Should I Buy PPG? PPG 2026 Analysis

Should You Buy PPG Industries Inc (PPG) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

126.510

1 Day change

1.68%

52 Week Range

126.740

Analysis Updated At

2026/01/30

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PPG is not a good buy right now at ~~$117.31 for an impatient buyer because the stock is extended/near-term overbought and pressing key resistance (~~117.45), which raises the odds of a pullback or churn after earnings. The medium-term setup is constructive (bullish trend + improving Street confidence), but the risk/reward at this exact level is less favorable for an immediate entry.

Technical Analysis

Trend & momentum: Bullish. Moving averages are aligned positively (SMA_5 > SMA_20 > SMA_200) and MACD histogram is +0.44 and expanding, confirming upward momentum. Overbought/entry risk: RSI(6) ~74, which is stretched and often precedes short-term consolidation. Levels: Pivot 112.38. Current price 117.31 is just below R2 117.45 (near-term ceiling). A clean break/hold above ~117.45 would be bullish; failure here increases odds of a fade back toward ~115.51 (R1) or the 112–113 pivot area. Pattern-based odds (provided): ~70% chance of +1.43% next day, -0.4% next week, +9.46% next month—this supports a bullish 1-month bias but mixed near-term follow-through.

Intellectia Proprietary Trading Signals

AI Stock Picker: No signal on given stock today.
SwingMax: No signal on given stock recently.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Sentiment: Bullish tilt. Put/call ratios are low on both open interest (0.44) and volume (0.67), suggesting more call positioning than put demand. Volatility: 30D IV 13.77 with IV percentile ~75.2 (relatively elevated vs its own history), which often implies the market is still pricing meaningful post-earnings/forward uncertainty. Activity: Today’s option volume (505) is below the 5D/10D averages (551/1029), suggesting no major surge in fresh conviction today.

Technical Summary

Sell

Buy

Positive Catalysts

- Street narrative improving: Multiple firms raised price targets after Q4 and highlighted multi-year acceleration potential (aerospace coatings, share gains, mix).
- Revenue beat in Q4 and management outlook for 2026 remains positive despite cost pressures.
- Technical trend is clearly bullish (MA stack + positive MACD), supporting higher prices over a 1-month horizon if resistance breaks.

Neutral/Negative Catalysts

~74 and price is pressing resistance near 117.45, increasing pullback/consolidation risk for an immediate buy.

Financial Performance

Latest quarter: 2025/Q4.

Revenue: 3.914B, up +80.79% YoY (as provided).
Net income: 300M, down -207.14% YoY (as provided).
EPS: 1.33, down -209.92% YoY (as provided).
Gross margin: 37.4%, up +21.39% YoY (as provided). Takeaway: Top-line and margin data indicate improvement, but the provided net income/EPS show a sharp decline, consistent with the narrative that costs/headwinds are still impacting earnings quality even as sales hold up.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Recent trend: Strongly improving targets and generally positive bias after Q4.

Upward PT revisions (mostly): JPMorgan to 126 (Overweight), BMO to 135 (Outperform), Wells Fargo to 135 (Overweight), Goldman to 132 (Buy), Citi to 132 (Buy), Mizuho to 125 (Outperform), UBS to 122 (Neutral), RBC to 115 (Sector Perform). Wall Street pros: Share gains, resilient core segment growth, aerospace strength, and potential multi-year growth acceleration; several firms see multiple expansion potential. Wall Street cons: Near-term challenges (refinish destocking, industrial headwinds), higher costs, and some skepticism on guidance versus Street (Neutral/Sector Perform holdouts). Influential/political trading: No recent congress trading data available; hedge fund and insider activity reported as Neutral (no significant trends).

13 Analyst Rating

Wall Street analysts forecast PPG stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PPG is 116.92 USD with a low forecast of 109 USD and a high forecast of 130 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

6 Buy

7 Hold

0 Sell

Moderate Buy

Current: 124.420

Low

109

Averages

116.92

High

130

Current: 124.420

Low

109

Averages

116.92

High

130

Bernstein

Outperform

maintain

$123 -> $130

AI Analysis

2026-01-30

Reason

Bernstein

Price Target

$123 -> $130

AI Analysis

2026-01-30

maintain

Outperform

Reason

Bernstein raised the firm's price target on PPG to $130 from $123 and keeps an Outperform rating on the shares. The firm notes PPG's Q4 print was well received by the market despite the EPS miss. Bernstein still likes the set-up at PPG.

JPMorgan

Jeffrey Zekauskas

Overweight

maintain

$117 -> $126

2026-01-29

Reason

JPMorgan

Jeffrey Zekauskas

Price Target

$117 -> $126

2026-01-29

maintain

Overweight

Reason

JPMorgan analyst Jeffrey Zekauskas raised the firm's price target on PPG to $126 from $117 and keeps an Overweight rating on the shares. The firm sees "hits and misses" in the company's Q4 report. However, investors will perceive PPG as a company with an accelerating growth rate over a multi-year period, the analyst tells investors in a research note. The firm sees the stock's multiple rising above its historical average as PPG laps a "very difficult year" in its auto refinish business and continues to grow in aerospace coatings.

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PPG Should I Buy

PPG Should I Buy

Should You Buy PPG Industries Inc (PPG) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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