $1.14 | $1.12 | $1.03 | $1.01 | $0.97 | $0.95 | $0.91 | $0.83 | $0.79 | $0.71 | $0.80 | $0.90 | $0.89 | $0.81 | $0.83 | $0.85 | $0.98 | $0.97 | $0.86 | $0.85 | $0.93 | $0.80 | $0.69 | $0.61 |
| High Forecast | $1.14 | $1.14 | $1.13 | $1.16 | $1.39 | $1.29 | $1.21 | $1.19 | $1.09 | $1.07 | $1.03 | $1.03 | $0.97 | $0.88 | $0.80 | $0.71 | $0.81 | $0.90 | $0.94 | $0.85 | $0.88 | $0.85 | $0.98 | $0.97 | $0.86 | $0.85 | $0.97 | $0.80 | $0.69 | $0.61 |
| Low Forecast | $1.02 | $1.02 | $1.01 | $1.04 | $1.24 | $1.15 | $1.08 | $1.06 | $0.97 | $0.96 | $0.92 | $0.86 | $0.82 | $0.78 | $0.79 | $0.71 | $0.78 | $0.90 | $0.84 | $0.76 | $0.79 | $0.85 | $0.98 | $0.97 | $0.86 | $0.85 | $0.89 | $0.80 | $0.69 | $0.61 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 0.09% | 0.96% | 1.06% | 0.98% | 1.34% | 1.03% | 0.99% | 1.13% | 1.34% | 1.32% |
According to 1 Wall Street analysts, Franco-Nevada's projected average Quarter EPS for Jun 23 is $0.89, with a low estimate of $0.84 and a high estimate of $0.94. This represents a 8.50% increase compared to FNV previous annual EPS of $0.82 (Mar 23).
Franco-Nevada Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NEM | Newmont | $39.80 | $57.86 | 45.38% | Buy |
| FSM | Fortuna Silver Mines | $4.60 | $6.50 | 41.30% | Hold |
| SAND | Sandstorm Gold | $5.61 | $7.50 | 33.69% | Buy |
| WPM | Wheaton Precious Metals | $59.76 | $73.50 | 22.99% | Buy |
| KGC | Kinross Gold | $9.57 | $11.50 | 20.17% | Buy |
| RGLD | Royal Gold | $144.27 | $169.40 | 17.42% | Buy |
| FNV | Franco-Nevada | $119.08 | $139.00 | 16.73% | Buy |
| PAAS | Pan American Silver | $22.00 | $23.00 | 4.55% | Buy |
| OR | Osisko Gold Royalties | $18.98 | $19.00 | 0.11% | Buy |
| AEM | Agnico Eagle Mines | $81.73 | $79.80 | -2.36% | Buy |
| AGI | Alamos Gold | $19.07 | $18.00 | -5.61% | Buy |