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Trane Technologies (TT): analyst forecast and price target

$459 +0.33% close 16.10.26 · market cap $101B · Industrials · Industrial - Machinery SPY 0.16%
Price targets and ratings of

Analyst consensus

Strong Buy

8 Buy2 Hold0 Sell

Ratings of 10 analysts in the last 3 months · top analysts only

12-month forecast

$542+18.0% upside

Based on 10 price targets given in the last 3 months, the average target is $542, the highest $566, the lowest $485. The average is +18.0% from the last price of $459.

$400$500Jan 26AprJulOctJan 27AprJulOctHigh$566Average$542Low$485
Highest target $566 Average target $542 Lowest target $485
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Brett Linzey★★★★★★★★★★#327 · hits 71% · avg +14.9% Mizuho Securities $475 → $485+2.1% Hold +5.7% Reiterated 15.10.26on TipRanks 07:35 −3.2%next day +1.4%
Varun Govindaraj★★★★★★★★★★#6981 · hits 80% · avg +2.2% Bernstein $575 Buy +25.3% Reiterated 15.10.26on TipRanks 06:50 −3.2%next day +1.4%
Joe Ritchie★★★★★★★★★★#570 · hits 63% · avg +14.3% Goldman Sachs $565 Buy +23.1% Upgrade 14.10.26on TipRanks Oct 15 06:55 −0.3%next day −3.2%
Jeff Reive★★★★★★★★★★#11117 · hits 29% · avg −10.7% RBC Capital $502 Hold +9.4% Reiterated 13.10.26on TipRanks Oct 14 21:45 +0.1%next day −0.3%
Patrick Baumann★★★★★★★★★★#5103 · hits 62% · avg +7.1% J.P. Morgan $550 Buy +19.9% Upgrade 09.10.26on TipRanks 10:15 +0.9%next day +0.2% · 5 days −1.8%
Unknown Analyst Vertical Research — Buy — Initiated 29.09.26on TipRanks Sep 30 05:50 +1.0%next day −0.6% · 5 days +2.6%
Andrew Obin★★★★★★★★★★#119 · hits 70% · avg +18.9% Bank of America Securities $550 Buy +19.9% Reiterated 29.09.26on TipRanks Sep 30 04:45 +1.0%next day −0.6% · 5 days +2.6%
Stephen Tusa★★★★★★★★★★#223 · hits 68% · avg +17.6% J.P. Morgan $536 Buy +16.8% Initiated 25.09.26on TipRanks Sep 28 01:55 +3.1%next day +0.2% · 5 days +2.3%
Christopher Snyder★★★★★★★★★★#992 · hits 60% · avg +13.9% Morgan Stanley $565 Buy +23.1% Reiterated 02.09.26on TipRanks 08:10 −0.7%next day +0.4% · 5 days +1.4%
Deane Dray★★★★★★★★★★#448 · hits 63% · avg +12.5% RBC Capital $501 → $496−1.0% Hold +8.1% Reiterated 31.07.26on TipRanks 10:00 +2.6%next day 0.0% · 5 days +2.5%
Unknown Analyst UBS $570 Buy +24.2% Reiterated 31.07.26on TipRanks 10:00 +2.6%next day 0.0% · 5 days +2.5%
Nicole Deblase★★★★★★★★★★#480 · hits 59% · avg +16.4% Deutsche Bank $523 → $515−1.5% Hold +12.2% Assigned 31.07.26on TipRanks 09:00 +2.6%next day 0.0% · 5 days +2.5%
Noah Kaye★★★★★★★★★★#202 · hits 66% · avg +18.0% Oppenheimer $530 Buy +15.5% Reiterated 31.07.26on TipRanks 08:36 +2.6%next day 0.0% · 5 days +2.5%
Andrew Kaplowitz★★★★★★★★★★#53 · hits 70% · avg +25.8% Citi $570 → $566−0.7% Buy +23.3% Reiterated 31.07.26on TipRanks 06:51 +2.6%next day 0.0% · 5 days +2.5%
Jeffrey Hammond★★★★★★★★★★#332 · hits 64% · avg +14.9% KeyBanc $555 Buy +20.9% Reiterated 31.07.26on TipRanks 05:33 +2.6%next day 0.0% · 5 days +2.5%
Alexander Virgo★★★★★★★★★★#3139 · hits 69% · avg +7.7% Evercore ISI $560 Buy +22.0% Reiterated 30.07.26on TipRanks 11:45 −3.1%next day +2.6% · 5 days +5.1%
Timothy Wojs★★★★★★★★★★#1312 · hits 55% · avg +7.6% Robert W. Baird $505 → $515+2.0% Hold +12.2% Reiterated 01.05.26on TipRanks 09:15 −1.5%next day +0.4% · 5 days −6.5%
Julian Mitchell★★★★★★★★★★#198 · hits 66% · avg +17.4% Barclays $507 → $585+15.4% Buy +27.5% Assigned 01.05.26on TipRanks 03:50 −1.5%next day +0.4% · 5 days −6.5%
Andrew Buscaglia★★★★★★★★★★#10602 · hits 49% · avg −2.3% Exane BNP Paribas $550 Buy +19.9% Initiated 14.04.26on TipRanks 06:35 −1.7%next day −2.5% · 5 days +0.4%
John Eade★★★★★★★★★★#268 · hits 66% · avg +15.0% Argus Research — Buy — Reiterated 29.01.26on TipRanks Feb 1 02:20 +8.3%next day −1.0% · 5 days +4.7%
Scott Davis★★★★★★★★★★#2371 · hits 59% · avg +7.2% Melius Research $490 Buy +6.8% Upgrade 07.01.26on TipRanks 07:25 −0.9%next day +0.5% · 5 days +2.4%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering Trane Technologies

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 John Eade★★★★★★★★★★Argus Research · #268
Hits 66%328 of 495 Average return +15.0%
1 year Andrew Kaplowitz★★★★★★★★★★Citi · #53
Hits 70%349 of 499 Average return +25.8%
2 years John Eade★★★★★★★★★★Argus Research · #268
Hits 66%328 of 495 Average return +15.0%

Most profitable

3 months Julian Mitchell★★★★★★★★★★Barclays · #198
Hits 66%331 of 499 Average return +17.4%
1 year Julian Mitchell★★★★★★★★★★Barclays · #198
Hits 66%331 of 499 Average return +17.4%
2 years John Eade★★★★★★★★★★Argus Research · #268
Hits 66%328 of 495 Average return +15.0%

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 01.10.26: target $547 at a price of $452 (+21.0%); now: $545 at $459 (+18.7%).

$450$500$550Sep 15Oct 1Oct 15Top analysts$542Average target$545Price$459

PriceAverage targetTop analysts’ target

Recommendation trend · top analysts

01020301386Oct 251086Nov1178Dec1865Jan 262166Feb1873Mar842Apr971May1071Jun1261Jul83Aug92Sep61Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000000
Buy91012896
Hold776321
Sell111000

Earnings and sales forecast

Next report: 29.10.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $4.73 (from $4.67 to $4.78). Last quarter: $4.31.

Sales

Next quarter’s sales estimate — $6.5B (from $6.4B to $6.6B). Last quarter: $6.4B.

Best top-analyst consensus in the sector · Industrials

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About Trane Technologies

Trane Technologies plc designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps; chillers; coils and condensers; auxiliary power, cold storage, and condensing units; controls contracting and commissioning, decarbonization programs, and gensets; dehumidifiers; energy and water efficiency programs; energy recovery ventilators and power solutions; energy storage; furnaces; home automation; humidifiers; HVAC performance-monitoring products; and indoor air quality assessments and related products for HVAC and transport solutions. The company also provides asset management, building management, bus air purification, bus and rail HVAC, container refrigeration, control, ductless, geothermal, data center and multi-pipe HVAC, package heating and cooling, rail refrigeration, residential air filtration, self and vehicle powered truck refrigeration, temporary heating and cooling, truck refrigeration, unitary, variable refrigerant flow, and trailer refrigeration systems. In addition, it offers industrial process refrigeration, installation contracting, lighting retrofit, medical grade refrigeration, refrigerant reclamation, renewable energy and storage, residential hybrid heating, telematics, thermostats/controls and associated digital, ventilation, and stationary cold storage solutions; packaged rooftop units; rate chambers; residential air filters; thermal energy storage; transport heater products; temperature freezers; energy infrastructure programs and management, repair and maintenance, smart and AI-enabled, and rental services; water source heat pumps; and aftermarket and OEM parts and supplies. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. The company was founded in 1885 and is headquartered in Swords, Ireland.

Data from the stock’s TipRanks forecast page, read 3 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗