For the third quarter of 2026, analyst consensus suggests Pentair will report revenue of approximately $0.96 billion and earnings per share of $1.07, with the stock currently trading at $55.30 compared to an average price target of $69.77.
Investors are primarily focused on the Q3 2026 performance of the Pool segment, which is expected to see a 25% revenue decline due to ongoing channel inventory destocking and weak residential demand.
Recent performance has been pressured by a significant inventory correction, although the Flow and Water Solutions segments have shown relative margin resilience. Market participants are looking for confirmation that the destocking cycle has bottomed out and for updates regarding the integration of the $1.4 billion Taco Group Holdings acquisition.