Mizuho raises Trane Technologies stock target to USD 485

Published on 10/16/2026 at 09:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Trane Technologies stock costs EUR 407.85 on October 16, 2026. Earnings are scheduled for October 29, 2026 after USD 6.35 billion Q2 revenue.

Analyst target and reporting date

Mizuho raised its Trane Technologies target from USD 475.00 to USD 485.00 on October 15, 2026.
Second-quarter 2026 revenue reached USD 6.35 billion, while adjusted earnings per share came to USD 4.31.
Trane Technologies stock was trading at EUR 407.85 at 9:08 a.m. CEST at Lang & Schwarz on October 16, 2026.

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Trane Technologies (ISIN IE00BK9ZQ967) was trading at EUR 407.85 at Lang & Schwarz on October 16, 2026 at 9:08 a.m. CEST. Mizuho raised its price target from USD 475.00 to USD 485.00 on October 15, 2026, as reported by CNN. The target revision gives the stock a fresh analyst reference point before the next earnings release.

Target rises before results

The latest analyst move followed an earlier Goldman Sachs upgrade. On October 14, 2026, Goldman Sachs analyst Joe Ritchie raised Trane Technologies to Buy from Neutral and lifted the target from USD 548.00 to USD 565.00, according to Markets Insider.

The operating backdrop remains quantified by the second quarter. MarketBeat reported revenue of USD 6.35 billion for the quarter ended June 30, 2026, up 10.60 percent from USD 5.75 billion a year earlier. Adjusted earnings per share were USD 4.31, compared with USD 3.88 in the prior-year quarter, while full-year adjusted earnings-per-share guidance stood at USD 15.20 to USD 15.30.

Three dates show the sequence

On July 30, 2026, Trane Technologies reported second-quarter revenue of USD 6.35 billion and adjusted earnings per share of USD 4.31, according to MarketBeat. On October 14, 2026, Goldman Sachs moved its rating to Buy with a USD 565.00 target. On October 15, 2026, Mizuho raised its target to USD 485.00.

What dates matter next?

Trane Technologies will discuss third-quarter 2026 results on October 29, 2026, at 10:00 a.m. ET, according to the company's investor release. The company said its earnings release and presentation would be issued before the call. A separate Yahoo Finance report identified December 4, 2026 as the record date for the USD 1.05 quarterly dividend payable on December 31, 2026.

Stock enters the earnings window

The next catalyst is therefore the third-quarter update, where revenue growth, adjusted earnings per share and the USD 15.20 to USD 15.30 full-year guidance range will provide the clearest test of the current analyst optimism. The stock's euro indication remains the immediate market reference for investors in Germany.

Price and company details

Trane Technologies was trading at EUR 407.85 at Lang & Schwarz on October 16, 2026 at 9:08 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Trane Technologies stock.