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Investors in PPG Industries typically look for steady innovation, strong global presence, and management’s ability to drive growth through product launches and strategic expansion. The recent roll-out of the PPG VELOCITY refinish system underscores this focus but is unlikely to materially change near-term catalysts or ease the major risk from soft US and European auto production, which still weighs on the Industrial Coatings segment outlook.
Against this backdrop, the latest industry recognition, honoring PPG’s Patrick O’Neill with a Lifetime Achievement Award for pioneering lead-free electrocoat technology, directly ties to the company’s push for advanced, compliant coatings. This ongoing leadership in sustainability and product innovation supports existing revenue growth initiatives, yet doesn’t fully offset macroeconomic pressures facing several business lines.
In contrast, investors should be aware that foreign currency headwinds continue to …
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PPG Industries' outlook forecasts $16.9 billion in revenue and $2.0 billion in earnings by 2028. This assumes 2.7% annual revenue growth and a $0.7 billion increase in earnings from the current level of $1.3 billion.
Uncover how PPG Industries' forecasts yield a $127.35 fair value, a 15% upside to its current price.
Fair value estimates from three Simply Wall St Community members for PPG range from US$127.35 to US$165.08 per share. While many see promise in PPG’s innovation efforts, opinions vary widely, prompting you to weigh both currency volatility and competitive innovation as you consider the company’s performance outlook.
Explore 3 other fair value estimates on PPG Industries - why the stock might be worth just $127.35!
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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