Chart Industries (GTLS) Stock Forecast, Price Target & Predictions
GTLS Stock Forecast
Chart Industries stock forecast is as follows: an average price target of $198.36 (represents a 63.13% upside from GTLS’s last price of $121.60) and a rating consensus of 'Buy', based on 15 wall street analysts offering a 1-year stock forecast.
GTLS Price Target
The average price target for Chart Industries (GTLS) is $198.36 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $259.00 to $160.00. This represents a potential 63.13% upside from GTLS's last price of $121.60.
GTLS Analyst Ratings
According to 15 Wall Street analysts, Chart Industries's rating consensus is 'Buy'. The analyst rating breakdown for GTLS stock is 1 'Strong Buy' (6.67%), 12 'Buy' (80.00%), 2 'Hold' (13.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Chart Industries Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 16, 2024 | Daniel Kutz | Morgan Stanley | $175.00 | $114.98 | 52.20% | 43.91% |
| Aug 05, 2024 | Eric Stine | Craig-Hallum | $199.00 | $126.01 | 57.92% | 63.65% |
| Aug 05, 2024 | Benjamin Nolan | Stifel Nicolaus | $199.00 | $126.01 | 57.92% | 63.65% |
| May 06, 2024 | Luke Lemoine | Piper Sandler | $160.00 | $155.00 | 3.23% | 31.58% |
| Apr 18, 2024 | Daniel Kutz | Morgan Stanley | $200.00 | $147.59 | 35.51% | 64.47% |
| Mar 19, 2024 | Manav Gupta | UBS | $170.00 | $148.87 | 14.19% | 39.80% |
| Nov 29, 2022 | - | Citigroup | $170.00 | $133.33 | 27.50% | 39.80% |
| Nov 16, 2022 | - | Jefferies | $205.00 | $124.30 | 64.93% | 68.59% |
| Sep 15, 2022 | Ati Modak | Goldman Sachs | $259.00 | $206.36 | 25.51% | 112.99% |
| Jun 08, 2022 | David Anderson | Barclays | $189.00 | $186.90 | 1.12% | 55.43% |
The latest Chart Industries stock forecast, released on Sep 16, 2024 by Daniel Kutz from Morgan Stanley, set a price target of $175.00, which represents a 52.20% increase from the stock price at the time of the forecast ($114.98), and a 43.91% increase from GTLS last price ($121.60).
Chart Industries Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 6 |
| Avg Price Target | $175.00 | $191.00 | $183.83 |
| Last Closing Price | $121.60 | $121.60 | $121.60 |
| Upside/Downside | 43.91% | 57.07% | 51.18% |
In the current month, the average price target of Chart Industries stock is $175.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 43.91% increase as opposed to Chart Industries's last price of $121.60. This month's average price target is down -8.38% compared to last quarter, and down -4.80% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 16, 2024 | Wells Fargo | Buy | Buy | Hold |
| Aug 26, 2024 | Stifel Nicolaus | Underperform | Underperform | Hold |
| Aug 26, 2024 | Wells Fargo | Buy | Buy | Hold |
| Aug 05, 2024 | Craig-Hallum | Buy | Buy | Hold |
| Jun 14, 2024 | Cowen & Co. | Buy | Buy | Hold |
| May 06, 2024 | Craig-Hallum | Buy | Buy | Hold |
| May 06, 2024 | Cowen & Co. | Buy | Buy | Hold |
| May 06, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Mar 19, 2024 | UBS | Strong Buy | Buy | Upgrade |
| Feb 12, 2024 | CFRA | - | Strong Buy | Upgrade |
Chart Industries's last stock rating was published by Wells Fargo on Sep 16, 2024. The company gave GTLS a "Buy" rating, the same as its previous rate.
Chart Industries Financial Forecast
Chart Industries Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.52B | $1.54B | $537.90M | $441.40M | $412.10M | - | $354.10M | $378.90M | $328.30M |
| Avg Forecast | $1.33B | $1.27B | $1.24B | $1.18B | $1.26B | $1.20B | $1.17B | $1.11B | $1.40B | $1.32B | $1.27B | $1.24B | $1.37B | $1.25B | $1.20B | $1.12B | $1.28B | $1.14B | $1.11B | $969.83M | $1.10B | $1.03B | $971.28M | $475.67M | $491.59M | $448.36M | $390.49M | $354.90M | $374.62M | $347.22M |
| High Forecast | $1.42B | $1.35B | $1.32B | $1.26B | $1.34B | $1.28B | $1.25B | $1.19B | $1.49B | $1.41B | $1.36B | $1.32B | $1.46B | $1.34B | $1.28B | $1.20B | $1.37B | $1.18B | $1.19B | $1.04B | $1.14B | $1.10B | $1.04B | $507.90M | $524.90M | $478.74M | $390.49M | $381.61M | $402.81M | $373.35M |
| Low Forecast | $1.29B | $1.22B | $1.19B | $1.14B | $1.22B | $1.16B | $1.13B | $1.08B | $1.35B | $1.28B | $1.23B | $1.19B | $1.33B | $1.21B | $1.16B | $1.09B | $1.24B | $1.10B | $1.07B | $937.53M | $989.21M | $998.00M | $938.93M | $459.83M | $475.22M | $433.43M | $390.49M | $332.42M | $350.89M | $325.22M |
| # Analysts | 4 | 8 | 5 | 4 | 5 | 8 | 5 | 5 | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 10 | 11 | 5 | 5 | 9 | 5 | 4 | 4 | 4 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.47% | 1.58% | 1.13% | 0.90% | 0.92% | - | 1.00% | 1.01% | 0.95% |
Chart Industries's average Quarter revenue forecast for Dec 23 based on 11 analysts is $1.10B, with a low forecast of $989.21M, and a high forecast of $1.14B. GTLS's average Quarter revenue forecast represents a -27.82% decrease compared to the company's last Quarter revenue of $1.52B (Sep 23).
Chart Industries EBITDA Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 8 | 5 | 4 | 5 | 8 | 5 | 5 | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 10 | 11 | 5 | 5 | 9 | 5 | 4 | 4 | 4 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $104.40M | $95.70M | $54.40M | $68.70M | $61.90M | - | $40.60M | $39.80M | $44.10M |
| Avg Forecast | $166.96M | $158.68M | $154.70M | $147.88M | $157.60M | $149.81M | $146.09M | $139.62M | $175.21M | $165.43M | $159.07M | $154.84M | $171.78M | $156.98M | $150.22M | $140.65M | $160.39M | $142.99M | $139.23M | $40.99M | $137.40M | $129.32M | $121.67M | $37.26M | $61.58M | $65.26M | $48.91M | $29.45M | $27.70M | $59.32M |
| High Forecast | $178.27M | $169.43M | $165.19M | $157.90M | $168.28M | $159.96M | $155.98M | $149.08M | $187.09M | $176.64M | $169.85M | $165.33M | $183.41M | $167.62M | $160.40M | $150.18M | $171.26M | $147.97M | $148.66M | $49.18M | $142.44M | $138.08M | $129.91M | $44.71M | $65.75M | $78.31M | $48.91M | $35.35M | $33.23M | $71.19M |
| Low Forecast | $161.40M | $153.39M | $149.55M | $142.95M | $152.35M | $144.82M | $141.22M | $134.97M | $169.38M | $159.92M | $153.77M | $149.68M | $166.06M | $151.75M | $145.22M | $135.97M | $155.05M | $138.02M | $134.59M | $32.79M | $123.91M | $125.01M | $117.61M | $29.81M | $59.53M | $52.21M | $48.91M | $23.56M | $22.16M | $47.46M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 0.79% | 1.46% | 1.12% | 0.95% | - | 1.38% | 1.44% | 0.74% |
11 analysts predict GTLS's average Quarter EBITDA for Dec 23 to be $137.40M, with a high of $142.44M and a low of $123.91M. This is 31.61% upper than Chart Industries's previous annual EBITDA (Sep 23) of $104.40M.
Chart Industries Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 8 | 5 | 4 | 5 | 8 | 5 | 5 | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 10 | 11 | 5 | 5 | 9 | 5 | 4 | 4 | 4 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $10.40M | $9.10M | $-13.50M | $17.50M | $41.20M | - | $10.20M | $12.10M | $14.90M |
| Avg Forecast | - | - | - | - | - | - | - | - | $226.84M | $206.04M | $188.97M | $175.73M | $205.39M | $169.48M | $143.65M | $116.41M | $181.81M | $133.01M | $116.97M | $11.61M | $99.60M | $69.86M | $44.68M | $10.56M | $77.94M | $22.05M | $39.27M | $8.35M | $11.40M | $20.04M |
| High Forecast | - | - | - | - | - | - | - | - | $246.82M | $224.19M | $205.61M | $191.21M | $223.48M | $184.41M | $156.30M | $126.67M | $197.82M | $156.51M | $127.27M | $13.94M | $107.55M | $76.02M | $48.62M | $12.67M | $84.81M | $26.46M | $39.27M | $10.01M | $13.68M | $24.05M |
| Low Forecast | - | - | - | - | - | - | - | - | $217.02M | $197.12M | $180.78M | $168.12M | $196.50M | $162.15M | $137.43M | $111.37M | $173.94M | $122.67M | $111.91M | $9.29M | $86.51M | $66.84M | $42.75M | $8.45M | $74.57M | $17.64M | $39.27M | $6.68M | $9.12M | $16.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.15% | 0.20% | -1.28% | 0.22% | 1.87% | - | 1.22% | 1.06% | 0.74% |
Chart Industries's average Quarter net income forecast for Dec 23 is $99.60M, with a range of $86.51M to $107.55M. GTLS's average Quarter net income forecast represents a 857.68% increase compared to the company's last Quarter net income of $10.40M (Sep 23).
Chart Industries SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 8 | 5 | 4 | 5 | 8 | 5 | 5 | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 10 | 11 | 5 | 5 | 9 | 5 | 4 | 4 | 4 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $122.80M | $140.70M | $93.50M | $55.20M | $52.30M | - | $53.50M | $51.50M | $51.10M |
| Avg Forecast | $192.69M | $183.14M | $178.55M | $170.67M | $181.89M | $172.90M | $168.60M | $161.14M | $202.22M | $190.93M | $183.59M | $178.71M | $198.26M | $181.18M | $173.38M | $162.33M | $185.11M | $165.03M | $160.69M | $60.91M | $158.58M | $149.25M | $140.42M | $55.37M | $71.07M | $75.62M | $56.45M | $43.77M | $48.42M | $68.74M |
| High Forecast | $205.75M | $195.54M | $190.65M | $182.24M | $194.21M | $184.61M | $180.03M | $172.06M | $215.92M | $203.87M | $196.03M | $190.81M | $211.69M | $193.45M | $185.12M | $173.33M | $197.65M | $170.77M | $171.57M | $73.09M | $164.40M | $159.37M | $149.93M | $66.45M | $75.89M | $90.74M | $56.45M | $52.53M | $58.10M | $82.49M |
| Low Forecast | $186.27M | $177.04M | $172.60M | $164.99M | $175.83M | $167.14M | $162.99M | $155.78M | $195.49M | $184.57M | $177.47M | $172.76M | $191.65M | $175.15M | $167.60M | $156.93M | $178.95M | $159.29M | $155.34M | $48.73M | $143.01M | $144.28M | $135.74M | $44.30M | $68.70M | $60.49M | $56.45M | $35.02M | $38.74M | $54.99M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 1.00% | 1.69% | 0.78% | 0.69% | - | 1.22% | 1.06% | 0.74% |
Chart Industries's average Quarter SG&A projection for Dec 23 is $158.58M, based on 11 Wall Street analysts, with a range of $143.01M to $164.40M. The forecast indicates a 29.14% rise compared to GTLS last annual SG&A of $122.80M (Sep 23).
Chart Industries EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 8 | 5 | 4 | 5 | 8 | 5 | 5 | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 10 | 11 | 5 | 5 | 9 | 5 | 4 | 4 | 4 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.36 | $0.47 | $1.15 | - | $0.28 | $0.34 | $0.42 |
| Avg Forecast | - | - | - | - | - | - | - | - | $4.80 | $4.36 | $4.00 | $3.72 | $4.35 | $3.59 | $3.04 | $2.46 | $3.85 | $2.82 | $2.48 | $1.58 | $2.11 | $1.48 | $0.95 | $0.35 | $1.65 | $1.31 | $0.84 | $0.55 | $0.69 | $0.84 |
| High Forecast | - | - | - | - | - | - | - | - | $5.22 | $4.74 | $4.35 | $4.05 | $4.73 | $3.90 | $3.31 | $2.68 | $4.19 | $3.31 | $2.69 | $1.72 | $2.28 | $1.61 | $1.03 | $0.38 | $1.79 | $1.42 | $0.84 | $0.61 | $0.76 | $0.92 |
| Low Forecast | - | - | - | - | - | - | - | - | $4.59 | $4.17 | $3.83 | $3.56 | $4.16 | $3.43 | $2.91 | $2.36 | $3.68 | $2.60 | $2.37 | $1.51 | $1.83 | $1.41 | $0.90 | $0.33 | $1.58 | $1.25 | $0.84 | $0.51 | $0.64 | $0.77 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.04% | 0.28% | 0.88% | - | 0.51% | 0.49% | 0.50% |
According to 9 Wall Street analysts, Chart Industries's projected average Quarter EPS for Mar 23 is $0.35, with a low estimate of $0.33 and a high estimate of $0.38. This represents a -26.16% decrease compared to GTLS previous annual EPS of $0.47 (Dec 22).
Chart Industries Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HLIO | Helios | $43.38 | $87.00 | 100.55% | Buy |
| CXT | Crane NXT | $58.30 | $95.50 | 63.81% | Buy |
| GTLS | Chart Industries | $121.60 | $198.36 | 63.13% | Buy |
| JBT | John Bean | $91.42 | $128.00 | 40.01% | Buy |
| IEX | IDEX | $205.60 | $236.33 | 14.95% | Buy |
| GTES | Gates Industrial | $17.44 | $19.00 | 8.94% | Buy |
| FLS | Flowserve | $46.86 | $48.00 | 2.43% | Buy |
| AME | AMETEK | $169.43 | $173.30 | 2.28% | Buy |
| FELE | Franklin Electric | $101.40 | $103.00 | 1.58% | Buy |
| DCI | Donaldson Company | $71.68 | $68.25 | -4.79% | Hold |
| ITT | ITT | $138.69 | $124.50 | -10.23% | Buy |
| IR | Ingersoll Rand | $93.74 | $70.33 | -24.97% | Buy |
GTLS Forecast FAQ
Is Chart Industries a good buy?
Yes, according to 15 Wall Street analysts, Chart Industries (GTLS) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 12 'Buy' recommendations, accounting for 86.67% of GTLS's total ratings.
What is GTLS's price target?
Chart Industries (GTLS) average price target is $198.36 with a range of $160 to $259, implying a 63.13% from its last price of $121.6. The data is based on 15 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Chart Industries stock go up soon?
According to Wall Street analysts' prediction for GTLS stock, the company can go up by 63.13% (from the last price of $121.6 to the average price target of $198.36), up by 112.99% based on the highest stock price target, and up by 31.58% based on the lowest stock price target.
Can Chart Industries stock reach $200?
GTLS's highest twelve months analyst stock price target of $259 supports the claim that Chart Industries can reach $200 in the near future.
What is Chart Industries's current price target trend?
1 Wall Street analyst forecast a $175 price target for Chart Industries (GTLS) this month, up 43.91% from its last price of $121.6. Compared to the last 3 and 12 months, the average price target increased by 57.07% and increased by 51.18%, respectively.
What are Chart Industries's analysts' financial forecasts?
Chart Industries's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $4.73B (high $5.06B, low $4.58B), average EBITDA is $593.11M (high $633.29M, low $573.36M), average net income is $0 (high $0, low $0), average SG&A $684.54M (high $730.91M, low $661.74M), and average EPS is $0 (high $0, low $0). GTLS's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $5.02B (high $5.35B, low $4.85B), average EBITDA is $628.22M (high $670.78M, low $607.29M), average net income is $0 (high $0, low $0), average SG&A $725.05M (high $774.17M, low $700.9M), and average EPS is $0 (high $0, low $0).
Did the GTLS's actual financial results beat the analysts' financial forecasts?
Based on Chart Industries's last annual report (Dec 2022), the company's revenue was $1.61B, which missed the average analysts forecast of $1.69B by -4.33%. Apple's EBITDA was $192.2M, missing the average prediction of $205.21M by -6.34%. The company's net income was $83M, missing the average estimation of $147.6M by -43.77%. Apple's SG&A was $214.5M, missing the average forecast of $246.91M by -13.13%. Lastly, the company's EPS was $2.29, missing the average prediction of $4.35 by -47.34%. In terms of the last quarterly report (Sep 2023), Chart Industries's revenue was $1.52B, beating the average analysts' forecast of $1.03B by 47.19%. The company's EBITDA was $104.4M, missing the average prediction of $129.32M by -19.27%. Chart Industries's net income was $10.4M, missing the average estimation of $69.86M by -85.11%. The company's SG&A was $122.8M, missing the average forecast of $149.25M by -17.72%. Lastly, the company's EPS was $0, missing the average prediction of $1.48 by -100.00%