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NYSE: TT
Trane Technologies PLC Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for TT

Based on 8 analysts offering 12 month price targets for Trane Technologies PLC.
Min Forecast
$206.00-30.19%
Avg Forecast
$273.13-7.44%
Max Forecast
$355.00+20.3%

Should I buy or sell TT stock?

Based on 8 analysts offering ratings for Trane Technologies PLC.
Hold
Strong Buy
2 analysts 25%
Buy
0 analysts 0%
Hold
5 analysts 62.5%
Sell
0 analysts 0%
Strong Sell
1 analysts 12.5%

Be the first to know when Wall Street analysts revise their TT stock forecasts and price targets.

TT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-08
lockedlocked$00.00+00.00%2024-04-02
lockedlocked$00.00+00.00%2024-02-06
lockedlocked$00.00+00.00%2024-02-05
lockedlocked$00.00+00.00%2024-02-02
Wells Fargo
Top 18%
83
Strong SellMaintains$246.00-16.64%2023-12-19
JP Morgan
Top 17%
84
HoldMaintains$206.00-30.19%2023-11-03
Baird
Top 19%
82
HoldMaintains$240.00-18.67%2023-11-02

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Forecast return on equity

Is TT forecast to generate an efficient return?
Company
N/A
Industry
0.32%
Market
19.68%

Forecast return on assets

Is TT forecast to generate an efficient return on assets?
Company
N/A
Industry
0.14%

TT revenue forecast

What is TT's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$18.9B+7.11%
Avg 2 year Forecast
$20.2B+14.38%
Avg 3 year Forecast
$22.4B+26.48%
TT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

TT earnings growth forecast

How is TT forecast to perform vs Building Products & Equipment companies and vs the US market?
Company
-1.59%
Industry
24.46%
Market
28.56%
TT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
TT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
TT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

TT revenue growth forecast

How is TT forecast to perform vs Building Products & Equipment companies and vs the US market?
Company
7.63%
Industry
6.96%
Market
9.3%
TT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

TT vs Building Product & Equipment Stocks

TickerPricePrice TargetUp/downsideConsensus
TT$295.09$273.13-7.44%Hold
CARR$55.14$64.20+16.43%Buy
JCI$65.17$62.00-4.86%Hold
BLDR$187.24$200.64+7.15%Buy
CSL$379.33$435.50+14.81%Strong Buy
View Top Building Product & Equipment Stocks

Trane Technologies Stock Forecast FAQ

Is Trane Technologies Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: TT) stock is to Hold TT stock.

Out of 8 analysts, 2 (25%) are recommending TT as a Strong Buy, 0 (0%) are recommending TT as a Buy, 5 (62.5%) are recommending TT as a Hold, 0 (0%) are recommending TT as a Sell, and 1 (12.5%) are recommending TT as a Strong Sell.

If you're new to stock investing, here's how to buy Trane Technologies stock.

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

(NYSE: TT) Trane Technologies's forecast annual revenue growth rate of 7.63% is forecast to beat the US Building Products & Equipment industry's average forecast revenue growth rate of 6.96%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.3%.

Trane Technologies's revenue in 2024 is $17,677,600,000.On average, 5 Wall Street analysts forecast TT's revenue for 2024 to be $4,299,681,591,396, with the lowest TT revenue forecast at $4,277,691,008,935, and the highest TT revenue forecast at $4,312,101,533,760. On average, 5 Wall Street analysts forecast TT's revenue for 2025 to be $4,591,476,211,403, with the lowest TT revenue forecast at $4,473,152,508,632, and the highest TT revenue forecast at $4,732,639,292,608.

In 2026, TT is forecast to generate $5,077,160,764,244 in revenue, with the lowest revenue forecast at $4,917,646,614,184 and the highest revenue forecast at $5,305,077,015,701.

What is TT's forecast return on assets (ROA) for 2024-2026?

(NYSE: TT) forecast ROA is N/A, which is lower than the forecast US Building Products & Equipment industry average of 0.14%.

What is TT's Price Target?

According to 8 Wall Street analysts that have issued a 1 year TT price target, the average TT price target is $273.13, with the highest TT stock price forecast at $355.00 and the lowest TT stock price forecast at $206.00.

On average, Wall Street analysts predict that Trane Technologies's share price could fall to $273.13 by Apr 8, 2025. The average Trane Technologies stock price prediction forecasts a potential downside of 7.44% from the current TT share price of $295.09.

What is TT's forecast return on equity (ROE) for 2024-2026?

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