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NYSE: IR
Ingersoll Rand Inc Stock Forecast, Predictions & Price Target

Analyst price target for IR

Based on 8 analysts offering 12 month price targets for Ingersoll Rand Inc.
Min Forecast
$89.00-3.78%
Avg Forecast
$98.75+6.76%
Max Forecast
$112.00+21.08%

Should I buy or sell IR stock?

Based on 8 analysts offering ratings for Ingersoll Rand Inc.
Strong Buy
Strong Buy
6 analysts 75%
Buy
0 analysts 0%
Hold
2 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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IR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-08Find Out Why
lockedlocked$00.00+00.00%2024-04-02Find Out Why
lockedlocked$00.00+00.00%2024-03-26
lockedlocked$00.00+00.00%2024-03-12
lockedlocked$00.00+00.00%2024-02-21
Wells Fargo
Top 18%
83
Strong BuyMaintains$100.00+8.11%2024-02-20Find out why
Evercore ISI Group
Top 16%
85
HoldDowngrades$89.00-3.78%2024-02-20
HoldMaintains$85.00-8.11%2024-02-16
Strong BuyMaintains$93.00+0.54%2024-01-29

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Forecast return on equity

Is IR forecast to generate an efficient return?
Company
N/A
Industry
8.74%
Market
35.42%

Forecast return on assets

Is IR forecast to generate an efficient return on assets?
Company
N/A
Industry
1.59%

IR revenue forecast

What is IR's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$7.3B+5.69%
Avg 2 year Forecast
$7.6B+10.99%
Avg 3 year Forecast
$8.0B+16.98%
IR's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

IR earnings growth forecast

How is IR forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
9.2%
Industry
13.07%
Market
21.81%
IR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
IR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
IR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

IR revenue growth forecast

How is IR forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
5.33%
Industry
0.5%
Market
10.08%
IR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
IR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

IR vs Specialty Industrial Machinery Stocks

TickerPricePrice TargetUp/downsideConsensus
IR$92.50$98.75+6.76%Strong Buy
OTIS$93.37$96.40+3.25%Buy
AME$178.22$190.75+7.03%Strong Buy
CMI$292.34$279.63-4.35%Hold
XYL$130.67$140.13+7.24%Buy

Ingersoll Rand Stock Forecast FAQ

Is Ingersoll Rand Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: IR) stock is to Strong Buy IR stock.

Out of 8 analysts, 6 (75%) are recommending IR as a Strong Buy, 0 (0%) are recommending IR as a Buy, 2 (25%) are recommending IR as a Hold, 0 (0%) are recommending IR as a Sell, and 0 (0%) are recommending IR as a Strong Sell.

If you're new to stock investing, here's how to buy Ingersoll Rand stock.

What is IR's revenue growth forecast for 2024-2026?

(NYSE: IR) Ingersoll Rand's forecast annual revenue growth rate of 5.33% is forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 0.5%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.08%.

Ingersoll Rand's revenue in 2024 is $6,876,100,000.On average, 4 Wall Street analysts forecast IR's revenue for 2024 to be $2,931,914,136,514, with the lowest IR revenue forecast at $2,920,715,157,006, and the highest IR revenue forecast at $2,946,896,538,689. On average, 4 Wall Street analysts forecast IR's revenue for 2025 to be $3,078,807,195,832, with the lowest IR revenue forecast at $3,056,132,479,731, and the highest IR revenue forecast at $3,092,618,019,907.

In 2026, IR is forecast to generate $3,245,124,084,084 in revenue, with the lowest revenue forecast at $3,238,784,087,580 and the highest revenue forecast at $3,249,757,546,372.

What is IR's forecast return on assets (ROA) for 2024-2027?

(NYSE: IR) forecast ROA is N/A, which is lower than the forecast US Specialty Industrial Machinery industry average of 1.59%.

What is IR's Price Target?

According to 8 Wall Street analysts that have issued a 1 year IR price target, the average IR price target is $98.75, with the highest IR stock price forecast at $112.00 and the lowest IR stock price forecast at $89.00.

On average, Wall Street analysts predict that Ingersoll Rand's share price could reach $98.75 by Apr 8, 2025. The average Ingersoll Rand stock price prediction forecasts a potential upside of 6.76% from the current IR share price of $92.50.

What is IR's forecast return on equity (ROE) for 2024-2027?

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