Greif (GEF) Stock Forecast, Price Target & Predictions


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GEF Stock Forecast


Greif stock forecast is as follows: an average price target of $73.50 (represents a 5.26% upside from GEF’s last price of $69.83) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

GEF Price Target


The average price target for Greif (GEF) is $73.50 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $85.00 to $62.00. This represents a potential 5.26% upside from GEF's last price of $69.83.

GEF Analyst Ratings


Buy

According to 4 Wall Street analysts, Greif's rating consensus is 'Buy'. The analyst rating breakdown for GEF stock is 0 'Strong Buy' (0.00%), 2 'Buy' (50.00%), 2 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Greif Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 30, 2024Brian ButlerStifel Nicolaus$85.00$62.5235.96%21.72%
Aug 26, 2024Gabe HajdeWells Fargo$76.00$63.7819.16%8.84%
Jun 06, 2024Michael HoffmanStifel Nicolaus$88.00$63.0339.62%26.02%
Apr 18, 2024Michael RoxlandTruist Financial$71.00$61.7415.00%1.68%
Jan 11, 2024Gabe HajdeWells Fargo$75.00$65.2914.87%7.40%
Oct 30, 2022Mark WildeBMO Capital$62.00$69.05-10.21%-11.21%
Sep 05, 2022Mark WildeBMO Capital$70.00$67.264.07%0.24%
Jun 13, 2022Gabe HajdeWells Fargo$73.00$61.1019.47%4.54%
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The latest Greif stock forecast, released on Aug 30, 2024 by Brian Butler from Stifel Nicolaus, set a price target of $85.00, which represents a 35.96% increase from the stock price at the time of the forecast ($62.52), and a 21.72% increase from GEF last price ($69.83).

Greif Price Target by Period


1M3M12M
# Anlaysts-25
Avg Price Target-$80.50$79.00
Last Closing Price$69.83$69.83$69.83
Upside/Downside-100.00%15.28%13.13%

In the current month, the average price target of Greif stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Greif's last price of $69.83. 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


DateCompanyPrevious RatingNew RatingRating Change
Aug 26, 2024Wells FargoOverweightOverweightHold
Jul 18, 2024Raymond James-Market PerformInitialise
Jun 17, 2024Bank of America SecuritiesNeutralBuyUpgrade
Jun 07, 2024Wells FargoOverweightOverweightHold
Jun 07, 2024Bank of America SecuritiesNeutralNeutralHold
Jan 11, 2024Wells FargoEqual-WeightOverweightUpgrade
Jul 10, 2023Bank of America SecuritiesReduceNeutralUpgrade
Jun 09, 2023Wells FargoEqual-WeightEqual-WeightHold
Oct 30, 2022BMO CapitalMarket PerformUnderperformDowngrade
Oct 13, 2022Bank of America Securities-ReduceDowngrade
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Greif's last stock rating was published by Wells Fargo on Aug 26, 2024. The company gave GEF a "Overweight" rating, the same as its previous rate.

Greif Financial Forecast


Greif Revenue Forecast

Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19May 19Jan 19May 18May 17
Revenue-------$1.21B$1.31B$1.33B-$1.27B$1.50B$1.62B-$1.56B$1.58B$1.49B-$1.15B$1.16B$1.08B-$1.11B$1.23B$1.25B-$897.00M--
Avg Forecast$1.46B$1.50B$1.45B$1.31B$1.41B$1.42B$1.30B$1.26B$1.34B$1.39B$1.42B$1.35B$1.58B$1.60B$1.51B$1.46B$1.48B$1.39B$1.29B$1.13B$1.17B$1.13B$1.15B$1.15B$1.26B$1.34B$1.24B$922.24M$1.22B$912.11M
High Forecast$1.48B$1.52B$1.47B$1.32B$1.43B$1.45B$1.30B$1.27B$1.36B$1.41B$1.44B$1.36B$1.61B$1.62B$1.53B$1.49B$1.51B$1.41B$1.31B$1.15B$1.19B$1.15B$1.17B$1.17B$1.28B$1.36B$1.26B$937.41M$1.46B$1.09B
Low Forecast$1.44B$1.49B$1.44B$1.30B$1.38B$1.40B$1.30B$1.25B$1.33B$1.38B$1.41B$1.33B$1.56B$1.58B$1.49B$1.44B$1.46B$1.37B$1.27B$1.12B$1.15B$1.12B$1.14B$1.14B$1.24B$1.32B$1.23B$910.34M$975.94M$729.69M
# Analysts1113522132221111111134565222716
Surprise %-------0.96%0.97%0.96%-0.94%0.95%1.02%-1.07%1.06%1.07%-1.01%0.99%0.95%-0.97%0.98%0.93%-0.97%--

Greif's average Quarter revenue forecast for May 24 based on 2 analysts is $1.30B, with a low forecast of $1.30B, and a high forecast of $1.30B. GEF's average Quarter revenue forecast represents a 7.81% increase compared to the company's last Quarter revenue of $1.21B (Jan 24).

Greif EBITDA Forecast

Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19May 19Jan 19May 18May 17
# Analysts1113522132221111111134565222716
EBITDA-------$68.90M$195.20M$155.60M-$164.00M$216.90M$249.40M-$195.50M$209.40M$234.50M-$128.70M$153.10M$158.10M-$162.20M$186.30M$201.60M-$106.20M--
Avg Forecast$205.78M$211.51M$204.46M$184.58M$198.52M$200.64M$144.28M$177.80M$189.28M$196.11M$131.17M$149.37M$226.95M$229.17M$119.24M$209.95M$212.98M$199.37M$96.79M$162.58M$167.89M$162.96M$125.96M$165.24M$180.70M$192.62M$60.44M$132.46M$68.16M$39.49M
High Forecast$208.28M$214.08M$206.95M$185.98M$201.32M$204.33M$173.14M$178.84M$191.59M$198.49M$157.40M$179.25M$230.64M$232.94M$143.09M$213.40M$216.48M$202.65M$116.15M$165.26M$170.66M$165.64M$151.15M$167.95M$183.67M$195.79M$72.53M$134.64M$81.79M$47.39M
Low Forecast$203.60M$209.27M$202.30M$183.18M$194.33M$196.95M$115.43M$176.77M$187.28M$194.03M$104.93M$119.50M$224.14M$226.21M$95.39M$207.24M$210.23M$196.80M$77.43M$160.48M$165.73M$160.86M$100.77M$163.10M$178.37M$190.14M$48.35M$130.75M$54.53M$31.59M
Surprise %-------0.39%1.03%0.79%-1.10%0.96%1.09%-0.93%0.98%1.18%-0.79%0.91%0.97%-0.98%1.03%1.05%-0.80%--

2 analysts predict GEF's average Quarter EBITDA for May 24 to be $144.28M, with a high of $173.14M and a low of $115.43M. This is 109.41% upper than Greif's previous annual EBITDA (Jan 24) of $68.90M.

Greif Net Income Forecast

Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19May 19Jan 19May 18May 17
# Analysts1113522132221111111134565222716
Net Income-------$67.20M$67.80M$90.30M-$89.90M$99.50M$141.80M-$17.30M$108.80M$113.00M-$23.40M$44.40M$20.70M-$32.30M$65.00M$62.70M-$29.70M--
Avg Forecast$80.46M$85.40M$76.34M$43.46M$63.32M$66.04M$20.13M$27.16M$75.67M$89.32M$18.30M$81.01M$112.42M$116.31M$16.64M$69.25M$86.33M$89.24M$19.87M$30.91M$41.54M$49.38M$27.01M$32.92M$63.03M$68.26M$29.24M$36.27M$71.05M$5.94M
High Forecast$81.74M$86.75M$77.55M$44.09M$72.12M$66.34M$24.16M$27.38M$82.07M$90.74M$21.96M$97.21M$114.79M$118.80M$19.97M$70.73M$88.18M$91.14M$23.84M$31.57M$42.43M$50.44M$32.42M$33.63M$64.38M$69.72M$35.08M$37.04M$85.26M$7.13M
Low Forecast$79.36M$84.23M$75.29M$42.86M$57.46M$65.74M$16.11M$26.94M$71.60M$88.10M$14.64M$64.80M$110.61M$114.36M$13.31M$68.09M$84.88M$87.74M$15.89M$30.39M$40.84M$48.55M$21.61M$32.37M$61.98M$67.12M$23.39M$35.66M$56.84M$4.75M
Surprise %-------2.47%0.90%1.01%-1.11%0.89%1.22%-0.25%1.26%1.27%-0.76%1.07%0.42%-0.98%1.03%0.92%-0.82%--

Greif's average Quarter net income forecast for May 24 is $20.13M, with a range of $16.11M to $24.16M. GEF's average Quarter net income forecast represents a -70.04% decrease compared to the company's last Quarter net income of $67.20M (Jan 24).

Greif SG&A Forecast

Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19May 19Jan 19May 18May 17
# Analysts1113522132221111111134565222716
SG&A-------$145.80M$136.80M$135.70M-$139.40M$140.40M$141.60M-$151.60M$142.20M$142.60M-$134.30M$139.10M$120.40M-$135.30M$130.40M$138.90M-$98.10M--
Avg Forecast$152.83M$157.09M$151.85M$137.09M$147.44M$149.02M$168.89M$132.05M$140.58M$145.65M$153.54M$110.23M$165.37M$166.99M$139.58M$152.99M$155.19M$145.28M$114.03M$118.47M$122.34M$118.75M$113.16M$120.40M$131.67M$140.36M$96.57M$96.52M$130.54M$132.11M
High Forecast$154.69M$159.00M$153.70M$138.13M$149.52M$151.75M$202.67M$132.82M$142.29M$147.42M$184.25M$132.27M$168.06M$169.74M$167.50M$155.50M$157.74M$147.67M$136.83M$120.42M$124.35M$120.70M$135.79M$122.38M$133.84M$142.67M$115.88M$98.11M$156.64M$158.53M
Low Forecast$151.22M$155.43M$150.25M$136.05M$144.33M$146.28M$135.11M$131.28M$139.10M$144.11M$122.83M$88.18M$163.33M$164.84M$111.66M$151.01M$153.19M$143.40M$91.22M$116.94M$120.76M$117.21M$90.53M$118.85M$129.97M$138.55M$77.25M$95.27M$104.43M$105.69M
Surprise %-------1.10%0.97%0.93%-1.26%0.85%0.85%-0.99%0.92%0.98%-1.13%1.14%1.01%-1.12%0.99%0.99%-1.02%--

Greif's average Quarter SG&A projection for May 24 is $168.89M, based on 2 Wall Street analysts, with a range of $135.11M to $202.67M. The forecast indicates a 15.84% rise compared to GEF last annual SG&A of $145.80M (Jan 24).

Greif EPS Forecast

Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19Jul 19May 19Jan 19May 18May 17
# Analysts1113522132221111111134565222716
EPS-------$2.63$1.19$3.54-$1.55$1.70$2.38-$0.29$1.83$1.90-$0.40$0.74$0.35-$0.55$1.09$1.06-$0.51--
Avg Forecast$1.39$1.47$1.31$0.75$1.09$1.14$0.85$0.47$1.30$1.54$1.32$1.21$1.94$2.00$1.71$1.19$1.49$1.54$1.06$0.53$0.71$0.85$0.75$0.57$1.08$1.18$0.79$0.62$0.83$0.55
High Forecast$1.41$1.49$1.33$0.76$1.24$1.14$0.86$0.47$1.41$1.56$1.38$1.23$1.98$2.04$1.75$1.22$1.52$1.57$1.09$0.54$0.73$0.87$0.77$0.58$1.11$1.20$0.81$0.64$1.00$0.66
Low Forecast$1.37$1.45$1.30$0.74$0.99$1.13$0.84$0.46$1.23$1.52$1.27$1.19$1.90$1.97$1.68$1.17$1.46$1.51$1.05$0.52$0.70$0.84$0.74$0.56$1.07$1.16$0.78$0.61$0.66$0.44
Surprise %-------5.63%0.91%2.30%-1.28%0.88%1.19%-0.24%1.23%1.24%-0.75%1.03%0.41%-0.97%1.00%0.90%-0.82%--

According to 2 Wall Street analysts, Greif's projected average Quarter EPS for May 24 is $0.85, with a low estimate of $0.84 and a high estimate of $0.86. This represents a -67.68% decrease compared to GEF previous annual EPS of $2.63 (Jan 24).

Greif Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
SONSonoco Products Company$49.97$68.0036.08%Buy
GPKGraphic Packaging Company$28.53$31.8811.74%Buy
GEFGreif$69.83$73.505.26%Buy
SLGNSilgan$54.77$53.40-2.50%Buy
ATRAptarGroup$168.73$138.00-18.21%Buy

GEF Forecast FAQ


Is Greif a good buy?

Yes, according to 4 Wall Street analysts, Greif (GEF) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 50.00% of GEF's total ratings.

What is GEF's price target?

Greif (GEF) average price target is $73.5 with a range of $62 to $85, implying a 5.26% from its last price of $69.83. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Greif stock go up soon?

According to Wall Street analysts' prediction for GEF stock, the company can go up by 5.26% (from the last price of $69.83 to the average price target of $73.5), up by 21.72% based on the highest stock price target, and down by -11.21% based on the lowest stock price target.

Can Greif stock reach $100?

GEF's average twelve months analyst stock price target of $73.5 does not support the claim that Greif can reach $100 in the near future.

What are Greif's analysts' financial forecasts?

Greif's analysts financial forecasts for the fiscal year (Oct 2024) are as follows: average revenue is $5.39B (high $5.45B, low $5.33B), average EBITDA is $721.25M (high $757.63M, low $683.48M), average net income is $176.65M (high $189.99M, low $166.25M), average SG&A $597.41M (high $636.77M, low $557M), and average EPS is $3.54 (high $3.72, low $3.42). GEF's analysts financial forecasts for the fiscal year (Oct 2025) are as follows: average revenue is $5.72B (high $5.79B, low $5.67B), average EBITDA is $806.32M (high $815.29M, low $798.36M), average net income is $285.66M (high $290.12M, low $281.74M), average SG&A $598.86M (high $605.52M, low $592.94M), and average EPS is $4.92 (high $4.99, low $4.85).

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

Based on Greif's last annual report (Oct 2023), the company's revenue was $5.22B, which missed the average analysts forecast of $5.5B by -5.18%. Apple's EBITDA was $813.1M, beating the average prediction of $665.93M by 22.10%. The company's net income was $359.2M, beating the average estimation of $264.3M by 35.91%. Apple's SG&A was $549.1M, missing the average forecast of $550M by -0.16%. Lastly, the company's EPS was $6.22, beating the average prediction of $5.37 by 15.77%. In terms of the last quarterly report (Jan 2024), Greif's revenue was $1.21B, missing the average analysts' forecast of $1.26B by -4.44%. The company's EBITDA was $68.9M, missing the average prediction of $177.8M by -61.25%. Greif's net income was $67.2M, beating the average estimation of $27.16M by 147.42%. The company's SG&A was $145.8M, beating the average forecast of $132.05M by 10.41%. Lastly, the company's EPS was $2.63, beating the average prediction of $0.468 by 462.57%