PPG Industries, Inc. (PPG)

PPG Industries Stock Forecast

Stock Price Forecast

The 12 analysts that cover PPG Industries stock have a consensus rating of "Buy" and an average price target of $123.67, which forecasts a 23.58% increase in the stock price over the next year. The lowest target is $110 and the highest is $140.

Price Target: $123.67 (+23.58%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$110	$123.67	$125	$140
Change	+9.92%	+23.58%	+24.91%	+39.90%

Analyst Ratings

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

Recommendation Trends

Rating	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	4	4	4	4	4	4
Buy	4	4	3	3	3	3
Hold	6	6	6	6	5	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	14	14	13	13	12	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jeffrey Zekauskas JP Morgan	JP Morgan	Buy Maintains $112 → $117	Buy	Maintains	$112 → $117	+16.92%	Nov 21, 2025
Stephen Richardson Evercore ISI Group	Evercore ISI Group	Hold Maintains $145 → $112	Hold	Maintains	$145 → $112	+11.92%	Nov 11, 2025
Joshua Spector UBS	UBS	Hold Maintains $115 → $110	Hold	Maintains	$115 → $110	+9.92%	Oct 30, 2025
Michael Sison Wells Fargo	Wells Fargo	Buy Maintains $132 → $130	Buy	Maintains	$132 → $130	+29.91%	Oct 30, 2025
Jeffrey Zekauskas JP Morgan	JP Morgan	Hold → Buy Upgrades $112	Hold → Buy	Upgrades	$112	+11.92%	Oct 16, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

15.90B

Increased by 0.36%

from 15.85B

Revenue Next Year

16.32B

Increased by 2.63%

from 15.90B

EPS This Year

7.77

Increased by 63.57%

from 4.75

EPS Next Year

8.30

Increased by 6.82%

from 7.77

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	13.83B	16.80B	15.61B	16.24B	15.85B	15.90B	16.32B
Revenue Growth	-8.66%	21.45%	-7.07%	4.02%	-2.44%	0.36%	2.63%
EPS	4.45	6.01	4.32	5.36	4.75	7.77	8.30
EPS Growth	-14.70%	34.96%	-28.11%	24.03%	-11.36%	63.57%	6.82%
Forward PE	-	-	-	-	-	12.88	12.06
No. Analysts	-	-	-	-	-	26	26

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	16.7B	17.4B
Avg	15.9B	16.3B
Low	15.3B	15.0B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	5.4%	9.6%
Avg	0.4%	2.6%
Low	-3.5%	-5.4%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	8.26	9.20
Avg	7.77	8.30
Low	7.47	7.79

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	73.9%	18.4%
Avg	63.6%	6.8%
Low	57.2%	0.3%

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.