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TriNet Group (TNET) Stock Forecast & Price Target

TriNet Group logo
$93.02 +0.71 (+0.77%)
(As of 11/22/2024 ET)

TriNet Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
1
Buy
2

Based on 4 Wall Street analysts who have issued ratings for TriNet Group in the last 12 months, the stock has a consensus rating of "Hold." Out of the 4 analysts, 1 has given a sell rating, 1 has given a hold rating, and 2 have given a buy rating for TNET.

Consensus Price Target

$117.00
25.78% Upside
According to the 4 analysts' twelve-month price targets for TriNet Group, the average price target is $117.00. The highest price target for TNET is $140.00, while the lowest price target for TNET is $103.00. The average price target represents a forecasted upside of 25.78% from the current price of $93.02.
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TNET Analyst Ratings Over Time

TypeCurrent Forecast
11/24/23 to 11/23/24
1 Month Ago
10/25/23 to 10/24/24
3 Months Ago
8/26/23 to 8/25/24
1 Year Ago
11/24/22 to 11/24/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
3 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$117.00$118.40$118.40$107.86
Forecasted Upside25.78% Upside29.20% Upside15.40% Upside-4.34% Downside
Consensus Rating
Hold
Moderate Buy
Moderate Buy
Hold

TNET Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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TNET Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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TriNet Group Stock vs. The Competition

TypeTriNet GroupBusiness Services CompaniesS&P 500
Consensus Rating Score
2.25
2.68
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside25.78% Upside346.15% Upside7.66% Upside
News Sentiment Rating
Positive News

See Recent TNET News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/20/2024TD Cowen
4 of 5 stars
 Boost TargetBuy ➝ Buy$92.00 ➝ $104.00+14.11%
10/28/2024Needham & Company LLC
2 of 5 stars
K. Peterson
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DowngradeBuy ➝ Hold$140.00 ➝ $140.00+74.32%
10/22/2024JPMorgan Chase & Co.
3 of 5 stars
 Reiterated RatingUnderweight ➝ Underweight$103.00 ➝ $103.00+12.83%
2/16/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$117.00 ➝ $121.00-3.78%
11/7/2023UBS Group
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 Initiated CoverageNeutral ➝ Neutral$110.00+5.95%
10/26/2023Wedbush
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 Reiterated RatingOutperform
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7/27/2023Credit Suisse Group
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 Reiterated RatingNeutral ➝ Neutral$87.00-9.05%
2/16/2023Cowen
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 Boost TargetMarket Perform$67.00 ➝ $74.00-7.93%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 04:57 AM ET.


TNET Forecast - Frequently Asked Questions

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for TriNet Group is $117.00, with a high forecast of $140.00 and a low forecast of $103.00.

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TriNet Group in the last year. There is currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TNET shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TNET, but not buy additional shares or sell existing shares.

According to analysts, TriNet Group's stock has a predicted upside of 25.78% based on their 12-month stock forecasts.

Over the previous 90 days, TriNet Group's stock had 1 downgrade by analysts.

TriNet Group has been rated by research analysts at JPMorgan Chase & Co., Needham & Company LLC, and TD Cowen in the past 90 days.

Analysts like TriNet Group less than other "business services" companies. The consensus rating for TriNet Group is Hold while the average consensus rating for "business services" companies is Moderate Buy. Learn more on how TNET compares to other companies.


This page (NYSE:TNET) was last updated on 11/23/2024 by MarketBeat.com Staff
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