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Berry Global Group (BERY) Stock Forecast, Price Target & Predictions

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BERY Stock Forecast

Berry Global Group stock forecast is as follows: an average price target of $76.00 (represents a 18.38% upside from BERY’s last price of $64.20) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.

BERY Price Target

The average price target for Berry Global Group (BERY) is $76.00 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $76.00 to $76.00. This represents a potential 18.38% upside from BERY's last price of $64.20.

BERY Analyst Ratings

Buy

According to 6 Wall Street analysts, Berry Global Group's rating consensus is 'Buy'. The analyst rating breakdown for BERY stock is 0 'Strong Buy' (0.00%), 3 'Buy' (50.00%), 3 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Berry Global Group Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 04, 2024Stefan DiazMorgan Stanley$76.00$68.2611.34%18.38%
Apr 16, 2024Ghansham PanjabiRobert W. Baird$65.00$56.4215.21%1.25%
Mar 27, 2024Michael RoxlandTruist Financial$68.00$59.2314.81%5.92%
Mar 15, 2024Arun ViswanathanRBC Capital$62.00$59.713.84%-3.43%
Feb 07, 2023RBC Capital$74.00$62.8117.82%15.26%
Feb 06, 2023Wells Fargo$75.00$64.3016.64%16.82%
Feb 06, 2023Barclays$67.00$64.304.20%4.36%
Feb 06, 2023Citigroup$81.00$64.3025.97%26.17%
Jan 10, 2023Morgan Stanley$60.00$61.70-2.75%-6.54%
Dec 06, 2022Credit Suisse$75.00$61.3522.25%16.82%
Nov 17, 2022RBC Capital$71.00$53.0033.96%10.59%
Oct 03, 2022Barclays$55.00$46.5318.20%-14.33%
Aug 04, 2022Mizuho Securities$69.00$54.5026.61%7.48%
May 10, 2022RBC Capital$70.00$55.5426.04%9.03%
May 09, 2022Deutsche Bank$69.00$56.3622.43%7.48%
May 06, 2022Robert W. Baird$73.00$59.1223.49%13.71%
Jan 28, 2022Curt WoodworthCredit Suisse$78.00$67.0316.37%21.50%
Jan 20, 2022Angel CastilloMorgan Stanley$79.00$71.889.91%23.05%
Jan 12, 2022Michael RoxlandTruist Financial$88.00$72.9720.60%37.07%
Nov 19, 2021Adam SamuelsonGoldman Sachs$84.00$65.5128.22%30.84%
Jul 06, 2021George StaphosBank of America Securities$82.00$65.3025.57%27.73%
May 05, 2021Kyle White, CFADeutsche Bank$78.00$66.2617.72%21.50%

The latest Berry Global Group stock forecast, released on Sep 04, 2024 by Stefan Diaz from Morgan Stanley, set a price target of $76.00, which represents a 11.34% increase from the stock price at the time of the forecast ($68.26), and a 18.38% increase from BERY last price ($64.20).

Berry Global Group Price Target by Period

1M3M12M
# Anlaysts--4
Avg Price Target--$67.75
Last Closing Price$64.20$64.20$64.20
Upside/Downside-100.00%-100.00%5.53%

In the current month, the average price target of Berry Global Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Berry Global Group's last price of $64.20. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Sep 04, 2024Morgan StanleyNegativeEqual-WeightInitialise
Sep 04, 2024Morgan StanleyEqual-WeightNegativeInitialise
Mar 15, 2024RBC CapitalOutperformSector PerformDowngrade
Dec 18, 2023Wells FargoOverweightOverweightHold
Oct 19, 2023Wells FargoOverweightOverweightHold
Aug 10, 2023Wells FargoOverweightOverweightHold
Feb 07, 2023RBC CapitalOutperformOutperformHold
Feb 06, 2023Wells FargoOverweightOverweightHold
Feb 06, 2023BarclaysEqual-WeightEqual-WeightHold
Feb 06, 2023CitigroupBuyBuyHold
Jan 10, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Dec 06, 2022Credit SuisseOutperformOutperformHold
Oct 03, 2022BarclaysEqual-WeightEqual-WeightHold
Jul 20, 2022Credit SuisseOutperformUpgrade
May 10, 2022RBC CapitalOutperformOutperformHold

Berry Global Group's last stock rating was published by Morgan Stanley on Sep 04, 2024. The company Initialise its BERY rating from "Negative" to "Equal-Weight".

Berry Global Group Financial Forecast

Berry Global Group Revenue Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
Revenue---------------$2.85B$3.09B$3.23B$3.29B$3.06B$3.42B$3.73B$3.77B$3.14B$3.67B$3.67B$3.37B-$3.01B$2.91B
Avg Forecast$2.74B$2.73B$2.64B$2.46B$2.66B$2.65B$2.58B$2.40B$2.74B$2.73B$2.65B$2.44B$3.13B$3.26B$3.16B$2.99B$3.14B$3.42B$3.47B$3.33B$3.65B$3.77B$3.70B$3.39B$3.47B$3.23B$3.19B$2.91B$2.97B$2.98B
High Forecast$3.18B$3.17B$3.07B$2.86B$3.09B$3.08B$3.00B$2.79B$3.19B$3.17B$2.71B$2.46B$3.13B$3.26B$3.16B$3.04B$3.31B$3.98B$4.03B$3.86B$3.65B$3.77B$3.70B$3.39B$3.47B$3.23B$3.19B$2.91B$2.97B$2.98B
Low Forecast$2.64B$2.63B$2.54B$2.37B$2.56B$2.55B$2.49B$2.31B$2.64B$2.62B$2.62B$2.40B$3.12B$3.26B$3.16B$2.95B$3.06B$3.29B$3.34B$3.20B$3.65B$3.77B$3.70B$3.39B$3.47B$3.23B$3.19B$2.91B$2.97B$2.98B
# Analysts5633333234773225107767778888888
Surprise %---------------0.95%0.98%0.94%0.95%0.92%0.94%0.99%1.02%0.93%1.06%1.14%1.06%-1.01%0.98%

Berry Global Group's average Quarter revenue forecast for Mar 24 based on 2 analysts is $3.16B, with a low forecast of $3.16B, and a high forecast of $3.16B. BERY's average Quarter revenue forecast represents a 10.59% increase compared to the company's last Quarter revenue of $2.85B (Dec 23).

Berry Global Group EBITDA Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts5633333234773225107767778888888
EBITDA---------------$157.00M$301.00M$267.00M$525.00M$420.00M$531.00M$399.00M$549.00M$494.00M$521.00M$541.00M$539.00M-$531.00M$563.00M
Avg Forecast$389.58M$387.79M$375.68M$349.71M$377.96M$376.89M$367.23M$341.10M$389.68M$387.63M$377.28M$347.19M$444.35M$462.61M$917.75M$425.05M$446.36M$486.43M$834.32M$523.15M$531.77M$549.09M$892.32M$494.08M$505.84M$471.33M$413.65M$424.67M$432.40M$434.07M
High Forecast$452.57M$450.49M$436.43M$406.26M$439.08M$437.83M$426.62M$396.26M$452.70M$450.31M$384.70M$350.12M$444.87M$462.61M$1.10B$432.16M$470.11M$565.09M$1.00B$627.78M$531.77M$549.09M$1.07B$494.08M$505.84M$471.33M$496.38M$424.67M$432.40M$434.07M
Low Forecast$374.81M$373.09M$361.44M$336.45M$363.63M$362.60M$353.31M$328.18M$374.91M$372.94M$372.82M$341.33M$443.83M$462.61M$734.20M$419.36M$434.23M$467.99M$667.46M$418.52M$531.77M$549.09M$713.86M$494.08M$505.84M$471.33M$330.92M$424.67M$432.40M$434.07M
Surprise %---------------0.37%0.67%0.55%0.63%0.80%1.00%0.73%0.62%1.00%1.03%1.15%1.30%-1.23%1.30%

2 analysts predict BERY's average Quarter EBITDA for Mar 24 to be $917.75M, with a high of $1.10B and a low of $734.20M. This is 484.56% upper than Berry Global Group's previous annual EBITDA (Dec 23) of $157.00M.

Berry Global Group Net Income Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts5633333234773225107767778888888
Net Income---------------$59.00M$186.00M$143.00M$174.00M$106.00M$233.00M$207.00M$205.00M$130.00M$228.00M$194.00M$181.00M-$195.00M$191.00M
Avg Forecast$228.49M$225.54M$202.08M$145.63M$232.70M$227.26M$208.52M$132.68M$219.31M$211.43M$193.68M$123.04M$245.61M$223.00M$304.98M$141.16M$230.81M$214.45M$277.26M$143.87M$247.20M$226.39M$296.53M$154.70M$177.99M$175.09M$138.91M$110.15M$141.91M$133.96M
High Forecast$276.53M$272.95M$244.55M$176.25M$281.61M$275.03M$252.35M$160.57M$265.41M$255.88M$200.55M$131.24M$254.70M$232.95M$365.98M$143.35M$238.46M$259.53M$332.71M$172.64M$247.20M$226.39M$355.84M$154.70M$177.99M$175.09M$166.69M$110.15M$141.91M$133.96M
Low Forecast$217.23M$214.43M$192.12M$138.46M$221.23M$216.06M$198.25M$126.14M$208.50M$201.01M$187.95M$114.83M$236.51M$213.04M$243.99M$137.88M$184.86M$203.88M$221.81M$115.09M$247.20M$226.39M$237.22M$154.70M$177.99M$175.09M$111.13M$110.15M$141.91M$133.96M
Surprise %---------------0.42%0.81%0.67%0.63%0.74%0.94%0.91%0.69%0.84%1.28%1.11%1.30%-1.37%1.43%

Berry Global Group's average Quarter net income forecast for Mar 24 is $304.98M, with a range of $243.99M to $365.98M. BERY's average Quarter net income forecast represents a 416.92% increase compared to the company's last Quarter net income of $59.00M (Dec 23).

Berry Global Group SG&A Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts5633333234773225107767778888888
SG&A---------------$235.00M$215.00M$215.00M$220.00M$236.00M$185.00M$215.00M$207.00M$241.00M$199.00M$207.00M$220.00M-$219.00M$198.00M
Avg Forecast$184.53M$183.68M$177.95M$165.64M$179.03M$178.52M$173.95M$161.57M$184.58M$183.61M$178.70M$164.45M$210.47M$219.12M$413.50M$201.33M$211.42M$230.40M$375.91M$279.41M$240.39M$248.23M$402.05M$223.36M$228.67M$213.07M$168.84M$191.98M$195.47M$196.23M
High Forecast$214.37M$213.38M$206.72M$192.43M$207.98M$207.38M$202.07M$187.70M$214.43M$213.30M$182.22M$165.84M$210.72M$219.12M$496.20M$204.70M$222.67M$267.66M$451.09M$335.29M$240.39M$248.23M$482.45M$223.36M$228.67M$213.07M$202.60M$191.98M$195.47M$196.23M
Low Forecast$177.53M$176.72M$171.20M$159.36M$172.24M$171.75M$167.35M$155.44M$177.58M$176.65M$176.59M$161.68M$210.23M$219.12M$330.80M$198.64M$205.68M$221.67M$300.73M$223.53M$240.39M$248.23M$321.64M$223.36M$228.67M$213.07M$135.07M$191.98M$195.47M$196.23M
Surprise %---------------1.17%1.02%0.93%0.59%0.84%0.77%0.87%0.51%1.08%0.87%0.97%1.30%-1.12%1.01%

Berry Global Group's average Quarter SG&A projection for Mar 24 is $413.50M, based on 2 Wall Street analysts, with a range of $330.80M to $496.20M. The forecast indicates a 75.96% rise compared to BERY last annual SG&A of $235.00M (Dec 23).

Berry Global Group EPS Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts5633333234773225107767778888888
EPS---------------$0.51$1.59$1.20$1.44$0.86$1.87$1.61$1.53$0.97$1.68$1.44$1.35-$1.47$1.44
Avg Forecast$1.95$1.92$1.72$1.24$1.98$1.94$1.78$1.13$1.87$1.80$1.65$1.05$2.09$1.90$1.75$1.20$1.97$1.83$1.71$1.18$2.12$1.94$1.79$1.33$1.53$1.50$1.28$0.94$1.22$1.15
High Forecast$2.36$2.32$2.08$1.50$2.40$2.34$2.15$1.37$2.26$2.18$1.71$1.12$2.17$1.98$1.83$1.22$2.03$2.21$2.06$1.43$2.12$1.94$1.79$1.33$1.53$1.50$1.28$0.94$1.22$1.15
Low Forecast$1.85$1.83$1.64$1.18$1.88$1.84$1.69$1.07$1.78$1.71$1.60$0.98$2.01$1.81$1.67$1.17$1.57$1.74$1.62$1.12$2.12$1.94$1.79$1.33$1.53$1.50$1.28$0.94$1.22$1.15
Surprise %---------------0.42%0.81%0.66%0.84%0.73%0.88%0.83%0.86%0.73%1.10%0.96%1.05%-1.21%1.25%

According to 2 Wall Street analysts, Berry Global Group's projected average Quarter EPS for Mar 24 is $1.75, with a low estimate of $1.67 and a high estimate of $1.83. This represents a 243.17% increase compared to BERY previous annual EPS of $0.51 (Dec 23).

Berry Global Group Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
MYEMyers Industries$12.32$30.00143.51%
OIO-I Glass$10.69$15.6346.21%Buy
CCKCrown$85.37$110.5629.51%Buy
AVYAvery Dennison$191.46$247.5029.27%Buy
REYNReynolds Consumer Products$27.91$35.0025.40%Hold
GEFGreif$64.35$80.5025.10%Buy
BALLBall$57.75$69.8320.92%Buy
GPKGraphic Packaging Company$28.74$34.0018.30%Buy
SONSonoco Products Company$50.46$58.5015.93%Buy
SEESealed Air$35.54$41.0015.36%Buy
BERYBerry Global Group$66.66$76.0014.01%Buy
AMCRAmcor$9.73$10.8011.00%Hold
PKGPackaging Corporation of America$232.55$252.508.58%Hold
SLGNSilgan$53.53$58.008.35%Buy

BERY Forecast FAQ

Is Berry Global Group a good buy?

Yes, according to 6 Wall Street analysts, Berry Global Group (BERY) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 50.00% of BERY's total ratings.

What is BERY's price target?

Berry Global Group (BERY) average price target is $76 with a range of $76 to $76, implying a 18.38% from its last price of $64.2. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Berry Global Group stock go up soon?

According to Wall Street analysts' prediction for BERY stock, the company can go up by 18.38% (from the last price of $64.2 to the average price target of $76), up by 18.38% based on the highest stock price target, and up by 18.38% based on the lowest stock price target.

Can Berry Global Group stock reach $100?

BERY's average twelve months analyst stock price target of $76 does not support the claim that Berry Global Group can reach $100 in the near future.

What are Berry Global Group's analysts' financial forecasts?

Berry Global Group's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $10.3B (high $11.96B, low $9.91B), average EBITDA is $1.46B (high $1.7B, low $1.41B), average net income is $801.16M (high $969.58M, low $761.68M), average SG&A $693.06M (high $805.13M, low $666.79M), and average EPS is $6.82 (high $8.26, low $6.49). BERY's analysts financial forecasts for the fiscal year (Sep 2027) are as follows: average revenue is $10.57B (high $12.28B, low $10.17B), average EBITDA is $1.5B (high $1.75B, low $1.45B), average net income is $801.74M (high $970.28M, low $762.24M), average SG&A $711.8M (high $826.9M, low $684.82M), and average EPS is $6.83 (high $8.26, low $6.49).

Did the BERY's actual financial results beat the analysts' financial forecasts?

Based on Berry Global Group's last annual report (Sep 2023), the company's revenue was $12.66B, which missed the average analysts forecast of $13.36B by -5.23%. Apple's EBITDA was $1.08B, missing the average prediction of $2.29B by -52.89%. The company's net income was $609M, missing the average estimation of $866.38M by -29.71%. Apple's SG&A was $886M, missing the average forecast of $1.1B by -19.25%. Lastly, the company's EPS was $5.07, missing the average prediction of $6.68 by -24.06%. In terms of the last quarterly report (Dec 2023), Berry Global Group's revenue was $2.85B, missing the average analysts' forecast of $2.99B by -4.61%. The company's EBITDA was $157M, missing the average prediction of $425.05M by -63.06%. Berry Global Group's net income was $59M, missing the average estimation of $141.16M by -58.20%. The company's SG&A was $235M, beating the average forecast of $201.33M by 16.72%. Lastly, the company's EPS was $0.51, missing the average prediction of $1.2 by -57.59%