Parker-Hannifin Stock Forecast

Stock Price Forecast

According to 25 analysts polled by S&P Global, Parker-Hannifin stock has a consensus rating of "Buy" and an average price target of $1,161. The average 1-year stock price forecast is 25.51% higher than the current stock price, while the lowest is $680 (-26.49%) and the highest is $1,358 (+46.81%).

Price Target: $1,161 (+25.51%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$680	$1,161	$1,214	$1,358
Change	-26.49%	+25.51%	+31.24%	+46.81%

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

Rating	Apr '26	May '26	Jun '26	Jul '26	Aug '26	Sep '26
Strong Buy	16	16	16	16	16	16
Buy	4	4	3	3	3	3
Hold	5	5	5	5	5	5
Sell	1	1	0	0	0	0
Strong Sell	0	0	1	1	1	1
Total	26	26	25	25	25	25

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Christine Yao Morgan Stanley No rating	Morgan Stanley	Hold Reiterates $1,038	Hold	Reiterates	$1,038	+12.22%	Sep 4, 2026
Unknown Analyst Bernstein No rating	Bernstein	Buy Maintains $1,218	Buy	Maintains	$1,218	+31.68%	Sep 3, 2026
Nathan Jones Stifel Nicolaus	Stifel Nicolaus	Hold Maintains $1,075	Hold	Maintains	$1,075	+16.22%	Sep 2, 2026
Amit Mehrotra UBS	UBS	Buy Maintains $1,250	Buy	Maintains	$1,250	+35.14%	Aug 17, 2026
Brett Linzey Mizuho Securities	Mizuho Securities	Buy Maintains $1,285	Buy	Maintains	$1,285	+38.92%	Aug 12, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

24.22B

from 21.50B

12.67%

from 21.50B

Revenue Next Year

26.21B

from 24.22B

8.20%

from 24.22B

EPS This Year

35.32

from 32.31

9.31%

from 32.31

EPS Next Year

39.16

from 35.32

10.88%

from 35.32

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026	Jun 30, 2027
Revenue	15.86B	19.07B	19.93B	19.85B	21.50B	24.22B
Revenue Growth	10.55%	20.20%	4.54%	-0.40%	8.31%	12.67%
Gross Profit	5.32B	6.45B	7.16B	7.35B	8.07B	9.39B
Gross Margin	33.52%	33.81%	35.92%	37.01%	37.55%	38.76%
Operating Income	2.82B	3.38B	3.94B	4.17B	4.73B	5.73B
Net Income	1.32B	2.08B	2.84B	3.53B	3.65B	4.01B
EPS	-	-	-	-	32.31	35.32
EPS Growth	-	-	-	-	18.22%	9.31%
Forward PE	12.95	17.99	19.87	24.61	29.42	26.19
Dividend / Share	4.42	5.47	6.07	6.69	7.40	8.15
Dividend Growth	20.44%	23.76%	10.97%	10.21%	10.61%	10.11%
Free Cash Flow	-3.42B	7.28B	2.74B	3.00B	2.96B	3.81B
No. Analysts	-	-	-	-	-	8

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	25.0B
Avg	24.2B
Low	23.0B

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	16.4%
Avg	12.7%
Low	6.9%

EPS Forecast

Chart

EPS	2027	2028	2029
High	35.89
Avg	35.32
Low	34.83

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	11.1%
Avg	9.3%
Low	7.8%