Eaton (ETN) Stock Forecast, Price Target & Predictions
ETN Stock Forecast
Eaton stock forecast is as follows: an average price target of $220.47 (represents a -22.63% downside from ETN’s last price of $284.97) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.
ETN Price Target
The average price target for Eaton (ETN) is $220.47 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $385.00 to $145.00. This represents a potential -22.63% downside from ETN's last price of $284.97.
ETN Analyst Ratings
According to 14 Wall Street analysts, Eaton's rating consensus is 'Buy'. The analyst rating breakdown for ETN stock is 1 'Strong Buy' (7.14%), 9 'Buy' (64.29%), 4 'Hold' (28.57%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Eaton Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 06, 2024 | Chris Snyder | Morgan Stanley | $370.00 | $285.72 | 29.50% | 29.84% |
| Jul 11, 2024 | Stephen Volkmann | Jefferies | $385.00 | $329.55 | 16.83% | 35.10% |
| May 01, 2024 | Brett Linzey | Mizuho Securities | $355.00 | $313.45 | 13.25% | 24.57% |
| Apr 04, 2024 | Deane Dray | RBC Capital | $371.00 | $320.16 | 15.88% | 30.19% |
| Apr 02, 2024 | Julian Mitchell | Barclays | $300.00 | $312.03 | -3.86% | 5.27% |
| Mar 14, 2024 | Deane Dray | RBC Capital | $286.00 | $300.29 | -4.76% | 0.36% |
| Jan 06, 2023 | - | Morgan Stanley | $175.00 | $161.77 | 8.18% | -38.59% |
| Jan 05, 2023 | - | Wells Fargo | $163.00 | $156.61 | 4.08% | -42.80% |
| Jan 05, 2023 | - | Barclays | $130.00 | $158.82 | -18.15% | -54.38% |
| Aug 15, 2022 | John Walsh | Credit Suisse | $167.00 | $152.33 | 9.63% | -41.40% |
The latest Eaton stock forecast, released on Sep 06, 2024 by Chris Snyder from Morgan Stanley, set a price target of $370.00, which represents a 29.50% increase from the stock price at the time of the forecast ($285.72), and a 29.84% increase from ETN last price ($284.97).
Eaton Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 6 |
| Avg Price Target | $370.00 | $377.50 | $344.50 |
| Last Closing Price | $284.97 | $284.97 | $284.97 |
| Upside/Downside | 29.84% | 32.47% | 20.89% |
In the current month, the average price target of Eaton stock is $370.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 29.84% increase as opposed to Eaton's last price of $284.97. This month's average price target is down -1.99% compared to last quarter, and up 7.40% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 06, 2024 | Wolfe Research | Underperform | Peer Perform | Upgrade |
| Sep 06, 2024 | Wolfe Research | Underperform | Neutral | Upgrade |
| Aug 02, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jul 11, 2024 | Jefferies | Buy | Buy | Hold |
| Jul 10, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jun 27, 2024 | Raymond James | - | Outperform | Initialise |
| May 03, 2024 | HSBC | Hold | Hold | Hold |
| May 01, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Apr 08, 2024 | Wolfe Research | - | Underperform | Downgrade |
| Apr 04, 2024 | RBC Capital | Sector Perform | Outperform | Upgrade |
Eaton's last stock rating was published by Wolfe Research on Sep 06, 2024. The company Upgrade its ETN rating from "Underperform" to "Peer Perform".
Eaton Financial Forecast
Eaton Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $5.97B | $5.88B | $5.87B | $5.48B | $5.38B | $5.31B | - | $4.84B | $4.80B | $4.92B | $5.21B | $4.69B | $4.69B | $4.53B | $3.86B | $4.79B | $5.24B | $5.31B |
| Avg Forecast | $7.80B | $7.66B | $7.57B | $7.05B | $7.09B | $7.00B | $6.87B | $6.43B | $6.46B | $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 | $7.87B | $7.72B | $7.63B | $7.11B | $7.15B | $7.05B | $6.93B | $6.48B | $6.52B | $6.41B | $6.40B | $5.95B | $5.93B | $5.94B | $5.80B | $5.28B | $5.39B | $5.35B | $5.20B | $4.84B | $4.96B | $5.06B | $5.09B | $4.60B | $4.68B | $4.27B | $3.73B | $4.90B | $5.41B | $5.58B |
| Low Forecast | $7.71B | $7.57B | $7.47B | $6.96B | $7.00B | $6.91B | $6.79B | $6.35B | $6.39B | $6.35B | $6.27B | $5.83B | $5.89B | $5.81B | $5.69B | $5.17B | $5.28B | $5.25B | $5.20B | $4.72B | $4.84B | $4.93B | $4.95B | $4.48B | $4.56B | $4.16B | $3.63B | $4.77B | $5.27B | $5.43B |
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 15 | 9 | 9 | 13 | 13 | 6 | 6 | 7 | 7 | 7 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.00% | 1.02% | 1.05% | 1.01% | 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 $5.83B, and a high forecast of $5.95B. 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 15 | 9 | 9 | 13 | 13 | 6 | 6 | 7 | 7 | 7 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $1.09B | $1.08B | $897.00M | $812.00M | $895.00M | $994.00M | - | $627.00M | $895.00M | $1.40B | $886.00M | $783.00M | $796.00M | $771.00M | $280.00M | $854.00M | $800.00M | $997.00M |
| Avg Forecast | $1.10B | $1.08B | $1.07B | $997.54M | $1.00B | $989.93M | $972.75M | $909.36M | $914.78M | $901.86M | $898.15M | $1.07B | $836.21M | $833.49M | $814.51M | $971.11M | $756.37M | $1.52B | $736.36M | $882.83M | $889.77M | $1.38B | $795.13M | $649.32M | $749.95M | $675.54M | $190.19M | $838.04M | $822.70M | $990.40M |
| High Forecast | $1.11B | $1.09B | $1.08B | $1.01B | $1.01B | $997.96M | $980.64M | $916.73M | $922.19M | $907.52M | $905.43M | $1.28B | $839.05M | $841.21M | $821.11M | $1.17B | $762.50M | $1.82B | $736.36M | $1.06B | $1.07B | $1.66B | $954.15M | $779.18M | $899.94M | $810.65M | $228.23M | $1.01B | $987.23M | $1.19B |
| Low Forecast | $1.09B | $1.07B | $1.06B | $985.42M | $991.01M | $977.91M | $960.94M | $898.32M | $903.67M | $899.03M | $887.24M | $854.57M | $833.37M | $822.67M | $804.62M | $776.89M | $747.19M | $1.21B | $736.36M | $706.26M | $711.81M | $1.10B | $636.10M | $519.45M | $599.96M | $540.43M | $152.15M | $670.43M | $658.16M | $792.32M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.30% | 1.29% | 1.10% | 0.84% | 1.18% | 0.65% | - | 0.71% | 1.01% | 1.01% | 1.11% | 1.21% | 1.06% | 1.14% | 1.47% | 1.02% | 0.97% | 1.01% |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 15 | 9 | 9 | 13 | 13 | 6 | 6 | 7 | 7 | 7 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $946.00M | $891.00M | $744.00M | $638.00M | $721.00M | $607.00M | - | $532.00M | $551.00M | $629.00M | $506.00M | $458.00M | $475.00M | $446.00M | $51.00M | $438.00M | $452.00M | $601.00M |
| Avg Forecast | $1.53B | $1.52B | $1.45B | $1.25B | $1.30B | $1.29B | $1.23B | $1.09B | $1.13B | $1.12B | $1.05B | $635.67M | $990.63M | $937.21M | $846.73M | $577.88M | $821.22M | $683.90M | $730.86M | $525.35M | $547.78M | $621.73M | $454.10M | $379.80M | $447.52M | $390.78M | $34.64M | $429.81M | $464.82M | $597.02M |
| High Forecast | $1.54B | $1.54B | $1.46B | $1.27B | $1.31B | $1.31B | $1.24B | $1.10B | $1.14B | $1.14B | $1.06B | $762.81M | $998.65M | $949.22M | $855.65M | $693.46M | $829.88M | $820.68M | $730.86M | $630.42M | $657.33M | $746.07M | $544.92M | $455.77M | $537.02M | $468.94M | $41.57M | $515.78M | $557.79M | $716.42M |
| Low Forecast | $1.50B | $1.50B | $1.42B | $1.23B | $1.28B | $1.27B | $1.21B | $1.07B | $1.11B | $1.10B | $1.03B | $508.54M | $978.60M | $925.20M | $833.36M | $462.31M | $808.26M | $547.12M | $730.86M | $420.28M | $438.22M | $497.38M | $363.28M | $303.84M | $358.02M | $312.62M | $27.71M | $343.85M | $371.86M | $477.62M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.95% | 0.88% | 1.10% | 0.88% | 0.89% | - | 1.01% | 1.01% | 1.01% | 1.11% | 1.21% | 1.06% | 1.14% | 1.47% | 1.02% | 0.97% | 1.01% |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 15 | 9 | 9 | 13 | 13 | 6 | 6 | 7 | 7 | 7 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $956.00M | $949.00M | $986.00M | $904.00M | $796.00M | $813.00M | - | $790.00M | $751.00M | $834.00M | $876.00M | $795.00M | $765.00M | $754.00M | $691.00M | $865.00M | $874.00M | $885.00M |
| Avg Forecast | $1.28B | $1.26B | $1.24B | $1.16B | $1.16B | $1.15B | $1.13B | $1.05B | $1.06B | $1.05B | $1.04B | $943.95M | $968.99M | $965.84M | $943.84M | $858.14M | $876.48M | $906.79M | $853.29M | $780.13M | $746.61M | $824.36M | $786.15M | $659.27M | $720.74M | $660.65M | $469.36M | $848.83M | $898.79M | $879.14M |
| High Forecast | $1.29B | $1.27B | $1.25B | $1.17B | $1.17B | $1.16B | $1.14B | $1.06B | $1.07B | $1.05B | $1.05B | $1.13B | $972.28M | $974.78M | $951.49M | $1.03B | $883.58M | $1.09B | $853.29M | $936.15M | $895.93M | $989.23M | $943.38M | $791.12M | $864.89M | $792.78M | $563.23M | $1.02B | $1.08B | $1.05B |
| Low Forecast | $1.26B | $1.24B | $1.23B | $1.14B | $1.15B | $1.13B | $1.11B | $1.04B | $1.05B | $1.04B | $1.03B | $755.16M | $965.70M | $953.30M | $932.38M | $686.51M | $865.83M | $725.44M | $853.29M | $624.10M | $597.29M | $659.49M | $628.92M | $527.41M | $576.60M | $528.52M | $375.49M | $679.07M | $719.04M | $703.31M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 0.98% | 1.04% | 1.05% | 0.91% | 0.90% | - | 1.01% | 1.01% | 1.01% | 1.11% | 1.21% | 1.06% | 1.14% | 1.47% | 1.02% | 0.97% | 1.01% |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 7 | 15 | 9 | 9 | 13 | 13 | 6 | 6 | 7 | 7 | 7 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $2.35 | $2.23 | $1.87 | $1.60 | $1.81 | $1.52 | - | $1.33 | $1.38 | $1.58 | $1.27 | $1.15 | $1.19 | $1.11 | $0.13 | $1.07 | $1.09 | $1.44 |
| Avg Forecast | $3.81 | $3.79 | $3.60 | $3.12 | $3.24 | $3.22 | $3.07 | $2.71 | $2.81 | $2.79 | $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 | $3.85 | $3.83 | $3.64 | $3.16 | $3.27 | $3.26 | $3.10 | $2.74 | $2.84 | $2.85 | $2.64 | $2.31 | $2.49 | $2.37 | $2.13 | $1.80 | $2.07 | $2.03 | $1.82 | $1.62 | $1.74 | $1.76 | $1.59 | $1.26 | $1.22 | $1.06 | $0.54 | $1.09 | $1.43 | $1.54 |
| Low Forecast | $3.75 | $3.73 | $3.55 | $3.08 | $3.19 | $3.17 | $3.02 | $2.67 | $2.76 | $2.73 | $2.57 | $2.25 | $2.44 | $2.31 | $2.08 | $1.76 | $2.02 | $1.97 | $1.82 | $1.57 | $1.68 | $1.70 | $1.54 | $1.22 | $1.18 | $1.03 | $0.52 | $1.05 | $1.38 | $1.48 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.95% | 0.89% | 0.90% | 0.88% | 0.76% | - | 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 $2.25 and a high estimate of $2.31. This represents a -2.63% decrease compared to ETN previous annual EPS of $2.35 (Dec 23).
Eaton Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EMR | Emerson Electric | $98.19 | $116.55 | 18.70% | Buy |
| PNR | Pentair | $85.12 | $86.54 | 1.67% | Buy |
| DOV | Dover | $175.38 | $175.22 | -0.09% | Hold |
| ITW | Illinois Tool Works | $243.60 | $229.33 | -5.86% | Sell |
| CMI | Cummins | $293.21 | $271.11 | -7.54% | Buy |
| PH | Parker-Hannifin | $571.31 | $517.79 | -9.37% | Buy |
| IR | Ingersoll Rand | $86.84 | $70.33 | -19.01% | Buy |
| ETN | Eaton | $284.97 | $220.47 | -22.63% | Buy |
ETN Forecast FAQ
Is Eaton a good buy?
Yes, according to 14 Wall Street analysts, Eaton (ETN) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 9 'Buy' recommendations, accounting for 71.43% of ETN's total ratings.
What is ETN's price target?
Eaton (ETN) average price target is $220.47 with a range of $145 to $385, implying a -22.63% from its last price of $284.97. The data is based on 14 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 -22.63% (from the last price of $284.97 to the average price target of $220.47), up by 35.10% based on the highest stock price target, and down by -49.12% based on the lowest stock price target.
Can Eaton stock reach $400?
ETN's average twelve months analyst stock price target of $220.47 does not support the claim that Eaton can reach $400 in the near future.
What is Eaton's current price target trend?
1 Wall Street analyst forecast a $370 price target for Eaton (ETN) this month, up 29.84% from its last price of $284.97. Compared to the last 3 and 12 months, the average price target increased by 32.47% and increased by 20.89%, 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 $27.38B (high $27.61B, low $27.05B), average EBITDA is $3.88B (high $3.91B, low $3.83B), average net income is $4.91B (high $4.96B, low $4.83B), average SG&A $4.49B (high $4.53B, low $4.44B), and average EPS is $12.24 (high $12.37, low $12.04). ETN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $30.08B (high $30.33B, low $29.72B), average EBITDA is $4.26B (high $4.29B, low $4.21B), average net income is $5.75B (high $5.81B, low $5.65B), average SG&A $4.93B (high $4.97B, low $4.87B), and average EPS is $14.33 (high $14.48, low $14.1).
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 $3.46B by 10.61%. The company's net income was $3.22B, missing the average estimation of $3.35B by -4.01%. 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 $836.21M by 29.99%. Eaton's net income was $946M, missing the average estimation of $990.63M by -4.51%. 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%