Lumida
/BEN
⌘K
Franklin Resources Inc

Franklin Resources Inc

BEN
$32.63USD↓-2.10%-0.70 today

MARKET CAP

17.0B

P/E (TTM)

12.7x

FWD P/E

11.2x

DAY RANGE

$32 – $33

52W RANGE

$21
$35

AI Summary

Stalk
TrimMedium

SPY retains a long-term uptrend but has entered a Stage 3 distribution phase marked by a support failure and emerging lower highs/lower lows. Medium-term bias is bearish, with short-term timing unfavorable as price hovers around the 50 DMA and short EMAs remain in decline. The HMOM strategy favors momentum continuation, so execution is deferred and a trim into any rallies toward the 9/20 EMA zone is preferred.

  • ↑AUM rose to $1.68T, driven by $16.9B net inflows
  • ↑ETF AUM jumped 67% YoY to $61.6B, boosting fee income
  • ↓Operating expenses up 10.5% QoQ, squeezing operating margins
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Franklin Resources, Inc. (NYSE: BEN), operating as Franklin Templeton, is a global investment management firm, providing a range of investment solutions in public and private markets. The company focuses on diversified asset management across mutual funds, ETFs, and private equity, positioning itself as a key player in the growing alternatives and digital asset markets. Franklin Templeton is known for its strategies aimed at efficient capital management and sustained growth amid evolving client preferences and market volatility.

Bull says

  • ↑AUM rose to $1.68T, driven by $16.9B net inflows
  • ↑ETF AUM jumped 67% YoY to $61.6B, boosting fee income
  • ↑Investment fee revenue expected +6% YoY vs expense growth
  • ↑Adjusted operating income increased 25.8% YoY to $475M
  • ↑Launch of BENJI tokenized shares marks digital asset push
  • ↑Strong earnings yield and positive revision momentum support upside

Bear says

  • ↓Operating expenses up 10.5% QoQ, squeezing operating margins
  • ↓Management guides low single-digit revenue growth for Q3
  • ↓Equities segment posted $4.7B net outflows, underperforming peers
  • ↓Profitability factors remain weak despite $200M cost savings
  • ↓High interest rate sensitivity and elevated leverage risk weigh
  • ↓Low liquidity and institutional ownership factors may limit support

Investment themes with BEN

High Dividend Yield↑ +0.32%

Companies paying above-average dividends

AVGO · JPM · XOM
Capital Markets↓ -0.02%

Debt and equity trading fueling economic growth

SNEX · AAMI · PWP

Earnings Call · Q2 2026 · Mgmt. Guidance

Updated 04-28-2026neutral

Transcript signals

Bull points

  • our retail SMA presence being so big at close to $170 billion makes us very uniquely positioned, including, of course, the legacy business that we have on the SMA side.
  • Canvas includes, as Jenny mentioned, not only direct indexing, but we also have risk factor overlays. We have options for income within the same platform.
  • So the simplicity is giving us substantial momentum to the degree that it's actually grown at 72% CAGR, and it's grown actually 10 times since acquisition at $23 billion.

Bear points

  • Across equities, net outflows were 4.7 billion.
  • In fixed income, net outflows were approximately 300 million during the quarter.
  • Across equities, net outflows were 4.7 billion.
Read full transcript analysis ›