CleaRank Financial AI • AI-powered analysis using real-time market data from TwelveData
Analysis reviewed by Kate Leaman, Financial Journalist and Market Analyst. Data refreshed daily. Not financial advice.
Air Products and Chemicals Inc. (APD) is currently trading at $292.53, just below its 50-day simple moving average of $293.83 but above its 200-day SMA of $287.23. The company has demonstrated consistent earnings beats over the last three reported quarters, with the most recent quarter reported July 30, 2026, showing an EPS surprise of 3.89%. Despite these positive earnings trends, the stock's valuation metrics, including a price-to-sales ratio of 5.11 and a negative EPS of -0.21, place it in a complex fundamental picture. Analyst sentiment is largely positive, with a 'Buy' consensus from 22 analysts and a median price target of $351.00, implying an upside of 20%.
APD at a glance
Air Products and Chemicals Inc. (APD): Hold, 55/100 on CleaRank's AI score.
TrendMixed: the price is above its 200-day but below its 50-day moving average ($287.23 and $293.83).
EarningsAPD beat estimates in 3 of its last 3 quarters, yet fell the next day after 2 of those beats.
InsidersInsiders sold $21.2M and made no open-market purchases over the last 18 months.
As of October 15, 2026, Air Products and Chemicals Inc. (APD) trades at $292.53. Wall Street's consensus target is $351.00 across 22 analysts. The 14-day RSI (daily closes) is 59, in neutral territory, and the price is below its 50-day simple moving average of $293.83.
Figures as of October 15, 2026.
Only on CleaRank
Figures we compute ourselves from APD's own price, earnings and insider-filing history. Tap one to see it in context.
On price-to-sales, the yardstick used here in place of P/E, APD trades at 5.11x, +22% versus the sector average of 4.20x.
APD Financial Performance
Revenue vs. Earnings
Annual
Quarterly
Earnings Reality Check
In the last 3 quarters, APD beat the analyst estimate 3 times; the stock fell in the first session after 2 of those beats.
APD earnings surprises and the stock's reaction
Report
EPS estimate
EPS actual
Surprise
First session
5 sessions
Jul 30, 2026
$3.34
$3.47
+3.89%
-1.77%
-0.09%
Apr 30, 2026
$3.06
$3.20
+4.58%
+0.34%
-1.69%
Jan 30, 2026
$3.04
$3.16
+3.95%
-0.55%
+3.90%
The first session is the first full trading day on the news: the report day itself for a report before the open, the next day for one after the close. Surprise is actual EPS against the consensus estimate.
As of October 15, 2026, APD has beaten the analyst EPS estimate in 3 of its last 3 reported quarters and fell in the first trading session after 2 of those beats; its latest report, on July 30, 2026, came in 3.89% above the estimate and the stock moved -1.77% in the first session.
APD Analysis
Company's Health3/5
12-Month Analyst Target+19.99% above price
Median of 22 analysts (12-month)
$351.00
AI Analyst Consensus ScoreHold
Air Products and Chemicals Inc. (APD) is currently trading above its 200-day SMA at $287.23 and its 20-day EMA at $284.66, indicating some underlying strength, but is positioned just below its 50-day SMA resistance at $293.83. The 14-day RSI is at 58.62, signaling neutral momentum, while the MACD is at -1.97, suggesting a slight bearish divergence. Key support can be observed around the 200-day SMA, while the 50-day SMA presents immediate resistance. Volume on the latest trading day was 1,046,600, which is 9.9% above the average volume, indicating increased investor interest. The stochastic indicator is at 98.71, suggesting the stock is in overbought territory on that measure, which could precede a pullback.
ProTips
The stock is currently facing resistance at its 50-day SMA; a decisive break above $293.83 could signal renewed upward momentum.
Given the mixed signals and valuation, consider position sizing carefully and potentially utilizing stop-loss orders below the 200-day SMA at $287.23 to manage downside risk.
Key Catalysts
BearishSignificant Insider Selling Continues
Insiders have sold over $21.2 million in stock, with a 'Moderate Sell Signal' indicated. This sustained selling pressure, dominated by MANTLE RIDGE, L.P., could weigh on investor sentiment and stock performance.
Source: Insider Trading Data
BullishConsistent EPS Beats
Air Products and Chemicals Inc. has exceeded analyst EPS estimates for the last three consecutive quarters, demonstrating operational resilience and effective execution against expectations.
Source: Earnings Reports
BullishPositive Analyst Sentiment and Price Targets
The majority of analysts maintain a 'Buy' or 'Strong Buy' rating, with a median price target of $351.00, suggesting confidence in the company's future prospects and potential for upside.
Source: Analyst Ratings
NeutralStock Trading Near 50-Day SMA Resistance
The current price of $292.53 is just below the 50-day SMA resistance level of $293.83, indicating a critical juncture for near-term price direction. A failure to break through could lead to consolidation.
Source: Technical Analysis
Market Outlook
The company's consistent earnings beats and positive forward estimates for EPS and revenue provide a foundation for stability. However, several factors could alter this trajectory. Significant insider selling and a valuation that appears rich relative to current profitability could act as headwinds. Conversely, a successful integration of its operations, continued market share gains in specialty chemicals, or favorable industrial gas demand could drive the stock towards the higher end of analyst targets or even exceed them. The company's strong operating margin suggests operational efficiency, which could translate to improved profitability.
Key Statistics
Market Cap
65.14B
P/E Ratio
N/A (Negative EPS)
EPS (TTM)
-0.2100
Dividend Yield
2.47%
52 Week High
314.87
52 Week Low
229.11
As of October 15, 2026, APD trades at $292.53, with a market value of $65.14B, no P/E ratio (its trailing earnings are negative) and a dividend yield of 2.47%.
Air Products and Chemicals Inc. (APD) exhibits a price-to-sales ratio of 5.11, which is higher than the sector median of 4.2 for Basic Materials companies. The company's return on equity stands at a modest 0.02%, and its profit margin is negative at -0.38%, reflecting a net loss. However, the operating margin is a strong 25.54%, indicating efficient core operations despite the bottom-line loss. The company's debt-to-equity ratio is 1.10, which aligns with the sector average of 1.10. While the current profitability is challenged, the strong operating margin and sector-average leverage suggest potential for improvement if revenue growth can be sustained and costs managed effectively. The current valuation appears to be pricing in future growth rather than current profitability.
Earnings & Growth Analysis
Air Products and Chemicals Inc. (APD) has consistently beaten analyst EPS estimates in its last three reported quarters. Most recently, results reported July 30, 2026, showed an actual EPS of $3.47 against an estimate of $3.34, a 3.89% surprise, though the stock saw a 1.77% decline on the news. Prior quarters also showed positive surprises, with EPS actuals exceeding estimates by 4.58% and 3.95% respectively. These consistent earnings beats suggest operational resilience. The company is expected to continue this trend, with current quarter EPS estimates at $3.61 and next year's estimates at $14.44. Revenue growth is projected to be around 6.00% for both the next quarter and next year.
Key Risks
A primary risk for Air Products and Chemicals Inc. (APD) is the significant insider selling, with over $21 million in net sales, signaling potential caution from management and major shareholders. The stock's valuation, with a price-to-sales ratio above the sector median and negative EPS, presents a risk if future growth estimates are not met. Additionally, the stock is currently trading just below its 50-day SMA resistance, indicating potential near-term headwinds.
Technical Indicators i
RSI (14-day)
58.62
MACD (12, 26)
-1.97
SMA (50-day)
293.83
SMA (200-day)
287.23
Technical RatingNeutral
RSI
Neutral
SMA Cross
Bullish
Price vs SMA
Bearish
MACD
Bearish
Golden Cross in effect with the 50-day SMA ($293.83) above the 200-day SMA ($287.23), price is trading below the 50-day SMA.
As of October 15, 2026, with APD at $292.53, its 14-day RSI is 58.6 (neutral territory), its 50-day simple moving average is $293.83 and its 200-day is $287.23.
Calculated by CleaRank on daily closes as of October 15, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
Market Correlations
How this stock moves relative to other assets
Based on 1 year of daily price data. Correlations may vary over different time periods.
S&P 500 (SPY)+0.38
Weak correlation
Nasdaq 100 (QQQ)+0.27
Weak correlation
Bitcoin (BTC)-0.04
Weak correlation
Gold (XAU)+0.01
Weak correlation
As of October 15, 2026, APD's 1-year correlation of daily returns is +0.38 with S&P 500 (SPY), +0.27 with Nasdaq 100 (QQQ), -0.04 with Bitcoin (BTC) and +0.01 with gold (XAU).
Check Custom Correlation
How does any other asset move with APD? One year of daily closes, Pearson correlation.
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APD Wall Street View
12-month price targets
Low $305.00Median $351.00 (+20.0%)High $373.00
The price, $292.53, sits below every analyst's target.
Ratings
Buy 15Hold 7Sell 03 months ago: 14 of 21 buy
Recent rating actions
Recent analyst rating actions on APD
Date
Firm
Action
Rating
Oct 7, 2026
Citigroup
Maintains
Neutral
Oct 5, 2026
UBS
Maintains
Neutral
Sep 11, 2026
Keybanc
Initiates
Sector Weight
Sep 9, 2026
Argus Research
Maintains
Buy
Aug 6, 2026
RBC Capital
Maintains
Outperform
Jul 31, 2026
UBS
Maintains
Neutral
As of October 15, 2026, 22 Wall Street analysts cover APD: 15 rate it a buy or strong buy, 7 a hold and 0 a sell or strong sell. Their 12-month price targets range from $305.00 to $373.00, with a median of $351.00, 20.0% above the price of $292.53.
Source: TwelveData analyst consensus. Targets and ratings belong to the analysts, not to CleaRank.
APD Trade Plans
Specific entry, exit, and risk management levels
Select Your Trade Bias
Risk Tolerance
Conservative2%Aggressive
Portfolio Value
$
Position Size: Enter portfolio size →
Entry Strategies pick an entry style
Conservative
$289.60
Slight discount to current
Wait for small dip
Aggressive
$292.53
At current price
Enter now if confident
Risk Management
STOP LOSS
$280.92
MAX LOSS
-3.0%
Volatility-Adjusted Stop Loss
Calculated based on RSI (58.6) and current market volatility
These levels come from APD's moving averages and recent volatility, not from a forecast. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Growth of $10,000
A $10,000 investment in APD in October 2016 would be worth about $22,114 today, compared with about $36,237 for the same investment in the S&P 500 benchmark. This is price change only; dividends paid along the way would add to it.
Compare with Another Ticker
APD Drawdowns & Recovery
Worst fall, last 10 years
-32.4%
December 2022 to February 2024
Recovery
8 months
back at the old peak by October 2024
From the 10-year high
-13.5%
highest close, February 2025
1-year holds that gained
69%
of every 1-year window
As of October 15, 2026, APD's worst peak-to-trough fall over the last 10 years was -32.4% (December 2022 to February 2024); it regained that peak by October 2024, 8 months after the low, and 69% of 1-year holding periods ended with a gain.
From weekly closing values. A drawdown is the fall from the highest value reached so far to a later low.
Monte Carlo Projection (10yr)
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in APD today could grow to about $19,868 by 2036 in the base case, with a 90th-percentile outcome near $57,387 and a 10th-percentile outcome around $6,878. The simulation models price only; at today's 2.47% yield, dividends would add to these figures. Projections are statistical simulations, not guarantees.
APD Stock Price Prediction: 2030
CleaRank's simulation projects a price near $385 for APD by 2030 in the base case, from $293 today (1.3x over 4 years). The 10th-percentile path ends near $197. These are outcomes of a Monte Carlo simulation run on APD's historical return distribution, not price targets, and they assume no dividends are reinvested.
APD simulated price paths by year
Year
10th percentile
Base case
90th percentile
2027
$224
$313
$438
2028
$209
$336
$539
2029
$201
$359
$643
2030
$197
$385
$753
2031
$195
$412
$873
Method: a lognormal simulation of APD's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles.
As of October 15, 2026, APD insiders reported 3 open-market sales worth $21.2M and no open-market purchases over the last 18 months; grants and option exercises are not counted.
Recent insider transactions in APD
Date
Insider
Type
Shares
Value
May 1, 2026
SCHAEFFER MELISSA N
Chief Financial Officer
Sell
2.7K
$824.4K
Feb 12, 2026
MANTLE RIDGE, L.P.
Beneficial Owner of more than 10% of a Class of Security
Sell
70.2K
$19.9M
Feb 12, 2026
MANTLE RIDGE, L.P.
Beneficial Owner of more than 10% of a Class of Security
Grant
1.8K
-
Dec 15, 2025
KURT LEFEVERE
Officer
Grant
2.0K
-
Dec 3, 2025
KURT LEFEVERE
Officer
Grant
2.0K
-
Dec 2, 2025
BOLS IVO
Officer
Grant
2.7K
-
Dec 2, 2025
MAIONE FRANCESCO
Officer
Grant
3.4K
-
Dec 2, 2025
SCHAEFFER MELISSA N
Chief Financial Officer
Grant
8.4K
-
Dec 1, 2025
LEPORE MATTHEW
General Counsel
Grant
2.1K
-
Dec 1, 2025
MENEZES EDUARDO F
Chief Executive Officer
Grant
17.4K
-
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Frequently Asked Questions
What is the long-term outlook for Air Products and Chemicals Inc.?
The long-term outlook for Air Products and Chemicals Inc. (APD) is moderately positive, with projected revenue growth of approximately 6.00% for the next year and an average annual growth rate of 8.74% over the next five years.
How has Air Products and Chemicals Inc. performed in recent earnings reports?
Air Products and Chemicals Inc. (APD) has consistently exceeded analyst EPS estimates in its last three reported quarters. The most recent results reported July 30, 2026, showed an EPS beat of 3.89%, following similar positive surprises in prior quarters, indicating operational strength.
What are the key risks facing Air Products and Chemicals Inc.?
Key risks for Air Products and Chemicals Inc. (APD) include substantial insider selling totaling over $21 million, a valuation that appears stretched relative to its negative EPS and sector peers, and the stock's current position just below its 50-day moving average resistance, which could limit near-term upside.
How does Air Products and Chemicals Inc. compare to its sector averages?
Air Products and Chemicals Inc. (APD) has a price-to-sales ratio of 5.11, which is higher than the sector median of 4.2. Its debt-to-equity ratio of 1.10 is in line with the sector average, and its return on equity of 0.02% is significantly lower than the sector median of 17.9%. Revenue growth of 4.6% is below the sector median of 19%.
What is the projected stock price for Air Products and Chemicals Inc. in 2030?
Based on Monte Carlo simulations, the projected base case price for Air Products and Chemicals Inc. (APD) in 2030 is $384.97.
Does APD pay a dividend?
Yes. As of October 15, 2026, APD's dividend yield is 2.47%, or about $7.22 per share a year at the current price of $292.53. Yields move with the share price and with changes to the payout.
Is APD in an uptrend?
Not clearly. Air Products and Chemicals Inc. (APD) trades at $292.53, above its 200-day but below its 50-day moving average ($287.23 and $293.83). Its 14-day RSI on daily closes is 58.6, in neutral territory.
Are insiders buying or selling APD?
Selling, on balance. In the last 18 months, APD's officers, directors and large holders reported 3 sales worth $21.2M and no open-market purchases. Grants and option exercises are not counted as buying.
What is the analyst price target for APD?
As of October 15, 2026, the 22 Wall Street analysts covering APD have 12-month targets from $305.00 to $373.00, with a median of $351.00, 20.0% above the current price of $292.53. 15 rate it a buy or strong buy, 7 a hold and 0 a sell or strong sell. Three months ago 14 of 21 rated it a buy.
What is APD's biggest drop in the last 10 years?
Air Products and Chemicals Inc. (APD)'s worst peak-to-trough fall over the last 10 years was -32.4%, from December 2022 to February 2024. It regained that peak by October 2024, 8 months after the low. Over the same period, 69% of 1-year holding periods ended with a gain.
