Goldman Sachs keeps USD 40.00 target for Franklin Resources stock
Published on 10/17/2026 at 20:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and valuation
- Goldman Sachs maintained a USD 40.00 target and Buy rating in a report dated October 13, 2026.
- Franklin Resources carried a P/E ratio of 21.08 and a dividend yield of 4.21 percent.
- Franklin Resources stock was last at USD 30.98 on Nasdaq at 4:00 p.m. ET on October 16, 2026, down 1.27 percent versus the prior close.
- The estimated next earnings date is November 6, 2026.
Goldman Sachs maintained a Buy rating and a USD 40.00 price target for Franklin Resources (ISIN US3546131018) in a report dated October 13, 2026, according to Markets Insider. The target stands 29.12 percent above the last Nasdaq price in the same currency. Franklin Resources was last at USD 30.98 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 1.27 percent from the prior close.
Goldman Sachs target stays higher
The Goldman view contrasts with recent target reductions elsewhere. Markets Insider reported that Barclays lowered its target from USD 36.00 to USD 34.00 on October 14, 2026, while keeping an Equal Weight rating. That leaves a wide USD 6.00 gap between the two published targets.
Valuation and dividend profile
Franklin Resources had a P/E ratio of 21.08 and a dividend yield of 4.21 percent as of October 16, 2026, according to MarketBeat. The same page lists a USD 15.75 billion market capitalization and an average analyst target of USD 35.89. The valuation picture therefore combines an income component with a target range from USD 34.00 to USD 40.00.
Price position and range
The October 16, 2026 Nasdaq range ran from USD 30.77 to USD 31.79, while volume reached 4,432,201 shares against an average of 4,018,270. The 52-week range was USD 21.10 to USD 36.28, leaving the latest price 14.67 percent below the high and 46.82 percent above the low. Franklin Resources was up 29.60 percent from the start of 2026.
Upcoming reporting date
MarketBeat lists November 6, 2026 as the estimated next earnings date. That calendar point gives the analyst targets a defined near-term review date.
Comparison with peers
Franklin Resources (NYSE, USD): minus 1.27 percent, P/E 21.08, market capitalization USD 15.75 billion
BlackRock (NYSE, USD): plus 1.21 percent, P/E 25.79, market capitalization USD 175.68 billion
T. Rowe Price (NYSE, USD): minus 0.39 percent, P/E 10.13, market capitalization USD 21.54 billion
Market close context
Franklin Resources ended the latest US session below its prior close, while its 52-week position remains materially above the yearly low. The next scheduled earnings date and the spread between analyst targets provide the main reference points for the stock.
Market context: Market report S&P 500.
More news and analyses on Franklin Resources stock
Franklin Resources market data
- Company: Franklin Resources, Inc.
- ISIN: US3546131018
- Ticker: BEN
- Primary exchange: NYSE
- Price Nasdaq (as of October 16, 2026, 4:00 p.m. ET): USD 30.98
- Change versus prior close: minus 1.27 percent
- Market capitalization: USD 15.75 billion (as of October 16, 2026)
- 52-week range: USD 21.10-36.28 (as of October 16, 2026)
- Sector / Industry: Financial Services / Asset Management
- Dividend yield: 4.21 percent (as of October 16, 2026)
- P/E ratio: 21.08 (as of October 16, 2026)
- Next earnings date: November 6, 2026
