What Are Wall Street Analysts' Target Price for Lennox Stock?

Richardson, Texas-based Lennox International Inc. (LII), with a market capitalization of approximately $15.2 billion, is a climate-control solutions company that provides energy-efficient heating, cooling, indoor air quality, and refrigeration systems for residential and commercial applications across North America.

Shares of this leading climate-control solutions company have underperformed the broader market over the past year. LII has declined 27.3% over this period, while the broader S&P 500 Index ($SPX) has advanced 21.3%. The stock has also underperformed the index in 2026, falling 12.8% year-to-date, compared with the S&P 500’s 13.3% gain over the same period.

Compared with the iShares U.S. Home Construction ETF (ITB), LII has also underperformed. ITB has declined 5.3% over the past year and gained 2.2% year-to-date.

On July 29, Lennox International reported its Q2 FY2026 earnings, sending its shares down about 21% as results missed revenue expectations and the company cut its full-year outlook. Its total net sales grew 3% to $1.5 billion, driven by completed acquisitions, while strong momentum in Building Climate Solutions helped mitigate continued softness in the residential market. Its EPS rose marginally to $7.72 year over year.

Lennox updated its full-year 2026 EPS guidance to a range of $23 to $24, down from the prior range of $23.50 to $25, while reaffirming revenue growth guidance of approximately 8%, including a 5% benefit from completed acquisitions. Free cash flow is still expected to be in the range of $750 million to $850 million.

Analysts expect LII’s diluted EPS to increase 2.3% year over year to $23.69 for the fiscal year ending in December 2026. LII has surpassed consensus EPS estimates in three of the past four quarters, while missing in one quarter.

Among the 18 analysts covering LII stock, the consensus rating is a “Moderate Buy.” The rating is based on seven “Strong Buys,” 10 “Holds,” and one “Moderate Sell.”

This configuration has been consistent over the past few months.

On July 31, Goldman Sachs analyst Joe Ritchie lowered his price target for Lennox International to $547 from $625 while maintaining a “Buy” rating. Ritchie said the stock’s 21% decline appeared overdone relative to the modest guidance cut, while lower residential growth reflected broader market weakness rather than market share losses.

Based on analysts' estimates, the mean price target of $520.15 implies a 22.9% premium to LII's current share price. The Street-high price target of $609 implies a 43.9% upside.