Barclays cuts target for T. Rowe Price stock from USD 103 to USD 102

Published on 10/15/2026 at 13:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Barclays cut its target from USD 103 to USD 102 on October 14, 2026. T. Rowe Price stock costs EUR 89.52 on October 15, 2026.

Assets and earnings shape valuation

Barclays cut its target from USD 103.00 to USD 102.00 on October 14, 2026.
Second-quarter revenue reached USD 1.91 billion and diluted earnings per share were USD 2.88 in 2026.
T. Rowe Price stock trades at EUR 89.52 at 1:43 p.m. CEST at Lang & Schwarz on October 15, 2026.

Pop-Art-Comicfigur zeigt begeistert auf einen stark ansteigenden Balkenchart — Farbenfrohe Pop-Art-Comicszene mit steigendem Chart passt zum Wachstum von T. Rowe Price Group, ISIN US74144T1088, Illustration mit AI erstellt.

T. Rowe Price Group (US74144T1088) was the subject of a fresh Barclays target cut on October 14, 2026. According to MarketBeat, Barclays lowered its target from USD 103.00 to USD 102.00 and maintained an underweight rating.

Three milestones frame the debate

The latest company timeline shows why valuation remains contested. On July 31, 2026, T. Rowe Price reported second-quarter revenue of USD 1.91 billion and diluted earnings per share of USD 2.57, with revenue up 10.7 percent year over year, according to MarketBeat. On October 12, 2026, the company announced September assets under management of USD 1.86 trillion, as reported by finanzen.at. Barclays' October 14 target cut is the most recent milestone.

What does the lower target mean?

The cut leaves Barclays' target USD 4.00 below the USD 106.00 target from JPMorgan and USD 5.00 below UBS' USD 107.00 target, both cited by MarketBeat. MarketBeat also described a consensus Reduce rating based on one Buy, ten Holds and three Sells, with an average target of USD 104.08. The contrast is clear: operating figures improved, while several analysts have trimmed valuation assumptions.

Scale remains central to valuation

T. Rowe Price managed USD 1.90 trillion in assets as of August 31, 2026, with equity assets of USD 910.0 billion, fixed-income assets of USD 225.0 billion and multi-asset assets of USD 699.0 billion. Its second-quarter net income attributable to common shareholders was USD 632.0 million, compared with USD 498.2 million in the first quarter of 2026. As of October 14, 2026, the company's market capitalization was USD 21.3 billion.

Price holds the investor lens

The euro quotation gives German investors a separate reference point from the US listing. T. Rowe Price stock was trading at EUR 89.52 at Lang & Schwarz on October 15, 2026 at 1:43 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of T. Rowe Price stock.