Franco-Nevada (FNV) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- —
- Estimate
- $1.97
- Surprise
- —
- Score at report (before → after)
- 6.3 → 6.3/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
TrendMatrix's engine moved from Buy (Wait) (6.3/10) to Hold at 6.3/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates FNV Buy (Wait) at 6.1/10.
3 of the last 4 quarters beat the estimate. Next scheduled report: 2026-11-03.
What supports the rating
- V7 flight-to-quality bonus: +0.5 (Q=8.0 in RISK_OFF)
- Strong earnings beat streak (3/4)
What argues against it
- Analyst target reached - limited upside remaining
- Sector modifier (Basic Materials): -0.1
- Negative momentum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $260.91
- Entry target
- $239.46
- Price target
- $268.12
- Stop
- $223.54
- Upside to target
- +2.8%
The stock trades at 35.0× trailing but 27.9× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-24 — shown for context, not personalized investment advice.
FNV at TrendMatrix's latest read
Materials producers report against the commodity cycle — realized-price capture and volume, not the EPS line, are the tells in a quarter like this.
- Industry
- Gold
- Market cap
- $50.32B
- P/E (fwd)
- 27.9
- P/E (ttm)
- 35.0
- 52-week range
- $181.50–$285.67
- Off 52-week high
- 8.7%
- RSI (14)
- 51
- Volume vs avg
- 0.86×
- Score today
- 6.1/10