
PPG Industries (PPG) Stock Forecast & Price Target
PPG Industries (PPG) Analyst Ratings
Bulls say
PPG Indus is supported by a differentiated, broad coatings portfolio and a global footprint that lets it win share across aerospace, automotive, industrial, architectural, and DIY channels, with aerospace standing out as a durable growth engine given a robust $315 million backlog and an expected +7% industry CAGR for 2025-2028. Its fundamental outlook is also aided by self-help measures and sustainability-driven efficiency initiatives, including $150 million of manufacturing savings over 3 years, which should help offset softer pricing, raw material inflation, and volume headwinds while supporting margin expansion in FY25. At the same time, the company still faces mixed near-term demand because more than 60% of sales are exposed to persistent macro pressure, but that downside is partly cushioned by price/cost benefits, a strong Q1 adjusted EPS pre-announcement of $1.83 versus $1.65/$1.70 estimates, and expectations for Q2 organic sales and adjusted EPS to be flat to +lsd%.
Bears say
PPG Indus is viewed negatively because its diversified end-market exposure often acts as a drag rather than a cushion, with the company’s 9 different end markets frequently canceling each other out and leaving overall growth uneven. Its more cyclical businesses, including Auto OEM, Refinish, and Industrial, are expected to remain sluggish amid soft industrial and auto activity, while Architectural is likely to stay mixed and Europe remains soft even though there may be some stabilization or improvement through 2025. Despite approximately $15.9B in sales in 2025 and strength in Aerospace, Protective & Marine, Packaging, and Traffic, the stock appears fairly valued because price/cost and margin gains are already reflected, international softness and broader macroeconomic weakness still pressure volume growth, and a slow recovery in Auto OEM limits upside.
This aggregate rating is based on analysts' research of PPG Industries and is not a guaranteed prediction by Public.com or investment advice.
PPG Industries (PPG) Analyst Forecast & Price Prediction
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