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Gates Industrial (GTES): analyst forecast and price target

$25.83 −1.94% close 16.10.26 · market cap $6.9B · Industrials · Industrial - Machinery
Price targets and ratings of

Analyst consensus

Moderate Buy

5 Buy3 Hold0 Sell

Ratings of 8 analysts in the last 3 months

12-month forecast

$33.12+28.2% upside

Based on 8 price targets given in the last 3 months, the average target is $33.12, the highest $39.00, the lowest $29.00. The average is +28.2% from the last price of $25.83.

$20.00$30.00$40.00Jan 26AprJulOctJan 27AprJulOctHigh$39.00Average$33.12Low$29.00
Highest target $39.00 Average target $33.12 Lowest target $29.00
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Jeff Reive★★★★★★★★★★#11117 · hits 29% · avg −10.7% RBC Capital $34.00 Buy +31.6% Reiterated 13.10.26on TipRanks Oct 14 21:45 −1.0%next day +0.7%
Jerry Revich★★★★★★★★★★#1145 · hits 58% · avg +9.0% Wells Fargo $30.00 Hold +16.1% Reiterated 08.10.26on TipRanks Oct 9 08:00 −2.0%next day −0.9% · 5 days −1.2%
Chris Dankert★★★★★★★★★★#791 · hits 71% · avg +16.4% D.A. Davidson $29.00 Hold +12.3% Initiated 01.09.26on TipRanks Aug 31 16:20 −2.4%next day 0.0% · 5 days +6.0%
Tomohiko Sano★★★★★★★★★★#9517 · hits 48% · avg −0.6% J.P. Morgan $34.00 Buy +31.6% Reiterated 21.08.26on TipRanks 09:35 −0.4%next day +0.8% · 5 days −0.6%
Christopher Snyder★★★★★★★★★★#992 · hits 60% · avg +13.9% Morgan Stanley $28.00 → $30.00+7.1% Hold +16.1% Assigned 10.08.26on TipRanks 08:20 +0.6%next day +0.5% · 5 days −0.9%
Andrew Kaplowitz★★★★★★★★★★#53 · hits 70% · avg +25.8% Citi $33.00 → $35.00+6.1% Buy +35.5% Reiterated 03.08.26on TipRanks 06:40 +3.6%next day −0.2% · 5 days −5.4%
Michael Halloran★★★★★★★★★★#728 · hits 59% · avg +10.2% Robert W. Baird $37.00 → $39.00+5.4% Buy +51.0% Reiterated 03.08.26on TipRanks 06:35 +3.6%next day −0.2% · 5 days −5.4%
Jeffrey Hammond★★★★★★★★★★#332 · hits 64% · avg +14.9% KeyBanc $31.00 → $34.00+9.7% Buy +31.6% Reiterated 03.08.26on TipRanks 04:35 +3.6%next day −0.2% · 5 days −5.4%
Deane Dray★★★★★★★★★★#448 · hits 63% · avg +12.5% RBC Capital $33.00 → $34.00+3.0% Buy +31.6% Reiterated 02.08.26on TipRanks Aug 3 07:15 +3.6%next day −0.2% · 5 days −5.4%
Nigel Coe★★★★★★★★★★#1780 · hits 55% · avg +7.8% Wolfe Research $32.00 → $33.00+3.1% Buy +27.8% Reiterated 09.07.26on TipRanks 11:51 +0.4%next day +0.8% · 5 days +3.7%
Julian Mitchell★★★★★★★★★★#198 · hits 66% · avg +17.4% Barclays $28.00 Buy +8.4% Reiterated 11.06.26on TipRanks 05:15 +4.3%next day +0.6% · 5 days +3.2%
Damian Karas★★★★★★★★★★#1698 · hits 67% · avg +11.5% UBS $28.00 → $33.00+17.9% Buy +27.8% Reiterated 13.02.26on TipRanks 09:35 +1.5%next day −2.4% · 5 days −0.9%

Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst

Best analysts covering Gates Industrial

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Damian Karas★★★★★★★★★★UBS · #1698
Hits 67%79 of 118 Average return +11.5%
1 year Damian Karas★★★★★★★★★★UBS · #1698
Hits 67%79 of 118 Average return +11.5%
2 years Andrew Kaplowitz★★★★★★★★★★Citi · #53
Hits 70%349 of 499 Average return +25.8%

Most profitable

3 months Damian Karas★★★★★★★★★★UBS · #1698
Hits 67%79 of 118 Average return +11.5%
1 year Damian Karas★★★★★★★★★★UBS · #1698
Hits 67%79 of 118 Average return +11.5%
2 years Andrew Kaplowitz★★★★★★★★★★Citi · #53
Hits 70%349 of 499 Average return +25.8%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 09.10.26: target $33.12 at a price of $26.74 (+23.9%); now: $33.12 at $25.83 (+28.2%).

$25.00$27.50$30.00$32.50Sep 15Oct 1Oct 15Top analysts$32.83Average target$33.12Price$25.83

PriceAverage targetTop analysts’ target

Recommendation trend

051015184Oct 25183Nov1113Dec102Jan 26151Feb142Mar123Apr194May183Jun181Jul102Aug93Sep74Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy111000
Buy9881097
Hold431234
Sell000000

Earnings and sales forecast

Next report: 30.10.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $0.44 (from $0.43 to $0.46). Last quarter: $0.67.

Sales

Next quarter’s sales estimate — $905M (from $900M to $919M). Last quarter: $942M.

Best top-analyst consensus in the sector · Industrials

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About Gates Industrial
  • CEO: Ivo Jurek
  • Employees: 13,000
  • 1144 Fifteenth Street, Denver, CO, 80202, US
  • www.gates.com

Gates Industrial Corporation plc operates worldwide, specializing in the engineering, manufacturing, and sale of sophisticated power transmission and fluid power systems. The company is organized into two main operational units: Power Transmission and Fluid Power. The Power Transmission segment delivers a wide array of belts, including V-belts, CVT belts, and Micro-V belts, whether synchronous or asynchronous, along with essential associated components like sprockets, pulleys, water pumps, and tensioners. These solutions are integral to various platforms, from stationary and mobile drive systems to engine components, personal mobility, and vertical lifting mechanisms. This division also provides metal drive parts and complete kits for the automotive aftermarket. Through its Fluid Power segment, Gates offers comprehensive hydraulic solutions, which encompass hoses, tubing, fittings, and pre-assembled units. These products are crucial for stationary and mobile hydraulic systems, engine applications, and a broad spectrum of other industrial uses. Gates' engineered products, all marketed under the Gates brand, cater to a diverse range of industries. These include construction, agriculture, energy, automotive, transportation, recreational vehicles, consumer products, and various industrial applications such as automated manufacturing and logistics systems. The company supplies both original equipment manufacturers and customers in the replacement parts channel. Established in 1911, Gates Industrial Corporation plc maintains its headquarters in Denver, Colorado.

Data from the stock’s TipRanks forecast page, read 56 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗