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JCI

Johnson Controls International PLC

NYSE: JCI · INDUSTRIALS · BUILDING PRODUCTS & EQUIPMENT

$141.35
-0.17% today

Updated 2026-04-29

Market cap
$86.86B
P/E ratio
47.62
P/S ratio
3.62x
EPS (TTM)
$2.98
Dividend yield
1.09%
52W range
$79 – $146
Volume
3.8M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Johnson Controls International PLC (JCI) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$141.35
Consensus
$133.31
-5.69%
2030 Target
$651.55
+360.95%
DCF
—
—
14 analysts:
7 Buy7 Hold1 Sell

Management guidance

Johnson Controls raised FY2026 guidance following strong Q1 results (Feb 2026 earnings call). Company reported $18.2B record backlog with 84% systems order growth in Americas, indicating strong forward revenue visibility. CEO guidance implies FY2026 revenue of $25.4B+ with continued acceleration driven by data center thermal management demand and building automation expansion.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$1,077.06
$33.5B Rev × 20x P/S
Base case (2030)
$651.55
$33.5B Rev × 12x P/S
Bear case (2030)
$438.80
$33.5B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$22.3B$23.0B$23.6B$25.4B$27.2B$29.1B$31.2B$33.5B
Revenue growth—2.8%2.8%7.6%7.1%7.0%7.2%7.4%
EPS$3.50$3.71$0.89$4.80$5.62$6.35$7.15$8.05
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$491.99$531.88$558.47$598.37$651.55

Catalysts & risks

Growth catalysts
+ Record $18.2B backlog conversion (84% systems order growth in Americas) driving 2026-2028 revenue acceleration
+ Data center thermal management megatrend: AI/cloud infrastructure cooling demand (Alloy Enterprises acquisition Feb 2026 strengthens position)
+ Building automation & smart building retrofit TAM expansion aligned with ESG/decarbonization regulations
+ Recurring revenue model from service contracts (SaaS-like economics) provides margin stability and predictability
Key risks
- Antitrust/price-fixing lawsuit (Mar 2026) affecting HVAC sector pricing power and margin sustainability
- Supply chain disruptions impacting thermal management component availability and delivery timelines
- Commercial real estate headwinds if office retrofit demand moderates post-2027
- Valuation compression risk: current 45.2x P/E is elevated vs historical 20-25x range

Methodology

Johnson Controls International PLC's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 14 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.