TriNet Group, Inc. (TNET)
NYSE: TNET · Real-Time Price · USD
87.89
-3.82 (-4.17%)
Nov 18, 2024, 4:00 PM EST - Market closed
TriNet Group Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for TriNet Group stock have an average target of 114, with a low estimate of 92 and a high estimate of 140. The average target predicts an increase of 29.71% from the current stock price of 87.89.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for TriNet Group stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 2 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy Maintains $110 → $92 | Strong Buy | Maintains | $110 → $92 | +4.68% | Oct 28, 2024 |
| Needham | Needham | Strong Buy → Hold Downgrades $140 | Strong Buy → Hold | Downgrades | $140 | +59.29% | Oct 28, 2024 |
| JP Morgan | JP Morgan | Sell Initiates $103 | Sell | Initiates | $103 | +17.19% | Oct 22, 2024 |
| Needham | Needham | Strong Buy Reiterates $140 | Strong Buy | Reiterates | $140 | +59.29% | Sep 11, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $107 → $103 | Sell | Maintains | $107 → $103 | +17.19% | Aug 20, 2024 |
Financial Forecast
Revenue This Year
5.07B
from 4.92B
Increased by 3.03%
Revenue Next Year
5.30B
from 5.07B
Increased by 4.42%
EPS This Year
5.22
from 6.56
Decreased by -20.37%
EPS Next Year
5.51
from 5.22
Increased by 5.44%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.2B | 5.5B | 5.9B |
| Avg | 5.1B | 5.3B | 5.6B |
| Low | 4.9B | 4.9B | 5.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.3% | 9.2% | 12.0% |
| Avg | 3.0% | 4.4% | 6.1% |
| Low | -1.4% | -3.0% | -1.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.53 | 6.46 | 7.19 | ||
| Avg | 5.22 | 5.51 | 6.32 | ||
| Low | 4.91 | 4.15 | 4.61 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -15.6% | 23.6% | 30.6% | ||
| Avg | -20.4% | 5.4% | 14.8% | ||
| Low | -25.2% | -20.6% | -16.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.