Trane Technologies plc (TT)
NYSE: TT · Real-Time Price · USD
480.99
+1.28 (0.27%)
At close: Jul 24, 2026, 4:00 PM EDT
481.75
+0.76 (0.16%)
After-hours: Jul 24, 2026, 7:41 PM EDT

Trane Technologies Stock Forecast

Stock Price Forecast

According to 24 analysts polled by S&P Global, Trane Technologies stock has a consensus rating of "Buy" and an average price target of $522.94. The average 1-year stock price forecast is 8.72% higher than the current stock price, while the lowest is $402 (-16.42%) and the highest is $570 (+18.51%).

Price Target: $522.94 (+8.72%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$402$522.94$530$570
Change-16.42%+8.72%+10.19%+18.51%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy9910101111
Buy223322
Hold121311101010
Sell101111
Strong Sell111100
Total252526252424

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bernstein
Bernstein
Buy
Maintains
$555
BuyMaintains$555+15.39%Jul 17, 2026
Christopher Snyder
Morgan Stanley
Morgan Stanley
Buy
Maintains
$565
BuyMaintains$565+17.47%Jul 10, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
n/a
BuyMaintainsn/an/aJul 2, 2026
KeyBanc
KeyBanc
Buy
Reiterates
$555
BuyReiterates$555+15.39%Jun 26, 2026
Evercore ISI
Evercore ISI
Buy
Maintains
$560
BuyMaintains$560+16.43%Jun 12, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
23.39B
from 21.32B
Increased by 9.70%
Revenue Next Year
25.43B
from 23.39B
Increased by 8.74%
EPS This Year
14.91
from 13.06
Increased by 14.15%
EPS Next Year
17.09
from 14.91
Increased by 14.63%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
14.14B15.99B17.68B19.84B21.32B23.39B
Revenue Growth
13.50%13.12%10.54%12.22%7.48%9.70%
Gross Profit
4.47B4.96B5.86B7.08B7.71B8.53B
Gross Margin
31.62%31.05%33.13%35.69%36.16%36.48%
Operating Income
2.02B2.37B2.82B3.46B3.87B4.41B
Net Income
1.42B1.76B2.02B2.57B2.92B3.31B
EPS
----13.0614.91
EPS Growth
----16.40%14.15%
Forward PE
29.8521.5224.7829.9227.0732.26
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
-----23
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High23.6B
Avg23.4B
Low23.2B

Revenue Growth

Revenue Growth202620272028
High
10.7%
Avg
9.7%
Low
9.0%

EPS Forecast

EPS202620272028
High15.05
Avg14.91
Low14.75

EPS Growth

EPS Growth202620272028
High
15.2%
Avg
14.1%
Low
12.9%