Trane Technologies plc (TT)
NYSE: TT · Real-Time Price · USD
458.25
-1.89 (-0.41%)
Jun 12, 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 $521.51. The average 1-year stock price forecast is 13.80% higher than the current stock price, while the lowest is $402 (-12.27%) and the highest is $585 (+27.66%).

Price Target: $521.51 (+13.80%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$402$521.51$530$585
Change-12.27%+13.80%+15.66%+27.66%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy999101011
Buy222333
Hold121213111010
Sell010111
Strong Sell111111
Total242525262526

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
Bernstein
No rating
Bernstein
Buy
Initiates
$550
BuyInitiates$550+20.02%Jun 9, 2026
RBC Capital
RBC Capital
Hold
Maintains
$501
HoldMaintains$501+9.33%Jun 2, 2026
J.P. Morgan
J.P. Morgan
Hold
Maintains
$476
HoldMaintains$476+3.87%May 19, 2026
Christopher Snyder
Morgan Stanley
Morgan Stanley
Buy
Maintains
$535$565
BuyMaintains$535$565+23.30%May 4, 2026
Wells Fargo
Wells Fargo
Sell
Maintains
$400$465
SellMaintains$400$465+1.47%May 4, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
23.37B
from 21.32B
Increased by 9.60%
Revenue Next Year
25.35B
from 23.37B
Increased by 8.48%
EPS This Year
14.90
from 13.06
Increased by 14.11%
EPS Next Year
17.05
from 14.90
Increased by 14.39%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
14.14B15.99B17.68B19.84B21.32B23.37B
Revenue Growth
13.50%13.12%10.54%12.22%7.48%9.60%
Gross Profit
4.47B4.96B5.86B7.08B7.71B8.52B
Gross Margin
31.62%31.05%33.13%35.69%36.16%36.45%
Operating Income
2.02B2.37B2.82B3.46B3.87B4.41B
Net Income
1.42B1.76B2.02B2.57B2.92B3.31B
EPS
----13.0614.90
EPS Growth
----16.40%14.11%
Forward PE
29.8521.5224.7829.9227.0730.75
Dividend / Share
2.362.683.003.363.764.08
Dividend Growth
-13.56%11.94%12.00%11.90%8.40%
Free Cash Flow
1.40B795.76M1.73B2.48B1.94B3.33B
No. Analysts
-----24
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High23.5B
Avg23.4B
Low23.2B

Revenue Growth

Revenue Growth202620272028
High
10.4%
Avg
9.6%
Low
9.0%

EPS Forecast

EPS202620272028
High15.05
Avg14.90
Low14.75

EPS Growth

EPS Growth202620272028
High
15.2%
Avg
14.1%
Low
12.9%