Franco-Nevada (FNV) Stock Forecast, Price Target & Predictions
FNV Stock Forecast
Franco-Nevada stock forecast is as follows: an average price target of $157.31 (represents a 25.72% upside from FNV’s last price of $125.13) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
FNV Price Target
The average price target for Franco-Nevada (FNV) is $157.31 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $187.00 to $141.00. This represents a potential 25.72% upside from FNV's last price of $125.13.
FNV Analyst Ratings
According to 10 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' (50.00%), 5 'Hold' (50.00%), 0 'Sell' (0.00%), 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 |
|---|---|---|---|---|---|---|
| May 23, 2024 | Tanya Jakusconek | Scotiabank | $141.00 | $122.71 | 14.91% | 12.68% |
| Aug 11, 2022 | - | H.C. Wainwright | $145.00 | $133.79 | 8.38% | 15.88% |
| Jul 19, 2022 | - | H.C. Wainwright | $144.00 | $126.00 | 14.29% | 15.08% |
| May 05, 2022 | - | H.C. Wainwright | $180.00 | $156.09 | 15.32% | 43.85% |
| Jan 21, 2022 | Puneet Singh | Industrial Alliance Securities | $187.00 | $130.35 | 43.46% | 49.45% |
| Dec 22, 2021 | Adam Josephson | KeyBanc | $154.38 | $134.33 | 14.92% | 23.37% |
| May 20, 2021 | John Sclodnick | Desjardins | $159.15 | $150.21 | 5.95% | 27.19% |
The latest Franco-Nevada stock forecast, released on May 23, 2024 by Tanya Jakusconek from Scotiabank, set a price target of $141.00, which represents a 14.91% increase from the stock price at the time of the forecast ($122.71), and a 12.68% increase from FNV last price ($125.13).
Franco-Nevada Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $141.00 |
| Last Closing Price | $125.13 | $125.13 | $125.13 |
| Upside/Downside | -100.00% | -100.00% | 12.68% |
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 $125.13. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 |
Franco-Nevada's last stock rating was published by Scotiabank on Aug 19, 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 | $367.32M | $379.13M | $381.60M | $387.83M | $388.80M | $400.31M | $392.59M | $304.61M | $310.07M | $279.59M | $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 | $354.34M | $356.52M | $352.62M | $354.32M | $367.32M | $379.13M | $381.60M | $387.83M | $388.80M | $400.31M | $392.59M | $304.61M | $310.07M | $279.59M | $274.51M | $250.50M | $323.91M | $317.93M | $321.51M | $293.12M | $307.88M | $325.13M | $349.67M | $370.03M | $354.74M | $351.94M | $370.79M | $334.73M | $293.11M | $266.45M |
| Low Forecast | $354.34M | $356.52M | $352.62M | $354.32M | $367.32M | $379.13M | $381.60M | $387.83M | $388.80M | $400.31M | $392.59M | $304.61M | $310.07M | $279.59M | $274.51M | $250.50M | $269.40M | $317.93M | $321.51M | $293.12M | $307.88M | $325.13M | $349.67M | $303.20M | $290.67M | $288.38M | $303.82M | $274.28M | $240.17M | $218.33M |
| # Analysts | - | - | - | - | - | - | - | - | - | - | - | - | - | 1 | - | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 11 | 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 $321.51M, and a high forecast of $321.51M. 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 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 11 | 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 | $292.84M | $294.64M | $291.42M | $292.82M | $303.56M | $313.32M | $315.36M | $320.51M | $321.31M | $330.82M | $324.44M | $251.73M | $256.25M | $231.06M | $226.86M | $207.02M | $245.16M | $262.74M | $265.70M | $242.24M | $254.44M | $297.00M | $288.97M | $307.53M | $266.69M | $270.00M | $276.20M | $181.74M | $220.36M | $162.42M |
| High Forecast | $292.84M | $294.64M | $291.42M | $292.82M | $303.56M | $313.32M | $315.36M | $320.51M | $321.31M | $330.82M | $324.44M | $251.73M | $256.25M | $231.06M | $226.86M | $207.02M | $267.69M | $262.74M | $265.70M | $242.24M | $254.44M | $356.40M | $288.97M | $369.03M | $293.16M | $324.00M | $331.43M | $218.08M | $242.23M | $194.91M |
| Low Forecast | $292.84M | $294.64M | $291.42M | $292.82M | $303.56M | $313.32M | $315.36M | $320.51M | $321.31M | $330.82M | $324.44M | $251.73M | $256.25M | $231.06M | $226.86M | $207.02M | $222.64M | $262.74M | $265.70M | $242.24M | $254.44M | $237.60M | $288.97M | $246.02M | $240.22M | $216.00M | $220.96M | $145.39M | $198.48M | $129.94M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.05% | 0.87% | 1.05% | 0.90% | 1.28% | 1.00% | 1.02% | 1.44% | 1.21% | 1.45% |
1 analysts predict FNV's average Quarter EBITDA for Jun 23 to be $265.70M, with a high of $265.70M and a low of $265.70M. This is 11.08% upper 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 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 11 | 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 | $185.22M | $184.88M | $183.11M | $188.82M | $186.26M | $184.40M | $182.43M | $185.94M | $188.35M | $186.15M | $182.94M | $178.09M | $175.70M | $163.55M | $152.83M | $137.31M | $154.48M | $173.15M | $171.27M | $155.00M | $159.73M | $182.60M | $189.21M | $191.29M | $165.46M | $166.00M | $171.57M | $162.93M | $133.18M | $105.96M |
| High Forecast | $185.22M | $184.88M | $183.11M | $188.82M | $186.26M | $184.40M | $182.43M | $185.94M | $188.35M | $186.15M | $182.94M | $178.09M | $175.70M | $170.90M | $152.83M | $137.31M | $156.41M | $173.15M | $171.27M | $155.00M | $159.73M | $219.12M | $189.21M | $229.54M | $186.81M | $199.20M | $205.88M | $195.51M | $150.36M | $127.16M |
| Low Forecast | $185.22M | $184.88M | $183.11M | $188.82M | $186.26M | $184.40M | $182.43M | $185.94M | $188.35M | $186.15M | $182.94M | $178.09M | $175.70M | $154.36M | $152.83M | $137.31M | $150.62M | $173.15M | $171.27M | $155.00M | $159.73M | $146.08M | $189.21M | $153.03M | $144.11M | $132.80M | $137.26M | $130.34M | $115.99M | $84.77M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.03% | 0.86% | 1.04% | 0.95% | 1.34% | 1.00% | 1.02% | 1.05% | 1.33% | 1.45% |
Franco-Nevada's average Quarter net income forecast for Jun 23 is $171.27M, with a range of $171.27M to $171.27M. 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 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 11 | 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 | $9.40M | $9.45M | $9.35M | $9.39M | $9.74M | $10.05M | $10.12M | $10.28M | $10.31M | $10.61M | $10.41M | $8.08M | $8.22M | $7.41M | $7.28M | $6.64M | $7.87M | $8.43M | $8.52M | $7.77M | $8.16M | $5.06M | $9.27M | $10.41M | $8.56M | $4.60M | $10.18M | $5.89M | $7.07M | $27.47M |
| High Forecast | $9.40M | $9.45M | $9.35M | $9.39M | $9.74M | $10.05M | $10.12M | $10.28M | $10.31M | $10.61M | $10.41M | $8.08M | $8.22M | $7.41M | $7.28M | $6.64M | $8.59M | $8.43M | $8.52M | $7.77M | $8.16M | $6.07M | $9.27M | $12.49M | $9.41M | $5.52M | $12.21M | $7.07M | $7.77M | $32.97M |
| Low Forecast | $9.40M | $9.45M | $9.35M | $9.39M | $9.74M | $10.05M | $10.12M | $10.28M | $10.31M | $10.61M | $10.41M | $8.08M | $8.22M | $7.41M | $7.28M | $6.64M | $7.14M | $8.43M | $8.52M | $7.77M | $8.16M | $4.05M | $9.27M | $8.32M | $7.71M | $3.68M | $8.14M | $4.71M | $6.37M | $21.98M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.21% | 1.45% | 1.01% | 0.63% | 0.95% | 1.12% | 1.00% | 1.02% | 1.05% | 0.65% | 0.23% |
Franco-Nevada's average Quarter SG&A projection for Jun 23 is $8.52M, based on 1 Wall Street analysts, with a range of $8.52M to $8.52M. The forecast indicates a -9.31% 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 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 11 | 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 | $0.96 | $0.96 | $0.95 | $0.98 | $0.97 | $0.96 | $0.95 | $0.97 | $0.98 | $0.97 | $0.95 | $0.93 | $0.91 | $0.85 | $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 | $0.96 | $0.96 | $0.95 | $0.98 | $0.97 | $0.96 | $0.95 | $0.97 | $0.98 | $0.97 | $0.95 | $0.93 | $0.91 | $0.89 | $0.79 | $0.71 | $0.81 | $0.90 | $0.89 | $0.81 | $0.83 | $0.85 | $0.98 | $1.10 | $0.97 | $0.96 | $1.05 | $0.90 | $0.78 | $0.69 |
| Low Forecast | $0.96 | $0.96 | $0.95 | $0.98 | $0.97 | $0.96 | $0.95 | $0.97 | $0.98 | $0.97 | $0.95 | $0.93 | $0.91 | $0.80 | $0.79 | $0.71 | $0.78 | $0.90 | $0.89 | $0.81 | $0.83 | $0.85 | $0.98 | $0.85 | $0.75 | $0.74 | $0.81 | $0.70 | $0.60 | $0.53 |
| 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 $0.89 and a high estimate of $0.89. 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 |
|---|---|---|---|---|---|
| FNV | Franco-Nevada | $125.13 | $157.31 | 25.72% | Buy |
| FSM | Fortuna Silver Mines | $4.94 | $6.00 | 21.46% | Hold |
| PAAS | Pan American Silver | $21.20 | $25.00 | 17.92% | Buy |
| NEM | Newmont | $53.71 | $62.09 | 15.60% | Buy |
| SAND | Sandstorm Gold | $6.22 | $7.00 | 12.54% | Buy |
| OR | Osisko Gold Royalties | $18.13 | $19.00 | 4.80% | Buy |
| RGLD | Royal Gold | $143.19 | $149.75 | 4.58% | Buy |
| AEM | Agnico Eagle Mines | $83.17 | $76.26 | -8.31% | Buy |
| KGC | Kinross Gold | $9.84 | $8.99 | -8.64% | Buy |
| AGI | Alamos Gold | $20.69 | $18.00 | -13.00% | Buy |
| WPM | Wheaton Precious Metals | $62.56 | $54.28 | -13.24% | Buy |
FNV Forecast FAQ
Is Franco-Nevada a good buy?
Yes, according to 10 Wall Street analysts, Franco-Nevada (FNV) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 50.00% of FNV's total ratings.
What is FNV's price target?
Franco-Nevada (FNV) average price target is $157.31 with a range of $141 to $187, implying a 25.72% from its last price of $125.13. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Franco-Nevada stock go up soon?
According to Wall Street analysts' prediction for FNV stock, the company can go up by 25.72% (from the last price of $125.13 to the average price target of $157.31), up by 49.45% based on the highest stock price target, and up by 12.68% based on the lowest stock price target.
Can Franco-Nevada stock reach $200?
FNV's average twelve months analyst stock price target of $157.31 does not support the claim that Franco-Nevada can reach $200 in the near future.
What are Franco-Nevada's analysts' financial forecasts?
Franco-Nevada's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.52B (high $1.52B, low $1.52B), average EBITDA is $1.25B (high $1.25B, low $1.25B), average net income is $739.03M (high $739.03M, low $739.03M), average SG&A $40.19M (high $40.19M, low $40.19M), and average EPS is $3.84 (high $3.84, low $3.84). FNV's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $1.42B (high $1.42B, low $1.42B), average EBITDA is $1.17B (high $1.17B, low $1.17B), average net income is $742.03M (high $742.03M, low $742.03M), average SG&A $37.59M (high $37.59M, low $37.59M), and average EPS is $3.85 (high $3.85, low $3.85).
Did the FNV's actual financial results beat the analysts' financial forecasts?
Based on Franco-Nevada's last annual report (Dec 2022), the company's revenue was $1.32B, which missed the average analysts forecast of $1.32B by -0.27%. Apple's EBITDA was $1.12B, missing the average prediction of $1.15B by -2.81%. The company's net income was $700.6M, missing the average estimation of $722.83M by -3.08%. Apple's SG&A was $32.6M, missing the average forecast of $32.9M by -0.91%. Lastly, the company's EPS was $3.66, beating the average prediction of $3.64 by 0.58%. In terms of the last quarterly report (Mar 2023), Franco-Nevada's revenue was $276.3M, missing the average analysts' forecast of $293.12M by -5.74%. The company's EBITDA was $239.2M, missing the average prediction of $242.24M by -1.25%. Franco-Nevada's net income was $156.5M, beating the average estimation of $155M by 0.96%. The company's SG&A was $9.4M, beating the average forecast of $7.77M by 20.95%. Lastly, the company's EPS was $0.82, beating the average prediction of $0.805 by 1.84%