
TT Stock Forecast & Price Target
TT Analyst Ratings
Bulls say
Trane Technologies is experiencing significant growth in CHVAC applied equipment, with orders increasing by 60% in the second quarter of 2025 and 120% over a two-year period, indicating a strong market demand. The company's adjusted operating margin has improved by 90 basis points year-over-year to 20.3%, surpassing both internal estimates and consensus expectations, driven primarily by a 130 basis point expansion in the Americas region. Furthermore, the anticipated 8x-10x aftermarket revenue multiplier for equipment sold positions Trane Technologies favorably for future revenue growth, particularly as these revenues begin to compound after the warranty period.
Bears say
Trane Technologies has revised its outlook for the Americas Residential segment to flat year-over-year for 2025, a significant downgrade from previous estimates that anticipated high-single to high-double-digit growth. This revision aligns with broader industry trends indicating a decline in residential HVAC demand, exacerbated by shortages in critical components and high channel inventory levels. Additionally, sluggish activity in new and existing home sales continues to dampen market sentiment surrounding the residential HVAC sector, posing a challenge for Trane's future revenue growth.
This aggregate rating is based on analysts' research of Trane Technologies plc and is not a guaranteed prediction by Public.com or investment advice.
TT Analyst Forecast & Price Prediction
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