Amcor (AMCR) Stock Forecast, Price Target & Predictions
AMCR Stock Forecast
Amcor stock forecast is as follows: an average price target of $10.80 (represents a 14.89% upside from AMCR’s last price of $9.40) and a rating consensus of 'Hold', based on 9 wall street analysts offering a 1-year stock forecast.
AMCR Price Target
The average price target for Amcor (AMCR) is $10.80 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $10.80 to $10.80. This represents a potential 14.89% upside from AMCR's last price of $9.40.
AMCR Analyst Ratings
According to 9 Wall Street analysts, Amcor's rating consensus is 'Hold'. The analyst rating breakdown for AMCR stock is 0 'Strong Buy' (0.00%), 4 'Buy' (44.44%), 5 'Hold' (55.56%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Amcor Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 15, 2024 | Gabe Hajde | Wells Fargo | $10.80 | $11.34 | -4.76% | 14.89% |
| Jul 09, 2024 | Lars Kjellberg | Stifel Nicolaus | $10.80 | $9.63 | 12.15% | 14.89% |
| Jun 28, 2024 | Gabe Hajde | Wells Fargo | $9.80 | $9.81 | -0.10% | 4.26% |
The latest Amcor stock forecast, released on Oct 15, 2024 by Gabe Hajde from Wells Fargo, set a price target of $10.80, which represents a -4.76% decrease from the stock price at the time of the forecast ($11.34), and a 14.89% increase from AMCR last price ($9.40).
Amcor Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $10.80 | $10.47 |
| Last Closing Price | $9.40 | $9.40 | $9.40 |
| Upside/Downside | -100.00% | 14.89% | 11.38% |
In the current month, the average price target of Amcor stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Amcor's last price of $9.40. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 27, 2024 | Macquarie | Outperform | Upgrade | |
| Oct 15, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Aug 20, 2024 | Citigroup | Neutral | Neutral | Hold |
| Aug 16, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jun 28, 2024 | Wells Fargo | Equal-Weight | Initialise | |
| Oct 13, 2022 | Prescience Point | Buy | Upgrade | |
| Oct 13, 2022 | Bank of America Securities | Buy | Neutral | Upgrade |
| Oct 13, 2022 | Citigroup | Buy | Upgrade | |
| Oct 13, 2022 | Goldman Sachs | Buy | Initialise | |
| Oct 13, 2022 | Raymond James | Market Perform | Initialise | |
| Oct 13, 2022 | Wolfe Research | Outperform | Initialise | |
| Oct 13, 2022 | BTIG | Neutral | Initialise | |
| Oct 13, 2022 | Bank of America Securities | Buy | Upgrade |
Amcor's last stock rating was published by Macquarie on Nov 27, 2024. The company Upgrade its AMCR rating from "null" to "Outperform".
Amcor Financial Forecast
Amcor Revenue Forecast
| Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | $3.25B | $3.44B | - | $3.67B | $3.64B | $3.71B | $3.91B | $3.71B | $3.51B | $3.42B | $3.45B | $3.21B | $3.10B | $3.10B | $3.14B | $3.14B | $3.04B | $3.14B | $2.60B |
| Avg Forecast | $3.88B | $3.84B | $3.63B | $3.49B | $3.64B | $3.52B | $3.35B | $3.43B | $3.62B | $3.49B | $3.42B | $3.44B | $3.79B | $3.67B | $3.64B | $3.58B | $3.78B | $3.44B | $3.32B | $3.26B | $3.30B | $3.25B | $3.09B | $3.11B | $3.35B | $3.11B | $3.21B | $3.17B | $2.65B |
| High Forecast | $4.03B | $3.98B | $3.77B | $3.62B | $3.78B | $3.60B | $3.40B | $3.56B | $3.62B | $3.49B | $3.45B | $3.61B | $3.93B | $3.81B | $3.78B | $3.58B | $3.78B | $3.44B | $3.32B | $3.26B | $3.30B | $3.25B | $3.09B | $3.11B | $3.35B | $3.11B | $3.21B | $3.17B | $2.65B |
| Low Forecast | $3.79B | $3.75B | $3.54B | $3.41B | $3.56B | $3.44B | $3.30B | $3.35B | $3.62B | $3.49B | $3.39B | $3.36B | $3.70B | $3.58B | $3.55B | $3.58B | $3.78B | $3.44B | $3.32B | $3.26B | $3.30B | $3.25B | $3.09B | $3.11B | $3.35B | $3.11B | $3.21B | $3.17B | $2.65B |
| # Analysts | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.95% | 1.00% | - | 1.00% | 1.00% | 1.04% | 1.03% | 1.08% | 1.06% | 1.05% | 1.05% | 0.99% | 1.01% | 1.00% | 0.94% | 1.01% | 0.95% | 0.99% | 0.98% |
Amcor's average Quarter revenue forecast for Mar 24 based on 1 analysts is $3.49B, with a low forecast of $3.49B, and a high forecast of $3.49B. AMCR's average Quarter revenue forecast represents a 7.38% increase compared to the company's last Quarter revenue of $3.25B (Dec 23).
Amcor EBITDA Forecast
| Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | $424.00M | $270.00M | - | $478.00M | $482.00M | $494.00M | $604.00M | $530.00M | $480.00M | $482.00M | $517.00M | $513.00M | $453.00M | $444.00M | $444.40M | $450.90M | $430.50M | $331.80M | $403.30M |
| Avg Forecast | $532.33M | $526.43M | $497.66M | $478.52M | $499.78M | $483.10M | $459.63M | $471.00M | $496.31M | $450.12M | $469.22M | $472.48M | $519.86M | $409.20M | $528.00M | $515.87M | $545.04M | $372.00M | $477.90M | $469.10M | $475.93M | $513.00M | $444.77M | $447.69M | $483.14M | $478.23M | $462.74M | $376.04M | $381.29M |
| High Forecast | $552.67M | $546.55M | $516.67M | $496.80M | $518.87M | $493.81M | $466.31M | $488.99M | $496.32M | $540.14M | $473.50M | $494.97M | $539.72M | $491.04M | $633.60M | $515.87M | $545.04M | $446.40M | $477.90M | $469.10M | $475.93M | $615.60M | $444.77M | $447.69M | $483.14M | $573.88M | $462.74M | $451.25M | $381.29M |
| Low Forecast | $519.99M | $514.23M | $486.12M | $467.42M | $488.19M | $472.40M | $452.95M | $460.07M | $496.31M | $360.10M | $464.94M | $460.93M | $507.80M | $327.36M | $422.40M | $515.87M | $545.04M | $297.60M | $477.90M | $469.10M | $475.93M | $410.40M | $444.77M | $447.69M | $483.14M | $382.58M | $462.74M | $300.83M | $381.29M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.57% | - | 1.17% | 0.91% | 0.96% | 1.11% | 1.42% | 1.00% | 1.03% | 1.09% | 1.00% | 1.02% | 0.99% | 0.92% | 0.94% | 0.93% | 0.88% | 1.06% |
1 analysts predict AMCR's average Quarter EBITDA for Mar 24 to be $450.12M, with a high of $540.14M and a low of $360.10M. This is 6.16% upper than Amcor's previous annual EBITDA (Dec 23) of $424.00M.
Amcor Net Income Forecast
| Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | $134.00M | $152.00M | - | $177.00M | $459.00M | $232.00M | $109.00M | $269.00M | $229.00M | $202.00M | $255.00M | $267.00M | $219.00M | $198.00M | $179.10M | $181.50M | $185.60M | $66.00M | $80.60M |
| Avg Forecast | $332.12M | $303.24M | $259.92M | $245.48M | $320.00M | $279.53M | $231.78M | $236.35M | $295.66M | $325.49M | $219.65M | $208.57M | $262.82M | $295.90M | $247.50M | $254.73M | $343.95M | $269.00M | $262.08M | $252.47M | $317.16M | $267.00M | $249.42M | $214.78M | $276.91M | $192.84M | $212.99M | $74.80M | $302.14M |
| High Forecast | $348.61M | $318.30M | $272.83M | $257.67M | $335.90M | $293.42M | $243.29M | $248.09M | $295.85M | $390.59M | $230.56M | $222.48M | $275.88M | $355.08M | $297.00M | $254.73M | $343.95M | $322.80M | $262.08M | $252.47M | $317.16M | $320.40M | $249.42M | $214.78M | $276.91M | $231.41M | $212.99M | $89.76M | $302.14M |
| Low Forecast | $322.11M | $294.10M | $252.08M | $238.07M | $310.36M | $271.10M | $217.29M | $229.24M | $295.47M | $260.39M | $213.02M | $194.67M | $254.89M | $236.72M | $198.00M | $254.73M | $343.95M | $215.20M | $262.08M | $252.47M | $317.16M | $213.60M | $249.42M | $214.78M | $276.91M | $154.28M | $212.99M | $59.84M | $302.14M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.61% | 0.73% | - | 0.60% | 1.85% | 0.91% | 0.32% | 1.00% | 0.87% | 0.80% | 0.80% | 1.00% | 0.88% | 0.92% | 0.65% | 0.94% | 0.87% | 0.88% | 0.27% |
Amcor's average Quarter net income forecast for Mar 24 is $325.49M, with a range of $260.39M to $390.59M. AMCR's average Quarter net income forecast represents a 142.90% increase compared to the company's last Quarter net income of $134.00M (Dec 23).
Amcor SG&A Forecast
| Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | $299.00M | $302.00M | - | $317.00M | $298.00M | $302.00M | $342.00M | $326.00M | $303.00M | $313.00M | $330.00M | $325.00M | $308.00M | $329.00M | $351.40M | $353.20M | $308.30M | $371.90M | $374.80M |
| Avg Forecast | $370.09M | $365.99M | $345.98M | $332.67M | $347.45M | $335.86M | $319.54M | $327.45M | $345.05M | $394.46M | $326.21M | $328.48M | $361.42M | $358.60M | $333.30M | $341.57M | $360.89M | $326.00M | $316.44M | $310.61M | $315.13M | $325.00M | $294.49M | $296.43M | $319.90M | $375.27M | $306.40M | $421.49M | $252.47M |
| High Forecast | $384.23M | $379.97M | $359.20M | $345.38M | $360.73M | $343.31M | $324.19M | $339.96M | $345.05M | $473.35M | $329.19M | $344.11M | $375.22M | $430.32M | $399.96M | $341.57M | $360.89M | $391.20M | $316.44M | $310.61M | $315.13M | $390.00M | $294.49M | $296.43M | $319.90M | $450.33M | $306.40M | $505.78M | $252.47M |
| Low Forecast | $361.51M | $357.50M | $337.96M | $324.96M | $339.40M | $328.42M | $314.90M | $319.85M | $345.05M | $315.57M | $323.24M | $320.45M | $353.03M | $286.88M | $266.64M | $341.57M | $360.89M | $260.80M | $316.44M | $310.61M | $315.13M | $260.00M | $294.49M | $296.43M | $319.90M | $300.22M | $306.40M | $337.19M | $252.47M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.92% | 0.92% | - | 0.88% | 0.89% | 0.88% | 0.95% | 1.00% | 0.96% | 1.01% | 1.05% | 1.00% | 1.05% | 1.11% | 1.10% | 0.94% | 1.01% | 0.88% | 1.48% |
Amcor's average Quarter SG&A projection for Mar 24 is $394.46M, based on 1 Wall Street analysts, with a range of $315.57M to $473.35M. The forecast indicates a 31.93% rise compared to AMCR last annual SG&A of $299.00M (Dec 23).
Amcor EPS Forecast
| Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | $0.09 | $0.11 | - | $0.12 | $0.31 | $0.16 | $0.07 | $0.18 | $0.15 | $0.13 | $0.17 | $0.17 | $0.14 | $0.13 | $0.11 | $0.11 | $0.12 | $0.04 | $0.05 |
| Avg Forecast | $0.23 | $0.21 | $0.18 | $0.17 | $0.22 | $0.19 | $0.16 | $0.16 | $0.20 | $0.16 | $0.15 | $0.14 | $0.18 | $0.18 | $0.17 | $0.18 | $0.24 | $0.20 | $0.18 | $0.17 | $0.22 | $0.17 | $0.17 | $0.15 | $0.19 | $0.16 | $0.15 | $0.14 | $0.21 |
| High Forecast | $0.24 | $0.22 | $0.19 | $0.18 | $0.23 | $0.20 | $0.17 | $0.17 | $0.20 | $0.16 | $0.16 | $0.15 | $0.19 | $0.19 | $0.18 | $0.18 | $0.24 | $0.20 | $0.18 | $0.17 | $0.22 | $0.17 | $0.17 | $0.15 | $0.19 | $0.16 | $0.15 | $0.14 | $0.21 |
| Low Forecast | $0.22 | $0.20 | $0.17 | $0.16 | $0.21 | $0.19 | $0.15 | $0.16 | $0.20 | $0.16 | $0.15 | $0.13 | $0.18 | $0.18 | $0.17 | $0.18 | $0.24 | $0.20 | $0.18 | $0.17 | $0.22 | $0.17 | $0.17 | $0.15 | $0.19 | $0.16 | $0.15 | $0.14 | $0.21 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.61% | 0.76% | - | 0.65% | 1.78% | 0.91% | 0.31% | 0.91% | 0.83% | 0.75% | 0.77% | 0.99% | 0.81% | 0.85% | 0.57% | 0.73% | 0.78% | 0.28% | 0.24% |
According to 1 Wall Street analysts, Amcor's projected average Quarter EPS for Mar 24 is $0.16, with a low estimate of $0.16 and a high estimate of $0.16. This represents a 77.24% increase compared to AMCR previous annual EPS of $0.09 (Dec 23).
Amcor Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| OI | O-I Glass | $10.69 | $15.63 | 46.21% | Buy |
| CCK | Crown | $85.37 | $110.56 | 29.51% | Buy |
| AVY | Avery Dennison | $191.46 | $247.50 | 29.27% | Buy |
| REYN | Reynolds Consumer Products | $27.91 | $35.00 | 25.40% | Hold |
| BALL | Ball | $57.75 | $69.83 | 20.92% | Buy |
| GPK | Graphic Packaging Company | $28.74 | $34.00 | 18.30% | Buy |
| SON | Sonoco Products Company | $50.46 | $58.50 | 15.93% | Buy |
| SEE | Sealed Air | $35.54 | $41.00 | 15.36% | Buy |
| AMCR | Amcor | $9.73 | $10.80 | 11.00% | Hold |
| PKG | Packaging Corporation of America | $232.55 | $252.50 | 8.58% | Hold |
| SLGN | Silgan | $53.53 | $58.00 | 8.35% | Buy |
| IP | International Paper Company | $55.24 | $54.67 | -1.03% | Buy |