Applied Industrial Technologies, Inc. (AIT)

Applied Industrial Technologies Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for AIT stock have an average target of 261.25, with a low estimate of 215 and a high estimate of 305. The average target predicts a decrease of -3.59% from the current stock price of 270.97.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$215	$261.25	$270	$305
Change	-20.66%	-3.59%	-0.36%	+12.56%

Analyst Ratings

The average analyst rating for Applied Industrial Technologies stock from 8 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	1	1	1	1	1	1
Buy	3	3	3	5	6	6
Hold	0	0	0	0	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	6	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Christopher Glynn Oppenheimer	Oppenheimer	Buy Maintains $260 → $305	Buy	Maintains	$260 → $305	+12.56%	Nov 14, 2024
Chris Dankert Loop Capital	Loop Capital	Strong Buy Maintains $230 → $270	Strong Buy	Maintains	$230 → $270	-0.36%	Oct 28, 2024
Sam Darkatsh Raymond James	Raymond James	Buy Maintains $225 → $250	Buy	Maintains	$225 → $250	-7.74%	Oct 25, 2024
Sabrina Abrams B of A Securities	B of A Securities	Hold Maintains $232 → $240	Hold	Maintains	$232 → $240	-11.43%	Oct 25, 2024
Steve Barger Keybanc	Keybanc	Buy Maintains $245 → $275	Buy	Maintains	$245 → $275	+1.49%	Oct 25, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

4.57B

Increased by 2.07%

from 4.48B

Revenue Next Year

4.82B

Increased by 5.34%

from 4.57B

EPS This Year

9.87

Increased by 0.37%

from 9.83

EPS Next Year

10.68

Increased by 8.26%

from 9.87

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jun 30, 2020	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026	Jun 30, 2027
Revenue	3.25B	3.24B	3.81B	4.41B	4.48B	4.57B	4.82B	5.01B
Revenue Growth	-6.54%	-0.30%	17.76%	15.80%	1.51%	2.07%	5.34%	4.07%
EPS	0.62	3.68	6.58	8.84	9.83	9.87	10.68	11.69
EPS Growth	-83.15%	493.55%	78.80%	34.35%	11.20%	0.37%	8.26%	9.46%
Forward PE	-	-	-	-	-	27.46	25.37	23.18
No. Analysts	-	-	-	-	-	9	9	3

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

Revenue Forecast

Revenue	2025	2026	2027
High	4.8B	5.1B	5.2B
Avg	4.6B	4.8B	5.0B
Low	4.4B	4.6B	4.8B

Revenue Growth

Revenue Growth	2025	2026	2027
High	7.4%	11.2%	8.7%
Avg	2.1%	5.3%	4.1%
Low	-1.8%	0.0%	0.5%

EPS Forecast

EPS	2025	2026	2027
High	10.41	11.34	12.48
Avg	9.87	10.68	11.69
Low	9.42	10.09	11.03

EPS Growth

EPS Growth	2025	2026	2027
High	5.9%	14.9%	16.9%
Avg	0.4%	8.3%	9.5%
Low	-4.2%	2.3%	3.3%

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.