Eaton Drops 3.52% Despite 7.25% Revenue Surge

On April 10, 2025, Eaton's stock experienced a 3.52% drop in pre-market trading.

Keybanc maintained its "overweight" rating for Eaton, with a new price target of $325.00. This decision comes after Eaton released its 2024 annual report, which showed a 7.25% increase in revenue to $24.88 billion and a net income of $3.798 billion, with earnings per share at $9.54.

Eaton, founded in 1911, is a global technology leader in power management solutions. The company's products are used in various sectors, including data centers, utilities, industry, commerce, machine construction, residential, aerospace, and mobile markets. The company's growth is driven by the reindustrialization of North America and Europe, the expansion of large projects in North America, and increased global infrastructure spending focused on clean energy.

Eaton's focus on product quality and sustainability is evident in its new energy heavy-duty truck segment. The company's new energy heavy-duty truck segment is expected to grow significantly in the coming years, driven by policy support and market demand. Eaton's new energy heavy-duty truck segment is expected to grow significantly in the coming years, driven by policy support and market demand. Eaton's new energy heavy-duty truck segment is expected to grow significantly in the coming years, driven by policy support and market demand.