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Raymond James Financial, Inc. (RJF) Stock Analysis

Score B

Blue Chip · Grade B · Bearish

Financial Services · Asset Management

$152.99

Fair Value

$229.49

+50.0%

Conviction

10/10

Quality

B

Classification

Blue Chip

Investment Thesis

Price is above modeled value range. Quality supports holding but not attractive for new positions.

No strong signal in either direction.

For New Investors

Price above modeled value range

For Current Holders

Quantitative score: neutral

Buy if

  • Price drops 15-20% (improves asymmetry)
  • Bull scenario catalysts materialize
  • Market-wide correction creates opportunity

Sell if

  • Bear scenario triggers occur
  • Quality metrics deteriorate (ROIC declining)
  • Better alternatives emerge

Valuation

Fair Value estimate: $229.49 (+50.0%). Significantly undervalued. (Fair value adjusted: model estimate was outside reasonable range.)

PEG-Based EPS

$229.49

FCF DCF Model

$229.49

EV/EBITDA

$229.49

Blended Fair Value

$229.49

Confidence

High

Methods

PEG-Based EPS, FCF 2-Stage DCF, EV/EBITDA

Quality Analysis

B

89/120 points

Investable

ROE (3Y Avg)

17.3%

ROIC-WACC Spread

-1.4%

D/E Ratio

0.4x

Current Ratio

0.3x

Interest Coverage

2x

FCF Positive Years

2/3

Quality Flags

  • Financial sector: alternative quality assessment applied
  • Strong ROE: 17.3%

Market Sentiment

Wall Street Consensus

$169.00

+10.5% Upside

13 analysts

Range: $166.00$172.00

Rating: none

Our model aligns with Wall Street consensus.

Trend & Technical

Bearish

Price ($153.01) is 4.1% below SMA 200 ($159.55). Bearish trend. Caution on entry.

Technical Score46/100

Tech Score 46/100 — Weak technicals. Bearish bias in trend or momentum.

Risk & Reward

Asymmetry Ratio

4.64:1

Expected Return

+27.8%

Bull Upside

+46.4%

Bear Downside

-10.0%

Excellent asymmetry: 4.64:1 ratio. Upside significantly outweighs downside.

Verdict: Very Favorable

Scenario Analysis

Bear

Base

Bull

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Technical Analysis

RSI, MACD, moving averages, trend signals, and momentum indicators.

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Frequently Asked Questions

What is the fair value of RJF?

Based on our multi-method conviction analysis, the estimated fair value of Raymond James Financial, Inc. (RJF) is $229.49. This is calculated by blending PEG-Based EPS, FCF 2-Stage DCF, EV/EBITDA and applying a quality premium of 0% based on the company's fundamentals. The confidence level of this estimate is high.

Is RJF a buy, sell, or hold?

RJF currently has a HOLD rating with a conviction score of 10/10. Price is above modeled value range. Quality supports holding but not attractive for new positions. Price above modeled value range.

Is RJF a high-quality stock?

Raymond James Financial, Inc. has a quality grade of B (89/120 points), rated as Investable. Key metrics include ROE of 17.3%, ROIC-WACC spread of -1.4%, and D/E ratio of 0.4x.

What type of stock is RJF?

RJF is classified as a "blue_chip" in our framework. Low dividend (reinvesting): 1.4%, Low P/E: 14.4x, Moderate growth: 14.0%, Dividend paying: 1.4%, Strong ROE: 17.2%

What do Wall Street analysts say about RJF?

13 Wall Street analysts have a consensus price target of $169.00 for RJF, representing +10.5% upside. Targets range from $166.00 to $172.00. The consensus recommendation is "none". Our model aligns with Wall Street consensus.

What are the risks of investing in RJF?

The risk/reward asymmetry ratio for RJF is 4.64:1, rated as Very Favorable. Excellent asymmetry: 4.64:1 ratio. Upside significantly outweighs downside. The expected return is +27.8%, with bull case upside of +46.4% and bear case downside of -10.0%.

What is the current trend for RJF?

RJF is in a bearish trend. Price ($153.01) is 4.1% below SMA 200 ($159.55). Bearish trend. Caution on entry. The technical score is 46/100.

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Last updated: May 19, 2026 · Framework version 3.7

This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions.