Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Franklin Resources Inc has a consensus price target of $27.56 based on the ratings of 16 analysts. The high is $37 issued by TD Cowen on April 29, 2026. The low is $19 issued by Deutsche Bank on November 5, 2024. The 3 most-recent analyst ratings were released by Morgan Stanley, JP Morgan, and TD Cowen on May 6, 2026, April 29, 2026, and April 29, 2026, respectively. With an average price target of $33 between Morgan Stanley, JP Morgan, and TD Cowen, there's an implied -0.54% downside for Franklin Resources Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Franklin Resources (NYSE:BEN) was reported by Morgan Stanley on May 6, 2026. The analyst firm set a price target for $31.00 expecting BEN to fall to within 12 months (a possible -6.57% downside). 27 analyst firms have reported ratings in the last year.
The latest analyst rating for Franklin Resources (NYSE:BEN) was provided by Morgan Stanley, and Franklin Resources upgraded their equal-weight rating.
The last upgrade for Franklin Resources Inc happened on May 6, 2026 when Morgan Stanley raised their price target to $31. Morgan Stanley previously had an underweight for Franklin Resources Inc.
There is no last downgrade for Franklin Resources.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Franklin Resources, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Franklin Resources was filed on May 6, 2026 so you should expect the next rating to be made available sometime around May 6, 2027.
While ratings are subjective and will change, the latest Franklin Resources (BEN) rating was a upgraded with a price target of $21.00 to $31.00. The current price Franklin Resources (BEN) is trading at is $33.18, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
Data & APIs: Benzinga APIs · Stock News API · Analyst Ratings API · Company Logo API
Market data provided by Benzinga APIs
A newsletter built for market enthusiasts by market enthusiasts. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.

| Buy Now | Get Alert | ||||||
|---|---|---|---|---|---|---|---|
| 05/06/2026 | Buy Now | -6.57% | Morgan Stanley | $21 → $31 | Upgrade | Underweight → Equal-Weight | Get Alert |
| 04/29/2026 | Buy Now | -6.57% | JP Morgan | $28 → $31 | Maintains | Neutral | Get Alert |
| 04/29/2026 | Buy Now | 11.51% | TD Cowen | $33 → $37 | Maintains | Buy | Get Alert |
| 04/29/2026 | Buy Now | 2.47% | Goldman Sachs | $30.5 → $34 | Maintains | Buy | Get Alert |
| 04/29/2026 | Buy Now | -15.61% | Evercore ISI Group | $27 → $28 | Maintains | Underperform | Get Alert |
| 04/29/2026 | Buy Now | -6.57% | Barclays | $26 → $31 | Upgrade | Underweight → Equal-Weight | Get Alert |
| 04/17/2026 | Buy Now | -21.64% | Barclays | $25 → $26 | Maintains | Underweight | Get Alert |
| 04/10/2026 | Buy Now | -18.63% | Evercore ISI Group | $28 → $27 | Maintains | Underperform | Get Alert |
| 02/03/2026 | Buy Now | -33.69% | Morgan Stanley | $21 → $22 | Maintains | Underweight | Get Alert |
| 02/02/2026 | Buy Now | -15.61% | Evercore ISI Group | $26 → $28 | Maintains | Underperform | Get Alert |
| 01/15/2026 | Buy Now | -24.65% | Barclays | $22 → $25 | Maintains | Underweight | Get Alert |
| 01/14/2026 | Buy Now | -9.58% | TD Cowen | $31 → $30 | Maintains | Buy | Get Alert |
| 12/12/2025 | Buy Now | -33.69% | Barclays | $20 → $22 | Maintains | Underweight | Get Alert |
| 11/10/2025 | Buy Now | -24.65% | JP Morgan | $26 → $25 | Maintains | Neutral | Get Alert |
| 10/21/2025 | Buy Now | -39.72% | Barclays | $23 → $20 | Maintains | Underweight | Get Alert |
| 10/09/2025 | Buy Now | -30.68% | Evercore ISI Group | $25 → $23 | Maintains | Underperform | Get Alert |
| 10/03/2025 | Buy Now | -21.64% | BMO Capital | → $26 | Initiates | → Outperform | Get Alert |
| 10/02/2025 | Buy Now | -33.69% | B of A Securities | $19 → $22 | Maintains | Underperform | Get Alert |
| 08/12/2025 | Buy Now | -36.71% | Morgan Stanley | $20 → $21 | Maintains | Underweight | Get Alert |
| 08/04/2025 | Buy Now | -12.6% | JP Morgan | $22 → $29 | Maintains | Neutral | Get Alert |
| 08/04/2025 | Buy Now | -24.65% | Evercore ISI Group | $24 → $25 | Maintains | Underperform | Get Alert |
| 08/04/2025 | Buy Now | -30.68% | Barclays | $20 → $23 | Maintains | Underweight | Get Alert |
| 07/16/2025 | Buy Now | -39.72% | Barclays | $19 → $20 | Maintains | Underweight | Get Alert |
| 07/11/2025 | Buy Now | -21.64% | Wells Fargo | $21.5 → $26 | Maintains | Equal-Weight | Get Alert |
| 07/10/2025 | Buy Now | -33.69% | JP Morgan | $18 → $22 | Maintains | Neutral | Get Alert |
| 07/02/2025 | Buy Now | -42.74% | Morgan Stanley | $14 → $19 | Maintains | Underweight | Get Alert |
| 06/27/2025 | Buy Now | -12.6% | Goldman Sachs | → $29 | Upgrade | Neutral → Buy | Get Alert |
| 05/05/2025 | Buy Now | -35.2% | Goldman Sachs | $19 → $21.5 | Maintains | Neutral | Get Alert |
| 05/05/2025 | Buy Now | -42.74% | Barclays | $17 → $19 | Maintains | Underweight | Get Alert |
| 05/05/2025 | Buy Now | -35.2% | Wells Fargo | $20 → $21.5 | Maintains | Equal-Weight | Get Alert |
| 04/16/2025 | Buy Now | -48.76% | Barclays | $22 → $17 | Maintains | Underweight | Get Alert |
| 04/14/2025 | Buy Now | -42.74% | Goldman Sachs | $21.5 → $19 | Maintains | Neutral | Get Alert |
| 04/11/2025 | Buy Now | -48.76% | Evercore ISI Group | $19 → $17 | Maintains | Underperform | Get Alert |
| 04/09/2025 | Buy Now | -47.26% | TD Cowen | $20 → $17.5 | Maintains | Hold | Get Alert |
| 04/08/2025 | Buy Now | -39.72% | Wells Fargo | $24 → $20 | Maintains | Equal-Weight | Get Alert |
| 04/07/2025 | Buy Now | -54.79% | Morgan Stanley | $18 → $15 | Maintains | Underweight | Get Alert |
| 04/03/2025 | Buy Now | -48.76% | B of A Securities | $20 → $17 | Maintains | Underperform | Get Alert |
| 02/03/2025 | Buy Now | -33.69% | Barclays | $19 → $22 | Maintains | Underweight | Get Alert |
| 02/03/2025 | Buy Now | -36.71% | Keefe, Bruyette & Woods | $19 → $21 | Maintains | Underperform | Get Alert |
| 02/03/2025 | Buy Now | -30.68% | UBS | $19 → $23 | Maintains | Neutral | Get Alert |
| 02/03/2025 | Buy Now | -27.67% | Wells Fargo | $20.5 → $24 | Maintains | Equal-Weight | Get Alert |
| 02/03/2025 | Buy Now | -30.68% | BMO Capital | $20 → $23 | Maintains | Market Perform | Get Alert |
| 01/17/2025 | Buy Now | -42.74% | Barclays | $21 → $19 | Maintains | Underweight | Get Alert |
| 01/16/2025 | Buy Now | -39.72% | BMO Capital | $22 → $20 | Maintains | Market Perform | Get Alert |
| 01/16/2025 | Buy Now | -42.74% | JP Morgan | $21 → $19 | Maintains | Neutral | Get Alert |
| 01/14/2025 | Buy Now | -38.22% | Wells Fargo | $22.5 → $20.5 | Maintains | Equal-Weight | Get Alert |
| 12/20/2024 | Buy Now | -42.74% | Morgan Stanley | $18 → $19 | Maintains | Underweight | Get Alert |
| 12/12/2024 | Buy Now | -32.19% | Wells Fargo | $19.5 → $22.5 | Maintains | Equal-Weight | Get Alert |
| 12/09/2024 | Buy Now | -36.71% | Barclays | $19 → $21 | Maintains | Underweight | Get Alert |
| 11/08/2024 | Buy Now | -45.75% | Morgan Stanley | $19 → $18 | Maintains | Underweight | Get Alert |
| 11/05/2024 | Buy Now | -44.24% | TD Cowen | $20 → $18.5 | Maintains | Hold | Get Alert |
| 11/05/2024 | Buy Now | -41.23% | Wells Fargo | $19 → $19.5 | Maintains | Equal-Weight | Get Alert |
| 11/05/2024 | Buy Now | -42.74% | Keefe, Bruyette & Woods | $20 → $19 | Reiterates | Underperform → Underperform | Get Alert |
| 11/05/2024 | Buy Now | -36.71% | JP Morgan | $22 → $21 | Maintains | Neutral | Get Alert |
| 11/05/2024 | Buy Now | -42.74% | Deutsche Bank | $20 → $19 | Maintains | Hold | Get Alert |
| 10/24/2024 | Buy Now | -39.72% | Keefe, Bruyette & Woods | $23 → $20 | Maintains | Underperform | Get Alert |
| 10/22/2024 | Buy Now | -36.71% | UBS | $24 → $21 | Maintains | Neutral | Get Alert |
| 10/18/2024 | Buy Now | -42.74% | Morgan Stanley | $21 → $19 | Maintains | Underweight | Get Alert |
| 10/14/2024 | Buy Now | -42.74% | Barclays | $20 → $19 | Maintains | Underweight | Get Alert |
| 10/09/2024 | Buy Now | -42.74% | Wells Fargo | $20 → $19 | Maintains | Equal-Weight | Get Alert |
| 10/04/2024 | Buy Now | -42.74% | Evercore ISI Group | $20 → $19 | Maintains | Underperform | Get Alert |
| 09/30/2024 | Buy Now | -35.96% | Goldman Sachs | $23.75 → $21.25 | Maintains | Sell | Get Alert |
| 09/12/2024 | Buy Now | -39.72% | Wells Fargo | → $20 | Initiates | → Equal-Weight | Get Alert |
| 09/05/2024 | Buy Now | -39.72% | Evercore ISI Group | $24 → $20 | Maintains | Underperform | Get Alert |
| 08/27/2024 | Buy Now | -39.72% | Barclays | → $20 | Initiates | → Underweight | Get Alert |
| 08/22/2024 | Buy Now | -30.68% | Keefe, Bruyette & Woods | $23 → $23 | Maintains | Underperform | Get Alert |
| 07/29/2024 | Buy Now | -30.68% | Deutsche Bank | $24 → $23 | Maintains | Hold | Get Alert |
| 07/29/2024 | Buy Now | -27.67% | TD Cowen | $23 → $24 | Maintains | Hold | Get Alert |
| 07/29/2024 | Buy Now | -30.68% | Keefe, Bruyette & Woods | $25 → $23 | Maintains | Underperform | Get Alert |
| 07/29/2024 | Buy Now | -21.64% | BMO Capital | $27 → $26 | Maintains | Market Perform | Get Alert |
| 07/10/2024 | Buy Now | -27.67% | UBS | $25 → $24 | Maintains | Neutral | Get Alert |
| 07/08/2024 | Buy Now | -30.68% | TD Cowen | $25.5 → $23 | Maintains | Hold | Get Alert |
| 04/30/2024 | Buy Now | -27.67% | Deutsche Bank | $29 → $24 | Maintains | Hold | Get Alert |
| 04/30/2024 | Buy Now | -23.15% | TD Cowen | $29 → $25.5 | Maintains | Hold | Get Alert |
| 04/30/2024 | Buy Now | -21.64% | Evercore ISI Group | $29 → $26 | Maintains | Underperform | Get Alert |
| 04/30/2024 | Buy Now | -18.63% | BMO Capital | $30 → $27 | Maintains | Market Perform | Get Alert |
| 04/17/2024 | Buy Now | -24.65% | Morgan Stanley | $24 → $25 | Maintains | Underweight | Get Alert |
| 03/12/2024 | Buy Now | -19.38% | Goldman Sachs | $26.25 → $26.75 | Maintains | Sell | Get Alert |
| 01/30/2024 | Buy Now | -15.61% | Deutsche Bank | $30 → $28 | Maintains | Hold | Get Alert |
| 01/30/2024 | Buy Now | -9.58% | BMO Capital | $27 → $30 | Maintains | Market Perform | Get Alert |
| 01/19/2024 | Buy Now | -27.67% | Morgan Stanley | $22 → $24 | Maintains | Underweight | Get Alert |
| 01/10/2024 | Buy Now | -9.58% | UBS | $26 → $30 | Maintains | Neutral | Get Alert |
| 01/08/2024 | Buy Now | -9.58% | Wells Fargo | $24 → $30 | Upgrade | Underweight → Equal-Weight | Get Alert |
| 01/04/2024 | Buy Now | -3.56% | TD Cowen | → $32 | Initiates | → Market Perform | Get Alert |
| 11/02/2023 | Buy Now | -33.69% | Morgan Stanley | $23 → $22 | Maintains | Underweight | Get Alert |
| 10/11/2023 | Buy Now | -27.67% | Deutsche Bank | $26 → $24 | Maintains | Hold | Get Alert |
| 10/06/2023 | Buy Now | -30.68% | Morgan Stanley | $24 → $23 | Maintains | Underweight | Get Alert |
| 08/08/2023 | Buy Now | -27.67% | Morgan Stanley | $23 → $24 | Maintains | Underweight | Get Alert |
| 08/01/2023 | Buy Now | -26.16% | Goldman Sachs | $21.5 → $24.5 | Maintains | Sell | Get Alert |
| 07/31/2023 | Buy Now | -26.16% | Goldman Sachs | $21.5 → $24.5 | Maintains | Sell | Get Alert |
| 07/31/2023 | Buy Now | -18.63% | BMO Capital | $24 → $27 | Maintains | Market Perform | Get Alert |
| 07/25/2023 | Buy Now | -30.68% | Morgan Stanley | $23 → $23 | Reiterates | Underweight → Underweight | Get Alert |
| 07/13/2023 | Buy Now | -21.64% | Wells Fargo | $25.5 → $26 | Maintains | Underweight | Get Alert |
| 07/12/2023 | Buy Now | -30.68% | Morgan Stanley | $23 → $23 | Reiterates | Underweight → Underweight | Get Alert |
| 07/10/2023 | Buy Now | -27.67% | BMO Capital | $20 → $24 | Assumes | Market Perform → Market Perform | Get Alert |