Goldman Sachs cuts target for Sherwin-Williams stock to USD 410

Published on 10/12/2026 at 11:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 6.79 billion, up 7.50 percent year over year. Sherwin-Williams stock costs EUR 285.40 on October 12, 2026.

Key points in brief

Goldman Sachs lowered its Sherwin-Williams target from USD 420 to USD 410 on October 9, 2026.
Second-quarter revenue rose 7.50 percent year over year to USD 6.79 billion.
The stock was trading at EUR 285.40 at Lang & Schwarz on October 12, 2026.
Third-quarter results are scheduled for October 27, 2026.

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Sherwin-Williams (ISIN US8243481061) was trading at EUR 285.40 at Lang & Schwarz on October 12, 2026 at 11:08 a.m. CEST. Goldman Sachs lowered its price target from USD 420 to USD 410 while maintaining a Buy rating on October 9, 2026, according to Investing.com.

Three dated developments

On July 28, 2026, Sherwin-Williams reported second-quarter revenue of USD 6.79 billion, up 7.50 percent from the prior-year quarter, while adjusted diluted earnings per share rose 9.50 percent to USD 3.70, according to Trivano.

On September 25, 2026, management said the Performance Coatings segment posted an adjusted margin of 17.30 percent in the second quarter, as reported by PCI Magazine. On October 9, 2026, Goldman Sachs cited a lower valuation multiple of 29.80 times its 2027 earnings-per-share estimate when reducing its target to USD 410, according to Investing.com.

What does the next report test?

The October 27, 2026 report will test whether the second-quarter pattern of 7.50 percent revenue growth and 9.50 percent adjusted earnings-per-share growth continued into the third quarter. The comparison matters because the company entered the period with pricing actions intended to offset raw-material inflation, while the second-quarter adjusted Performance Coatings margin stood at 17.30 percent.

Goldman Sachs identified exposure to US construction markets, including remodeling, maintenance and new homes, as a risk. The analyst also cited lead-paint liability and sharp changes in raw-material costs, keeping the valuation discussion tied to both demand and margin durability.

Results date is October 27

Sherwin-Williams said on October 1, 2026, that it will publish third-quarter results for the period ended September 30, 2026, before market open on October 27, 2026, followed by a 10:00 a.m. EDT earnings call. The company operates through Paint Stores Group, Consumer Brands Group and Performance Coatings Group, giving the report three operating lenses.

At Lang & Schwarz, Sherwin-Williams stock was trading at EUR 285.40 on October 12, 2026 at 11:08 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Sherwin-Williams stock.