
Raymond James (RJF) Stock Forecast & Price Target
Raymond James (RJF) Analyst Ratings
Bulls say
Raymond James Financial has demonstrated robust growth in its sweep cash balances, with an estimated increase of approximately 4.9% month-over-month in September, reflecting healthy client engagement and a favorable environment for asset management. The firm has also reported a significant increase in its advisor recruiting pipeline, adding over 400 million in trailing production for fiscal year 2025, which highlights the effectiveness of its independent and employee-affiliated advisor network. Moreover, the company noted a 2.1% sequential increase in customer cash balances and a strong performance in its brokerage business, driven by heightened engagement in annuity products, further solidifying a positive financial outlook.
Bears say
Raymond James Financial has reported a decline in cash balances that aligns with quarterly fee billings, reflecting a potentially troubling trend in revenue generation despite a slight uptick in core earnings. The company's recent financial results show GAAP EPS of $2.12 and adjusted EPS of $2.18, both below estimates and consensus expectations, indicating persistent earnings pressure. Furthermore, various risk factors, such as a stagnant interest rate environment, deteriorating economic conditions, and fee compression, contribute to a negative outlook for the company's future financial performance.
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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