T. Rowe Price Group (TROW) Stock Forecast, Price Target & Predictions


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TROW Stock Forecast


T. Rowe Price Group stock forecast is as follows: an average price target of $139.00 (represents a 32.94% upside from TROW’s last price of $104.56) and a rating consensus of 'Hold', based on 10 wall street analysts offering a 1-year stock forecast.

TROW Price Target


The average price target for T. Rowe Price Group (TROW) is $139.00 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $215.00 to $113.00. This represents a potential 32.94% upside from TROW's last price of $104.56.

TROW Analyst Ratings


Hold

According to 10 Wall Street analysts, T. Rowe Price Group's rating consensus is 'Hold'. The analyst rating breakdown for TROW stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 7 'Hold' (70.00%), 3 'Sell' (30.00%), and 0 'Strong Sell' (0.00%).

T. Rowe Price Group Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 26, 2024Chris AllenCitigroup$125.00$115.498.23%19.55%
Jun 12, 2024Alexander BlosteinGoldman Sachs$113.00$118.39-4.55%8.07%
Jun 12, 2024Glenn SchorrEvercore ISI$116.00$114.491.32%10.94%
Apr 30, 2024Glenn SchorrEvercore ISI$107.00$112.08-4.53%2.33%
Apr 05, 2024Brian BedellDeutsche Bank$113.00$116.26-2.80%8.07%
Mar 12, 2024Glenn SchorrEvercore ISI$108.00$117.85-8.36%3.29%
Aug 09, 2022James FotheringhamBMO Capital$115.00$127.77-9.99%9.98%
Jun 13, 2022James FotheringhamBMO Capital$135.00$114.8517.54%29.11%
May 02, 2022-Morgan Stanley$155.00$125.2823.72%48.24%
May 02, 2022-BMO Capital$160.00$122.9830.10%53.02%
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The latest T. Rowe Price Group stock forecast, released on Jul 26, 2024 by Chris Allen from Citigroup, set a price target of $125.00, which represents a 8.23% increase from the stock price at the time of the forecast ($115.49), and a 19.55% increase from TROW last price ($104.56).

T. Rowe Price Group Price Target by Period


1M3M12M
# Anlaysts-16
Avg Price Target-$125.00$113.67
Last Closing Price$104.56$104.56$104.56
Upside/Downside-100.00%19.55%8.71%

In the current month, the average price target of T. Rowe Price Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to T. Rowe Price Group's last price of $104.56. 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


DateCompanyPrevious RatingNew RatingRating Change
Sep 11, 2024Wells FargoOverweightEqual-WeightInitialise
Aug 27, 2024Barclays-UnderweightInitialise
Jul 29, 2024Cowen & Co.HoldHoldHold
Jul 26, 2024UBSSellSellHold
Jul 26, 2024CitigroupNeutralNeutralHold
Jul 26, 2024Keefe, Bruyette & WoodsMarket PerformMarket PerformHold
Jul 26, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Jul 08, 2024Cowen & Co.HoldHoldHold
Jun 12, 2024Goldman SachsSellSellHold
Jun 12, 2024Keefe, Bruyette & WoodsMarket PerformMarket PerformHold
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T. Rowe Price Group's last stock rating was published by Wells Fargo on Sep 11, 2024. The company Initialise its TROW rating from "Overweight" to "Equal-Weight".

T. Rowe Price Group Financial Forecast


T. Rowe Price Group 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------------$1.64B$9.30T$1.61B$1.54B$1.52B$1.59B-$1.86B$1.96B$1.95B$1.93B$1.83B$1.73B$1.60B$1.42B$1.46B$1.47B$1.43B
Avg Forecast$2.01B$1.99B$1.95B$1.90B$1.92B$1.90B$1.87B$1.84B$1.84B$1.83B$1.79B$1.71B$1.62B$1.65B$1.60B$1.53B$1.54B$1.53B$1.66B$1.87B$1.92B$1.96B$1.89B$1.80B$1.69B$1.59B$1.42B$1.42B$1.46B$1.43B
High Forecast$2.05B$2.03B$1.99B$1.94B$1.96B$1.94B$1.91B$1.87B$1.88B$1.85B$1.82B$1.75B$1.66B$1.68B$1.63B$1.55B$1.57B$1.56B$1.66B$1.93B$1.98B$2.02B$1.95B$1.85B$1.74B$1.63B$1.46B$1.46B$1.50B$1.47B
Low Forecast$1.97B$1.95B$1.91B$1.86B$1.88B$1.86B$1.83B$1.80B$1.80B$1.79B$1.75B$1.68B$1.57B$1.60B$1.56B$1.49B$1.50B$1.50B$1.66B$1.82B$1.86B$1.90B$1.83B$1.75B$1.64B$1.54B$1.37B$1.37B$1.41B$1.38B
# Analysts444433334544531111--2223333323
Surprise %------------1.01%5647.99%1.01%1.01%0.99%1.04%-1.00%1.02%1.00%1.02%1.02%1.02%1.01%1.00%1.03%1.01%1.00%

T. Rowe Price Group's average Quarter revenue forecast for Mar 24 based on 4 analysts is $1.71B, with a low forecast of $1.68B, and a high forecast of $1.75B. TROW's average Quarter revenue forecast represents a 4.39% increase compared to the company's last Quarter revenue of $1.64B (Dec 23).

T. Rowe Price Group 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
# Analysts444433334544531111--2223333323
EBITDA------------$387.20M$581.30M$533.50M$384.90M$445.50M$714.60M-$1.12B$973.30M$1.06B$1.13B$1.03B$1.05B$914.80M$891.50M$429.50M$760.80M$748.60M
Avg Forecast$768.60M$760.74M$744.89M$727.19M$735.12M$726.13M$714.97M$702.18M$705.14M$699.93M$683.74M$997.16M$620.78M$629.67M$610.43M$906.51M$587.52M$1.17B$635.82M$824.10M$963.21M$1.07B$1.09B$1.00B$946.40M$888.98M$772.34M$410.30M$729.59M$691.89M
High Forecast$783.63M$775.62M$759.46M$741.41M$749.50M$740.33M$728.95M$715.91M$718.93M$707.62M$697.12M$1.20B$636.10M$642.31M$622.37M$1.09B$599.01M$1.41B$635.82M$988.92M$1.16B$1.28B$1.31B$1.21B$1.14B$1.07B$926.81M$492.37M$875.51M$830.27M
Low Forecast$752.07M$744.38M$728.87M$711.55M$719.31M$710.51M$699.59M$687.08M$689.98M$684.54M$669.04M$797.73M$601.62M$611.59M$597.30M$725.21M$574.89M$937.91M$635.82M$659.28M$770.57M$852.64M$872.27M$803.52M$757.12M$711.18M$617.87M$328.24M$583.67M$553.51M
Surprise %------------0.62%0.92%0.87%0.42%0.76%0.61%-1.36%1.01%0.99%1.03%1.02%1.10%1.03%1.15%1.05%1.04%1.08%

4 analysts predict TROW's average Quarter EBITDA for Mar 24 to be $997.16M, with a high of $1.20B and a low of $797.73M. This is 157.53% upper than T. Rowe Price Group's previous annual EBITDA (Dec 23) of $387.20M.

T. Rowe Price Group 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
# Analysts444433334544531111--2223333323
Net Income------------$394.70M$499.50M$476.40M$421.50M$266.00M$384.40M-$567.90M$733.60M$777.20M$815.70M$749.40M$783.40M$643.20M$603.00M$343.10M$545.30M$545.90M
Avg Forecast$548.95M$568.26M$553.37M$546.21M$508.55M$522.38M$509.80M$502.97M$479.28M$508.74M$506.53M$719.64M$362.11M$405.64M$386.72M$654.22M$384.31M$862.69M$479.40M$594.75M$733.52M$784.27M$790.29M$731.56M$709.21M$625.05M$522.40M$327.77M$522.93M$504.54M
High Forecast$562.91M$582.71M$567.43M$560.10M$521.48M$535.66M$522.76M$515.76M$491.46M$541.77M$519.41M$863.57M$391.53M$437.55M$396.55M$785.06M$394.08M$1.04B$479.40M$713.70M$880.23M$941.12M$948.35M$877.87M$851.06M$750.05M$626.88M$393.32M$627.51M$605.45M
Low Forecast$533.61M$552.37M$537.90M$530.94M$494.33M$507.77M$495.55M$488.91M$465.88M$475.70M$492.37M$575.71M$332.69M$371.46M$375.91M$523.38M$373.57M$690.15M$479.40M$475.80M$586.82M$627.41M$632.23M$585.25M$567.37M$500.04M$417.92M$262.21M$418.34M$403.64M
Surprise %------------1.09%1.23%1.23%0.64%0.69%0.45%-0.95%1.00%0.99%1.03%1.02%1.10%1.03%1.15%1.05%1.04%1.08%

T. Rowe Price Group's average Quarter net income forecast for Mar 24 is $719.64M, with a range of $575.71M to $863.57M. TROW's average Quarter net income forecast represents a 82.33% increase compared to the company's last Quarter net income of $394.70M (Dec 23).

T. Rowe Price Group 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
# Analysts444433334544531111--2223333323
SG&A------------$313.10M$247.50M$263.60M$283.40M$279.00M$280.00M-$237.70M$286.80M$227.00M$231.40M$223.50M$221.80M$204.30M$211.10M$207.40M$255.40M$198.80M
Avg Forecast$299.94M$296.88M$290.69M$283.78M$286.88M$283.37M$279.01M$274.02M$275.18M$273.14M$266.83M$301.21M$242.26M$245.73M$238.22M$273.83M$229.28M$251.97M$248.13M$248.94M$284.06M$229.06M$224.19M$218.18M$200.80M$198.53M$182.88M$198.13M$244.92M$183.74M
High Forecast$305.81M$302.68M$296.37M$289.33M$292.49M$288.91M$284.47M$279.38M$280.56M$276.15M$272.05M$361.46M$248.24M$250.66M$242.88M$328.60M$233.76M$302.36M$248.13M$298.72M$340.87M$274.88M$269.03M$261.81M$240.96M$238.24M$219.46M$237.76M$293.91M$220.49M
Low Forecast$293.49M$290.49M$284.44M$277.68M$280.71M$277.28M$273.01M$268.13M$269.26M$267.14M$261.09M$240.97M$234.78M$238.67M$233.10M$219.06M$224.35M$201.58M$248.13M$199.15M$227.25M$183.25M$179.35M$174.54M$160.64M$158.83M$146.31M$158.50M$195.94M$146.99M
Surprise %------------1.29%1.01%1.11%1.03%1.22%1.11%-0.95%1.01%0.99%1.03%1.02%1.10%1.03%1.15%1.05%1.04%1.08%

T. Rowe Price Group's average Quarter SG&A projection for Mar 24 is $301.21M, based on 4 Wall Street analysts, with a range of $240.97M to $361.46M. The forecast indicates a -3.80% fall compared to TROW last annual SG&A of $313.10M (Dec 23).

T. Rowe Price Group 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
# Analysts444433334544531111--2223333323
EPS------------$1.76$2.22$2.07$1.97$1.16$1.67-$2.43$3.26$3.34$3.50$3.20$3.36$2.75$2.58$1.43$2.27$2.26
Avg Forecast$2.46$2.54$2.48$2.44$2.28$2.34$2.28$2.25$2.14$2.28$2.27$2.04$1.62$1.81$1.73$1.65$1.72$1.78$2.14$2.79$3.12$3.31$3.20$2.97$2.76$2.57$2.16$1.66$2.03$1.99
High Forecast$2.52$2.61$2.54$2.51$2.33$2.40$2.34$2.31$2.20$2.42$2.32$2.10$1.75$1.96$1.77$1.69$1.76$1.82$2.14$2.90$3.24$3.43$3.32$3.09$2.87$2.67$2.24$1.73$2.11$2.07
Low Forecast$2.39$2.47$2.41$2.38$2.21$2.27$2.22$2.19$2.08$2.13$2.20$1.99$1.49$1.66$1.68$1.61$1.67$1.73$2.14$2.69$3.00$3.18$3.08$2.86$2.65$2.47$2.08$1.60$1.95$1.92
Surprise %------------1.09%1.22%1.20%1.19%0.67%0.94%-0.87%1.05%1.01%1.09%1.08%1.22%1.07%1.19%0.86%1.12%1.13%

According to 4 Wall Street analysts, T. Rowe Price Group's projected average Quarter EPS for Mar 24 is $2.04, with a low estimate of $1.99 and a high estimate of $2.10. This represents a 16.09% increase compared to TROW previous annual EPS of $1.76 (Dec 23).

T. Rowe Price Group Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
IVZInvesco$16.01$21.6735.35%Hold
TROWT. Rowe Price Group$104.56$139.0032.94%Hold
CGCarlyle Group$40.05$48.5021.10%Hold
ARCCAres Capital$20.37$21.606.04%Buy
STTState Street$83.28$88.235.94%Hold
FSKFS KKR Capital$20.07$21.004.63%Hold
MAINMain Street Capital$49.95$52.004.10%Buy
PFLTPennantPark Floating Rate Capital$11.61$12.003.36%Hold
HTGCHercules Capital$19.38$19.751.91%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
APOApollo Global Management$114.39$106.92-6.53%Buy
BKBank of New York Mellon$68.70$62.60-8.88%Buy
BXBlackstone$151.19$130.50-13.68%Buy
PSECProspect Capital$5.41$4.50-16.82%Sell
KKRKKR$122.80$98.18-20.05%Buy

TROW Forecast FAQ


No, according to 10 Wall Street analysts, T. Rowe Price Group (TROW) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of TROW's total ratings.

T. Rowe Price Group (TROW) average price target is $139 with a range of $113 to $215, implying a 32.94% from its last price of $104.56. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for TROW stock, the company can go up by 32.94% (from the last price of $104.56 to the average price target of $139), up by 105.62% based on the highest stock price target, and up by 8.07% based on the lowest stock price target.

TROW's highest twelve months analyst stock price target of $215 supports the claim that T. Rowe Price Group can reach $200 in the near future.

T. Rowe Price Group's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $7.53B (high $7.68B, low $7.37B), average EBITDA is $2.88B (high $2.93B, low $2.82B), average net income is $2.04B (high $2.1B, low $1.99B), average SG&A $1.12B (high $1.15B, low $1.1B), and average EPS is $9.14 (high $9.38, low $8.89). TROW's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $7.85B (high $8B, low $7.68B), average EBITDA is $3B (high $3.06B, low $2.94B), average net income is $2.22B (high $2.27B, low $2.15B), average SG&A $1.17B (high $1.19B, low $1.15B), and average EPS is $9.92 (high $10.17, low $9.64).

Based on T. Rowe Price Group's last annual report (Dec 2023), the company's revenue was $6.46B, beating the average analysts forecast of $6.39B by 1.07%. Apple's EBITDA was $1.99B, missing the average prediction of $2.77B by -28.23%. The company's net income was $1.74B, missing the average estimation of $1.81B by -3.56%. Apple's SG&A was $1.09B, beating the average forecast of $1B by 8.64%. Lastly, the company's EPS was $7.76, beating the average prediction of $6.82 by 13.83%. In terms of the last quarterly report (Dec 2023), T. Rowe Price Group's revenue was $1.64B, beating the average analysts' forecast of $1.62B by 1.13%. The company's EBITDA was $387.2M, missing the average prediction of $620.78M by -37.63%. T. Rowe Price Group's net income was $394.7M, beating the average estimation of $362.11M by 9.00%. The company's SG&A was $313.1M, beating the average forecast of $242.26M by 29.24%. Lastly, the company's EPS was $1.76, beating the average prediction of $1.62 by 8.63%