Parker-Hannifin Corporation (PH)
NYSE: PH · Real-Time Price · USD
958.34
+5.39 (0.57%)
At close: Jul 16, 2026, 4:00 PM EDT
958.50
+0.16 (0.02%)
After-hours: Jul 16, 2026, 7:01 PM EDT

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 $1,045. The average 1-year stock price forecast is 8.99% higher than the current stock price, while the lowest is $680 (-29.04%) and the highest is $1,269 (+32.42%).

Price Target: $1,045 (+8.99%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$680$1,045$1,060$1,269
Change-29.04%+8.99%+10.61%+32.42%

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

RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy151616161616
Buy444433
Hold665555
Sell001100
Strong Sell110011
Total262726262525

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Stifel Nicolaus
Stifel Nicolaus
Hold
Maintains
$1,000
HoldMaintains$1,000+4.35%Jul 14, 2026
Unknown Analyst
Edgewater Research
No rating
Edgewater Research
Hold
Initiates
n/a
HoldInitiatesn/an/aJul 10, 2026
Christopher Snyder
Morgan Stanley
Morgan Stanley
Hold
Maintains
$1,038
HoldMaintains$1,038+8.31%Jul 10, 2026
Truist Financial
Truist Financial
Buy
Maintains
$1,269
BuyMaintains$1,269+32.42%Jul 7, 2026
Unknown Analyst
Bernstein
No rating
Bernstein
Buy
Maintains
$1,026
BuyMaintains$1,026+7.06%Jul 2, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
21.33B
from 19.85B
Increased by 7.44%
Revenue Next Year
22.65B
from 21.33B
Increased by 6.20%
EPS This Year
31.28
from 27.33
Increased by 14.47%
EPS Next Year
34.10
from 31.28
Increased by 9.00%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingJun 30, 2021Jun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026
Revenue
14.35B15.86B19.07B19.93B19.85B21.33B
Revenue Growth
4.76%10.55%20.20%4.54%-0.40%7.44%
Gross Profit
4.77B5.32B6.45B7.16B7.35B8.03B
Gross Margin
33.25%33.52%33.81%35.94%37.01%37.64%
Operating Income
2.37B2.82B3.38B4.01B4.21B4.80B
Net Income
1.75B1.32B2.08B2.84B3.53B3.49B
EPS
----27.3331.28
EPS Growth
----7.43%14.47%
Forward PE
18.3312.9517.9919.8724.6130.63
Dividend / Share
3.674.425.476.076.697.32
Dividend Growth
-20.44%23.76%10.97%10.21%9.37%
Free Cash Flow
2.09B-3.42B7.28B2.79B3.03B3.53B
No. Analysts
-----23
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High21.5B
Avg21.3B
Low21.3B

Revenue Growth

Revenue Growth202620272028
High
8.1%
Avg
7.4%
Low
7.1%

EPS Forecast

EPS202620272028
High31.53
Avg31.28
Low30.74

EPS Growth

EPS Growth202620272028
High
15.4%
Avg
14.5%
Low
12.5%