PPG Industries, Inc. (PPG) earnings on April 28, 2026
More PPG Industries, Inc. earnings
Prior outlook: Optimistic Outcome: Missed
PPG shares fell 2.7% after releasing quarterly results, dropping as low as -3.4% during the day. Investors had expected good results, but the stock declined anyway.
PPG price around the earnings
104.74
Change: -2.7%
2026-04-29, 19:59 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Optimistic Outcome: Missed
- Thesis published
Positive momentum, analysts expect modest upside.
Experts see positive momentum and encouraging news about energy-efficient technology, suggesting a constructive outlook for the stock.
Context analyzed before publication
- Summary
- Positive momentum; analysts are modestly optimistic.
- Playbook
- Momentum and analyst sentiment appear supportive of the position.
- Trend
- Slightly more positive momentum into earnings.
Analysts
Drivers
-
Analysts
Positive
Analysts generally rate the stock as 'Hold/Neutral' with a moderately optimistic outlook. One firm, RBC Capital, has recently increased its price target.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 2.26
- Analysts covering the stock
- 20
- Average price target
- 122
- Lowest price target
- 105
- Highest price target
- 135
- Upside to price target
- 10%
- Revenue growth
- 5%
- Forward EPS
- 8.59
- Trailing EPS
- 6.92
- Analyst moves in the last 60 days
- 6
- Strong buy: 1
- Buy: 8
- Hold: 14
- Sell: 0
- Strong sell: 0
- Strong buy
- 1
- Buy
- 8
- Hold
- 14
- Sell
- 0
- Strong sell
- 0
- April 16, 2026 · RBC Capital: Maintains rating (Sector Perform → Sector Perform)
- April 10, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
- April 2, 2026 · UBS: Maintains rating (Neutral → Neutral)
- April 1, 2026 · Citigroup: Downgrades rating (Buy → Neutral)
- March 23, 2026 · Mizuho: Maintains rating (Outperform → Outperform)
- March 19, 2026 · RBC Capital: Maintains rating (Sector Perform → Sector Perform)
News and sentiment
Drivers
-
News & sentiment
Neutral
There is positive news about investments in energy-efficient coating technology. However, extremely high optimism from retail investors on low market review volume might suggest excessive enthusiasm.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (10)
- PPG Invests In Energy-Efficient Coating Tech That Cuts Emissions And Boosts Production Speed — Benzinga
- RBC Capital Maintains Sector Perform on PPG Indus, Raises Price Target to $119 — Benzinga
- PepsiCo, PPG Industries And 3 Stocks To Watch Heading Into Thursday — Benzinga
- PPG Stock Pops On Preliminary Q1 Results, Global Price Increases — Benzinga
- PPG Acquires Ozark Materials From Ingevity; All-Cash Transaction Includes Purchase Price Of $65M — Benzinga
- PPG Indus Sees Q1 Adj EPS $1.83 vs $1.71 Est — Benzinga
- PPG Indus Sees Q1 GAAP EPS $1.70 vs $1.59 Est — Benzinga
- PPG Announces Preliminary Q1 2026 EPS $1.70, Adjusted EPS $1.83 Vs $1.71 Est. — Benzinga
- PPG Industries Announces Global Price Hikes Up To 20% Amid Rising Input And Logistics Costs — Benzinga
- Wells Fargo Maintains Overweight on PPG Indus, Lowers Price Target to $130 — Benzinga
Technicals
Drivers
-
Technical
Positive
The stock is showing strong upward price movement over the past 14 and 30 days, performing better than the broader market.
Evidence
- Average true range (ATR)
- 3.3%
- Distance to 52-week high
- -16.9%
- 14-day change (14d)
- +4.2%
- 30-day change
- +4.8%
- 30-day relative strength
- +1.0%
- Benchmark change
- +3.8%
- Nearest support
- 96.1
- Nearest resistance
- 118.3
- Volume accumulation ratio
- 1.04
Trends
Evidence
- Average earnings surprise
- +1.0%
- January 27, 2026: actual EPS 1.51 vs estimate 1.58 (surprise -4.4%)
- October 28, 2025: actual EPS 2.13 vs estimate 2.08 (surprise +2.3%)
- July 29, 2025: actual EPS 2.22 vs estimate 2.22 (surprise -0.0%)
- April 29, 2025: actual EPS 1.72 vs estimate 1.62 (surprise +6.0%)
Expected move
There is no implied-move data available for this event.
Reactions over its last 18 earnings
- Median move
- 3.1%
- 75th percentile move
- 5.3%
- 90th percentile move
- 5.8%
- Up / down moves
- 7 / 11
- Average up move
- +3.1%
- Average down move
- -3.4%
Monitoring and close
What PPG Industries, Inc. reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Missed
- Consolidated
- -2.7%
- Max favorable move (MFE)
- 0%
- Max adverse move (MAE)
- 3.4%