Parker-Hannifin Corporation (PH)
NYSE: PH · Real-Time Price · USD
872.23
+21.47 (2.52%)
At close: Jun 4, 2026, 4:00 PM EDT
869.77
-2.46 (-0.28%)
Pre-market: Jun 5, 2026, 7:04 AM EDT

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 $1,033. The average 1-year stock price forecast is 18.37% higher than the current stock price, while the lowest is $680 (-22.04%) and the highest is $1,147 (+31.50%).

Price Target: $1,033 (+18.37%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$680$1,033$1,055$1,147
Change-22.04%+18.37%+20.95%+31.50%

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

RatingDec '25Jan '26Feb '26Mar '26Apr '26May '26
Strong Buy151515161616
Buy344444
Hold666655
Sell000011
Strong Sell111100
Total252626272626

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Wells Fargo
Wells Fargo
Buy
Reiterates
$980$950
BuyReiterates$980$950+8.92%May 26, 2026
Truist Financial
Truist Financial
Buy
Maintains
n/a
BuyMaintainsn/an/aMay 22, 2026
Barclays
Barclays
Buy
Maintains
$1,020
BuyMaintains$1,020+16.94%May 22, 2026
Evercore ISI
Evercore ISI
Buy
Maintains
$1,168$1,064
BuyMaintains$1,168$1,064+21.99%May 11, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
$1,100$1,060
BuyMaintains$1,100$1,060+21.53%May 7, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
21.32B
from 19.85B
Increased by 7.40%
Revenue Next Year
22.62B
from 21.32B
Increased by 6.10%
EPS This Year
27.22
from 27.12
Increased by 0.35%
EPS Next Year
30.65
from 27.22
Increased by 12.64%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingJun 30, 2021Jun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026
Revenue
14.35B15.86B19.07B19.93B19.85B21.32B
Revenue Growth
4.76%10.55%20.20%4.54%-0.40%7.40%
Gross Profit
4.77B5.32B6.45B7.16B7.35B8.03B
Gross Margin
33.25%33.52%33.81%35.94%37.01%37.68%
Operating Income
2.37B2.82B3.38B4.01B4.21B4.81B
Net Income
1.75B1.32B2.08B2.84B3.53B3.49B
Dividend / Share
3.674.425.476.076.697.36
Dividend Growth
-20.44%23.76%10.97%10.21%9.98%
Free Cash Flow
2.09B-3.42B7.28B2.79B3.03B3.51B
No. Analysts
-----23

Revenue Forecast

Revenue202620272028
High21.4B
Avg21.3B
Low21.3B

Revenue Growth

Revenue Growth202620272028
High
7.9%
Avg
7.4%
Low
7.1%

EPS Forecast

EPS202620272028
High27.81
Avg27.22
Low26.92

EPS Growth

EPS Growth202620272028
High
2.5%
Avg
0.4%
Low
-0.7%
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.