Emerson Electric Co. (EMR)
NYSE: EMR · Real-Time Price · USD
108.46
+0.19 (0.18%)
Nov 1, 2024, 4:00 PM EDT - Market closed
Emerson Electric Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Emerson Electric stock have an average target of 125.81, with a low estimate of 103 and a high estimate of 139. The average target predicts an increase of 16.00% from the current stock price of 108.46.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 8 | 9 | 9 | 7 | 7 |
| Buy | 6 | 6 | 6 | 5 | 5 | 4 |
| Hold | 3 | 3 | 3 | 4 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 17 | 18 | 18 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy → Hold Downgrades $135 → $120 | Buy → Hold | Downgrades | $135 → $120 | +10.64% | Oct 16, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $120 → $125 | Buy | Maintains | $120 → $125 | +15.25% | Sep 26, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Initiates $105 | Sell | Initiates | $105 | -3.19% | Sep 6, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $132 → $115 | Buy → Hold | Downgrades | $132 → $115 | +6.03% | Aug 14, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $140 → $139 | Buy | Maintains | $140 → $139 | +28.16% | Aug 8, 2024 |
Financial Forecast
Revenue This Year
17.62B
from 15.17B
Increased by 16.16%
Revenue Next Year
18.47B
from 17.62B
Increased by 4.84%
EPS This Year
5.53
from 22.90
Decreased by -75.84%
EPS Next Year
6.04
from 5.53
Increased by 9.12%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 18.4B | 19.7B | 21.3B | |||
| Avg | 17.6B | 18.5B | 19.4B | |||
| Low | 17.0B | 17.4B | 18.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 21.3% | 11.7% | 15.2% | |||
| Avg | 16.2% | 4.8% | 5.0% | |||
| Low | 12.0% | -1.0% | -1.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.78 | 6.97 | 7.68 | ||
| Avg | 5.53 | 6.04 | 6.40 | ||
| Low | 5.34 | 5.57 | 4.58 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -74.8% | 26.0% | 27.1% | ||
| Avg | -75.8% | 9.1% | 6.0% | ||
| Low | -76.7% | 0.6% | -24.2% |
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.