Raymond James Financial, Inc. (RJF) earnings on July 22, 2026
More Raymond James Financial, Inc. earnings
Prior outlook: Optimistic Outcome: Missed
RJF slipped to close 1.11% lower after reaching a +0.72% intraday high, despite positive expectations and strong growth outlook. The stock could not sustain its early trend strength.
RJF price around the earnings
166.14
Change: -1.1%
2026-07-23, 20:00 UTC
Start of the measured window
End of the measured window
158.14
161.83
165.53
169.22
168.01
July 22, 2026
July 23, 2026
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Optimistic Outcome: Missed
- Thesis published
- Results released
Strong trend strength and positive growth projections, supported by high past beat rate, but extreme retail crowding near resistance.
Context analyzed before publication
- Trend
- Consistent strong trend strength and positive growth into earnings, with increasing retail crowding near resistance.
Analysts
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 2.43
- Analysts covering the stock
- 12
- Average price target
- 182.67
- Lowest price target
- 160
- Highest price target
- 205
- Upside to price target
- 8.8%
- Quarterly earnings growth
- 9.9%
- Revenue growth
- 13.1%
- Forward EPS
- 13.96
- Trailing EPS
- 10.6
- Analyst moves in the last 60 days
- 5
- Strong buy: 2
- Buy: 3
- Hold: 9
- Sell: 0
- Strong sell: 0
- Strong buy
- 2
- Buy
- 3
- Hold
- 9
- Sell
- 0
- Strong sell
- 0
- July 10, 2026 · Morgan Stanley: Maintains rating (Equal-Weight → Equal-Weight)
- July 9, 2026 · Citizens: Maintains rating (Market Outperform → Market Outperform)
- July 9, 2026 · Barclays: Maintains rating (Overweight → Overweight)
- July 8, 2026 · UBS: Maintains rating (Neutral → Neutral)
- May 28, 2026 · TD Cowen: Maintains rating (Hold → Hold)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (5)
- SpaceX Stock Falls To Record Low, But One Analyst Sees it Hitting $800 (opens in a new tab) — Benzinga
- Morgan Stanley Maintains Equal-Weight on Raymond James Finl, Raises Price Target to $174 (opens in a new tab) — Benzinga
- Citizens Maintains Market Outperform on Raymond James Finl, Raises Price Target to $200 (opens in a new tab) — Benzinga
- Barclays Maintains Overweight on Raymond James Finl, Raises Price Target to $192 (opens in a new tab) — Benzinga
- UBS Maintains Neutral on Raymond James Finl, Raises Price Target to $175 (opens in a new tab) — Benzinga
Technicals
Evidence
- Average true range (ATR)
- 2%
- Distance to 52-week high
- -3.6%
- 14-day change (14d)
- +0.2%
- 30-day change (33d)
- +7.8%
- 30-day relative strength
- +7.6%
- SPY change (33d)
- +0.2%
- Nearest support
- 167.15
- Nearest resistance
- 168.4
- Volume accumulation ratio (14d / 46d)
- 0.82
Trends
Evidence
- Average earnings surprise
- +1.0%
- April 22, 2026: actual EPS 2.72 vs estimate 2.71 (surprise +0.5%)
- January 28, 2026: actual EPS 2.86 vs estimate 2.83 (surprise +0.9%)
- October 22, 2025: actual EPS 3.11 vs estimate 2.83 (surprise +10.0%)
- July 23, 2025: actual EPS 2.18 vs estimate 2.36 (surprise -7.5%)
Expected move
- Implied move
- +1.5%
- Source
- Options chain
Reactions over its last 20 earnings
- Median move
- 2.3%
- 75th percentile move
- 4.1%
- 90th percentile move
- 5.3%
- Up / down moves
- 10 / 10
- Average up move
- +3.7%
- Average down move
- -1.7%
Monitoring and close
What Raymond James Financial, Inc. reported
- Status
- Pending
| Actual EPS | 3.14 |
|---|---|
| EPS estimate | 2.91 |
| EPS surprise | +7.9% |
| Revenue | $3,930 million |
| Revenue estimate | $3,875 million |
| Revenue surprise | +1.4% |
Sources (1)
- Raymond James beat expectations with adjusted EPS of $3.14 versus $2.91 estimate, and revenue of $3.93B above $3.875B. — Benzinga
Pre-market second reading after the results
- Verdict
- Beat expectations
Heading into the open, the figures don't clearly confirm the prior scenario.
How the stock reacted
- Outcome
- Missed
- Consolidated
- -1.1%
- Max favorable move (MFE)
- 0.7%
- Max adverse move (MAE)
- 3%