Parker-Hannifin Stock Forecast

Stock Price Forecast

According to 27 analysts polled by S&P Global, Parker-Hannifin stock has a consensus rating of "Buy" and an average price target of $1,032. The average 1-year stock price forecast is 3.15% higher than the current stock price, while the lowest is $680 (-32.05%) and the highest is $1,147 (+14.62%).

Price Target: $1,032 (+3.15%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$680	$1,032	$1,050	$1,147
Change	-32.05%	+3.15%	+4.92%	+14.62%

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	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	15	15	16	16	16	17
Buy	4	4	4	4	4	4
Hold	6	6	6	5	5	5
Sell	0	0	0	1	1	0
Strong Sell	1	1	1	0	0	1
Total	26	26	27	26	26	27

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jamie Cook Truist Financial	Truist Financial	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Jun 18, 2026
Unknown Analyst Bernstein No rating	Bernstein	Buy Initiates $1,026	Buy	Initiates	$1,026	+2.53%	Jun 9, 2026
Andrew Kaplowitz Citi	Citi	Buy Maintains $1,141	Buy	Maintains	$1,141	+14.02%	Jun 8, 2026
Julian Mitchell Barclays	Barclays	Buy Maintains $1,020	Buy	Maintains	$1,020	+1.93%	Jun 8, 2026
Joe O'Dea Wells Fargo	Wells Fargo	Buy Reiterates $980 → $950	Buy	Reiterates	$980 → $950	-5.07%	May 26, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

21.32B

from 19.85B

7.43%

from 19.85B

Revenue Next Year

22.64B

from 21.32B

6.18%

from 21.32B

EPS This Year

31.27

from 27.33

14.43%

from 27.33

EPS Next Year

34.08

from 31.27

8.98%

from 31.27

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026
Revenue	14.35B	15.86B	19.07B	19.93B	19.85B	21.32B
Revenue Growth	4.76%	10.55%	20.20%	4.54%	-0.40%	7.43%
Gross Profit	4.77B	5.32B	6.45B	7.16B	7.35B	8.03B
Gross Margin	33.25%	33.52%	33.81%	35.94%	37.01%	37.67%
Operating Income	2.37B	2.82B	3.38B	4.01B	4.21B	4.81B
Net Income	1.75B	1.32B	2.08B	2.84B	3.53B	3.49B
EPS	-	-	-	-	27.33	31.27
EPS Growth	-	-	-	-	7.43%	14.43%
Forward PE	18.33	12.95	17.99	19.87	24.61	32.00
Dividend / Share	3.67	4.42	5.47	6.07	6.69	7.36
Dividend Growth	-	20.44%	23.76%	10.97%	10.21%	9.98%
Free Cash Flow	2.09B	-3.42B	7.28B	2.79B	3.03B	3.51B
No. Analysts	-	-	-	-	-	24

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

Revenue Forecast

Revenue	2026	2027	2028
High	21.5B
Avg	21.3B
Low	21.3B

Revenue Growth

Revenue Growth	2026	2027	2028
High	8.1%
Avg	7.4%
Low	7.1%

EPS Forecast

EPS	2026	2027	2028
High	31.53
Avg	31.27
Low	30.74

EPS Growth

EPS Growth	2026	2027	2028
High	15.4%
Avg	14.4%
Low	12.5%