P&G Holds Its Premium As Analysts Cite Durable Growth Beyond Near-Term Tariff Hits

Benzinga

P&G beat fiscal Q1 expectations on sales and margins, reaffirming full-year guidance. Bank of America raised its price target to $175 and EPS outlook through 2028, citing strong execution and easing tariff costs.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Procter & Gamble Company outperformed expectations on organic sales and margins in its fiscal

00:06first quarter of 2026, maintaining full-year guidance according to Benzinga.

00:11Bank of America reiterated its buy rating and lifted the price target to $175 for $174,

00:17citing steady execution and innovation-driven share gains.

00:20P&G's consumption growth slowed from about 2.4% to 1.8% to 1.9% during the quarter,

00:25with near-term growth projected between 1.5% and 2%.

00:29Tariff-related costs are now projected at $500 million, down from $750 million as material

00:35exclusions ease pressure.

00:37Bank of America raised P&G's EPS forecast for 2026 through 2028 to $7, $7.35, and $7.75,

00:46reflecting Q1 strength offset by softer second quarter expectations.

00:50For all things money, visit Benzinga.com.

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