Parker-Hannifin Corporation (PH)
NYSE: PH · Real-Time Price · USD
975.68
+3.13 (0.32%)
Oct 5, 2026, 4:00 PM EDT - Market closed

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 $1,155. The average 1-year stock price forecast is 18.41% higher than the current stock price, while the lowest is $680 (-30.31%) and the highest is $1,358 (+39.18%).

Price Target: $1,155 (+18.41%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$680$1,155$1,212$1,358
Change-30.31%+18.41%+24.22%+39.18%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy161616161616
Buy443333
Hold555556
Sell110000
Strong Sell001111
Total262625252526

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Stifel Nicolaus
Stifel Nicolaus
Hold
Maintains
$1,075
HoldMaintains$1,075+10.18%Oct 2, 2026
Unknown Analyst
Vertical Research
No rating
Vertical Research
Buy
Initiates
n/a
BuyInitiatesn/an/aSep 30, 2026
Wells Fargo
Wells Fargo
Hold
Initiates
$1,050
HoldInitiates$1,050+7.62%Sep 24, 2026
Unknown Analyst
Bernstein
No rating
Bernstein
Buy
Maintains
$1,218
BuyMaintains$1,218+24.84%Sep 21, 2026
Morgan Stanley
Morgan Stanley
Hold
Reiterates
$1,038
HoldReiterates$1,038+6.39%Sep 4, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
24.51B
from 21.50B
Increased by 14.01%
Revenue Next Year
26.39B
from 24.51B
Increased by 7.65%
EPS This Year
35.52
from 32.31
Increased by 9.92%
EPS Next Year
39.42
from 35.52
Increased by 10.98%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026Jun 30, 2027
Revenue
15.86B19.07B19.93B19.85B21.50B24.51B
Revenue Growth
10.55%20.20%4.54%-0.40%8.31%14.01%
Gross Profit
5.32B6.45B7.16B7.35B8.07B9.47B
Gross Margin
33.52%33.81%35.92%37.01%37.55%38.65%
Operating Income
2.82B3.38B3.94B4.17B4.73B6.00B
Net Income
1.32B2.08B2.84B3.53B3.65B4.03B
EPS
----32.3135.52
EPS Growth
----18.22%9.92%
Forward PE
12.9517.9919.8724.6129.4227.47
Dividend / Share
4.425.476.076.697.408.03
Dividend Growth
20.44%23.76%10.97%10.21%10.61%8.57%
Free Cash Flow
----3.91B3.80B
No. Analysts
-----13
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High25.6B
Avg24.5B
Low23.0B

Revenue Growth

Revenue Growth202720282029
High
19.0%
Avg
14.0%
Low
6.9%

EPS Forecast

EPS202720282029
High36.60
Avg35.52
Low34.83

EPS Growth

EPS Growth202720282029
High
13.3%
Avg
9.9%
Low
7.8%