Applied Industrial Technologies, Inc. (AIT) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Buy
Based on 15 analysts0.4% Above Target
AIT trades 0.4% above Wall Street's consensus target of $336.75.
Current Price$337.96
Average Target$336.75
Target
Current
Low$300.00
Median$333.50
High$380.00
Analyst Target Range
Forward P/E31.6x
(Growth Premium)
PEG Ratio0.42
(Undervalued)
Implied Growth+0.8%
(Low)
Analyst Spread23.8%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes AIT achieves its forward estimates and maintains a stable P/E multiple of 31.6x. This scenario reflects the blended consensus of 15 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
AIT Price Target Analysis
Updated June 22, 2026As of June 22, 2026, Applied Industrial Technologies, Inc. (AIT) has a Wall Street consensus price target of $336.75, based on estimates from 15 covering analysts. With the stock currently trading at $337.96, this represents a potential downside of -0.4%. The company has a market capitalization of $12.49B.
Analyst price targets range from a low of $300.00 to a high of $380.00, representing a 24% spread in expectations. The median target of $333.50 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 9 analysts rating the stock as a Buy or Strong Buy,6 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, AIT trades at a trailing P/E of 33.4x and forward P/E of 31.6x. The forward PEG ratio of 0.42 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow +0.8% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $371.91, with bear and bull scenarios of $234.30 and $490.03 respectively. Model confidence stands at 53/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Industrials stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+13.6%
Industry Consensus
Avg Forward P/E
35.1x
(Growth Premium)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 GWWW.W. Grainger, Inc. | $64.5B | $1365.41 | $1275.38 | -6.6% | Hold | 29.9x | 38 |
 MSMMSC Industrial Direct Co., Inc. | $6.6B | $118.51 | $111.00 | -6.3% | Hold | 27.2x | 28 |
 FASTFastenal Company | $52.7B | $45.89 | $46.14 | +0.5% | Hold | 36.9x | 31 |
 DNOWDnow Inc. | $1.6B | $13.50 | $16.50 | +22.2% | Buy | 37.9x | 16 |
 WDFCWD-40 Company | $4.5B | $227.21 | $475.00 | +109.1% | Hold | 37.9x | 7 |
 RBCRBC Bearings Incorporated | $20.2B | $639.18 | $598.00 | -6.4% | Buy | 52.5x | 26 |
 AMEAMETEK, Inc. | $54.4B | $237.42 | $250.00 | +5.3% | Buy | 29.2x | 29 |
 PHParker-Hannifin Corporation | $120.3B | $953.27 | $1047.25 | +9.9% | Buy | 30.5x | 38 |
 ROKRockwell Automation, Inc. | $53.2B | $473.79 | $475.13 | +0.3% | Hold | 36.6x | 39 |
 TTTrane Technologies plc | $107.0B | $483.40 | $525.00 | +8.6% | Hold | 32.4x | 26 |
AIT — Frequently Asked Questions
Quick answers to the most common questions about buying AIT stock.
What is the AIT stock price target for 2026?
Wall Street's consensus price target for AIT is $336.75, -0.4% from its current price of $337.96. The below-market target from 15 analysts suggests limited near-term appreciation.
Is AIT a buy, sell, or hold?
AIT has a consensus rating of "Buy" based on 15 Wall Street analysts. The rating breakdown is predominantly bullish, with 9 Buy/Strong Buy ratings. The consensus 12-month price target of $336.75 implies -0.4% downside from current levels.
Is AIT stock overvalued or undervalued?
AIT trades at a forward P/E of 31.5626x, representing a moderate valuation. With analysts targeting $336.75 (-0.4% implied move), the stock appears close to fair value.
How high can AIT stock go?
The most bullish Wall Street analyst has a price target of $380 for AIT, while the most conservative target is $300. The consensus of $336.75 represents the median expectation. Our quantitative valuation model projects a bull case target of $490 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover AIT stock?
AIT is well covered by analysts, with 15 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 9 have Buy ratings, 6 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the AIT stock forecast?
The 12-month AIT stock forecast based on 15 Wall Street analysts shows a consensus price target of $336.75, with estimates ranging from $300 (bear case) to $380 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $372, with bear/bull scenarios of $234/$490.
What is AIT's fair value based on fundamentals?
Our quantitative valuation model calculates AIT's fair value at $372 (base case), with a bear case of $234 and bull case of $490. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 53/100.
What is AIT's forward P/E ratio?
AIT trades at a forward P/E ratio of 31.6x based on next-twelve-months earnings estimates compared to a trailing P/E of 33.4x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy AIT stock?
Analysts are cautious on AIT, with 0 Sell ratings and a price target of $336.75 (-0.4% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do AIT price targets vary so much?
AIT analyst price targets range from $300 to $380, a 24% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $336.75 consensus represents the middle ground. Our model's $234-$490 range provides an independent fundamental perspective.
Consensus-Based Analysis Tools
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