TriNet Group, Inc. (TNET)
NYSE: TNET · IEX Real-Time Price · USD
129.50
+0.38 (0.29%)
At close: Apr 18, 2024, 4:00 PM
129.33
-0.17 (-0.13%)
After-hours: Apr 18, 2024, 7:58 PM EDT
TriNet Group Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for TriNet Group stock have an average target of 126.6, with a low estimate of 107 and a high estimate of 150. The average target predicts a decrease of -2.24% from the current stock price of 129.50.
Analyst Consensus: Buy
* Price targets were last updated on Mar 4, 2024.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 | Buy Maintains $129 → $140 | Buy | Maintains | $129 → $140 | +8.11% | Mar 4, 2024 |
| Needham | Needham | Strong Buy Reiterates $150 | Strong Buy | Reiterates | $150 | +15.83% | Mar 1, 2024 |
| Stifel | Stifel | Strong Buy Maintains $117 → $121 | Strong Buy | Maintains | $117 → $121 | -6.56% | Feb 16, 2024 |
| Needham | Needham | Strong Buy Maintains $135 → $150 | Strong Buy | Maintains | $135 → $150 | +15.83% | Feb 16, 2024 |
| UBS | UBS | Hold Maintains $110 → $115 | Hold | Maintains | $110 → $115 | -11.20% | Nov 9, 2023 |
Financial Forecast
Revenue This Year
5.13B
from 4.92B
Increased by 4.23%
Revenue Next Year
5.45B
from 5.13B
Increased by 6.32%
EPS This Year
6.78
from 6.56
Increased by 3.36%
EPS Next Year
7.34
from 6.78
Increased by 8.18%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.3B | 5.8B | 6.1B |
| Avg | 5.1B | 5.5B | 5.9B |
| Low | 4.9B | 5.0B | 5.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.6% | 12.2% | 11.1% |
| Avg | 4.2% | 6.3% | 7.9% |
| Low | -0.5% | -1.6% | 3.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.51 | 8.45 | 9.32 | 9.58 | 10.85 |
| Avg | 6.78 | 7.34 | 7.98 | 9.30 | 10.54 |
| Low | 5.71 | 5.53 | 6.30 | 8.94 | 10.12 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.5% | 24.7% | 27.1% | 20.1% | 16.6% |
| Avg | 3.4% | 8.2% | 8.7% | 16.6% | 13.3% |
| Low | -12.9% | -18.5% | -14.1% | 12.1% | 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.