Titan Machinery Inc. (TITN)
NASDAQ: TITN · IEX Real-Time Price · USD
24.75
+0.53 (2.19%)
Mar 28, 2024, 12:08 PM EDT - Market open
Titan Machinery Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Titan Machinery stock have an average target of 45.5, with a low estimate of 42 and a high estimate of 50. The average target predicts an increase of 83.84% from the current stock price of 24.75.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jan 12, 2024.
Analyst Ratings
The average analyst rating for TITN stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Buy | 1 | 1 | 1 | 2 | 2 | 2 |
Hold | 1 | 1 | 1 | 1 | 1 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 4 | 4 | 4 | 5 | 5 | 4 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Stephens & Co. | Stephens & Co. | Buy Reiterates $42 | Buy | Reiterates | $42 | +69.70% | Jan 12, 2024 |
B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $44 | Strong Buy | Reiterates | $44 | +77.78% | Sep 1, 2023 |
Stephens & Co. | Stephens & Co. | Buy Reiterates $46 | Buy | Reiterates | $46 | +85.86% | Aug 31, 2023 |
Lake Street | Lake Street | Strong Buy Initiates $50 | Strong Buy | Initiates | $50 | +102.02% | Jul 25, 2023 |
B. Riley Securities | B. Riley Securities | Strong Buy Maintains $48 → $44 | Strong Buy | Maintains | $48 → $44 | +77.78% | May 31, 2023 |
Financial Forecast
Revenue This Year
2.69B
from 2.21B
Increased by 21.94%
Revenue Next Year
2.80B
from 2.69B
Increased by 3.75%
EPS This Year
5.02
from 4.49
Increased by 11.83%
EPS Next Year
4.49
from 5.02
Decreased by -10.65%
Revenue Forecast
Revenue | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|
High | 2.8B | 3.0B | 5.2B | 3.0B | 3.1B |
Avg | 2.7B | 2.8B | 5.1B | 2.9B | 3.0B |
Low | 2.6B | 2.6B | 4.9B | 2.8B | 2.9B |
Revenue Growth
Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|
High | 26.6% | 10.2% | 86.6% | -40.2% | 6.2% |
Avg | 21.9% | 3.7% | 81.3% | -41.9% | 3.1% |
Low | 16.1% | -2.8% | 74.2% | -44.2% | -0.9% |
EPS Forecast
EPS | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|
High | 5.35 | 5.20 | 4.32 | 3.85 | 4.02 |
Avg | 5.02 | 4.49 | 4.19 | 3.74 | 3.91 |
Low | 4.70 | 4.07 | 4.03 | 3.60 | 3.75 |
EPS Growth
EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|
High | 19.3% | 3.5% | -3.8% | -8.1% | 7.4% |
Avg | 11.8% | -10.6% | -6.6% | -10.7% | 4.4% |
Low | 4.8% | -19.0% | -10.2% | -14.2% | 0.3% |
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.