Market open · Delayed intraday data · 3:21 PM ET
Last update: Jul 31, 2026, 3:02 PM ET
Franklin Resources, Inc.
$33.85 2.05% today
Market Open

Why Franklin Resources, Inc. (BEN) stock moved

Updated Jul 31, 2026

Franklin Resources, Inc. (BEN) shares rose 2.1% to $33.85 as of July 31, 2026, a modest gain from the prior close of $33.17. BestStocks flagged the session as a major change for BEN. The move is tied to an earnings beat. Below, we break down what changed for BEN, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

Earnings Beat

Franklin Resources, Inc. (BEN) reported EPS of $0.72 vs. consensus estimate of $0.66 for Q3 FY2026, beating consensus by 9.4%. BEN earnings announcement scheduled for 2026-08-07.

This summary describes the catalyst and move as first detected on Jul 31, 2026, 10:09 AM EDT; the stock has continued trading since, so the current price and percentage move (shown above) may be larger or smaller than the figures here.
Material / EarningsMedium confidence
Rel. volume
1.2×
Normal
Vs peers
No comparable peers
Market cap
$17.6B
New York Stock Exchange
Analyst target
$34
+1.2% vs price
Price chart
Jun 30 – Jul 31
VEFFVVVVV$32$33$35Jun 30Jul 9Jul 16Jul 24Jul 31
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details

What it means for Franklin Resources, Inc. investors

For Franklin Resources, Inc. investors, the balance of recent signals points to a bullish shift. On the constructive side: Earnings beat with positive market reaction; Positive 2.1% session move. Weighing against that: BEN moved -2.50% from $34.36 to $33.50 on 2026-07-08; New SEC filing — review for material disclosures. Wall Street's consensus price target sits at $34.25, implying +1.2% upside from $33.85. Over the past 90 days analysts logged 1 upgrade and 0 downgrades. BestStocks rates the overall signal quality medium (60/100). With earnings roughly 98 days out, the next report is the most likely near-term test of the move.

BEN price reaction

BEN last traded at $33.85, up $0.68 (+2.05%) from the previous close of $33.17. The session traded on 1.2× average volume (normal), so participation was unremarkable. Over the past month the stock has ranged between $32.23 and $34.44, and it currently sits about 73% of the way up that band.

Bullish and bearish analyst opinions on Franklin Resources, Inc. (BEN)

Latest catalyststrengthens the bull case
The latest catalyst — an earnings beat the market rewarded — it strengthens the bull case and confirms the prevailing bullish analyst lean.

The consensus analyst price target on Franklin Resources, Inc. (BEN) is $34.25, 1.2% above the recent $33.85. Over the past 90 days analysts logged 1 upgrade, 4 maintains, and 0 downgrades. Here is how the bullish and bearish cases on BEN line up.

The bullish case

  • Wall Street's consensus price target of $34.25 implies +1.2% upside from $33.85.
  • The Street's most bullish target is $35.00 (+3.4%).
  • 1 analyst upgrade in the past 90 days, most recently Morgan Stanley to Equal Weight (2026-05-06).
  • Earnings beat with positive market reaction.
  • Positive 2.1% session move.

The bearish case

  • BEN moved -2.50% from $34.36 to $33.50 on 2026-07-08.
  • Franklin Resources, Inc. (BEN) moved −1.23% from $32.63 to $32.23 on 2026-07-20.
Bull vs bear balanceBullish Shift
BearishNeutralBullish
The latest catalyst moved the balance toward the bulls — the hollow tick marks where it sat before.

Weighing both sides, BestStocks' composite read of recent signals is bullish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.

Analyst price targets and ratings are FMP consensus figures as of Jul 31, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $34+1.2%
1 upgrades= 4 maintains
Barclays maintained Equal Weight · 2026-07-14
SEC filings watch
8-K2026-07-30
Material event — review for impact
high
8-K2026-07-23
Material event — review for impact
high
8-K2026-06-05
Material event — review for impact
high
10-Q2026-04-28
Quarterly financial results
medium
Peer context
BEN+2.1%

Previous notable changes for BEN

Activity2026-07-31+2.1%
Franklin Resources filed an 8-K material event disclosure and earnings report today, coinciding with elevated trading volume (2.68x average for this time of day). BEN rose 1.39% to $33.63 on the news, though the specific content of the 8-K filing was not detailed in available sources.
Filings2026-07-30+2.4%
Franklin Resources, Inc. (BEN) filed an 8-K on July 30, 2026, one day before its scheduled earnings announcement.
Filings2026-07-23-0.3%
Franklin Resources, Inc. (BEN) filed an 8-K on July 23, 2026. The filing details were not disclosed in available sources.
Activity2026-07-20-1.2%
Franklin Resources, Inc. (BEN) moved −1.23% from $32.63 to $32.23 on 2026-07-20. We checked news, earnings, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move coincides with BEN reaching a new 30-day low, though volume remained near its 5-day average.
Upcoming catalysts & outlook
Next earnings
2026-11-06 (est.)
in 98 days
Thesis shift
Bullish Shift
bullish signal
Risk level
Medium
from change events

Frequently asked questions about BEN

Why did Franklin Resources, Inc. (BEN) stock move?

BEN rose 2.1% to $33.85. The move is associated with an earnings beat.

How much did BEN stock rise?

BEN gained 2.05% ($0.68) versus the prior close of $33.17, last trading at $33.85 on 1.2× average volume.

When is Franklin Resources, Inc.'s next earnings date?

BEN's next earnings report is estimated for 2026-11-06 — about 98 days away.

What is the analyst price target for BEN?

The consensus analyst price target for BEN is $34.25, about 1.2% above the current $33.85. Over the past 90 days, analysts recorded 1 upgrade, 4 maintains, and 0 downgrades.

How BestStocks tracks BEN

This page is generated automatically by BestStocks' change-detection system after an earnings beat was detected and verified against independent data sources. It draws on 11 tracked change events for BEN, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of July 31, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.

Data sources
FMP real-time & historical price dataFMP earnings & estimatesSEC EDGAR filingsAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.