NASDAQ · STOCK
Raymond James Financial
$176.01
52W $138.82 – $178.28
56/100
$33.81B
15.1
0.94
Is RJF Bullish or Bearish?
Mixed.
Innellis AI committee rates Raymond James Financial (RJF) Watch with a composite score of 56/100
, based on 7 analysts with 57% agreement.
Last updated July 31, 2026.
What Would Change This View
- Upgrade to Buy
- Requires a committee score of 60.0 — +4.38 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Reduce
- Requires the score to fall below 40.0 — -15.62 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Technical Analyst sees a compelling case — price structure making higher highs and higher lows. Risk Analyst remains cautious — high leverage (debt-to-equity 5.14) amplifies downside in a stress scenario. This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- P/E of 14.7 is inexpensive for the broad market — Value
- ROE of 17.2% shows genuine earnings power backing the valuation — Value
- Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
- Price structure making higher highs and higher lows — Technical
- MACD histogram positive -- bullish momentum — Technical
- Weekly trend (uptrend) confirms the daily trend -- multi-timeframe agreement — Technical
Bear Case
- Debt-to-equity of 5.14 adds balance-sheet risk to the value case — Value
- Weekly RSI at 75 -- overbought on the larger timeframe too — Technical
- High leverage (debt-to-equity 5.14) amplifies downside in a stress scenario — Risk
- Current ratio of 0.28 is tight -- limited short-term liquidity cushion — Risk
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of July 31, 2026
Overall Committee Score
56/100
Agreement
57%
Analysts
7
Conviction
Contested
Sector Rank
Top 64%
of 141 Financial Services peers
Value Analyst
bullish
61
/ 100 · High confidence
Classic value case: cheap on multiples with earnings power to back it up
+ P/E of 14.7 is inexpensive for the broad market
− Debt-to-equity of 5.14 adds balance-sheet risk to the value case
Growth Analyst
bullish
62
/ 100 · Moderate confidence
Strong, accelerating growth with consistent execution
+ Quarter-over-quarter growth rate is ACCELERATING, not just positive
Technical Analyst
bullish
69
/ 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
− Weekly RSI at 75 -- overbought on the larger timeframe too
Risk Analyst
bearish
32
/ 100 · Moderate confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− High leverage (debt-to-equity 5.14) amplifies downside in a stress scenario
Macro Analyst
neutral
58
/ 100 · Moderate confidence
Macro backdrop is mixed or neutral -- not a strong tailwind or headwind either way
+ Market regime is bullish (Bull market -- normal position sizing)
News Analyst
bullish
62
/ 100 · Low confidence
News flow and recent filings/analyst actions are net positive
Portfolio Manager
neutral
45
/ 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 2744.14)
Investment Thesis Evolution
Committee score moved marginally from 56.7 to 55.6.
- Conviction changed from moderate to contested.
- Committee agreement fell notably from 71% to 57%.
- New bearish signals: 3 appeared.
- Bullish support removed: 1 signal(s) disappeared.
- New bullish signals: 2 appeared.
- Bearish pressure eased: 2 signal(s) disappeared.
- Analyst(s) changed stance: Macro Analyst.
Analyst-level changes:
- Macro Analyst: stance bullish->neutral; score 65->58 (-8); +1 bullish signal(s).
- Portfolio Manager: +2 bearish signal(s).
- Technical Analyst: +1 bearish signal(s).
- Value Analyst: +1 bullish signal(s).
Comparing 2026-07-30 to 2026-07-31 (1 day apart).
Technical Analysis
RSI (14)
69.6
Neutral
MACD Histogram
0.324
Bullish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Mixed
Support
$150.74
Resistance
$177.51
Bollinger %B
0.95
Inside Bands
Price vs Moving Averages
EMA 9
$172.85
Above
EMA 21
$168.71
Above
EMA 50
$162.55
Above
EMA 200
$157.69
Above
Fundamental Analysis
Valuation
90
Growth
75
Profitability
0
Financial Health
50
Cash Flow
37
Valuation
P/E Ratio
15.1×
P/B Ratio
2.69×
PEG Ratio
1.26
Dividend Yield
0.01%
52W High
$178.28
52W Low
$138.82
Quality & Growth
ROE
17.1%
ROA
2.4%
Gross Margin
83.5%
Operating Margin
17.4%
Revenue Growth YoY
—
Debt / Equity
0.42
AI Fundamental Assessment
P/E ratio of 15.1 (inexpensive relative to a 15-40x range); Price-to-book of 2.7x; PEG ratio of 1.3 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 0.2%; Return on assets of 0.0%; Net margin of 0.1%; Gross margin of 0.8%; Current ratio of 0.36 (tight short-term liquidity); Debt-to-equity of 0.42; Free cash flow margin of 0.9% (thin cash generation); Free cash flow per share is positive (9.02); Most recent quarter beat estimates by 6.7%; 2 consecutive earnings beats; EPS growth accelerating (-1.0% -> +11.0% QoQ); Average YoY EPS growth of 44.0%; Analyst estimates flat over recent quarters
Get the Full RJF Analysis
Interactive charts · Live committee votes · Trade plan · Paper trading · AI Q&A
Open in Terminal →