What is PH stock price target for 2026?

WallStSmart's 12-month price target for Parker-Hannifin Corporation is $820.36, representing 13.4% downside from the current price of $947.50.

What is PH stock forecast?

Parker-Hannifin Corporation forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

Parker-Hannifin Corporation

NYSE: PH · INDUSTRIALS · SPECIALTY INDUSTRIAL MACHINERY

$947.50

-1.53% today

Updated 2026-04-29

Market cap

$122.99B

P/E ratio

35.59

P/S ratio

6.01x

EPS (TTM)

$27.38

Dividend yield

0.72%

52W range

$579 – $1,035

Volume

0.7M

Market cap

$122.99B

P/E ratio

35.59

P/S ratio

6.01x

EPS (TTM)

$27.38

Dividend yield

0.72%

52W range

$579 – $1,035

Volume

0.7M

Parker-Hannifin Corporation (PH) Financial Forecast & Price Target 2030

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

Price target summary

Current

$947.50

Consensus

$992.81

+4.78%

2030 Target

$2,724.18

+187.51%

DCF

—

Current price

$947.50

Analyst consensus

$992.81

+4.78%

2030 Target

$2,724.18

+187.51%

Intrinsic (DCF)

—

22 analysts:

13 Buy4 Hold1 Sell

Management guidance

Parker-Hannifin management provided FY2026 organic sales growth guidance of 5.5%-7.5%, with the Aerospace Systems division projected to grow 11% organically in FY2026. The company reported record quarterly sales of $5.2B in fiscal Q2 2026 and is executing strategic acquisitions including Filtration Group Corporation to drive future growth.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$4,540.30

$29.1B Rev × 20x P/S

Base case (2030)

$2,724.18

$29.1B Rev × 12x P/S

Bear case (2030)

$1,816.12

$29.1B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$19.1B	$19.9B	$19.9B	$21.9B	$23.6B	$25.3B	$27.1B	$29.1B
Revenue growth	—	4.5%	-0.4%	10.4%	7.4%	7.3%	7.4%	7.2%
EPS	—	$25.39	$14.87	$31.88	$35.05	$38.60	$42.35	$46.80
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$2,088.54	$2,179.34	$2,360.96	$2,542.57	$2,724.18

Catalysts & risks

Growth catalysts

+ Filtration Group Corporation acquisition completion and integration driving margin expansion

+ Aerospace Systems segment acceleration from commercial air travel recovery and defense spending growth

+ Off-Highway market expansion and penetration in faster-growing, longer-cycle markets

+ Clean technology and automation secular tailwinds across industrial end markets

+ Operating margin expansion from $1.2B+ annual synergy targets and operational excellence programs

Key risks

- Macro cyclicality in industrial equipment spending and manufacturing activity slowdown

- Trade policy uncertainty and tariff impacts on cost structure and customer demand

- Integration execution risks on large-scale acquisitions like Filtration Group

- Elevated valuation (33.6x P/E) leaves limited margin for disappointment

- Insider selling activity and recent analyst price target reductions signaling caution

Methodology

Parker-Hannifin Corporation's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 22 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.