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

Published on 10/19/2026 at 10:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sherwin-Williams stock costs EUR 300.15 on October 19, 2026. Third-quarter results are scheduled for October 27, 2026.

Analyst view and earnings date

Goldman Sachs cut its Sherwin-Williams target to USD 410 on October 9, 2026.
Second-quarter revenue reached USD 6.7893 billion for the period ended June 30, 2026.
Sherwin-Williams stock trades at EUR 300.15 at 10:02 a.m. CEST at Lang & Schwarz on October 19, 2026.

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Sherwin-Williams stock is at EUR 300.15 at Lang & Schwarz on October 19, 2026, with the quote timestamped 10:02 a.m. CEST. Goldman Sachs cut its price target from USD 420 to USD 410 on October 9 while keeping its Buy rating, according to Investing.com.

Goldman Sachs trims its target

The revised USD 410 target followed a valuation adjustment. Goldman Sachs applied a 29.8 times multiple to its 2027 earnings-per-share estimate, down from 30 times, citing slightly lower peer multiples, Investing.com reported on October 9, 2026. The target remains above the primary-market price of USD 335.20 last at the NYSE on October 16, 2026 at 4:00 p.m. ET.

What does October 27 mean for earnings?

The next reporting date is October 27, 2026. Sherwin-Williams said it will publish third-quarter results before the NYSE opens and hold its earnings call at 10:00 a.m. ET, according to the company's investor-relations release dated October 1, 2026, Sherwin-Williams.

The latest reported quarter provides the benchmark. Revenue reached USD 6.7893 billion for the second quarter ended June 30, 2026, while diluted earnings per share were USD 3.43 and net income attributable to common shareholders was USD 843.6 million, based on the standardized quarterly figures. A MarketBeat report also said quarterly earnings per share exceeded the USD 3.52 consensus at USD 3.70 in the second quarter, while revenue rose 7.5 percent year over year to USD 6.79 billion, MarketBeat reported on October 10, 2026.

Three dates frame the stock

On July 28, 2026, Sherwin-Williams reported second-quarter earnings per share of USD 3.70 against USD 3.52 consensus. On October 9, 2026, Goldman Sachs lowered its target from USD 420 to USD 410. On October 27, 2026, the company is scheduled to report third-quarter results and discuss its outlook.

What comes next for investors?

The October 27 release will test whether the second-quarter pattern carries into the September quarter. MarketBeat lists a consensus estimate of USD 3.69 in earnings per share and USD 6.78 billion in revenue for the third quarter, versus USD 3.59 and USD 6.36 billion, respectively, in the year-earlier quarter, MarketBeat reported.

Valuation remains the market question

Sherwin-Williams had a market capitalization of USD 81.4 billion on October 16, 2026. Its primary-market 52-week range was USD 289.86 to USD 377.77 on the same data date, placing the last NYSE price inside that range. The company operates in specialty chemicals and sells paint, coatings and related products through its Paint Stores, Consumer Brands and Performance Coatings segments.

At Lang & Schwarz, Sherwin-Williams stock was trading at EUR 300.15 on October 19, 2026 at 10:02 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Sherwin-Williams stock.