PPG Industries holds a mixed analyst scorecard, shares trade near 119 dollars on NYSE

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 17:59.

PPG Industries (US6935061076) sits in the crosshairs of Wall Street research on the NYSE, with several major houses updating their views and price targets this week. The latest revisions cluster around the 110 to 130 dollar range, according to a Benzinga-based analyst summary.

What the recent analyst moves show

A Citigroup analyst downgraded PPG Industries from Buy to Neutral and lowered the price target from 132 to 113 dollars, according to a TrendSpider aggregation of Benzinga analyst notes. Wells Fargo still rates the shares Overweight but trimmed its target from 135 to 130 dollars in the same feed.

UBS keeps a Neutral stance while cutting its target from 122 to 110 dollars, following the same analyst summary stream that tracks changes across S&P 500 names including Sherwin-Williams as a sector peer. Mizuho remains Outperform on PPG but reduced its target from 140 to 115 dollars, highlighting a more cautious stance on coatings demand in the near term per the Benzinga notes.

Consensus landscape and earnings expectations

MarketBeat data show that PPG Industries is scheduled to report its next quarterly earnings in mid-July 2026, with the precise date still labeled as estimated in the earnings overview. The same overview lists a consensus around mid-single-digit year-on-year revenue growth and modest margin expansion expectations for the coming quarter, based on compiled analyst forecasts on the MarketBeat earnings page for PPG.

According to the same source, PPG has delivered a mixed pattern of recent earnings surprises, with one small beat and one slight miss over the last two quarters. The current consensus EPS for the upcoming report stands in the mid-2 dollar range, reflecting cautious optimism in comparison with other coatings makers such as Sherwin-Williams and Axalta that also face cyclical headwinds.

The business behind the stock

PPG Industries generates most of its revenue from paints, coatings and specialty materials for automotive OEMs, refinish shops, aerospace, industrial clients and architectural applications worldwide. Its portfolio includes well-known brands such as PPG automotive refinish paints and protective and marine coatings used on commercial aircraft and infrastructure, according to the company’s latest product overview on its website.

Where the stock trades today

PPG Industries shares (US6935061076) trade on the NYSE and last changed hands at around 118.77 dollars on 2026-06-23, according to recent consolidated price data from StockScan and other market-data providers.

Disclaimer: This article is for informational purposes only and does not constitute investment advice, investment recommendation or an offer or solicitation to buy or sell any securities. Investors should conduct their own research and consider their individual financial situation before making investment decisions.