PPG INDUSTRIES INC (PPG) Forecast, Price Target & Analyst Ratings

NYSE:PPG • US6935061076

Current stock price

110.23 USD
-0.1 (-0.09%)
At close:
110.23 USD
0 (0%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for PPG INDUSTRIES INC (PPG).

Forecast Snapshot

Consensus Price Target

Price Target
$123.59
+ 12.12% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 28, 2026
Period
Q1 / 2026
EPS Estimate
$1.73
Revenue Estimate
3.88B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
72.67%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$123.59
Upside
+ 12.12%
From current price of $110.23 to mean target of $123.59, Based on 30 analyst forecasts
Low
$106.05
Median
$122.40
High
$141.75

Price Target Revisions

1 Month
-2.63%
3 Months
1.96%

Price Target Summary

30 Wall Street analysts provided a forecast for the next 12 months for PPG. The average price target is 123.59 USD. This implies a price increase of 12.12% is expected in the next year compared to the current price of 110.23.
The average price target has been revised upward by 1.96% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

PPG Current Analyst RatingPPG Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10

Analyst Ratings History

PPG Historical Analyst RatingsPPG Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30

Analyst Ratings Consensus

ChartMill Buy Consensus
72.67%
PPG was analyzed by 30 analysts. The buy percentage consensus is at 73. So analysts seem to be have mildly positive about PPG.
In the previous month the buy percentage consensus was at a similar level.
PPG was analyzed by 30 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-04-10Wells FargoMaintains Overweight -> Overweight
2026-04-02UBSMaintains Neutral -> Neutral
2026-04-01CitigroupDowngrade Buy -> Neutral
2026-03-23MizuhoMaintains Outperform -> Outperform
2026-03-19RBC CapitalMaintains Sector Perform -> Sector Perform
2026-02-18Evercore ISI GroupMaintains In-Line -> In-Line
2026-02-12MizuhoMaintains Outperform -> Outperform
2026-01-29UBSMaintains Neutral -> Neutral
2026-01-29RBC CapitalMaintains Sector Perform -> Sector Perform
2026-01-29Wells FargoMaintains Overweight -> Overweight
2026-01-29JP MorganMaintains Overweight -> Overweight
2026-01-29Goldman SachsMaintains Buy -> Buy
2026-01-29CitigroupMaintains Buy -> Buy
2026-01-29JefferiesMaintains Hold -> Hold
2026-01-28MizuhoMaintains Outperform -> Outperform
2025-12-18CitigroupMaintains Buy -> Buy
2025-11-21JP MorganMaintains Overweight -> Overweight
2025-11-11Evercore ISI GroupMaintains In-Line -> In-Line
2025-10-30UBSMaintains Neutral -> Neutral
2025-10-30Wells FargoMaintains Overweight -> Overweight
2025-10-16JP MorganUpgrade Neutral -> Overweight
2025-10-14B of A SecuritiesMaintains Neutral -> Neutral
2025-10-10Wells FargoMaintains Overweight -> Overweight
2025-10-06UBSMaintains Neutral -> Neutral
2025-10-06CitigroupMaintains Buy -> Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 28, 2026
Period
Q1 / 2026
EPS Estimate
$1.73
Revenue Estimate
3.88B
Revenue Q2Q
5.32%
EPS Q2Q
0.43%
Number of Analysts
21

Next Earnings Revisions

Revenue (1 Month)
0.03%
Revenue (3 Months)
1.81%
EPS (1 Month)
-0.10%
EPS (3 Months)
-3.34%

Next Earnings Summary

PPG is expected to report earnings on 4/28/2026. The consensus EPS estimate for the next earnings is 1.73 USD and the consensus revenue estimate is 3.88B USD.
The next earnings revenue estimate has been revised upward by 1.81% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2033

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
PPG revenue by date.PPG revenue by date.
16.242B
4.02%		15.845B
-2.44%		15.875B
0.19%		16.589B
4.50%		17.095B
3.05%		17.634B
3.15%		18.12B
2.76%		19.627B
8.32%		20.38B
3.84%		21.128B
3.67%		21.863B
3.48%
EBITDA
YoY % growth
PPG ebitda by date.PPG ebitda by date.
2.748B
24.51%		2.749B
0.04%		2.679B
-2.55%		2.9B
8.25%		3.066B
5.72%		3.275B
6.82%		3.395B
3.66%		3.763B
10.84%		3.914B
4.01%		4.027B
2.89%		4.091B
1.59%
EBIT
YoY % growth
PPG ebit by date.PPG ebit by date.
2.19B
32.49%		2.257B
3.06%		2.151B
-4.70%		2.459B
14.32%		2.642B
7.44%		2.787B
5.49%		2.824B
1.33%		3.175B
12.43%		3.311B
4.28%		3.407B
2.90%		3.455B
1.41%
Operating Margin
PPG operating margin by date.PPG operating margin by date.
13.48%14.24%13.55%14.82%15.45%15.80%15.58%16.18%16.25%16.13%15.80%
EPS
YoY % growth
PPG eps by date.PPG eps by date.
7.67
26.57%		8.10
5.61%		7.58
-6.42%		7.95
4.92%		8.62
8.41%		9.49
10.02%		10.34
8.98%		11.46
10.89%		12.19
6.34%		12.59
3.31%		12.92
2.57%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		1.73
0.43%		2.27
2.28%		2.22
4.10%		1.72
13.73%		1.90
9.92%		2.46
8.53%		2.43
9.44%		2.01
17.33%		2.13
12.23%		2.81
13.93%		2.67
9.89%		2.13
5.76%
Revenue
Q2Q % growth		3.88B
5.32%		4.381B
4.43%		4.267B
4.53%		4.078B
4.19%		4.026B
3.76%		4.546B
3.77%		4.398B
3.07%		4.226B
3.63%		4.266B
5.96%		4.746B
4.40%		4.54B
3.23%		4.416B
4.50%
EBITDA
Q2Q % growth		641.51M
6.56%		803.15M
-9.76%		781.15M
-20.37%		637.43M
-34.76%		688.09M
7.26%		863.83M
7.56%		839.16M
7.43%		702.03M
10.13%		755.16M
9.75%		944.14M
9.30%		892.82M
6.39%		739.87M
5.39%
EBIT
Q2Q % growth		533.77M
10.97%		693.15M
9.33%		667.59M
13.73%		517.68M
15.30%		554.93M
3.96%		733.5M
5.82%		703.82M
5.43%		569.79M
10.07%		606.62M
9.31%		794.58M
8.33%		744.29M
5.75%		595.44M
4.50%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

PPG Yearly Revenue VS EstimatesPPG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5B 10B 15B 20B
PPG Yearly EPS VS EstimatesPPG Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2 4 6 8 10

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
7.76%
EPS Next 5 Year
8.62%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
3.50%
Revenue Next 5 Year
4.30%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
11.99%
EBIT Next 5 Year
10.04%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

PPG INDUSTRIES INC / PPG Forecast FAQ

What is the price target for PPG stock?

30 analysts have analysed PPG and the average price target is 123.59 USD. This implies a price increase of 12.12% is expected in the next year compared to the current price of 110.23.

What is the next earnings date for PPG stock?

PPG INDUSTRIES INC (PPG) will report earnings on 2026-04-28, after the market close.

What are the consensus estimates for PPG INDUSTRIES INC (PPG) next earnings?

The consensus EPS estimate for the next earnings of PPG INDUSTRIES INC (PPG) is 1.73 USD and the consensus revenue estimate is 3.88B USD.

What is the number of analysts for PPG stock?

The number of analysts covering PPG INDUSTRIES INC (PPG) is 30.