Thermon Group Holdings Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Thermon Group Holdings stock has a target of 54, which predicts an increase of 15.02% from the current stock price of 46.95.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$54	$54	$54	$54
Change	+15.02%	+15.02%	+15.02%	+15.02%

* Price targets were last updated on Feb 3, 2026.

Analyst Ratings

The average analyst rating for Thermon Group Holdings stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brian Drab William Blair	William Blair	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Feb 25, 2026
Chip Moore Roth Capital	Roth Capital	Strong Buy Maintains $38 → $54	Strong Buy	Maintains	$38 → $54	+15.02%	Feb 3, 2026
Chip Moore Roth MKM	Roth MKM	Strong Buy Maintains $36 → $38	Strong Buy	Maintains	$36 → $38	-19.06%	May 30, 2024
Chip Moore Roth MKM	Roth MKM	Strong Buy Initiates $36	Strong Buy	Initiates	$36	-23.32%	Mar 6, 2024
Scott Graham Rosenblatt	Rosenblatt	Strong Buy Maintains $25 → $26	Strong Buy	Maintains	$25 → $26	-44.62%	Aug 9, 2021

More Analyst Ratings

Financial Forecast

Revenue This Year

528.50M

from 498.21M

6.08%

from 498.21M

Revenue Next Year

559.97M

from 528.50M

5.95%

from 528.50M

EPS This Year

2.14

from 1.57

36.51%

from 1.57

EPS Next Year

2.28

from 2.14

6.50%

from 2.14

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	276.18M	355.67M	440.59M	494.63M	498.21M	528.50M	559.97M
Revenue Growth	-27.98%	28.78%	23.88%	12.27%	0.72%	6.08%	5.95%
EPS	0.03	0.60	1.00	1.51	1.57	2.14	2.28
EPS Growth	-92.65%	2,166.97%	66.67%	51.00%	3.97%	36.51%	6.50%
Forward PE	-	-	-	-	-	21.91	20.57
No. Analysts	-	-	-	-	-	6	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	551.2M	586.7M
Avg	528.5M	560.0M
Low	511.6M	539.1M

Revenue Growth

Revenue Growth	2026	2027
High	10.6%	11.0%
Avg	6.1%	6.0%
Low	2.7%	2.0%

EPS Forecast

EPS	2026	2027
High	2.27	2.47
Avg	2.14	2.28
Low	2.02	2.10

EPS Growth

EPS Growth	2026	2027
High	44.5%	15.1%
Avg	36.5%	6.5%
Low	28.6%	-2.1%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.