NYSE: FNV

Franco-Nevada (FNV) Stock Analysis & Forecast

Nov 4 close

$242.14+16.15 (+7.1%)

Gekko Brief

AI summaryNov 4 close

Franco-Nevada swings through the week, falling to C$314.41 and C$316.55 and rising to C$320.94 and C$334.13, alternately outperforming and underperforming the S&P/TSX Composite Index. David McAlvany of McAlvany Financial Companies calls it a "phenomenal business model" and names it among his gold picks. The company also confirms its third-quarter 2026 results will be released after market close on 11 November, with a conference call following on 12 November.

The stock closes at $242.14, up 7.1%, sitting between its 50-day average of $249.42 and 200-day average of $239.77, a mixed trend reading. The GekkoIndex stands at 59.6, placing it in the Neutral zone. Price trades 1.3% above Gekko Fair Value of $238.95, keeping the two measures close together.

Franco-Nevada reports third-quarter results on 11 November, six days away and inside a typical 20-trading-day holding window; its prior report on 11 August showed earnings of $1.81 against a $1.95 estimate and a -2.1% reaction, with shares moving an average of 2.1% around results historically. One billionaire holder is recorded among current positions. Seasonally, the next 20 trading days have averaged -0.5% over the past 5 years, rising in 2 of them, a point worth noting alongside the upcoming earnings date.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

Franco-Nevada price vs fair value

$242.14$238.95Nov ’25May ’26Nov ’26
Close $242.14200-day averageGekko Fair Value $238.95

Franco-Nevada quick facts

Market cap
$46.70B
P/E ratio
29.4
Forward P/E
28.5
EPS, TTM
$7.80
Revenue, TTM
$2.30B
Profit margin
64.2%
Dividend yield
0.73%
Beta
0.93
Volume
846,145 avg 474,567
1-year return
+28.9%
Typical daily move
±3.2%
Typical 20-day move
±6.1%
50-day average
$249.42
200-day average
$239.77
Next earnings
Nov 11
Shares outstanding
192.9M
52-week range
$181.95$285.67

Franco-Nevada swing-trade checklist

Franco-Nevada scores 0 supportive, 3 mixed and 2 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

0 supportive3 mixed2 headwinds

  • Trendmixed

    Averages disagree

    Close $242.14 sits between the 50-day ($249.42) and 200-day ($239.77) averages, or the averages disagree.

    See the chart
  • GekkoIndexmixed

    59.6, Neutral

    Reading 59.6 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuemixed

    1.3% above

    Price is within 5% of Gekko Fair Value (1.3% above).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 6 days

    Reports on Nov 11, 2026, 6 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −0.5% on average

    From this point in the calendar, the next 20 trading days averaged −0.5% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Franco-Nevada stock chart and price history

Franco-Nevada closed at $242.14 on Nov 4, 2026, +28.9% over the past year, inside a 52-week range of $181.95 to $285.67.

Close50-day average200-day averageVolume
Franco-Nevada share price, past year, with 50-day and 200-day moving averages and volume$175$200$225$250$275DecJan 2026FebMarAprMayJunJulAugSepOct242.14

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−0.8%
3 months
+4.8%
6 months
+3.3%
1 year
+28.9%
The full FNV chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open FNV in Gekko

Follow Franco-Nevada through every session

Put FNV on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

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Franco-Nevada GekkoIndex: the smart money zone

Franco-Nevada’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 59.6, in the Neutral zone, down 0.7 points over five sessions.

010059.6Neutral

Down 0.7 points over five sessions, from the Accumulation zone.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying13+4.2%+4.1%+3.1%+15.6%
Accumulation194+1.3%+2.4%+4.3%+12.5%
Neutral (current zone)413+0.2%+0.8%+2.0%+5.4%
Distribution76+0.8%+0.9%+2.9%+3.4%
Selling1Too few readings yet

Average FNV share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.0% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the FNV price, zone by zone.Track FNV in Gekko

Is Franco-Nevada stock overvalued? Gekko Fair Value

Franco-Nevada trades 1.3% above Gekko Fair Value of $238.95, so the shares are about fair value on Gekko’s estimate.

Gekko’s own estimate of what Franco-Nevada shares are worth, recalculated every trading day.

$238.95

Gekko Fair Value, Nov 4, 2026

1.3% above fair value · About fair value

At the end of Aug 2026 the price was 41.0% above the estimate.

Gekko Fair ValueShare price, month end
$239$226Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open FNV in Gekko

Franco-Nevada insider and Congress trading

No open-market insider purchases were filed for Franco-Nevada, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for FNV in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every FNV insider filing, plotted on the chart in Gekko.Open FNV in Gekko

Congress trades last 90 days

No trades in FNV were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for FNV, plotted on the chart in Gekko.Open FNV in Gekko

Hedge funds and billionaires quarter ended Sep 30

1of the funds Gekko tracks holds FNV.

1added0opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko

Franco-Nevada earnings: next date and track record

Franco-Nevada reports on Nov 11, 2026 (6 days away), and beat the EPS estimate in 6 of its last 8 reports.

6 of 8reports beat the EPS estimate
±2.1%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

−5.5%Nov ’24+1.7%Mar ’25−0.6%May ’25+3.6%Aug ’25−1.0%Nov ’25+1.0%Mar ’26+1.3%May ’26−2.1%Aug ’26

Last earnings call, Aug 11, 2026 AI summary

What they said
Franco-Nevada reported a strong Q2 2026 driven by higher commodity prices (notably gold and oil), increased GEOs sold (+18% y/y), and contributions from recent acquisitions (Côte Gold, Casa Berardi) and new production (Valentine Gold). Management highlighted record results for revenue, adjusted EBITDA, adjusted net income and operating cash flow for the first half of 2026 and said the company is tracking toward the upper half of its 2026 guidance range. Operations and exploration updates were broadly positive with several asset expansions, approvals and successful drilling results mentioned. The executive team emphasized an active deal pipeline across a range of sizes, with particular interest in project finance opportunities, while making no firm commitment to special dividends and reiterating a preference to deploy capital into deals. Legal and geopolitical items noted included the Cobre Panamá environmental audit and government commission, the Karma dispute (pursuing remedies), variability at Hemlo and Musselwhite NPIs, potential Candelaria stream step-down in H1 2027, and shipping-rate impacts on iron ore revenues.
Guidance
Management said the company is tracking toward the upper half of its 2026 GEO guidance range and that energy revenues (given current oil prices) should carry through Q3; Cobre Panamá contributions and continued stronger commodity prices could result in exceeding the range, but management remains comfortable providing the existing guidance range. They estimate the Candelaria stream step-down around first half of 2027. No specific numeric upward revisions were issued.
Risks flagged
Potential regulatory/governmental issues at Cobre Panamá (government commission evaluating restart); commodity price volatility (gold, silver, oil); variability in NPIs from assets like Hemlo and Musselwhite; shipping-rate volatility impacting iron ore revenues (Strait of Hormuz risk); lower-than-expected production from some assets (Stillwater, Sibanye) and ongoing legal dispute related to the Karma asset.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 11, 2026$1.81
est $1.95
−7.2%$580.9M
est $616.7M
−5.8%−2.1%
May 12, 2026$2.43
est $1.75
+38.6%$650.7M
est $634.4M
+2.6%+1.3%
Mar 10, 2026$1.90
est $1.67
+13.8%$597.3M
est $539.8M
+10.7%+1.0%
Nov 3, 2025$1.43
est $1.38
+3.6%$487.7M
est $536.0M
−9.0%−1.0%
Aug 11, 2025$1.24
est $1.12
+10.7%$369.4M
est $432.8M
−14.7%+3.6%
May 8, 2025$1.07
est $1.00
+7.0%$368.4M
est $333.3M
+10.5%−0.6%
Mar 10, 2025$0.95
est $0.89
+6.5%$317.9M
est $304.4M
+4.4%+1.7%
Nov 6, 2024$0.80
est $0.86
−7.0%$275.7M
est $310.2M
−11.1%−5.5%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Franco-Nevada stock forecast and analyst price targets

Analysts’ average 12-month price target for Franco-Nevada is $282.36, +16.6% from the last close.

$282.36consensus 12-month target, +16.6% from the last close
+2.0%average 20-day move after past Neutral readings
−0.5%average move over the next 20 trading days in the last 5 years
±3.2%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Franco-Nevada seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, Franco-Nevada averaged −0.5% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

−6.2%2021+12.7%2022−13.6%2023−7.1%2024+9.8%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+1.3%3 of 5
Next 10 trading days+0.9%3 of 5
Next 15 trading days+0.1%2 of 5
Next 20 trading days−0.5%2 of 5
Next 30 trading days−2.0%2 of 5

For scale, FNV’s typical 20-trading-day move in either direction is about 6.1%.

Franco-Nevada market cap and key statistics

Franco-Nevada’s market cap is $46.70B, with a P/E ratio of 29.4 and revenue of $2.30B over the last twelve months.

Valuation

Market cap
$46.70B
P/E ratio
29.4
Forward P/E
28.5
EPS, TTM
$7.80
Gekko Fair Value
$238.95

Trading

Volume
846,145
Avg volume, 20 days
474,567
52-week high
$285.67
52-week low
$181.95
Shares outstanding
192.9M

Financials

Revenue, TTM
$2.30B
Profit margin
64.2%
Return on equity
19.9%
Quarterly earnings growth, YoY
+43.0%

Risk and income

Beta
0.93
Typical daily move
±3.2%
Typical 20-day move
±6.1%
Dividend yield
0.73%

Franco-Nevada stock news this week

Coverage of Franco-Nevada this week reads neutral: 3 positive, 2 neutral and 3 negative headlines.

News sentiment neutral

Franco-Nevada peers

Franco-Nevada’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
NEMNewmont+4.3%Neutral8.1% above
AEMAgnico Eagle Mines+3.9%Neutral9.2% below
BBarrick Mining+3.2%Neutral7.6% above
WPMWheaton Precious Metals+6.1%Neutral6.6% above
KGCKinross Gold+1.7%Accumulation1.6% below
RGLDRoyal Gold+1.3%Neutral4.3% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

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Franco-Nevada stock FAQ

What is Franco-Nevada’s market cap?

Franco-Nevada’s market cap is $46.70B at the Nov 4, 2026 close of $242.14, with 192.9M shares outstanding. The shares trade on a P/E ratio of 29.4.

What is the Franco-Nevada stock forecast?

The consensus analyst 12-month price target for Franco-Nevada is $282.36, +16.6% from the last close. Gekko doesn’t publish price predictions of its own.

Is Franco-Nevada stock overvalued or undervalued?

On Gekko’s estimate Franco-Nevada is about fair value: the Nov 4, 2026 close of $242.14 is 1.3% above Gekko Fair Value of $238.95. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Franco-Nevada report earnings next?

Franco-Nevada is expected to report on Nov 11, 2026 (6 days away). Analysts expect earnings of $1.77 per share on revenue of $568.4M. Franco-Nevada beat the earnings estimate in 6 of its last 8 reports, moving 2.1% on average across the report.

What is Franco-Nevada’s 52-week high and low?

Franco-Nevada’s 52-week high is $285.67 and its 52-week low is $181.95; it closed at $242.14 on Nov 4, 2026, +28.9% over the past year.

Is Franco-Nevada stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 0 of the 5 items with data read as supportive, 3 as mixed (trend, gekkoindex and fair value) and 2 as headwinds (earnings risk and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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