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 51.66% upside from TNET’s last price of $92.31) 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 51.66% upside from TNET's last price of $92.31.
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% | 51.66% |
| Sep 11, 2023 | Kyle Peterson | Needham | $135.00 | $113.31 | 19.14% | 46.25% |
| Jul 27, 2023 | Kyle Peterson | Needham | $120.00 | $101.00 | 18.81% | 30.00% |
| May 12, 2023 | Kyle Peterson | Needham | $115.00 | $91.66 | 25.47% | 24.58% |
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 51.66% increase from TNET last price ($92.31).
TriNet Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $140.00 | $140.00 |
| Last Closing Price | $92.31 | $92.31 | $92.31 |
| Upside/Downside | -100.00% | 51.66% | 51.66% |
In the current month, the average price target of TriNet Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to TriNet Group's last price of $92.31. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 28, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Oct 22, 2024 | J.P. Morgan | Underperform | Underperform | Hold |
| Oct 22, 2024 | Needham | Buy | Buy | Hold |
| 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 | Seaport Global | - | Neutral | Initialise |
| Aug 07, 2023 | Craig-Hallum | - | Buy | Initialise |
| Aug 07, 2023 | EF Hutton | - | Buy | Initialise |
TriNet Group's last stock rating was published by Cowen & Co. on Oct 28, 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 | Jun 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 | $1.20B | $1.22B | $1.23B | $1.15B | $1.10B | $1.06B | $1.06B | $975.00M | $948.00M | $1.05B | $1.02B | $969.00M |
| Avg Forecast | $364.47M | $334.40M | $329.11M | $312.06M | $293.18M | $300.88M | $301.18M | $317.80M | $225.33M | $298.48M | $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 | $376.07M | $345.04M | $339.59M | $321.99M | $302.51M | $310.46M | $310.77M | $327.91M | $230.60M | $298.48M | $299.93M | $378.93M | $313.44M | $314.54M | $319.62M | $376.04M | $252.00M | $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 |
| Low Forecast | $352.47M | $323.38M | $318.27M | $301.78M | $283.53M | $290.97M | $291.26M | $307.33M | $219.87M | $298.48M | $299.93M | $378.93M | $288.94M | $313.77M | $299.56M | $352.43M | $236.19M | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 2 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 7 | 6 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 4.18% | 3.89% | 3.90% | 3.42% | 5.02% | 4.10% | 4.01% | 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 $378.93M, and a high forecast of $378.93M. 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 | Jun 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 | 4 | 2 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 7 | 6 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $19.00M | $154.00M | $123.00M | $219.00M | $88.00M | $160.00M | $149.00M | $229.00M | $114.00M | $128.00M | $151.00M | $162.00M | $51.00M | $68.00M | $200.00M | $140.00M | $84.00M | $87.00M |
| Avg Forecast | $42.08M | $38.61M | $38.00M | $36.03M | $33.85M | $34.74M | $34.78M | $36.69M | $26.02M | $34.46M | $34.63M | $209.51M | $34.40M | $36.28M | $35.77M | $190.46M | $88.67M | $35.00M | $34.61M | $173.15M | $28.25M | $28.70M | $27.43M | $117.14M | $22.63M | $20.76M | $31.07M | $69.38M | $26.18M | $26.17M |
| High Forecast | $43.42M | $39.84M | $39.21M | $37.18M | $34.93M | $35.85M | $35.88M | $37.86M | $26.63M | $34.46M | $34.63M | $251.41M | $36.19M | $36.32M | $36.90M | $228.55M | $106.40M | $35.00M | $34.61M | $207.78M | $28.25M | $28.70M | $27.43M | $140.57M | $22.63M | $20.76M | $31.07M | $83.26M | $26.18M | $26.17M |
| Low Forecast | $40.70M | $37.34M | $36.75M | $34.84M | $32.74M | $33.60M | $33.63M | $35.48M | $25.39M | $34.46M | $34.63M | $167.61M | $33.36M | $36.23M | $34.59M | $152.37M | $70.93M | $35.00M | $34.61M | $138.52M | $28.25M | $28.70M | $27.43M | $93.71M | $22.63M | $20.76M | $31.07M | $55.51M | $26.18M | $26.17M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.55% | 4.24% | 3.44% | 1.15% | 0.99% | 4.57% | 4.30% | 1.32% | 4.04% | 4.46% | 5.51% | 1.38% | 2.25% | 3.28% | 6.44% | 2.02% | 3.21% | 3.32% |
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 | Jun 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 | 4 | 2 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 7 | 6 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $67.00M | $94.00M | $83.00M | $131.00M | $49.00M | $77.00M | $85.00M | $146.00M | $69.00M | $77.00M | $91.00M | $101.00M | $22.00M | $33.00M | $126.00M | $91.00M | $48.00M | $55.00M |
| Avg Forecast | $52.74M | $87.54M | $97.58M | $104.64M | $42.44M | $63.57M | $71.43M | $100.25M | $12.32M | $65.75M | $64.07M | $133.57M | $59.64M | $69.55M | $67.37M | $121.43M | $53.67M | $52.07M | $58.77M | $110.39M | $27.77M | $40.29M | $41.44M | $73.03M | $13.06M | $8.16M | $55.28M | $45.10M | $42.84M | $41.21M |
| High Forecast | $54.92M | $91.16M | $101.62M | $108.97M | $44.19M | $66.20M | $74.38M | $104.40M | $18.75M | $65.80M | $65.61M | $160.29M | $66.71M | $74.06M | $70.15M | $145.72M | $64.40M | $52.07M | $58.83M | $132.47M | $27.77M | $40.29M | $41.44M | $87.64M | $13.06M | $8.16M | $55.28M | $54.12M | $42.84M | $41.21M |
| Low Forecast | $50.48M | $83.79M | $93.40M | $100.16M | $40.62M | $60.85M | $68.37M | $95.95M | $8.04M | $65.70M | $62.53M | $106.86M | $55.59M | $66.55M | $64.48M | $97.14M | $42.93M | $52.07M | $58.72M | $88.31M | $27.77M | $40.29M | $41.44M | $58.42M | $13.06M | $8.16M | $55.28M | $36.08M | $42.84M | $41.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 1.35% | 1.23% | 1.08% | 0.91% | 1.48% | 1.45% | 1.32% | 2.48% | 1.91% | 2.20% | 1.38% | 1.69% | 4.04% | 2.28% | 2.02% | 1.12% | 1.33% |
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 | Jun 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 | 4 | 2 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 7 | 6 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $128.00M | $126.00M | $130.00M | $112.00M | $139.00M | $135.00M | $117.00M | $92.00M | $103.00M | $108.00M | $85.00M | $82.00M | $96.00M | $83.00M | $80.00M | $79.00M | $83.00M | $74.00M |
| Avg Forecast | $32.91M | $30.20M | $29.72M | $28.18M | $26.47M | $27.17M | $27.20M | $28.70M | $20.35M | $26.95M | $27.08M | $84.17M | $26.90M | $28.37M | $27.97M | $76.52M | $80.11M | $27.31M | $27.01M | $69.56M | $22.04M | $22.40M | $21.40M | $59.29M | $17.66M | $16.20M | $24.24M | $39.15M | $20.43M | $20.42M |
| High Forecast | $33.96M | $31.16M | $30.66M | $29.08M | $27.32M | $28.03M | $28.06M | $29.61M | $20.82M | $26.95M | $27.08M | $101.00M | $28.30M | $28.40M | $28.86M | $91.82M | $96.13M | $27.31M | $27.01M | $83.47M | $22.04M | $22.40M | $21.40M | $71.15M | $17.66M | $16.20M | $24.24M | $46.98M | $20.43M | $20.42M |
| Low Forecast | $31.83M | $29.20M | $28.74M | $27.25M | $25.60M | $26.27M | $26.30M | $27.75M | $19.85M | $26.95M | $27.08M | $67.34M | $26.09M | $28.33M | $27.05M | $61.21M | $64.09M | $27.31M | $27.01M | $55.65M | $22.04M | $22.40M | $21.40M | $47.43M | $17.66M | $16.20M | $24.24M | $31.32M | $20.43M | $20.42M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 4.76% | 4.44% | 4.65% | 1.46% | 1.74% | 4.94% | 4.33% | 1.32% | 4.67% | 4.82% | 3.97% | 1.38% | 5.44% | 5.12% | 3.30% | 2.02% | 4.06% | 3.62% |
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 | Jun 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 | 4 | 2 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 7 | 6 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.18 | $1.65 | $1.38 | $2.18 | $0.79 | $1.23 | $1.36 | $2.23 | $1.05 | $1.17 | $1.38 | $1.53 | $0.33 | $0.49 | $1.88 | $1.32 | $0.69 | $0.80 |
| Avg Forecast | $1.05 | $1.75 | $1.95 | $2.09 | $0.85 | $1.27 | $1.43 | $2.00 | $0.25 | $1.32 | $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 | $1.10 | $1.82 | $2.03 | $2.18 | $0.88 | $1.32 | $1.49 | $2.09 | $0.38 | $1.32 | $1.31 | $2.43 | $1.33 | $1.48 | $1.40 | $2.09 | $0.32 | $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 |
| Low Forecast | $1.01 | $1.68 | $1.87 | $2.00 | $0.81 | $1.22 | $1.37 | $1.92 | $0.16 | $1.31 | $1.25 | $2.37 | $1.11 | $1.33 | $1.29 | $1.92 | $0.29 | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.19% | 1.02% | 1.09% | 2.60% | 1.20% | 1.18% | 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 $2.37 and a high estimate of $2.43. 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 | $14.24 | $42.50 | 198.46% | Buy |
| KELYA | Kelly Services | $13.92 | $24.00 | 72.41% | - |
| TNET | TriNet Group | $92.31 | $140.00 | 51.66% | Buy |
| MAN | ManpowerGroup | $60.80 | $88.57 | 45.67% | Buy |
| KFRC | Kforce | $58.52 | $71.00 | 21.33% | Hold |
| KFY | Korn Ferry | $76.98 | $75.75 | -1.60% | Buy |
| HSII | Heidrick & Struggles | $46.59 | $42.00 | -9.85% | Hold |