Trane Technologies Stock Forecast

Stock Price Forecast

The 15 analysts with 12-month price forecasts for Trane Technologies stock have an average target of 334.33, with a low estimate of 210 and a high estimate of 425. The average target predicts a decrease of -13.51% from the current stock price of 386.57.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$210	$334.33	$350	$425
Change	-45.68%	-13.51%	-9.46%	+9.94%

Analyst Ratings

The average analyst rating for TT stock from 15 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	Apr '24	May '24	Jun '24	Jul '24	Aug '24	Sep '24
Strong Buy	2	3	4	4	4	3
Buy	2	2	2	2	2	3
Hold	8	7	7	7	7	7
Sell	2	2	2	2	2	2
Strong Sell	0	0	0	0	0	0
Total	14	14	15	15	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Chris Snyder Morgan Stanley	Morgan Stanley	Buy Initiates $425	Buy	Initiates	$425	+9.94%	Sep 6, 2024
Joe O'Dea Wells Fargo	Wells Fargo	Sell Maintains $315 → $320	Sell	Maintains	$315 → $320	-17.22%	Sep 6, 2024
Tommy Moll Stephens & Co.	Stephens & Co.	Hold Reiterates $350	Hold	Reiterates	$350	-9.46%	Aug 5, 2024
Julian Mitchell Barclays	Barclays	Buy Maintains $385 → $394	Buy	Maintains	$385 → $394	+1.92%	Aug 1, 2024
Deane Dray RBC Capital	RBC Capital	Hold Maintains $334 → $350	Hold	Maintains	$334 → $350	-9.46%	Aug 1, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

20.12B

from 17.68B

13.80%

from 17.68B

Revenue Next Year

21.55B

from 20.12B

7.10%

from 20.12B

EPS This Year

11.18

from 8.77

27.50%

from 8.77

EPS Next Year

12.71

from 11.18

13.66%

from 11.18

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	13.08B	12.45B	14.14B	15.99B	17.68B	20.12B	21.55B	23.09B
Revenue Growth	5.93%	-4.75%	13.50%	13.12%	10.54%	13.80%	7.10%	7.17%
EPS	5.78	3.52	5.87	7.48	8.77	11.18	12.71	14.37
EPS Growth	8.02%	-39.13%	67.05%	27.29%	17.30%	27.50%	13.66%	13.03%
Forward PE	-	-	-	-	-	34.56	30.41	26.90
No. Analysts	-	-	-	-	-	28	28	15

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	20.7B	22.4B	24.0B
Avg	20.1B	21.5B	23.1B
Low	19.0B	20.1B	21.3B

Revenue Growth

Revenue Growth	2024	2025	2026
High	16.9%	11.5%	11.3%
Avg	13.8%	7.1%	7.2%
Low	7.4%	-0.3%	-1.1%

EPS Forecast

EPS	2024	2025	2026
High	11.66	13.61	15.29
Avg	11.18	12.71	14.37
Low	10.58	11.50	12.98

EPS Growth

EPS Growth	2024	2025	2026
High	32.9%	21.7%	20.3%
Avg	27.5%	13.7%	13.0%
Low	20.6%	2.8%	2.1%

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.