TSX:RY • CA7800871021
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for ROYAL BANK OF CANADA (RY.CA).
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2025-12-12 | ARGUS RESEARCH CORPORATION | Maintains | Buy -> Buy |
| 2025-12-12 | TD Cowen | Upgrade | Hold -> Buy |
| 2025-12-12 | Canaccord Genuity | Maintains | Buy -> Buy |
| 2025-07-17 | SCOTIABANK GBM | Maintains | Outperform -> Outperform |
| 2023-06-06 | Desjardins Securities | Maintains | Buy -> Buy |
| 2022-12-14 | STA Research | Maintains | Underperform |
| 2022-12-14 | Fundamental Research | Reiterate | Buy |
| 2022-12-13 | Fundamental Research | Maintains | Buy |
| 2022-12-01 | Keefe Bruyette Woods Capital | Upgrade | Market Perform |
| 2022-12-01 | National Bank of Canada Financial | Downgrade | Outperform |
| 2022-12-01 | TD Research | Maintains | Buy |
| 2022-12-01 | Cormark Securities | Upgrade | |
| 2022-12-01 | Barclays | Upgrade | |
| 2022-12-01 | Credit Suisse | Upgrade | |
| 2022-11-30 | CIBC Capital Markets | Maintains | Outperform |
| 2022-11-30 | Scotiabank Capital | Maintains | Outperform |
| 2022-11-22 | Scotiabank Capital | Upgrade | Outperform |
| 2022-11-22 | STA Research | Maintains | Underperform |
| 2022-11-22 | Credit Suisse | Upgrade | |
| 2022-11-14 | Barclays | Upgrade | |
| 2022-09-29 | Barclays | Initiate | Overweight |
| 2022-09-07 | CIBC Capital Markets | Downgrade | Outperform |
| 2022-09-07 | Fundamental Research | Initiate | Buy |
| 2022-09-02 | Keefe Bruyette Woods Capital | Upgrade | |
| 2022-09-02 | BMO Financial | Downgrade |
| 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | ||
|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 51.464B 5.06% | 57.344B 11.43% | 66.605B 16.15% | 72.898B 9.45% | 76.225B 4.56% | 78.635B 3.16% | 79.125B 0.62% | 81.93B 3.55% | |
| EBITDA YoY % growth | N/A | N/A | N/A 7.63% | 25.596B -7.07% | N/A | N/A | N/A | N/A | |
| EBIT YoY % growth | N/A -1.81% | N/A 17.37% | N/A 17.67% | 33.958B 14.82% | 35.796B 5.41% | 36.585B 2.20% | 34.83B -4.80% | 36.173B 3.86% | |
| Operating Margin | N/A | N/A | N/A | 46.58% | 46.96% | 46.53% | 44.02% | 44.15% | |
| EPS YoY % growth | 11.37 1.52% | 12.10 6.42% | 14.43 19.26% | 16.36 13.34% | 17.95 9.74% | 19.89 10.84% | N/A | N/A |
All data in CAD
| Q2 / 26 | Q3 / 26 | Q4 / 26 | Q1 / 27 | Q2 / 27 | Q3 / 27 | Q4 / 27 | Q1 / 28 | Q2 / 28 | Q3 / 28 | Q4 / 28 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 3.89 24.52% | 4.13 7.66% | 4.14 7.58% | 4.37 7.22% | 4.23 8.99% | 4.53 9.68% | 4.61 11.22% | 5.04 15.13% | 4.82 13.84% | 5.07 11.76% | 5.11 10.91% |
| Revenue Q2Q % growth | 17.525B 11.82% | 18.28B 7.62% | 18.368B 6.73% | 18.89B 5.18% | 18.472B 5.40% | 19.341B 5.80% | 19.525B 6.30% | 19.93B 5.51% | 19.362B 4.82% | 19.914B 2.96% | 20.036B 2.62% |
| EBITDA Q2Q % growth | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EBIT Q2Q % growth | 7.794B 8.43% | 8.294B 13.90% | 8.217B 9.25% | 8.487B 4.88% | 8.031B 3.04% | 8.755B 5.56% | 8.63B 5.03% | N/A | N/A | N/A | N/A |
All data in CAD
24 analysts have analysed RY.CA and the average price target is 251.36 CAD. This implies a price increase of 11.96% is expected in the next year compared to the current price of 224.51.
ROYAL BANK OF CANADA (RY.CA) will report earnings on 2026-05-27.
The consensus EPS estimate for the next earnings of ROYAL BANK OF CANADA (RY.CA) is 3.89 CAD and the consensus revenue estimate is 17.52B CAD.
The consensus rating for ROYAL BANK OF CANADA (RY.CA) is 82.5 / 100 . This indicates that analysts generally have a positive outlook on the stock.