Ingersoll Rand (IR) Stock Forecast, Price Target & Predictions


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IR Stock Forecast


Ingersoll Rand stock forecast is as follows: an average price target of $70.33 (represents a -22.74% downside from IR’s last price of $91.03) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.

IR Price Target


The average price target for Ingersoll Rand (IR) is $70.33 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $109.00 to $50.00. This represents a potential -22.74% downside from IR's last price of $91.03.

IR Analyst Ratings


Buy

According to 7 Wall Street analysts, Ingersoll Rand's rating consensus is 'Buy'. The analyst rating breakdown for IR stock is 0 'Strong Buy' (0.00%), 6 'Buy' (85.71%), 1 'Hold' (14.29%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Ingersoll Rand Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 06, 2024Chris SnyderMorgan Stanley$97.00$87.6110.72%6.56%
Aug 02, 2024Nathan JonesStifel Nicolaus$101.00$87.7615.09%10.95%
Aug 02, 2024Julian MitchellBarclays$101.00$91.2310.71%10.95%
May 06, 2024Michael HalloranRobert W. Baird$109.00$86.7225.69%19.74%
Jan 05, 2023-Wells Fargo$60.00$53.2212.74%-34.09%
Jan 05, 2023-Barclays$60.00$53.4112.34%-34.09%
Jul 26, 2022Stephen VolkmannJefferies$55.00$44.5523.45%-39.58%
Jul 13, 2022-Deutsche Bank$50.00$41.0421.83%-45.07%
Jun 23, 2022-Goldman Sachs$50.00$41.7619.73%-45.07%
Jun 07, 2022Joshua PokrzywinskiMorgan Stanley$52.00$49.335.41%-42.88%
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The latest Ingersoll Rand stock forecast, released on Sep 06, 2024 by Chris Snyder from Morgan Stanley, set a price target of $97.00, which represents a 10.72% increase from the stock price at the time of the forecast ($87.61), and a 6.56% increase from IR last price ($91.03).

Ingersoll Rand Price Target by Period


1M3M12M
# Anlaysts134
Avg Price Target$97.00$99.67$102.00
Last Closing Price$91.03$91.03$91.03
Upside/Downside6.56%9.49%12.05%

In the current month, the average price target of Ingersoll Rand stock is $97.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 6.56% increase as opposed to Ingersoll Rand's last price of $91.03. This month's average price target is down -2.68% compared to last quarter, and down -4.90% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 06, 2024Morgan StanleyUnderperformUnderperformHold
Sep 06, 2024Morgan StanleyEqual-WeightPositiveInitialise
Sep 06, 2024Morgan StanleyOverweightEqual-WeightInitialise
Aug 19, 2024Wells FargoBuyBuyHold
Aug 02, 2024BarclaysOverweightOverweightHold
Jul 10, 2024BarclaysOverweightOverweightHold
May 06, 2024Wells FargoBuyBuyHold
May 06, 2024Goldman SachsUnderperformUnderperformHold
Apr 08, 2024CitigroupBuyBuyHold
Apr 02, 2024UBSUnderperformUnderperformHold
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Ingersoll Rand's last stock rating was published by Morgan Stanley on Sep 06, 2024. The company gave IR a "Underperform" rating, the same as its previous rate.

Ingersoll Rand Financial Forecast


Ingersoll Rand Revenue Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18
Revenue---------$1.82B$1.74B$1.69B$1.63B$1.62B$1.52B-$1.34B$1.42B$1.32B$1.28B$1.37B$1.51B$1.34B$1.26B$799.90M$605.80M$596.70M$629.10M$620.30M$712.70M
Avg Forecast$1.96B$2.12B$2.00B$1.99B$1.87B$1.99B$1.88B$1.80B$1.70B$1.78B$1.68B$1.58B$1.48B$1.54B$1.45B$1.39B$1.29B$1.42B$1.27B$1.21B$1.32B$1.46B$1.28B$1.16B$1.35B$596.41M$624.18M$634.40M$600.88M$662.69M
High Forecast$1.99B$2.15B$2.03B$2.02B$1.90B$2.02B$1.91B$1.83B$1.73B$1.80B$1.72B$1.60B$1.51B$1.56B$1.47B$1.39B$1.31B$1.44B$1.29B$1.23B$1.34B$1.48B$1.30B$1.18B$1.37B$605.27M$633.45M$643.83M$609.81M$795.22M
Low Forecast$1.94B$2.10B$1.98B$1.97B$1.85B$1.97B$1.85B$1.78B$1.68B$1.75B$1.64B$1.56B$1.47B$1.52B$1.43B$1.39B$1.26B$1.38B$1.24B$1.18B$1.28B$1.43B$1.24B$1.13B$1.31B$581.20M$608.26M$618.22M$585.56M$530.15M
# Analysts5452237324115954486553333323457
Surprise %---------1.03%1.03%1.07%1.10%1.06%1.05%-1.04%1.00%1.04%1.06%1.04%1.03%1.05%1.09%0.59%1.02%0.96%0.99%1.03%1.08%

Ingersoll Rand's average Quarter revenue forecast for Mar 24 based on 2 analysts is $1.70B, with a low forecast of $1.68B, and a high forecast of $1.73B. IR's average Quarter revenue forecast represents a -6.63% decrease compared to the company's last Quarter revenue of $1.82B (Dec 23).

Ingersoll Rand EBITDA Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18
# Analysts5452237324115954486553333323457
EBITDA---------$333.20M$318.40M$392.40M$363.90M$385.10M$314.80M-$270.10M$376.60M$253.70M$357.90M$69.20M$275.10M$219.30M$93.50M$3.70M$94.40M$116.50M$120.00M$127.00M$180.30M
Avg Forecast$378.63M$408.43M$386.08M$384.30M$360.53M$383.20M$363.21M$347.16M$290.60M$342.65M$324.69M$304.26M$264.19M$296.57M$241.01M$268.27M$240.17M$326.39M$219.10M$233.06M$49.43M$226.19M$155.63M$37.89M$-55.80M$48.78M$144.97M$145.65M$137.21M$278.47M
High Forecast$384.47M$414.73M$392.03M$390.22M$366.09M$389.11M$369.01M$352.52M$348.73M$346.55M$332.16M$308.95M$317.02M$301.14M$289.22M$268.27M$288.20M$391.66M$262.93M$236.52M$59.31M$271.43M$186.76M$45.47M$-44.64M$58.54M$173.97M$174.78M$164.65M$334.16M
Low Forecast$374.76M$404.26M$382.13M$380.37M$356.84M$379.29M$357.42M$343.62M$232.48M$336.81M$316.88M$301.15M$211.35M$293.54M$192.81M$268.27M$192.14M$261.11M$175.28M$227.12M$39.54M$180.95M$124.51M$30.31M$-66.96M$39.02M$115.98M$116.52M$109.76M$222.77M
Surprise %---------0.97%0.98%1.29%1.38%1.30%1.31%-1.12%1.15%1.16%1.54%1.40%1.22%1.41%2.47%-0.07%1.94%0.80%0.82%0.93%0.65%

2 analysts predict IR's average Quarter EBITDA for Mar 24 to be $290.60M, with a high of $348.73M and a low of $232.48M. This is -12.78% lower than Ingersoll Rand's previous annual EBITDA (Dec 23) of $333.20M.

Ingersoll Rand Net Income Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18
# Analysts5452237324115954486553333323457
Net Income---------$229.80M$208.30M$179.50M$161.10M$217.40M$145.10M-$103.70M$172.50M$126.00M$233.90M$-90.40M$151.60M$29.50M$-177.60M$-36.80M$25.70M$41.30M$44.90M$47.10M$94.50M
Avg Forecast$377.34M$413.48M$377.94M$372.91M$341.26M$363.00M$334.76M$318.77M$114.32M$313.45M$279.95M$242.47M$103.93M$254.60M$119.70M$210.71M$94.48M$253.93M$108.82M$3.23B$-64.57M$124.65M$20.94M$-71.97M$-40.74M$23.43M$38.04M$40.29M$41.56M$87.37M
High Forecast$384.90M$421.77M$385.52M$380.39M$348.10M$370.27M$347.01M$325.16M$137.19M$321.70M$288.06M$247.33M$124.72M$259.70M$143.64M$210.71M$113.38M$304.72M$130.58M$3.87B$-51.66M$149.58M$25.12M$-57.58M$-32.59M$28.12M$45.65M$48.35M$49.87M$104.84M
Low Forecast$372.33M$407.99M$372.92M$367.96M$336.73M$358.18M$326.60M$314.54M$91.46M$309.33M$271.83M$239.25M$83.14M$251.22M$95.76M$210.71M$75.59M$203.15M$87.05M$2.58B$-77.49M$99.72M$16.75M$-86.37M$-48.89M$18.75M$30.43M$32.24M$33.25M$69.89M
Surprise %---------0.73%0.74%0.74%1.55%0.85%1.21%-1.10%0.68%1.16%0.07%1.40%1.22%1.41%2.47%0.90%1.10%1.09%1.11%1.13%1.08%

Ingersoll Rand's average Quarter net income forecast for Mar 24 is $114.32M, with a range of $91.46M to $137.19M. IR's average Quarter net income forecast represents a -50.25% decrease compared to the company's last Quarter net income of $229.80M (Dec 23).

Ingersoll Rand SG&A Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18
# Analysts5452237324115954486553333323457
SG&A---------$330.80M$315.20M$315.60M$311.10M$276.00M$278.70M-$265.50M$255.90M$252.60M$267.20M$270.70M$246.10M$245.60M$247.70M$155.40M$113.40M$95.30M$110.70M$117.00M$99.00M
Avg Forecast$365.08M$393.82M$372.26M$370.54M$347.62M$369.49M$350.21M$334.74M$292.70M$330.39M$313.07M$293.37M$266.09M$285.95M$239.97M$258.67M$241.90M$221.78M$218.15M$224.72M$193.36M$202.35M$174.30M$100.38M$172.05M$103.39M$87.78M$99.71M$102.62M$91.34M
High Forecast$370.71M$399.89M$378.00M$376.26M$352.98M$375.18M$355.80M$339.90M$351.24M$334.14M$320.27M$297.89M$319.31M$290.36M$287.96M$258.67M$290.28M$266.14M$261.79M$228.06M$232.03M$242.82M$209.16M$120.46M$206.46M$124.07M$105.33M$119.65M$123.14M$109.61M
Low Forecast$361.35M$389.79M$368.46M$366.76M$344.07M$365.71M$344.62M$331.32M$234.16M$324.76M$305.54M$290.37M$212.87M$283.03M$191.98M$258.67M$193.52M$177.42M$174.52M$218.99M$154.69M$161.88M$139.44M$80.31M$137.64M$82.72M$70.22M$79.76M$82.09M$73.07M
Surprise %---------1.00%1.01%1.08%1.17%0.97%1.16%-1.10%1.15%1.16%1.19%1.40%1.22%1.41%2.47%0.90%1.10%1.09%1.11%1.14%1.08%

Ingersoll Rand's average Quarter SG&A projection for Mar 24 is $292.70M, based on 2 Wall Street analysts, with a range of $234.16M to $351.24M. The forecast indicates a -11.52% fall compared to IR last annual SG&A of $330.80M (Dec 23).

Ingersoll Rand EPS Forecast

Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18
# Analysts5452237324115954486553333323457
EPS---------$0.57$0.51$0.44$0.40$0.54$0.36-$0.25$0.42$0.31$0.56$-0.22$0.36$0.07$-0.43$-0.13$0.13$0.20$0.22$0.23$0.47
Avg Forecast$0.93$1.01$0.93$0.92$0.84$0.89$0.82$0.78$0.69$0.77$0.69$0.60$0.52$0.62$0.59$0.52$0.45$0.60$0.47$0.42$0.36$0.45$0.31$0.19$0.27$0.34$0.38$0.39$0.34$0.49
High Forecast$0.94$1.04$0.95$0.93$0.85$0.91$0.85$0.80$0.70$0.79$0.71$0.61$0.53$0.64$0.60$0.52$0.46$0.61$0.48$0.43$0.36$0.46$0.32$0.20$0.27$0.35$0.38$0.40$0.35$0.59
Low Forecast$0.91$1.00$0.92$0.90$0.83$0.88$0.80$0.77$0.68$0.76$0.67$0.59$0.51$0.62$0.58$0.52$0.43$0.58$0.45$0.41$0.35$0.43$0.30$0.19$0.26$0.33$0.36$0.38$0.33$0.39
Surprise %---------0.74%0.74%0.74%0.77%0.86%0.61%-0.56%0.71%0.66%1.33%-0.62%0.80%0.22%-2.22%-0.49%0.38%0.53%0.57%0.67%0.96%

According to 2 Wall Street analysts, Ingersoll Rand's projected average Quarter EPS for Mar 24 is $0.69, with a low estimate of $0.68 and a high estimate of $0.70. This represents a 20.74% increase compared to IR previous annual EPS of $0.57 (Dec 23).

Ingersoll Rand Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
IEXIDEX$199.78$236.3318.30%Buy
EMREmerson Electric$102.03$116.5514.23%Buy
AOSA. O. Smith$79.97$87.679.63%Buy
XYLXylem$130.83$141.838.41%Buy
FELEFranklin Electric$97.16$103.006.01%Buy
AMEAMETEK$167.51$173.303.46%Buy
FLSFlowserve$46.65$48.002.89%Buy
DCIDonaldson Company$70.71$68.25-3.48%Hold
DOVDover$185.06$175.22-5.32%Hold
ITTITT$135.35$124.50-8.02%Buy
ITWIllinois Tool Works$251.75$230.92-8.27%Hold
IRIngersoll Rand$91.03$70.33-22.74%Buy
ETNEaton$305.80$227.70-25.54%Buy

IR Forecast FAQ


Yes, according to 7 Wall Street analysts, Ingersoll Rand (IR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 85.71% of IR's total ratings.

Ingersoll Rand (IR) average price target is $70.33 with a range of $50 to $109, implying a -22.74% from its last price of $91.03. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for IR stock, the company can go down by -22.74% (from the last price of $91.03 to the average price target of $70.33), up by 19.74% based on the highest stock price target, and down by -45.07% based on the lowest stock price target.

IR's average twelve months analyst stock price target of $70.33 does not support the claim that Ingersoll Rand can reach $140 in the near future.

1 Wall Street analyst forecast a $97 price target for Ingersoll Rand (IR) this month, up 6.56% from its last price of $91.03. Compared to the last 3 and 12 months, the average price target increased by 9.49% and increased by 12.05%, respectively.

Ingersoll Rand's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $7.37B (high $7.48B, low $7.28B), average EBITDA is $1.38B (high $1.46B, low $1.31B), average net income is $1.13B (high $1.18B, low $1.09B), average SG&A $1.35B (high $1.42B, low $1.28B), and average EPS is $3.18 (high $3.26, low $3.13). IR's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $7.98B (high $8.1B, low $7.9B), average EBITDA is $1.54B (high $1.56B, low $1.52B), average net income is $1.51B (high $1.54B, low $1.49B), average SG&A $1.48B (high $1.51B, low $1.47B), and average EPS is $3.7 (high $3.77, low $3.65).

Based on Ingersoll Rand's last annual report (Dec 2022), the company's revenue was $5.92B, beating the average analysts forecast of $5.67B by 4.42%. Apple's EBITDA was $1.28B, beating the average prediction of $1.05B by 22.30%. The company's net income was $604.7M, missing the average estimation of $679.49M by -11.01%. Apple's SG&A was $1.1B, beating the average forecast of $1.03B by 6.75%. Lastly, the company's EPS was $1.49, missing the average prediction of $2.18 by -31.59%. In terms of the last quarterly report (Dec 2023), Ingersoll Rand's revenue was $1.82B, beating the average analysts' forecast of $1.78B by 2.54%. The company's EBITDA was $333.2M, missing the average prediction of $342.65M by -2.76%. Ingersoll Rand's net income was $229.8M, missing the average estimation of $313.45M by -26.69%. The company's SG&A was $330.8M, beating the average forecast of $330.39M by 0.12%. Lastly, the company's EPS was $0.57, missing the average prediction of $0.769 by -25.92%