APD Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for APD stock have an average target of 282.31, with a low estimate of 240 and a high estimate of 385. The average target predicts an increase of 21.15% from the current stock price of 233.02.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$240	$282.31	$270	$385
Change	+3.00%	+21.15%	+15.87%	+65.22%

Analyst Ratings

The average analyst rating for APD stock from 15 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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	5	5	5	5	5	4
Buy	4	4	4	4	5	5
Hold	5	5	5	6	6	5
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	15	15	15	16	17	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Patrick Cunningham Citigroup	Citigroup	Strong Buy Maintains $260 → $285	Strong Buy	Maintains	$260 → $285	+22.31%	Apr 10, 2024
Chris Parkinson Wolfe Research	Wolfe Research	Buy Initiates n/a	Buy	Initiates	n/a	n/a	Mar 1, 2024
Steve Byrne B of A Securities	B of A Securities	Hold → Strong Buy Upgrades $264	Hold → Strong Buy	Upgrades	$264	+13.29%	Feb 15, 2024
Joshua Spector UBS	UBS	Strong Buy → Hold Downgrades $328 → $241	Strong Buy → Hold	Downgrades	$328 → $241	+3.42%	Feb 8, 2024
Vincent Andrews Morgan Stanley	Morgan Stanley	Hold Maintains $285 → $240	Hold	Maintains	$285 → $240	+3.00%	Feb 7, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

12.77B

from 12.60B

1.35%

from 12.60B

Revenue Next Year

13.70B

from 12.77B

7.27%

from 12.77B

EPS This Year

12.45

from 10.33

20.56%

from 10.33

EPS Next Year

13.57

from 12.45

8.94%

from 12.45

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	8.92B	8.86B	10.32B	12.70B	12.60B	12.77B	13.70B	14.98B	20.44B	21.65B
Revenue Growth	-0.13%	-0.70%	16.56%	23.01%	-0.78%	1.35%	7.27%	9.35%	36.44%	5.93%
EPS	7.94	8.49	9.43	10.14	10.33	12.45	13.57	14.91	20.05	20.46
EPS Growth	17.11%	6.93%	11.07%	7.53%	1.87%	20.56%	8.94%	9.91%	34.48%	2.02%
No. Analysts	-	-	-	-	-	26	24	17	4	3

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	13.6B	15.0B	17.2B	23.4B	24.1B
Avg	12.8B	13.7B	15.0B	20.4B	21.7B
Low	12.0B	12.6B	13.7B	17.3B	18.8B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	8.2%	17.2%	25.4%	56.4%	18.0%
Avg	1.3%	7.3%	9.4%	36.4%	5.9%
Low	-5.1%	-1.2%	-0.2%	15.4%	-7.8%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	13.18	14.60	16.43	21.87	21.75
Avg	12.45	13.57	14.91	20.05	20.46
Low	11.98	12.59	13.63	18.62	19.40

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	27.6%	17.2%	21.1%	46.7%	8.4%
Avg	20.6%	8.9%	9.9%	34.5%	2.0%
Low	15.9%	1.1%	0.5%	24.9%	-3.2%

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.