NYSE: TT

Trane Technologies (TT) Stock Analysis & Forecast

Nov 4 close

$410.48−6.96 (−1.7%)

Gekko Brief

AI summaryNov 4 close

Trane Technologies' third-quarter 2026 results, reported 29 October, drew heavy coverage this week, with enterprise organic bookings up 20%, organic revenue up 16% and adjusted EPS growth of 25%, aided by Applied Solutions revenue growth of over 60% and a backlog reaching $12.5 billion. Commentary this week has framed the company around AI-driven data center cooling demand and a strong commercial HVAC backlog supporting growth into 2027, alongside continued analyst attention, including a "Moderate Buy" consensus cited by one outlet and a presentation scheduled at the Baird Global Industrial Conference on 12 November. Despite the results beating the $4.73 estimate with $4.86 actual EPS, the last earnings reaction was -8.6%.

Shares closed at $410.48, down 1.7%, and sit below both the 50-day average of $448.11 and the 200-day average of $455.26, with the 50-day below the 200-day. The GekkoIndex reads 69, placing TT in the Accumulation zone, up 7.6 over five days. The stock trades 3.3% above Gekko Fair Value of $397.29.

The next earnings date falls on 4 February 2027, outside a typical 20-trading-day window. Over the last 90 days, Congress recorded 1 buy and 0 sells, and two trailblazer holders are noted. Seasonally, the next 20 trading days have averaged +4.2% over 5 years, rising in 4 of them. Analyst coverage shows 12 buy, 3 hold and 0 sell ratings among 15 firms, with a consensus target of $518.43.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

Trane Technologies price vs fair value

$410.48$397.29Nov ’25May ’26Nov ’26
Close $410.48200-day averageGekko Fair Value $397.29

Trane Technologies quick facts

Market cap
$89.85B
P/E ratio
28.5
Forward P/E
23.5
EPS, TTM
$14.51
Revenue, TTM
$23.23B
Profit margin
13.6%
Dividend yield
1.00%
Beta
1.20
Volume
2.35M avg 1.52M
1-year return
−8.0%
Typical daily move
±4.1%
Typical 20-day move
±5%
50-day average
$448.11
200-day average
$455.26
Next earnings
Feb 4
Shares outstanding
218.9M
52-week range
$348.06$505.87

Trane Technologies swing-trade checklist

Trane Technologies scores 4 supportive, 1 mixed and 1 headwind across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive1 mixed1 headwind

  • Trendheadwind

    Below 50 and 200-day

    Close $410.48 is below the 50-day ($448.11) and 200-day ($455.26) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    69, Accumulation

    Reading 69 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuemixed

    3.3% above

    Price is within 5% of Gekko Fair Value (3.3% above).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 90 days: Congress 1 buy / 0 sales.

    See smart money
  • Earnings risksupportive

    Reports in 91 days

    Next report Feb 4, 2027, 91 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +4.2% on average

    From this point in the calendar, the next 20 trading days averaged +4.2% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Trane Technologies stock chart and price history

Trane Technologies closed at $410.48 on Nov 4, 2026, −8.0% over the past year, inside a 52-week range of $348.06 to $505.87.

Close50-day average200-day averageVolume
Trane Technologies share price, past year, with 50-day and 200-day moving averages and volume$375$400$425$450$475$500DecJan 2026FebMarAprMayJunJulAugSepOct410.48

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−13.8%
3 months
−14.2%
6 months
−15.9%
1 year
−8.0%
The full TT chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open TT in Gekko

Follow Trane Technologies through every session

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About Trane Technologies

Trane Technologies makes and services equipment used to heat, cool and ventilate buildings, as well as refrigeration systems used in moving goods. Its equipment lineup takes in units for climate control in homes and commercial spaces plus cooling systems built for trucks, trailers, rail cars and shipping containers, supported by thermostats, sensors and other controls that keep this equipment running.

Beyond selling hardware, the company handles installation work, upkeep and repairs, and runs programs aimed at cutting energy use, water use and carbon output for its customers. Its equipment and services reach a mix of settings, from apartments and offices to data centers, cold storage facilities, hospitals, and buses and trains, and it also sells replacement parts both for its own products and for other manufacturers' equipment.

Trane Technologies traces back to 1885 and operates out of Swords, Ireland. It previously carried the name Ingersoll-Rand Plc, switching to its present name in March 2020. Its stock trades on the NYSE under the ticker TT.

Listed
NYSE
Sector
Producer manufacturing
Industry
Industrial machinery
Website
tranetechnologies.com

Trane Technologies GekkoIndex: the smart money zone

Trane Technologies’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 69, in the Accumulation zone, up 7.6 points over five sessions.

010069Accumulation

Up 7.6 points over five sessions.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying19+1.8%+3.1%+4.5%−0.6%
Accumulation (current zone)209+0.5%+1.3%+3.1%+7.5%
Neutral411+0.3%+0.5%+1.1%+2.5%
Distribution53+1.1%+2.3%+2.2%+8.0%
Selling5Too few readings yet

Average TT share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.0% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the TT price, zone by zone.Track TT in Gekko

Is Trane Technologies stock overvalued? Gekko Fair Value

Trane Technologies trades 3.3% above Gekko Fair Value of $397.29, so the shares are about fair value on Gekko’s estimate.

Gekko’s own estimate of what Trane Technologies shares are worth, recalculated every trading day.

$397.29

Gekko Fair Value, Nov 4, 2026

3.3% above fair value · About fair value

At the end of Aug 2026 the price was 8.9% above the estimate.

Gekko Fair ValueShare price, month end
$397$417Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open TT in Gekko

Trane Technologies insider and Congress trading

No open-market insider purchases were filed for Trane Technologies, and members of Congress disclosed 1 purchase and 0 sales, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for TT in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every TT insider filing, plotted on the chart in Gekko.Open TT in Gekko

Congress trades last 90 days

1trade disclosed: 1 purchase and 0 sales.

MemberTypeAmountDisclosed
Ro Khanna
House, CA, purchase
Purchase$1,001 - $15,000Sep 7
traded Aug 10

From congressional disclosures, which report amounts as ranges.

Buybacks

Trane Technologies has been buying back its own shares.

Bought back, quarter ended Sep 30, 2026
$582.1M
As a share of market cap
0.65%
Trailing four quarters
$1.57B

From company filings.

Hedge funds and billionaires quarter ended Jun 30

2of the funds Gekko tracks hold TT.

1added0opened1trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko

Trane Technologies earnings: next date and track record

Trane Technologies reports on Feb 4, 2027 (91 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±5.3%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

−0.3%Jan ’25+11.1%Apr ’25−7.0%Jul ’25+5.0%Oct ’25+6.7%Jan ’26+1.5%Apr ’26+1.8%Jul ’26−8.6%Oct ’26

Last earnings call, Oct 29, 2026 AI summary

What they said
Trane Technologies reported strong Q3 2026 results with enterprise organic bookings up 20%, organic revenue up 16%, and adjusted EPS growth of 25% (23% excluding a $0.10 tax benefit). Global applied bookings surged over 40%, driving backlog to $12.5 billion. Americas commercial HVAC led performance with Applied Solutions revenues up 60%+ and residential bookings/revenues up ~20%. Year-to-date free cash flow reached $2.8 billion, expected to exceed 100% of net earnings for full year.
Guidance
Management raised full-year revenue guidance while reaffirming EPS guidance, citing robust $12.5 billion backlog and strong pipeline. Free cash flow is now expected to exceed 100% of net earnings for the full year.
ReportedEPSSurpriseRevenueSurpriseMove
Oct 29, 2026$4.86
est $4.73
+2.7%$6.76B
est $6.50B
+3.9%−8.6%
Jul 30, 2026$4.31
est $4.27
+0.9%$6.35B
est $6.20B
+2.5%+1.8%
Apr 30, 2026$2.63
est $2.55
+3.1%$4.97B
est $4.81B
+3.2%+1.5%
Jan 29, 2026$2.86
est $2.81
+1.8%$5.14B
est $5.09B
+1.1%+6.7%
Oct 30, 2025$3.88
est $3.81
+1.8%$5.74B
est $5.77B
−0.6%+5.0%
Jul 30, 2025$3.88
est $3.79
+2.4%$5.75B
est $5.77B
−0.5%−7.0%
Apr 30, 2025$2.45
est $2.20
+11.4%$4.69B
est $4.46B
+5.0%+11.1%
Jan 30, 2025$2.61
est $2.54
+2.8%$4.87B
est $4.79B
+1.8%−0.3%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Trane Technologies stock forecast and analyst price targets

Analysts’ average 12-month price target for Trane Technologies is $518.43, +26.3% from the last close, from 15 firms rating the stock in the last 90 days.

$518.43consensus 12-month target, +26.3% from the last close
Low $465High $565
Buy12
Hold3
Sell0

Each firm’s latest rating in the last 90 days: 15 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Nov 2Robert W. BairdHold, reiterated$498+21.3%
Nov 2CitiBuy, maintained$549+33.7%
Nov 1BernsteinBuy, maintained$555+35.2%
Oct 30KeyBancBuy, reiterated$555+35.2%
Oct 30OppenheimerBuy, maintained$500+21.8%
+3.1%average 20-day move after past Accumulation readings
+4.2%average move over the next 20 trading days in the last 5 years
±4.1%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Trane Technologies seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, Trane Technologies averaged +4.2% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

+6.9%2021+5.6%2022+5.7%2023+9.4%2024−5.5%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+4.2%4 of 5
Next 10 trading days+4.0%4 of 5
Next 15 trading days+4.4%4 of 5
Next 20 trading days+4.2%4 of 5
Next 30 trading days+2.2%4 of 5

For scale, TT’s typical 20-trading-day move in either direction is about 5%.

Trane Technologies market cap and key statistics

Trane Technologies’s market cap is $89.85B, with a P/E ratio of 28.5 and revenue of $23.23B over the last twelve months.

Valuation

Market cap
$89.85B
P/E ratio
28.5
Forward P/E
23.5
EPS, TTM
$14.51
Gekko Fair Value
$397.29

Trading

Volume
2.35M
Avg volume, 20 days
1.52M
52-week high
$505.87
52-week low
$348.06
Shares outstanding
218.9M

Financials

Revenue, TTM
$23.23B
Profit margin
13.6%
Return on equity
36.9%
Quarterly earnings growth, YoY
+25.4%

Risk and income

Beta
1.20
Typical daily move
±4.1%
Typical 20-day move
±5%
Dividend yield
1.00%

Trane Technologies stock news this week

Coverage of Trane Technologies this week reads positive: 5 positive, 0 neutral and 0 negative headlines.

News sentiment positive

Trane Technologies peers

Trane Technologies’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
AMATApplied Materials−1.1%Accumulation29.1% below
LRCXLam Research−2.8%Accumulation18.2% below
PHParker-Hannifin−4.5%Accumulation2.4% below
JCIJohnson Controls International−3.7%Accumulation6.8% above
CARRCarrier Global−0.7%Neutral0.0% above
IRIngersoll Rand−1.4%Neutral16.8% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

More stocks in Industrial machinery

Trane Technologies stock FAQ

What is Trane Technologies’s market cap?

Trane Technologies’s market cap is $89.85B at the Nov 4, 2026 close of $410.48, with 218.9M shares outstanding. The shares trade on a P/E ratio of 28.5.

What is the Trane Technologies stock forecast?

The consensus analyst 12-month price target for Trane Technologies is $518.43, +26.3% from the last close. Of the 15 firms that rated the stock in the last 90 days, 12 rate it a buy, 3 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Trane Technologies stock overvalued or undervalued?

On Gekko’s estimate Trane Technologies is about fair value: the Nov 4, 2026 close of $410.48 is 3.3% above Gekko Fair Value of $397.29. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Trane Technologies report earnings next?

Trane Technologies is expected to report on Feb 4, 2027 (91 days away). Analysts expect earnings of $3.51 per share on revenue of $6.05B. Trane Technologies beat the earnings estimate in 8 of its last 8 reports, moving 5.3% on average across the report.

What is Trane Technologies’s 52-week high and low?

Trane Technologies’s 52-week high is $505.87 and its 52-week low is $348.06; it closed at $410.48 on Nov 4, 2026, −8.0% over the past year.

Is Trane Technologies stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (gekkoindex, smart money, earnings risk and seasonality), 1 as mixed (fair value) and 1 as a headwind (trend). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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