The Sherwin-Williams Company (SHW) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$323.63
Price Target
$389.43
Target Range
$365.00 — $420.00
Analyst Rating
Buy
Forward P/E27.6x
Trailing P/E31.5x
Forward PEG3.98
Implied Growth+12.1%
Median Target$390.00
Analyst Spread14.1%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$365
+12.8%
Consensus
$389
+20.3%
Bull Case
$420
+29.8%
Valuation Model TargetsConfidence: 66/100
Bear$219
Base$391
Bull$482
SHW Price Target Analysis
Updated May 7, 2026As of May 7, 2026, The Sherwin-Williams Company (SHW) has a Wall Street consensus price target of $389.43, based on estimates from 38 covering analysts. With the stock currently trading at $323.63, this represents a potential upside of +20.3%. The company has a market capitalization of $79.82B.
Analyst price targets range from a low of $365.00 to a high of $420.00, representing a 14% spread in expectations. The median target of $390.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 23 analysts rating the stock as a Buy or Strong Buy,14 rating it Hold, and 1 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, SHW trades at a trailing P/E of 31.5x and forward P/E of 27.6x. The forward PEG ratio of 3.98 reflects a premium valuation. Analysts expect EPS to grow +12.1% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $390.55, with bear and bull scenarios of $218.93 and $482.04 respectively. Model confidence stands at 66/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Basic Materials stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+12.8%
Avg Forward P/E15.7x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 PPGPPG Industries, Inc. | $25.0B | $111.53 | $127.67 | +14.5% | Buy | 14.1x | 38 |
 RPMRPM International Inc. | $13.1B | $102.43 | $122.67 | +19.8% | Buy | 18.7x | 22 |
 AXTAAxalta Coating Systems Ltd. | $6.1B | $28.55 | $34.86 | +22.1% | Hold | 11.2x | 28 |
 HUNHuntsman Corporation | $2.6B | $15.10 | $12.00 | -20.5% | Hold | — | 33 |
 EMNEastman Chemical Company | $8.7B | $75.74 | $77.29 | +2.0% | Buy | 12.8x | 35 |
 FULH.B. Fuller Company | $3.3B | $60.95 | $73.33 | +20.3% | Buy | 12.9x | 15 |
 TROXTronox Holdings plc | $1.6B | $10.13 | $7.25 | -28.4% | Buy | — | 17 |
 IOSPInnospec Inc. | $1.9B | $77.67 | $115.00 | +48.1% | Hold | 15.7x | 9 |
 HDThe Home Depot, Inc. | $321.1B | $323.05 | $408.08 | +26.3% | Buy | 21.5x | 62 |
 LOWLowe's Companies, Inc. | $130.7B | $233.36 | $288.25 | +23.5% | Buy | 18.5x | 51 |
Upside Potential Comparison
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Start ComparisonSHW — Frequently Asked Questions
Quick answers to the most common questions about buying SHW stock.
What is the SHW stock price target for 2026?
The consensus Wall Street price target for SHW is $389.43, representing 20.3% upside from the current price of $323.63. With 38 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is SHW a buy, sell, or hold?
SHW has a consensus rating of "Buy" based on 38 Wall Street analysts. The rating breakdown is predominantly bullish, with 23 Buy/Strong Buy ratings. The consensus 12-month price target of $389.43 implies 20.3% upside from current levels.
Is SHW stock overvalued or undervalued?
SHW trades at a forward P/E of 27.5627x, representing a moderate valuation. With analysts targeting $389.43 (20.3% implied move), the stock appears reasonably valued with upside.
How high can SHW stock go?
The most bullish Wall Street analyst has a price target of $420 for SHW, while the most conservative target is $365. The consensus of $389.43 represents the median expectation. Our quantitative valuation model projects a bull case target of $482 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover SHW stock?
SHW is heavily covered by Wall Street, with 38 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 23 have Buy ratings, 14 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the SHW stock forecast?
The 12-month SHW stock forecast based on 38 Wall Street analysts shows a consensus price target of $389.43, with estimates ranging from $365 (bear case) to $420 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $391, with bear/bull scenarios of $219/$482.
What is SHW's fair value based on fundamentals?
Our quantitative valuation model calculates SHW's fair value at $391 (base case), with a bear case of $219 and bull case of $482. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 66/100.
What is SHW's forward P/E ratio?
SHW trades at a forward P/E ratio of 27.6x based on next-twelve-months earnings estimates compared to a trailing P/E of 31.5x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy SHW stock?
Wall Street analysts are very optimistic on SHW, with a "Buy" consensus rating and $389.43 price target (20.3% upside). 23 of 38 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do SHW price targets vary so much?
SHW analyst price targets range from $365 to $420, a 14% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $389.43 consensus represents the middle ground. Our model's $219-$482 range provides an independent fundamental perspective.