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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 -24.96% decline from the last price of $166.37.

$90 $111 $132 $153 $174 $195 High: $193 Avg: $124.85 Low: $94 Last Closed Price: $166.37

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-24.96%
SectorFinancial Services Stocks 3.55%
IndustryDiversified Banks Stocks-8.52%

Price Target Trends

1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$166.37$166.37$166.37
Upside/Downside---
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Dec, 25573-116
Nov, 25383-115
Oct, 25383-115
Sep, 25392-115
Aug, 25492-116
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%16.01%
Jun 06, 2024Stephen BiggarArgus Research$120.00$107.1112.03%-27.87%
Jun 06, 2022Argus Research$125.00$105.2818.73%-24.87%
Aug 27, 2021Douglas YoungDesjardins$112.20$102.978.96%-32.56%
May 19, 2021Ebrahim PoonawalaBank of America Securities$105.04$98.816.31%-36.86%
Apr 23, 2021Pauline BellCFRA$94.00$91.143.14%-43.50%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Dec 04, 2025National BankOutperformOutperformhold
Dec 04, 2025ScotiabankOutperformOutperformhold
Dec 04, 2025TD SecuritiesBuyBuyupgrade
Dec 04, 2025Cowen & Co.HoldBuyupgrade
Nov 25, 2025UBSBuyBuyhold
Nov 25, 2025JefferiesBuyHolddowngrade
Nov 24, 2025Raymond JamesOutperforminitialise
Nov 24, 2025BarclaysOverweightOverweighthold
Sep 05, 2025CIBCOutperformNeutraldowngrade
Aug 28, 2025BMO CapitalOutperformOutperformhold

Financial Forecast

EPS Forecast

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

Revenue Forecast

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

Net Income Forecast

$10B $14B $18B $22B $26B $30B Oct 21 Oct 22 Oct 23 Oct 24 Oct 25 Oct 26 Oct 27
Oct 21Oct 22Oct 23Oct 24Oct 25Oct 26Oct 27
Reported$16.04B$15.79B$14.86B----
Avg Forecast$18.34B$21.79B$14.62B$17.09B$18.28B$20.23B$20.91B
High Forecast$22.01B$26.15B$17.55B$17.42B$18.70B$21.14B$21.41B
Low Forecast$14.67B$17.43B$11.70B$16.75B$17.85B$19.31B$20.41B
Surprise %-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 -24.96% change from the previous closing price of $166.37.

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

Royal Bank of Canada's stock forecast shows a -24.96% downside, underperforming the average forecast for the financial services stocks sector (3.55%) and underperforming the diversified banks stocks industry (-8.52%).

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

  • December 2025: 31.25% Strong Buy, 43.75% Buy, 18.75% Hold, 0% Sell, 6.25% Strong Sell.
  • November 2025: 20.00% Strong Buy, 53.33% Buy, 20.00% Hold, 0% Sell, 6.67% Strong Sell.
  • October 2025: 20.00% Strong Buy, 53.33% Buy, 20.00% Hold, 0% Sell, 6.67% 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.