Titan Machinery Inc. (TITN)
NASDAQ: TITN · Real-Time Price · USD
14.54
+0.49 (3.45%)
Nov 21, 2024, 2:12 PM EST - Market open
Titan Machinery Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Titan Machinery stock have an average target of 21, with a low estimate of 13 and a high estimate of 42. The average target predicts an increase of 44.48% from the current stock price of 14.54.
Analyst Consensus: Buy
* Price targets were last updated on Sep 13, 2024.
Analyst Ratings
The average analyst rating for TITN stock from 6 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Hold | 2 | 2 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 7 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Northland Capital Markets | Northland Capital Markets | Hold Reiterates $25 | Hold | Reiterates | $25 | +72.00% | Sep 13, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Maintains $20 → $15 | Hold | Maintains | $20 → $15 | +3.20% | Sep 3, 2024 |
| Northland Capital Markets | Northland Capital Markets | Hold Reiterates $15 → $25 | Hold | Reiterates | $15 → $25 | +72.00% | Aug 30, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy → Hold Downgrades $33 → $15 | Buy → Hold | Downgrades | $33 → $15 | +3.20% | Aug 20, 2024 |
| Lake Street | Lake Street | Strong Buy → Hold Downgrades $15 | Strong Buy → Hold | Downgrades | $15 | +3.20% | Aug 15, 2024 |
Financial Forecast
Revenue This Year
2.71B
from 2.76B
Decreased by -1.65%
Revenue Next Year
2.56B
from 2.71B
Decreased by -5.53%
EPS This Year
0.20
from 4.93
Decreased by -95.86%
EPS Next Year
-0.45
from 0.20
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.8B | 2.8B | 2.7B | ||
| Avg | 2.7B | 2.6B | 2.6B | ||
| Low | 2.5B | 2.2B | 2.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.6% | 2.4% | 5.5% | ||
| Avg | -1.6% | -5.5% | 2.5% | ||
| Low | -7.9% | -18.2% | -1.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.44 | -0.08 | -0.32 | ||
| Avg | 0.20 | -0.45 | -0.31 | ||
| Low | -0.02 | -0.61 | -0.29 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -91.1% | - | - | ||
| Avg | -95.9% | - | - | ||
| Low | - | - | - |
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.