Raymond James Financial, Inc. (RJF) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$153.55
Price Target
$169.00
Target Range
$166.00 — $172.00
Analyst Rating
Hold
Forward P/E12.9x
Trailing P/E14.9x
Forward PEG0.60
Implied Growth+10.4%
Median Target$169.00
Analyst Spread3.6%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$166
+8.1%
Consensus
$169
+10.1%
Bull Case
$172
+12.0%
Valuation Model TargetsConfidence: 70/100
Bear$124
Base$202
Bull$367
RJF Price Target Analysis
Updated May 8, 2026As of May 8, 2026, Raymond James Financial, Inc. (RJF) has a Wall Street consensus price target of $169.00, based on estimates from 24 covering analysts. With the stock currently trading at $153.55, this represents a potential upside of +10.1%. The company has a market capitalization of $30.26B.
Analyst price targets range from a low of $166.00 to a high of $172.00, representing a 4% spread in expectations. The median target of $169.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 10 analysts rating the stock as a Buy or Strong Buy,14 rating it Hold, and 0 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, RJF trades at a trailing P/E of 14.9x and forward P/E of 12.9x. The forward PEG ratio of 0.60 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow +10.4% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $202.05, with bear and bull scenarios of $124.31 and $367.45 respectively. Model confidence stands at 70/100, indicating high predictability in the company's fundamentals.
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 Financial Services stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+17.4%
Avg Forward P/E14.1x
Peers with Coverage9 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 SFStifel Financial Corp. | $11.8B | $76.18 | $93.44 | +22.7% | Buy | 12.1x | 22 |
 LPLLG Display Co., Ltd. | $4.3B | $4.32 | — | — | Hold | 0.0x | 14 |
 LPLALPL Financial Holdings Inc. | $24.8B | $309.62 | $441.00 | +42.4% | Buy | 13.8x | 22 |
 PJTPJT Partners Inc. | $3.7B | $153.19 | $158.67 | +3.6% | Hold | 20.5x | 12 |
 HLIHoulihan Lokey, Inc. | $10.7B | $153.45 | $200.00 | +30.3% | Buy | 19.9x | 15 |
 EVREvercore Inc. | $13.1B | $331.04 | $382.67 | +15.6% | Buy | 17.5x | 21 |
 LAZLazard Ltd | $4.4B | $46.44 | $47.33 | +1.9% | Buy | 14.5x | 29 |
 MSMorgan Stanley | $302.6B | $190.18 | $205.75 | +8.2% | Buy | 16.0x | 52 |
 GSThe Goldman Sachs Group, Inc. | $287.6B | $925.87 | $995.89 | +7.6% | Hold | 15.6x | 55 |
 WFCWells Fargo & Company | $244.8B | $79.16 | $98.13 | +24.0% | Hold | 11.3x | 60 |
Upside Potential Comparison
LPLAHLIWFCSFEVRMSGSPJTFull RJF Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See RJF's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs RJF Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare RJF vs BRK-A
Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..
Start ComparisonRJF — Frequently Asked Questions
Quick answers to the most common questions about buying RJF stock.
What is the RJF stock price target for 2026?
Raymond James Financial, Inc. (RJF) has a consensus 12-month price target of $169, implying 10.1% upside from $153.55. The 24 analysts covering RJF see moderate appreciation potential.
Is RJF a buy, sell, or hold?
RJF has a consensus rating of "Hold" based on 24 Wall Street analysts. The rating breakdown is mixed, with 14 Hold ratings making up the largest segment. The consensus 12-month price target of $169 implies 10.1% upside from current levels.
Is RJF stock overvalued or undervalued?
With a forward P/E of 12.9042x, RJF trades at a relatively low valuation. The consensus target of $169 implies 10.1% appreciation, suggesting meaningful undervaluation.
How high can RJF stock go?
The most bullish Wall Street analyst has a price target of $172 for RJF, while the most conservative target is $166. The consensus of $169 represents the median expectation. Our quantitative valuation model projects a bull case target of $367 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover RJF stock?
RJF is well covered by analysts, with 24 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 9 have Buy ratings, 14 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the RJF stock forecast?
The 12-month RJF stock forecast based on 24 Wall Street analysts shows a consensus price target of $169, with estimates ranging from $166 (bear case) to $172 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $202, with bear/bull scenarios of $124/$367.
What is RJF's fair value based on fundamentals?
Our quantitative valuation model calculates RJF's fair value at $202 (base case), with a bear case of $124 and bull case of $367. 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 70/100.
What is RJF's forward P/E ratio?
RJF trades at a forward P/E ratio of 12.9x based on next-twelve-months earnings estimates compared to a trailing P/E of 14.9x. 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 RJF stock?
Wall Street analysts are optimistic on RJF, with a "Hold" consensus rating and $169 price target (10.1% upside). 10 of 24 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 RJF price targets vary so much?
RJF analyst price targets range from $166 to $172, a 4% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $169 consensus represents the middle ground. Our model's $124-$367 range provides an independent fundamental perspective.