Sherwin-Williams

SHW · NYSE

$336.01+$4.40 (+1.33%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $331.61

SHW analyst rating

BuyConsensus of 15 analysts over the last 12 months. 60% rate it a buy.

Strong buy0
Buy9
Hold6
Underperform0
Sell0

12-month price target · 25 analysts

Average $397.42 (+18.3% upside)

Low: $343.40
Now: $336.01
High: $441.00

Upgrades and downgrades

The latest rating actions, newest first

SHW analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Barclays	Oct 13, 2026	Initiates	Equal-Weight	$348.00	50%
RBC Capital	Oct 9, 2026	Maintains	Outperform	$420.00 → $392.00	46%
UBS	Oct 5, 2026	Maintains	Neutral	$390.00 → $363.00	49%
RBC Capital	Sep 25, 2026	Maintains	Outperform	$420.00	46%
Wells Fargo	Sep 25, 2026	Maintains	Equal-Weight	$360.00 → $340.00	33%
RBC Capital	Sep 22, 2026	Maintains	Outperform	$420.00	46%
Keybanc	Sep 11, 2026	Initiates	Sector Weight	—	30%
DA Davidson	Aug 25, 2026	Initiates	Buy	$400.00	52%
Guggenheim	Aug 3, 2026	Initiates	Buy	$400.00	49%
Morgan Stanley	Jul 29, 2026	Maintains	Overweight	$385.00 → $395.00	61%

The case for and against

Updated Oct 18, 2026

Bull case

Sherwin-Williams is viewed favorably because its scale, dominant 4,800-plus store network, and strong pricing power should support 1.5-2x market growth through share gains, new stores, and AI infrastructure demand. Management sees no change to its FY26 guide, while the company’s high-quality model is expected to drive over 10% FY27 EPS growth through mid-single-digit topline gains, strong EBITDA leverage, and disciplined capital allocation. Its exceptional cash generation, with about 70% EBITDA conversion and roughly $3.4 billion of FY26 FCF after about $550 million of CapEx, also supports buybacks and bolt-on M&A while helping it outperform in choppy end markets.

Bear case

Sherwin-Williams is facing a weak demand backdrop as the hoped-for recovery in existing home sales has still not materialized, pressuring architectural coating volumes across its large stores and consumer-facing businesses. End markets in packaging and general industrial also remain soft amid broader macro weakness, which limits the pace of improvement in the performance coatings segment despite some strength in Auto Refinish and Protective & Marine. Although the company is positioned to benefit from an industrial recovery post Covid, the continued stall in construction recovery and muted end-market conditions support a cautious fundamental outlook.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.