SHW Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for SHW stock have an average target of 335.32, with a low estimate of 249 and a high estimate of 400. The average target predicts an increase of 4.19% from the current stock price of 321.85.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$249	$335.32	$335	$400
Change	-22.63%	+4.19%	+4.09%	+24.28%

Analyst Ratings

The average analyst rating for SHW stock from 22 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	7	8	9	9	8	8
Buy	5	5	6	6	6	6
Hold	8	7	7	7	7	7
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	21	21	23	23	22	22

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joshua Spector UBS	UBS	Strong Buy Maintains $385 → $355	Strong Buy	Maintains	$385 → $355	+10.30%	Jul 9, 2024
John McNulty BMO Capital	BMO Capital	Buy Maintains $377 → $360	Buy	Maintains	$377 → $360	+11.85%	Jun 12, 2024
Greg Melich Evercore ISI Group	Evercore ISI Group	Buy Maintains $360 → $365	Buy	Maintains	$360 → $365	+13.41%	May 14, 2024
Patrick Cunningham Citigroup	Citigroup	Strong Buy Maintains $390 → $370	Strong Buy	Maintains	$390 → $370	+14.96%	Apr 25, 2024
Kenneth Zener Keybanc	Keybanc	Hold → Buy Upgrades $400	Hold → Buy	Upgrades	$400	+24.28%	Apr 25, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

23.82B

from 23.05B

3.35%

from 23.05B

Revenue Next Year

24.92B

from 23.82B

4.62%

from 23.82B

EPS This Year

11.51

from 9.25

24.46%

from 9.25

EPS Next Year

12.88

from 11.51

11.91%

from 11.51

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	17.90B	18.36B	19.94B	22.15B	23.05B	23.82B	24.92B	26.25B	27.43B	28.63B
Revenue Growth	2.09%	2.57%	8.62%	11.05%	4.08%	3.35%	4.62%	5.33%	4.48%	4.38%
EPS	5.50	7.36	6.98	7.72	9.25	11.51	12.88	14.36	13.44	13.87
EPS Growth	41.39%	33.82%	-5.16%	10.60%	19.82%	24.46%	11.91%	11.44%	-6.38%	3.16%
Forward PE	-	-	-	-	-	27.96	24.98	22.42	23.94	23.21
No. Analysts	-	-	-	-	-	31	31	17	2	2

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	25.1B	26.5B	27.9B	28.5B	29.8B
Avg	23.8B	24.9B	26.3B	27.4B	28.6B
Low	22.9B	23.5B	24.9B	26.6B	27.8B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	8.9%	11.2%	11.9%	8.6%	8.5%
Avg	3.3%	4.6%	5.3%	4.5%	4.4%
Low	-0.6%	-1.5%	0.0%	1.4%	1.3%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	12.60	14.23	15.86	13.98	14.42
Avg	11.51	12.88	14.36	13.44	13.87
Low	10.78	11.89	12.78	13.04	13.46

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	36.2%	23.6%	23.1%	-2.7%	7.2%
Avg	24.5%	11.9%	11.4%	-6.4%	3.2%
Low	16.5%	3.3%	-0.8%	-9.2%	0.1%

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.