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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 $101.00 (represents a 9.45% upside from IR’s last price of $92.28) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.

IR Price Target

The average price target for Ingersoll Rand (IR) is $101.00 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $105.00 to $97.00. This represents a potential 9.45% upside from IR's last price of $92.28.

IR Analyst Ratings

Buy

According to 8 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' (75.00%), 1 'Hold' (12.50%), 1 'Sell' (12.50%), and 0 'Strong Sell' (0.00%).

Ingersoll Rand Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 02, 2024Julian MitchellBarclays$105.00$98.007.14%13.78%
Sep 06, 2024Chris SnyderMorgan Stanley$97.00$87.6110.72%5.11%
Aug 02, 2024Nathan JonesStifel Nicolaus$101.00$87.7615.09%9.45%
Aug 02, 2024Julian MitchellBarclays$101.00$91.2310.71%9.45%
May 06, 2024Michael HalloranRobert W. Baird$109.00$86.7225.69%18.12%
Jan 05, 2023Wells Fargo$60.00$53.2212.74%-34.98%
Jan 05, 2023Barclays$60.00$53.4112.34%-34.98%
Jul 26, 2022Stephen VolkmannJefferies$55.00$44.5523.45%-40.40%
Jul 13, 2022Deutsche Bank$50.00$41.0421.83%-45.82%
Jun 23, 2022Goldman Sachs$50.00$41.7619.73%-45.82%
Jun 07, 2022Joshua PokrzywinskiMorgan Stanley$52.00$49.335.41%-43.65%
May 06, 2022Credit Suisse$52.00$43.8018.72%-43.65%
Nov 04, 2021Joe RitchieGoldman Sachs$68.00$57.1019.09%-26.31%
Sep 03, 2021Andrew KaplowitzCitigroup$62.00$52.9017.20%-32.81%
Jun 17, 2021Jeffrey SpragueVertical Research$54.00$45.9517.52%-41.48%
May 12, 2021David RasoEvercore ISI$53.00$47.0912.55%-42.57%

The latest Ingersoll Rand stock forecast, released on Oct 02, 2024 by Julian Mitchell from Barclays, set a price target of $105.00, which represents a 7.14% increase from the stock price at the time of the forecast ($98.00), and a 13.78% increase from IR last price ($92.28).

Ingersoll Rand Price Target by Period

1M3M12M
# Anlaysts-15
Avg Price Target-$105.00$102.60
Last Closing Price$92.28$92.28$92.28
Upside/Downside-100.00%13.78%11.18%

In the current month, the average price target of Ingersoll Rand stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Ingersoll Rand's last price of $92.28. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 20, 2024CFRAReduceDowngrade
Oct 02, 2024Morgan StanleyUnderperformUnderperformHold
Oct 02, 2024Wells FargoBuyBuyHold
Oct 02, 2024BarclaysOverweightOverweightHold
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, 2024Wells FargoBuyBuyHold
Apr 02, 2024UBSUnderperformUnderperformHold
Apr 02, 2024BarclaysOverweightOverweightHold
May 09, 2023Evercore ISIOutperformUpgrade
Jan 05, 2023Wells FargoOverweightOverweightHold
Jan 05, 2023BarclaysOverweightOverweightHold
Dec 09, 2022CitigroupBuyBuyHold
Sep 27, 2022CitigroupBuyBuyHold
Jul 15, 2022JefferiesBuyBuyHold
Jul 13, 2022Deutsche BankBuyBuyHold
Jun 23, 2022Goldman SachsBuyBuyHold
Jun 07, 2022Morgan StanleyOverweightOverweightHold
Feb 25, 2022Deutsche BankBuyBuyHold
Feb 25, 2022Credit SuisseNeutralNeutralHold
Feb 25, 2022Morgan StanleyOverweightOverweightHold

Ingersoll Rand's last stock rating was published by CFRA on Nov 20, 2024. The company Downgrade its IR rating from "null" to "Reduce".

Ingersoll Rand Financial Forecast

Ingersoll Rand 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------------$1.82B$1.74B$1.69B$1.63B$1.62B$1.52B$1.44B$1.34B$1.42B$1.32B$1.28B$1.37B$1.51B$1.34B$1.26B$799.90M$605.80M$596.70M
Avg Forecast$3.59B$3.34B$3.11B$1.86B$2.04B$1.96B$1.92B$1.79B$1.93B$1.87B$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
High Forecast$3.65B$3.40B$3.16B$1.89B$2.07B$1.99B$1.96B$1.82B$1.96B$1.88B$1.80B$1.70B$1.80B$1.72B$1.60B$1.51B$1.56B$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
Low Forecast$3.56B$3.31B$3.07B$1.84B$2.01B$1.93B$1.90B$1.77B$1.92B$1.87B$1.80B$1.70B$1.75B$1.64B$1.56B$1.47B$1.52B$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
# Analysts333344468422411595447551075889127
Surprise %------------1.03%1.03%1.07%1.10%1.06%1.05%1.04%1.04%1.00%1.04%1.06%1.04%1.03%1.05%1.09%0.59%1.02%0.96%

Ingersoll Rand's average Quarter revenue forecast for Mar 24 based on 2 analysts is $1.70B, with a low forecast of $1.70B, and a high forecast of $1.70B. 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

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
# Analysts333344468422411595447551075889127
EBITDA------------$333.20M$318.40M$392.40M$363.90M$385.10M$314.80M$309.30M$270.10M$376.60M$253.70M$357.90M$69.20M$275.10M$219.30M$93.50M$3.70M$94.40M$116.50M
Avg Forecast$704.10M$654.43M$608.26M$364.53M$398.66M$383.11M$376.95M$351.10M$377.24M$366.80M$352.46M$290.60M$347.88M$329.64M$308.90M$264.19M$359.03M$279.67M$268.27M$240.17M$273.51M$245.30M$233.06M$49.43M$282.21M$246.44M$224.44M$-55.80M$115.06M$120.41M
High Forecast$715.66M$665.17M$618.25M$370.52M$405.20M$389.40M$383.14M$356.98M$383.44M$367.87M$352.46M$348.73M$351.83M$337.22M$313.97M$317.02M$430.83M$279.67M$268.27M$288.20M$273.51M$245.30M$233.06M$59.31M$282.21M$246.44M$224.44M$-44.64M$115.06M$120.41M
Low Forecast$696.45M$647.32M$601.65M$360.57M$394.33M$378.95M$372.86M$347.18M$375.29M$365.72M$352.46M$232.48M$341.95M$321.71M$305.55M$211.35M$287.22M$279.67M$268.27M$192.14M$273.51M$245.30M$233.06M$39.54M$282.21M$246.44M$224.44M$-66.96M$115.06M$120.41M
Surprise %------------0.96%0.97%1.27%1.38%1.07%1.13%1.15%1.12%1.38%1.03%1.54%1.40%0.97%0.89%0.42%-0.07%0.82%0.97%

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

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
# Analysts333344468422411595447551075889127
Net Income------------$229.80M$208.30M$179.50M$161.10M$217.40M$145.10M$138.50M$103.70M$172.50M$126.00M$233.90M$-90.40M$151.60M$29.50M$-177.60M$-36.80M$25.70M$41.30M
Avg Forecast$424.64M$405.64M$385.42M$347.34M$385.49M$371.03M$354.79M$320.84M$346.41M$334.28M$318.38M$114.32M$313.07M$279.61M$242.17M$103.93M$279.33M$239.82M$210.30M$94.48M$242.51M$190.82M$171.47M$-64.57M$182.37M$127.04M$78.91M$-40.74M$139.82M$153.50M
High Forecast$433.70M$414.30M$393.64M$354.75M$393.72M$378.95M$362.36M$329.07M$350.53M$334.39M$318.47M$137.19M$321.31M$287.71M$247.34M$124.72M$335.19M$239.82M$210.30M$113.38M$242.51M$190.82M$171.47M$-51.66M$182.37M$127.04M$78.91M$-32.59M$139.82M$153.50M
Low Forecast$418.65M$399.91M$379.98M$342.43M$380.05M$365.79M$349.78M$312.61M$341.52M$334.17M$318.29M$91.46M$308.95M$271.50M$238.76M$83.14M$223.46M$239.82M$210.30M$75.59M$242.51M$190.82M$171.47M$-77.49M$182.37M$127.04M$78.91M$-48.89M$139.82M$153.50M
Surprise %------------0.73%0.74%0.74%1.55%0.78%0.61%0.66%1.10%0.71%0.66%1.36%1.40%0.83%0.23%-2.25%0.90%0.18%0.27%

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

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
# Analysts333344468422411595447551075889127
SG&A------------$330.80M$315.20M$315.60M$311.10M$276.00M$278.70M$275.60M$265.50M$255.90M$252.60M$267.20M$270.70M$246.10M$245.60M$247.70M$155.40M$113.40M$95.30M
Avg Forecast$668.70M$621.53M$577.68M$346.20M$378.62M$363.85M$358.00M$333.45M$358.28M$348.36M$334.74M$292.70M$330.39M$313.07M$293.37M$266.09M$243.96M$269.67M$258.67M$241.90M$263.72M$236.52M$224.72M$193.36M$272.11M$237.62M$216.41M$172.05M$110.94M$116.10M
High Forecast$679.68M$631.73M$587.16M$351.89M$384.83M$369.83M$363.88M$339.04M$364.16M$349.38M$334.74M$351.24M$334.14M$320.27M$298.19M$319.31M$292.75M$269.67M$258.67M$290.28M$263.72M$236.52M$224.72M$232.03M$272.11M$237.62M$216.41M$206.46M$110.94M$116.10M
Low Forecast$661.44M$614.78M$571.41M$342.45M$374.51M$359.90M$354.11M$329.72M$356.42M$347.34M$334.74M$234.16M$324.76M$305.54M$290.18M$212.87M$195.17M$269.67M$258.67M$193.52M$263.72M$236.52M$224.72M$154.69M$272.11M$237.62M$216.41M$137.64M$110.94M$116.10M
Surprise %------------1.00%1.01%1.08%1.17%1.13%1.03%1.07%1.10%0.97%1.07%1.19%1.40%0.90%1.03%1.14%0.90%1.02%0.82%

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

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
# Analysts333344468422411595447551075889127
EPS------------$0.57$0.51$0.44$0.40$0.54$0.36$0.34$0.25$0.42$0.31$0.56$-0.22$0.36$0.07$-0.43$-0.13$0.13$0.20
Avg Forecast$1.04$1.00$0.95$0.85$0.95$0.91$0.87$0.79$0.85$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
High Forecast$1.07$1.02$0.97$0.87$0.97$0.93$0.89$0.81$0.86$0.82$0.78$0.69$0.79$0.71$0.61$0.53$0.64$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
Low Forecast$1.03$0.98$0.93$0.84$0.93$0.90$0.86$0.77$0.84$0.82$0.78$0.69$0.76$0.67$0.59$0.51$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
Surprise %------------0.74%0.74%0.74%0.77%0.86%0.61%0.66%0.56%0.71%0.66%1.33%-0.62%0.80%0.22%-2.22%-0.49%0.38%0.53%

According to 2 Wall Street analysts, Ingersoll Rand's projected average Quarter EPS for Mar 24 is $0.69, with a low estimate of $0.69 and a high estimate of $0.69. 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
XYLXylem$120.77$167.5038.69%Buy
AOSA. O. Smith$70.81$85.8021.17%Buy
FELEFranklin Electric$103.99$120.0015.40%Buy
DCIDonaldson Company$70.92$81.0014.21%Hold
AMEAMETEK$186.71$203.008.72%Buy
DOVDover$196.54$212.638.19%Buy
EMREmerson Electric$128.08$136.756.77%Buy
ITTITT$149.06$159.006.67%Buy
ETNEaton$347.08$370.006.60%Buy
IEXIDEX$222.19$232.004.42%Buy
IRIngersoll Rand$97.55$101.003.54%Buy
FLSFlowserve$59.83$60.200.62%Buy
ITWIllinois Tool Works$267.88$255.67-4.56%Hold

IR Forecast FAQ

Is Ingersoll Rand a good buy?

Yes, according to 8 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 75.00% of IR's total ratings.

What is IR's price target?

Ingersoll Rand (IR) average price target is $101 with a range of $97 to $105, implying a 9.45% from its last price of $92.28. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Ingersoll Rand stock go up soon?

According to Wall Street analysts' prediction for IR stock, the company can go up by 9.45% (from the last price of $92.28 to the average price target of $101), up by 13.78% based on the highest stock price target, and up by 5.11% based on the lowest stock price target.

Can Ingersoll Rand stock reach $140?

IR's average twelve months analyst stock price target of $101 does not support the claim that Ingersoll Rand can reach $140 in the near future.

What are Ingersoll Rand's analysts' financial forecasts?

Ingersoll Rand's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $7.71B (high $7.84B, low $7.62B), average EBITDA is $1.51B (high $1.53B, low $1.49B), average net income is $1.43B (high $1.46B, low $1.41B), average SG&A $1.43B (high $1.46B, low $1.42B), and average EPS is $3.52 (high $3.6, low $3.46). IR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $11.9B (high $12.1B, low $11.77B), average EBITDA is $2.33B (high $2.37B, low $2.31B), average net income is $1.56B (high $1.6B, low $1.54B), average SG&A $2.21B (high $2.25B, low $2.19B), and average EPS is $3.84 (high $3.92, low $3.79).

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

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 $1.15B by 11.52%. The company's net income was $604.7M, missing the average estimation of $823.93M by -26.61%. Apple's SG&A was $1.1B, beating the average forecast of $1.01B by 8.05%. 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 $347.88M by -4.22%. Ingersoll Rand's net income was $229.8M, missing the average estimation of $313.07M by -26.60%. 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%