Ingersoll Rand Inc. (IR)
NYSE: IR · Real-Time Price · USD
92.28
+1.02 (1.12%)
Dec 20, 2024, 4:00 PM EST - Market closed
Ingersoll Rand Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Ingersoll Rand stock have an average target of 105.77, with a low estimate of 88 and a high estimate of 124. The average target predicts an increase of 14.62% from the current stock price of 92.28.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Ingersoll Rand stock from 13 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 5 | 4 | 4 | 4 | 4 | 4 |
| Hold | 3 | 3 | 4 | 4 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 11 | 12 | 12 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $109 → $121 | Strong Buy | Maintains | $109 → $121 | +31.12% | Dec 12, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $112 → $119 | Strong Buy | Maintains | $112 → $119 | +28.96% | Dec 9, 2024 |
| Barclays | Barclays | Buy Maintains $105 → $120 | Buy | Maintains | $105 → $120 | +30.04% | Dec 5, 2024 |
| Stifel | Stifel | Strong Buy → Hold Downgrades $112 → $107 | Strong Buy → Hold | Downgrades | $112 → $107 | +15.95% | Nov 18, 2024 |
| UBS | UBS | Strong Buy Initiates $102 → $124 | Strong Buy | Initiates | $102 → $124 | +34.37% | Nov 13, 2024 |
Financial Forecast
Revenue This Year
7.48B
from 6.88B
Increased by 8.80%
Revenue Next Year
7.98B
from 7.48B
Increased by 6.62%
EPS This Year
3.41
from 1.90
Increased by 79.47%
EPS Next Year
3.65
from 3.41
Increased by 7.05%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.7B | 8.3B | 9.1B | ||
| Avg | 7.5B | 8.0B | 8.5B | ||
| Low | 7.1B | 7.5B | 7.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.3% | 11.5% | 14.2% | ||
| Avg | 8.8% | 6.6% | 6.0% | ||
| Low | 3.2% | -0.3% | -1.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.50 | 3.83 | 4.37 | ||
| Avg | 3.41 | 3.65 | 4.02 | ||
| Low | 3.22 | 3.33 | 3.66 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 84.0% | 12.4% | 19.7% | ||
| Avg | 79.5% | 7.1% | 10.1% | ||
| Low | 69.7% | -2.3% | 0.1% |
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.