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 59.21% from the current stock price of 13.19.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$13	$21	$16	$42
Change	-1.44%	+59.21%	+21.30%	+218.42%

* 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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	2	1	1	1	1	1
Buy	2	2	1	1	1	1
Hold	2	4	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	7	6	6	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ted Jackson Northland Capital Markets	Northland Capital Markets	Hold Reiterates $25	Hold	Reiterates	$25	+89.54%	Sep 13, 2024
Alex Rygiel B. Riley Securities	B. Riley Securities	Hold Maintains $20 → $15	Hold	Maintains	$20 → $15	+13.72%	Sep 3, 2024
Ted Jackson Northland Capital Markets	Northland Capital Markets	Hold Reiterates $15 → $25	Hold	Reiterates	$15 → $25	+89.54%	Aug 30, 2024
Ted Jackson Northland Capital Markets	Northland Capital Markets	Buy → Hold Downgrades $33 → $15	Buy → Hold	Downgrades	$33 → $15	+13.72%	Aug 20, 2024
Ben Klieve Lake Street	Lake Street	Strong Buy → Hold Downgrades $15	Strong Buy → Hold	Downgrades	$15	+13.72%	Aug 15, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.72B

from 2.76B

-1.25%

from 2.76B

Revenue Next Year

2.48B

from 2.72B

-8.96%

from 2.72B

EPS This Year

0.07

from 4.93

-98.62%

from 4.93

EPS Next Year

-0.70

from 0.07

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jan 31, 2020	Jan 31, 2021	Jan 31, 2022	Jan 31, 2023	Jan 31, 2024	Jan 31, 2025	Jan 31, 2026	Jan 31, 2027
Revenue	1.31B	1.41B	1.71B	2.21B	2.76B	2.72B	2.48B	2.51B
Revenue Growth	3.46%	8.13%	21.31%	29.06%	24.86%	-1.25%	-8.96%	1.13%
EPS	0.63	0.86	2.92	4.49	4.93	0.07	-0.70	0.92
EPS Growth	13.91%	37.44%	239.53%	53.77%	9.80%	-98.62%	-	-
Forward PE	-	-	-	-	-	193.96	-	14.37
No. Analysts	-	-	-	-	-	7	7	4

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

Revenue Forecast

Revenue	2025	2026	2027
High	2.8B	2.7B	2.7B
Avg	2.7B	2.5B	2.5B
Low	2.6B	2.2B	2.3B

Revenue Growth

Revenue Growth	2025	2026	2027
High	2.4%	-1.4%	9.7%
Avg	-1.2%	-9.0%	1.1%
Low	-6.1%	-19.1%	-8.1%

EPS Forecast

EPS	2025	2026	2027
High	0.16	-0.21	0.95
Avg	0.07	-0.70	0.92
Low	-	-1.32	0.88

EPS Growth

EPS Growth	2025	2026	2027
High	-96.8%	-	-
Avg	-98.6%	-	-
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.