Comparing valuation metrics, the "trow stock price forecast" is supported by a fair P/E ratio relative to industry peers. Analysts caution that cost control in advisory services will be crucial in sustaining price trajectory. Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. On Feb. 5, T. Rowe Price reported its lower-than-expected Q4 earnings results, causing a 4.2% drop in its stock price. Adjusted EPS of $2.12 and net revenue of $1.8 billion both missed the consensus estimates. Higher operating expenses and a significant decline in capital allocation-based income, which turned negative at $5.2 million, further weighed on investor sentiment. Additionally, net cash outflows of $8.2 billion in the quarter raised concerns. Based on asset allocation strategies and capital inflows, the "trow stock price forecast" for 2024 anticipates gradual appreciation, contingent upon continued S&P 500 stability. Long-term buy-rated positions could benefit from consistent quarterly dividends and value investing methodologies.