PPG Industries Stock Forecast

Stock Price Forecast

According to 23 analysts polled by S&P Global, PPG Industries stock has a consensus rating of "Buy" and an average price target of $125.7. The average 1-year stock price forecast is 10.25% higher than the current stock price, while the lowest is $108 (-5.27%) and the highest is $138 (+21.04%).

Price Target: $125.7 (+10.25%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$108	$125.7	$125	$138
Change	-5.27%	+10.25%	+9.64%	+21.04%

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

Chart

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	9	9	8	8	8	9
Buy	1	2	2	2	2	1
Hold	14	12	13	13	13	13
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	24	23	23	23	23	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Duffy Fischer Goldman Sachs	Goldman Sachs	Buy Maintains $130 → $131	Buy	Maintains	$130 → $131	+14.90%	Aug 3, 2026
Joshua Spector UBS	UBS	Hold Maintains $130 → $125	Hold	Maintains	$130 → $125	+9.64%	Jul 30, 2026
John McNulty BMO Capital	BMO Capital	Buy Maintains $138	Buy	Maintains	$138	+21.04%	Jul 30, 2026
Matthew DeYoe Bank of America Securities	Bank of America Securities	Buy Maintains $134 → $137	Buy	Maintains	$134 → $137	+20.16%	Jul 30, 2026
Patrick Cunningham Citi	Citi	Hold Maintains $125 → $121	Hold	Maintains	$125 → $121	+6.13%	Jul 30, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

16.76B

from 15.88B

5.55%

from 15.88B

Revenue Next Year

17.32B

from 16.76B

3.39%

from 16.76B

EPS This Year

7.88

from 7.58

3.90%

from 7.58

EPS Next Year

8.68

from 7.88

10.18%

from 7.88

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	16.80B	15.61B	16.24B	15.85B	15.88B	16.76B
Revenue Growth	21.45%	-7.07%	4.02%	-2.44%	0.19%	5.55%
Gross Profit	6.56B	5.68B	6.61B	6.64B	6.61B	6.80B
Gross Margin	39.03%	36.38%	40.69%	41.91%	41.63%	40.60%
Operating Income	1.75B	1.68B	2.19B	2.24B	2.12B	2.38B
Net Income	1.44B	1.03B	1.27B	1.12B	1.58B	1.58B
EPS	-	-	-	-	7.58	7.88
EPS Growth	-	-	-	-	-3.68%	3.90%
Forward PE	22.94	19.16	18.16	14.11	13.02	14.48
Dividend / Share	2.26	2.42	2.54	2.66	2.78	2.90
Dividend Growth	-	7.08%	4.96%	4.72%	4.51%	4.44%
Free Cash Flow	931.75M	336.13M	1.82B	1.05B	538.88M	1.38B
No. Analysts	-	-	-	-	-	21

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	16.9B
Avg	16.8B
Low	16.4B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	6.8%
Avg	5.5%
Low	3.5%

EPS Forecast

Chart

EPS	2026	2027	2028
High	8.05
Avg	7.88
Low	7.66

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	6.2%
Avg	3.9%
Low	1.1%