Royal Bank of Canada (RY)
NYSE: RY · Real-Time Price · USD
202.85
-0.88 (-0.43%)
At close: Jun 26, 2026, 4:00 PM EDT
202.81
-0.04 (-0.02%)
After-hours: Jun 26, 2026, 7:00 PM EDT

Royal Bank of Canada Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Royal Bank of Canada stock have an average target of 190.61, with a low estimate of 169.02 and a high estimate of 220. The average target predicts a decrease of -6.03% from the current stock price of 202.85.

Analyst Consensus: Buy
Target Low Average Median High
Price $169.02 $190.61 $191.55 $220
Change -16.68% -6.03% -5.57% +8.45%

Analyst Ratings

The average analyst rating for Royal Bank of Canada stock from 15 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy 887766
Buy 555544
Hold 222244
Sell 111111
Strong Sell 000000
Total 161615151515

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Bank of America Securities
Bank of America Securities
Buy
Maintains
$192$215
Buy Maintains $192$215 +5.89% Jun 22, 2026
Scotiabank
Scotiabank
Buy
Maintains
$194$197
Buy Maintains $194$197 -2.79% Jun 16, 2026
Argus Research
Argus Research
Buy
Maintains
$220
Buy Maintains $220 +8.45% Jun 11, 2026
Canaccord Genuity
Canaccord Genuity
Buy
Maintains
n/a
Buy Maintains n/a n/a Jun 5, 2026
Unknown Analyst
Desjardins
No rating
Desjardins
Buy
Maintains
$194$197
Buy Maintains $194$197 -2.79% Jun 3, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
71.56B
from 66.61B
Increased by 7.44%
Revenue Next Year
74.84B
from 71.56B
Increased by 4.58%
EPS This Year
16.08
from 14.43
Increased by 11.46%
EPS Next Year
17.59
from 16.08
Increased by 9.34%
Fiscal Year FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028
Period Ending Oct 31, 2022 Oct 31, 2023 Oct 31, 2024 Oct 31, 2025 Oct 31, 2026 Oct 31, 2027 Oct 31, 2028
Revenue
48.99B56.13B57.34B66.61B71.56B74.84B75.75B
Revenue Growth
-14.58%2.16%16.15%7.44%4.58%1.23%
EPS
11.0610.5011.2514.0715.8817.3818.41
EPS Growth
--5.06%7.14%25.07%12.89%9.39%5.95%
Forward PE
----18.1316.5715.64
No. Analysts ----992
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202620272028
High 72.4B 77.6B
Avg 71.6B 74.8B
Low 70.5B 72.6B

Revenue Growth

Revenue Growth 202620272028
High
8.7%
8.4%
Avg
7.4%
4.6%
Low
5.9%
1.5%

EPS Forecast

EPS 202620272028
High 16.40 18.65
Avg 16.08 17.59
Low 15.84 17.17

EPS Growth

EPS Growth 202620272028
High
13.7%
16.0%
Avg
11.5%
9.3%
Low
9.8%
6.8%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.