Amcor (AMCR) Stock Forecast, Price Target & Predictions
AMCR Stock Forecast
Amcor stock forecast is as follows: an average price target of $10.30 (represents a -6.28% downside from AMCR’s last price of $10.99) and a rating consensus of 'Hold', based on 8 wall street analysts offering a 1-year stock forecast.
AMCR Price Target
The average price target for Amcor (AMCR) is $10.30 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $10.80 to $9.80. This represents a potential -6.28% downside from AMCR's last price of $10.99.
AMCR Analyst Ratings
According to 8 Wall Street analysts, Amcor's rating consensus is 'Hold'. The analyst rating breakdown for AMCR stock is 0 'Strong Buy' (0.00%), 3 'Buy' (37.50%), 5 'Hold' (62.50%), 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 |
|---|---|---|---|---|---|---|
| Jul 09, 2024 | Lars Kjellberg | Stifel Nicolaus | $10.80 | $9.63 | 12.15% | -1.73% |
| Jun 28, 2024 | Gabe Hajde | Wells Fargo | $9.80 | $9.81 | -0.10% | -10.83% |
The latest Amcor stock forecast, released on Jul 09, 2024 by Lars Kjellberg from Stifel Nicolaus, set a price target of $10.80, which represents a 12.15% increase from the stock price at the time of the forecast ($9.63), and a -1.73% decrease from AMCR last price ($10.99).
Amcor Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 2 |
| Avg Price Target | - | $10.30 | $10.30 |
| Last Closing Price | $10.99 | $10.99 | $10.99 |
| Upside/Downside | -100.00% | -6.28% | -6.28% |
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 $10.99. 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 |
|---|---|---|---|---|
| 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 | Wolfe Research | - | Outperform | Initialise |
| Oct 13, 2022 | Raymond James | - | Market Perform | Initialise |
| Oct 13, 2022 | BTIG | - | Neutral | Initialise |
Amcor's last stock rating was published by Citigroup on Aug 20, 2024. The company gave AMCR a "Neutral" rating, the same as its previous rate.
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 | Jul 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 | - | $3.71B | $3.51B | $3.42B | $3.45B | $3.21B | $3.10B | $3.10B | $3.14B | $3.14B | $3.04B | $3.14B | $2.60B |
| Avg Forecast | $3.84B | $3.80B | $3.63B | $3.72B | $3.65B | $3.54B | $3.39B | $3.44B | $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 | $3.93B | $3.89B | $3.71B | $3.80B | $3.74B | $3.62B | $3.47B | $3.52B | $3.70B | $3.57B | $3.45B | $3.61B | $3.88B | $3.75B | $3.72B | $3.67B | $3.78B | $3.50B | $3.38B | $3.32B | $3.36B | $3.31B | $3.14B | $3.16B | $3.42B | $3.16B | $3.27B | $3.23B | $2.70B |
| Low Forecast | $3.72B | $3.68B | $3.51B | $3.60B | $3.54B | $3.43B | $3.28B | $3.34B | $3.50B | $3.38B | $3.39B | $3.36B | $3.67B | $3.55B | $3.52B | $3.47B | $3.78B | $3.37B | $3.25B | $3.19B | $3.24B | $3.18B | $3.02B | $3.04B | $3.28B | $3.04B | $3.15B | $3.11B | $2.59B |
| # Analysts | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 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% | - | 1.08% | 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 $3.38B, and a high forecast of $3.57B. 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 | Jul 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 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 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 | - | $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 | $552.90M | $546.90M | $522.53M | $535.32M | $526.43M | $509.90M | $488.29M | $496.03M | $521.12M | $450.12M | $492.67M | $496.09M | $545.84M | $409.20M | $524.11M | $530.20M | $548.06M | $372.00M | $480.00M | $482.00M | $493.50M | $513.00M | $426.35M | $414.40M | $444.40M | $478.23M | $401.80M | $376.04M | $383.41M |
| High Forecast | $565.97M | $559.83M | $534.88M | $547.98M | $538.87M | $521.96M | $499.83M | $507.76M | $533.44M | $540.14M | $497.16M | $519.70M | $558.74M | $491.04M | $536.51M | $636.24M | $548.06M | $446.40M | $576.00M | $578.40M | $592.20M | $615.60M | $511.62M | $497.28M | $533.28M | $573.88M | $482.16M | $451.25M | $390.54M |
| Low Forecast | $535.66M | $529.85M | $506.23M | $518.63M | $510.01M | $494.00M | $473.06M | $480.56M | $504.87M | $360.10M | $488.18M | $483.97M | $528.81M | $327.36M | $507.77M | $424.16M | $548.06M | $297.60M | $384.00M | $385.60M | $394.80M | $410.40M | $341.08M | $331.52M | $355.52M | $382.58M | $321.44M | $300.83M | $375.59M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.86% | 0.54% | - | 1.17% | 0.92% | 0.93% | - | 1.42% | 1.00% | 1.00% | 1.05% | 1.00% | 1.06% | 1.07% | 1.00% | 0.94% | 1.07% | 0.88% | 1.05% |
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 | Jul 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 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 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 | - | $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 | $331.89M | $303.03M | $274.17M | $245.31M | $316.75M | $281.73M | $238.35M | $239.25M | $295.45M | $325.49M | $219.49M | $208.43M | $262.64M | $295.90M | $250.63M | $222.20M | $343.24M | $269.00M | $225.00M | $202.00M | $243.41M | $267.00M | $206.12M | $184.80M | $179.10M | $192.84M | $173.23M | $74.80M | $301.51M |
| High Forecast | $342.09M | $312.34M | $282.60M | $252.84M | $326.49M | $290.39M | $245.69M | $246.61M | $304.53M | $390.59M | $226.23M | $222.32M | $270.71M | $355.08M | $258.34M | $266.64M | $343.24M | $322.80M | $270.00M | $242.40M | $292.09M | $320.40M | $247.34M | $221.76M | $214.92M | $231.41M | $207.87M | $89.76M | $308.79M |
| Low Forecast | $318.44M | $290.75M | $263.06M | $235.37M | $303.91M | $270.32M | $228.69M | $225.18M | $283.48M | $260.39M | $210.59M | $194.53M | $251.99M | $236.72M | $240.48M | $177.76M | $343.24M | $215.20M | $180.00M | $161.60M | $194.73M | $213.60M | $164.89M | $147.84M | $143.28M | $154.28M | $138.58M | $59.84M | $293.52M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.61% | 0.73% | - | 0.60% | 1.83% | 1.04% | - | 1.00% | 1.02% | 1.00% | 1.05% | 1.00% | 1.06% | 1.07% | 1.00% | 0.94% | 1.07% | 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 | Jul 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 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 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 | - | $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 | $366.09M | $362.12M | $345.98M | $354.45M | $348.56M | $337.62M | $323.31M | $328.44M | $345.05M | $394.46M | $326.21M | $328.48M | $361.42M | $358.60M | $347.03M | $344.30M | $370.91M | $326.00M | $303.00M | $313.00M | $315.00M | $325.00M | $289.88M | $307.07M | $351.40M | $375.27M | $287.75M | $421.49M | $259.47M |
| High Forecast | $374.75M | $370.68M | $354.16M | $362.83M | $356.81M | $345.60M | $330.95M | $336.20M | $353.21M | $473.35M | $329.19M | $344.11M | $369.96M | $430.32M | $355.24M | $413.16M | $370.91M | $391.20M | $363.60M | $375.60M | $378.00M | $390.00M | $347.86M | $368.48M | $421.68M | $450.33M | $345.30M | $505.78M | $264.30M |
| Low Forecast | $354.68M | $350.83M | $335.19M | $343.40M | $337.70M | $327.09M | $313.23M | $318.20M | $334.29M | $315.57M | $323.24M | $320.45M | $350.15M | $286.88M | $336.21M | $275.44M | $370.91M | $260.80M | $242.40M | $250.40M | $252.00M | $260.00M | $231.91M | $245.65M | $281.12M | $300.22M | $230.20M | $337.19M | $254.18M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.92% | 0.92% | - | 0.88% | 0.86% | 0.88% | - | 1.00% | 1.00% | 1.00% | 1.05% | 1.00% | 1.06% | 1.07% | 1.00% | 0.94% | 1.07% | 0.88% | 1.44% |
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 | Jul 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 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 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 | - | $0.18 | $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 | $0.19 | $0.17 | $0.22 | $0.20 | $0.17 | $0.17 | $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 | $0.20 | $0.18 | $0.23 | $0.20 | $0.17 | $0.17 | $0.21 | $0.17 | $0.16 | $0.15 | $0.19 | $0.19 | $0.18 | $0.18 | $0.24 | $0.20 | $0.19 | $0.18 | $0.23 | $0.18 | $0.18 | $0.15 | $0.20 | $0.16 | $0.15 | $0.15 | $0.21 |
| Low Forecast | $0.22 | $0.20 | $0.18 | $0.16 | $0.21 | $0.19 | $0.16 | $0.16 | $0.20 | $0.16 | $0.15 | $0.13 | $0.17 | $0.18 | $0.17 | $0.17 | $0.24 | $0.19 | $0.18 | $0.17 | $0.21 | $0.17 | $0.17 | $0.14 | $0.19 | $0.15 | $0.14 | $0.14 | $0.20 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.61% | 0.76% | - | 0.65% | 1.78% | 0.91% | - | 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 $0.17. 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 |
|---|---|---|---|---|---|
| SEE | Sealed Air | $34.59 | $52.89 | 52.91% | Buy |
| OI | O-I Glass | $12.92 | $16.86 | 30.50% | Buy |
| SON | Sonoco Products Company | $55.68 | $70.17 | 26.02% | Buy |
| IP | International Paper Company | $49.49 | $56.70 | 14.57% | Buy |
| REYN | Reynolds Consumer Products | $31.35 | $35.00 | 11.64% | Hold |
| CCK | Crown | $92.22 | $100.25 | 8.71% | Buy |
| GPK | Graphic Packaging Company | $29.87 | $31.88 | 6.73% | Buy |
| AVY | Avery Dennison | $220.20 | $235.00 | 6.72% | Buy |
| BALL | Ball | $67.22 | $70.36 | 4.67% | Buy |
| SLGN | Silgan | $51.40 | $52.80 | 2.72% | Buy |
| WRK | WestRock | $51.51 | $49.75 | -3.42% | Buy |
| AMCR | Amcor | $10.99 | $10.30 | -6.28% | Hold |
| PKG | Packaging Corporation of America | $213.20 | $166.00 | -22.14% | Hold |
AMCR Forecast FAQ
Is Amcor a good buy?
No, according to 8 Wall Street analysts, Amcor (AMCR) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 37.50% of AMCR's total ratings.
What is AMCR's price target?
Amcor (AMCR) average price target is $10.3 with a range of $9.8 to $10.8, implying a -6.28% from its last price of $10.99. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Amcor stock go up soon?
According to Wall Street analysts' prediction for AMCR stock, the company can go down by -6.28% (from the last price of $10.99 to the average price target of $10.3), down by -1.73% based on the highest stock price target, and down by -10.83% based on the lowest stock price target.
Can Amcor stock reach $20?
AMCR's average twelve months analyst stock price target of $10.3 does not support the claim that Amcor can reach $20 in the near future.
What are Amcor's analysts' financial forecasts?
Amcor's analysts financial forecasts for the fiscal year (Jun 2025) are as follows: average revenue is $14.02B (high $14.36B, low $13.59B), average EBITDA is $2.02B (high $2.07B, low $1.96B), average net income is $1.08B (high $1.11B, low $1.03B), average SG&A $1.34B (high $1.37B, low $1.3B), and average EPS is $0.746 (high $0.769, low $0.712). AMCR's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $14.98B (high $15.33B, low $14.51B), average EBITDA is $2.16B (high $2.21B, low $2.09B), average net income is $1.15B (high $1.19B, low $1.11B), average SG&A $1.43B (high $1.46B, low $1.38B), and average EPS is $0.8 (high $0.825, low $0.768).
Did the AMCR's actual financial results beat the analysts' financial forecasts?
Based on Amcor's last annual report (Jun 2023), the company's revenue was $14.69K, which missed the average analysts forecast of $18.46B by -100.00%. Apple's EBITDA was $1.51K, missing the average prediction of $2.56B by -100.00%. The company's net income was $1.05K, missing the average estimation of $1.37B by -100.00%. Apple's SG&A was $1.25K, missing the average forecast of $1.78B by -100.00%. Lastly, the company's EPS was $0.71, missing the average prediction of $0.954 by -25.61%. In terms of the last quarterly report (Dec 2023), Amcor's revenue was $3.25B, missing the average analysts' forecast of $3.42B by -4.92%. The company's EBITDA was $424M, missing the average prediction of $492.67M by -13.94%. Amcor's net income was $134M, missing the average estimation of $219.49M by -38.95%. The company's SG&A was $299M, missing the average forecast of $326.21M by -8.34%. Lastly, the company's EPS was $0.093, missing the average prediction of $0.152 by -38.86%