Emerson Electric has reportedly raised its profit and revenue forecasts ahead of its latest earnings announcement. The outlook suggests that firm orders for AI-enabled automation, LNG and power projects will contribute to future revenue.
Emerson Electric raised its profit and revenue forecasts ahead of its earnings announcement on 4 November 2026. As a result, firm orders in areas including AI-enabled automation, LNG and power projects are expected to be reflected in results over the next several quarters.
The analyst consensus assumes that revenue will grow at an annual rate of approximately 5.6% over the next 3 years and that the profit margin will rise from the current 13.8% to 17.2% around 2029. 2029 revenue is forecast at approximately US$21.9 billion and profit at approximately US$3.8 billion, implying a P/E of approximately 33.4x. The stock is currently priced at US$155.10, while the target price is US$173.68, with a wide gap between the most optimistic and most conservative targets.
Some analysts have cited headwinds from software contract renewals, while others suggest that future revenue could be limited to approximately US$21.5 billion and profit to approximately US$3.7 billion. One of the 3 fair value estimates indicates downside of as much as 49% from the current price.