TTTTIndustrials · Building Products & Equipment

TT Stock Forecast: Trane Technologies plc Price Predictions for 2026-2027

Last close, 17 Sept 2026
$423
+0.39% on the day

The 24 Wall Street analysts covering Trane Technologies plc hold a median 12-month price target of $532 — +25.7% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 71 of 100 as at 17 Sept 2026 — in the upper half. Here, the model and the Street point the same way.

Market cap
$92.8B
Ticker Nerd rank
71 / 100
Median analyst target
$532
Analysts covering
24
Revenue$6.4B+10.6% y/y
Operating income$1.2B
Net income$935.3M
Free cash flow$1.0B
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−3.8%
1M
−10.7%
YTD
+9.5%
1Y
+6.9%
From 52W high
−15.7%
From 52W low
+13.3%
$374
$502
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

TT stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Trane Technologies plc on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 17 Sept 2026
71 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Revisions
96
Quality
96
Issuance
74
Volatility
68
Momentum
55
Value
49
Accruals
43
Growth
38
Size
3

Revisions (96): Analysts have, on balance, been raising their forecasts.

Growth (38): Sales and profits are flat, shrinking, or growing more slowly than they were.

Size (3): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

TT stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on TT, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$400$450$500$550$600Oct 25Jan 26Apr 26Jul 26TTHigh $575Median $532Low $422

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says24 analysts
13 Buy11 Hold0 Sell
Low $422Median $532High $575

The green dot is the last close — the median target sits +25.7% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 2 moved their price target up and 2 moved it down.

DateFirmActionRatingTarget
14 Aug 2026BernsteinMaintainsOutperform$555$575
31 July 2026CitigroupMaintainsBuy
31 July 2026CitigroupMaintainsBuy$570$566
31 July 2026RBC CapitalMaintainsSector Perform$501$496
31 July 2026RBC CapitalMaintainsSector Perform
14 May 2026JP MorganMaintainsNeutral$460$476
14 May 2026JP MorganMaintainsNeutral
1 May 2026BarclaysMaintainsOverweight
1 May 2026CitigroupMaintainsBuy
1 May 2026Evercore ISI GroupMaintainsOutperform
1 May 2026KeybancMaintainsOverweight
1 May 2026RBC CapitalMaintainsSector Perform
21 Apr 2026KeybancMaintainsOverweight
14 Apr 2026BNP ParibasInitiatesOutperform
13 Apr 2026Evercore ISI GroupInitiatesOutperform
30 Jan 2026BarclaysMaintainsOverweight
30 Jan 2026CitigroupMaintainsBuy
30 Jan 2026JP MorganMaintainsNeutral
30 Jan 2026OppenheimerMaintainsOutperform
30 Jan 2026RBC CapitalMaintainsSector Perform

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. TT appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

TT vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 17 Sept 2026, Trane Technologies plc returned +6.9% against +17.0% for the S&P 500, dividends included.

TT vs S&P 500, last 12 monthsTotal return, rebased to 100
90100110120130Oct 25Jan 26Apr 26Jul 26TTS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

TT analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+2.5%
Analysts raising
1
Analysts cutting
0
Fundamentals

Trane Technologies plc (TT) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
31.4×

Cheaper than 24% of US stocks

Price / sales
4.2×

Cheaper than 29% of US stocks

Price / book
10.8×

Cheaper than 9% of US stocks

EV / EBITDA
22.3×

Cheaper than 13% of US stocks

Growth & margins
Revenue growth (YoY)
10.6%

Higher than 54% of US stocks

Earnings growth (YoY)
5.8%

Higher than 42% of US stocks

Gross margin
35.6%

Higher than 43% of US stocks

Operating margin
19.3%

Higher than 78% of US stocks

Net margin
13.3%

Higher than 75% of US stocks

Returns & dividend
Return on equity
36.6%

Higher than 90% of US stocks

Return on assets
11.0%

Higher than 93% of US stocks

Dividend yield
1.0%

Higher than 22% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Trane Technologies plc (TT) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Trane Technologies plc has a market value of $92.8B and an enterprise value of $96.1B.

  • Revenue in the twelve months to 30 June 2026: $22.2B. The latest quarter grew 10.6% year on year.

  • Net income over the same four quarters: $3.0B, a 13.4% net margin.

  • Diluted earnings per share, trailing twelve months: $13.20.

  • Free cash flow in the twelve months to 30 June 2026: $3.5B, after $330.3M of capital spending.

  • Trane Technologies plc spent $1.4B on share buybacks and $880.5M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 221.1M.

  • Trailing P/E: 31.4×; forward P/E: 24.0× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 1.00%, paying out 30% of earnings.

  • Trane Technologies plc employs 44,000 people $505K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 17 Sept 2026

Data provided by Twelve Data

Peers

TT vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelBuilding Products & Equipment
CompanyMarket capTKN rank
TTTrane Technologies plc$92.8B
71
JCIJohnson Controls International Plc$86.2B
93
CARRCarrier Global Corp.$44.8B
47
MASMasco Corp.$13.5B
70
CSLCarlisle Cos., Inc.$13.1B
61
LIILennox International, Inc.$12.6B
32
MAIRMadison Air Solutions Corp.$11.9B
2

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Trane Technologies plc — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest TT news & analysis

Trane Technologies (TT) Suffers a Larger Drop Than the General Market: Key Insights

Zacks Investment Research · 14 Sept 2026negative

Trane Technologies (TT) shares closed at $426.01 in the most recent trading session, a decline of -3.73% from the prior day. This drop was larger than the loss experienced by the general market over the same period.

Why it matters — TT watchers would care because the stock underperformed the broader market, signaling a notably weak trading day for the company.

Here's Why You Should Add Trane Technologies Stock to Your Portfolio

Zacks Investment Research · 11 Sept 2026positive

Zacks Investment Research reports that Trane Technologies has a strong order backlog, robust HVAC demand, and rising earnings estimates, which the firm says highlight the company's growth prospects and financial flexibility.

Why it matters — A TT watcher would care because these fundamentals point to the company's ongoing growth momentum and financial health.

Trane Technologies (TT) is a Top-Ranked Growth Stock: Should You Buy?

Zacks Investment Research · 8 Sept 2026positive

Zacks Investment Research identified Trane Technologies (TT) as a top-ranked growth stock, referencing its Style Scores feature within the Zacks Premium service that helps investors identify strong stocks across value, growth, and momentum categories.

Why it matters — The recognition signals that TT is being highlighted for strong growth characteristics within Zacks' stock-rating framework, which could inform how investors evaluate the company.

Trane Technologies to Present at the Morgan Stanley Laguna Conference

Business Wire · 3 Sept 2026neutral

Trane Technologies announced that company leadership will participate in a fireside chat at the Morgan Stanley Laguna Conference on Tuesday, September 15, 2026, at 10:45 a.m. PST. The event will be livestreamed on the company's website, with an archive available for 30 days afterward.

Why it matters — A Trane Technologies watcher would care because the fireside chat provides an opportunity to hear directly from company leadership about the business during a well-known investor conference.

FAQ

Frequently asked questions about TT stock

What is the TT stock price forecast for 2026-2027?

The 24 Wall Street analysts covering Trane Technologies plc have a median 12-month price target of $532, with estimates ranging from $422 to $575. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is TT stock a buy right now?

Of the 24 analysts covering Trane Technologies plc, 13 rate it a Buy, 11 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Trane Technologies plc 71 out of 100 across roughly 4,600 US stocks as at 17 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank TT?

As at 17 Sept 2026, Trane Technologies plc ranks 71 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (96 of 100).

Will TT stock go up?

No one can know that. What the data says: the median 12-month target from 24 analysts implies +25.7% from the last close, and Ticker Nerd's factor model ranks Trane Technologies plc 71 out of 100 as at 17 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the TT stock forecast for 2030?

No analyst covering Trane Technologies plc publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for TT are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $422 to $575 over the next 12 months.

How has TT stock performed over the past year?

Trane Technologies plc returned +6.9% over the 12 months to 17 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Trane Technologies plc do?

Trane Technologies plc is a global climate and building solutions company that designs, manufactures, sells, and services heating, ventilation, air conditioning, and refrigeration systems. The company focuses on commercial and residential HVAC equipment, building controls, energy services, and transport refrigeration solutions that support comfortable, efficient, and reliable indoor environments.

What is the latest news on TT?

The most recent item we track (Seeking Alpha, 15 Sept 2026): "Trane Technologies plc (TT) Presents at Morgan Stanley's 14th Annual Laguna Conference Transcript". Trane Technologies presented at Morgan Stanley's 14th Annual Laguna Conference. The event featured a question-and-answer session with management, the transcript of which was published by Seeking Alpha.

Company

About Trane Technologies plc.

Trane Technologies plc is a global climate and building solutions company that designs, manufactures, sells, and services heating, ventilation, air conditioning, and refrigeration systems. The company focuses on commercial and residential HVAC equipment, building controls, energy services, and transport refrigeration solutions that support comfortable, efficient, and reliable indoor environments. Its portfolio serves a wide range of end markets, including commercial buildings, homes, data centers, healthcare, education, retail, industrial operations, and cold-chain transportation. Through its Trane and Thermo King brands, Trane Technologies also provides connected services, thermal management technologies, and climate systems designed to improve energy efficiency and operational performance. Headquartered in Swords, Ireland, Trane Technologies plays a significant role in the industrial and building technology sectors by supplying critical climate-control infrastructure for facilities and fleets across global markets.

CEO Mr. David S. Regnery · 44,000 employees · Ireland · https://www.tranetechnologies.com