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

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RY Stock Forecast

Royal Bank of Canada (RY) stock forecast, based on 29 Wall Street analysts, predicts a 12-month average price target of $124.85, with a high of $193.00 and a low of $94.00. This represents a -16.24% decline from the last price of $149.05.

$90 $111 $132 $153 $174 $195 High: $193 Avg: $124.85 Low: $94 Last Closed Price: $149.05

RY Stock Rating

Royal Bank of Canada stock's rating consensus is Hold, based on 29 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 12 Buy (41.38%), 16 Hold (55.17%), 1 Sell (3.45%), and 0 Strong Sell (0.00%).

Hold
Total 29 1 16 12 Strong Sell Sell Hold Buy Strong Buy

RY Price Target Upside V Benchmarks

TypeNameUpside
StockRoyal Bank of Canada-16.24%
SectorFinancial Services Stocks 8.51%
IndustryDiversified Banks Stocks3.27%

Price Target Trends

1M3M12M
# Anlaysts--1
Avg Price Target--$193.00
Last Closing Price$149.05$149.05$149.05
Upside/Downside--29.49%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Oct, 25383-115
Sep, 25392-115
Aug, 25492-116
Jul, 25492-116
Jun, 25582-116
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%29.49%
Jun 06, 2024Stephen BiggarArgus Research$120.00$107.1112.03%-19.49%
Jun 06, 2022Argus Research$125.00$105.2818.73%-16.14%
Aug 27, 2021Douglas YoungDesjardins$112.20$102.978.96%-24.72%
May 19, 2021Ebrahim PoonawalaBank of America Securities$105.04$98.816.31%-29.53%
Apr 23, 2021Pauline BellCFRA$94.00$91.143.14%-36.93%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Sep 05, 2025CIBCOutperformNeutraldowngrade
Aug 28, 2025BMO CapitalOutperformOutperformhold
Aug 28, 2025ScotiabankOutperformOutperformhold
Aug 28, 2025Cowen & Co.HoldHoldhold
Aug 15, 2025National BankSector PerformSector Performhold
Aug 14, 2025BarclaysOverweightOverweighthold
Jun 09, 2025BarclaysOverweightOverweighthold
May 20, 2025CIBCOutperformOutperformhold
Mar 05, 2025CIBCNeutralNeutralhold
Dec 05, 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 29 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 12 Buy, 16 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 29 Wall Street analysts, averages $124.85 over the next 12 months. The price target range spans from $94 at the low end to $193 at the high end, suggesting a potential -16.24% change from the previous closing price of $149.05.

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

Royal Bank of Canada's stock forecast shows a -16.24% downside, underperforming the average forecast for the financial services stocks sector (8.51%) and underperforming the diversified banks stocks industry (3.27%).

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

  • October 2025: 20.00% Strong Buy, 53.33% Buy, 20.00% Hold, 0% Sell, 6.67% Strong Sell.
  • September 2025: 20.00% Strong Buy, 60.00% Buy, 13.33% Hold, 0% Sell, 6.67% Strong Sell.
  • August 2025: 25.00% Strong Buy, 56.25% 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.