TriNet Group, Inc. (TNET)
NYSE: TNET · Real-Time Price · USD
93.00
+0.69 (0.75%)
Nov 22, 2024, 4:00 PM EST - Market closed

TriNet Group Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for TriNet Group stock have an average target of 117, with a low estimate of 103 and a high estimate of 140. The average target predicts an increase of 25.81% from the current stock price of 93.00.

Analyst Consensus: Buy
Target Low Average Median High
Price $103 $117 $121 $140
Change +10.75% +25.81% +30.11% +50.54%

Analyst Ratings

The average analyst rating for TriNet Group stock from 4 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 '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 333322
Buy 000000
Hold 111121
Sell 111111
Strong Sell 000000
Total 555554

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
TD Cowen
TD Cowen
Strong Buy
Maintains
$92$104
Strong Buy Maintains $92$104 +11.83% Nov 20, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$110$92
Strong Buy Maintains $110$92 -1.08% Oct 28, 2024
Needham
Needham
Hold
Downgrades
$140
Hold Downgrades $140 +50.54% Oct 28, 2024
JP Morgan
JP Morgan
Sell
Initiates
$103
Sell Initiates $103 +10.75% Oct 22, 2024
Needham
Needham
Strong Buy
Reiterates
$140
Strong Buy Reiterates $140 +50.54% Sep 11, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
5.07B
from 4.92B
Increased by 3.03%
Revenue Next Year
5.30B
from 5.07B
Increased by 4.42%
EPS This Year
5.22
from 6.56
Decreased by -20.37%
EPS Next Year
5.51
from 5.22
Increased by 5.44%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
3.86B4.03B4.54B4.89B4.92B5.07B5.30B5.62B
Revenue Growth
10.08%4.62%12.54%7.60%0.76%3.03%4.42%6.14%
EPS
2.993.995.075.616.565.225.516.32
EPS Growth
12.83%33.44%27.07%10.65%16.93%-20.37%5.44%14.78%
Forward PE
-----17.8016.8814.71
No. Analysts -----997
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 5.2B 5.5B 5.9B
Avg 5.1B 5.3B 5.6B
Low 4.9B 4.9B 5.2B

Revenue Growth

Revenue Growth 202420252026
High
6.3%
9.2%
12.0%
Avg
3.0%
4.4%
6.1%
Low
-1.4%
-3.0%
-1.8%

EPS Forecast

EPS 20242025202620272028
High 5.53 6.46 7.19
Avg 5.22 5.51 6.32
Low 4.91 4.15 4.61

EPS Growth

EPS Growth 20242025202620272028
High
-15.6%
23.6%
30.6%
Avg
-20.4%
5.4%
14.8%
Low
-25.2%
-20.6%
-16.4%
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.