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NYSE: ETN
Eaton Corp plc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for ETN

Based on 12 analysts offering 12 month price targets for Eaton Corp plc.
Min Forecast
$140.00-17.56%
Avg Forecast
$169.83+0%
Max Forecast
$186.00+9.52%

Should I buy or sell ETN stock?

Based on 12 analysts offering ratings for Eaton Corp plc.
Strong Buy
Strong Buy
7 analysts 58.33%
Buy
2 analysts 16.67%
Hold
3 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

ETN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Oppenheimer
Top 13%
88
BuyMaintains$185.00+8.93%2021-11-04
Anonymous
Morgan Stanley
Strong BuyMaintains$190.00+11.88%2021-11-03
Credit Suisse
Top 2%
99
BuyMaintains$184.00+8.34%2021-11-03
RBC Capital
Top 22%
79
HoldMaintains$153.00-9.91%2021-11-03
Barclays
Top 11%
90
HoldMaintains$170.00+0.10%2021-11-03
Wells Fargo
Bottom 12%
12
HoldMaintains$173.00+1.87%2021-11-03
Morgan Stanley
Top 7%
94
Strong BuyMaintains$175.00+3.04%2021-10-07
UBS
Top 15%
86
Strong BuyMaintains$186.00+9.52%2021-08-11
Argus Research
Top 15%
86
Strong BuyMaintains$185.00+8.93%2021-08-10
Deutsche Bank
Top 20%
81
Strong BuyMaintains$169.00-0.49%2021-07-14

1 of 2

Forecast return on equity

Is ETN forecast to generate an efficient return?
Company
N/A
Industry
22.37%
Market
37.06%

Forecast return on assets

Is ETN forecast to generate an efficient return on assets?
Company
N/A
Industry
7.95%

ETN earnings per share forecast

What is ETN's earnings per share in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$6.80+31.02%
Avg 2 year Forecast
$7.45+43.55%
Avg 3 year Forecast
$8.06+55.3%
ETN's earnings are forecast to grow at a rate of 15.85% per year, which is not exceptional
Forecast

ETN revenue forecast

What is ETN's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$19.8B+1.27%
Avg 2 year Forecast
$20.3B+3.92%
Avg 3 year Forecast
$21.2B+8.65%
ETN's revenue is forecast to grow at a rate of 2.66% per year, which is not exceptional
Forecast

ETN earnings growth forecast

How is ETN forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
15.85%
Industry
9.8%
Market
14.37%
ETN's earnings are forecast to grow faster (15.85% per year) than the US Specialty Industrial Machinery industry average (9.8%)
Forecast
ETN's earnings are forecast to grow faster (15.85% per year) than the US market average (14.37%)
Forecast
ETN's earnings are forecast to grow faster (15.85% per year) than the risk-free savings rate (1.4%)
Forecast

ETN revenue growth forecast

How is ETN forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
2.66%
Industry
5.67%
Market
10.03%
ETN's revenues are forecast to grow slower (2.66% per year) than the US Specialty Industrial Machinery industry average (5.67%)
Forecast
ETN's revenues are forecast to grow slower (2.66% per year) than the US market average (10.03%)
Forecast

Eaton Corp Stock Forecast FAQ

Is Eaton Corp Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NYSE: ETN) stock is to Strong Buy ETN stock.

Out of 12 analysts, 7 (58.33%) are recommending ETN as a Strong Buy, 2 (16.67%) are recommending ETN as a Buy, 3 (25%) are recommending ETN as a Hold, 0 (0%) are recommending ETN as a Sell, and 0 (0%) are recommending ETN as a Strong Sell.

What is ETN's earnings growth forecast for 2021-2023?

(NYSE: ETN) Eaton Corp's forecast annual earnings growth rate of 15.85% is forecast to beat the US Specialty Industrial Machinery industry's average forecast earnings growth rate of 9.8%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Eaton Corp's earnings in 2021 is $2,068,000,000.On average, 8 Wall Street analysts forecast ETN's earnings for 2021 to be $2,710,480,000, with the lowest ETN earnings forecast at $2,610,830,000, and the highest ETN earnings forecast at $2,742,368,000. On average, 8 Wall Street analysts forecast ETN's earnings for 2022 to be $2,969,570,000, with the lowest ETN earnings forecast at $2,798,172,000, and the highest ETN earnings forecast at $3,049,290,000.

In 2023, ETN is forecast to generate $3,212,716,000 in earnings, with the lowest earnings forecast at $3,029,360,000 and the highest earnings forecast at $3,427,960,000.

What is ETN's revenue growth forecast for 2021-2023?

(NYSE: ETN) Eaton Corp's forecast annual revenue growth rate of 2.66% is not forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 5.67%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Eaton Corp's revenue in 2021 is $19,517,000,000.On average, 7 Wall Street analysts forecast ETN's revenue for 2021 to be $7,877,899,309,200, with the lowest ETN revenue forecast at $7,853,005,942,000, and the highest ETN revenue forecast at $7,898,577,880,000. On average, 7 Wall Street analysts forecast ETN's revenue for 2022 to be $8,084,575,800,800, with the lowest ETN revenue forecast at $7,950,686,858,000, and the highest ETN revenue forecast at $8,447,011,620,000.

In 2023, ETN is forecast to generate $8,452,064,273,600 in revenue, with the lowest revenue forecast at $8,269,893,710,000 and the highest revenue forecast at $8,575,879,000,000.

What is ETN's forecast return on assets (ROA) for 2021-2024?

(NYSE: ETN) forecast ROA is N/A, which is lower than the forecast US Specialty Industrial Machinery industry average of 7.95%.

What is ETN's Price Target?

According to 12 Wall Street analysts that have issued a 1 year ETN price target, the average ETN price target is $169.83, with the highest ETN stock price forecast at $186.00 and the lowest ETN stock price forecast at $140.00.

On average, Wall Street analysts predict that Eaton Corp's share price could stay at $169.83 by Nov 4, 2022. The average Eaton Corp stock price prediction forecasts a potential downside of N/A from the current ETN share price of $169.83.

What is ETN's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: ETN) Eaton Corp's current Earnings Per Share (EPS) is $5.19. On average, analysts forecast that ETN's EPS will be $6.80 for 2021, with the lowest EPS forecast at $6.55, and the highest EPS forecast at $6.88. On average, analysts forecast that ETN's EPS will be $7.45 for 2022, with the lowest EPS forecast at $7.02, and the highest EPS forecast at $7.65. In 2023, ETN's EPS is forecast to hit $8.06 (min: $7.60, max: $8.60).

What is ETN's forecast return on equity (ROE) for 2021-2024?

(NYSE: ETN) forecast ROE is N/A, which is considered weak.
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