​

PPG Industries (PPG) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

PPG Stock Forecast

PPG Industries (PPG) stock forecast, based on 21 Wall Street analysts, predicts a 12-month average price target of $150.00, with a high of $165.00 and a low of $136.00. This represents a 22.57% increase from the last price of $122.38.

$115 $125 $135 $145 $155 $165 High: $165 Avg: $150 Low: $136 Last Closed Price: $122.38

PPG Stock Rating

PPG Industries stock's rating consensus is Buy, based on 21 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 11 Buy (52.38%), 10 Hold (47.62%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 21 0 10 11 Strong Sell Sell Hold Buy Strong Buy

PPG Forecast vs Benchmarks

TypeNameUpside
StockPPG Industries22.57%
SectorBasic Materials Stocks 18.06%

Price Target Trends

1M3M12M
# Anlaysts--15
Avg Price Target--$152.80
Last Closing Price$122.38$122.38$122.38
Upside/Downside--24.86%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 2531014--27
Dec, 2431114--28
Nov, 2441113--28
Oct, 2451113-130
Sep, 2451111-128
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 22, 2024Arun ViswanathanRBC Capital$136.00$128.825.57%11.13%
Oct 21, 2024John McNultyBMO Capital$155.00$129.8319.39%26.65%
Oct 17, 2024John McNultyBMO Capital$160.00$129.9123.16%30.74%
Oct 17, 2024Michael HarrisonSeaport Global$165.00$130.3626.57%34.83%
Oct 17, 2024John RobertsMizuho Securities$150.00$130.3615.07%22.57%
Oct 16, 2024Patrick CunninghamCitigroup$144.00$131.329.66%17.67%
Jul 22, 2024John McNultyBMO Capital$161.00$129.0524.76%31.56%
Jul 22, 2024Aleksey YefremovKeyBanc$153.00$128.0419.49%25.02%
Jul 19, 2024Laurence AlexanderJefferies$140.00$128.049.34%14.40%
Jul 09, 2024Joshua SpectorUBS$140.00$126.3210.83%14.40%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Dec 18, 2024CitigroupNeutralNeutralhold
Dec 03, 2024CitigroupBuyBuyhold
Oct 22, 2024RBC CapitalSector PerformSector Performhold
Oct 17, 2024KeyBancOverweightOverweighthold
Oct 17, 2024Seaport GlobalBuyBuyhold
Oct 16, 2024BMO CapitalOutperformOutperformhold
Jul 22, 2024BMO CapitalOutperformOutperformhold
Jul 22, 2024Bank of America SecuritiesBuyBuyhold
Jul 22, 2024KeyBancOverweightOverweighthold
Jul 21, 2024CitigroupBuyBuyhold

Financial Forecast

EPS Forecast

$4 $5 $6 $7 $8 $9 $10 $11 $12 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$4.47$6.06$4.32$5.38-----
Avg Forecast$5.69$6.70$5.96$7.64$8.16$8.72$9.55$10.55$10.21
High Forecast$5.58$6.58$5.59$7.59$8.09$8.47$9.19$10.36$9.47
Low Forecast$5.85$6.89$6.37$7.69$8.21$9.14$9.77$10.73$11.02
Surprise %-21.44%-9.55%-27.52%-29.58%-----

Revenue Forecast

$13B $14B $15B $17B $18B $19B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$13.83B$16.80B$17.65B$18.25B-----
Avg Forecast$13.68B$16.66B$17.60B$18.16B$17.78B$16.27B$16.73B$16.95B$17.02B
High Forecast$13.49B$16.43B$16.75B$18.12B$17.45B$16.08B$16.58B$16.78B$16.07B
Low Forecast$13.98B$17.03B$18.53B$18.21B$18.07B$16.66B$16.89B$17.12B$18.06B
Surprise %1.14%0.85%0.28%0.46%-----

Net Income Forecast

$500M $1B $2B $2B $3B $3B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.06B$1.44B$1.03B$1.27B-----
Avg Forecast$1.01B$1.37B$1.08B$1.27B$1.93B$2.09B$2.25B$2.50B$2.42B
High Forecast$810.15M$1.09B$865.85M$1.02B$1.92B$2.01B$2.18B$2.46B$2.25B
Low Forecast$1.22B$1.64B$1.30B$1.52B$1.95B$2.17B$2.32B$2.55B$2.61B
Surprise %4.57%5.22%-5.20%------

PPG Forecast FAQ

Is PPG Industries stock a buy?

PPG Industries stock has a consensus rating of Buy, based on 21 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 11 Buy, 10 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that PPG Industries is a favorable investment for most analysts.

What is PPG Industries's price target?

PPG Industries's price target, set by 21 Wall Street analysts, averages $150 over the next 12 months. The price target range spans from $136 at the low end to $165 at the high end, suggesting a potential 22.57% change from the previous close price of $122.38.

How does PPG Industries stock forecast compare to the average forecast of its sector, industry, and investment themes?

PPG Industries stock forecast shows a 22.57% upside, outperforming the average forecast for the basic materials stocks sector (18.06%).

What is the breakdown of analyst ratings for PPG Industries over the past three months?

  • January 2025: 11.11% Strong Buy, 37.04% Buy, 51.85% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 10.71% Strong Buy, 39.29% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 14.29% Strong Buy, 39.29% Buy, 46.43% Hold, 0% Sell, 0% Strong Sell.

What is PPG Industries’s EPS forecast?

PPG Industries's average annual EPS forecast for its fiscal year ending in December is 8.16 for 2024, a 51.67% increase from the reported $5.38 in 2023. The prediction for 2025 is $8.72, $9.55 for 2026, $10.55 for 2027, and $10.21 for 2028.

What is PPG Industries’s revenue forecast?

PPG Industries's average annual revenue forecast for its fiscal year ending in December is $17.78B for 2024, a -2.56% decrease from the reported $18.25B in 2023. The forecast for 2025 is $16.27B, $16.73B for 2026, $16.95B for 2027, and $17.02B for 2028.

What is PPG Industries’s net income forecast?

For its fiscal year ending in December, PPG Industries's average annual net income forecast is $1.93B for 2024, reflecting an 52.15% increase from the reported $1.27B in 2023. The projection for 2025 is $2.09B, $2.25B for 2026, $2.5B for 2027, and $2.42B for 2028.