BofA raised target for Raymond James stock to USD 198
Published on 10/08/2026 at 17:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- BofA Securities raised its Raymond James target from USD 196.00 to USD 198.00 on October 5, 2026.
- Fiscal third-quarter earnings per share reached USD 3.14 versus USD 2.91 expected, while revenue rose 15.6 percent to USD 3.93 billion.
- The Lang & Schwarz quote was EUR 140.05 on October 8, 2026, down 0.28 percent from EUR 140.45.
- Raymond James is listed on the NYSE under ticker RJF, with a next earnings date of October 28, 2026.
Raymond James Financial (ISIN US7547301090) had its BofA Securities price target raised from USD 196.00 to USD 198.00 on October 5, 2026, as Investing.com reported. Raymond James stock was trading at EUR 140.05 at Lang & Schwarz on October 8, 2026 at 5:04 p.m. CEST, down 0.28 percent versus the EUR 140.45 prior close.
Earnings beat set the baseline
In the fiscal third quarter of 2026, Raymond James reported earnings per share of USD 3.14 against a USD 2.91 consensus estimate, according to MarketBeat on October 6, 2026. Revenue reached USD 3.93 billion in the same quarter, up 15.6 percent year over year, while the company reported a 13.57 percent net margin.
The contrast matters for valuation. BofA kept a Neutral rating while lifting its target, citing higher expected net interest income and raising adjusted earnings-per-share estimates for 2027 to USD 14.95 from USD 14.80, as Investing.com reported.
Three dated events frame the move
On July 22, 2026, the fiscal third-quarter report showed USD 3.14 earnings per share and USD 3.93 billion in revenue, according to MarketBeat. On August 26, 2026, the board declared a quarterly dividend of USD 0.54 per share, payable October 15, 2026, according to Simply Wall St. On October 5, 2026, BofA raised its target from USD 196.00 to USD 198.00 while maintaining Neutral, as Investing.com reported.
What dates matter next?
The next scheduled earnings report is October 28, 2026, while the USD 0.54 dividend is due on October 15, 2026, according to Simply Wall St. Those dates give investors two near-term checkpoints after the target revision: cash distribution and the next earnings update.
Euro quote turns lower
Raymond James stock was trading at EUR 140.05 at Lang & Schwarz on October 8, 2026 at 5:04 p.m. CEST, down 0.28 percent versus the prior close of EUR 140.45. The NYSE listing was last quoted at USD 156.78 on October 8, 2026 at 11:11 a.m. ET, while the 52-week range was USD 138.82 to USD 182.73 and market capitalization was USD 30.1 billion.
The further course of trading is shown by the continuously updated real-time quote of Raymond James stock.
Raymond James stock facts
- Company: Raymond James Financial, Inc.
- ISIN: US7547301090
- Ticker: RJF
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 8, 2026, 5:04 p.m. CEST): EUR 140.05
- Change versus prior close: minus 0.28 percent
- Prior close Lang & Schwarz (October 7, 2026): EUR 140.45
- Market capitalization: USD 30.1 billion (as of October 8, 2026)
- 52-week range: USD 138.82-182.73 (as of October 8, 2026)
- Sector / Industry: Financial Services / Asset Management
- Next earnings date: October 28, 2026
Market context: Market report S&P 500.
