WallStSmart
FERG

Ferguson Plc

NYSE: FERG · INDUSTRIALS · INDUSTRIAL DISTRIBUTION

$256.16
-0.78% today

Updated 2026-04-29

Market cap
$52.92B
P/E ratio
25.97
P/S ratio
1.72x
EPS (TTM)
$10.15
Dividend yield
1.57%
52W range
$163 – $271
Volume
1.4M

Ferguson Plc (FERG) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$256.16
Consensus
$270.46
+5.58%
2030 Target
$2,585.77
+909.44%
DCF
$193.77
-37.98% MoS
13 analysts:
8 Buy2 Hold0 Sell

Management guidance

Ferguson issued FY2026 guidance of $33.26B revenue (8.0% growth from $30.80B TTM), with management emphasizing strong positioning in non-residential data center construction and expanded total addressable market for large capital projects. Management highlighted confidence in medium-term growth targets driven by data center proximity advantages and accretive capital deployment strategy.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$4,301.78
$43.2B Rev × 20x P/S
Base case (2030)
$2,585.77
$43.2B Rev × 12x P/S
Bear case (2030)
$1,716.01
$43.2B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$29.7B$29.6B$30.8B$33.3B$35.2B$37.5B$40.1B$43.2B
Revenue growth-0.3%3.8%8.0%5.9%6.3%7.1%7.7%
EPS$9.83$9.69$2.84$11.42$12.61$13.95$15.32$16.85
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$1,998.10$2,115.63$2,233.17$2,397.71$2,585.77

Catalysts & risks

Growth catalysts
+ Data center construction boom — 75% of planned DC builds within 30 miles of Ferguson stores, 90% within 60 miles
+ S&P 500 inclusion potential with strong market positioning and institutional ownership at 95.15%
+ Non-residential segment strength offsetting U.S. residential market weakness; margin expansion opportunities
Key risks
- U.S. residential market weakness impacting HVAC and plumbing demand; EPS estimates missed in recent quarters
- High debt load (Debt/Equity 1.03) limits financial flexibility in economic downturns
- Cyclical exposure to construction spending; geopolitical uncertainty and macroeconomic headwinds

Methodology

Ferguson Plc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 13 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.