Pre-market · Regular session opens 9:30 AM ET
Last update: Jul 20, 2026, 5:23 PM ET
Franklin Resources, Inc.
$32.23 1.23% today
Pre-market

Why Franklin Resources, Inc. (BEN) stock moved

Updated Jul 21, 2026

Franklin Resources, Inc. (BEN) shares fell 1.2% to $32.23 as of July 21, 2026, a modest decline from the prior close of $32.63. BestStocks flagged the session as a major change for BEN. 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

BEN fell 1.2% to $32.23

BEN moved -2.50% from $34.36 to $33.50 on 2026-07-08. Monitor next session.

This summary describes the catalyst and move as first detected on Jul 8, 2026, 4:36 PM 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.
RiskWeak confidence
Rel. volume
0.5×
Below Avg
Vs peers
No comparable peers
Market cap
$16.7B
New York Stock Exchange
Analyst target
$34
+6.3% vs price
Price chart
Jun 22 – Jul 21
VVVVV$32$33$35Jun 22Jun 29Jul 7Jul 14Jul 21
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 recent signals are mixed, leaving the near-term picture neutral / mixed. On the constructive side: Franklin Resources, Inc. (BEN) moved +0.97% from $34.11 to $34.44 on 2026-07-06, reaching a new 30-day high; Positive price momentum. Weighing against that: Negative session, down 1.2%; BEN moved -2.50% from $34.36 to $33.50 on 2026-07-08. Wall Street's consensus price target sits at $34.25, implying +6.3% upside from $32.23. Over the past 90 days analysts logged 2 upgrades and 0 downgrades. BestStocks rates the overall signal quality weak (0/100). With earnings roughly 10 days out, the next report is the most likely near-term test of the move.

BEN price reaction

BEN last traded at $32.23, down $0.40 (-1.23%) from the previous close of $32.63. The session traded on 0.5× average volume (below avg), so participation was unremarkable. Over the past month the stock has ranged between $32.23 and $34.44, and it currently sits about 0% of the way up that band.

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

The consensus analyst price target on Franklin Resources, Inc. (BEN) is $34.25, 6.3% above the recent $32.23. Over the past 90 days analysts logged 2 upgrades, 8 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 +6.3% upside from $32.23.
  • The Street's most bullish target is $35.00 (+8.6%).
  • 2 analyst upgrades in the past 90 days, most recently Morgan Stanley to Equal Weight (2026-05-06).
  • Franklin Resources, Inc. (BEN) moved +0.97% from $34.11 to $34.44 on 2026-07-06, reaching a new 30-day high.
  • Positive price momentum.

The bearish case

  • Negative session, down 1.2%.
  • 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 balanceNeutral / Mixed
BearishNeutralBullish

Weighing both sides, BestStocks' composite read of recent signals is roughly balanced, 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 21, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $34+6.3%
2 upgrades= 8 maintains
Barclays maintained Equal Weight · 2026-07-14
SEC filings watch
8-K2026-06-05
Material event — review for impact
high
10-Q2026-04-28
Quarterly financial results
medium
8-K2026-04-28
Material event — review for impact
high
Peer context
BEN-1.2%

Previous notable changes for BEN

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.
Activity2026-07-06+1.0%
Franklin Resources, Inc. (BEN) moved +0.97% from $34.11 to $34.44 on 2026-07-06, reaching a new 30-day high. We checked news, earnings, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found.
Activity2026-07-02+0.1%via Business Wire
BEN rose 0.72% to $34.41 intraday on July 1st. The stock has been highlighted among finance-sector gainers for Q2, with strength attributed to retail trading activity, growing assets under management, and supportive interest rate conditions.
Activity2026-07-01+2.4%via zacks.com
BEN rose 2.31% to $34.04 intraday, tracking with a Zacks article highlighting Franklin Resources among three finance stocks posting strong Q2 gains driven by retail trading momentum, growing assets under management, and supportive interest rate environment.
Upcoming catalysts & outlook
Next earnings
2026-07-31 (est.)
in 10 days
Earnings Release
2026-07-31
High impact
Thesis shift
Neutral / Mixed
bearish signal
Risk level
Medium
from change events

Frequently asked questions about BEN

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

BEN fell 1.2% to $32.23. The move coincided with the context summarized above, though no single company-specific catalyst was independently confirmed.

How much did BEN stock fall?

BEN lost 1.23% ($0.40) versus the prior close of $32.63, last trading at $32.23 on 0.5× average volume.

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

BEN's next earnings report is estimated for 2026-07-31 — about 10 days away.

What is the analyst price target for BEN?

The consensus analyst price target for BEN is $34.25, about 6.3% above the current $32.23. Over the past 90 days, analysts recorded 2 upgrades, 8 maintains, and 0 downgrades.

How BestStocks tracks BEN

This page is generated automatically by BestStocks' change-detection system after its price and volume cleared BEN-specific materiality thresholds, triggering an evidence check. It draws on 7 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 21, 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 dataSEC EDGAR filingsFMP earnings & estimatesAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.