Gates Industrial Corporation plc (GTES)

GTES Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for GTES stock have an average target of 22.67, with a low estimate of 19 and a high estimate of 27. The average target predicts an increase of 25.63% from the current stock price of 18.05.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$19	$22.67	$22	$27
Change	+5.29%	+25.63%	+21.92%	+49.63%

Analyst Ratings

The average analyst rating for GTES stock from 9 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	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	2	2	2	2	2	2
Buy	4	5	5	5	4	4
Hold	4	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	10	10	10	10	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrew Kaplowitz Citigroup	Citigroup	Strong Buy Maintains $27 → $21	Strong Buy	Maintains	$27 → $21	+16.38%	Apr 14, 2025
Julian Mitchell Barclays	Barclays	Buy Maintains $25 → $22	Buy	Maintains	$25 → $22	+21.92%	Apr 10, 2025
Jeffrey Hammond Keybanc	Keybanc	Buy Maintains $27 → $21	Buy	Maintains	$27 → $21	+16.38%	Apr 8, 2025
Julian Mitchell Barclays	Barclays	Buy Maintains $26 → $25	Buy	Maintains	$26 → $25	+38.54%	Mar 26, 2025
Jerry Revich Goldman Sachs	Goldman Sachs	Hold Maintains $26 → $23	Hold	Maintains	$26 → $23	+27.46%	Mar 19, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

3.45B

Increased by 1.11%

from 3.41B

Revenue Next Year

3.60B

Increased by 4.59%

from 3.45B

EPS This Year

1.46

Increased by 97.46%

from 0.74

EPS Next Year

1.71

Increased by 17.17%

from 1.46

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jan 2, 2021	Jan 1, 2022	Dec 31, 2022	Dec 30, 2023	Dec 28, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	2.79B	3.47B	3.55B	3.57B	3.41B	3.45B	3.60B	3.72B
Revenue Growth	-9.53%	24.40%	2.30%	0.45%	-4.54%	1.11%	4.59%	3.25%
EPS	0.27	1.00	0.77	0.84	0.74	1.46	1.71	1.89
EPS Growth	-88.64%	271.78%	-23.14%	9.01%	-11.95%	97.46%	17.17%	10.73%
Forward PE	-	-	-	-	-	12.39	10.57	9.55
No. Analysts	-	-	-	-	-	13	13	8

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

Revenue Forecast

Revenue	2025	2026	2027
High	3.6B	3.9B	3.9B
Avg	3.4B	3.6B	3.7B
Low	3.3B	3.4B	3.5B

Revenue Growth

Revenue Growth	2025	2026	2027
High	5.7%	12.3%	7.9%
Avg	1.1%	4.6%	3.2%
Low	-4.4%	-2.2%	-3.9%

EPS Forecast

EPS	2025	2026	2027
High	1.56	1.88	2.00
Avg	1.46	1.71	1.89
Low	1.31	1.53	1.67

EPS Growth

EPS Growth	2025	2026	2027
High	112.1%	29.0%	16.9%
Avg	97.5%	17.2%	10.7%
Low	77.1%	4.8%	-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.