The 20-year old striker is rated highly at Villa Park and is expected to push for a first team spot next season after scoring seven goals in all competitions for the Lilywhites who are preparing for the Championship play-off semi-finals against Chesterfield.
When asked about a loan for Robinson next season, Sherwood said: "No.
"There have been rave reviews for him.
"I think it's been a very good loan for him. Simon Grayson and Preston have been excellent for him.
"He's played first and foremost but he's done well."