ECL

Ecolab
D

ECL

Arincen78/100B

Ecolab stock forecast 2026–2030

Analysts' average 12-month price target for Ecolab is 341.13, 10.5% above the current price of 308.76. Their targets range from 305.00 to 380.00.

Of the 16 firms that rated Ecolab in the past 12 months, 15 rate it buy or strong buy, 1 hold and 0 sell or strong sell (each firm at its latest rating): a Strong buy consensus.

12-month price target
341.13 USD
+10.48%

Analysts' 1-year price targets range from 305.00 to 380.00, with an average of 341.13.

Past year
1-year forecast
Strong sellStrong buy
Strong buy
16 ratings
Buy
15
Hold
1
Sell
0

12-month price target

Highest target380.00
Average target341.13
Lowest target305.00
Current price308.76

Ecolab price target history

Have analysts recently raised or lowered their Ecolab price target and rating?

See how analysts moved their price target

How analysts rate Ecolab, month by month

15 of 16 firms rate it buy now, against 11 of 15 in December 2025.

Buy Hold Sell

Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.

Month endBuyHoldSellFirms
Nov 2026151016
Oct 2026151016
Sept 2026161017
Aug 2026161017
Jul 2026161017
Jun 2026141015
May 2026141015
Apr 2026132015
Mar 2026132015
Feb 2026124016
Jan 202694013
Dec 2025114015

Ecolab analyst upgrades, downgrades and price targets

The latest rating change came on 17 July 2026, when Oppenheimer upgraded Ecolab from Perform to Outperform. Its price target is 320.00. The most recent new target came from Wells Fargo on 13 November 2026: 380.00.

DateFirmRatingPrice targetChangePrice then
13 Nov 2026
Wells Fargo
Jason Haas
—275.00 → 380.00+38.2%304.41
28 Oct 2026
UBS
Reiterated · Buy344.00 → 357.00+3.8%292.54

Ecolab EPS and revenue estimates

Analysts expect Ecolab's EPS to grow 13.9% a year until 2028.

Analysts expect Ecolab's revenue to grow 8.6% a year until 2028. Over the last 5 years it grew 6.4% a year, and over the last 3 years 4.3%.

Revenue

ReportedEstimate

EPS

ReportedEstimate
Fiscal yearEPSEPS growthEPS rangeRevenueRevenue growthRevenue rangeAnalysts
FY2028 (est.) 10.74+14.3%10.46 – 11.28 20.58B+6.4%19.97B – 20.99B5
FY2027 (est.) 9.40+15.3%9.00 – 9.56 19.35B+8.0%18.86B – 19.60B15
FY2026 (est.) 8.16+8.2%8.13 – 8.20 17.92B+11.4%17.81B – 18.03B14
FY2025 7.54+13.2%— 16.08B+2.1%——
FY2024 6.66+27.8%— 15.74B+2.7%——
FY2023 5.21+16.0%— 15.32B+8.0%——
FY2022 4.49—— 14.19B———

Does Ecolab beat earnings estimates?

On average, analysts' EPS estimate was 0.3% off the result, either way, and their revenue estimate 0.5%, over the last 12 quarters.

EPS beats
51 / 136
Revenue beats
57 / 120
Average EPS surprise, last 12
+0.2%
Since
February 1993
QuarterReport dateEPS estimateReported EPSSurpriseRevenue estimateReported revenueSurprise
Q3 FY202627 Oct 20262.182.180.0%4.70B4.69B-0.1%
Q2 FY202628 Jul 20262.082.09+0.5%4.38B4.42B+0.7%
Q1 FY202628 Apr 20261.701.700.0%4.03B4.07B+1.0%
Q4 FY202510 Feb 20262.072.08+0.5%4.19B4.19B+0.1%
Q3 FY202528 Oct 20252.072.070.0%4.12B4.17B+1.1%
Q2 FY202529 Jul 20251.901.89-0.5%4.02B4.03B+0.1%
Q1 FY202529 Apr 20251.501.500.0%3.70B3.70B-0.0%
Q4 FY202411 Feb 20251.811.810.0%3.99B4.01B+0.5%
Q3 FY202429 Oct 20241.821.83+0.5%4.03B4.00B-0.8%
Q2 FY202430 Jul 20241.671.68+0.6%4.03B3.99B-1.2%
Q1 FY202430 Apr 20241.341.340.0%3.74B3.75B+0.2%
Q4 FY202313 Feb 20241.541.55+0.6%3.93B3.94B+0.1%

Ecolab stock price 2026–2030: scenarios

If Ecolab's earnings keep growing at the 12.5% a year analysts expect to FY2028, it would earn about 13.60 a share in FY2030. At the P/E it has traded at over the last five years (31.5 to 59.4) that is 429.04 to 807.96 a share, or 561.33 at its average P/E of 41.3. This is arithmetic on the analysts' estimates, not a prediction.

Bull Base Bear
Fiscal yearEPSBearBaseBull
FY2026 8.16257.28336.61484.50
FY2027 9.40296.52387.95558.41
FY2028 10.74338.83443.30638.07
FY2029 (extrapolated)12.09381.27498.84718.01
FY2030 (extrapolated)13.60429.04561.33807.96

Each year's EPS is the analysts' consensus to FY2028; the years after grow 12.5% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (31.5, 41.3, 59.4).

Is Ecolab stock undervalued or overvalued?

Ecolab's P/E of 41.7 is around the middle of its 5-year range (30.4 to 59.7, median 40.4). It is in line with its own history. At its usual P/E (40.4 × EPS of 7.41), Ecolab's fair value is 299.04, close to the price of 308.76. Its forward P/E, on the consensus for FY2026, is 37.8.

The price against its fair value
Fair value 299.04Price 308.76225.18442.20

Fair value is the usual (median) P/E of the last five years times the earnings per share of the last twelve months; the ends of the bar are the same earnings at its lowest and highest P/E of those years (30.4 and 59.7). The price against its P/E range

Price to earnings ratio (TTM)
41.67
Five-year median P/E
40.36
Five-year P/E range
30.4 – 59.7
Forward P/E (FY2026)
37.85
PEG ratio
3.33
To the average target
+10.5%
See the full P/E history check Plus

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Common questions about the Ecolab stock forecast