Royal Gold (RGLD) Stock Forecast, Price Target & Predictions

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RGLD Stock Forecast

Royal Gold stock forecast is as follows: an average price target of $169.40 (represents a 26.08% upside from RGLD’s last price of $134.36) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.

RGLD Price Target

The average price target for Royal Gold (RGLD) is $169.40 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $175.00 to $162.00. This represents a potential 26.08% upside from RGLD's last price of $134.36.

RGLD Analyst Ratings

Buy

According to 11 Wall Street analysts, Royal Gold's rating consensus is 'Buy'. The analyst rating breakdown for RGLD stock is 0 'Strong Buy' (0.00%), 6 'Buy' (54.55%), 5 'Hold' (45.45%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Royal Gold Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 07, 2024	Mike Kozak	Cantor Fitzgerald	$162.00	$147.31	9.97%	20.57%
Aug 09, 2024	Brian MacArthur	Raymond James	$170.00	$128.65	32.15%	26.53%
Jul 16, 2024	Shane Nagle	National Bank	$170.00	$140.06	21.38%	26.53%
Jul 10, 2024	Cosmos Chiu	CIBC	$175.00	$132.91	31.67%	30.25%
Jul 10, 2024	Jackie Przybylowski	BMO Capital	$170.00	$131.36	29.42%	26.53%
May 09, 2024	Jackie Przybylowski	BMO Capital	$160.00	$124.04	28.99%	19.08%
Mar 27, 2024	Jackie Przybylowski	BMO Capital	$158.00	$110.06	43.56%	17.59%
Feb 15, 2024	Sameer Keswani	National Bank	$150.00	$109.27	37.27%	11.64%
Oct 11, 2023	Jackie Przybylowski	Loop Capital Markets	$139.00	$106.87	30.06%	3.45%
Dec 12, 2022		Credit Suisse	$120.00	$110.55	8.55%	-10.69%
Jul 19, 2022		Barclays	$114.00	$102.46	11.26%	-15.15%
Aug 13, 2021	Greg Barnes	TD Securities	$140.00	$115.04	21.70%	4.20%

The latest Royal Gold stock forecast, released on Nov 07, 2024 by Mike Kozak from Cantor Fitzgerald, set a price target of $162.00, which represents a 9.97% increase from the stock price at the time of the forecast ($147.31), and a 20.57% increase from RGLD last price ($134.36).

Royal Gold Price Target by Period

	1M	3M	12M
# Anlaysts	-	1	8
Avg Price Target	-	$162.00	$164.38
Last Closing Price	$134.36	$134.36	$134.36
Upside/Downside	-100.00%	20.57%	22.34%

In the current month, the average price target of Royal Gold stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Royal Gold's last price of $134.36. 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 04, 2024	Jefferies	Hold	Hold	Hold
Aug 19, 2024	Scotiabank	Sector Perform	Sector Perform	Hold
Aug 16, 2024	TD Securities	Buy	Buy	Hold
Aug 09, 2024	Raymond James	Outperform	Outperform	Hold
Jul 16, 2024	National Bank	Outperform	Outperform	Hold
Jul 12, 2024	Jefferies	Hold	Hold	Hold
Jul 10, 2024	CIBC	Neutral	Neutral	Hold
Jul 10, 2024	BMO Capital	Outperform	Outperform	Hold
May 23, 2024	Scotiabank	Sector Perform	Sector Perform	Hold
May 09, 2024	BMO Capital	Outperform	Outperform	Hold
Mar 27, 2024	BMO Capital	Perform	Outperform	Upgrade
Feb 15, 2024	National Bank		Outperform	Upgrade
Oct 11, 2023	BMO Capital	Perform	Perform	Hold
Aug 03, 2023	Cantor Fitzgerald		Buy	Upgrade
Dec 12, 2022	Credit Suisse		Neutral	Initialise
Aug 05, 2022	Raymond James	Outperform	Outperform	Hold
Jul 19, 2022	Barclays	Equal-Weight	Equal-Weight	Hold
Jun 13, 2022	Canaccord Genuity		Buy	Upgrade

Royal Gold's last stock rating was published by Jefferies on Oct 04, 2024. The company gave RGLD a "Hold" rating, the same as its previous rate.

Royal Gold Financial Forecast

Royal Gold 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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$138.62M	$144.04M	$170.39M	$162.98M	$131.43M	$146.44M	$162.35M	$168.52M	$174.43M	$168.03M	$142.59M	$158.36M	$146.88M
Avg Forecast	$196.42M	$195.90M	$212.43M	$220.78M	$221.10M	$217.69M	$219.89M	$218.41M	$194.25M	$197.40M	$209.98M	$218.06M	$203.51M	$184.12M	$172.12M	$147.02M	$140.32M	$136.27M	$152.95M	$159.62M	$152.83M	$140.01M	$150.39M	$143.45M	$168.03M	$143.70M	$152.81M	$145.23M	$119.97M	$133.40M
High Forecast	$196.42M	$195.90M	$212.43M	$220.78M	$221.10M	$217.69M	$219.89M	$218.41M	$194.25M	$197.40M	$209.98M	$218.06M	$203.51M	$187.21M	$172.12M	$147.02M	$140.32M	$143.20M	$152.95M	$159.62M	$152.83M	$140.01M	$150.39M	$143.45M	$168.03M	$143.70M	$152.81M	$145.23M	$119.97M	$133.40M
Low Forecast	$196.42M	$195.90M	$212.43M	$220.78M	$221.10M	$217.69M	$219.89M	$218.41M	$194.25M	$197.40M	$209.98M	$218.06M	$203.51M	$181.04M	$172.12M	$147.02M	$140.32M	$132.31M	$152.95M	$159.62M	$152.83M	$140.01M	$150.39M	$143.45M	$168.03M	$143.70M	$152.81M	$145.23M	$119.97M	$133.40M
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	3	1	1	1	1	1	1	2	2	2	10	10	10
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.02%	0.94%	1.07%	1.07%	0.94%	0.97%	1.13%	1.00%	1.21%	1.10%	0.98%	1.32%	1.10%

Royal Gold's average Quarter revenue forecast for Dec 23 based on 1 analysts is $140.32M, with a low forecast of $140.32M, and a high forecast of $140.32M. RGLD's average Quarter revenue forecast represents a 1.23% increase compared to the company's last Quarter revenue of $138.62M (Sep 23).

Royal Gold 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	1	1	1	1	1	1	3	1	1	1	1	1	1	2	2	2	10	10	10
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$108.10M	$112.96M	$134.65M	$129.10M	$103.11M	$113.01M	$129.54M	$132.10M	$138.72M	$136.38M	$114.82M	$125.44M	$152.74M
Avg Forecast	$153.77M	$153.36M	$166.31M	$172.84M	$173.10M	$170.43M	$172.15M	$170.99M	$152.07M	$154.54M	$164.39M	$170.71M	$159.33M	$144.15M	$134.75M	$135.46M	$109.85M	$106.68M	$119.74M	$123.15M	$147.55M	$107.41M	$115.38M	$111.95M	$128.91M	$110.24M	$117.24M	$107.55M	$92.04M	$102.34M
High Forecast	$153.77M	$153.36M	$166.31M	$172.84M	$173.10M	$170.43M	$172.15M	$170.99M	$152.07M	$154.54M	$164.39M	$170.71M	$159.33M	$146.56M	$134.75M	$162.56M	$109.85M	$112.11M	$119.74M	$147.78M	$177.06M	$107.41M	$115.38M	$134.34M	$128.91M	$110.24M	$117.24M	$129.06M	$92.04M	$102.34M
Low Forecast	$153.77M	$153.36M	$166.31M	$172.84M	$173.10M	$170.43M	$172.15M	$170.99M	$152.07M	$154.54M	$164.39M	$170.71M	$159.33M	$141.73M	$134.75M	$108.37M	$109.85M	$103.58M	$119.74M	$98.52M	$118.04M	$107.41M	$115.38M	$89.56M	$128.91M	$110.24M	$117.24M	$86.04M	$92.04M	$102.34M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.01%	0.94%	1.09%	0.88%	0.96%	0.98%	1.16%	1.02%	1.26%	1.16%	1.07%	1.36%	1.49%

1 analysts predict RGLD's average Quarter EBITDA for Dec 23 to be $109.85M, with a high of $109.85M and a low of $109.85M. This is 1.61% upper than Royal Gold's previous annual EBITDA (Sep 23) of $108.10M.

Royal Gold 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	1	1	1	1	1	1	3	1	1	1	1	1	1	2	2	2	10	10	10
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$49.34M	$63.45M	$63.88M	$56.37M	$45.79M	$71.14M	$65.67M	$68.36M	$70.18M	$81.68M	$54.03M	$59.89M	$106.94M
Avg Forecast	$119.74M	$117.65M	$119.20M	$122.87M	$116.94M	$114.56M	$107.29M	$109.15M	$110.98M	$103.63M	$101.97M	$100.79M	$100.39M	$86.95M	$77.87M	$68.51M	$50.01M	$51.18M	$56.41M	$62.28M	$76.14M	$47.41M	$59.17M	$56.62M	$68.36M	$51.83M	$57.61M	$50.61M	$37.13M	$43.72M
High Forecast	$119.74M	$117.65M	$119.20M	$122.87M	$116.94M	$114.56M	$107.29M	$109.15M	$110.98M	$103.63M	$101.97M	$104.25M	$118.18M	$90.12M	$77.89M	$82.21M	$56.02M	$57.83M	$56.41M	$74.73M	$91.36M	$47.41M	$59.17M	$67.94M	$68.36M	$51.83M	$57.61M	$60.73M	$37.13M	$43.72M
Low Forecast	$119.74M	$117.65M	$119.20M	$122.87M	$116.94M	$114.56M	$107.29M	$109.15M	$110.98M	$103.63M	$101.97M	$96.65M	$90.22M	$83.77M	$77.86M	$54.80M	$45.35M	$45.87M	$56.41M	$49.82M	$60.91M	$47.41M	$59.17M	$45.29M	$68.36M	$51.83M	$57.61M	$40.49M	$37.13M	$43.72M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.96%	1.12%	1.03%	0.74%	0.97%	1.20%	1.16%	1.00%	1.35%	1.42%	1.07%	1.61%	2.45%

Royal Gold's average Quarter net income forecast for Dec 23 is $50.01M, with a range of $45.35M to $56.02M. RGLD's average Quarter net income forecast represents a 1.37% increase compared to the company's last Quarter net income of $49.34M (Sep 23).

Royal Gold 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	1	1	1	1	1	1	3	1	1	1	1	1	1	2	2	2	10	10	10
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$9.93M	$9.09M	$11.00M	$8.81M	$7.55M	$9.31M	$8.93M	$8.03M	$7.13M	$7.21M	$6.93M	$6.79M	$7.45M
Avg Forecast	$10.81M	$10.78M	$11.69M	$12.15M	$12.16M	$11.98M	$12.10M	$12.02M	$10.69M	$10.86M	$11.55M	$12.00M	$11.20M	$10.13M	$9.47M	$9.32M	$7.72M	$7.50M	$8.41M	$8.47M	$8.97M	$8.45M	$9.08M	$7.70M	$10.14M	$8.67M	$9.22M	$6.49M	$7.24M	$8.05M
High Forecast	$10.81M	$10.78M	$11.69M	$12.15M	$12.16M	$11.98M	$12.10M	$12.02M	$10.69M	$10.86M	$11.55M	$12.00M	$11.20M	$10.30M	$9.47M	$11.18M	$7.72M	$7.88M	$8.41M	$10.16M	$10.77M	$8.45M	$9.08M	$9.24M	$10.14M	$8.67M	$9.22M	$7.79M	$7.24M	$8.05M
Low Forecast	$10.81M	$10.78M	$11.69M	$12.15M	$12.16M	$11.98M	$12.10M	$12.02M	$10.69M	$10.86M	$11.55M	$12.00M	$11.20M	$9.96M	$9.47M	$7.45M	$7.72M	$7.28M	$8.41M	$6.78M	$7.18M	$8.45M	$9.08M	$6.16M	$10.14M	$8.67M	$9.22M	$5.19M	$7.24M	$8.05M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.32%	1.08%	1.30%	0.98%	0.89%	1.03%	1.16%	0.79%	0.82%	0.78%	1.07%	0.94%	0.93%

Royal Gold's average Quarter SG&A projection for Dec 23 is $7.72M, based on 1 Wall Street analysts, with a range of $7.72M to $7.72M. The forecast indicates a -22.24% fall compared to RGLD last annual SG&A of $9.93M (Sep 23).

Royal Gold 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	1	1	1	1	1	1	3	1	1	1	1	1	1	2	2	2	10	10	10
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$0.75	$0.97	$0.97	$0.86	$0.70	$1.08	$1.00	$1.04	$1.07	$1.25	$0.82	$0.91	$1.63
Avg Forecast	$1.82	$1.79	$1.81	$1.87	$1.78	$1.74	$1.63	$1.66	$1.69	$1.58	$1.55	$1.53	$1.53	$1.32	$1.18	$0.92	$0.76	$0.78	$0.86	$0.99	$0.81	$0.72	$0.90	$0.87	$1.04	$0.79	$0.88	$0.80	$0.56	$0.67
High Forecast	$1.82	$1.79	$1.81	$1.87	$1.78	$1.74	$1.63	$1.66	$1.69	$1.58	$1.55	$1.58	$1.80	$1.37	$1.18	$0.92	$0.85	$0.88	$0.86	$0.99	$0.81	$0.72	$0.90	$0.87	$1.04	$0.79	$0.88	$0.80	$0.56	$0.67
Low Forecast	$1.82	$1.79	$1.81	$1.87	$1.78	$1.74	$1.63	$1.66	$1.69	$1.58	$1.55	$1.47	$1.37	$1.27	$1.18	$0.92	$0.69	$0.70	$0.86	$0.99	$0.81	$0.72	$0.90	$0.87	$1.04	$0.79	$0.88	$0.80	$0.56	$0.67
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.96%	1.13%	0.98%	1.07%	0.97%	1.20%	1.14%	1.00%	1.36%	1.43%	1.03%	1.61%	2.45%

According to 1 Wall Street analysts, Royal Gold's projected average Quarter EPS for Dec 23 is $0.76, with a low estimate of $0.69 and a high estimate of $0.85. This represents a 1.35% increase compared to RGLD previous annual EPS of $0.75 (Sep 23).

Royal Gold Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
DRD	DRDGOLD	$9.23	$13.25	43.55%	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
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
SSRM	SSR Mining	$7.25	$6.49	-10.48%	Hold

RGLD Forecast FAQ

Is Royal Gold a good buy?

Yes, according to 11 Wall Street analysts, Royal Gold (RGLD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 54.55% of RGLD's total ratings.

What is RGLD's price target?

Royal Gold (RGLD) average price target is $169.4 with a range of $162 to $175, implying a 26.08% from its last price of $134.36. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Royal Gold stock go up soon?

According to Wall Street analysts' prediction for RGLD stock, the company can go up by 26.08% (from the last price of $134.36 to the average price target of $169.4), up by 30.25% based on the highest stock price target, and up by 20.57% based on the lowest stock price target.

Can Royal Gold stock reach $200?

RGLD's average twelve months analyst stock price target of $169.4 does not support the claim that Royal Gold can reach $200 in the near future.

What are Royal Gold's analysts' financial forecasts?

Royal Gold's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $877.1M (high $877.1M, low $877.1M), average EBITDA is $686.66M (high $686.66M, low $686.66M), average net income is $447.95M (high $447.95M, low $447.95M), average SG&A $48.25M (high $48.25M, low $48.25M), and average EPS is $6.81 (high $6.81, low $6.81). RGLD's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $825.52M (high $825.52M, low $825.52M), average EBITDA is $646.28M (high $646.28M, low $646.28M), average net income is $479.46M (high $479.46M, low $479.46M), average SG&A $45.42M (high $45.42M, low $45.42M), and average EPS is $7.29 (high $7.29, low $7.29).

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

Based on Royal Gold's last annual report (Dec 2022), the company's revenue was $603.21M, beating the average analysts forecast of $586.68M by 2.82%. Apple's EBITDA was $474.76M, missing the average prediction of $482.29M by -1.56%. The company's net income was $238.98M, missing the average estimation of $239.33M by -0.15%. Apple's SG&A was $34.61M, beating the average forecast of $34.2M by 1.21%. Lastly, the company's EPS was $3.64, beating the average prediction of $3.3 by 10.28%. In terms of the last quarterly report (Sep 2023), Royal Gold's revenue was $138.62M, beating the average analysts' forecast of $136.27M by 1.72%. The company's EBITDA was $108.1M, beating the average prediction of $106.68M by 1.33%. Royal Gold's net income was $49.34M, missing the average estimation of $51.18M by -3.61%. The company's SG&A was $9.93M, beating the average forecast of $7.5M by 32.41%. Lastly, the company's EPS was $0.75, missing the average prediction of $0.778 by -3.59%