RBC raises target for Royal Gold stock from USD 305.00 to USD 325.00

Published on 10/02/2026 at 15:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 451.00 million, up 115.00 percent year over year. Royal Gold stock costs EUR 208.10 on October 2, 2026, bid EUR 206.60.

RGLD, US7802871084, Illustration mit AI erstellt.

Royal Gold (ISIN US7802871084) was trading at EUR 208.10 at Lang & Schwarz on October 2, 2026 at 3:04 p.m. CEST, while RBC raised its target from USD 305.00 to USD 325.00 on September 16, 2026, as MarketScreener reports. The move keeps analyst expectations above the latest euro indication, but the currencies are separate reference points.

RBC lifts the valuation bar

RBC maintained an Outperform rating alongside the new USD 325.00 target, up from USD 305.00, according to MarketScreener on September 16, 2026. The target change is the clearest recent analyst event for the NASDAQ-listed royalty and streaming company.

Royal Gold's second-quarter 2026 results provide the operating counterweight. In the earnings call dated August 6, 2026, Yahoo Finance reported revenue of USD 451.00 million, operating cash flow of USD 335.00 million and earnings of USD 236.00 million. Revenue increased 115.00 percent year over year, operating cash flow rose 119.00 percent and earnings advanced 79.00 percent.

Cash flow strengthens the case

The same call identified adjusted net income of USD 218.00 million, or adjusted earnings of USD 2.56 per share, up 41.00 percent from the prior-year quarter. Gold represented 76.00 percent of quarterly revenue, while royalty revenue reached USD 140.00 million and stream revenue USD 311.00 million, according to Yahoo Finance.

Royal Gold also had an ex-dividend date of October 2, 2026 for a quarterly dividend of USD 0.48 per share, with payment scheduled for October 16, 2026, according to MarketBeat. That cash-return date sits alongside the larger valuation question raised by the RBC target.

EUR 208.10 at Lang & Schwarz

Royal Gold stock was trading at EUR 208.10 at Lang & Schwarz on October 2, 2026 at 3:04 p.m. CEST, with a bid of EUR 206.60 and an ask of EUR 209.60. The primary listing is NASDAQ in USD, where the 52-week range was USD 168.88 to USD 306.25 and market capitalization was USD 19.7 billion as of October 1, 2026.