APDAPDBasic Materials · Specialty Chemicals

APD Stock Forecast: Air Products & Chemicals, Inc. Price Predictions for 2026-2027

Last close, 8 Oct 2026
$278
+0.09% on the day

The 22 Wall Street analysts covering Air Products & Chemicals, Inc. hold a median 12-month price target of $351 — +26.1% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 78 of 100 as at 7 Oct 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$62.6B
Ticker Nerd rank
78 / 100
Median analyst target
$351
Analysts covering
22
Revenue$3.2B+4.6% y/y
Operating income$810.3M
Net income−$1.4B
Free cash flow$309.5M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+1.8%
1M
−5.9%
YTD
+15.7%
1Y
+6.4%
From 52W high
−10.8%
From 52W low
+23.8%
$225
$312
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

APD stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Air Products & Chemicals, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 7 Oct 2026
78 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Volatility
90
Revisions
90
Accruals
83
Issuance
79
Quality
62
Momentum
59
Value
53
Growth
43
Size
4

Volatility (90): The share price has been relatively steady.

Growth (43): Sales and profits are flat, shrinking, or growing more slowly than they were.

Size (4): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

APD stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on APD, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$250$300$350$400Jan 26Apr 26Jul 26Oct 26APDHigh $373Median $351Low $305

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says22 analysts
15 Buy7 Hold0 Sell
Low $305Median $351High $373

The green dot is the last close — the median target sits +26.1% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 7 moved their price target up and 0 moved it down.

DateFirmActionRatingTarget
11 Sept 2026KeybancInitiatesSector Weight—
9 Sept 2026Argus ResearchMaintainsBuy$316 → $329
6 Aug 2026RBC CapitalMaintainsOutperform$358 → $360
6 Aug 2026RBC CapitalMaintainsOutperform—
31 July 2026CitigroupMaintainsNeutral—
31 July 2026CitigroupMaintainsNeutral$315 → $330
31 July 2026MizuhoMaintainsOutperform—
31 July 2026MizuhoMaintainsOutperform$345 → $355
31 July 2026UBSMaintainsNeutral—
31 July 2026UBSMaintainsNeutral$330 → $336
31 July 2026Wells FargoMaintainsOverweight$340 → $350
31 July 2026Wells FargoMaintainsOverweight—
17 July 2026BernsteinMaintainsOutperform—
17 July 2026BernsteinMaintainsOutperform$344 → $345
1 July 2026BernsteinMaintainsOutperform—
5 May 2026Morgan StanleyMaintainsEqual-Weight—
5 May 2026RBC CapitalMaintainsOutperform—
1 May 2026JP MorganMaintainsOverweight—
1 May 2026UBSMaintainsNeutral—
1 May 2026Wells FargoMaintainsOverweight—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. APD appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

APD vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 8 Oct 2026, Air Products & Chemicals, Inc. returned +6.4% against +16.2% for the S&P 500, dividends included.

APD vs S&P 500, last 12 monthsTotal return, rebased to 100
859095100105110115120Jan 26Apr 26Jul 26Oct 26APDS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

APD analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+2.1%
Analysts raising
19
Analysts cutting
0
Fundamentals

Air Products & Chemicals, Inc. (APD) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
31.6×

Cheaper than 24% of US stocks

Price / sales
5.0×

Cheaper than 24% of US stocks

Price / book
4.5×

Cheaper than 22% of US stocks

EV / EBITDA
17.7×

Cheaper than 18% of US stocks

Growth & margins
Revenue growth (YoY)
4.6%

Higher than 38% of US stocks

Earnings growth (YoY)
—
Gross margin
32.8%

Higher than 38% of US stocks

Operating margin
25.5%

Higher than 84% of US stocks

Net margin
−0.4%

Higher than 29% of US stocks

Returns & dividend
Return on equity
0.0%

Higher than 44% of US stocks

Return on assets
4.7%

Higher than 75% of US stocks

Dividend yield
2.6%

Higher than 82% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Air Products & Chemicals, Inc. (APD) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Air Products & Chemicals, Inc. has a market value of $62.6B and an enterprise value of $82.6B.

  • Revenue in the twelve months to 30 June 2026: $12.6B. The latest quarter grew 4.6% year on year.

  • Net income over the same four quarters: $4.0M, a 0.0% net margin.

  • Diluted earnings per share, trailing twelve months: $−0.22.

  • Free cash flow in the twelve months to 30 June 2026: −$301.4M.

  • Air Products & Chemicals, Inc. spent $1.6B on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 222.7M.

  • Trailing P/E: 31.6×; forward P/E: 19.5× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 2.58%, paying out 76% of earnings.

  • Air Products & Chemicals, Inc. employs 21,087 people — $598K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 8 Oct 2026

Data provided by Twelve Data

Peers

APD vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelSpecialty Chemicals
CompanyMarket capTKN rank
APDAir Products & Chemicals, Inc.$62.6B
78
SHWThe Sherwin-Williams Co.$77.7B
71
ECLEcolab, Inc.$78.8B
48
PPGPPG Industries, Inc.$23.4B
86
IFFInternational Flavors & Fragrances, Inc.$21.5B
59
LYBLyondellBasell Industries NV$18.9B
66
DDDuPont de Nemours, Inc.$17.7B
83

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Air Products & Chemicals, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest APD news & analysis

APD to Build LNG-Based ASU for PETRONAS Gas Berhad-Led JV

Zacks Investment Research · 8 Oct 2026positive

Air Products will build a first-of-its-kind LNG-based air separation unit in Malaysia for a PETRONAS Gas Berhad-led joint venture. The project expands the company’s footprint and industrial gas capacity while reducing emissions.

Why it matters — The project represents an expansion of Air Products’ operations in Malaysia and adds industrial gas capacity using an LNG-based process.

Air Products to Supply Malaysia's First LNG-Based Air Separation Unit for PETRONAS Gas Berhad-Led Joint Venture

PRNewsWire · 7 Oct 2026positive

Air Products announced it has concluded a definitive agreement with PG Cold Energy 1 Sdn. Bhd., a PETRONAS Gas Berhad-led joint venture, to supply Malaysia’s first LNG-based air separation unit. The project is described as improving energy efficiency and supporting industrial growth in Malaysia.

Why it matters — The agreement highlights Air Products’ role in a Malaysian industrial gas project and its continued activity in the country.

Will Air Products and Chemicals (APD) Beat Estimates Again in Its Next Earnings Report?

Zacks Investment Research · 6 Oct 2026positive

Zacks Investment Research says Air Products and Chemicals has a strong history of earnings surprises and currently has two factors it identifies as supporting the possibility of a beat in its next quarterly report.

Why it matters — APD watchers may note the article’s favorable assessment of the company’s earnings-surprise record and indicators ahead of its next report.

These 2 Basic Materials Stocks Could Beat Earnings: Why They Should Be on Your Radar

Zacks Investment Research · 6 Oct 2026neutral

Zacks Investment Research highlights its Zacks Earnings ESP as a way to identify stocks expected to beat quarterly earnings estimates. The headline refers to two basic materials stocks, but the excerpt does not identify them or provide company-specific details.

Why it matters — The item concerns earnings-estimate screening in basic materials, but the excerpt provides no specific information about Air Products.

FAQ

Frequently asked questions about APD stock

What is the APD stock price forecast for 2026-2027?

The 22 Wall Street analysts covering Air Products & Chemicals, Inc. have a median 12-month price target of $351, with estimates ranging from $305 to $373. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is APD stock a buy right now?

Of the 22 analysts covering Air Products & Chemicals, Inc., 15 rate it a Buy, 7 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Air Products & Chemicals, Inc. 78 out of 100 across roughly 4,600 US stocks as at 7 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank APD?

As at 7 Oct 2026, Air Products & Chemicals, Inc. ranks 78 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Volatility (90 of 100).

Will APD stock go up?

No one can know that. What the data says: the median 12-month target from 22 analysts implies +26.1% from the last close, and Ticker Nerd's factor model ranks Air Products & Chemicals, Inc. 78 out of 100 as at 7 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the APD stock forecast for 2030?

No analyst covering Air Products & Chemicals, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for APD are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $305 to $373 over the next 12 months.

How has APD stock performed over the past year?

Air Products & Chemicals, Inc. returned +6.4% over the 12 months to 8 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Air Products & Chemicals, Inc. do?

Air Products and Chemicals, Inc. is a U.S.-based industrial gases and chemicals company that supplies essential materials and services to a wide range of industries.

What is the latest news on APD?

The most recent item we track (Zacks Investment Research, 8 Oct 2026): "APD to Build LNG-Based ASU for PETRONAS Gas Berhad-Led JV". Air Products will build a first-of-its-kind LNG-based air separation unit in Malaysia for a PETRONAS Gas Berhad-led joint venture. The project expands the company’s footprint and industrial gas capacity while reducing emissions.

Company

About Air Products & Chemicals, Inc.

Air Products and Chemicals, Inc. is a U.S.-based industrial gases and chemicals company that supplies essential materials and services to a wide range of industries. Air Products and Chemicals focuses on atmospheric gases, process gases, specialty gases, and related equipment used in manufacturing, refining, electronics, metals, food, medical, energy, and chemical processing applications. The company also supports customers with on-site gas production, distribution systems, and technology solutions designed to improve production efficiency and reliability. Its products play a critical role in industrial operations that require controlled gas supply, purification, and handling capabilities across global markets. Headquartered in Allentown, Pennsylvania, Air Products and Chemicals serves customers in the Americas, Europe, Asia, the Middle East, and other international regions, making it a key participant in the global industrial gas market.

CEO Mr. Eduardo F. Menezes · 21,087 employees · United States · https://www.airproducts.com