TAP Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for TAP stock have an average target of 69.5, with a low estimate of 62 and a high estimate of 77. The average target predicts an increase of 8.90% from the current stock price of 63.82.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$62	$69.5	$70	$77
Change	-2.85%	+8.90%	+9.68%	+20.65%

Analyst Ratings

The average analyst rating for TAP stock from 18 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	3	3	3	3	3	4
Buy	2	2	2	2	2	2
Hold	12	12	12	12	13	11
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	18	18	18	18	19	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Steve Powers Deutsche Bank	Deutsche Bank	Hold Maintains $64 → $65	Hold	Maintains	$64 → $65	+1.85%	Apr 17, 2024
Filippo Falorni Citigroup	Citigroup	Hold Maintains $63 → $66	Hold	Maintains	$63 → $66	+3.42%	Apr 16, 2024
Lauren Lieberman Barclays	Barclays	Hold Maintains $65 → $67	Hold	Maintains	$65 → $67	+4.98%	Apr 12, 2024
Bonnie Herzog Goldman Sachs	Goldman Sachs	Hold → Strong Buy Upgrades $66 → $75	Hold → Strong Buy	Upgrades	$66 → $75	+17.52%	Apr 9, 2024
Michael Lavery Piper Sandler	Piper Sandler	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Mar 22, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

11.98B

from 11.70B

2.37%

from 11.70B

Revenue Next Year

12.11B

from 11.98B

1.11%

from 11.98B

EPS This Year

5.72

from 4.37

30.85%

from 4.37

EPS Next Year

6.01

from 5.72

5.05%

from 5.72

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	10.58B	9.65B	10.28B	10.70B	11.70B	11.98B	12.11B	12.20B	12.24B	12.55B
Revenue Growth	-1.77%	-8.75%	6.48%	4.10%	9.36%	2.37%	1.11%	0.74%	0.28%	2.56%
EPS	1.11	-4.38	4.62	-0.81	4.37	5.72	6.01	6.28	6.03	6.81
EPS Growth	-78.45%	-	-	-	-	30.85%	5.05%	4.47%	-3.98%	12.97%
No. Analysts	-	-	-	-	-	22	20	13	5	2

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	12.7B	13.0B	13.0B	12.9B	13.0B
Avg	12.0B	12.1B	12.2B	12.2B	12.5B
Low	11.5B	11.5B	11.6B	11.6B	12.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	8.9%	8.2%	7.0%	5.6%	6.6%
Avg	2.4%	1.1%	0.7%	0.3%	2.6%
Low	-2.0%	-4.0%	-4.5%	-4.8%	-0.5%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	6.02	6.42	6.84	6.94	7.08
Avg	5.72	6.01	6.28	6.03	6.81
Low	5.39	5.57	5.83	4.82	6.61

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	37.7%	12.2%	13.8%	10.6%	17.4%
Avg	30.9%	5.1%	4.5%	-4.0%	13.0%
Low	23.3%	-2.6%	-2.9%	-23.2%	9.6%

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 disclaimer.