WallStSmart
SHW

Sherwin-Williams Co

NYSE: SHW · BASIC MATERIALS · SPECIALTY CHEMICALS

$321.61
+1.18% today

Updated 2026-04-30

Market cap
$83.67B
P/E ratio
32.88
P/S ratio
3.55x
EPS (TTM)
$10.27
Dividend yield
0.94%
52W range
$302 – $378
Volume
1.7M

Sherwin-Williams Co (SHW) Financial Forecast & Price Target 2030

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

Price target summary

Current
$321.61
Consensus
$384.64
+19.60%
2030 Target
$1,423.76
+342.70%
DCF
$353.32
+8.22% MoS
11 analysts:
7 Buy1 Hold1 Sell

Management guidance

Management provided cautious 2026 outlook citing difficult housing market predictability. CEO guidance indicates continued EPS growth to $11.90 in FY 2026 and $13.49 in FY 2027, driven by new store openings, Suvinil acquisition, and $46M cost savings program rather than housing recovery. No specific revenue targets provided by management.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$2,372.92
$29.6B Rev × 20x P/S
Base case (2030)
$1,423.76
$29.6B Rev × 12x P/S
Bear case (2030)
$949.17
$29.6B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$23.1B$23.1B$23.6B$24.8B$25.9B$27.1B$28.4B$29.6B
Revenue growth0.2%2.1%5.3%4.6%4.5%4.6%4.6%
EPS$10.34$11.33$11.45$12.00$13.65$15.20$17.00$18.95
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$1,202.28$1,265.56$1,297.20$1,360.48$1,423.76

Catalysts & risks

Growth catalysts
+ Housing market recovery and increased DIY/professional spending
+ Successful integration and expansion of Suvinil acquisition in Latin America
+ New store openings and market share gains in core channels
+ $46M cost savings program realization
+ Pricing power and margin expansion in specialty coatings
Key risks
- Housing market remains subdued with unpredictable demand trajectory
- Sluggish consumer spending and contractor confidence deterioration
- Raw material cost inflation and margin compression
- Higher interest rates impacting housing starts and renovation activity
- Competitive pricing pressure in core DIY and pro channels

Methodology

Sherwin-Williams Co's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 11 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 6, 2026.