Air Products and Chemicals (APD) Stock Forecast, Price Target & Predictions
APD Stock Forecast
Air Products and Chemicals stock forecast is as follows: an average price target of $300.08 (represents a 5.61% upside from APD’s last price of $284.13) and a rating consensus of 'Hold', based on 11 wall street analysts offering a 1-year stock forecast.
APD Price Target
The average price target for Air Products and Chemicals (APD) is $300.08 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $350.00 to $243.00. This represents a potential 5.61% upside from APD's last price of $284.13.
APD Analyst Ratings
According to 11 Wall Street analysts, Air Products and Chemicals's rating consensus is 'Hold'. The analyst rating breakdown for APD stock is 0 'Strong Buy' (0.00%), 5 'Buy' (45.45%), 6 'Hold' (54.55%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Air Products and Chemicals Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 05, 2024 | Michael Leithead | Barclays | $295.00 | $281.74 | 4.71% | 3.83% |
| May 01, 2024 | Kevin McCarthy | Vertical Research | $261.00 | $236.34 | 10.43% | -8.14% |
| Aug 08, 2022 | - | Barclays | $295.00 | $262.64 | 12.32% | 3.83% |
| Aug 05, 2022 | - | Deutsche Bank | $290.00 | $260.32 | 11.40% | 2.07% |
| Jul 18, 2022 | - | Wells Fargo | $243.00 | $227.59 | 6.77% | -14.48% |
| Jul 07, 2022 | - | Mizuho Securities | $286.00 | $238.06 | 20.14% | 0.66% |
| Jun 16, 2022 | - | Jefferies | $257.00 | $239.29 | 7.40% | -9.55% |
| Jan 04, 2022 | Kevin McCarthy | Vertical Research | $335.00 | $297.50 | 12.61% | 17.90% |
| Dec 09, 2021 | Josh Silverstein | Wolfe Research | $331.00 | $289.87 | 14.19% | 16.50% |
| Dec 07, 2021 | Stephen Richardson | Evercore ISI | $330.00 | $292.58 | 12.79% | 16.14% |
The latest Air Products and Chemicals stock forecast, released on Aug 05, 2024 by Michael Leithead from Barclays, set a price target of $295.00, which represents a 4.71% increase from the stock price at the time of the forecast ($281.74), and a 3.83% increase from APD last price ($284.13).
Air Products and Chemicals Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $295.00 | $278.00 |
| Last Closing Price | $284.13 | $284.13 | $284.13 |
| Upside/Downside | -100.00% | 3.83% | -2.16% |
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 $284.13. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 05, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Aug 05, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jul 22, 2024 | Deutsche Bank | Buy | Hold | Downgrade |
| Jul 12, 2024 | Citigroup | Buy | Buy | Hold |
| Jul 11, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Jun 10, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Jun 10, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jun 05, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| May 31, 2024 | BMO Capital | Outperform | Outperform | Hold |
| May 01, 2024 | Vertical Research | - | Hold | Downgrade |
Air Products and Chemicals's last stock rating was published by BMO Capital on Aug 05, 2024. The company gave APD a "Outperform" rating, the same as its previous rate.
Air Products and Chemicals Financial Forecast
Air Products and Chemicals Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.07B | $3.19B | - | $3.20B | $3.17B | $3.57B | - | $2.95B | $2.99B | $2.84B |
| Avg Forecast | $4.50B | $4.39B | $4.30B | $4.20B | $4.10B | $4.01B | $3.92B | $3.83B | $3.75B | $3.57B | $3.43B | $3.42B | $3.43B | $3.35B | $3.16B | $3.13B | $3.16B | $3.23B | $3.04B | $3.05B | $3.18B | $3.35B | $3.29B | $3.07B | $3.28B | $3.22B | $3.02B | $3.00B | $2.74B | $2.69B |
| High Forecast | $4.85B | $4.74B | $4.64B | $4.53B | $4.43B | $4.33B | $4.23B | $4.14B | $4.04B | $3.85B | $3.70B | $3.69B | $3.70B | $3.61B | $3.41B | $3.37B | $3.41B | $3.25B | $3.28B | $3.29B | $3.21B | $3.72B | $3.55B | $3.31B | $3.54B | $3.47B | $3.02B | $3.11B | $2.84B | $2.79B |
| Low Forecast | $4.34B | $4.24B | $4.15B | $4.05B | $3.96B | $3.87B | $3.79B | $3.70B | $3.62B | $3.44B | $3.31B | $3.30B | $3.31B | $3.23B | $3.05B | $3.02B | $3.05B | $3.19B | $2.93B | $2.94B | $3.11B | $3.13B | $3.17B | $2.96B | $3.16B | $3.11B | $3.02B | $2.93B | $2.67B | $2.63B |
| # Analysts | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 2 | 4 | 12 | 9 | 9 | 5 | 5 | 5 | 3 | 6 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.59% | 0.95% | - | 1.04% | 0.97% | 1.11% | - | 0.98% | 1.09% | 1.06% |
Air Products and Chemicals's average Quarter revenue forecast for Mar 24 based on 2 analysts is $3.05B, with a low forecast of $2.94B, and a high forecast of $3.29B. 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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 2 | 4 | 12 | 9 | 9 | 5 | 5 | 5 | 3 | 6 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $666.90M | $1.25B | - | $1.14B | $1.08B | $817.20M | - | $1.03B | $1.04B | $1.10B |
| Avg Forecast | $1.72B | $1.68B | $1.64B | $1.61B | $1.57B | $1.53B | $1.50B | $1.47B | $1.43B | $1.36B | $1.31B | $1.31B | $1.31B | $1.28B | $1.21B | $1.20B | $1.21B | $1.23B | $1.16B | $1.22B | $1.22B | $1.28B | $1.26B | $1.11B | $1.25B | $1.21B | $1.16B | $1.01B | $1.03B | $1.10B |
| High Forecast | $1.85B | $1.81B | $1.77B | $1.73B | $1.69B | $1.66B | $1.62B | $1.58B | $1.55B | $1.47B | $1.41B | $1.41B | $1.41B | $1.38B | $1.30B | $1.29B | $1.30B | $1.24B | $1.25B | $1.46B | $1.23B | $1.42B | $1.36B | $1.33B | $1.35B | $1.45B | $1.16B | $1.21B | $1.24B | $1.32B |
| Low Forecast | $1.66B | $1.62B | $1.59B | $1.55B | $1.51B | $1.48B | $1.45B | $1.41B | $1.38B | $1.32B | $1.27B | $1.26B | $1.26B | $1.23B | $1.17B | $1.15B | $1.17B | $1.22B | $1.12B | $976.09M | $1.19B | $1.20B | $1.21B | $887.36M | $1.21B | $965.62M | $1.16B | $806.69M | $825.90M | $877.83M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.55% | 0.97% | - | 1.03% | 0.86% | 0.68% | - | 1.02% | 1.00% | 1.00% |
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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 2 | 4 | 12 | 9 | 9 | 5 | 5 | 5 | 3 | 6 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $609.30M | $692.60M | - | $439.80M | $572.20M | $583.10M | - | $530.50M | $549.60M | $610.40M |
| Avg Forecast | $1.21B | $1.17B | $1.17B | $1.16B | $1.16B | $1.05B | $1.00B | $948.15M | $925.67M | $861.26M | $824.55M | $818.23M | $814.22M | $794.19M | $752.73M | $737.66M | $725.17M | $777.59M | $675.98M | $633.71M | $664.34M | $693.86M | $649.69M | $576.10M | $602.48M | $668.75M | $581.02M | $523.73M | $558.17M | $607.96M |
| High Forecast | $1.34B | $1.29B | $1.29B | $1.28B | $1.28B | $1.16B | $1.11B | $1.05B | $1.02B | $949.90M | $909.41M | $902.44M | $898.01M | $875.92M | $830.19M | $813.58M | $799.80M | $813.45M | $745.55M | $760.45M | $677.67M | $702.76M | $716.56M | $691.32M | $664.49M | $802.51M | $581.02M | $628.47M | $669.80M | $729.55M |
| Low Forecast | $1.16B | $1.12B | $1.11B | $1.11B | $1.11B | $1.00B | $957.70M | $905.43M | $883.96M | $822.46M | $787.40M | $781.36M | $777.53M | $758.40M | $718.81M | $704.43M | $692.49M | $746.22M | $645.52M | $506.97M | $648.79M | $682.74M | $620.42M | $460.88M | $575.34M | $535.00M | $581.02M | $418.98M | $446.53M | $486.37M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 1.00% | - | 0.76% | 0.95% | 0.87% | - | 1.01% | 0.98% | 1.00% |
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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 2 | 4 | 12 | 9 | 9 | 5 | 5 | 5 | 3 | 6 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $238.40M | $232.70M | - | $251.20M | $234.40M | $223.90M | - | $227.00M | $232.80M | $202.10M |
| Avg Forecast | $355.15M | $347.16M | $339.36M | $331.73M | $324.27M | $316.98M | $309.85M | $302.88M | $296.07M | $281.74M | $270.96M | $269.98M | $270.73M | $264.37M | $249.89M | $247.06M | $249.43M | $255.06M | $239.79M | $271.16M | $251.36M | $264.43M | $259.76M | $246.51M | $258.95M | $221.42M | $238.81M | $224.10M | $231.87M | $201.29M |
| High Forecast | $383.26M | $374.65M | $366.22M | $357.99M | $349.94M | $342.07M | $334.38M | $326.86M | $319.51M | $304.04M | $292.41M | $291.35M | $292.16M | $285.30M | $269.67M | $266.62M | $269.18M | $256.66M | $258.77M | $325.40M | $253.63M | $294.00M | $280.33M | $295.81M | $279.45M | $265.70M | $238.81M | $268.92M | $278.25M | $241.55M |
| Low Forecast | $342.84M | $335.13M | $327.59M | $320.23M | $313.03M | $305.99M | $299.11M | $292.38M | $285.81M | $271.98M | $261.57M | $260.62M | $261.34M | $255.21M | $241.23M | $238.50M | $240.79M | $251.87M | $231.47M | $216.93M | $246.04M | $247.64M | $250.76M | $197.21M | $249.98M | $177.14M | $238.81M | $179.28M | $185.50M | $161.03M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.88% | - | 1.02% | 0.91% | 1.01% | - | 1.01% | 1.00% | 1.00% |
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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 2 | 4 | 12 | 9 | 9 | 5 | 5 | 5 | 3 | 6 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.74 | $3.11 | - | $1.98 | $2.58 | $2.63 | - | $2.39 | $2.48 | $2.75 |
| Avg Forecast | $5.43 | $5.26 | $5.24 | $5.22 | $5.21 | $4.71 | $4.50 | $4.26 | $4.15 | $3.87 | $3.70 | $3.67 | $3.65 | $3.56 | $3.38 | $3.31 | $3.25 | $3.49 | $3.03 | $2.70 | $2.98 | $3.11 | $2.92 | $2.65 | $2.70 | $2.76 | $2.61 | $2.36 | $2.50 | $2.49 |
| High Forecast | $5.99 | $5.80 | $5.77 | $5.75 | $5.74 | $5.20 | $4.96 | $4.69 | $4.58 | $4.26 | $4.08 | $4.05 | $4.03 | $3.93 | $3.73 | $3.65 | $3.59 | $3.65 | $3.35 | $2.98 | $3.04 | $3.15 | $3.22 | $2.92 | $2.98 | $3.04 | $2.61 | $2.47 | $2.62 | $2.61 |
| Low Forecast | $5.19 | $5.02 | $5.00 | $4.98 | $4.97 | $4.50 | $4.30 | $4.06 | $3.97 | $3.69 | $3.53 | $3.51 | $3.49 | $3.40 | $3.23 | $3.16 | $3.11 | $3.35 | $2.90 | $2.58 | $2.91 | $3.06 | $2.78 | $2.53 | $2.58 | $2.64 | $2.61 | $2.29 | $2.43 | $2.42 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 1.00% | - | 0.75% | 0.95% | 0.95% | - | 1.01% | 0.99% | 1.10% |
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 $2.58 and a high estimate of $2.98. 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ALB | Albemarle | $87.44 | $193.85 | 121.69% | Buy |
| PPG | PPG Industries | $126.98 | $162.41 | 27.90% | Buy |
| LYB | LyondellBasell Industries | $93.18 | $102.47 | 9.97% | Buy |
| EMN | Eastman Chemical Company | $103.10 | $110.41 | 7.09% | Buy |
| APD | Air Products and Chemicals | $284.13 | $300.08 | 5.61% | Hold |
| IFF | International Flavors & Fragrances | $103.59 | $108.23 | 4.48% | Buy |
| RPM | RPM | $121.34 | $121.78 | 0.36% | Hold |
| ECL | Ecolab | $250.54 | $240.72 | -3.92% | Buy |
| SHW | Sherwin-Williams Company | $375.40 | $340.79 | -9.22% | Buy |
| LIN | Linde | $468.81 | $424.58 | -9.43% | Buy |
APD Forecast FAQ
Is Air Products and Chemicals a good buy?
No, according to 11 Wall Street analysts, Air Products and Chemicals (APD) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 45.45% of APD's total ratings.
What is APD's price target?
Air Products and Chemicals (APD) average price target is $300.08 with a range of $243 to $350, implying a 5.61% from its last price of $284.13. The data is based on 11 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 5.61% (from the last price of $284.13 to the average price target of $300.08), up by 23.18% based on the highest stock price target, and down by -14.48% based on the lowest stock price target.
Can Air Products and Chemicals stock reach $400?
APD's average twelve months analyst stock price target of $300.08 does not support the claim that Air Products and Chemicals can reach $400 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 2027) are as follows: average revenue is $15.52B (high $16.74B, low $14.98B), average EBITDA is $5.93B (high $6.4B, low $5.73B), average net income is $3.93B (high $4.33B, low $3.75B), average SG&A $1.23B (high $1.32B, low $1.18B), and average EPS is $17.63 (high $19.44, low $16.83). APD's analysts financial forecasts for the fiscal year (Sep 2028) are as follows: average revenue is $16.99B (high $18.34B, low $16.4B), average EBITDA is $6.5B (high $7.01B, low $6.27B), average net income is $4.66B (high $5.14B, low $4.45B), average SG&A $1.34B (high $1.45B, low $1.3B), and average EPS is $20.92 (high $23.07, low $19.98).
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 $4.9B by -4.81%. The company's net income was $2.3B, missing the average estimation of $2.52B by -8.80%. Apple's SG&A was $957M, missing the average forecast of $1.03B by -7.06%. 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 $1.22B by -45.17%. 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 $251.36M by -5.15%. Lastly, the company's EPS was $2.74, missing the average prediction of $2.98 by -8.11%