T. Rowe Price stock heads into the open after a 1.9% drop

At the close on September 9, 2026, T. Rowe Price stock finished near USD 108 on the Nasdaq with a decline of roughly 1.9 percent. Compared with the S&P 500’s 0.6 percent loss that day, the shares underperformed the broader market as investors digested a fresh analyst price-target cut.

T. Rowe Price stock closed at about USD 108 on the Nasdaq on September 9, 2026, down roughly 1.9 percent from the prior session. On the same day, the S&P 500 fell 0.6 percent, so the shares lagged the broader index heading into today’s US session.

September 9, 2026 in numbers

T. Rowe Price Group Inc. (ISIN US74144T1088, Nasdaq: TROW) ended the September 9, 2026 session at an estimated USD 108, after trading within an intraday range that kept the close below its 50 day moving average near USD 114. Per Nasdaq data referenced by MarketBeat, the stock’s 200 day moving average stood around USD 104, illustrating that the latest close remained modestly above the longer term trend level.MarketBeat On September 9, 2026, the S&P 500 closed at 7,673.52, down 0.6 percent for the day, underscoring a weak backdrop for US equities.Yahoo Finance

A notable same day development for the stock was an analyst action: on September 9, 2026, Evercore ISI Group maintained its in line rating on T. Rowe Price Group but lowered its price target to USD 113 from a higher level.Benzinga A separate report the same day highlighted that the shares were trading around USD 108.44, below a GF Value estimate of USD 121.76, implying the stock was viewed as undervalued by about 10.9 percent at that level.GuruFocus These simultaneous valuation comments and a reduced price target framed sentiment around the shares in the last completed session.

Outlook for today

Today, T. Rowe Price enters the new session without a scheduled earnings release or major corporate event explicitly tied to September 10, 2026 in the available calendars, but the fresh Evercore ISI price target of USD 113 remains a reference point for investors evaluating the stock.Benzinga Broader market conditions also matter for the asset manager’s shares: on September 9, 2026, US stock indexes fell as investors reacted to oil prices testing the USD 100 mark, a move that kept Wall Street futures muted into the new day, according to coverage of the futures market.Reuters As a result, any further swings in risk appetite around interest rates and commodity prices today could influence demand for actively managed equity and multi asset strategies, and thereby the market view on T. Rowe Price ahead of the opening bell.