Procter & Gamble Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Procter & Gamble Co (NYSE:PG) will release earnings for its first quarter before the opening bell on Thursday, Oct. 22.

Analysts expect the Cincinnati, Ohio-based company to report quarterly earnings of $1.89 per share, down from $1.99 per share in the year-ago period. The consensus estimate for Procter & Gamble’s quarterly revenue is $22.82 billion. It reported $22.39 billion last year, according to Benzinga Pro.

On Oct. 15, P&G filed for debt shelf offering.

Shares of Procter & Gamble fell 1.6% to close at $156.84 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• RBC Capital analyst Nik Modi maintained an Outperform rating with a price target of $166 on Oct. 20, 2026. This analyst has an accuracy rate of 52%.
• Citigroup analyst Filippo Falorni maintained a Buy rating and raised the price target from $170 to $180 on Oct. 14, 2026. This analyst has an accuracy rate of 60%.
• Evercore ISI Group analyst Robert Ottenstein upgraded the stock from In-Line to Outperform and raised the price target from $161 to $166 on Oct. 6, 2026. This analyst has an accuracy rate of 58%.
• TD Cowen analyst Robert Moskow maintained a Hold rating with a price target of $150 on Sept. 30, 2026. This analyst has an accuracy rate of 66%.
• Argus Research analyst Taylor Conrad downgraded the stock from Buy to Hold on Aug. 7, 2026. This analyst has an accuracy rate of 53%.

Considering buying PG stock? Here’s what analysts think:

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