Gates Industrial (GTES) Stock Forecast, Price Target & Predictions
GTES Stock Forecast
Gates Industrial (GTES) stock forecast, based on 11 Wall Street analysts, predicts a 12-month average price target of $22.67, with a high of $25.00 and a low of $21.00. This represents a 34.62% increase from the last price of $16.84.
GTES Stock Rating
Gates Industrial stock's rating consensus is Buy, based on 11 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 9 Buy (81.82%), 2 Hold (18.18%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
GTES Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Gates Industrial | 34.62% |
Sector | Industrials Stocks | 29.76% |
Industry | Industrial Machinery Stocks | 27.05% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 1 | 2 | 8 |
Avg Price Target | $25.00 | $25.50 | $22.13 |
Last Closing Price | $16.84 | $16.84 | $16.84 |
Upside/Downside | 48.46% | 51.43% | 31.41% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Apr, 25 | 2 | 6 | 3 | - | - | 11 |
Mar, 25 | 2 | 6 | 3 | - | - | 11 |
Feb, 25 | 2 | 6 | 3 | - | - | 11 |
Jan, 25 | 2 | 6 | 3 | - | - | 11 |
Dec, 24 | 2 | 6 | 4 | - | - | 12 |
Analyst Price Target Forecasts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Mar 26, 2025 | Barclays | $25.00 | $20.16 | 24.01% | 48.46% | |
Mar 10, 2025 | Barclays | $26.00 | $19.84 | 31.05% | 54.39% | |
Oct 31, 2024 | Jerry Revich | Goldman Sachs | $21.00 | $19.30 | 8.81% | 24.70% |
Oct 31, 2024 | Jeffrey Hammond | KeyBanc | $22.00 | $19.30 | 13.99% | 30.64% |
Sep 06, 2024 | Chris Snyder | Morgan Stanley | $19.00 | $16.67 | 13.98% | 12.83% |
Aug 19, 2024 | Deane Dray | RBC Capital | $22.00 | $17.81 | 23.53% | 30.64% |
Aug 01, 2024 | Michael Halloran | Robert W. Baird | $22.00 | $18.59 | 18.34% | 30.64% |
Jul 31, 2024 | Jerry Revich | Goldman Sachs | $20.00 | $18.59 | 7.58% | 18.76% |
Mar 13, 2024 | Nigel Coe | Wolfe Research | $21.00 | $17.35 | 21.04% | 24.70% |
Mar 12, 2024 | Jeffrey Hammond | KeyBanc | $21.00 | $17.09 | 22.88% | 24.70% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Dec 05, 2024 | Barclays | Equal-Weight | Overweight | upgrade |
Oct 31, 2024 | Goldman Sachs | Neutral | Neutral | hold |
Oct 31, 2024 | KeyBanc | Overweight | Overweight | hold |
Sep 06, 2024 | Morgan Stanley | Equal-Weight | Positive | initialise |
Aug 19, 2024 | RBC Capital | Sector Perform | Outperform | upgrade |
Jul 31, 2024 | Goldman Sachs | Neutral | Neutral | hold |
Apr 08, 2024 | Citigroup | Buy | Buy | hold |
Apr 04, 2024 | RBC Capital | Sector Perform | Sector Perform | hold |
Mar 12, 2024 | Goldman Sachs | Neutral | Neutral | hold |
Mar 08, 2024 | Wolfe Research | Outperform | upgrade |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $0.27 | $1.02 | $0.78 | $0.86 | $0.75 | - | - | - |
Avg Forecast | $0.69 | $1.26 | $1.12 | $1.25 | $1.35 | $1.51 | $1.75 | $1.91 |
High Forecast | $0.70 | $1.28 | $1.14 | $1.29 | $1.36 | $1.55 | $2.06 | $1.96 |
Low Forecast | $0.68 | $1.24 | $1.10 | $1.22 | $1.34 | $1.46 | $1.50 | $1.86 |
Surprise % | -60.87% | -19.05% | -30.36% | -31.20% | -44.44% | - | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $2.79B | $3.47B | $3.55B | $3.57B | $3.41B | - | - | - |
Avg Forecast | $2.73B | $3.47B | $3.51B | $3.57B | $3.40B | $3.46B | $3.63B | $3.71B |
High Forecast | $2.77B | $3.52B | $3.56B | $3.64B | $3.41B | $3.52B | $3.63B | $3.71B |
Low Forecast | $2.69B | $3.42B | $3.47B | $3.50B | $3.34B | $3.40B | $3.62B | $3.71B |
Surprise % | 2.40% | 0.06% | 1.18% | 0.05% | 0.12% | - | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $79.40M | $297.10M | $220.80M | $232.90M | $194.90M | - | - | - |
Avg Forecast | $12.36M | $249.05M | $184.43M | $233.50M | $370.92M | $415.05M | $420.00M | $526.63M |
High Forecast | $35.80M | $298.86M | $221.31M | $280.20M | $373.69M | $427.71M | $566.85M | $540.31M |
Low Forecast | $-11.08M | $199.24M | $147.54M | $186.80M | $368.16M | $402.39M | $412.25M | $512.96M |
Surprise % | 542.20% | 19.29% | 19.72% | -0.26% | -47.46% | - | - | - |