Franco-Nevada Corporation (FNV) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$234.50
Price Target
$275.20
Target Range
$228.00 — $310.00
Analyst Rating
Hold
Forward P/E27.1x
Trailing P/E40.0x
Forward PEG1.02
Implied Growth+49.3%
Median Target$283.00
Analyst Spread29.8%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$228
-2.8%
Consensus
$275
+17.4%
Bull Case
$310
+32.2%
FNV Price Target Analysis
Updated May 6, 2026As of May 6, 2026, Franco-Nevada Corporation (FNV) has a Wall Street consensus price target of $275.20, based on estimates from 25 covering analysts. With the stock currently trading at $234.50, this represents a potential upside of +17.4%. The company has a market capitalization of $45.21B.
Analyst price targets range from a low of $228.00 to a high of $310.00, representing a 30% spread in expectations. The median target of $283.00 aligns closely with the consensus average.
The current analyst consensus rating is Hold, with 11 analysts rating the stock as a Buy or Strong Buy,12 rating it Hold, and 2 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, FNV trades at a trailing P/E of 40.0x and forward P/E of 27.1x. The forward PEG ratio of 1.02 indicates reasonable valuation for growth. Analysts expect EPS to grow +49.3% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Basic Materials stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+30.8%
Avg Forward P/E17.4x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 WPMWheaton Precious Metals Corp. | $61.1B | $134.57 | $152.50 | +13.3% | Buy | 24.8x | 20 |
 RGLDRoyal Gold, Inc. | $16.4B | $236.88 | $304.80 | +28.7% | Buy | 19.9x | 28 |
 OROR Royalties Inc. | $7.3B | $38.74 | $44.50 | +14.9% | Buy | 18.9x | 9 |
 EMXEMX Royalty Corporation | $453M | $4.16 | $5.75 | +38.2% | Buy | 45.0x | 1 |
 NEMNewmont Corporation | $127.5B | $115.10 | $137.50 | +19.5% | Buy | 11.0x | 36 |
 AEMAgnico Eagle Mines Limited | $95.1B | $189.81 | $237.71 | +25.2% | Buy | 13.6x | 31 |
 KGCKinross Gold Corporation | $36.9B | $30.78 | $42.25 | +37.3% | Buy | 9.8x | 28 |
 AGIAlamos Gold Inc. | $17.6B | $42.00 | $54.50 | +29.8% | Buy | 14.9x | 13 |
 EGOEldorado Gold Corporation | $6.3B | $31.66 | $52.67 | +66.4% | Hold | 7.4x | 24 |
 AUAngloGold Ashanti Plc | $49.8B | $98.60 | $133.00 | +34.9% | Buy | 9.1x | 14 |
Upside Potential Comparison
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Start ComparisonFNV — Frequently Asked Questions
Quick answers to the most common questions about buying FNV stock.
What is the FNV stock price target for 2026?
Franco-Nevada Corporation (FNV) has a consensus 12-month price target of $275.2, implying 17.4% upside from $234.5. The 25 analysts covering FNV see moderate appreciation potential.
Is FNV a buy, sell, or hold?
FNV has a consensus rating of "Hold" based on 25 Wall Street analysts. The rating breakdown is mixed, with 12 Hold ratings making up the largest segment. The consensus 12-month price target of $275.2 implies 17.4% upside from current levels.
Is FNV stock overvalued or undervalued?
FNV trades at a forward P/E of 27.1007x, representing a moderate valuation. With analysts targeting $275.2 (17.4% implied move), the stock appears reasonably valued with upside.
How high can FNV stock go?
The most bullish Wall Street analyst has a price target of $310 for FNV, while the most conservative target is $228. The consensus of $275.2 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover FNV stock?
FNV is heavily covered by Wall Street, with 25 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 11 have Buy ratings, 12 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the FNV stock forecast?
The 12-month FNV stock forecast based on 25 Wall Street analysts shows a consensus price target of $275.2, with estimates ranging from $228 (bear case) to $310 (bull case). The median consensus rating is "Hold".
What is FNV's forward P/E ratio?
FNV trades at a forward P/E ratio of 27.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 40.0x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy FNV stock?
Wall Street analysts are optimistic on FNV, with a "Hold" consensus rating and $275.2 price target (17.4% upside). 11 of 25 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do FNV price targets vary so much?
FNV analyst price targets range from $228 to $310, a 30% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $275.2 consensus represents the middle ground.