Evercore raises target for T. Rowe Price stock
Published on 10/05/2026 at 11:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
T. Rowe Price (ISIN US74144T1088) had its price target raised by Evercore from USD 113.00 to USD 121.00 on September 28, 2026, according to MarketBeat. The move gives investors a fresh valuation marker while the company broadens its actively managed exchange-traded fund lineup.
Target lift meets cautious ratings
Evercore's target increase contrasts with a cautious analyst mix. The MarketBeat report lists one Buy, nine Hold and four Sell ratings, producing a Reduce consensus and an average target of USD 105.92.
The same report said T. Rowe Price delivered USD 2.57 in quarterly earnings per share against USD 2.52 consensus and revenue of USD 1.91 billion against USD 1.89 billion expected. Quarterly revenue was up 10.70 percent year over year, while earnings per share increased from USD 2.24 in the comparable prior-year quarter.
Assets rise despite outflows
In a September 11, 2026 release, T. Rowe Price reported August assets under management of USD 1.90 trillion as of August 31, 2026, up from USD 1.87 trillion at the end of July. Net outflows totaled USD 7.9 billion, making asset growth and flows the key operating counterpoint to the stronger quarterly revenue comparison.
On September 17, 2026, T. Rowe Price announced three fully transparent active ETFs covering biotechnology, small-cap equities and mid-cap equity research. The launches brought the firm's 2026 active ETF introductions to eight and expanded its ETF lineup to 38 funds.
Stock trades below its prior close
The Lang and Schwarz quote stood at EUR 93.17 in trading on October 5, 2026 at 11:31 a.m. CEST, down 0.37 percent versus the prior close of EUR 93.52 on October 2, 2026. On Nasdaq, the stock was last quoted at USD 104.62 on October 2, 2026 at 4:00 p.m. EDT, with a 52-week range of USD 85.22 to USD 122.00 and market capitalization of USD 22.4 billion.
The further course of trading is shown by the continuously updated real-time quote of T. Rowe Price stock.
T. Rowe Price stock facts
- Company: T. Rowe Price Group, Inc.
- ISIN: US74144T1088
- Ticker: TROW
- Primary exchange: NASDAQ
- Price Lang and Schwarz (as of October 5, 2026, 11:31 a.m. CEST): EUR 93.17
- Change versus prior close: minus 0.37 percent
- Prior close Lang and Schwarz (October 2, 2026): EUR 93.52
- Market capitalization: USD 22.4 billion (as of October 2, 2026)
- 52-week range: USD 85.22-122.00 (as of October 2, 2026)
- Sector / Industry: Financial Services / Asset Management
