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Royal Bank of Canada (RY) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

RY Stock Forecast

Royal Bank of Canada (RY) stock forecast, based on 27 Wall Street analysts, predicts a 12-month average price target of $193.00, with a high of $193.00 and a low of $193.00. This represents a 66.93% increase from the last price of $115.62.

$95 $115 $135 $155 $175 $195 High: $193 Avg: $193 Low: $193 Last Closed Price: $115.62

RY Stock Rating

Royal Bank of Canada stock's rating consensus is Hold, based on 27 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 12 Buy (44.44%), 14 Hold (51.85%), 1 Sell (3.70%), and 0 Strong Sell (0.00%).

Hold
Total 27 1 14 12 Strong Sell Sell Hold Buy Strong Buy

RY Price Target Upside V Benchmarks

TypeNameUpside
StockRoyal Bank of Canada66.93%
SectorFinancial Services Stocks 14.04%
IndustryDiversified Banks Stocks19.31%

Price Target Trends

1M3M12M
# Anlaysts--2
Avg Price Target--$156.50
Last Closing Price$115.62$115.62$115.62
Upside/Downside--35.36%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25673--16
Mar, 25673--16
Feb, 25672-116
Jan, 25673-117
Dec, 246631117
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 05, 2024Sohrab MovahediBMO Capital$193.00$128.0250.76%66.93%
Jun 06, 2024Stephen BiggarArgus Research$120.00$107.1112.03%3.79%
Jun 06, 2022Argus Research$125.00$105.2818.73%8.11%
Aug 27, 2021Douglas YoungDesjardins$112.20$102.978.96%-2.96%
May 19, 2021Ebrahim PoonawalaBank of America Securities$105.04$98.816.31%-9.15%
Apr 23, 2021Pauline BellCFRA$94.00$91.143.14%-18.70%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Mar 05, 2025CIBCNeutralNeutralhold
Dec 05, 2024BMO CapitalOutperformOutperformhold
Aug 29, 2024TD SecuritiesBuyBuyhold
Aug 29, 2024ScotiabankOutperformOutperformhold
Aug 29, 2024BMO CapitalOutperformOutperformhold
Aug 20, 2024CIBCNeutralNeutralhold
Aug 20, 2024BarclaysEqual-WeightEqual-Weighthold
Jul 02, 2024UBSBuyinitialise
May 31, 2024CIBCNeutralNeutralhold
May 31, 2024BMO CapitalOutperformOutperformhold

Financial Forecast

EPS Forecast

$7 $8 $9 $10 $11 $12 $13 $14 $15 $16 Oct 20 Oct 21 Oct 22 Oct 23 Oct 24 Oct 25 Oct 26 Oct 27
Oct 20Oct 21Oct 22Oct 23Oct 24Oct 25Oct 26Oct 27
Reported$7.84$11.08$11.08$10.51----
Avg Forecast$7.70$11.26$9.61$11.09$12.04$12.97$14.23$14.69
High Forecast$7.81$11.41$11.54$11.31$12.30$13.21$14.93$15.12
Low Forecast$7.54$11.02$7.68$10.95$11.83$12.60$13.64$14.41
Surprise %1.82%-1.60%15.30%-5.23%----

Revenue Forecast

$40B $46B $52B $58B $64B $70B Oct 20 Oct 21 Oct 22 Oct 23 Oct 24 Oct 25 Oct 26 Oct 27
Oct 20Oct 21Oct 22Oct 23Oct 24Oct 25Oct 26Oct 27
Reported$47.10B$49.54B$48.77B$56.26B----
Avg Forecast$43.67B$46.27B$52.50B$52.26B$57.15B$62.08B$65.38B$66.93B
High Forecast$44.12B$46.75B$63.00B$53.43B$57.25B$62.40B$66.23B$68.41B
Low Forecast$42.97B$45.52B$42.00B$51.49B$57.07B$61.76B$64.55B$65.94B
Surprise %7.86%7.06%-7.09%7.64%----

Net Income Forecast

$10B $14B $18B $22B $26B $30B Oct 20 Oct 21 Oct 22 Oct 23 Oct 24 Oct 25 Oct 26 Oct 27
Oct 20Oct 21Oct 22Oct 23Oct 24Oct 25Oct 26Oct 27
Reported$11.43B$16.04B$15.79B$14.86B----
Avg Forecast$13.58B$18.34B$21.79B$14.62B$17.09B$18.28B$20.23B$20.91B
High Forecast$16.30B$22.01B$26.15B$17.55B$17.42B$18.70B$21.14B$21.41B
Low Forecast$10.87B$14.67B$17.43B$11.70B$16.75B$17.85B$19.31B$20.41B
Surprise %-15.85%-12.56%-27.51%1.61%----

RY Forecast FAQ

Is Royal Bank of Canada stock a buy?

Royal Bank of Canada stock has a consensus rating of Hold, based on 27 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 12 Buy, 14 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Royal Bank of Canada is a neutral investment for most analysts.

What is Royal Bank of Canada's price target?

Royal Bank of Canada's price target, set by 27 Wall Street analysts, averages $193 over the next 12 months. The price target range spans from $193 at the low end to $193 at the high end, suggesting a potential 66.93% change from the previous closing price of $115.62.

How does Royal Bank of Canada stock forecast compare to its benchmarks?

Royal Bank of Canada's stock forecast shows a 66.93% upside, outperforming the average forecast for the financial services stocks sector (14.04%) and outperforming the diversified banks stocks industry (19.31%).

What is the breakdown of analyst ratings for Royal Bank of Canada over the past three months?

  • April 2025: 37.50% Strong Buy, 43.75% Buy, 18.75% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 37.50% Strong Buy, 43.75% Buy, 18.75% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 37.50% Strong Buy, 43.75% Buy, 12.50% Hold, 0% Sell, 6.25% Strong Sell.

What is Royal Bank of Canada’s EPS forecast?

Royal Bank of Canada's average annual EPS forecast for its fiscal year ending in October 2024 is $12.04, marking a 14.56% increase from the reported $10.51 in 2023. Estimates for the following years are $12.97 in 2025, $14.23 in 2026, and $14.69 in 2027.

What is Royal Bank of Canada’s revenue forecast?

Royal Bank of Canada's average annual revenue forecast for its fiscal year ending in October 2024 is $57.15B, reflecting a 1.59% increase from the reported $56.26B in 2023. The forecast for 2025 is $62.08B, followed by $65.38B for 2026, and $66.93B for 2027.

What is Royal Bank of Canada’s net income forecast?

Royal Bank of Canada's net income forecast for the fiscal year ending in October 2024 stands at $17.09B, representing an 14.99% increase from the reported $14.86B in 2023. Projections indicate $18.28B in 2025, $20.23B in 2026, and $20.91B in 2027.