RY
Q3 2026 EPS Estimate
$2.87
Aug 27, 2026 · Reports before open
Revenue Estimate
$12.71B
FY2026E EPS$15.39
FY2027E EPS$16.83

Analyst Sentiment

Wall St. Consensus
Hold
28 analysts·High coverage
61
Score
13 Buy (46%)14 Hold (50%)1 Sell (4%)
Rating Breakdown
Strong Buy
00%
Buy
1346%
Hold
1450%
Sell
14%
Strong Sell
00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Bear
$225.00
+8.7%
Consensus
$225.00
+8.7%
Bull
$225.00
+8.7%
12-Month Target Range28 analysts
$225.00$225.00$225.00
Current $206.97Consensus
Current Price
$206.97
Upside to Consensus
$18.03

Price targets are 12-month analyst forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

Forward Growth Estimates (YoY)
FY2027
Rev+4.62%
EPS+9.34%
FY2028
Rev+5.62%
EPS+8.23%
Raw consensus estimates (low / average / high) from covering analysts.
Annual
MetricFY2026EFY2027EFY2028E
Revenue Avg$68.60B$71.76B$75.79B
Low$68.29B$71.31B$74.76B
High$69.01B$72.10B$76.91B
EBITDA Avg$17.94B$18.77B$19.82B
Low$17.86B$18.65B$19.55B
High$18.05B$18.86B$20.11B
EBIT Avg$15.82B$16.55B$17.48B
Low$15.75B$16.45B$17.24B
High$15.92B$16.63B$17.74B
Net Income Avg$21.54B$23.69B$25.69B
Low$21.17B$23.52B$25.22B
High$21.91B$23.86B$26.17B
EPS Avg$15.39$16.83$18.21
Low$15.02$16.68$17.89
High$15.54$16.92$18.56
Analysts (Rev / EPS)7 / 77 / 82 / 1
Quarterly
MetricQ3 2026Q4 2026Q1 2027Q2 2027Q3 2027Q4 2027Q1 2028Q2 2028
Revenue Avg$17.26B$17.43B$17.68B$17.50B$18.19B$18.29B$18.63B$18.56B
Low$17.17B$17.34B$17.58B$17.41B$18.09B$18.19B$18.53B$18.47B
High$17.42B$17.59B$17.84B$17.66B$18.36B$18.46B$18.80B$18.73B
EBITDA Avg$4.52B$4.56B$4.62B$4.58B$4.76B$4.78B$4.87B$4.86B
Low$4.49B$4.54B$4.60B$4.55B$4.73B$4.76B$4.85B$4.83B
High$4.56B$4.60B$4.67B$4.62B$4.80B$4.83B$4.92B$4.90B
EBIT Avg$3.98B$4.02B$4.08B$4.04B$4.20B$4.22B$4.30B$4.28B
Low$3.96B$4.00B$4.06B$4.01B$4.17B$4.20B$4.27B$4.26B
High$4.02B$4.06B$4.11B$4.07B$4.23B$4.26B$4.34B$4.32B
Net Income Avg$3.96B$4.00B$4.21B$4.16B$4.41B$4.45B$4.59B$4.55B
Low$3.93B$3.95B$4.18B$4.13B$4.38B$4.41B$4.56B$4.52B
High$3.97B$4.04B$4.26B$4.21B$4.46B$4.50B$4.65B$4.61B
EPS Avg$3.86$3.90$4.09$4.05$4.29$4.33$4.47$4.43
Low$3.83$3.84$4.07$4.02$4.26$4.30$4.44$4.40
High$3.87$3.94$4.14$4.10$4.34$4.38$4.52$4.48
Analysts (Rev / EPS)2 / 72 / 61 / 21 / 21 / 21 / 21 / 41 / 4

Earnings Surprises

Recent Analyst Actions

Jun 11, 2026Argus Research
Royal Bank of Canada price target raised to $225 from $180 at Argus
Target:$225.00
+14.0%from $197.39
Dec 5, 2024BMO Capital
Royal Bank of Canada (RY) PT Lowered to $193 at BMO Capital Despite 4Q24 Beat
Target:$193.00
+50.8%from $128.02
Jun 6, 2024Argus Research
Royal Bank of Canada (RY) PT Raised to $120 at Argus
Target:$120.00
+12.0%from $107.11
Jun 6, 2022Argus Research
Argus Research Maintains Buy on Royal Bank of Canada, Raises Price Target to $125
Target:$125.00
+18.7%from $105.28
Aug 27, 2021Desjardins
Royal Bank of Canada price target raised to C$141 from C$138 at Desjardins
Target:$141.00
+36.9%from $102.97
May 19, 2021Bank of America Securities
Royal Bank of Canada (RY:CN) (RY) PT Raised to Cdn$132 at BofA Securities
Target:$132.00
+33.6%from $98.81
Apr 23, 2021CFRA
8 Financial Stocks to Buy As Interest Rates Rise
Target:$94.00
+3.1%from $91.14
Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.