TriNet Group (TNET) Stock Forecast, Price Target & Predictions
TNET Stock Forecast
TriNet Group stock forecast is as follows: an average price target of $140.00 (represents a 43.08% upside from TNET’s last price of $97.85) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
TNET Price Target
The average price target for TriNet Group (TNET) is $140.00 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $140.00 to $140.00. This represents a potential 43.08% upside from TNET's last price of $97.85.
TNET Analyst Ratings
According to 7 Wall Street analysts, TriNet Group's rating consensus is 'Buy'. The analyst rating breakdown for TNET stock is 0 'Strong Buy' (0.00%), 5 'Buy' (71.43%), 1 'Hold' (14.29%), 1 'Sell' (14.29%), and 0 'Strong Sell' (0.00%).
TriNet Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 11, 2024 | Kyle Peterson | Needham | $140.00 | $92.95 | 50.62% | 43.08% |
| Sep 11, 2023 | Kyle Peterson | Needham | $135.00 | $113.31 | 19.14% | 37.97% |
| Jul 27, 2023 | Kyle Peterson | Needham | $120.00 | $101.00 | 18.81% | 22.64% |
| May 12, 2023 | Kyle Peterson | Needham | $115.00 | $91.66 | 25.47% | 17.53% |
The latest TriNet Group stock forecast, released on Sep 11, 2024 by Kyle Peterson from Needham, set a price target of $140.00, which represents a 50.62% increase from the stock price at the time of the forecast ($92.95), and a 43.08% increase from TNET last price ($97.85).
TriNet Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 1 |
| Avg Price Target | $140.00 | $140.00 | $140.00 |
| Last Closing Price | $97.85 | $97.85 | $97.85 |
| Upside/Downside | 43.08% | 43.08% | 43.08% |
In the current month, the average price target of TriNet Group stock is $140.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 43.08% increase as opposed to TriNet Group's last price of $97.85. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 11, 2024 | Needham | Buy | Buy | Hold |
| Jun 24, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Mar 04, 2024 | Needham | Buy | Buy | Hold |
| Sep 11, 2023 | Needham | Buy | Buy | Hold |
| Aug 07, 2023 | Benchmark | - | Buy | Initialise |
| Aug 07, 2023 | Craig-Hallum | - | Buy | Initialise |
| Aug 07, 2023 | EF Hutton | - | Buy | Initialise |
| Aug 07, 2023 | Seaport Global | - | Neutral | Initialise |
| Aug 07, 2023 | Cowen & Co. | - | Outperform | Upgrade |
| Jul 27, 2023 | Needham | Buy | Buy | Hold |
TriNet Group's last stock rating was published by Needham on Sep 11, 2024. The company gave TNET a "Buy" rating, the same as its previous rate.
TriNet Group Financial Forecast
TriNet Group 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 | - | - | - | - | - | - | - | - | - | - | - | - | $1.25B | $1.22B | $1.21B | $1.25B | $1.23B | $1.24B | - | $1.22B | $1.23B | $1.15B | $1.10B | $1.06B | $1.06B | $975.00M | $948.00M | $1.05B | $1.02B | $969.00M |
| Avg Forecast | $341.63M | $343.43M | $348.79M | $395.73M | $319.96M | $320.68M | $324.44M | $369.92M | $290.93M | $298.54M | $299.93M | $378.93M | $297.93M | $314.20M | $309.76M | $364.44M | $244.23M | $302.47M | $299.10M | $348.72M | $244.11M | $248.03M | $237.00M | $280.46M | $195.57M | $179.43M | $268.46M | $244.12M | $226.20M | $226.19M |
| High Forecast | $342.17M | $343.96M | $349.33M | $396.35M | $320.46M | $321.18M | $324.95M | $370.50M | $291.38M | $300.11M | $300.40M | $379.52M | $313.44M | $314.54M | $310.24M | $365.01M | $244.61M | $302.94M | $299.10M | $353.73M | $247.62M | $251.60M | $240.41M | $284.49M | $198.38M | $182.00M | $272.32M | $247.63M | $229.45M | $229.44M |
| Low Forecast | $341.37M | $343.16M | $348.51M | $395.42M | $319.71M | $320.43M | $324.19M | $369.63M | $290.70M | $296.92M | $299.70M | $378.64M | $288.94M | $313.77M | $309.52M | $364.16M | $244.04M | $302.24M | $299.10M | $343.52M | $240.47M | $244.33M | $233.47M | $276.28M | $192.65M | $176.75M | $264.46M | $240.48M | $222.82M | $222.82M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 10 | 14 | 8 | 8 | 10 | 13 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 4.18% | 3.89% | 3.90% | 3.42% | 5.02% | 4.10% | - | 3.49% | 5.05% | 4.63% | 4.64% | 3.78% | 5.44% | 5.43% | 3.53% | 4.29% | 4.50% | 4.28% |
TriNet Group's average Quarter revenue forecast for Mar 24 based on 1 analysts is $378.93M, with a low forecast of $378.64M, and a high forecast of $379.52M. TNET's average Quarter revenue forecast represents a -69.56% decrease compared to the company's last Quarter revenue of $1.25B (Dec 23).
TriNet Group 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 10 | 14 | 8 | 8 | 10 | 13 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $19.00M | $154.00M | $123.00M | $219.00M | $88.00M | $160.00M | - | $229.00M | $114.00M | $128.00M | $151.00M | $162.00M | $51.00M | $68.00M | $200.00M | $140.00M | $84.00M | $87.00M |
| Avg Forecast | $39.53M | $39.74M | $40.36M | $45.79M | $37.03M | $37.11M | $37.54M | $42.81M | $33.67M | $34.55M | $34.71M | $209.51M | $34.48M | $36.36M | $35.85M | $190.46M | $28.26M | $115.15M | $34.61M | $173.15M | $80.61M | $104.68M | $117.21M | $117.14M | $35.03M | $91.80M | $101.63M | $69.38M | $84.00M | $87.00M |
| High Forecast | $39.60M | $39.80M | $40.42M | $45.86M | $37.08M | $37.17M | $37.60M | $42.87M | $33.72M | $34.73M | $34.76M | $251.41M | $36.27M | $36.40M | $35.90M | $228.55M | $28.31M | $138.18M | $34.61M | $207.78M | $96.73M | $125.62M | $140.65M | $140.57M | $42.04M | $110.16M | $121.96M | $83.26M | $100.80M | $104.40M |
| Low Forecast | $39.50M | $39.71M | $40.33M | $45.76M | $37.00M | $37.08M | $37.52M | $42.77M | $33.64M | $34.36M | $34.68M | $167.61M | $33.44M | $36.31M | $35.82M | $152.37M | $28.24M | $92.12M | $34.61M | $138.52M | $64.48M | $83.74M | $93.77M | $93.71M | $28.02M | $73.44M | $81.31M | $55.51M | $67.20M | $69.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.55% | 4.24% | 3.43% | 1.15% | 3.11% | 1.39% | - | 1.32% | 1.41% | 1.22% | 1.29% | 1.38% | 1.46% | 0.74% | 1.97% | 2.02% | 1.00% | 1.00% |
1 analysts predict TNET's average Quarter EBITDA for Mar 24 to be $209.51M, with a high of $251.41M and a low of $167.61M. This is 1002.67% upper than TriNet Group's previous annual EBITDA (Dec 23) of $19.00M.
TriNet Group 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 10 | 14 | 8 | 8 | 10 | 13 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $67.00M | $94.00M | $83.00M | $131.00M | $49.00M | $77.00M | - | $146.00M | $69.00M | $77.00M | $91.00M | $101.00M | $22.00M | $33.00M | $126.00M | $91.00M | $48.00M | $55.00M |
| Avg Forecast | $65.65M | $81.06M | $101.53M | $136.73M | $62.64M | $74.29M | $86.71M | $123.51M | $59.57M | $67.04M | $65.36M | $133.57M | $60.83M | $70.94M | $68.71M | $121.43M | $15.50M | $69.27M | $58.77M | $110.39M | $48.79M | $62.97M | $70.64M | $73.03M | $15.11M | $44.55M | $64.03M | $45.10M | $48.00M | $55.00M |
| High Forecast | $65.79M | $81.22M | $101.74M | $137.00M | $62.76M | $74.44M | $86.89M | $123.76M | $59.69M | $70.06M | $65.49M | $160.29M | $68.05M | $75.54M | $68.85M | $145.72M | $15.53M | $83.12M | $58.77M | $132.47M | $58.55M | $75.57M | $84.77M | $87.64M | $18.13M | $53.46M | $76.83M | $54.12M | $57.60M | $66.00M |
| Low Forecast | $65.59M | $80.98M | $101.43M | $136.59M | $62.57M | $74.22M | $86.63M | $123.38M | $59.51M | $64.01M | $65.29M | $106.86M | $56.71M | $67.88M | $68.64M | $97.14M | $15.49M | $55.41M | $58.77M | $88.31M | $39.03M | $50.38M | $56.51M | $58.42M | $12.09M | $35.64M | $51.22M | $36.08M | $38.40M | $44.00M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | 1.32% | 1.21% | 1.08% | 3.16% | 1.11% | - | 1.32% | 1.41% | 1.22% | 1.29% | 1.38% | 1.46% | 0.74% | 1.97% | 2.02% | 1.00% | 1.00% |
TriNet Group's average Quarter net income forecast for Mar 24 is $133.57M, with a range of $106.86M to $160.29M. TNET's average Quarter net income forecast represents a 99.36% increase compared to the company's last Quarter net income of $67.00M (Dec 23).
TriNet Group 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 10 | 14 | 8 | 8 | 10 | 13 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $128.00M | $126.00M | $130.00M | $112.00M | $139.00M | $135.00M | - | $92.00M | $103.00M | $108.00M | $85.00M | $82.00M | $96.00M | $83.00M | $80.00M | $79.00M | $83.00M | $74.00M |
| Avg Forecast | $30.85M | $31.01M | $31.50M | $35.73M | $28.89M | $28.96M | $29.30M | $33.40M | $26.27M | $26.96M | $27.08M | $84.17M | $26.90M | $28.37M | $27.97M | $76.52M | $22.05M | $97.16M | $27.01M | $69.56M | $72.83M | $88.32M | $65.98M | $59.29M | $65.94M | $112.05M | $40.65M | $39.15M | $83.00M | $74.00M |
| High Forecast | $30.90M | $31.06M | $31.54M | $35.79M | $28.94M | $29.00M | $29.34M | $33.46M | $26.31M | $27.10M | $27.13M | $101.00M | $28.30M | $28.40M | $28.01M | $91.82M | $22.09M | $116.59M | $27.01M | $83.47M | $87.39M | $105.99M | $79.18M | $71.15M | $79.13M | $134.46M | $48.78M | $46.98M | $99.60M | $88.80M |
| Low Forecast | $30.83M | $30.99M | $31.47M | $35.71M | $28.87M | $28.93M | $29.27M | $33.38M | $26.25M | $26.81M | $27.06M | $67.34M | $26.09M | $28.33M | $27.95M | $61.21M | $22.04M | $77.72M | $27.01M | $55.65M | $58.26M | $70.66M | $52.78M | $47.43M | $52.75M | $89.64M | $32.52M | $31.32M | $66.40M | $59.20M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 4.76% | 4.44% | 4.65% | 1.46% | 6.30% | 1.39% | - | 1.32% | 1.41% | 1.22% | 1.29% | 1.38% | 1.46% | 0.74% | 1.97% | 2.02% | 1.00% | 1.00% |
TriNet Group's average Quarter SG&A projection for Mar 24 is $84.17M, based on 1 Wall Street analysts, with a range of $67.34M to $101.00M. The forecast indicates a -34.24% fall compared to TNET last annual SG&A of $128.00M (Dec 23).
TriNet Group 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 10 | 14 | 8 | 8 | 10 | 13 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.18 | $1.65 | $1.38 | $2.18 | $0.79 | $1.23 | - | $2.23 | $1.05 | $1.17 | $1.38 | $1.53 | $0.33 | $0.49 | $1.88 | $1.32 | $0.69 | $0.80 |
| Avg Forecast | $1.29 | $1.59 | $1.99 | $2.68 | $1.23 | $1.46 | $1.70 | $2.42 | $1.17 | $1.31 | $1.28 | $2.40 | $1.19 | $1.39 | $1.35 | $2.00 | $0.30 | $1.02 | $1.15 | $2.05 | $0.54 | $0.79 | $0.81 | $1.30 | $0.26 | $0.16 | $1.08 | $0.91 | $0.84 | $0.81 |
| High Forecast | $1.29 | $1.59 | $1.99 | $2.69 | $1.23 | $1.46 | $1.70 | $2.43 | $1.17 | $1.37 | $1.28 | $2.41 | $1.33 | $1.48 | $1.35 | $2.01 | $0.30 | $1.02 | $1.15 | $2.08 | $0.55 | $0.80 | $0.83 | $1.32 | $0.26 | $0.16 | $1.10 | $0.92 | $0.86 | $0.82 |
| Low Forecast | $1.29 | $1.59 | $1.99 | $2.68 | $1.23 | $1.46 | $1.70 | $2.42 | $1.17 | $1.26 | $1.28 | $2.40 | $1.11 | $1.33 | $1.35 | $2.00 | $0.30 | $1.02 | $1.15 | $2.01 | $0.53 | $0.77 | $0.80 | $1.27 | $0.25 | $0.16 | $1.06 | $0.89 | $0.82 | $0.79 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.19% | 1.02% | 1.09% | 2.60% | 1.20% | - | 1.09% | 1.93% | 1.48% | 1.70% | 1.18% | 1.29% | 3.06% | 1.73% | 1.46% | 0.82% | 0.99% |
According to 1 Wall Street analysts, TriNet Group's projected average Quarter EPS for Mar 24 is $2.40, with a low estimate of $2.40 and a high estimate of $2.41. This represents a 103.48% increase compared to TNET previous annual EPS of $1.18 (Dec 23).
TriNet Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HSON | Hudson Global | $16.25 | $42.50 | 161.54% | Buy |
| TNET | TriNet Group | $97.85 | $140.00 | 43.08% | Buy |
| MAN | ManpowerGroup | $71.46 | $93.43 | 30.74% | Buy |
| KFRC | Kforce | $62.40 | $71.00 | 13.78% | Hold |
| KELYA | Kelly Services | $21.14 | $24.00 | 13.53% | - |
| KFY | Korn Ferry | $71.92 | $75.75 | 5.33% | Buy |
| HSII | Heidrick & Struggles | $37.50 | $38.50 | 2.67% | Hold |
TNET Forecast FAQ
Is TriNet Group a good buy?
Yes, according to 7 Wall Street analysts, TriNet Group (TNET) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 71.43% of TNET's total ratings.
What is TNET's price target?
TriNet Group (TNET) average price target is $140 with a range of $140 to $140, implying a 43.08% from its last price of $97.85. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will TriNet Group stock go up soon?
According to Wall Street analysts' prediction for TNET stock, the company can go up by 43.08% (from the last price of $97.85 to the average price target of $140), up by 43.08% based on the highest stock price target, and up by 43.08% based on the lowest stock price target.
Can TriNet Group stock reach $150?
TNET's average twelve months analyst stock price target of $140 does not support the claim that TriNet Group can reach $150 in the near future.
What is TriNet Group's current price target trend?
1 Wall Street analyst forecast a $140 price target for TriNet Group (TNET) this month, up 43.08% from its last price of $97.85. Compared to the last 3 and 12 months, the average price target increased by 43.08% and increased by 43.08%, respectively.
What are TriNet Group's analysts' financial forecasts?
TriNet Group's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.34B (high $1.34B, low $1.33B), average EBITDA is $154.48M (high $154.72M, low $154.36M), average net income is $347.15M (high $347.85M, low $346.8M), average SG&A $120.55M (high $120.74M, low $120.46M), and average EPS is $6.81 (high $6.82, low $6.8). TNET's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.43B (high $1.43B, low $1.43B), average EBITDA is $165.43M (high $165.69M, low $165.3M), average net income is $384.97M (high $385.75M, low $384.58M), average SG&A $129.09M (high $129.29M, low $128.99M), and average EPS is $7.55 (high $7.56, low $7.54).
Did the TNET's actual financial results beat the analysts' financial forecasts?
Based on TriNet Group's last annual report (Dec 2023), the company's revenue was $4.92B, beating the average analysts forecast of $1.29B by 282.64%. Apple's EBITDA was $533M, beating the average prediction of $297.14M by 79.38%. The company's net income was $375M, beating the average estimation of $321.92M by 16.49%. Apple's SG&A was $496M, beating the average forecast of $159.76M by 210.46%. Lastly, the company's EPS was $6.58, beating the average prediction of $5.94 by 10.86%. In terms of the last quarterly report (Dec 2023), TriNet Group's revenue was $1.24B, beating the average analysts' forecast of $297.93M by 317.89%. The company's EBITDA was $19M, missing the average prediction of $34.48M by -44.89%. TriNet Group's net income was $67M, beating the average estimation of $60.83M by 10.14%. The company's SG&A was $128M, beating the average forecast of $26.9M by 375.79%. Lastly, the company's EPS was $1.18, missing the average prediction of $1.19 by -1.07%