Trane Technologies plc (TT)
NYSE: TT · Real-Time Price · USD
397.15
+7.96 (2.05%)
Jan 21, 2025, 4:00 PM EST - Market closed

Trane Technologies Stock Forecast

Stock Price Forecast

The 15 analysts with 12-month price forecasts for Trane Technologies stock have an average target of 405.27, with a low estimate of 315 and a high estimate of 500. The average target predicts an increase of 2.04% from the current stock price of 397.15.

Analyst Consensus: Buy
Target Low Average Median High
Price $315 $405.27 $400 $500
Change -20.68% +2.04% +0.72% +25.90%

Analyst Ratings

The average analyst rating for TT stock from 15 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 Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 443444
Buy 232222
Hold 777777
Sell 222222
Strong Sell 000000
Total 151614151515

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Hold
Maintains
$390$387
Hold Maintains $390$387 -2.56% Jan 15, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$478$476
Strong Buy Maintains $478$476 +19.85% Jan 13, 2025
Wells Fargo
Wells Fargo
Sell
Maintains
$390$380
Sell Maintains $390$380 -4.32% Jan 7, 2025
RBC Capital
RBC Capital
Hold
Maintains
$390$395
Hold Maintains $390$395 -0.54% Jan 3, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$457$478
Strong Buy Maintains $457$478 +20.36% Dec 9, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
20.32B
from 17.68B
Increased by 14.92%
Revenue Next Year
21.87B
from 20.32B
Increased by 7.66%
EPS This Year
11.47
from 8.77
Increased by 30.74%
EPS Next Year
13.09
from 11.47
Increased by 14.10%
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
13.08B12.45B14.14B15.99B17.68B20.32B21.87B23.42B
Revenue Growth
5.93%-4.75%13.50%13.12%10.54%14.92%7.66%7.09%
EPS
5.783.525.877.488.7711.4713.0914.65
EPS Growth
8.02%-39.13%67.05%27.29%17.30%30.74%14.10%11.94%
Forward PE
-----34.6330.3527.11
No. Analysts -----303021
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 20.9B 22.8B 24.8B
Avg 20.3B 21.9B 23.4B
Low 19.2B 20.5B 21.7B

Revenue Growth

Revenue Growth 20242025202620272028
High
18.1%
12.5%
13.2%
Avg
14.9%
7.7%
7.1%
Low
8.8%
0.8%
-0.8%

EPS Forecast

EPS 20242025202620272028
High 11.77 13.95 15.81
Avg 11.47 13.09 14.65
Low 10.87 12.15 13.47

EPS Growth

EPS Growth 20242025202620272028
High
34.2%
21.7%
20.8%
Avg
30.7%
14.1%
11.9%
Low
24.0%
6.0%
2.9%
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.