Raymond James stock: Truist cuts target to USD 166.00 for Raymond James stock

Published on 10/24/2026 at 00:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Raymond James stock heads into October 28 results with USD 4.20 billion revenue expected. Third-quarter revenue rose 15.60 percent to USD 3.93 billion.

Analyst targets and earnings date

Truist cut its Raymond James target to USD 166.00 on October 13, 2026.
Fiscal fourth-quarter revenue is expected to reach USD 4.20 billion on October 28, 2026.
Raymond James stock closed at EUR 140.78 on October 23, 2026.
Third-quarter adjusted earnings per share reached USD 3.14 versus USD 2.91 expected.

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Raymond James Financial stock is heading toward its fiscal fourth-quarter results with analysts expecting USD 4.20 billion in revenue on October 28, 2026. MarketBeat reported the scheduled release and the consensus forecast, putting the upcoming report at the center of the stock story.

Truist cuts its target

Truist Financial lowered its Raymond James price target from USD 188.00 to USD 166.00 and kept a hold rating in a note dated October 13, 2026. The change was reported by MarketBeat. Its report also listed a consensus target of USD 178.85 and a hold consensus among 15 analysts.

What will the report test?

The earnings setup is demanding because the expected USD 4.20 billion revenue would be measured against USD 3.73 billion in the year-earlier quarter, according to Yahoo Finance. The same preview puts adjusted earnings per share at USD 3.30, versus USD 3.11 in the comparable quarter, a 6.10 percent increase.

Three dated milestones

Raymond James reported USD 3.14 in third-quarter earnings per share against USD 2.91 expected on July 22, 2026; Bank of America raised its target from USD 196.00 to USD 198.00 on October 5, 2026; and Truist cut its target from USD 188.00 to USD 166.00 on October 13, 2026, according to MarketBeat.

Next date for investors

The next substantiated event is the fiscal fourth-quarter earnings release on October 28, 2026, after the market close, with the conference call scheduled for 5:00 p.m. ET. The forecast calls for USD 3.26 in earnings per share and USD 4.20 billion in revenue, according to MarketBeat.

Dated quote and next report

The last Xetra close was EUR 140.78 on October 23, 2026. On the NYSE, Raymond James was last at USD 157.70 on October 23, 2026 at 4:00 p.m. ET. Raymond James Financial serves individuals, corporations and institutions through wealth management, capital markets, asset management and banking operations.

The further course of trading is shown by the continuously updated real-time quote of Raymond James stock.