Emerson Electric Co. (EMR)
NYSE: EMR · IEX Real-Time Price · USD
109.27
+1.22 (1.13%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Emerson Electric Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Emerson Electric stock have an average target of 122.76, with a low estimate of 105 and a high estimate of 138. The average target predicts an increase of 12.35% from the current stock price of 109.27.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Emerson Electric stock from 17 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 8 | 8 | 9 | 8 |
| Buy | 9 | 9 | 7 | 7 | 6 | 6 |
| Hold | 4 | 4 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 19 | 18 | 18 | 18 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $133 → $137 | Buy | Maintains | $133 → $137 | +25.38% | Jun 26, 2024 |
| Loop Capital | Loop Capital | Strong Buy Maintains $130 → $135 | Strong Buy | Maintains | $130 → $135 | +23.55% | May 10, 2024 |
| Barclays | Barclays | Hold Maintains $105 → $110 | Hold | Maintains | $105 → $110 | +0.67% | May 10, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $130 → $135 | Strong Buy | Maintains | $130 → $135 | +23.55% | May 9, 2024 |
| Baird | Baird | Hold Maintains $120 → $116 | Hold | Maintains | $120 → $116 | +6.16% | May 9, 2024 |
Financial Forecast
Revenue This Year
17.74B
from 15.17B
Increased by 16.95%
Revenue Next Year
18.70B
from 17.74B
Increased by 5.41%
EPS This Year
5.52
from 22.88
Decreased by -75.88%
EPS Next Year
6.07
from 5.52
Increased by 10.07%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.5B | 19.7B | 21.2B | 22.4B | 23.8B |
| Avg | 17.7B | 18.7B | 19.6B | 21.3B | 22.6B |
| Low | 17.1B | 17.8B | 18.6B | 20.4B | 21.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.2% | 11.2% | 13.3% | 14.4% | 11.6% |
| Avg | 17.0% | 5.4% | 4.9% | 8.7% | 5.8% |
| Low | 13.0% | 0.2% | -0.7% | 4.2% | 1.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.80 | 6.96 | 7.72 | 7.43 | 7.84 |
| Avg | 5.52 | 6.07 | 6.68 | 7.15 | 7.54 |
| Low | 5.27 | 5.64 | 6.28 | 6.94 | 7.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -74.7% | 26.1% | 27.0% | 11.2% | 9.7% |
| Avg | -75.9% | 10.1% | 10.0% | 7.0% | 5.5% |
| Low | -77.0% | 2.1% | 3.4% | 3.8% | 2.4% |
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.