
Raymond James (RJF) Stock Forecast & Price Target
Raymond James (RJF) Analyst Ratings
Bulls say
Raymond James Financial is experiencing robust growth, highlighted by a record advisor recruiting pipeline, which contributed to a 2% increase in financial advisor headcount in fiscal year 2025 and a trailing production increase exceeding $400 million, representing a 21% rise year-over-year. The firm's domestic cash sweep balances reached $42.9 billion, up 2.9% from KBW's estimate and also marking a 1.8% increase since June 2025, while customer cash balances rose by 2.1% sequentially, predominantly due to lower-cost sweep balances. Furthermore, Raymond James demonstrated strength in its overall revenue generation, with notable surpassing of consensus estimates, driven by significant contributions from Investment Banking fees, Brokerage revenue, and Net Interest Income, leading to an upward revision of its fiscal year 2026 EPS estimate.
Bears say
Raymond James Financial's stock outlook is negatively influenced by a declining trend in cash balances, which correlates with quarterly fee billings recorded at approximately $1.8 billion. The company faces substantial risks stemming from a potentially stagnant interest rate environment, a deterioration in economic and credit conditions, and a slowdown in new asset growth, all of which could adversely impact revenue generation. Additionally, the firm's heavy reliance on the performance of equity markets exposes it to declines that may hinder overall activity and financial outcomes.
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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