Should You Buy Franco-Nevada Corp (FNV) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/28
Not a good buy right now for a beginner long-term investor who wants to enter immediately. Franco-Nevada is in a strong uptrend, but the stock is extremely overbought (RSI ~90) and trading near resistance after a sharp run-up. With no proprietary buy signals today and near-term pattern odds skewing negative over the next week/month, the risk/reward for buying today is unfavorable even for long-term holders.
Technical Analysis
Trend is bullish: SMA_5 > SMA_20 > SMA_200 and MACD histogram is positive and expanding (2.548), confirming strong upside momentum. However, RSI_6 at ~90 signals an overbought/extended move. Price (270.58) is above R1 (265.274) and approaching R2 (273.729), implying limited immediate upside before resistance and an elevated chance of a pullback or consolidation. Key levels: support ~251.6 (pivot) then ~237.9 (S1); resistance ~273.7 (R2). Similar-pattern stats also skew modestly negative over 1 week and 1 month.
Analyst Ratings and Price Target Trends
Recent trend is mixed but generally constructive on metals: RBC upgraded to Outperform (PT $250), Scotiabank lifted PT to $283 (Sector Perform), BofA stayed Neutral with PT $261, while Canaccord downgraded to Hold (PT C$380) citing fair valuation. Wall Street 'pros' view: high-quality royalty model, dividend growth, potential upside from assets like Cobre Panama over 2026, and macro gold support. 'Cons' view: valuation/limited upside at current levels and more 'Hold/Neutral' stances than aggressive Buy calls. Politicians/congress: no recent congress trading data available; insiders are neutral with no significant recent trend.
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 USD and a high forecast of 270 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.
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 USD and a high forecast of 270 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.
Current: 267.640
Current: 267.640
