Franco-Nevada stock gains on RBC's $300 target

Published on 09/17/2026 at 18:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RBC Capital lifted Franco-Nevada stock to a $300 target on September 16, 2026. Q2 2026 revenue rose 57% to $580.9 million and GEOs sold increased 18% to 132,405.

FNV, CA3518581051, Illustration mit AI erstellt.

Franco-Nevada stock (ISIN CA3518581051) has an RBC Capital target of $300 after the house kept an Outperform view on September 16, 2026. The latest Q2 2026 figures also showed revenue of $580.9 million, up 57% year over year, with 132,405 GEOs sold, up 18% from the prior-year quarter.

RBC lifts the target

According to GuruFocus on September 16, 2026, RBC Capital maintained an Outperform rating and raised its price target from $285.00 to $300.00 for Franco-Nevada. That move followed a share price of $262.66 and a market capitalization of about $50.74 billion in the same report.

For investors, the gap to the target is the cleanest comparison in the story: $262.66 versus $300.00 leaves about 14.2 percent upside to the RBC level. GuruFocus also cited GF Value of $273.01, which put the stock 3.8 percent below that estimate.

Q2 showed leverage

In its Q2 2026 earnings call transcript, Benzinga reported that Franco-Nevada's revenue rose 57% year over year, adjusted EBITDA increased 45%, and adjusted net income climbed 46%. The same transcript said GEOs sold reached 132,405 in Q2 2026, compared with just over 112,000 a year earlier.

Guidance remained pointed higher as the company said it was tracking toward the upper half of its 2026 range of 510,000 to 570,000 GEOs sold. Benzinga also quoted approximately 269,000 GEOs sold in the first six months of 2026, which gives the second-half setup a clear numerical base.

Stock near $262.66

Franco-Nevada shares last traded at $262.66 in the cited GuruFocus market snapshot on September 16, 2026, with a market capitalization of about $50.74 billion. The same snapshot placed the stock below RBC's $300 target and below GF Value at $273.01.