Procter & Gamble Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for Procter & Gamble stock have an average target of 172.63, with a low estimate of 153 and a high estimate of 190. The average target predicts an increase of 2.78% from the current stock price of 167.96.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$153	$172.63	$175	$190
Change	-8.91%	+2.78%	+4.19%	+13.12%

Analyst Ratings

The average analyst rating for Procter & Gamble stock from 20 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	6	7	7	7	7	7
Buy	6	6	5	5	6	7
Hold	6	6	6	6	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	18	19	18	18	19	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Lauren Lieberman Barclays	Barclays	Buy Maintains $170 → $174	Buy	Maintains	$170 → $174	+3.60%	Jul 19, 2024
Robert Ottenstein Evercore ISI Group	Evercore ISI Group	Buy Maintains $177 → $183	Buy	Maintains	$177 → $183	+8.95%	Jul 18, 2024
Steve Powers Deutsche Bank	Deutsche Bank	Strong Buy Maintains $171 → $176	Strong Buy	Maintains	$171 → $176	+4.79%	Jul 17, 2024
Filippo Falorni Citigroup	Citigroup	Strong Buy Maintains $177 → $190	Strong Buy	Maintains	$177 → $190	+13.12%	Jul 10, 2024
Kevin Grundy Exane BNP Paribas	Exane BNP Paribas	Buy Initiates $187	Buy	Initiates	$187	+11.34%	Jun 24, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

86.90B

from 82.01B

5.97%

from 82.01B

Revenue Next Year

89.79B

from 86.90B

3.33%

from 86.90B

EPS This Year

6.74

from 5.90

14.30%

from 5.90

EPS Next Year

7.18

from 6.74

6.44%

from 6.74

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029
Revenue	67.68B	70.95B	76.12B	80.19B	82.01B	86.90B	89.79B	93.56B	97.30B	101.98B	106.63B
Revenue Growth	1.27%	4.83%	7.28%	5.35%	2.27%	5.97%	3.33%	4.19%	4.00%	4.80%	4.57%
EPS	1.43	4.96	5.50	5.81	5.90	6.74	7.18	7.70	8.14	8.65	9.32
EPS Growth	-61.04%	246.85%	10.89%	5.64%	1.55%	14.30%	6.44%	7.22%	5.75%	6.33%	7.67%
Forward PE	-	-	-	-	-	24.91	23.40	21.83	20.64	19.41	18.03
No. Analysts	-	-	-	-	-	29	29	20	8	6	5

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028	2029
High	89.4B	92.7B	97.1B	101.8B	105.8B	109.9B
Avg	86.9B	89.8B	93.6B	97.3B	102.0B	106.6B
Low	82.4B	84.4B	87.5B	90.8B	95.6B	100.4B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	9.0%	6.7%	8.2%	8.8%	8.7%	7.7%
Avg	6.0%	3.3%	4.2%	4.0%	4.8%	4.6%
Low	0.5%	-2.9%	-2.5%	-3.0%	-1.8%	-1.6%

EPS Forecast

EPS	2024	2025	2026	2027	2028	2029
High	6.91	7.46	8.17	8.66	9.24	9.85
Avg	6.74	7.18	7.70	8.14	8.65	9.32
Low	6.36	6.72	7.11	7.57	8.03	8.54

EPS Growth

EPS Growth	2024	2025	2026	2027	2028	2029
High	17.1%	10.6%	13.8%	12.6%	13.5%	13.8%
Avg	14.3%	6.4%	7.2%	5.7%	6.3%	7.7%
Low	7.8%	-0.3%	-0.9%	-1.7%	-1.4%	-1.4%

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.