NASDAQFinancialsAsset ManagementSnapshot 2026-07-31
Reading TROW? Create a free portfolio, then add this holding for ongoing Reports and tracking. Track it in a free portfolio. No credit card.
Create your account →Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Asset Management & Custody Banks is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue growth is slowing — up about 4% over the past year and decelerating.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityManagement screens strong on capital allocation, margins.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 1% a day.
View RiskT. Rowe Price's focus on operating income growth, supported by strong inflows and a record AUM of $1.89 trillion, is essential to justify its current valuation. Revenue grew 10.7% year over year, and the latest earnings beat expectations, indicating solid performance. It trades at 11.5× P/E versus a peer median of 15.9×, suggesting that the price reflects less growth than forecasted. The specific risk lies in the potential for TROW to cut guidance on the next call, with a miss probability of 19%. Peer multiples imply a price about 4% below where it trades, and our read is provisional.
Trailing returns as of 2026-07-31. TROW is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 13 analysts currently covering TROW (as of Jul 2026).
Based on 4 Wall Street analysts offering 12-month price targets for TROW in the last 4 months.
A consensus fair price across 12 valuation methods, at three horizons. As of 2026-08-01. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Asset Management & Custody Banks — fair value, gap to price, and forward P/E.
Threatens: Focus on operating income growth
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-07-31. EPS is implied from price ÷ P/E. Not investment advice.
Current $111.75
The last 12 months of price, then the range of analyst 12-month targets from today’s $111.75.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 10% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Rising expenses may hinder operating income growth.
Advances: Focus on operating income growth
Earnings call highlights indicate strong operating income growth.
Threatens: Focus on operating income growth
Missed revenue estimates could hinder growth objectives.
Threatens: Focus on operating income growth
Revenue miss raises concerns about future growth.
Controlled costs support cash from operations and AUM growth.
New market focus enhances growth potential significantly.
New ETF aligns with growth and diversification strategy.
Advances: Focus on operating income growth
New ETF enhances growth potential through diversified offerings.
