Parker-Hannifin Corporation (PH)
NYSE: PH · Real-Time Price · USD
930.02
+18.10 (1.98%)
Oct 29, 2026, 1:31 PM EDT - Market open

Parker-Hannifin Stock Forecast

Stock Price Forecast

According to 26 analysts polled by S&P Global, Parker-Hannifin stock has a consensus rating of "Buy" and an average price target of $1,153. The average 1-year stock price forecast is 23.93% higher than the current stock price, while the lowest is $680 (-26.88%) and the highest is $1,358 (+46.02%).

Price Target: $1,153 (+23.93%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$680$1,153$1,205$1,358
Change-26.88%+23.93%+29.57%+46.02%

Analyst Ratings

The average analyst rating for Parker-Hannifin stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy161616161616
Buy433333
Hold555566
Sell100001
Strong Sell011110
Total262525252626

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bank of America Securities
Bank of America Securities
Buy
Maintains
$1,200
BuyMaintains$1,200+29.03%Oct 23, 2026
Morgan Stanley
Morgan Stanley
Hold
Reiterates
$1,038
HoldReiterates$1,038+11.61%Oct 19, 2026
Stifel Nicolaus
Stifel Nicolaus
Hold
Maintains
$1,075 → $1,002
HoldMaintains$1,075 → $1,002+7.74%Oct 19, 2026
Mizuho Securities
Mizuho Securities
Buy
Maintains
$1,285 → $1,200
BuyMaintains$1,285 → $1,200+29.03%Oct 15, 2026
TD Cowen
TD Cowen
Hold
Reiterates
$850 → $950
HoldReiterates$850 → $950+2.15%Oct 14, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
24.67B
from 21.50B
Increased by 14.77%
Revenue Next Year
26.59B
from 24.67B
Increased by 7.77%
EPS This Year
35.57
from 32.31
Increased by 10.08%
EPS Next Year
39.75
from 35.57
Increased by 11.75%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026Jun 30, 2027
Revenue
15.86B19.07B19.93B19.85B21.50B24.67B
Revenue Growth
10.55%20.20%4.54%-0.40%8.31%14.77%
Gross Profit
5.32B6.45B7.16B7.35B8.07B9.51B
Gross Margin
33.52%33.81%35.92%37.01%37.55%38.55%
Operating Income
2.82B3.38B3.94B4.17B4.73B5.88B
Net Income
1.32B2.08B2.84B3.53B3.65B3.96B
EPS
----32.3135.57
EPS Growth
----18.22%10.08%
Forward PE
12.9517.9919.8724.6129.4226.15
Dividend / Share
4.425.476.076.697.408.09
Dividend Growth
20.44%23.76%10.97%10.21%10.61%9.39%
Free Cash Flow
----3.91B3.82B
No. Analysts
-----16
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High25.1B
Avg24.7B
Low23.0B

Revenue Growth

Revenue Growth202720282029
High
16.8%
Avg
14.8%
Low
6.9%

EPS Forecast

EPS202720282029
High36.21
Avg35.57
Low34.83

EPS Growth

EPS Growth202720282029
High
12.1%
Avg
10.1%
Low
7.8%