PPG Industries, Inc. (PPG)

PPG Industries Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for PPG Industries stock have an average target of 132.31, with a low estimate of 113 and a high estimate of 155. The average target predicts an increase of 32.32% from the current stock price of 99.99.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$113	$132.31	$126	$155
Change	+13.01%	+32.32%	+26.01%	+55.02%

Analyst Ratings

The average analyst rating for PPG Industries stock from 14 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 '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	5	5	4	5	4	3
Buy	6	6	5	4	4	4
Hold	6	6	6	6	6	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	17	17	15	15	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Steve Byrne B of A Securities	B of A Securities	Strong Buy → Hold Downgrades $143 → $126	Strong Buy → Hold	Downgrades	$143 → $126	+26.01%	Apr 15, 2025
Michael Sison Wells Fargo	Wells Fargo	Buy Maintains $130 → $115	Buy	Maintains	$130 → $115	+15.01%	Apr 9, 2025
Patrick Cunningham Citigroup	Citigroup	Strong Buy Maintains $135 → $113	Strong Buy	Maintains	$135 → $113	+13.01%	Apr 8, 2025
Michael Sison Wells Fargo	Wells Fargo	Buy Maintains $135 → $130	Buy	Maintains	$135 → $130	+30.01%	Apr 3, 2025
Michael Harrison Seaport Global	Seaport Global	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Mar 5, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

15.87B

Increased by 0.14%

from 15.85B

Revenue Next Year

16.36B

Increased by 3.09%

from 15.87B

EPS This Year

8.00

Increased by 68.34%

from 4.75

EPS Next Year

8.76

Increased by 9.57%

from 8.00

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	13.83B	16.80B	15.61B	16.24B	15.85B	15.87B	16.36B	16.97B
Revenue Growth	-8.66%	21.45%	-7.07%	4.02%	-2.44%	0.14%	3.09%	3.74%
EPS	4.45	6.01	4.32	5.36	4.75	8.00	8.76	9.62
EPS Growth	-14.70%	34.96%	-28.11%	24.03%	-11.36%	68.34%	9.57%	9.82%
Forward PE	-	-	-	-	-	12.51	11.41	10.39
No. Analysts	-	-	-	-	-	29	27	13

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	17.0B	17.7B	18.5B
Avg	15.9B	16.4B	17.0B
Low	14.9B	15.4B	15.9B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	7.2%	11.3%	12.8%
Avg	0.1%	3.1%	3.7%
Low	-6.2%	-3.0%	-2.9%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	9.26	9.52	10.61
Avg	8.00	8.76	9.62
Low	7.55	8.13	8.92

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	95.0%	19.1%	21.1%
Avg	68.3%	9.6%	9.8%
Low	58.9%	1.7%	1.8%

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.