Royal Gold Inc saw a price increase of 3.07%, reaching a 20-day high. This movement aligns with the overall positive performance in the market, particularly with the Nasdaq-100 and S&P 500 both showing gains.
The Zacks Mining - Gold industry is experiencing significant growth, with gold prices surging nearly 60% this year due to geopolitical uncertainty and central bank purchases. This trend is expected to continue, driven by demand-supply imbalances, making gold mining stocks like Royal Gold attractive.
As the gold mining sector outperforms the broader market, investors are optimistic about the future prospects of companies like Royal Gold, which are implementing cost management strategies to sustain profit margins amid rising production costs.
Wall Street analysts forecast RGLD stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for RGLD is 253.11 USD with a low forecast of 205.00 USD and a high forecast of 280.00 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.
9 Analyst Rating
Wall Street analysts forecast RGLD stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for RGLD is 253.11 USD with a low forecast of 205.00 USD and a high forecast of 280.00 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.
7 Buy
1 Hold
1 Sell
Moderate Buy
Current: 301.210
Low
205.00
Averages
253.11
High
280.00
Current: 301.210
Low
205.00
Averages
253.11
High
280.00
Scotiabank
Outperform
to
Sector Perform
downgrade
$335
2026-01-26
New
Reason
Scotiabank
Price Target
$335
AI Analysis
2026-01-26
New
downgrade
Outperform
to
Sector Perform
Reason
Scotiabank downgraded Royal Gold to Sector Perform from Outperform with a $335 price target.
BofA
Underperform
maintain
$235 -> $265
2026-01-19
Reason
BofA
Price Target
$235 -> $265
2026-01-19
maintain
Underperform
Reason
BofA raised the firm's price target on Royal Gold to $265 from $235 and keeps an Underperform 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.
Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for RGLD
Unlock Now
BofA
Underperform
downgrade
$205 -> $203
2025-11-24
Reason
BofA
Price Target
$205 -> $203
2025-11-24
downgrade
Underperform
Reason
BofA lowered the firm's price target on Royal Gold to $203 from $205 and keeps an Underperform rating on the shares. The firm is refreshing its price forecasts for North American Metals & Mining stocks under its coverage, the analyst tells investors. The firm sees the macro backdrop as challenging due to China's slowing commodity demand but notes this may be offset by a rebound in demand in U.S. and Europe.
BofA
Underperform
maintain
$203 -> $205
2025-11-24
Reason
BofA
Price Target
$203 -> $205
2025-11-24
maintain
Underperform
Reason
BofA raised the firm's price target on Royal Gold to $205 from $203 and keeps an Underperform rating on the shares. The firm is refreshing its price forecasts for North American Metals & Mining stocks under its coverage, the analyst tells investors. The firm sees the macro backdrop as challenging due to China's slowing commodity demand but notes this may be offset by a rebound in demand in U.S. and Europe.
About RGLD
Royal Gold, Inc. is a high-margin, large-capitalization company that generates cash flows from a large and well-diversified portfolio of precious metal streams, royalties and similar production-based interests located in mining-friendly jurisdictions. It owns a large portfolio of producing, development, evaluation and exploration stage streams and royalties on properties located in gold regions and operated by companies in the mining industry. Its Acquisition and Management of Stream Interests segment includes a metal stream, which is a purchase agreement that provides the right to purchase all or a portion of one or more metals produced from a mine, at a price determined for the life of the transaction by the purchase agreement. Its Acquisition and Management of Royalty Interests segment includes non-operating interests in mining projects that provide the right to revenue or metals produced from the project after deducting specified costs, if any.
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.
