
Raymond James (RJF) Stock Forecast & Price Target
Raymond James (RJF) Analyst Ratings
Bulls say
Raymond James Financial is experiencing strong growth, evidenced by a 4.9% month-over-month increase in sweep cash in September, along with a record advisor recruiting pipeline that contributed to a 21% rise in trailing production over the previous year, translating to over $400 million. The firm's domestic cash sweep balances stood at $42.9 billion, reflecting a 2.9% increase compared to KBW and a 1.8% rise since June 2025, indicating robust customer engagement and strong cash flow management. Furthermore, the financial results revealed that revenue surpassed expectations by 3%, driven by higher investment banking fees, brokerage revenue, and net interest income, leading to an upward revision of the fiscal year 2026 earnings per share estimate to $12.55, which is 7% above the consensus estimate.
Bears say
Raymond James Financial faces significant challenges due to a declining cash balance that aligns with quarterly fee billings of approximately $1.8 billion, indicating potential liquidity concerns. The firm's performance is highly susceptible to a lower or stagnant interest rate environment, deteriorating economic conditions, and declining equity market valuations, all of which could lead to fee compression and reduced asset growth. Additionally, the sensitivity of earnings per share (EPS) estimates to interest rates and macroeconomic trends introduces further uncertainty regarding the company's financial outlook.
This aggregate rating is based on analysts' research of Raymond James and is not a guaranteed prediction by Public.com or investment advice.
Raymond James (RJF) Analyst Forecast & Price Prediction
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