Emerson Electric Co. (EMR)
NYSE: EMR · IEX Real-Time Price · USD
109.81
-1.68 (-1.51%)
Apr 17, 2024, 4:00 PM EDT - Market closed

Emerson Electric Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Emerson Electric stock have an average target of 114.89, with a low estimate of 89 and a high estimate of 133. The average target predicts an increase of 4.63% from the current stock price of 109.81.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $89 $114.89 $120 $133
Change -18.95% +4.63% +9.28% +21.12%

Analyst Ratings

The average analyst rating for Emerson Electric stock from 18 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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 556688
Buy 999977
Hold 554433
Sell 000000
Strong Sell 000000
Total 191919191818

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Maintains
$120$133
Strong Buy Maintains $120$133 +21.12% Apr 8, 2024
Barclays
Barclays
Hold
Maintains
$95$105
Hold Maintains $95$105 -4.38% Apr 2, 2024
UBS
UBS
Hold
Maintains
$95$120
Hold Maintains $95$120 +9.28% Mar 21, 2024
Berenberg
Berenberg
Strong Buy
Maintains
$100$130
Strong Buy Maintains $100$130 +18.39% Mar 6, 2024
B of A Securities
B of A Securities
Strong Buy
Maintains
$120$130
Strong Buy Maintains $120$130 +18.39% Mar 4, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
17.77B
from 15.17B
Increased by 17.15%
Revenue Next Year
18.73B
from 17.77B
Increased by 5.43%
EPS This Year
5.44
from 22.88
Decreased by -76.21%
EPS Next Year
5.92
from 5.44
Increased by 8.75%
Year 2019202020212022202320242025202620272028
Revenue
18.37B16.79B12.93B13.80B15.17B17.77B18.73B19.60B20.80B21.97B
Revenue Growth
5.54%-8.64%-22.96%6.74%9.86%17.15%5.43%4.62%6.15%5.63%
EPS
3.713.243.825.4122.885.445.926.507.007.39
EPS Growth
7.23%-12.67%17.90%41.62%322.92%-76.21%8.75%9.79%7.70%5.63%
No. Analysts -----27251322
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 18.6B 19.8B 20.9B 21.6B 22.8B
Avg 17.8B 18.7B 19.6B 20.8B 22.0B
Low 17.1B 17.8B 18.6B 20.2B 21.3B

Revenue Growth

Revenue Growth 20242025202620272028
High
22.9%
11.5%
11.5%
10.4%
9.8%
Avg
17.2%
5.4%
4.6%
6.1%
5.6%
Low
12.4%
0.3%
-0.6%
3.0%
2.5%

EPS Forecast

EPS 20242025202620272028
High 5.74 6.90 6.88 7.28 7.69
Avg 5.44 5.92 6.50 7.00 7.39
Low 5.18 4.66 6.02 6.79 7.17

EPS Growth

EPS Growth 20242025202620272028
High
-74.9%
26.7%
16.2%
12.0%
9.8%
Avg
-76.2%
8.8%
9.8%
7.7%
5.6%
Low
-77.3%
-14.5%
1.7%
4.5%
2.5%
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.