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Air Products and Chemicals (APD) Stock Forecast, Price Target & Predictions

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APD Stock Forecast

Air Products and Chemicals stock forecast is as follows: an average price target of $354.14 (represents a 8.30% upside from APD’s last price of $327.00) and a rating consensus of 'Buy', based on 17 wall street analysts offering a 1-year stock forecast.

APD Price Target

The average price target for Air Products and Chemicals (APD) is $354.14 based on 1-year price targets from 17 Wall Street analysts in the past 3 months, with a price target range of $385.00 to $295.00. This represents a potential 8.30% upside from APD's last price of $327.00.

APD Analyst Ratings

Buy

According to 17 Wall Street analysts, Air Products and Chemicals's rating consensus is 'Buy'. The analyst rating breakdown for APD stock is 0 'Strong Buy' (0.00%), 13 'Buy' (76.47%), 4 'Hold' (23.53%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Air Products and Chemicals Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 02, 2024John RobertsMizuho Securities$385.00$333.3715.49%17.74%
Nov 18, 2024Joshua SpectorUBS$375.00$278.2334.78%14.68%
Nov 14, 2024John McNultyBMO Capital$350.00$313.8011.54%7.03%
Oct 07, 2024Laurence AlexanderJefferies$364.00$285.5027.50%11.31%
Oct 07, 2024Stephen RichardsonEvercore ISI$365.00$285.5027.85%11.62%
Oct 07, 2024Patrick CunninghamCitigroup$345.00$285.5020.84%5.50%
Aug 05, 2024Michael LeitheadBarclays$295.00$281.744.71%-9.79%
May 01, 2024Kevin McCarthyVertical Research$261.00$236.3410.43%-20.18%
Aug 08, 2022Barclays$295.00$262.6412.32%-9.79%
Aug 05, 2022Deutsche Bank$290.00$260.3211.40%-11.31%
Jul 18, 2022Wells Fargo$243.00$227.596.77%-25.69%
Jul 07, 2022Mizuho Securities$286.00$238.0620.14%-12.54%
Jun 16, 2022Jefferies$257.00$239.297.40%-21.41%
Jan 04, 2022Kevin McCarthyVertical Research$335.00$297.5012.61%2.45%
Dec 09, 2021Josh SilversteinWolfe Research$331.00$289.8714.19%1.22%
Dec 07, 2021Stephen RichardsonEvercore ISI$330.00$292.5812.79%0.92%
Nov 10, 2021Anthony ManningBerenberg Bank$320.00$310.722.99%-2.14%
Jun 22, 2021Peter ClarkSociete Generale$334.00$291.4214.61%2.14%
Jun 11, 2021Sandy KlugmanSusquehanna$350.00$293.8019.13%7.03%
Jun 03, 2021Sriharsha PappuHSBC$269.00$297.38-9.54%-17.74%
May 12, 2021Vincent AndrewsMorgan Stanley$335.00$286.6816.86%2.45%

The latest Air Products and Chemicals stock forecast, released on Dec 02, 2024 by John Roberts from Mizuho Securities, set a price target of $385.00, which represents a 15.49% increase from the stock price at the time of the forecast ($333.37), and a 17.74% increase from APD last price ($327.00).

Air Products and Chemicals Price Target by Period

1M3M12M
# Anlaysts-38
Avg Price Target-$370.00$342.50
Last Closing Price$327.00$327.00$327.00
Upside/Downside-100.00%13.15%4.74%

In the current month, the average price target of Air Products and Chemicals stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Air Products and Chemicals's last price of $327.00. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Jan 23, 2025BarclaysEqual-WeightOverweightUpgrade
Jan 13, 2025Wells FargoEqual-WeightOverweightUpgrade
Dec 17, 2024Evercore ISIOutperformOutperformHold
Nov 18, 2024UBSBuyUpgrade
Nov 14, 2024BMO CapitalOutperformOutperformHold
Oct 11, 2024Wells FargoEqual-WeightEqual-WeightHold
Oct 07, 2024NeedhamBuyBuyHold
Oct 07, 2024Evercore ISIHoldHoldHold
Oct 07, 2024MacquarieOutperformUpgrade
Oct 07, 2024Piper SandlerNeutralNeutralHold
Oct 07, 2024BernsteinMarket PerformDowngrade
Oct 07, 2024BMO CapitalOutperformOutperformHold
Oct 07, 2024JefferiesHoldBuyUpgrade
Oct 07, 2024Evercore ISIOutperformUpgrade
Oct 07, 2024Vertical ResearchHoldBuyUpgrade
Oct 07, 2024CitigroupBuyBuyHold
Aug 05, 2024BMO CapitalOutperformOutperformHold
Aug 05, 2024BarclaysEqual-WeightEqual-WeightHold
Jul 22, 2024Deutsche BankBuyHoldDowngrade
Jul 12, 2024CitigroupBuyBuyHold
Jul 11, 2024BMO CapitalOutperformOutperformHold
Jun 10, 2024Deutsche BankBuyBuyHold
Jun 10, 2024BarclaysEqual-WeightEqual-WeightHold
Jun 05, 2024Morgan StanleyEqual-WeightEqual-WeightHold
May 31, 2024BMO CapitalOutperformOutperformHold
May 01, 2024Vertical ResearchHoldDowngrade
Jan 11, 2023Morgan StanleyEqual-WeightDowngrade
Oct 13, 2022Seaport GlobalBuyUpgrade
Aug 15, 2022BMO CapitalOutperformUpgrade
Aug 08, 2022BarclaysEqual-WeightEqual-WeightHold
Aug 05, 2022Deutsche BankBuyBuyHold
Jul 18, 2022Wells FargoEqual-WeightEqual-WeightHold
Jun 16, 2022JefferiesHoldHoldHold
May 25, 2022Atlantic EquitiesOverweightUpgrade
Apr 26, 2022J.P. MorganOverweightUpgrade

Air Products and Chemicals's last stock rating was published by Barclays on Jan 23, 2025. The company Upgrade its APD rating from "Equal-Weight" to "Overweight".

Air Products and Chemicals Financial Forecast

Air Products and Chemicals Revenue Forecast

Dec 29Sep 29Jun 29Mar 29Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22
Revenue------------------------$5.07B$3.19B-$3.20B$3.17B$3.57B
Avg Forecast$4.94B$4.84B$4.74B$4.64B$4.55B$4.45B$4.36B$4.27B$4.18B$3.87B$3.65B$3.53B$3.57B$3.49B$3.31B$3.25B$3.22B$3.30B$3.08B$3.01B$2.96B$3.21B$3.04B$3.05B$3.18B$3.35B$3.29B$3.07B$3.28B$3.22B
High Forecast$5.09B$4.99B$4.88B$4.78B$4.68B$4.59B$4.49B$4.40B$4.31B$3.99B$3.76B$3.64B$3.67B$3.60B$3.41B$3.35B$3.32B$3.40B$3.17B$3.04B$2.97B$3.22B$3.04B$3.05B$3.21B$3.72B$3.39B$3.16B$3.37B$3.22B
Low Forecast$4.78B$4.69B$4.59B$4.49B$4.40B$4.31B$4.22B$4.13B$4.05B$3.75B$3.53B$3.42B$3.45B$3.38B$3.21B$3.15B$3.12B$3.19B$2.98B$2.98B$2.94B$3.21B$3.04B$3.05B$3.11B$3.13B$3.18B$2.97B$3.13B$3.22B
# Analysts3333234563333345452773224129955
Surprise %------------------------1.59%0.95%-1.04%0.97%1.11%

Air Products and Chemicals's average Quarter revenue forecast for Mar 24 based on 2 analysts is $3.05B, with a low forecast of $3.05B, and a high forecast of $3.05B. APD's average Quarter revenue forecast represents a -39.88% decrease compared to the company's last Quarter revenue of $5.07B (Dec 23).

Air Products and Chemicals EBITDA Forecast

Dec 29Sep 29Jun 29Mar 29Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22
# Analysts3333234563333345452773224129955
EBITDA------------------------$666.90M$1.25B-$1.14B$1.08B$817.20M
Avg Forecast$1.87B$1.84B$1.80B$1.76B$1.72B$1.69B$1.65B$1.62B$1.59B$1.47B$1.39B$1.34B$1.35B$1.33B$1.26B$1.24B$1.22B$1.25B$1.17B$1.14B$1.12B$1.22B$1.15B$1.22B$1.21B$1.27B$1.25B$1.11B$1.14B$1.23B
High Forecast$1.93B$1.89B$1.85B$1.82B$1.78B$1.74B$1.70B$1.67B$1.64B$1.51B$1.43B$1.38B$1.39B$1.37B$1.29B$1.27B$1.26B$1.29B$1.20B$1.15B$1.13B$1.22B$1.15B$1.46B$1.22B$1.41B$1.29B$1.33B$1.36B$1.23B
Low Forecast$1.82B$1.78B$1.74B$1.71B$1.67B$1.64B$1.60B$1.57B$1.54B$1.42B$1.34B$1.30B$1.31B$1.28B$1.22B$1.20B$1.18B$1.21B$1.13B$1.13B$1.12B$1.22B$1.15B$976.09M$1.18B$1.19B$1.21B$887.36M$908.49M$1.23B
Surprise %------------------------0.55%0.98%-1.03%0.95%0.66%

2 analysts predict APD's average Quarter EBITDA for Mar 24 to be $1.22B, with a high of $1.46B and a low of $976.09M. This is 82.95% upper than Air Products and Chemicals's previous annual EBITDA (Dec 23) of $666.90M.

Air Products and Chemicals Net Income Forecast

Dec 29Sep 29Jun 29Mar 29Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22
# Analysts3333234563333345452773224129955
Net Income------------------------$609.30M$692.60M-$439.80M$572.20M$583.10M
Avg Forecast$857.71M$1.03B$943.07M$876.14M$809.79M$972.46M$889.42M$825.90M$762.84M$922.43M$863.28M$815.30M$771.97M$866.72M$805.15M$755.01M$713.89M$805.75M$737.67M$681.71M$634.60M$774.82M$675.98M$633.71M$664.34M$693.86M$649.69M$576.10M$613.98M$614.91M
High Forecast$891.91M$1.07B$980.66M$911.07M$842.07M$1.01B$924.87M$858.82M$793.26M$959.20M$897.70M$847.81M$802.74M$901.28M$837.25M$785.11M$742.35M$837.87M$767.08M$715.69M$647.91M$776.42M$675.98M$760.45M$677.67M$702.76M$675.59M$691.32M$736.78M$614.91M
Low Forecast$822.24M$987.18M$904.07M$839.91M$776.30M$932.24M$852.64M$791.74M$731.30M$884.28M$827.58M$781.59M$740.05M$830.88M$771.86M$723.79M$684.37M$772.43M$707.17M$634.15M$621.29M$773.22M$675.98M$506.97M$648.79M$682.74M$622.83M$460.88M$491.19M$614.91M
Surprise %------------------------0.92%1.00%-0.76%0.93%0.95%

Air Products and Chemicals's average Quarter net income forecast for Mar 24 is $633.71M, with a range of $506.97M to $760.45M. APD's average Quarter net income forecast represents a 4.01% increase compared to the company's last Quarter net income of $609.30M (Dec 23).

Air Products and Chemicals SG&A Forecast

Dec 29Sep 29Jun 29Mar 29Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22
# Analysts3333234563333345452773224129955
SG&A------------------------$238.40M$232.70M-$251.20M$234.40M$223.90M
Avg Forecast$384.22M$376.29M$368.51M$360.90M$353.44M$346.14M$338.99M$331.99M$325.13M$300.98M$283.91M$274.30M$277.22M$271.68M$257.47M$253.10M$250.28M$256.40M$239.36M$233.93M$230.34M$249.93M$236.01M$271.16M$247.40M$260.27M$255.68M$246.51M$255.06M$254.36M
High Forecast$396.01M$387.83M$379.81M$371.97M$364.28M$356.76M$349.39M$342.17M$335.10M$310.21M$292.61M$282.72M$285.72M$280.01M$265.37M$260.86M$257.96M$264.26M$246.70M$236.26M$231.11M$250.59M$236.02M$325.40M$249.65M$289.38M$263.52M$295.81M$306.07M$254.36M
Low Forecast$372.00M$364.32M$356.79M$349.42M$342.20M$335.13M$328.21M$321.43M$314.79M$291.41M$274.88M$265.58M$268.40M$263.04M$249.28M$245.04M$242.32M$248.24M$231.74M$231.61M$228.81M$249.27M$236.01M$216.93M$242.17M$243.75M$247.55M$197.21M$204.05M$254.36M
Surprise %------------------------0.96%0.89%-1.02%0.92%0.88%

Air Products and Chemicals's average Quarter SG&A projection for Mar 24 is $271.16M, based on 2 Wall Street analysts, with a range of $216.93M to $325.40M. The forecast indicates a 13.74% rise compared to APD last annual SG&A of $238.40M (Dec 23).

Air Products and Chemicals EPS Forecast

Dec 29Sep 29Jun 29Mar 29Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22
# Analysts3333234563333345452773224129955
EPS------------------------$2.74$3.11-$1.98$2.58$2.63
Avg Forecast$3.85$4.62$4.23$3.93$3.63$4.36$3.99$3.71$3.42$4.14$3.87$3.66$3.46$3.89$3.61$3.39$3.20$3.62$3.31$3.06$2.85$3.48$3.03$2.70$2.98$3.11$2.92$2.65$2.70$2.76
High Forecast$4.00$4.81$4.40$4.09$3.78$4.54$4.15$3.85$3.56$4.31$4.03$3.81$3.60$4.05$3.76$3.52$3.33$3.76$3.44$3.21$2.91$3.48$3.03$2.70$3.04$3.15$3.03$2.75$2.80$2.76
Low Forecast$3.69$4.43$4.06$3.77$3.48$4.18$3.83$3.55$3.28$3.97$3.71$3.51$3.32$3.73$3.46$3.25$3.07$3.47$3.17$2.85$2.79$3.47$3.03$2.70$2.91$3.06$2.80$2.54$2.54$2.76
Surprise %------------------------0.92%1.00%-0.75%0.95%0.95%

According to 2 Wall Street analysts, Air Products and Chemicals's projected average Quarter EPS for Mar 24 is $2.70, with a low estimate of $2.70 and a high estimate of $2.70. This represents a -1.55% decrease compared to APD previous annual EPS of $2.74 (Dec 23).

Air Products and Chemicals Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ALBAlbemarle$85.90$116.6735.82%Buy
IFFInternational Flavors & Fragrances$86.54$112.2029.65%Buy
EMNEastman Chemical$92.67$116.0025.18%Buy
PPGPPG Industries$123.01$150.0021.94%Buy
LYBLyondellBasell Industries$78.31$95.2521.63%Hold
LINLinde$435.51$502.1715.31%Buy
ECLEcolab$249.52$282.8213.35%Buy
APDAir Products and Chemicals$327.00$354.148.30%Buy
SHWSherwin-Williams$364.17$391.227.43%Buy
RPMRPM$127.41$133.504.78%Buy

APD Forecast FAQ

Is Air Products and Chemicals a good buy?

Yes, according to 17 Wall Street analysts, Air Products and Chemicals (APD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 13 'Buy' recommendations, accounting for 76.47% of APD's total ratings.

What is APD's price target?

Air Products and Chemicals (APD) average price target is $354.14 with a range of $295 to $385, implying a 8.30% from its last price of $327. The data is based on 17 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Air Products and Chemicals stock go up soon?

According to Wall Street analysts' prediction for APD stock, the company can go up by 8.30% (from the last price of $327 to the average price target of $354.14), up by 17.74% based on the highest stock price target, and down by -9.79% based on the lowest stock price target.

Can Air Products and Chemicals stock reach $500?

APD's average twelve months analyst stock price target of $354.14 does not support the claim that Air Products and Chemicals can reach $500 in the near future.

What are Air Products and Chemicals's analysts' financial forecasts?

Air Products and Chemicals's analysts financial forecasts for the fiscal year (Sep 2028) are as follows: average revenue is $17.26B (high $17.79B, low $16.71B), average EBITDA is $6.55B (high $6.75B, low $6.34B), average net income is $3.45B (high $3.59B, low $3.31B), average SG&A $1.34B (high $1.38B, low $1.3B), and average EPS is $15.49 (high $16.1, low $14.85). APD's analysts financial forecasts for the fiscal year (Sep 2029) are as follows: average revenue is $18.76B (high $19.34B, low $18.17B), average EBITDA is $7.12B (high $7.34B, low $6.89B), average net income is $3.66B (high $3.8B, low $3.51B), average SG&A $1.46B (high $1.5B, low $1.41B), and average EPS is $16.42 (high $17.08, low $15.74).

Did the APD's actual financial results beat the analysts' financial forecasts?

Based on Air Products and Chemicals's last annual report (Sep 2023), the company's revenue was $12.6B, which missed the average analysts forecast of $12.98B by -2.92%. Apple's EBITDA was $4.66B, missing the average prediction of $4.76B by -2.09%. The company's net income was $2.3B, missing the average estimation of $2.53B by -9.21%. Apple's SG&A was $957M, missing the average forecast of $1.02B by -5.95%. Lastly, the company's EPS was $10.35, missing the average prediction of $11.38 by -9.06%. In terms of the last quarterly report (Dec 2023), Air Products and Chemicals's revenue was $5.07B, beating the average analysts' forecast of $3.18B by 59.21%. The company's EBITDA was $666.9M, missing the average prediction of $1.21B by -44.76%. Air Products and Chemicals's net income was $609.3M, missing the average estimation of $664.34M by -8.28%. The company's SG&A was $238.4M, missing the average forecast of $247.4M by -3.64%. Lastly, the company's EPS was $2.74, missing the average prediction of $2.98 by -8.11%