APD Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for APD stock have an average target of 289, with a low estimate of 240 and a high estimate of 320. The average target predicts an increase of 9.92% from the current stock price of 262.91.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$240	$289	$300	$320
Change	-8.71%	+9.92%	+14.11%	+21.71%

Analyst Ratings

The average analyst rating for APD stock from 16 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	5	5	4	4	5	5
Buy	4	5	5	4	4	4
Hold	6	6	5	5	6	6
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	16	17	15	14	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Patrick Cunningham Citigroup	Citigroup	Strong Buy Maintains $280 → $305	Strong Buy	Maintains	$280 → $305	+16.01%	Jul 12, 2024
John McNulty BMO Capital	BMO Capital	Buy Maintains $294 → $300	Buy	Maintains	$294 → $300	+14.11%	Jul 11, 2024
Joshua Spector UBS	UBS	Hold Maintains $257 → $268	Hold	Maintains	$257 → $268	+1.94%	Jul 9, 2024
David Begleiter Deutsche Bank	Deutsche Bank	Strong Buy Maintains $260 → $310	Strong Buy	Maintains	$260 → $310	+17.91%	Jun 10, 2024
Steve Byrne B of A Securities	B of A Securities	Strong Buy Maintains $275 → $312	Strong Buy	Maintains	$275 → $312	+18.67%	Jun 10, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

12.45B

from 12.60B

-1.19%

from 12.60B

Revenue Next Year

13.36B

from 12.45B

7.28%

from 12.45B

EPS This Year

12.39

from 10.33

19.92%

from 10.33

EPS Next Year

13.56

from 12.39

9.44%

from 12.39

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	8.92B	8.86B	10.32B	12.70B	12.60B	12.45B	13.36B	14.47B	18.51B	19.89B
Revenue Growth	-0.13%	-0.70%	16.56%	23.01%	-0.78%	-1.19%	7.28%	8.30%	27.94%	7.46%
EPS	7.94	8.49	9.43	10.14	10.33	12.39	13.56	14.74	18.31	20.30
EPS Growth	17.11%	6.93%	11.07%	7.53%	1.87%	19.92%	9.44%	8.75%	24.21%	10.84%
Forward PE	-	-	-	-	-	21.22	19.39	17.83	14.36	12.95
No. Analysts	-	-	-	-	-	26	26	17	5	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	13.4B	14.6B	16.0B	22.5B	23.2B
Avg	12.5B	13.4B	14.5B	18.5B	19.9B
Low	11.7B	12.4B	13.1B	15.0B	16.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	6.6%	17.3%	19.7%	55.3%	25.2%
Avg	-1.2%	7.3%	8.3%	27.9%	7.5%
Low	-6.9%	-0.7%	-2.0%	3.8%	-12.3%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	13.02	14.98	16.04	20.38	21.97
Avg	12.39	13.56	14.74	18.31	20.30
Low	11.91	12.54	13.25	16.74	18.88

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	26.0%	20.9%	18.3%	38.2%	20.0%
Avg	19.9%	9.4%	8.7%	24.2%	10.8%
Low	15.3%	1.3%	-2.3%	13.5%	3.1%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.