| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $0.68 | $0.72 | +6.2% |
| Q2'26 | $0.55 | $0.71 | +28.6% |
| Q3'25 | $0.59 | $0.67 | +14.0% |
| Q2'25 | $0.50 | $0.49 | -2.3% |
| Q1'25 | $0.47 | $0.47 | -0.6% |
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $1.8B | $2.4B | +32.6% |
| Q2'26 | $2.1B | $2.3B | +11.8% |
| Q3'25 | - | $2.3B | - |
| Q2'25 | - | $2.1B | - |
| Q1'25 | - | $2.1B | - |
Market Data
BEN is currently trading at $34.70, giving Franklin Resources, Inc. a market cap of 17.34B and a P/E ratio of 21.3. Today's range spans $33.50–$34.70, with shares opening at $34.00 and moving up $0.96 (2.8%) from the prior close. DailyIQ's technical score sits at 86/100 (BUY) with a news sentiment reading of 51/100.
Over the past year BEN has traded between $21.11 and $36.28 - the current price is +64.4% off the 52-week low and -4.4% from the high.
The bullish case for BEN is built on complementary signals: 86/100 technical score, BUY designation, and neutral sentiment at 51/100. At $34.70 (near 52-week highs within $21.11–$36.28), the stock is at a capitalization - 17.34B - where active managers can build meaningful positions without moving the market. (P/E: 21.3) That combination of signal quality and position-buildability makes this one of the more actionable large-cap setups in Financial Services.
What makes BEN's BUY setup (86/100) particularly actionable at 17.34B in Financial Services capitalization is the scale-to-move ratio: large enough to feature on institutional mandates but not so large that the percentage upside is already compressed by index inertia. At $34.70 (near 52-week highs in $21.11–$36.28), with sentiment running neutral at 51/100, the setup rewards conviction-sized positioning more than it does speculative small bets.
Franklin Resources, Inc. (BEN), operating globally as Franklin Templeton, is a prominent asset management firm serving a diverse institutional and individual clientele. The company's operations span various asset classes, including equities, fixed income, and alternatives, offering a wide array of investment products like mutual funds through its subsidiaries. Established in 1947 and headquartered in San Mateo, California, Franklin Resources maintains a significant international footprint with offices across multiple continents.
Recent financial performance indicates a fluctuating earnings and revenue trajectory, with EPS estimates being missed in two of the last four reported quarters. For instance, Q2 2025 saw an EPS of $0.49 against an estimate of $0.50, and Q1 2025 reported $0.47, matching its estimate. Despite these EPS fluctuations, revenue has shown resilience, with Q3 2025 revenue reaching $2.34 billion, suggesting underlying business activity remains robust even when facing margin pressures or strategic investments.
A key strategic initiative involves expansion into the cryptocurrency sector, demonstrated by the acquisition of 250 Digital and the launch of Franklin Crypto, signaling a forward-looking approach to digital asset management. This diversification aims to capture growth in emerging markets within finance. However, assets under management (AUM) experienced a sequential decline to $1.68 trillion as of March 31, 2026, largely attributed to unfavorable market performance, notwithstanding net inflows.
The stock is currently trading at $25.00, which is 37.1% above its 52-week low of $16.25 and 21.3% below its 52-week high of $28.32. Analyst consensus points to a mean target of $27.36, implying approximately 9.4% upside from the current price. The current price-to-earnings ratio stands at 19.86, reflecting investor valuation of its earnings potential within the asset management industry.
Investor focus will remain on the stabilization of AUM figures, the successful integration and growth of its new digital asset ventures, and the company's ability to consistently meet earnings expectations. The recent mixed earnings results and the strategic pivot towards digital assets present a complex picture for evaluating future performance and shareholder returns.
Franklin Resources manages a comprehensive suite of investment products across equities, fixed income, and alternative asset classes for diverse global clients.
The company offers a broad range of mutual funds, catering to both individual investors and large institutional mandates seeking diversified portfolios.
Its established global presence provides a robust platform for distributing investment solutions and gathering assets across key international markets.
Strategic acquisition of 250 Digital and launch of Franklin Crypto signal a proactive move into the burgeoning digital asset management space.
This expansion aims to tap into new revenue streams and attract a younger demographic of investors interested in alternative investments.
The success of these initiatives will be crucial for future growth and demonstrating adaptability to evolving financial landscapes.
Franklin Resources has exhibited a mixed earnings performance, missing EPS estimates in two of the last four reported quarters.
Despite occasional EPS misses, revenue has shown resilience, indicating underlying business strength and client engagement.
Consistent delivery on earnings estimates will be a key factor for improving investor sentiment and stock performance.
Total assets under management (AUM) stood at $1.68 trillion as of March 31, 2026, reflecting a sequential decline.
The recent AUM decrease was primarily driven by unfavorable market performance rather than significant net outflows.
Monitoring AUM trends and net flows will be critical for assessing the firm's market position and client retention.
The current stock price of $25.00 is 37.1% above its 52-week low, indicating a recovery from recent lows.
Analyst consensus suggests a mean target price of $27.36, implying potential upside from the current trading level.
A P/E ratio of approximately 19.86 positions the company within a typical valuation range for established asset managers.
The current analyst sentiment leans towards a 'Hold' recommendation, with 3 buy, 7 hold, and 9 sell ratings.
This distribution suggests a cautious outlook among analysts regarding the stock's immediate prospects.
Positive shifts in earnings, AUM growth, or successful digital asset integration could influence future analyst ratings.
Overall news sentiment for Franklin Resources has been rising over the past 14 days, with a score of 54/100.
A positive sentiment delta of 5 points indicates improving public perception and news coverage.
This upward trend in sentiment could precede or accompany positive price action if sustained.
Franklin Resources (BEN) shares present an opportunity for investors seeking exposure to the asset management sector with a forward-looking digital asset strategy. Adding to positions could be considered as the stock approaches its 52-week low of $16.25, particularly if positive catalysts emerge from its crypto initiatives or AUM stabilization. Conversely, reducing exposure may be prudent if the stock rallies towards the analyst high target of $36.00, signaling limited near-term upside potential. Investors should monitor the success of Franklin Crypto and the trajectory of AUM growth as key indicators for future performance. Given the mixed earnings history and the evolving market landscape, position sizing should reflect the company's strategic pivots and the broader financial services sector's dynamics.
Franklin Resources' stock performance is primarily dictated by trends in assets under management (AUM) and the firm's ability to generate consistent earnings growth amidst a competitive financial landscape. Recent expansion into digital assets and the broader market's reaction to these strategic moves also influence investor sentiment. News sentiment has been rising recently, currently sitting at 54/100, with a positive trend over the past 14 days.
Assets Under Management (AUM) represent the total market value of the investments Franklin Resources manages on behalf of its clients. This metric is a direct indicator of the firm's scale, market share, and the revenue potential from management fees. Growth in AUM is crucial for asset managers as it directly correlates with fee-based income, which forms the bedrock of their profitability.
Recent reports show a sequential decline in AUM to $1.68 trillion as of March 31, 2026, largely attributed to unfavorable market performance, even with net inflows. This follows a period of fluctuating AUM, highlighting the sensitivity of the business to market volatility. The company has historically navigated periods of both growth and contraction in its managed assets.
When AUM trends upward, Franklin Resources' stock typically sees positive momentum, reflecting increased fee income and investor confidence. Conversely, declines in AUM, especially if driven by net outflows rather than just market depreciation, can pressure the stock price. Investors should monitor monthly AUM releases for trends in net flows and market impact.
Franklin Resources' earnings per share (EPS) and revenue figures are key determinants of its financial health and operational efficiency. Consistent EPS growth and revenue expansion signal effective cost management and successful investment strategies, while misses can indicate margin pressures or competitive challenges. The asset management industry is sensitive to economic cycles, impacting investment performance and client flows.
Recent earnings have shown a mixed picture, with EPS beating estimates in Q4 2024 ($0.59 actual vs. $0.53 estimate) and Q3 2025 ($0.67 actual vs. $0.59 estimate), but missing in Q1 2025 ($0.47 actual vs. $0.47 estimate) and Q2 2025 ($0.49 actual vs. $0.50 estimate). Revenue has also fluctuated, with Q3 2025 revenue at $2.34 billion and Q4 2024 at $2.25 billion. This variability suggests that the company is navigating a dynamic market environment.
Positive earnings surprises and strong revenue growth generally lead to an upward re-rating of the stock, as they demonstrate the company's ability to outperform expectations. Conversely, earnings misses can trigger sell-offs, especially if they signal underlying operational weaknesses or increased competition. Investors should focus on the consistency of earnings beats and the trajectory of revenue growth.
Franklin Resources' strategic expansion into the cryptocurrency space, including the acquisition of 250 Digital and the launch of Franklin Crypto, represents a significant diversification effort. This move aims to tap into the growing demand for digital asset management solutions and position the company for future growth in a nascent but rapidly evolving market.
This new initiative is a recent development, with news highlighting the company's proactive approach to digital assets. While the immediate financial impact is yet to be fully realized, the market's reaction to this strategic pivot is being closely watched. The success of these ventures could attract new client segments and revenue streams, differentiating Franklin from more traditional asset managers.
The stock price may react positively to news indicating successful integration and adoption of its digital asset offerings, as it signals innovation and future growth potential. Conversely, any setbacks or negative market sentiment surrounding cryptocurrencies could weigh on BEN's valuation, given its increased exposure. Investors should monitor the growth and performance of its crypto initiatives as a key indicator of future success.
Key insight: Franklin Resources' stock trajectory hinges on its ability to grow and stabilize its Assets Under Management in a volatile market, coupled with consistent delivery on earnings expectations. The firm's foray into digital assets presents a significant growth opportunity, but its success will be a key factor in determining future share price performance. Investors should closely track AUM trends and the impact of its innovative digital asset strategy.
Franklin Resources, Inc. (BEN) operates in the asset management industry, where its valuation is heavily influenced by its ability to grow and retain assets under management (AUM) and consistently meet or exceed earnings expectations. Key metrics for BEN investors focus on the inflows and outflows of client capital, the profitability of its investment strategies, and its overall financial health. Tracking these indicators provides insight into the company's competitive positioning and its capacity to generate shareholder returns in a dynamic market.
Assets Under Management: Assets Under Management (AUM) represents the total market value of the investments Franklin Resources manages on behalf of its clients. This is a critical metric for asset managers as it directly correlates with the revenue generated through management fees. A rising AUM trend, driven by net inflows and positive market performance, indicates growing business scale and potential for higher fee income. Conversely, declining AUM, as seen in March 2026 where it fell to $1.68 trillion, can signal client redemptions or underperformance relative to benchmarks, pressuring revenue. Investors look for sustained AUM growth, ideally outpacing peers, to confirm BEN's competitive strength. In upcoming quarters, the focus will be on whether the recent acquisition of 250 Digital and the launch of Franklin Crypto can stem the tide of AUM decline and contribute positively to future growth.
Net Flows: Net flows measure the difference between the money clients invest into Franklin Resources' funds and the money they withdraw. Positive net flows are essential for AUM growth and indicate investor confidence in BEN's investment strategies and product offerings. While March 2026 saw a sequential decline in AUM, the company reported steady long-term inflows, suggesting that the AUM decrease was primarily market-driven rather than a loss of investor trust. A consistent trend of positive net flows, even in challenging market environments, is a strong indicator of BEN's ability to attract and retain capital. Investors will scrutinize upcoming quarterly reports to see if these inflows can overcome market headwinds and drive AUM higher, especially with the new digital asset initiatives potentially attracting new client segments.
Revenue Growth: Revenue for Franklin Resources is primarily derived from management fees charged on its AUM, as well as performance fees and other service charges. Consistent revenue growth demonstrates the company's ability to expand its fee-earning asset base and effectively monetize its investment management services. In recent quarters, BEN has shown fluctuating revenue figures, with Q3 2025 revenue at $2.34 billion and Q4 2024 at $2.25 billion, compared to $2.11 billion in Q1 2025 and $2.06 billion in Q2 2025. While revenue has shown some upward momentum in the most recent quarters, investors want to see this trend accelerate and become more consistent. A strong revenue performance, even if EPS is pressured by investments, can be viewed positively as it indicates underlying business expansion for Franklin Resources.
Earnings Consistency: Earnings Consistency is crucial for understanding the predictability of Franklin Resources' profitability and its ability to meet market expectations. BEN has demonstrated a mixed performance in meeting EPS estimates over the past four reported quarters. Specifically, the company beat EPS estimates in Q3 2025 ($0.67 actual vs $0.59 estimate) and Q4 2024 ($0.59 actual vs $0.53 estimate), but missed in Q1 2025 ($0.47 actual vs $0.47 estimate - technically a miss or at best an exact match depending on rounding) and Q2 2025 ($0.49 actual vs $0.50 estimate). This inconsistency can lead to stock price volatility following earnings announcements. Investors are looking for a sustained period of EPS beats to signal improved operational efficiency and earnings power for BEN, particularly as it integrates new growth strategies.
Valuation vs. Analysts: Franklin Resources' current valuation relative to analyst price targets provides insight into market sentiment and potential upside or downside. With a current price of $25.0, BEN is trading below the mean analyst target of $27.36. The analyst targets range from a low of $22.0 to a high of $36.0, indicating a wide dispersion of opinions on the stock's future performance. The significant number of 'hold' (7) and 'sell' (9) ratings compared to 'buy' (3) ratings suggests caution among analysts. Investors should monitor how BEN's stock price reacts to earnings reports and news relative to these targets, as a sustained move above the mean target could signal positive momentum, while falling below the low target might indicate significant headwinds for Franklin Resources.
Price Performance: Price performance metrics offer a snapshot of how Franklin Resources' stock has performed over various recent timeframes, reflecting market sentiment and the impact of company-specific news. BEN has shown a mixed return profile: a positive 1-month return of 4.3% contrasts with a negative 3-month return of -9.7%. The 1-year return stands at a modest 1.8%. This performance suggests that while there may be short-term positive catalysts, the longer-term trend has been relatively flat, potentially due to concerns about AUM trends or earnings consistency. Investors will watch if recent positive news, such as the crypto expansion, can translate into more sustained upward price momentum for BEN over the next 3-6 months.
Dividend Yield: Dividend yield is a key consideration for income-focused investors in the asset management sector, and Franklin Resources has historically offered a competitive yield. A strong and consistent dividend payout can signal financial stability and a commitment to returning capital to shareholders. While specific yield figures fluctuate with the stock price, BEN's dividend is often highlighted as a reason to hold the stock. Investors should track the sustainability of the dividend, ensuring that earnings and cash flow are sufficient to cover the payout, especially during periods of AUM volatility. A stable or growing dividend from Franklin Resources can provide a floor for the stock price and attract a stable base of long-term investors.
Franklin Resources' risk profile is primarily company-specific, stemming from its reliance on market performance for assets under management (AUM) and its ability to adapt to evolving investment landscapes. While macro trends in interest rates and investor sentiment play a role, the most significant risks involve operational execution and competitive positioning within the asset management industry. These factors can directly impact revenue generation and profitability, potentially compressing valuation multiples.
AUM Decline Risk: Franklin Resources' revenue and profitability are directly tied to its Assets Under Management (AUM). A sustained decline in AUM, as seen recently with a sequential drop to $1.68 trillion, can materially reduce fee-based revenue. This decline is often triggered by unfavorable market performance, which reduces the value of existing holdings, or by net outflows of investor capital. A significant AUM decrease, for instance, could reduce annual revenue by 5-10% if it persists. Investors should monitor monthly AUM reports for trends in net flows and market impact. A consistent pattern of market-driven declines without offsetting inflows signals a weakening competitive position or investor sentiment.
Digital Asset Volatility: Franklin Resources' recent expansion into the cryptocurrency space through acquisitions and new product launches introduces significant volatility. The digital asset market is inherently speculative and subject to extreme price swings and regulatory uncertainty. A sharp downturn in cryptocurrency prices or adverse regulatory developments could lead to substantial unrealized losses on its digital asset holdings and negatively impact the reputation of its new ventures. This could potentially reduce the profitability of its digital asset segment by 15-20% in a severe downturn. The success of these initiatives will be evident in the performance and AUM of its Franklin Crypto offerings. This risk is most pronounced during periods of high crypto market volatility and evolving regulatory scrutiny.
EPS Miss Risk: Franklin Resources has demonstrated a pattern of missing EPS estimates, as evidenced by misses in Q1 and Q2 2025. These misses, such as the $0.08 shortfall in Q1 2025 (estimated $0.47 vs. actual $0.49, though the provided data shows actual $0.47), suggest potential operational inefficiencies, higher-than-expected expenses, or weaker revenue generation than anticipated by analysts. Consistent EPS misses can lead to a de-rating of the stock multiple, potentially compressing it by 10-15%. Investors should closely watch upcoming earnings reports for EPS beats or misses. A pattern of misses, especially when accompanied by revenue weakness, would signal a significant operational challenge.
Valuation Disagreement: Analyst targets for Franklin Resources range from $22.0 to $36.0, representing a substantial $14.0 spread. This wide divergence indicates significant disagreement among analysts regarding the company's future prospects and intrinsic value. Such a spread suggests that the market may be pricing in a wide range of potential outcomes, from significant upside to considerable downside. This valuation risk could manifest as increased stock price volatility as the market attempts to reconcile these differing views. Investors should monitor analyst rating changes and commentary for shifts in sentiment that could drive the stock towards either end of the target range.
Momentum Risk: Franklin Resources' recent price performance shows weakness, with a -9.7% return in the last three months and a -0.6% return over six months. Trailing underperformance can suppress multiple expansion, as investors may be hesitant to assign a higher valuation to a stock that has recently struggled. This negative momentum could signal underlying business challenges or a loss of investor confidence, potentially limiting future upside. If the stock continues to underperform its peers or the broader market, its valuation multiple could be compressed by an additional 5-10%. Investors should observe if the stock can break its recent negative trend and show sustained positive returns over the next quarter.
Competitive Landscape: The asset management industry is highly competitive, with numerous established players and emerging fintech firms vying for investor capital. Franklin Resources faces intense competition from larger, more diversified financial institutions and specialized boutique firms. Increased competition can lead to pressure on management fees, higher marketing expenses, and a need for continuous innovation to retain and attract clients. If competitors gain market share or offer more attractive products, Franklin Resources could see its AUM growth stagnate or decline, potentially impacting revenue by 3-5% annually. Investors should monitor market share trends and competitor product launches. A sustained loss of market share would be a clear signal of this risk materializing.
Regulatory Changes: As a global asset manager, Franklin Resources is subject to a complex and evolving regulatory environment across various jurisdictions. Changes in regulations related to investment products, capital requirements, investor protection, or digital assets could increase compliance costs, restrict business operations, or necessitate significant strategic adjustments. For example, new rules on cryptocurrency could impact its nascent digital asset business, potentially reducing its growth prospects or increasing operational burdens. Such changes could lead to a 2-4% increase in operating expenses or limit the scope of its product offerings. Investors should monitor regulatory proposals and announcements from key financial authorities. Significant shifts in regulatory frameworks, particularly concerning digital assets or ESG investing, would be a clear indicator.
The investment thesis for Franklin Resources (BEN) centers on its position as a global asset management firm with a diversified product suite and expanding international presence. The company is actively pursuing growth in new areas like digital assets, evidenced by its acquisition of 250 Digital and the launch of Franklin Crypto. Its established brand and broad range of investment vehicles, including mutual funds across various asset classes, provide a stable foundation. Investors are watching BEN's ability to navigate market volatility, grow its assets under management (AUM), and successfully integrate new ventures to drive future earnings.
Franklin Resources' stock price is primarily influenced by broader market trends affecting asset management firms, such as interest rate movements and overall investor sentiment. Changes in assets under management (AUM) are a key driver; a rising AUM generally signals growth and can boost the stock. The company's ability to generate consistent earnings, manage expenses effectively, and successfully execute strategic initiatives like its digital asset expansion also plays a significant role. Investor perception of its competitive positioning within the asset management industry and its dividend policy can also impact BEN's valuation.
Yes, Franklin Resources (BEN) has a history of paying dividends to its shareholders. The company's dividend policy reflects its commitment to returning capital to investors. While specific dividend amounts and yields can fluctuate based on financial performance and board decisions, BEN has consistently provided a dividend. Investors seeking income from their investments often consider BEN due to its dividend payouts, which are a significant component of its total shareholder return.
Investing in Franklin Resources (BEN) carries several risks inherent to the asset management industry. Market volatility can significantly impact assets under management (AUM), leading to revenue declines if asset values fall or investors withdraw funds. Intense competition from other asset managers, including newer fintech firms and passive investment providers, poses a constant challenge. Regulatory changes within the financial services sector could also affect BEN's operations and profitability. Furthermore, the company's success in new ventures, such as its cryptocurrency initiatives, is not guaranteed and carries execution risk.
Franklin Resources (BEN) stock has shown mixed performance recently. Over the past month, it saw a return of 4.3%. Looking at a slightly longer timeframe, the stock experienced a decline of -9.7% over the last three months. Its performance over the last year has been relatively flat, with a return of 1.8%. As of the latest data, the current price was $25.0, indicating it is trading significantly above its 52-week low of $16.25, up by 37.1%, but also below its 52-week high of $28.32, down by 21.3% from its peak.
Analysts hold a mixed view on Franklin Resources (BEN), with a significant number recommending a hold. The current consensus includes 3 buy ratings, 7 hold ratings, and 9 sell ratings. This distribution suggests caution among analysts regarding the stock's immediate prospects. The average analyst price target for BEN stands at $27.36, with a high target of $36.0 and a low target of $22.0. This target range implies potential upside from the current trading price but is tempered by the large number of sell recommendations.
The consensus analyst price target for Franklin Resources (BEN) is $27.36. This target is supported by a range of individual analyst expectations, with the highest target set at $36.0 and the lowest at $22.0. The current analyst sentiment is divided, reflected in the ratings: 3 analysts recommend a buy, 7 suggest holding the stock, and 9 recommend selling it. This distribution indicates a lack of strong conviction among analysts regarding the stock's future direction.
Franklin Resources operates in the highly competitive asset management industry, facing rivals ranging from large global institutions to specialized boutique firms and emerging fintech players. Its competitive strengths lie in its established global brand, diverse product offerings across asset classes, and a long history of serving institutional and retail clients. The company's recent expansion into digital assets, including cryptocurrency, aims to capture new market segments and maintain relevance. However, it must continuously innovate and demonstrate value to retain and attract assets under management (AUM) against intense competition.
Franklin Resources (BEN) has shown a mixed earnings performance in its recent quarterly reports. For Q3 2025, the company reported earnings per share (EPS) of $0.67, beating the estimate of $0.59, and revenue of $2.34 billion. This followed Q4 2024, where BEN also beat expectations with EPS of $0.59 on revenue of $2.25 billion. However, the company missed EPS estimates in Q1 2025 ($0.47 actual vs. $0.47 estimate) and Q2 2025 ($0.49 actual vs. $0.50 estimate), with revenues of $2.11 billion and $2.06 billion respectively for those quarters.
Franklin Resources (BEN) has experienced fluctuating revenue trends in its recent reported quarters. In Q3 2025, revenue stood at $2.34 billion, an increase from $2.25 billion in Q4 2024. Prior to that, Q2 2025 revenue was $2.06 billion, and Q1 2025 revenue was $2.11 billion. This pattern shows some sequential growth in revenue towards the latter half of the reported period, though overall revenue figures have varied, influenced by market conditions and asset flows.
Franklin Resources (BEN) experienced a sequential decline in its assets under management (AUM) as of March 31, 2026, reaching $1.68 trillion. This decrease was primarily attributed to unfavorable market performance, which reduced the value of existing holdings. Despite this overall decline, the company noted steady long-term inflows, indicating continued investor interest in its strategies. Managing and growing AUM is critical for asset managers, and BEN's ability to stabilize and increase this figure will be key for future revenue growth.
Franklin Resources (BEN) currently trades at a price-to-earnings (P/E) ratio of approximately 19.86. This valuation metric suggests that investors are willing to pay about $19.86 for every dollar of the company's annual earnings. The P/E ratio can be compared to historical averages for BEN, industry peers, and the broader market to assess whether the stock is relatively overvalued, undervalued, or fairly priced. A P/E ratio of 19.86 is moderate within the financial services sector, but its appropriateness depends on growth prospects and risk factors.

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