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Trane (TT) Stock Forecast, Price Target & Predictions

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TT Stock Forecast

Trane stock forecast is as follows: an average price target of $264.25 (represents a -35.73% downside from TT’s last price of $411.16) and a rating consensus of 'Buy', based on 22 wall street analysts offering a 1-year stock forecast.

TT Price Target

The average price target for Trane (TT) is $264.25 based on 1-year price targets from 22 Wall Street analysts in the past 3 months, with a price target range of $425.00 to $160.00. This represents a potential -35.73% downside from TT's last price of $411.16.

TT Analyst Ratings

Buy

According to 22 Wall Street analysts, Trane's rating consensus is 'Buy'. The analyst rating breakdown for TT stock is 0 'Strong Buy' (0.00%), 12 'Buy' (54.55%), 9 'Hold' (40.91%), 1 'Sell' (4.55%), and 0 'Strong Sell' (0.00%).

Trane Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 31, 2024Wesley BrooksHSBC$405.00$375.527.85%-1.50%
Oct 16, 2024Tommy MollStephens$425.00$397.506.92%3.37%
Oct 14, 2024Timothy WojsRobert W. Baird$408.00$399.862.04%-0.77%
Sep 06, 2024Chris SnyderMorgan Stanley$425.00$342.9123.94%3.37%
Aug 01, 2024Deane DrayRBC Capital$350.00$334.284.70%-14.87%
Jun 04, 2024Julian MitchellBarclays$380.00$321.5018.20%-7.58%
May 01, 2024Tommy MollStephens$320.00$317.340.84%-22.17%
May 01, 2024Brett LinzeyMizuho Securities$325.00$312.713.93%-20.96%
May 01, 2024Deane DrayRBC Capital$330.00$313.645.21%-19.74%
May 01, 2024Julian MitchellBarclays$354.00$317.3411.55%-13.90%
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The latest Trane stock forecast, released on Oct 31, 2024 by Wesley Brooks from HSBC, set a price target of $405.00, which represents a 7.85% increase from the stock price at the time of the forecast ($375.52), and a -1.50% decrease from TT last price ($411.16).

Trane Price Target by Period

1M3M12M
# Anlaysts1410
Avg Price Target$405.00$415.75$372.20
Last Closing Price$411.16$411.16$411.16
Upside/Downside-1.50%1.12%-9.48%

In the current month, the average price target of Trane stock is $405.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -1.50% decrease as opposed to Trane's last price of $411.16. This month's average price target is down -2.59% compared to last quarter, and up 8.81% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 08, 2024CLSAHoldUnderperformDowngrade
Oct 31, 2024BarclaysOverweightOverweightHold
Oct 31, 2024HSBCBuyHoldDowngrade
Oct 28, 2024CFRA-SellDowngrade
Oct 18, 2024NomuraBuyBuyHold
Oct 18, 2024CLSAOutperformHoldDowngrade
Oct 17, 2024UBSBuyBuyHold
Oct 16, 2024StephensEqual-WeightEqual-WeightHold
Oct 16, 2024Bank of America SecuritiesBuyBuyHold
Oct 14, 2024Morgan StanleyUnderweightOverweightInitialise
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Trane's last stock rating was published by CLSA on Nov 08, 2024. The company Downgrade its TT rating from "Hold" to "Underperform".

Trane Financial Forecast

Trane 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------------$4.42B$4.88B$4.70B$3.67B$4.07B$4.37B$4.19B$3.36B$3.57B$3.72B$3.83B$3.02B$3.18B$3.50B$3.14B$2.64B$4.15B$4.34B
Avg Forecast$5.52B$6.26B$6.02B$4.82B$5.16B$5.86B$5.64B$4.45B$4.77B$5.32B$5.13B$4.00B$4.43B$4.80B$4.61B$3.64B$3.94B$4.14B$4.12B$3.15B$3.54B$3.78B$3.77B$2.86B$3.08B$3.15B$2.79B$2.72B$4.16B$4.30B
High Forecast$5.66B$6.43B$6.18B$4.94B$5.30B$6.02B$5.79B$4.59B$4.86B$5.33B$5.13B$4.00B$4.46B$4.86B$4.73B$3.74B$4.05B$4.14B$4.12B$3.15B$3.54B$3.78B$3.77B$2.86B$3.08B$3.15B$2.79B$2.72B$4.16B$4.30B
Low Forecast$5.29B$6.01B$5.78B$4.62B$4.95B$5.63B$5.41B$4.18B$4.67B$5.30B$5.13B$4.00B$4.41B$4.75B$4.42B$3.50B$3.78B$4.14B$4.12B$3.15B$3.54B$3.78B$3.77B$2.86B$3.08B$3.15B$2.79B$2.72B$4.16B$4.30B
# Analysts545443481373361788771271489151010101099
Surprise %------------1.00%1.02%1.02%1.01%1.03%1.06%1.02%1.06%1.01%0.98%1.02%1.06%1.03%1.11%1.13%0.97%1.00%1.01%

Trane's average Quarter revenue forecast for Mar 24 based on 3 analysts is $4.00B, with a low forecast of $4.00B, and a high forecast of $4.00B. TT's average Quarter revenue forecast represents a -9.66% decrease compared to the company's last Quarter revenue of $4.42B (Dec 23).

Trane 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
# Analysts545443481373361788771271489151010101099
EBITDA------------$767.80M$864.20M$885.40M$527.20M$578.30M$810.20M$709.00M$468.40M$515.70M$632.40M$721.60M$419.20M$449.60M$627.40M$457.80M$160.00M$539.50M$741.10M
Avg Forecast$855.10M$970.63M$933.84M$746.60M$800.54M$908.92M$873.76M$690.44M$738.86M$824.32M$794.99M$477.84M$686.22M$744.25M$714.86M$434.40M$627.46M$665.49M$662.72M$394.91M$569.66M$608.66M$605.92M$171.06M$494.75M$506.07M$448.76M$187.69M$669.81M$691.19M
High Forecast$877.85M$996.45M$958.68M$766.46M$821.83M$933.10M$897.00M$712.06M$752.83M$826.16M$794.99M$573.40M$690.88M$753.86M$733.88M$521.27M$752.95M$665.49M$662.72M$473.89M$569.66M$608.66M$605.92M$205.27M$494.75M$506.07M$448.76M$225.23M$669.81M$691.19M
Low Forecast$820.59M$931.45M$896.15M$716.46M$768.22M$872.23M$838.49M$648.73M$723.34M$822.49M$794.99M$382.27M$683.11M$735.99M$686.01M$347.52M$501.97M$665.49M$662.72M$315.92M$569.66M$608.66M$605.92M$136.85M$494.75M$506.07M$448.76M$150.15M$669.81M$691.19M
Surprise %------------1.12%1.16%1.24%1.21%0.92%1.22%1.07%1.19%0.91%1.04%1.19%2.45%0.91%1.24%1.02%0.85%0.81%1.07%

3 analysts predict TT's average Quarter EBITDA for Mar 24 to be $477.84M, with a high of $573.40M and a low of $382.27M. This is -37.77% lower than Trane's previous annual EBITDA (Dec 23) of $767.80M.

Trane 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
# Analysts545443481373361788771271489151010101099
Net Income------------$504.30M$626.30M$586.20M$307.10M$439.10M$547.90M$509.30M$260.20M$329.10M$405.70M$464.70M$235.20M$244.70M$400.60M$238.80M$-29.20M$296.10M$458.80M
Avg Forecast$732.05M$957.45M$937.74M$572.14M$657.03M$870.09M$852.07M$504.99M$572.93M$739.59M$703.35M$273.50M$486.29M$607.49M$583.26M$248.64M$386.67M$484.58M$480.39M$226.03M$300.33M$422.07M$433.65M$95.98M$211.35M$307.75M$171.01M$-34.25M$252.52M$338.68M
High Forecast$757.37M$990.56M$970.17M$591.93M$679.75M$900.18M$881.54M$619.16M$586.74M$743.67M$703.37M$328.20M$497.71M$630.33M$603.43M$298.36M$464.01M$484.58M$480.39M$271.24M$300.33M$422.07M$433.65M$115.17M$211.35M$307.75M$171.01M$-27.40M$252.52M$338.68M
Low Forecast$693.64M$907.21M$888.54M$542.12M$622.55M$824.44M$807.36M$428.14M$543.02M$735.51M$703.33M$218.80M$481.73M$598.35M$552.65M$198.91M$309.34M$484.58M$480.39M$180.83M$300.33M$422.07M$433.65M$76.78M$211.35M$307.75M$171.01M$-41.10M$252.52M$338.68M
Surprise %------------1.04%1.03%1.01%1.24%1.14%1.13%1.06%1.15%1.10%0.96%1.07%2.45%1.16%1.30%1.40%0.85%1.17%1.35%

Trane's average Quarter net income forecast for Mar 24 is $273.50M, with a range of $218.80M to $328.20M. TT's average Quarter net income forecast represents a -45.77% decrease compared to the company's last Quarter net income of $504.30M (Dec 23).

Trane 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
# Analysts545443481373361788771271489151010101099
SG&A------------$783.70M$793.90M$699.00M$686.70M$638.90M$693.30M$612.80M$600.80M$605.80M$620.80M$619.70M$600.00M$559.90M$567.80M$554.80M$588.10M$821.20M$785.30M
Avg Forecast$960.46M$1.09B$1.05B$838.59M$899.17M$1.02B$981.42M$775.51M$829.90M$925.89M$892.94M$631.51M$770.77M$835.95M$802.94M$574.10M$737.09M$720.49M$717.48M$521.91M$616.74M$658.95M$655.99M$244.84M$535.63M$547.89M$485.84M$689.89M$725.16M$748.31M
High Forecast$986.01M$1.12B$1.08B$860.89M$923.09M$1.05B$1.01B$799.80M$845.59M$927.95M$892.94M$757.81M$776.00M$846.75M$824.30M$688.92M$884.50M$720.49M$717.48M$626.29M$616.74M$658.95M$655.99M$293.81M$535.63M$547.89M$485.84M$827.86M$725.16M$748.31M
Low Forecast$921.69M$1.05B$1.01B$804.74M$862.88M$979.70M$941.81M$728.67M$812.46M$923.83M$892.94M$505.21M$767.28M$826.67M$770.54M$459.28M$589.67M$720.49M$717.48M$417.53M$616.74M$658.95M$655.99M$195.87M$535.63M$547.89M$485.84M$551.91M$725.16M$748.31M
Surprise %------------1.02%0.95%0.87%1.20%0.87%0.96%0.85%1.15%0.98%0.94%0.94%2.45%1.05%1.04%1.14%0.85%1.13%1.05%

Trane's average Quarter SG&A projection for Mar 24 is $631.51M, based on 3 Wall Street analysts, with a range of $505.21M to $757.81M. The forecast indicates a -19.42% fall compared to TT last annual SG&A of $783.70M (Dec 23).

Trane 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
# Analysts545443481373361788771271489151010101099
EPS------------$2.22$2.74$2.57$1.33$1.92$2.36$2.20$1.11$1.40$1.70$1.94$0.98$1.02$1.67$1.00$-0.12$1.24$1.90
Avg Forecast$3.21$4.20$4.11$2.51$2.88$3.82$3.74$2.21$2.51$3.24$3.08$1.65$2.13$2.66$2.56$1.34$1.64$2.12$2.10$0.99$1.31$1.85$1.90$0.62$0.92$1.35$0.75$0.52$1.10$1.48
High Forecast$3.32$4.34$4.26$2.60$2.98$3.95$3.87$2.72$2.57$3.26$3.08$1.69$2.18$2.76$2.65$1.38$1.70$2.12$2.10$0.99$1.31$1.85$1.90$0.62$0.92$1.35$0.75$0.52$1.10$1.48
Low Forecast$3.04$3.98$3.90$2.38$2.73$3.62$3.54$1.88$2.38$3.23$3.08$1.61$2.11$2.62$2.42$1.29$1.56$2.12$2.10$0.99$1.31$1.85$1.90$0.62$0.92$1.35$0.75$0.52$1.10$1.48
Surprise %------------1.04%1.03%1.00%1.00%1.17%1.11%1.05%1.12%1.07%0.92%1.02%1.59%1.11%1.24%1.34%-0.23%1.13%1.28%

According to 3 Wall Street analysts, Trane's projected average Quarter EPS for Mar 24 is $1.65, with a low estimate of $1.61 and a high estimate of $1.69. This represents a -25.67% decrease compared to TT previous annual EPS of $2.22 (Dec 23).

Trane Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
JELDJELD-WEN$10.21$15.6052.79%Hold
WMSAdvanced Drainage Systems$128.39$187.1745.78%Buy
FBINFortune Brands Innovations$74.90$88.9318.73%Hold
CSLCarlisle Companies$431.73$479.0010.95%Buy
MASMasco$77.01$77.831.06%Hold
BLDRBuilders FirstSource$174.83$167.93-3.95%Buy
CARRCarrier Global$74.50$66.05-11.34%Buy
JCIJohnson Controls$82.98$72.56-12.56%Buy
AZEKAZEK Company$48.22$39.29-18.52%Buy
LIILennox$625.35$418.57-33.07%Buy
TTTrane$411.16$264.25-35.73%Buy

TT Forecast FAQ

Is Trane a good buy?

Yes, according to 22 Wall Street analysts, Trane (TT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 54.55% of TT's total ratings.

What is TT's price target?

Trane (TT) average price target is $264.25 with a range of $160 to $425, implying a -35.73% from its last price of $411.16. The data is based on 22 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Trane stock go up soon?

According to Wall Street analysts' prediction for TT stock, the company can go down by -35.73% (from the last price of $411.16 to the average price target of $264.25), up by 3.37% based on the highest stock price target, and down by -61.09% based on the lowest stock price target.

Can Trane stock reach $600?

TT's average twelve months analyst stock price target of $264.25 does not support the claim that Trane can reach $600 in the near future.

What is Trane's current price target trend?

1 Wall Street analyst forecast a $405 price target for Trane (TT) this month, down -1.50% from its last price of $411.16. Compared to the last 3 and 12 months, the average price target increased by 1.12% and decreased by -9.48%, respectively.

What are Trane's analysts' financial forecasts?

Trane's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $21.11B (high $21.7B, low $20.17B), average EBITDA is $3.27B (high $3.36B, low $3.13B), average net income is $2.88B (high $3.08B, low $2.68B), average SG&A $3.68B (high $3.78B, low $3.51B), and average EPS is $12.65 (high $13.51, low $11.77). TT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $22.61B (high $23.22B, low $21.7B), average EBITDA is $3.51B (high $3.6B, low $3.36B), average net income is $3.2B (high $3.31B, low $3.03B), average SG&A $3.94B (high $4.04B, low $3.78B), and average EPS is $14.03 (high $14.52, low $13.3).

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

Based on Trane's last annual report (Dec 2023), the company's revenue was $17.68B, beating the average analysts forecast of $17.48B by 1.12%. Apple's EBITDA was $3.17B, beating the average prediction of $2.58B by 22.88%. The company's net income was $2.02B, beating the average estimation of $1.93B by 5.10%. Apple's SG&A was $2.96B, missing the average forecast of $2.98B by -0.69%. Lastly, the company's EPS was $8.91, beating the average prediction of $8.69 by 2.51%. In terms of the last quarterly report (Dec 2023), Trane's revenue was $4.42B, missing the average analysts' forecast of $4.43B by -0.04%. The company's EBITDA was $767.8M, beating the average prediction of $686.22M by 11.89%. Trane's net income was $504.3M, beating the average estimation of $486.29M by 3.70%. The company's SG&A was $783.7M, beating the average forecast of $770.77M by 1.68%. Lastly, the company's EPS was $2.22, beating the average prediction of $2.13 by 4.09%