PPG Industries (PPG) Stock Forecast & Price Target

$122.66 +0.31 (+0.25%)

Closing price 11/13/2026 03:59 PM Eastern

Extended Trading

$122.22 -0.43 (-0.35%)

As of 11/13/2026 07:31 PM Eastern

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PPG Industries - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 17 Analyst Ratings

Sell
0

Hold
8

Buy
9

Based on 17 Wall Street analysts who have issued ratings for PPG Industries in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 17 analysts, 8 have given a hold rating, and 9 have given a buy rating for PPG.

Consensus Price Target

$128.29
4.60% Upside

According to the 17 analysts' twelve-month price targets for PPG Industries, the average price target is $128.29. The highest price target for PPG is $138.00, while the lowest price target for PPG is $110.00. The average price target represents a forecasted upside of 4.60% from the current price of $122.66.

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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PPG Analyst Ratings Over Time

Type	Current Forecast 11/14/25 to 11/14/26	1 Month Ago 10/15/25 to 10/15/26	3 Months Ago 8/16/25 to 8/16/26	1 Year Ago 11/14/24 to 11/14/25
Strong Buy	0 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	9 Buy rating(s)	8 Buy rating(s)	7 Buy rating(s)	6 Buy rating(s)
Hold	8 Hold rating(s)	9 Hold rating(s)	10 Hold rating(s)	8 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$128.29	$126.12	$126.00	$123.18
Forecasted Upside	4.60% Upside	16.98% Upside	10.54% Upside	26.94% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Hold	Hold

PPG 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.

PPG 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.

PPG Industries Stock vs. The Competition

Type	PPG Industries	Materials Companies	Broader Market
Consensus Rating Score	2.53	2.55	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	4.60% Upside	90.68% Upside	14.67% Upside
News Sentiment Rating	Positive News See Recent PPG News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

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Upside/Downside

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Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
10/29/2026	Sanford C. Bernstein 3 of 5 stars	James Hooper Not Rated	Reiterated Rating	Outperform	$137.00	+14.75%
10/29/2026	KeyCorp 3 of 5 stars	Salvator Tiano Not Rated	Boost Target	Overweight	$128.00 ➝ $131.00	+10.38%
10/29/2026	JPMorgan Chase & Co. 3 of 5 stars	Jeffrey Zekauskas 3 of 5 stars	Boost Target	Overweight	$125.00 ➝ $130.00	+8.22%
10/29/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access to unlock brokerage rankings	Arun Viswanathan Subscribe to MarketBeat All Access to unlock analyst rankings	Boost Target	Sector Perform	$115.00 ➝ $123.00	+2.39%
10/29/2026	Citigroup Subscribe to MarketBeat All Access to unlock brokerage rankings	Patrick Cunningham Subscribe to MarketBeat All Access to unlock analyst rankings	Boost Target	Neutral	$118.00 ➝ $130.00	+8.22%
10/29/2026	UBS Group Subscribe to MarketBeat All Access to unlock brokerage rankings	Joshua Spector Subscribe to MarketBeat All Access to unlock analyst rankings	Boost Target	Neutral	$116.00 ➝ $123.00	+3.10%
10/29/2026	Barclays Subscribe to MarketBeat All Access to unlock brokerage rankings	Aleksey Yefremov Subscribe to MarketBeat All Access to unlock analyst rankings	Boost Target	Overweight	$136.00 ➝ $137.00	+14.80%
10/29/2026	Wells Fargo & Company Subscribe to MarketBeat All Access to unlock brokerage rankings	Abigail Eberts Subscribe to MarketBeat All Access to unlock analyst rankings	Boost Target	Overweight	$130.00 ➝ $135.00	+13.35%
10/9/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access to unlock brokerage rankings	Duffy Fischer Subscribe to MarketBeat All Access to unlock analyst rankings	Reiterated Rating	Buy	$128.00	+22.25%
9/14/2026	Weiss Ratings Subscribe to MarketBeat All Access to unlock brokerage rankings		Reiterated Rating	Hold (C)
Get the Latest News and Ratings for PPG and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for PPG Industries and its competitors with MarketBeat's FREE daily newsletter.
7/17/2026	Bank of America Subscribe to MarketBeat All Access to unlock brokerage rankings	Steve Byrne Subscribe to MarketBeat All Access to unlock analyst rankings	Upgrade	Neutral ➝ Buy	$127.00 ➝ $134.00	+12.77%
7/6/2026	BMO Capital Markets Subscribe to MarketBeat All Access to unlock brokerage rankings	John McNulty Subscribe to MarketBeat All Access to unlock analyst rankings	Lower Target	Outperform	$140.00 ➝ $138.00	+10.14%
7/1/2026	Mizuho Subscribe to MarketBeat All Access to unlock brokerage rankings	John Roberts Subscribe to MarketBeat All Access to unlock analyst rankings	Boost Target	Outperform	$125.00 ➝ $135.00	+11.36%
4/30/2026	BNP Paribas Exane Subscribe to MarketBeat All Access to unlock brokerage rankings		Boost Target		$115.00 ➝ $116.00	+6.72%
3/27/2026	Deutsche Bank Subscribe to MarketBeat All Access to unlock brokerage rankings		Boost Target		$120.00 ➝ $130.00	+22.08%
3/26/2026	Jefferies Financial Group Subscribe to MarketBeat All Access to unlock brokerage rankings		Lower Target	Hold	$125.00 ➝ $116.00	+8.93%
2/18/2026	Evercore Subscribe to MarketBeat All Access to unlock brokerage rankings	Stephen Richardson Subscribe to MarketBeat All Access to unlock analyst rankings	Boost Target		$112.00 ➝ $128.00	+1.13%
1/23/2026	Zacks Research Subscribe to MarketBeat All Access to unlock brokerage rankings		Upgrade	Strong Sell ➝ Hold
12/4/2025	Berenberg Bank Subscribe to MarketBeat All Access to unlock brokerage rankings		Lower Target	Hold	$131.00 ➝ $110.00	+8.85%
5/1/2025	Fermium Researc Subscribe to MarketBeat All Access to unlock brokerage rankings	F. Mitsch Subscribe to MarketBeat All Access to unlock analyst rankings	Upgrade	Strong-Buy
3/10/2025	Argus Subscribe to MarketBeat All Access to unlock brokerage rankings	Bill Selesky Subscribe to MarketBeat All Access to unlock analyst rankings	Downgrade	Buy ➝ Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:26 AM ET.

Should I Buy PPG Industries Stock? PPG 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 Tuesday, November 10, 2026. Please send any questions or comments about these PPG Industries pros and cons to contact@marketbeat.com.

PPG Industries
Bull Case

Here are some ways that investors could benefit from investing in PPG Industries, Inc.:

PPG Industries, Inc. recently reported third-quarter earnings that exceeded analyst expectations, posting $2.25 in earnings per share against a consensus estimate of $2.12, while revenue of $4.35 billion also surpassed the projected $4.28 billion, demonstrating strong operational performance and the ability to drive top-line growth of 6.6% year-over-year.
The company has a robust dividend profile with a current yield of 2.36%, and it recently declared a quarterly dividend of $0.74 per share to be paid on December 11th, offering a reliable income stream for investors given its payout ratio of 42.29% which leaves room for future growth.
Analyst sentiment has improved significantly following the latest earnings, with the consensus rating shifting to a Moderate Buy and the consensus price target rising to $128.29, which is above the current stock price of $124.41, suggesting potential for further capital appreciation.
PPG Industries, Inc. is benefiting from strong demand in its aerospace coatings segment, with sales expected to exceed $2 billion this year, and the company has successfully implemented commercial pricing actions that fully offset cost inflation within six months, protecting its profit margins.
The stock is trading at a price-to-earnings ratio of 16.02, which is relatively reasonable for a company with a return on equity of 20.90% and a net margin of 9.41%, indicating that the current valuation may not fully reflect the company's strong profitability and financial health.

PPG Industries
Bear Case

Investors should be bearish about investing in PPG Industries, Inc. for these reasons:

Short interest in PPG Industries, Inc. has been increasing, with shares shorted rising to 7,003,303 as of the most recent record date, representing a 4.87% month-over-month increase, which suggests that a growing number of traders are betting against the stock's future performance.
Several major institutional investors have reduced their positions in the company during the third quarter, including Beutel Goodman & Co Ltd. which sold 221,485 shares and Pzena Investment Management LLC which lowered its stake by 0.4%, indicating a potential lack of confidence among large holders.
Corporate insiders have been selling shares, with VP Chancey Hagerty selling 2,500 shares on November 4th and CFO Vincent J Morales selling all of his remaining shares in February, which can be interpreted as a signal that company leadership may not see the current stock price as undervalued.
The stock is currently trading at $124.41, which is below its 52-week high of $133.43 and has experienced a recent price drop of $0.90 from the previous close, suggesting that the stock may be facing short-term headwinds or a correction after a period of growth.
While the company has strong earnings, the consensus rating has been mixed in the past, with several analysts maintaining a Hold rating and price targets that are only slightly above the current stock price, indicating that the upside potential may be limited in the near term.

PPG Forecast - Frequently Asked Questions

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for PPG Industries is $128.29, with a high forecast of $138.00 and a low forecast of $110.00.

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PPG Industries in the last year. There are currently 8 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PPG shares.

According to analysts, PPG Industries's stock has a predicted upside of 4.60% based on their 12-month stock forecasts.

Over the previous 90 days, PPG Industries's stock had 1 upgrade by analysts.

PPG Industries has been rated by research analysts at Barclays, Citigroup, JPMorgan Chase & Co., KeyCorp, Royal Bank Of Canada, Sanford C. Bernstein, The Goldman Sachs Group, UBS Group, Weiss Ratings, and Wells Fargo & Company in the past 90 days.

Analysts like PPG Industries less than other "materials" companies. The consensus rating score for PPG Industries is 2.53 while the average consensus rating score for "materials" companies is 2.55. Learn more on how PPG compares to other companies.

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MarketBeat monitors more than a dozen sources for PPG Industries analyst ratings, with the most recent rating issued on 10/29/2026.

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PPG Industries (PPG) Stock Forecast & Price Target