T. Rowe Price stock: Barclays cuts target to USD 102 for T. Rowe Price stock
Published on 10/24/2026 at 02:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTargets and reporting date
- Barclays cut its target from USD 103.00 to USD 102.00 on October 14, 2026.
- T. Rowe Price expects third-quarter results on October 29, 2026.
- The company reported USD 1.91 billion in second-quarter revenue and USD 2.57 adjusted earnings per share.
- T. Rowe Price had a USD 22.2 billion market capitalization as of October 23, 2026.
T. Rowe Price stock faces a lower Barclays target of USD 102.00 after the bank cut its view from USD 103.00 on October 14, 2026, according to MarketBeat. The underweight rating stayed unchanged, keeping analyst caution central ahead of the next results date.
Analyst caution meets a results date
The next reporting event is scheduled for October 29, 2026, before the US market opens. Barchart said analysts expected diluted earnings per share of USD 2.59 for the third quarter, down 7.80 percent from USD 2.81 a year earlier. The estimate gives investors a precise test for whether the asset manager can offset pressure on traditional mutual funds.
What sets the next test?
T. Rowe Price reported USD 1.91 billion in revenue and USD 2.57 in adjusted earnings per share for the second quarter of 2026, compared with USD 2.52 consensus earnings per share. Revenue increased 10.70 percent year over year, while the earnings comparison was stronger than the forecast by USD 0.05, according to MarketBeat. The coming report therefore has to reconcile stronger recent earnings with the USD 2.59 consensus estimate for the third quarter.
Three dated developments
On September 5, 2026, T. Rowe Price agreed to acquire F/m Investments, which had about USD 19.0 billion in assets under management, as reported by Simply Wall St. On September 19, the firm added three actively managed exchange-traded funds. On October 14, Barclays reduced its target to USD 102.00. Together, the events show a business expanding its product range while analysts remain focused on flows and fee pressure.
Next date for investors
The next substantiated company date is October 29, 2026, when T. Rowe Price is due to publish third-quarter results before the US market opens. The USD 2.59 consensus estimate and the USD 102.00 Barclays target frame the two immediate reference points for the announcement.
Market value and trading context
T. Rowe Price had a market capitalization of USD 22.2 billion as of October 23, 2026. Its primary listing is on the Nasdaq under ticker TROW, and the 52-week range was USD 85.22 to USD 122.00. The last Frankfurt quote stood at EUR 91.82 on October 23, 2026. The further course of trading is shown by the continuously updated real-time quote of T. Rowe Price stock.
T. Rowe Price stock key data
- Company: T. Rowe Price Group, Inc.
- ISIN: US74144T1088
- Ticker: TROW
- Primary exchange: Nasdaq
- Market capitalization: USD 22.2 billion (as of October 23, 2026)
- 52-week range: USD 85.22-122.00 (as of October 23, 2026)
- Sector / Industry: Financials / Asset management
Market context: Market report S&P 500.
