Franco-Nevada Corp's stock increased by 3.00%, reaching a 20-day high, while the broader market showed mixed results with the Nasdaq-100 down 0.67% and the S&P 500 down 0.04%.
This rise is attributed to sector rotation as investors are shifting their focus towards companies with strong fundamentals in the precious metals sector, particularly in light of Wheaton Precious Metals' recent $670 million acquisition of a gold stream at the Spring Valley project, which highlights the growth potential in the industry.
The implications of this movement suggest that Franco-Nevada's diverse asset portfolio positions it well to capitalize on the increasing demand for precious metals, especially as market dynamics shift towards companies with robust cash flow and lower risk profiles.
Wall Street analysts forecast FNV stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for FNV is 236.43 USD with a low forecast of 210.00 USD and a high forecast of 270.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
Wall Street analysts forecast FNV stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for FNV is 236.43 USD with a low forecast of 210.00 USD and a high forecast of 270.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Buy
4 Hold
0 Sell
Moderate Buy
Current: 267.640
Low
210.00
Averages
236.43
High
270.00
Current: 267.640
Low
210.00
Averages
236.43
High
270.00
Scotiabank
Sector Perform
maintain
$225 -> $283
2026-01-26
New
Reason
Scotiabank
Price Target
$225 -> $283
AI Analysis
2026-01-26
New
maintain
Sector Perform
Reason
Scotiabank raised the firm's price target on Franco-Nevada to $283 from $225 and keeps a Sector Perform rating on the shares. The firm is updating its price targets for Gold & Precious Minerals stocks under its coverage, the analyst tells investors. The firm has increased both gold and silver forecasts, supported by economic and geopolitical uncertainty as well as strong central bank buying.
Canaccord
Buy
to
Hold
downgrade
$380
2026-01-23
Reason
Canaccord
Price Target
$380
2026-01-23
downgrade
Buy
to
Hold
Reason
Canaccord downgraded Franco-Nevada to Hold from Buy with a C$380 price target.
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Canaccord
Buy
to
Hold
downgrade
$350 -> $380
2026-01-23
Reason
Canaccord
Price Target
$350 -> $380
2026-01-23
downgrade
Buy
to
Hold
Reason
As previously reported, Canaccord downgraded Franco-Nevada to Hold from Buy with a price target of C$380, up from C$350. Franco-Nevada had "a solid 2025," says the analyst, who expects Franco's GEOs to increase about 9% versus 2025, but views shares as "relatively fairly valued at these levels."
BofA
Lawson Winder
Neutral
maintain
$241 -> $261
2026-01-19
Reason
BofA
Lawson Winder
Price Target
$241 -> $261
2026-01-19
maintain
Neutral
Reason
BofA analyst Lawson Winder raised the firm's price target on Franco-Nevada to $261 from $241 and keeps a Neutral rating on the shares. The firm raise increased targets across the North American precious metals group. Many of the macro drivers that pushed gold prices higher "have intensified," the analyst tells investors in a research note. BofA expects company capital returns in Q4 to be strong.
About FNV
Franco-Nevada Corporation is a Canada-based gold-focused royalty and streaming company. The Company’s segments include precious metals, other mining and energy. The Company’s portfolio is diversified by commodity, geography and asset. Its assets include Candelaria, Antapaccay, Antamina, Condestable, Tocantinzinho, Cerro Moro, Salares Norte, Cascabel (Alpala), Posse (Mara Rosa), CentroGold (Gurupi), Calcatreu, and San Jorge. Its other mining assets include NuevaUnion, Taca Taca, Caserones, Copper World Project, Ring of Fire, Mt Keith, Crawford, Robinson, EaglePicher, Copper World Project, and Milpillas. Its United States assets include Stillwater, Goldstrike, Gold Quarry, Marigold, Bald Mountain, South Arturo, Mesquite, Castle Mountain, Stibnite Gold, Sterling, Granite Creek (Pinson) and Arthur Gold Project. Its Canadian assets include Detour Lake, Sudbury, Hemlo, Brucejack, Macassa (Kirkland Lake), Dublin Gulch (Eagle), Musselwhite, and Timmins West.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
