
Raymond James (RJF) Stock Forecast & Price Target
Raymond James (RJF) Analyst Ratings
Bulls say
Raymond James Financial is experiencing positive momentum, demonstrated by a 4.9% month-over-month increase in sweep cash for September and a record advisor recruiting pipeline that has driven a 2% growth in financial advisor headcount, leading to a significant increase in trailing production. Additionally, the firm reported stronger-than-expected revenue across various segments, including a notable 22% rise in Investment Banking fees and a 5.5% increase in Brokerage revenue, contributing to overall firm-wide revenue that exceeded model expectations by 3%. The estimated increase in FY2026 earnings per share has been raised to $12.55, representing a 7% premium over consensus estimates, indicating a robust financial outlook for the firm.
Bears say
Raymond James Financial faces a negative outlook primarily due to declining cash balances in line with quarterly fee billings and exposure to a lower or stagnant interest rate environment, which could hinder revenue growth. Furthermore, the firm is vulnerable to deteriorating economic and credit conditions, as well as potential fee compression and a slowdown in net new asset growth, which could negatively impact earnings and price targets. The sensitivity of the company's earnings per share estimates to broader macroeconomic factors presents additional risks, further complicating its financial outlook.
This aggregate rating is based on analysts' research of Raymond James and is not a guaranteed prediction by Public.com or investment advice.
Raymond James (RJF) Analyst Forecast & Price Prediction
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