JPMorgan Raises Johnson Controls International plc (JCI) Target After Q1 "Break Out in Performance"

Johnson Controls International plc (NYSE:JCI) is included among 12 Unstoppable Dividend Stocks to Buy According to Analysts.

On February 6, JPMorgan raised its price target on Johnson Controls International plc (NYSE:JCI) to $158 from $138 and maintained an Overweight rating on the shares. In a research note, the firm said the company’s fiscal Q1 results offered another clear proof point of a "break out in performance" under Johnson Controls’ new CEO.

A few days earlier, on February 4, the company guided 2026 profit above Wall Street expectations. The outlook reflected steady demand for its thermal management and cooling equipment, particularly in data centers. Johnson Controls, whose portfolio includes IT cooling, security, and fire systems, continues to benefit from AI-driven data center expansion, alongside a broader upswing among industrial companies supplying critical infrastructure.

As more AI computing capacity comes online, demand for cooling infrastructure has continued to rise. Customers are increasingly focused on dependable, energy-efficient thermal management solutions. The company raised its full-year adjusted profit forecast to $4.70 per share from $4.55, ahead of analysts’ average estimate of $4.61, based on data compiled by LSEG. Its second-quarter adjusted profit outlook of $1.11 per share also exceeded the consensus estimate of $1.05.

For the quarter ended December 31, Johnson Controls reported adjusted earnings of 89 cents per share, compared with 64 cents a year earlier. Revenue in the first quarter rose to $5.79 billion from $5.43 billion in the prior-year period.

Johnson Controls International plc (NYSE:JCI) serves customers across aerospace manufacturing, healthcare, and commercial construction. Its products span heating, ventilation, and air conditioning systems, along with security, fire protection, and refrigeration equipment.

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