CIBC cuts target for Royal Gold stock from USD 330.00 to USD 305.00
Published on 10/20/2026 at 19:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- On October 16, 2026, CIBC cut its Royal Gold target from USD 330.00 to USD 305.00.
- Royal Gold estimated third-quarter royalty sales of USD 143.00-149.00 million on October 20, 2026.
- Royal Gold stock costs EUR 214.45 at Lang & Schwarz on October 20, 2026 at 7:46 p.m. CEST.
- Royal Gold will release third-quarter results after the market close on November 4, 2026.
Royal Gold (ISIN US7802871084) is set for a third-quarter update after CIBC cut its price target from USD 330.00 to USD 305.00. Markets Insider reported the change on October 16, 2026, while CIBC kept a Neutral rating. Royal Gold stock was trading at EUR 214.45 at Lang & Schwarz on October 20, 2026 at 7:46 p.m. CEST.
Royal Gold estimates third-quarter sales
Royal Gold released preliminary figures for the quarter ended September 30, 2026. The company estimated stream segment sales of USD 318.3 million and royalty segment sales of USD 143.00-149.00 million. The figures are preliminary and unaudited, so the final report may differ. Investing News reported the estimates on October 20, 2026.
Nasdaq range reaches USD 243.74
On the Nasdaq, Royal Gold traded between USD 232.38 and USD 243.74 on October 20, 2026, with volume of 293,433 shares at 1:51 p.m. ET. Its 52-week range was USD 168.88 to USD 306.25, placing the latest US quote at USD 241.16 and below the annual high. Market capitalization stood at USD 20.5 billion on October 20, 2026, while the price-to-earnings ratio was 26.30.
Results date gives the next marker
Royal Gold will release its third-quarter results after the market close on November 4, 2026, followed by a conference call on November 5, 2026. The company also reported that it repurchased 190,045 shares at an average price of USD 259.83 during the third quarter, for total consideration of USD 49 million. Investing News carried those details on October 20, 2026.
Target cut meets strong estimates
CIBC's USD 305.00 target remains above the latest Nasdaq quote of USD 241.16, although the lower target contrasts with the company's preliminary third-quarter sales estimates. MarketBeat reported on October 17, 2026 that 12 brokerages covered Royal Gold, with nine Buy ratings and three Hold ratings, alongside an average target of USD 295.80. MarketBeat also cited quarterly revenue of USD 468.98 million and earnings per share of USD 2.56 for the quarter ended June 30, 2026.
Royal Gold stock after hours
Royal Gold stock was trading at EUR 214.45 at Lang & Schwarz on October 20, 2026 at 7:46 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Royal Gold stock.
Royal Gold stock at a glance
- Company: Royal Gold, Inc.
- ISIN: US7802871084
- Ticker: RGLD
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 20, 2026, 7:46 p.m. CEST): EUR 214.45
- Market capitalization: USD 20.5 billion (as of October 20, 2026)
- 52-week range: USD 168.88-306.25 (as of October 20, 2026)
- Sector / Industry: Basic Materials / Gold
- Next earnings date: November 4, 2026
Market context: Market report S&P 500.
