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

Published on 10/20/2026 at 17:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 revenue reached USD 6.79 billion on July 28. Sherwin-Williams stock costs EUR 300.65 on October 20, 2026 at 5:02 p.m. CEST.

Goldman target cut

Goldman Sachs cut its Sherwin-Williams target to USD 410.00 from USD 420.00 on October 9, 2026.
Second-quarter revenue reached USD 6.79 billion against USD 6.60 billion in estimates.
Sherwin-Williams stock costs EUR 300.65 at Lang & Schwarz on October 20, 2026 at 5:02 p.m. CEST.

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Sherwin-Williams (ISIN US8243481061) faces a Goldman Sachs price target of USD 410.00, reduced from USD 420.00 on October 9, 2026. According to Investing.com, the bank retained its Buy rating while lowering the valuation multiple applied to its 2027 earnings estimate. Sherwin-Williams was trading at EUR 300.65 at Lang & Schwarz on October 20, 2026 at 5:02 p.m. CEST.

Goldman lowers its valuation multiple

Goldman Sachs reduced the multiple in its valuation work to 29.8 times from 30.0 times, citing lower peer multiples, according to Investing.com. The report also pointed to slow but stable architectural-coatings demand and higher raw-material costs as risks for the fourth quarter and the first half of 2027.

Second-quarter revenue beat estimates

Sherwin-Williams generated USD 6.79 billion in revenue in the second quarter of 2026, compared with USD 6.60 billion expected, while adjusted earnings per share reached USD 3.70 against USD 3.52 consensus. MarketBeat reported that revenue was up 7.5 percent from the same quarter a year earlier and that fiscal 2026 earnings guidance stood at USD 11.80 to USD 12.20 per share.

The stock stays below its yearly high

On the NYSE, Sherwin-Williams was trading at USD 337.83 on October 20, 2026 at 11:07 a.m. ET. Its 52-week range was USD 289.86 to USD 377.77, leaving the stock 10.57 percent below the high. Market capitalization stood at USD 82.0 billion, with a trailing P/E ratio of 31.15 and a dividend yield of 1.00 percent.

What does the target imply?

Goldman Sachs's USD 410.00 target was 21.36 percent above the NYSE price of USD 337.83 on October 20, 2026. The comparison uses the same currency and gives the revised target a clear valuation reference without treating it as a forecast from this article.

Results date is October 27

The company is scheduled to release third-quarter 2026 results before the NYSE open on October 27, 2026, for the period ended September 30, 2026. The date and planned conference call were announced by Sherwin-Williams on October 1, 2026.

The euro quote for German investors

The Lang & Schwarz quote places Sherwin-Williams at EUR 300.65 on October 20, 2026 at 5:02 p.m. CEST, while the primary-market reference was USD 337.83 at 11:07 a.m. ET. The two figures belong to different venues and currencies.

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