T. Rowe Price Group, Inc. — Wall Street Analyst Estimates & Price Targets

TROW

NASDAQFinancial ServicesAsset ManagementCIK 0001113169troweprice.comAbout TROW

Last close · Oct 16, 2026100.97−0.40 (−0.39%)

Market cap$21.5B

5 firms' latest targets, last 90 days: median $109.00 ($107.00–$120.00), 8% above the last close.

Price and published targets

daily close, 12 months · each dot a target, a firm's latest darker

Each firm's latest target

last 90 days · 5 firms

Date	Firm	Target	Previous	Change	Vs price then	Vs price now
2026-10-09	Evercore ISI	$109.00	$118.00	▼ 8%	+4%	+8%
2026-10-07	UBS	$107.00	$110.00	▼ 3%	+4%	+6%
2026-09-25	Morgan Stanley	$110.00	$116.00	▼ 5%	+5%	+9%
2026-08-03	Deutsche Bank	$109.00	—	—	-3%	+8%
2026-08-03	BMO Capital	$120.00	$98.00	▲ 22%	+7%	+19%

Consensus estimates

revenue and EPS by fiscal year · reported years marked

FY	Revenue	YoY	EPS	YoY	Revenue range	EPS range	Analysts
2022reported	$6.5B	-15%	$6.70	-49%	est. $6.5B-1%	est. $7.99	1
2023reported	$6.5B	+0%	$7.76	+16%	est. $6.5B+0%	est. $7.50	5
2024reported	$7.1B	+10%	$9.15	+18%	est. $7.2B-1%	est. $9.36	6
2025reported	$7.3B	+3%	$9.24	+1%	est. $7.4B-1%	est. $9.74	5
2026	$7.7B	+6%	$10.15	+4%	$7.6B–$7.8B	$9.86–$10.49	6
2027	$7.9B	+2%	$10.06	-1%	$7.7B–$8.0B	$9.19–$10.51	6
2028	$8.0B	+1%	$10.03	+0%	$7.5B–$8.6B	$9.18–$10.87	6
2029	$8.2B	+3%	$10.52	+5%	$7.9B–$8.4B	$10.12–$10.92	4

A reported year shows the company's figures, with the consensus beside it (revenue against it in %). Reported EPS is GAAP diluted; the analysts' EPS usually leaves items such as stock compensation out, so the two are not like for like. Faded: a year the valuation models do not read — they read the first 3, and a later one only while 10 or more analysts cover every year up to it — or one under 5 analysts.

The analysts at a glance

$109.00median target, 8% above the last close

Firms with a target · last 90 days: 5
Lowest – highest target: $107.00 – $120.00
Current grades of 8 firms: positive / neutral / negative: 0 / 5 / 3
Upgrades / downgrades · 12 months: 0 / 0
Consensus revenue growth · next 3 FY: +3% a year

Current grades

each firm's latest · 8 firms

As of	Firm	Grade
2026-10-14	Barclays	“Underweight”
2026-10-13	J.P. Morgan	“Underweight”
2026-10-13	BMO Capital	“Market Perform”
2026-10-12	TD Cowen	“Hold”
2026-10-09	Evercore ISI	“In Line”
2026-09-25	Morgan Stanley	“Equal Weight”
2026-08-03	Keefe, Bruyette & Woods	“Market Perform”
2026-04-07	Goldman Sachs	“Sell”

Grade changes

last 24 months · 0

Date	Firm	Grade
None in the last 24 months.

60 older than 24 months

2024-04-11	Keefe, Bruyette & Woods	“Underperform” → “Market Perform” upgrade
2024-04-08	TD Cowen	“Sell” → “Hold” upgrade
2024-01-08	Wells Fargo	“Equal Weight” → “Underweight” downgrade
2023-10-31	Citigroup	“Sell” → “Neutral” upgrade
2023-07-16	Morgan Stanley	“Overweight” → “Equal Weight” downgrade
2023-07-04	Jefferies	“Buy” → “Hold” downgrade
2023-03-19	Deutsche Bank	“Sell” → “Hold” upgrade
2022-12-19	Morgan Stanley	“Equal Weight” → “Overweight” upgrade
2022-12-05	Deutsche Bank	“Hold” → “Sell” downgrade
2022-11-17	UBS	“Neutral” → “Buy” upgrade
2022-07-11	UBS	“Neutral” → “Sell” downgrade
2022-06-29	Keefe, Bruyette & Woods	“Market Perform” → “Underperform” downgrade
2022-06-13	BMO Capital	“Outperform” → “Market Perform” downgrade
2022-04-11	Jefferies	“Buy” → “Hold” downgrade
2022-01-04	Goldman Sachs	“Neutral” → “Sell” downgrade
2021-12-17	BMO Capital	“Market Perform” → “Outperform” upgrade
2021-10-22	Evercore ISI	“Outperform” → “In Line” downgrade
2021-10-07	J.P. Morgan	“Overweight” → “Neutral” downgrade
2021-09-28	Credit Suisse	“Underperform” → “Neutral” upgrade
2021-07-13	Stifel	“Buy” → “Hold” downgrade
2021-07-13	Bank of America	“Buy” → “Neutral” downgrade
2021-04-14	Citigroup	“Neutral” → “Sell” downgrade
2021-03-30	Credit Suisse	“Outperform” → “Neutral” downgrade
2021-01-05	Goldman Sachs	“Sell” → “Neutral” upgrade
2021-01-04	Credit Suisse	“Neutral” → “Underperform” downgrade
2020-11-19	Bank of America	“Buy” → “Neutral” downgrade
2020-06-21	Jefferies	“Hold” → “Buy” upgrade
2020-05-10	Truist	“Buy” → “Hold” downgrade
2020-03-31	CFRA	“Strong Buy” → “Buy” downgrade
2020-03-24	Goldman Sachs	“Neutral” → “Sell” downgrade
2020-03-11	CFRA	“Buy” → “Strong Buy” upgrade
2020-01-02	Wells Fargo	“Equal Weight” → “Overweight” upgrade
2019-10-17	RBC Capital	“Sector Perform” → “Perform” revised
2019-10-08	BMO Capital	“Market Perform” → “Perform” revised
2019-09-05	Goldman Sachs	“Buy” → “Neutral” downgrade
2019-01-31	Evercore ISI	“In Line” → “Outperform” upgrade
2019-01-04	Goldman Sachs	“Buy” → “Neutral” downgrade
2018-11-13	Bernstein	“Market Perform” → “Underperform” downgrade
2018-10-07	UBS	“Neutral” → “Buy” upgrade
2018-09-07	Deutsche Bank	“Buy” → “Hold” downgrade
2018-05-16	Deutsche Bank	“Hold” → “Buy” upgrade
2018-05-16	Credit Suisse	“Neutral” → “Outperform” upgrade
2018-05-05	Argus	“Buy” → “Hold” downgrade
2018-01-09	UBS	“Sell” → “Neutral” upgrade
2018-01-08	Bank of America	“Neutral” → “Buy” upgrade
2017-12-11	UBS	“Sell” → “Neutral” upgrade
2017-10-30	Stifel	“Hold” → “Buy” upgrade
2017-10-05	Morgan Stanley	“Underweight” → “Equal Weight” upgrade
2017-09-28	Goldman Sachs	“Neutral” → “Buy” upgrade
2017-05-24	UBS	“Buy” → “Sell” downgrade
2017-04-26	Argus	“Buy” → “Hold” downgrade
2017-04-24	UBS	“Neutral” → “Sell” downgrade
2017-03-20	Bernstein	“Market Perform” → “Underperform” downgrade
2017-03-17	Morgan Stanley	“Equal Weight” → “Underweight” downgrade
2016-11-10	UBS	“Neutral” → “Buy” upgrade
2016-10-13	RBC Capital	“Sector Perform” → “Outperform” upgrade
2016-07-20	Deutsche Bank	“Buy” → “Hold” downgrade
2016-03-15	Bank of America	“Buy” → “Neutral” downgrade
2016-02-12	Bank of America	“Neutral” → “Buy” upgrade
2015-10-02	UBS	“Buy” → “Neutral” downgrade

Targets, grades and estimates are quoted from third parties (via Financial Modeling Prep) and are theirs, not ours; each target links to the report it was published in. A firm counts once, at its latest target or grade.