Eaton Corporation Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Eaton Corporation stock have an average target of 368.78, with a low estimate of 280 and a high estimate of 440. The average target predicts an increase of 3.12% from the current stock price of 357.63.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$280	$368.78	$370	$440
Change	-21.71%	+3.12%	+3.46%	+23.03%

Analyst Ratings

The average analyst rating for ETN stock from 19 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	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	8	8	7	8	8	8
Buy	5	6	6	6	6	6
Hold	3	4	4	5	5	5
Sell	1	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	17	18	17	19	19	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Stephen Tusa JP Morgan	JP Morgan	Buy Maintains $350 → $348	Buy	Maintains	$350 → $348	-2.69%	Jan 15, 2025
Andrew Kaplowitz Citigroup	Citigroup	Strong Buy Maintains $440 → $410	Strong Buy	Maintains	$440 → $410	+14.64%	Jan 13, 2025
Joseph O'Dea Wells Fargo	Wells Fargo	Hold Maintains $365 → $350	Hold	Maintains	$365 → $350	-2.13%	Jan 7, 2025
Deane Dray RBC Capital	RBC Capital	Buy Maintains $374 → $392	Buy	Maintains	$374 → $392	+9.61%	Jan 3, 2025
Andrew Kaplowitz Citigroup	Citigroup	Strong Buy Maintains $394 → $440	Strong Buy	Maintains	$394 → $440	+23.03%	Dec 9, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

25.28B

from 23.20B

8.98%

from 23.20B

Revenue Next Year

27.25B

from 25.28B

7.79%

from 25.28B

EPS This Year

10.90

from 8.02

35.95%

from 8.02

EPS Next Year

12.13

from 10.90

11.30%

from 10.90

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	21.39B	17.86B	19.63B	20.75B	23.20B	25.28B	27.25B	29.27B
Revenue Growth	-1.01%	-16.51%	9.91%	5.73%	11.78%	8.98%	7.79%	7.43%
EPS	5.25	3.49	5.34	6.14	8.02	10.90	12.13	13.66
EPS Growth	6.92%	-33.52%	53.01%	14.98%	30.62%	35.95%	11.30%	12.53%
Forward PE	-	-	-	-	-	32.80	29.47	26.19
No. Analysts	-	-	-	-	-	31	31	25

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

Revenue Forecast

Revenue	2024	2025	2026
High	26.5B	29.2B	31.6B
Avg	25.3B	27.2B	29.3B
Low	24.4B	25.9B	27.6B

Revenue Growth

Revenue Growth	2024	2025	2026
High	14.1%	15.4%	16.0%
Avg	9.0%	7.8%	7.4%
Low	5.2%	2.6%	1.4%

EPS Forecast

EPS	2024	2025	2026
High	11.39	12.90	14.99
Avg	10.90	12.13	13.66
Low	10.54	10.69	12.17

EPS Growth

EPS Growth	2024	2025	2026
High	42.1%	18.4%	23.6%
Avg	35.9%	11.3%	12.5%
Low	31.4%	-2.0%	0.3%

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.