Analysts set a 12-month price target for Procter & Gamble, citing 70 years of dividend growth and strong Beauty segment performance.
Procter & Gamble (NYSE:PG) received a buy rating with a $164.75 price target, implying 12.77% upside from its current $146.10 level as of July 29, 2026. The call is backed by 70 consecutive years of dividend increases and double-digit organic growth in its Beauty segment.
Fiscal 2026 saw five straight EPS beats, with Q4 core EPS of $1.43 beating estimates of $1.407. Full-year revenue reached $87.03 billion, while core EPS stood at $6.89. Free cash flow grew 12.74% to $15.84 billion, supporting a $10 billion dividend payout and $5 billion buyback plan for FY2027.
Despite a 4% decline over the past year, the stock is up 4.18% year-to-date. Analysts argue P&G’s premium valuation is justified compared to peers like Colgate and Kimberly-Clark, which face weaker earnings growth or lower multiples.