TT Price Prediction Next Week
Analysis and Prediction for Trane Technologies (TT) Stock
Technical Analysis:
- Current Price: $344.76 (as of 2025-03-07).
- RSI (6, 12, 14): 42.19, 40.26, 40.07 respectively, indicating oversold conditions.
- Stochastic Oscillator: StochK (28.24) and StochD (26.63) are in oversold territory, suggesting a potential reversal.
- MACD: -7.32 with a signal line of -7.02, indicating bearish momentum.
- Moving Averages: Below the 50-day ($372.04) and 200-day ($364.62) MAs, signaling a downtrend.
- Fibonacci Levels: Pivot at $346.57, with resistance at $355.96 (R1) and support at $337.17 (S1).
Fundamental Analysis:
- Q4 2024 Results: Revenue of $4.9 billion, exceeding estimates, with adjusted EPS of $2.61.
- 2025 Guidance: Projecting 6.5%-7.5% revenue growth and EPS of $12.70-$12.90.
- Analyst Consensus: "Moderate Buy" rating with a mean price target of $426.39.
News Sentiment:
- Recent declines despite strong earnings, but improving market conditions and analyst optimism.
Prediction:
- Price Target: $355 for the next trading week.
- Recommendation: Buy, as the stock is near support levels with positive fundamentals.
TT Similar Chart Price Prediction
The price of TT is predicted to go up 15.23%, based on the high correlation periods with AP. The similarity of these two price pattern on the periods is 95.64%.
TT
AP
Up: 15.23%Similarity: 95.64%
TT Revenue Forecast
TT EPS Forecast
TT FAQs
What is TT revenue forecast for next quarter？
What is TT eps forecast for next quarter？
TT VS S&P500
Trane should benefit from secular trends in global urbanization and increased demand for energy-efficient building solutions.
With a company mission to address climate change and energy-efficiency challenges with its products and services, Trane has become a popular ESG play.
Trane generates significant aftermarket and replacement sales on its large installed base, which helps damp cyclicality.
TT Analyst's Forecast
Julian Mitchell
Barclays
Buy
2025-03-10
Price Target
$500 → $475
Upside
+40.38%
Barclays lowered the firm's price target on Trane to $475 from $500 and keeps an Overweight rating on the shares. The firm reduced price targets on a number of short cycle industrial and industrial capex related names, but says it "may be too late to pivot to a purely defensive posture." Barclays sees growing downside risk relating to sales from higher policy uncertainty and ongoing high interest rates, as well as to margin outlooks from tariffs and falling lead times for much of the multi-industry sector.
Stephen Tusa
JP Morgan
Hold
2025-01-15
Price Target
$390 → $387
Upside
+0.38%
Andrew Kaplowitz
Citigroup
Strong Buy
2025-01-13
Price Target
$478 → $476
Upside
+26.27%
