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Eaton (ETN) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

ETN Stock Forecast

Eaton stock forecast is as follows: an average price target of $243.05 (represents a -33.17% downside from ETN’s last price of $363.69) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.

ETN Price Target

The average price target for Eaton (ETN) is $243.05 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $385.00 to $145.00. This represents a potential -33.17% downside from ETN's last price of $363.69.

ETN Analyst Ratings

Buy

According to 16 Wall Street analysts, Eaton's rating consensus is 'Buy'. The analyst rating breakdown for ETN stock is 1 'Strong Buy' (6.25%), 11 'Buy' (68.75%), 4 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Eaton Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 05, 2024Chad DillardBernstein$382.00$336.7513.44%5.03%
Sep 16, 2024Andrew KaplowitzCitigroup$348.00$305.8013.80%-4.31%
Sep 09, 2024Tim TheinRaymond James$365.00$284.9728.08%0.36%
Sep 06, 2024Chris SnyderMorgan Stanley$370.00$285.7229.50%1.73%
Jul 11, 2024Stephen VolkmannJefferies$385.00$329.5516.83%5.86%
May 01, 2024Brett LinzeyMizuho Securities$355.00$313.4513.25%-2.39%
Apr 04, 2024Deane DrayRBC Capital$371.00$320.1615.88%2.01%
Apr 02, 2024Julian MitchellBarclays$300.00$312.03-3.86%-17.51%
Mar 14, 2024Deane DrayRBC Capital$286.00$300.29-4.76%-21.36%
Jan 06, 2023-Morgan Stanley$175.00$161.778.18%-51.88%
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The latest Eaton stock forecast, released on Nov 05, 2024 by Chad Dillard from Bernstein, set a price target of $382.00, which represents a 13.44% increase from the stock price at the time of the forecast ($336.75), and a 5.03% increase from ETN last price ($363.69).

Eaton Price Target by Period

1M3M12M
# Anlaysts149
Avg Price Target$382.00$366.25$351.33
Last Closing Price$363.69$363.69$363.69
Upside/Downside5.03%0.70%-3.40%

In the current month, the average price target of Eaton stock is $382.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 5.03% increase as opposed to Eaton's last price of $363.69. This month's average price target is up 4.30% compared to last quarter, and up 8.73% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 05, 2024Bernstein-OutperformInitialise
Nov 04, 2024OppenheimerPerformPerformHold
Oct 02, 2024BarclaysEqual-WeightEqual-WeightHold
Sep 16, 2024Citigroup-BuyInitialise
Sep 09, 2024Raymond JamesOutperformOutperformHold
Sep 06, 2024Wolfe ResearchUnderperformPeer PerformUpgrade
Sep 06, 2024Wolfe ResearchUnderperformNeutralUpgrade
Aug 02, 2024BarclaysEqual-WeightEqual-WeightHold
Jul 11, 2024JefferiesBuyBuyHold
Jul 10, 2024BarclaysEqual-WeightEqual-WeightHold
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Eaton's last stock rating was published by Bernstein on Nov 05, 2024. The company Initialise its ETN rating from "null" to "Outperform".

Eaton Financial Forecast

Eaton Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$5.97B$5.88B$5.87B$5.48B$5.38B$5.31B$5.21B$4.84B$4.80B$4.92B$5.21B$4.69B$4.69B$4.53B$3.86B$4.79B$5.24B$5.31B
Avg Forecast$7.57B$7.46B$7.42B$6.89B$6.91B$6.85B$6.82B$6.38B$6.37B$6.37B$6.35B$5.91B$5.91B$5.89B$5.76B$5.24B$5.34B$5.31B$5.20B$4.78B$4.90B$5.00B$5.02B$4.55B$4.62B$4.22B$3.68B$4.84B$5.34B$5.51B
High Forecast$7.66B$7.54B$7.50B$6.96B$6.98B$6.92B$6.90B$6.41B$6.46B$6.37B$6.35B$5.91B$5.93B$5.94B$5.82B$5.29B$5.40B$5.31B$5.20B$4.78B$4.90B$5.00B$5.02B$4.55B$4.62B$4.22B$3.68B$4.84B$5.34B$5.51B
Low Forecast$7.47B$7.36B$7.32B$6.80B$6.82B$6.76B$6.73B$6.31B$6.31B$6.37B$6.35B$5.91B$5.89B$5.81B$5.68B$5.17B$5.27B$5.31B$5.20B$4.78B$4.90B$5.00B$5.02B$4.55B$4.62B$4.22B$3.68B$4.84B$5.34B$5.51B
# Analysts644643791373471599131313137777999955
Surprise %------------1.01%1.00%1.02%1.05%1.01%1.00%1.00%1.01%0.98%0.98%1.04%1.03%1.02%1.07%1.05%0.99%0.98%0.97%

Eaton's average Quarter revenue forecast for Mar 24 based on 4 analysts is $5.91B, with a low forecast of $5.91B, and a high forecast of $5.91B. ETN's average Quarter revenue forecast represents a -1.02% decrease compared to the company's last Quarter revenue of $5.97B (Dec 23).

Eaton EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts644643791373471599131313137777999955
EBITDA------------$1.09B$1.08B$897.00M$812.00M$895.00M$994.00M$751.00M$627.00M$895.00M$1.40B$886.00M$783.00M$796.00M$771.00M$280.00M$854.00M$800.00M$997.00M
Avg Forecast$1.07B$1.05B$1.05B$971.11M$974.10M$965.43M$961.70M$899.47M$898.25M$898.38M$894.76M$1.07B$833.05M$830.34M$811.43M$971.11M$978.74M$751.60M$736.36M$882.83M$693.60M$707.40M$710.75M$649.32M$653.44M$596.57M$520.86M$838.04M$756.01M$779.15M
High Forecast$1.08B$1.06B$1.06B$981.66M$984.68M$975.92M$972.15M$903.71M$910.92M$898.72M$894.76M$1.28B$835.88M$838.03M$820.24M$1.17B$1.17B$751.60M$736.36M$1.06B$693.60M$707.40M$710.75M$779.18M$653.44M$596.57M$520.86M$1.01B$756.01M$779.15M
Low Forecast$1.05B$1.04B$1.03B$958.12M$961.08M$952.53M$948.84M$889.59M$889.80M$898.04M$894.76M$854.57M$830.22M$819.57M$800.58M$776.89M$782.99M$751.60M$736.36M$706.26M$693.60M$707.40M$710.75M$519.45M$653.44M$596.57M$520.86M$670.43M$756.01M$779.15M
Surprise %------------1.30%1.30%1.11%0.84%0.91%1.32%1.02%0.71%1.29%1.97%1.25%1.21%1.22%1.29%0.54%1.02%1.06%1.28%

4 analysts predict ETN's average Quarter EBITDA for Mar 24 to be $1.07B, with a high of $1.28B and a low of $854.57M. This is -1.73% lower than Eaton's previous annual EBITDA (Dec 23) of $1.09B.

Eaton Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts644643791373471599131313137777999955
Net Income------------$946.00M$891.00M$744.00M$638.00M$721.00M$607.00M$601.00M$532.00M$551.00M$629.00M$506.00M$458.00M$475.00M$446.00M$51.00M$438.00M$452.00M$601.00M
Avg Forecast$1.40B$1.39B$1.35B$1.20B$1.26B$1.25B$1.22B$1.09B$1.13B$1.12B$1.04B$635.67M$985.45M$932.30M$842.29M$577.88M$602.56M$804.29M$729.23M$525.35M$686.75M$692.64M$629.23M$379.80M$483.16M$419.79M$212.87M$429.81M$563.36M$605.76M
High Forecast$1.42B$1.41B$1.36B$1.21B$1.28B$1.27B$1.23B$1.11B$1.14B$1.12B$1.04B$762.81M$993.42M$944.25M$854.19M$693.46M$723.07M$804.29M$729.23M$630.42M$722.63M$692.64M$629.23M$455.77M$483.16M$419.79M$212.87M$515.78M$563.36M$605.76M
Low Forecast$1.37B$1.37B$1.32B$1.17B$1.24B$1.23B$1.19B$1.07B$1.11B$1.11B$1.04B$508.54M$973.48M$920.35M$827.65M$462.31M$482.04M$804.29M$729.23M$420.28M$650.88M$692.64M$629.23M$303.84M$483.16M$419.79M$212.87M$343.85M$563.36M$605.76M
Surprise %------------0.96%0.96%0.88%1.10%1.20%0.75%0.82%1.01%0.80%0.91%0.80%1.21%0.98%1.06%0.24%1.02%0.80%0.99%

Eaton's average Quarter net income forecast for Mar 24 is $635.67M, with a range of $508.54M to $762.81M. ETN's average Quarter net income forecast represents a -32.80% decrease compared to the company's last Quarter net income of $946.00M (Dec 23).

Eaton SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts644643791373471599131313137777999955
SG&A------------$956.00M$949.00M$986.00M$904.00M$796.00M$813.00M$828.00M$790.00M$751.00M$834.00M$876.00M$795.00M$765.00M$754.00M$691.00M$865.00M$874.00M$885.00M
Avg Forecast$1.24B$1.22B$1.22B$1.13B$1.13B$1.12B$1.12B$1.05B$1.04B$1.04B$1.04B$943.95M$968.99M$965.84M$943.84M$858.14M$821.27M$870.95M$853.29M$780.13M$803.73M$819.73M$823.61M$659.27M$757.20M$691.30M$603.56M$848.83M$876.06M$902.87M
High Forecast$1.26B$1.24B$1.23B$1.14B$1.15B$1.14B$1.13B$1.05B$1.06B$1.05B$1.04B$1.13B$972.28M$974.78M$954.09M$1.03B$985.52M$870.95M$853.29M$936.15M$803.73M$819.73M$823.61M$791.12M$757.20M$691.30M$603.56M$1.02B$876.06M$902.87M
Low Forecast$1.23B$1.21B$1.20B$1.11B$1.12B$1.11B$1.10B$1.03B$1.04B$1.04B$1.04B$755.16M$965.70M$953.30M$931.22M$686.51M$657.02M$870.95M$853.29M$624.10M$803.73M$819.73M$823.61M$527.41M$757.20M$691.30M$603.56M$679.07M$876.06M$902.87M
Surprise %------------0.99%0.98%1.04%1.05%0.97%0.93%0.97%1.01%0.93%1.02%1.06%1.21%1.01%1.09%1.14%1.02%1.00%0.98%

Eaton's average Quarter SG&A projection for Mar 24 is $943.95M, based on 4 Wall Street analysts, with a range of $755.16M to $1.13B. The forecast indicates a -1.26% fall compared to ETN last annual SG&A of $956.00M (Dec 23).

Eaton EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts644643791373471599131313137777999955
EPS------------$2.35$2.23$1.87$1.60$1.81$1.52$1.51$1.33$1.38$1.58$1.27$1.15$1.19$1.11$0.13$1.07$1.09$1.44
Avg Forecast$3.50$3.49$3.37$3.00$3.16$3.14$3.05$2.73$2.82$2.80$2.61$2.29$2.47$2.34$2.11$1.79$2.05$2.01$1.82$1.60$1.71$1.73$1.57$1.24$1.20$1.05$0.53$1.07$1.40$1.51
High Forecast$3.55$3.54$3.42$3.04$3.20$3.19$3.09$2.79$2.85$2.81$2.61$2.29$2.49$2.37$2.14$1.81$2.09$2.01$1.82$1.60$1.80$1.73$1.57$1.24$1.20$1.05$0.53$1.07$1.40$1.51
Low Forecast$3.44$3.43$3.31$2.94$3.10$3.09$2.99$2.69$2.79$2.79$2.61$2.29$2.44$2.31$2.07$1.75$2.00$2.01$1.82$1.60$1.62$1.73$1.57$1.24$1.20$1.05$0.53$1.07$1.40$1.51
Surprise %------------0.95%0.95%0.89%0.90%0.88%0.76%0.83%0.83%0.81%0.91%0.81%0.93%0.99%1.06%0.24%1.00%0.78%0.95%

According to 4 Wall Street analysts, Eaton's projected average Quarter EPS for Mar 24 is $2.29, with a low estimate of $2.29 and a high estimate of $2.29. This represents a -2.63% decrease compared to ETN previous annual EPS of $2.35 (Dec 23).

Eaton Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
DOVDover$198.73$190.07-4.36%Buy
EMREmerson Electric$129.56$120.33-7.12%Buy
PNRPentair$104.75$95.88-8.47%Buy
ITWIllinois Tool Works$266.46$230.92-13.34%Hold
CMICummins$361.86$292.73-19.10%Buy
PHParker-Hannifin$689.76$546.07-20.83%Buy
IRIngersoll Rand$102.38$70.67-30.97%Buy
ETNEaton$363.69$243.05-33.17%Buy

ETN Forecast FAQ

Is Eaton a good buy?

Yes, according to 16 Wall Street analysts, Eaton (ETN) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 11 'Buy' recommendations, accounting for 75.00% of ETN's total ratings.

What is ETN's price target?

Eaton (ETN) average price target is $243.05 with a range of $145 to $385, implying a -33.17% from its last price of $363.69. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Eaton stock go up soon?

According to Wall Street analysts' prediction for ETN stock, the company can go down by -33.17% (from the last price of $363.69 to the average price target of $243.05), up by 5.86% based on the highest stock price target, and down by -60.13% based on the lowest stock price target.

Can Eaton stock reach $500?

ETN's average twelve months analyst stock price target of $243.05 does not support the claim that Eaton can reach $500 in the near future.

What is Eaton's current price target trend?

1 Wall Street analyst forecast a $382 price target for Eaton (ETN) this month, up 5.03% from its last price of $363.69. Compared to the last 3 and 12 months, the average price target increased by 0.70% and decreased by -3.40%, respectively.

What are Eaton's analysts' financial forecasts?

Eaton's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $26.96B (high $27.21B, low $26.61B), average EBITDA is $3.8B (high $3.84B, low $3.75B), average net income is $4.82B (high $4.89B, low $4.74B), average SG&A $4.42B (high $4.46B, low $4.36B), and average EPS is $12.08 (high $12.27, low $11.88). ETN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $29.35B (high $29.67B, low $28.95B), average EBITDA is $4.14B (high $4.18B, low $4.08B), average net income is $5.33B (high $5.4B, low $5.24B), average SG&A $4.81B (high $4.86B, low $4.75B), and average EPS is $13.36 (high $13.55, low $13.13).

Did the ETN's actual financial results beat the analysts' financial forecasts?

Based on Eaton's last annual report (Dec 2023), the company's revenue was $23.2B, beating the average analysts forecast of $22.79B by 1.78%. Apple's EBITDA was $3.82B, beating the average prediction of $3.45B by 10.91%. The company's net income was $3.22B, missing the average estimation of $3.34B by -3.59%. Apple's SG&A was $3.8B, beating the average forecast of $3.74B by 1.56%. Lastly, the company's EPS was $8.02, missing the average prediction of $8.7 by -7.86%. In terms of the last quarterly report (Dec 2023), Eaton's revenue was $5.97B, beating the average analysts' forecast of $5.91B by 0.98%. The company's EBITDA was $1.09B, beating the average prediction of $833.05M by 30.48%. Eaton's net income was $946M, missing the average estimation of $985.45M by -4.00%. The company's SG&A was $956M, missing the average forecast of $968.99M by -1.34%. Lastly, the company's EPS was $2.35, missing the average prediction of $2.47 by -4.87%