Johnson Controls shares rose following strong quarterly earnings results and raised guidance. The company reported Q1 earnings per share of $0.89, beating consensus estimates by 6.0%, with revenue increasing $371 million year-over-year. Q4 revenue reached $5.80 billion, up 6.8% annually, with non-GAAP profit of $0.89 per share exceeding analyst expectations by 5.7%. Johnson Controls raised its full-year 2026 earnings guidance to $4.70 per share and Q2 guidance to $1.11 per share. The company cited strong organic growth across all regions and acceleration in orders and backlog as drivers of performance. Following these results, multiple analysts raised price targets: Goldman Sachs increased its target to $154 from $137 while maintaining a Buy rating, and JPMorgan raised its target to $158 from $138 while maintaining an Overweight rating. Mizuho also boosted its price target to $130.00.
Read full analysisJohnson Controls shares rose following strong quarterly earnings results and raised guidance. The company reported Q1 earnings per share of $0.89, beating consensus estimates by 6.0%, with revenue increasing $371 million year-over-year. Q4 revenue reached $5.80 billion, up 6.8% annually, with non-GAAP profit of $0.89 per share exceeding analyst expectations by 5.7%. Johnson Controls raised its full-year 2026 earnings guidance to $4.70 per share and Q2 guidance to $1.11 per share. The company cited strong organic growth across all regions and acceleration in orders and backlog as drivers of performance. Following these results, multiple analysts raised price targets: Goldman Sachs increased its target to $154 from $137 while maintaining a Buy rating, and JPMorgan raised its target to $158 from $138 while maintaining an Overweight rating. Mizuho also boosted its price target to $130.00.
Johnson Controls International plc (JCI) is a publicly traded company in the Industrials sector.