Franklin Resources Reports Strong Earnings and Investment Inflows

The latest announcement is out from Franklin Resources ( (BEN) ).

For the quarter ended March 31, 2026, Franklin Resources reported net income of $268.2 million, or $0.49 per diluted share, up from $255.5 million, or $0.46, in the prior quarter and $151.4 million, or $0.26, a year earlier, as operating income more than doubled year-on-year to $323.3 million and margins improved. Adjusted earnings and operating income also rose, underpinned by $17 billion in long-term net inflows, robust fundraising in private markets, record assets and inflows in ETFs and the Canvas platform, and broad-based positive flows across regions and asset classes, underscoring the firm’s multi-year diversification strategy and disciplined expense management.

Franklin Templeton highlighted $118 billion in long-term inflows in the second quarter of fiscal 2026, with a 28% quarter-over-quarter increase in inflows excluding reinvested distributions, and $14.3 billion raised in alternatives, including $13.2 billion in private market assets across credit, secondary private equity, real estate and venture. The firm also marked its 19th consecutive quarter of positive multi-asset flows, saying strong investment performance, expanding capabilities and local client engagement are helping drive sustainable organic growth and reinforcing its competitive position despite uncertain markets.

The most recent analyst rating on (BEN) stock is a Sell with a $21.00 price target. To see the full list of analyst forecasts on Franklin Resources stock, see the BEN Stock Forecast page.

Spark’s Take on BEN Stock

According to Spark, TipRanks’ AI Analyst, BEN is a Neutral.

BEN scores highest on improving operational momentum and guidance (record inflows and a credible cost-savings/margin roadmap), reinforced by strong technical trend signals. The score is held back by still-compressed profitability/ROE and meaningful leverage, while valuation is supported by the dividend but tempered by a higher P/E given current margin levels.

To see Spark’s full report on BEN stock, click here.

More about Franklin Resources

Franklin Resources, Inc., which operates under the Franklin Templeton brand, is a global asset management firm listed on the NYSE under the ticker BEN. The company offers investment management services across public and private markets, including multi-asset strategies, exchange-traded funds (ETFs), customized portfolios via its Canvas platform, and a broad range of alternative investments, serving clients across all major regions.

Average Trading Volume: 5,652,543

Technical Sentiment Signal: Buy

Current Market Cap: $14.12B

For an in-depth examination of BEN stock, go to TipRanks’ Overview page.