Raymond James stock holds steady after a $3.93 billion quarter
Published on 08/28/2026 at 22:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Raymond James Financial (US7547301090) held at $176.11 in after-hours trading on August 28, 2026, while the firm was still being measured against fiscal third-quarter 2026 net revenues of $3.93 billion and EPS of $3.14.
The stock moved with no fresh company-specific catalyst in the session, and the most recent reported quarter still shows a 16% increase in net revenues from the prior year’s fiscal third quarter.
July 22 still matters
The July 22, 2026 earnings release remains the key reference point because it delivered record quarterly net revenues and a clear earnings beat versus estimates near $2.90. That combination keeps the market anchored to execution rather than to a new headline.
For investors, the comparison is straightforward: $3.93 billion in net revenues and $3.14 in EPS versus a prior-year quarter that was 16% smaller on the top line.
Analyst tone stays constructive
Recent coverage has also pointed to higher price targets on RJF, including moves to $196 and $200 after the earnings report. Those revisions do not change the company’s reported numbers, but they help explain why the shares have remained close to recent levels.
The broader U.S. market was mixed in the same session, with the S&P 500 down 0.1%, the Dow Jones up 0.1%, and the Nasdaq off 0.3%.
What Raymond James sells
Raymond James serves retail and institutional clients through wealth management, investment banking, asset management, and capital markets. Its earnings release showed that the wealth and banking franchise still has enough scale to produce a $3.93 billion quarterly revenue base.
Share level to watch
At $176.11, the stock is trading well above the level implied by the latest quarterly operating backdrop and remains tied to the next earnings update expected in late October 2026.
Fact box
Company: Raymond James Financial, Inc.
ISIN: US7547301090
Ticker: RJF
Exchange: NYSE
Price (as of August 28, 2026, 5:47 a.m. ET): $176.11 USD
Sector / Industry: Financials / Capital Markets
Index membership: S&P 500
