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Air Products and Chemicals (APD) Stock Forecast & Price Target

Air Products and Chemicals logo
$308.27 +2.80 (+0.92%)
As of 08/28/2026 03:58 PM Eastern

Air Products and Chemicals - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
0
Hold
6
Buy
11

Based on 17 Wall Street analysts who have issued ratings for Air Products and Chemicals in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 17 analysts, 6 have given a hold rating, 10 have given a buy rating, and 1 has given a strong buy rating for APD.

Consensus Price Target

$332.76
7.95% Upside
According to the 17 analysts' twelve-month price targets for Air Products and Chemicals, the average price target is $332.76. The highest price target for APD is $373.00, while the lowest price target for APD is $265.00. The average price target represents a forecasted upside of 7.95% from the current price of $308.27.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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APD Analyst Ratings Over Time

TypeCurrent Forecast
8/29/25 to 8/29/26
1 Month Ago
7/30/25 to 7/30/26
3 Months Ago
5/31/25 to 5/31/26
1 Year Ago
8/29/24 to 8/29/25
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
10 Buy rating(s)
10 Buy rating(s)
10 Buy rating(s)
10 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$332.76$326.88$323.12$335.07
Forecasted Upside7.95% Upside9.05% Upside16.08% Upside13.89% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyModerate Buy

APD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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APD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Air Products and Chemicals Stock vs. The Competition

TypeAir Products and ChemicalsMaterials CompaniesBroader Market
Consensus Rating Score
2.71
2.57
2.53
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside7.95% Upside129.03% Upside13.05% Upside
News Sentiment Rating
Very Positive News

See Recent APD News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
8/6/2026
Arun Viswanathan
Arun Viswanathan
3 of 5 stars
Boost TargetOutperform$358.00 ➝ $360.00+20.57%
8/3/2026 Reiterated RatingHold$320.00+9.47%
8/3/2026
Morgan Stanley logo
Morgan Stanley
4 of 5 stars
Vincent Andrews
Vincent Andrews
2 of 5 stars
Set Target$320.00+9.47%
7/31/2026 DowngradeHold (C)Hold (C-)
7/31/2026Reiterated RatingOutperform$373.00+27.04%
7/31/2026Boost TargetOverweight$340.00 ➝ $350.00+16.76%
7/31/2026Boost TargetNeutral$315.00 ➝ $330.00+10.09%
7/31/2026Boost TargetNeutral$330.00 ➝ $336.00+13.61%
7/31/2026Boost TargetOutperform$345.00 ➝ $355.00+21.08%
7/10/2026 Reiterated RatingOutperform$342.00+13.99%
5/1/2026 UpgradeMarket PerformOutperform$360.00+19.86%
5/1/2026Boost TargetOverweight$310.00 ➝ $330.00+9.48%
4/21/2026Boost TargetNeutral$280.00 ➝ $303.00+1.93%
4/20/2026 Set TargetHoldBuy$350.00+20.05%
2/2/2026Boost TargetBuy$300.00 ➝ $313.00+14.84%
12/11/2025Lower TargetBuy$317.00 ➝ $265.00+12.15%
12/8/2025Reiterated RatingOutperform$315.00+29.22%
10/1/2025 Set Target$335.00+22.79%
5/2/2025Lower TargetOverweight$355.00 ➝ $325.00+18.44%
2/11/2025UpgradeStrong-Buy
10/25/2024UpgradeSellNeutral$330.00+2.48%
10/7/2024 UpgradeHoldBuy$336.00+10.53%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:26 PM ET.


Should I Buy Air Products and Chemicals Stock? APD Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 27, 2026. Please send any questions or comments about these Air Products and Chemicals pros and cons to contact@marketbeat.com.

Air Products and Chemicals
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Air Products and Chemicals, Inc.:

  • The company reported earnings per share of $3.47 for the latest quarter, exceeding analysts' expectations, which indicates strong financial performance and potential for growth.
  • Air Products and Chemicals, Inc. has a positive return on equity of 16.87%, suggesting effective management and profitability relative to shareholder equity.
  • Recent revenue growth of 4.6% year-over-year demonstrates the company's ability to expand its market presence and increase sales.
  • The current stock price is around $330, reflecting a favorable valuation compared to its projected earnings, which could attract investors looking for growth opportunities.
  • The company has a solid dividend yield of 2.4%, providing a steady income stream for investors, despite a high dividend payout ratio indicating aggressive reinvestment strategies.

Air Products and Chemicals
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Air Products and Chemicals, Inc. for these reasons:

  • The company has a negative net margin of 0.38%, which may raise concerns about its profitability and cost management.
  • Despite recent revenue growth, the latest quarter's revenue of $3.16 billion fell short of analysts' expectations, indicating potential challenges in meeting market demands.
  • The dividend payout ratio is extremely high at -3,290.91%, which could signal unsustainable dividend payments and potential cuts in the future.
  • Analysts have mixed ratings on the stock, with some assigning only a Hold rating, suggesting uncertainty about its future performance.
  • Market volatility and economic conditions could impact the industrial gas sector, affecting Air Products and Chemicals, Inc.'s growth prospects.

APD Forecast - Frequently Asked Questions

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Air Products and Chemicals is $332.76, with a high forecast of $373.00 and a low forecast of $265.00.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Air Products and Chemicals in the last twelve months. There are currently 6 hold ratings, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" APD shares.

According to analysts, Air Products and Chemicals's stock has a predicted upside of 7.95% based on their 12-month stock forecasts.

Over the previous 90 days, Air Products and Chemicals's stock had 1 downgrade by analysts.

Air Products and Chemicals has been rated by research analysts at Citigroup, Deutsche Bank Aktiengesellschaft, Evercore, Mizuho, Morgan Stanley, Royal Bank Of Canada, Sanford C. Bernstein, UBS Group, Weiss Ratings, and Wells Fargo & Company in the past 90 days.

Analysts like Air Products and Chemicals more than other "materials" companies. The consensus rating score for Air Products and Chemicals is 2.71 while the average consensus rating score for "materials" companies is 2.57. Learn more on how APD compares to other companies.


MarketBeat monitors more than a dozen sources for Air Products and Chemicals analyst ratings, with the most recent rating issued on 8/6/2026.
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