Trane Technologies plc (TT)
NYSE: TT · Real-Time Price · USD
458.89
+1.53 (0.33%)
Oct 16, 2026, 4:00 PM EDT - Market closed

Trane Technologies Stock Forecast

Stock Price Forecast

According to 26 analysts polled by S&P Global, Trane Technologies stock has a consensus rating of "Buy" and an average price target of $529.12. The average 1-year stock price forecast is 15.30% higher than the current stock price, while the lowest is $422 (-8.04%) and the highest is $575 (+25.30%).

Price Target: $529.12 (+15.30%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$422$529.12$536$575
Change-8.04%+15.30%+16.80%+25.30%

Analyst Ratings

The average analyst rating for Trane Technologies stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy101111111314
Buy322223
Hold10101111108
Sell110001
Strong Sell100000
Total252424242526

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Mizuho Securities
Mizuho Securities
Hold
Maintains
$475 → $485
HoldMaintains$475 → $485+5.69%Oct 15, 2026
Bernstein
Bernstein
Buy
Maintains
$575
BuyMaintains$575+25.30%Oct 15, 2026
Goldman Sachs
Goldman Sachs
Buy
Upgrades
$565
BuyUpgrades$565+23.12%Oct 15, 2026
RBC Capital
RBC Capital
Hold
Maintains
$502
HoldMaintains$502+9.39%Oct 13, 2026
J.P. Morgan
J.P. Morgan
Buy
Upgrades
$550
BuyUpgrades$550+19.85%Oct 9, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
23.76B
from 21.32B
Increased by 11.44%
Revenue Next Year
26.10B
from 23.76B
Increased by 9.86%
EPS This Year
15.27
from 13.06
Increased by 16.94%
EPS Next Year
17.65
from 15.27
Increased by 15.59%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
14.14B15.99B17.68B19.84B21.32B23.76B
Revenue Growth
13.50%13.12%10.54%12.22%7.48%11.44%
Gross Profit
4.47B4.96B5.86B7.08B7.71B8.55B
Gross Margin
31.62%31.05%33.13%35.69%36.16%35.99%
Operating Income
2.02B2.37B2.82B3.46B3.87B4.47B
Net Income
1.42B1.76B2.02B2.57B2.92B3.38B
EPS
----13.0615.27
EPS Growth
----16.40%16.94%
Forward PE
29.8521.5224.7829.9227.0730.05
Dividend / Share
2.362.683.003.363.764.09
Dividend Growth
11.32%13.56%11.94%12.00%11.91%8.84%
Free Cash Flow
----2.81B3.38B
No. Analysts
-----23
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High24.0B
Avg23.8B
Low23.4B

Revenue Growth

Revenue Growth202620272028
High
12.5%
Avg
11.4%
Low
9.8%

EPS Forecast

EPS202620272028
High15.40
Avg15.27
Low15.05

EPS Growth

EPS Growth202620272028
High
17.9%
Avg
16.9%
Low
15.2%