What is RJF stock price target for 2026?

WallStSmart's 12-month price target for Raymond James Financial Inc. is $145.29, representing 6.6% downside from the current price of $155.58.

What is RJF stock forecast?

Raymond James Financial Inc. forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

RJF

Raymond James Financial Inc.

NYSE: RJF · FINANCIAL SERVICES · ASSET MANAGEMENT

$155.58

-0.07% today

Updated 2026-04-29

Market cap

$30.30B

P/E ratio

14.72

P/S ratio

2.06x

EPS (TTM)

$10.58

Dividend yield

1.35%

52W range

$135 – $176

Volume

1.4M

Market cap

$30.30B

P/E ratio

14.72

P/S ratio

2.06x

EPS (TTM)

$10.58

Dividend yield

1.35%

52W range

$135 – $176

Volume

1.4M

Raymond James Financial Inc. (RJF) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$155.58

Consensus

$180.36

+15.93%

2030 Target

$1,322.46

+750.02%

DCF

—

Current price

$155.58

Analyst consensus

$180.36

+15.93%

2030 Target

$1,322.46

+750.02%

Intrinsic (DCF)

—

11 analysts:

2 Buy9 Hold0 Sell

Management guidance

No specific CEO revenue targets found in available data. Management is executing on advisor recruitment (e.g., $1.5B assets from Commonwealth team, $730M Wisconsin team) and AI integration (Hazel AI tool launch), but has not issued explicit revenue guidance for 2026-2030 periods.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$2,189.88

$21.6B Rev × 20x P/S

Base case (2030)

$1,322.46

$21.6B Rev × 12x P/S

Bear case (2030)

$881.64

$21.6B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$11.5B	$14.7B	$15.9B	$16.1B	$17.4B	$18.8B	$20.2B	$21.6B
Revenue growth	—	28.5%	7.9%	14.8%	8.2%	7.7%	7.6%	7.3%
EPS	$8.30	$10.05	$2.86	$12.22	$13.81	$14.95	$16.25	$17.60
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$981.18	$1,052.28	$1,137.60	$1,222.92	$1,322.46

Catalysts & risks

Growth catalysts

+ Continued advisor team recruitment and AUM growth (recent $1.5B-$730M team additions)

+ AI-driven operational efficiency gains and digital transformation (Hazel AI platform)

+ Clark Capital Management acquisition integration and cross-selling opportunities

+ Market recovery post-AI-phobia correction (current valuation appears oversold)

+ Operating leverage expansion as revenue grows faster than cost base

Key risks

- AI disruption of wealth management advisory model (Altruist platform triggered recent selloff)

- Market volatility impact on trading volumes, investment banking, and AUM levels

- Regulatory headwinds in financial services sector

- Competition from larger incumbent firms (MS, GS, JPM) and fintech disruptors

- Margin compression if advisor compensation costs rise faster than revenue

Methodology

Raymond James Financial Inc.'s forward estimates are derived from AI-powered research synthesis combining analyst consensus from 11 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.