Emerson Electric Co. (EMR)
NYSE: EMR · Real-Time Price · USD
129.10
-0.46 (-0.36%)
At close: Nov 20, 2024, 4:00 PM
130.00
+0.90 (0.70%)
Pre-market: Nov 21, 2024, 6:03 AM EST
Emerson Electric Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Emerson Electric stock have an average target of 130.44, with a low estimate of 115 and a high estimate of 140. The average target predicts an increase of 1.04% from the current stock price of 129.10.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Emerson Electric stock from 16 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 | 8 | 9 | 9 | 7 | 7 | 7 |
| Buy | 6 | 6 | 5 | 5 | 4 | 4 |
| Hold | 3 | 3 | 4 | 3 | 4 | 5 |
| Sell | 0 | 0 | 0 | 1 | 1 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 18 | 18 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Initiates $120 → $135 | Hold | Initiates | $120 → $135 | +4.57% | Nov 13, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $139 → $138 | Buy | Maintains | $139 → $138 | +6.89% | Nov 6, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $128 → $135 | Buy | Maintains | $128 → $135 | +4.57% | Nov 6, 2024 |
| Barclays | Barclays | Hold Maintains $103 → $116 | Hold | Maintains | $103 → $116 | -10.15% | Nov 6, 2024 |
| Keybanc | Keybanc | Buy Maintains $125 → $140 | Buy | Maintains | $125 → $140 | +8.44% | Nov 6, 2024 |
Financial Forecast
Revenue This Year
18.50B
from 17.49B
Increased by 5.76%
Revenue Next Year
19.42B
from 18.50B
Increased by 4.98%
EPS This Year
6.02
from 3.43
Increased by 75.44%
EPS Next Year
6.42
from 6.02
Increased by 6.64%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 19.5B | 20.7B | 22.0B | ||
| Avg | 18.5B | 19.4B | 20.4B | ||
| Low | 17.8B | 18.5B | 19.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 11.4% | 11.9% | 13.1% | ||
| Avg | 5.8% | 5.0% | 5.1% | ||
| Low | 1.5% | -0.2% | -1.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 6.46 | 6.99 | 7.67 | |
| Avg | 6.02 | 6.42 | 7.10 | |
| Low | 5.73 | 4.72 | 6.54 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 88.3% | 16.2% | 19.5% | |
| Avg | 75.4% | 6.6% | 10.7% | |
| Low | 67.2% | -21.5% | 1.9% |
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.