
TriNet Group (TNET) Stock Forecast & Price Target
TriNet Group (TNET) Analyst Ratings
Bulls say
TriNet Group Inc. reported revenue of $1.28 billion, reflecting a year-over-year increase of 1.3%, surpassing estimates due to robust performance in PEO revenues. The improvement in net hiring within TriNet's client base has contributed positively to high-margin CIE contributions, indicating a favorable business environment. Additionally, the company's strategic acquisitions and diversified client base position it well for future growth, with expectations for a revenue growth inflection towards a medium-term target range of 4-6%.
Bears say
TriNet Group Inc experienced a significant net revenue decline of 27.3% year-over-year, totaling $237 million, despite outperforming estimates due to lower insurance costs. The ongoing headwinds from insurance challenges and the complexities related to the Zenefits wind-down and Clarus divestiture are anticipated to create further volatility in TriNet's financial performance, keeping its stock within a limited trading range. Additionally, the muted earnings per share guidance for FY25 and the expectation of flat dividends and slower buybacks suggest a constrained growth outlook amid a challenging operating environment marked by elevated claims costs and reduced client hiring.
This aggregate rating is based on analysts' research of TriNet Group and is not a guaranteed prediction by Public.com or investment advice.
TriNet Group (TNET) Analyst Forecast & Price Prediction
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