TriNet Group, Inc. (TNET)
NYSE: TNET · IEX Real-Time Price · USD
99.66
+0.56 (0.57%)
Jul 2, 2024, 4:00 PM EDT - Market closed
TriNet Group Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for TriNet Group stock have an average target of 120.2, with a low estimate of 107 and a high estimate of 140. The average target predicts an increase of 20.61% from the current stock price of 99.66.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for TriNet Group stock from 5 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy Maintains $132 → $118 | Strong Buy | Maintains | $132 → $118 | +18.40% | Jun 24, 2024 |
| Needham | Needham | Strong Buy Maintains $150 → $140 | Strong Buy | Maintains | $150 → $140 | +40.48% | Apr 26, 2024 |
| TD Cowen | TD Cowen | Buy Maintains $129 → $140 | Buy | Maintains | $129 → $140 | +40.48% | Mar 4, 2024 |
| Needham | Needham | Strong Buy Reiterates $150 | Strong Buy | Reiterates | $150 | +50.51% | Mar 1, 2024 |
| Stifel | Stifel | Strong Buy Maintains $117 → $121 | Strong Buy | Maintains | $117 → $121 | +21.41% | Feb 16, 2024 |
Financial Forecast
Revenue This Year
5.12B
from 4.92B
Increased by 3.98%
Revenue Next Year
5.45B
from 5.12B
Increased by 6.53%
EPS This Year
6.02
from 6.56
Decreased by -8.29%
EPS Next Year
6.85
from 6.02
Increased by 13.86%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.3B | 5.7B | 6.0B |
| Avg | 5.1B | 5.5B | 5.8B |
| Low | 4.9B | 5.1B | 5.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.0% | 11.1% | 9.9% |
| Avg | 4.0% | 6.5% | 6.8% |
| Low | -0.6% | 0.4% | 2.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.82 | 7.87 | 8.03 | 7.69 | 8.70 |
| Avg | 6.02 | 6.85 | 7.36 | 7.47 | 8.46 |
| Low | 5.30 | 5.63 | 6.31 | 7.17 | 8.12 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.0% | 30.8% | 17.3% | 4.5% | 16.6% |
| Avg | -8.3% | 13.9% | 7.4% | 1.5% | 13.3% |
| Low | -19.2% | -6.5% | -7.9% | -2.5% | 8.8% |
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.