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

Last close, 4 Nov 2026
$411
−1.65% on the day

The 26 Wall Street analysts covering Trane Technologies Plc hold a median 12-month price target of $535 — +30.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 72 of 100 as at 4 Nov 2026 — in the upper half. Here, the model and the Street point the same way.

Market cap
$91.4B
Ticker Nerd rank
72/ 100
Median analyst target
$535
Analysts covering
26
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
−8.5%
1M
−11.5%
YTD
+6.2%
1Y
−4.5%
From 52W high
−18.3%
From 52W low
+9.8%
$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 4 Nov 2026
72/ 100

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

Quality
96
Issuance
92
Revisions
78
Volatility
69
Momentum
58
Value
55
Accruals
45
Growth
41
Size
3

Quality (96): The business earns solid, repeatable profits on what it owns.

Growth (41): 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 systematic trader with 15+ 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$600Jan 26Apr 26Jul 26Oct 26TTHigh $573Median $535Low $414

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 says26 analysts
17 Buy9 Hold0 Sell
Low $414Median $535High $573

The green dot is the last close — the median target sits +30.3% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 5 moved their price target up and 5 moved it down.

DateFirmActionRatingTarget
2 Nov 2026CitigroupMaintainsBuy$566 → $549
30 Oct 2026Evercore ISI GroupMaintainsOutperform$565 → $560
30 Oct 2026RBC CapitalMaintainsSector Perform$502 → $486
15 Oct 2026MizuhoMaintainsNeutral—
15 Oct 2026MizuhoMaintainsNeutral$475 → $485
14 Oct 2026Goldman SachsUpgradeBuy—
14 Oct 2026Goldman SachsUpgradeBuy$548 → $565
14 Oct 2026RBC CapitalMaintainsSector Perform$496 → $502
14 Oct 2026RBC CapitalMaintainsSector Perform—
9 Oct 2026JP MorganReinstatesOverweight$550
25 Sept 2026Wells FargoInitiatesOverweight—
25 Sept 2026Wells FargoInitiatesOverweight$536
14 Aug 2026BernsteinMaintainsOutperform$555 → $575
14 Aug 2026BernsteinMaintainsOutperform—
31 July 2026CitigroupMaintainsBuy$570 → $566
31 July 2026CitigroupMaintainsBuy—
31 July 2026RBC CapitalMaintainsSector Perform$501 → $496
31 July 2026RBC CapitalMaintainsSector Perform—
14 May 2026JP MorganMaintainsNeutral$460 → $476
14 May 2026JP MorganMaintainsNeutral—

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.

TT appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
  • The AI build-out map, free: every AI company we track, part by part, and one part in full with each verdict.

Free. Unsubscribe any time.

The AI build-out map
PDF

  • AI cloud capacity

    MSFTAMZNGOOGLORCL

  • AI chips

    NVDAAVGOAMDMU

  • AI networking and serversIn full

    ANETDELLLITECRDO

  • Data centre power

    VRTCEGGEVVST

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 4 Nov 2026, Trane Technologies Plc returned −4.5% against +14.8% for the S&P 500, dividends included.

TT vs S&P 500, last 12 monthsTotal return, rebased to 100
859095100105110115120Jan 26Apr 26Jul 26Oct 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 movingThis fiscal year
EPS revision, 90 days
+0.1%
Analysts raising
1
Analysts cutting
3
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
29.0×

Cheaper than 26% of US stocks

Price / sales
3.9×

Cheaper than 30% of US stocks

Price / book
10.0×

Cheaper than 9% of US stocks

EV / EBITDA
20.9×

Cheaper than 14% of US stocks

Growth & margins
Revenue growth (YoY)
17.7%

Higher than 66% of US stocks

Earnings growth (YoY)
23.7%

Higher than 62% of US stocks

Gross margin
35.6%

Higher than 43% of US stocks

Operating margin
19.9%

Higher than 79% of US stocks

Net margin
13.6%

Higher than 76% of US stocks

Returns & dividend
Return on equity
36.9%

Higher than 90% of US stocks

Return on assets
11.4%

Higher than 94% of US stocks

Dividend yield
1.0%

Higher than 71% 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 $91.4B and an enterprise value of $94.4B.

  • Revenue in the twelve months to 30 June 2026: $22.2B. The latest quarter grew 17.7% 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: 29.0×; forward P/E: 23.6× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 1.01%, paying out 28% 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 5 Nov 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$91.4B72
JCIJohnson Controls International Plc$85.1B91
CARRCarrier Global Corp.$45.9B56
MASMasco Corp.$17.1B83
CSLCarlisle Cos., Inc.$15.4B66
LIILennox International, Inc.$12.6B29
MAIRMadison Air Solutions Corp.$11.8B1

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: The AI Cooling Boom Is Real

Seeking Alpha · 4 Nov 2026neutral

Seeking Alpha says Trane Technologies is positioned to benefit from AI-driven data center cooling demand, with acquisitions and partnerships expanding its push toward full thermal management systems. The article notes robust backlog and double-digit revenue growth, alongside margin compression from upfront investments and inflation.

Why it matters — TT watchers may weigh its opportunity to capture more revenue per installed megawatt against concerns about converting growth into profit.

Trane Technologies' Strong HVAC Backlog Signals Growth in 2027

Zacks Investment Research · 4 Nov 2026positive

Zacks Investment Research reports that Trane Technologies has a robust commercial HVAC backlog, improving residential demand and an expanding services business, which it says position the company for sustained growth in 2027.

Why it matters — These business trends may be relevant to TT watchers assessing the company’s growth outlook.

Trane Technologies to Present at the Baird Global Industrial Conference

Business Wire · 4 Nov 2026neutral

Trane Technologies announced that company leadership will participate in a fireside chat at the Baird Global Industrial Conference at 9:40 AM CT on Thursday, November 12, 2026. The live webcast will be available through the company’s investor relations website, with an archive available for 30 days after the event.

Why it matters — The conference appearance gives TT watchers an opportunity to hear from company leadership through a live webcast and its subsequent archive.

Trane Technologies: Why The Growth Story Still Has Room To Run

Seeking Alpha · 3 Nov 2026positive

Seeking Alpha says Trane Technologies’ growth case is supported by a $12.5 billion commercial HVAC backlog, broad demand, and recurring service revenue from its expanding installed base. The excerpt also cites data-center cooling acquisitions and signs of recovery in transport refrigeration and residential HVAC.

Why it matters — The backlog, demand across several markets, and recurring service revenue provide TT watchers with indicators of business visibility and growth drivers.

What Trane Technologies (TT) Said on Its Q3 Earnings Call

MarketBeat · 31 Oct 2026positive

Trane Technologies reported third-quarter 2026 organic booking growth of 20%, organic revenue growth of 16%, and a 25% increase in adjusted earnings per share. The company said demand for commercial HVAC systems, services, and data-center-related equipment remained strong.

Why it matters — The results and reported demand trends provide TT watchers an update on the company's performance and key areas of demand.

FAQ

Frequently asked questions about TT stock

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

The 26 Wall Street analysts covering Trane Technologies Plc have a median 12-month price target of $535, with estimates ranging from $414 to $573. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is TT stock a buy right now?

Of the 26 analysts covering Trane Technologies Plc, 17 rate it a Buy, 9 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Trane Technologies Plc 72 out of 100 across roughly 4,600 US stocks as at 4 Nov 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank TT?

As at 4 Nov 2026, Trane Technologies Plc ranks 72 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 Quality (96 of 100).

Will TT stock go up?

No one can know that. What the data says: the median 12-month target from 26 analysts implies +30.3% from the last close, and Ticker Nerd's factor model ranks Trane Technologies Plc 72 out of 100 as at 4 Nov 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: $414 to $573 over the next 12 months.

How has TT stock performed over the past year?

Trane Technologies Plc returned -4.5% over the 12 months to 4 Nov 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, 4 Nov 2026): "Trane Technologies: The AI Cooling Boom Is Real". Seeking Alpha says Trane Technologies is positioned to benefit from AI-driven data center cooling demand, with acquisitions and partnerships expanding its push toward full thermal management systems. The article notes robust backlog and double-digit revenue growth, alongside margin compression from upfront investments and inflation.

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