OR trades 46.3% below Wall Street's consensus target of $51.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes OR achieves its forward estimates and maintains a stable P/E multiple of 16.7x. This scenario reflects the blended consensus of 9 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 22, 2026, OR Royalties Inc. (OR) has a Wall Street consensus price target of $51.00, based on estimates from 9 covering analysts. With the stock currently trading at $34.86, this represents a potential upside of +46.3%. The company has a market capitalization of $6.53B.
Analyst price targets range from a low of $51.00 to a high of $51.00, representing a 0% spread in expectations. The median target of $51.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 5 analysts rating the stock as a Buy or Strong Buy,4 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, OR trades at a trailing P/E of 31.4x and forward P/E of 16.7x. The forward PEG ratio of 0.27 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow +54.6% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $21.36, with bear and bull scenarios of $13.45 and $28.14 respectively. Model confidence stands at 42/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
WPMWheaton Precious Metals Corp. | $55.7B | $122.57 | $170.00 | +38.7% | Buy | 22.7x | 20 |
RGLDRoyal Gold, Inc. | $14.9B | $214.82 | $330.00 | +53.6% | Buy | 18.8x | 28 |
FNVFranco-Nevada Corporation | $42.3B | $219.26 | $299.00 | +36.4% | Buy | 24.4x | 26 |
EMXEMX Royalty Corporation | $453M | $4.16 | $5.75 | +38.2% | Buy | 45.0x | 1 |
GROYGold Royalty Corp. | $502M | $2.86 | $6.44 | +125.2% | Buy | 49.0x | 6 |
MTAMetalla Royalty & Streaming Ltd. | $694M | $7.43 | $7.50 | +0.9% | Buy | 128.1x | 2 |
NEMNewmont Corporation | $115.0B | $103.79 | $143.33 | +38.1% | Buy | 10.1x | 36 |
AEMAgnico Eagle Mines Limited | $83.5B | $166.66 | $248.17 | +48.9% | Buy | 12.2x | 31 |
KGCKinross Gold Corporation | $31.9B | $26.67 | $45.33 | +70.0% | Buy | 8.8x | 29 |
AGFirst Majestic Silver Corp. | $8.9B | $18.00 | $26.88 | +49.3% | Hold | 20.3x | 11 |
Quick answers to the most common questions about buying OR stock.
The consensus Wall Street price target for OR is $51, representing 46.3% upside from the current price of $34.86. With 9 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
OR has a consensus rating of "Buy" based on 9 Wall Street analysts. The rating breakdown is predominantly bullish, with 5 Buy/Strong Buy ratings. The consensus 12-month price target of $51 implies 46.3% upside from current levels.
With a forward P/E of 16.7475x, OR trades at a relatively low valuation. The consensus target of $51 implies 46.3% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $51 for OR, while the most conservative target is $51. The consensus of $51 represents the median expectation. Our quantitative valuation model projects a bull case target of $28 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
OR is moderately covered, with 9 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 5 have Buy ratings, 4 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month OR stock forecast based on 9 Wall Street analysts shows a consensus price target of $51, with estimates ranging from $51 (bear case) to $51 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $21, with bear/bull scenarios of $13/$28.
Our quantitative valuation model calculates OR's fair value at $21 (base case), with a bear case of $13 and bull case of $28. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 42/100.
OR trades at a forward P/E ratio of 16.7x based on next-twelve-months earnings estimates compared to a trailing P/E of 31.4x. 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.
Wall Street analysts are very optimistic on OR, with a "Buy" consensus rating and $51 price target (46.3% upside). 5 of 9 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.
OR analyst price targets range from $51 to $51, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $51 consensus represents the middle ground. Our model's $13-$28 range provides an independent fundamental perspective.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.