ITT Inc. (ITT)

Stock Price Forecast

According to 8 stock analysts, the average 12-month stock price forecast for ITT Inc. stock is $105.5, which predicts an increase of 6.40%. The lowest target is $94 and the highest is $115. On average, analysts rate ITT Inc. stock as a strong buy.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$94	$105.5	$107	$115
Change	-5.19%	+6.40%	+7.92%	+15.99%

* Price targets were last updated on Aug 29, 2023.

Analyst Ratings

The average analyst rating for ITT Inc. stock from 8 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	Apr '23	May '23	Jun '23	Jul '23	Aug '23	Sep '23
Strong Buy	4	4	4	4	4	4
Buy	5	5	5	3	4	4
Hold	1	1	1	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	10	10	10	7	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joseph Giordano TD Cowen	TD Cowen	Buy Maintains $100 → $105	Buy	Maintains	$100 → $105	+5.90%	Aug 29, 2023
Michael Halloran Baird	Baird	Buy Maintains $101 → $107	Buy	Maintains	$101 → $107	+7.92%	Aug 4, 2023
Jeffrey Hammond Keybanc	Keybanc	Buy Maintains $110 → $115	Buy	Maintains	$110 → $115	+15.99%	Aug 4, 2023
Nathan Jones Stifel	Stifel	Strong Buy Maintains $106 → $113	Strong Buy	Maintains	$106 → $113	+13.97%	Jul 19, 2023
Jeffrey Hammond Keybanc	Keybanc	Buy Maintains $100 → $110	Buy	Maintains	$100 → $110	+10.94%	Jul 13, 2023

Full Analyst Rating History

Financial Forecast

Revenue This Year

3.29B

Increased by 10.22%

from 2.99B

Revenue Next Year

3.46B

Increased by 5.16%

from 3.29B

EPS This Year

5.15

Increased by 17.61%

from 4.38

EPS Next Year

5.83

Increased by 13.19%

from 5.15

Year	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027
Revenue	2.75B	2.85B	2.48B	2.77B	2.99B	3.29B	3.46B	3.63B	3.87B	4.03B
Revenue Growth	6.18%	3.69%	-12.95%	11.59%	8.05%	10.22%	5.16%	4.79%	6.56%	4.24%
EPS	3.76	3.67	0.83	3.66	4.38	5.15	5.83	6.40	6.84	7.70
EPS Growth	193.75%	-2.39%	-77.38%	340.96%	19.67%	17.61%	13.19%	9.75%	6.93%	12.47%
No. Analysts	-	-	-	-	-	13	13	8	3	2

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

Revenue Forecast

Revenue	2023	2024	2025	2026	2027
High	3.5B	3.6B	3.9B	4.1B	4.2B
Avg	3.3B	3.5B	3.6B	3.9B	4.0B
Low	3.2B	3.3B	3.4B	3.7B	3.9B

Revenue Growth

Revenue Growth	2023	2024	2025	2026	2027
High	15.8%	10.7%	11.9%	12.6%	8.4%
Avg	10.2%	5.2%	4.8%	6.6%	4.2%
Low	6.0%	-1.1%	-1.3%	1.7%	1.1%

EPS Forecast

EPS	2023	2024	2025	2026	2027
High	5.46	6.15	6.86	7.20	8.00
Avg	5.15	5.83	6.40	6.84	7.70
Low	4.95	5.58	6.04	6.56	7.47

EPS Growth

EPS Growth	2023	2024	2025	2026	2027
High	24.7%	19.4%	17.6%	12.6%	16.9%
Avg	17.6%	13.2%	9.8%	6.9%	12.5%
Low	12.9%	8.4%	3.5%	2.5%	9.1%

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.