With a market cap of $32.1 billion, Ingersoll Rand Inc. (IR) is a global industrial company specializing in mission-critical air, fluid, energy, and medical technologies. Operating through its Industrial Technologies & Services and Precision & Science Technologies segments, the company delivers a broad portfolio of products and solutions across diverse industries worldwide.
Shares of the Davidson, North Carolina-based company have outperformed the broader market over the past 52 weeks. IR stock has gained 11.3% over this time frame, while the broader S&P 500 Index ($SPX) has returned 10.5%. However, shares of the company are up 6.7% on a YTD basis, lagging behind SPX’s 10.6% return.
Focusing more closely, shares of the flow control and compression equipment maker have slightly outpaced the State Street Industrial Select Sector SPDR ETF’s (XLI) nearly 11% return over the past 52 weeks.
Ingersoll Rand (IR) shares rose marginally following its Q3 2026 results on Oct. 29, as revenue increased 5.6% year-over-year to $2.06 billion and adjusted EPS climbed to $1.07, both exceeding the analyst consensus. Strong industrial demand supported a 21% increase in total orders to $2.35 billion, including 18% organic growth and Industrial Technologies and Services orders surged 25% to $1.90 billion, free cash flow nearly doubled to $623 million, and adjusted EBITDA rose 7% to $584 million with margins expanding to 28.3%.
The company also forecast 2026 revenue growth of 5.5% - 7% and adjusted EPS of $3.58 - $3.70.
For the fiscal year ending in December 2026, analysts expect Ingersoll Rand’s EPS to grow 5.3% year-over-year to $3.41. The company's earnings surprise history is promising. It topped the consensus estimates in each of the last four quarters.
Among the 13 analysts covering the stock, the consensus rating is a “Moderate Buy.” That’s based on seven “Strong Buy” ratings and six “Holds.”
This configuration is slightly less bullish than three months ago, with eight analysts suggesting a "Strong Buy."
On Nov. 2, Stifel raised its price target on Ingersoll Rand to $95, maintaining a “Buy” rating on the shares.
The mean price target of $93.92 represents a 11.1% premium to IR’s current price levels. The Street-high price target of $109 suggests a 28.9% potential upside.
On the date of publication, Sohini Mondal did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.