Ingersoll Rand Inc.
IR · NYSE
Analyst ratings
buy · 7 ratings
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| June 3, 2026 | Morgan Stanley | Maintains | Equal-Weight | $80.00 |
| April 30, 2026 | Citigroup | Maintains | Buy | $109.00 |
| April 30, 2026 | Barclays | Maintains | Overweight | $95.00 |
| April 30, 2026 | Wells Fargo | Maintains | Overweight | $88.00 |
| April 14, 2026 | Stifel | Maintains | Hold | $90.00 |
| April 13, 2026 | Citigroup | Maintains | Buy | $113.00 |
| April 1, 2026 | Barclays | Maintains | Overweight | $100.00 |
| April 1, 2026 | Wells Fargo | Maintains | Overweight | $90.00 |
| February 23, 2026 | Evercore ISI Group | Maintains | In-Line | $94.00 |
| February 17, 2026 | Stifel | Maintains | Hold | $101.00 |
| February 17, 2026 | Barclays | Maintains | Overweight | $111.00 |
| February 17, 2026 | Wells Fargo | Maintains | Overweight | $110.00 |
| January 23, 2026 | Stifel | Maintains | Hold | $87.00 |
| January 12, 2026 | Citigroup | Maintains | Buy | $98.00 |
| January 7, 2026 | Wells Fargo | Maintains | Overweight | $92.00 |
| December 16, 2025 | Stifel | Maintains | Hold | $81.00 |
| December 8, 2025 | Citigroup | Maintains | Buy | $94.00 |
| November 3, 2025 | Citigroup | Maintains | Buy | $91.00 |
| November 3, 2025 | Baird | Maintains | Outperform | $100.00 |
| October 20, 2025 | Stifel | Maintains | Hold | $79.00 |
| October 6, 2025 | Wells Fargo | Maintains | Overweight | $95.00 |
Organic growth trajectory amid weak industrial demand
Management has flagged demand stabilization, and the company's resilient aftermarket services business — now at 37% of total revenue — provides a recurring, high-margin revenue buffer that partially offsets softness in new equipment orders, supporting earnings resilience even in a subdued industrial environment.
IR stock has underperformed the S&P 500 by over 32 percentage points in the past 52 weeks, as slowing equipment demand and persistently weak manufacturing activity weigh on organic growth. The market continues to discount decelerating top-line momentum over the company's profitability story.
Valuation relative to peers and earnings growth potential
The average analyst price target of approximately $92.80 implies roughly 20% upside from current levels, with one intrinsic value model placing fair value at $93.20. The company's step-change in margins, share buybacks, and growing aftermarket mix justify a premium multiple relative to machinery peers.
IR trades at 52.6x earnings versus 26.8x for the U.S. machinery industry and 35x for direct peers, well above the estimated fair ratio of 38.4x. Morgan Stanley cut its price target to $80, viewing shares as only fairly valued at current levels, highlighting meaningful downside risk if sentiment cools.
M&A strategy as a growth driver versus margin and integration risk
Ingersoll Rand's active M&A pipeline — highlighted by management's raised 2025 guidance with a $2.13B adjusted EBITDA target — demonstrates the company's ability to deploy capital accretively, expand its technology portfolio, and sustain above-average long-term earnings growth through disciplined inorganic expansion.
The company's heavy reliance on acquisitions to fuel growth, combined with exposure to shifting trade policies and tariffs, could pressure margins and introduce integration risk that disrupts the earnings trajectory underpinning premium analyst price targets and intrinsic value estimates.