Parker-Hannifin Corporation (PH)

Parker-Hannifin Stock Forecast

Stock Price Forecast

The 22 analysts that cover Parker-Hannifin stock have a consensus rating of "Buy" and an average price target of $999.68, which forecasts a 15.88% increase in the stock price over the next year. The lowest target is $809 and the highest is $1,168.

Price Target: $999.68 (+15.88%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$809	$999.68	$1,020	$1,168
Change	-6.23%	+15.88%	+18.23%	+35.39%

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

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	6	6	5	5	5	5
Buy	10	13	12	13	13	14
Hold	4	4	4	4	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	20	23	21	22	21	22

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Chigusa Katoku JP Morgan	JP Morgan	Buy Maintains $1,100 → $1,060	Buy	Maintains	$1,100 → $1,060	+22.87%	May 7, 2026
Andrew Kaplowitz Citigroup	Citigroup	Strong Buy Maintains $1,137 → $1,141	Strong Buy	Maintains	$1,137 → $1,141	+32.26%	May 1, 2026
Andrew Kaplowitz Citigroup	Citigroup	Strong Buy Maintains $1,092 → $1,137	Strong Buy	Maintains	$1,092 → $1,137	+31.79%	Apr 13, 2026
Nathan Jones Stifel	Stifel	Hold Maintains $965 → $1,000	Hold	Maintains	$965 → $1,000	+15.91%	Apr 10, 2026
Joseph O'Dea Wells Fargo	Wells Fargo	Buy Maintains $1,050 → $980	Buy	Maintains	$1,050 → $980	+13.59%	Apr 1, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

21.94B

Increased by 10.53%

from 19.85B

Revenue Next Year

23.52B

Increased by 7.20%

from 21.94B

EPS This Year

32.21

Increased by 18.77%

from 27.12

EPS Next Year

35.16

Increased by 9.15%

from 32.21

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026	Jun 30, 2027
Revenue	14.35B	15.86B	19.07B	19.93B	19.85B	21.94B	23.52B
Revenue Growth	4.76%	10.55%	20.20%	4.54%	-0.40%	10.53%	7.20%
EPS	13.35	10.09	16.04	21.84	27.12	32.21	35.16
EPS Growth	44.17%	-24.42%	58.97%	36.16%	24.18%	18.77%	9.15%
Forward PE	-	-	-	-	-	26.78	24.54
No. Analysts	-	-	-	-	-	31	31

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

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	22.5B	27.2B
Avg	21.9B	23.5B
Low	20.8B	21.8B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	13.3%	24.0%
Avg	10.5%	7.2%
Low	4.7%	-0.5%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	35.61	37.17
Avg	32.21	35.16
Low	30.13	32.37

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	31.3%	15.4%
Avg	18.8%	9.1%
Low	11.1%	0.5%

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 sources.