Greif (GEF) Stock Forecast, Price Target & Predictions
GEF Stock Forecast
Greif stock forecast is as follows: an average price target of $73.50 (represents a 17.83% upside from GEF’s last price of $62.38) 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 17.83% upside from GEF's last price of $62.38.
GEF Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 30, 2024 | Brian Butler | Stifel Nicolaus | $85.00 | $62.52 | 35.96% | 36.26% |
| Aug 26, 2024 | Gabe Hajde | Wells Fargo | $76.00 | $63.78 | 19.16% | 21.83% |
| Jun 06, 2024 | Michael Hoffman | Stifel Nicolaus | $88.00 | $63.03 | 39.62% | 41.07% |
| Apr 18, 2024 | Michael Roxland | Truist Financial | $71.00 | $61.74 | 15.00% | 13.82% |
| Jan 11, 2024 | Gabe Hajde | Wells Fargo | $75.00 | $65.29 | 14.87% | 20.23% |
| Oct 30, 2022 | Mark Wilde | BMO Capital | $62.00 | $69.05 | -10.21% | -0.61% |
| Sep 05, 2022 | Mark Wilde | BMO Capital | $70.00 | $67.26 | 4.07% | 12.22% |
| Jun 13, 2022 | Gabe Hajde | Wells Fargo | $73.00 | $61.10 | 19.47% | 17.02% |
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 36.26% increase from GEF last price ($62.38).
Greif Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 5 |
| Avg Price Target | - | $80.50 | $79.00 |
| Last Closing Price | $62.38 | $62.38 | $62.38 |
| Upside/Downside | -100.00% | 29.05% | 26.64% |
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 $62.38. 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 26, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Jul 18, 2024 | Raymond James | - | Market Perform | Initialise |
| Jun 17, 2024 | Bank of America Securities | Neutral | Buy | Upgrade |
| Jun 07, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Jun 07, 2024 | Bank of America Securities | Neutral | Neutral | Hold |
| Jan 11, 2024 | Wells Fargo | Equal-Weight | Overweight | Upgrade |
| Jul 10, 2023 | Bank of America Securities | Reduce | Neutral | Upgrade |
| Jun 09, 2023 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Oct 30, 2022 | BMO Capital | Market Perform | Underperform | Downgrade |
| Oct 13, 2022 | Bank of America Securities | - | Reduce | Downgrade |
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 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | May 18 | May 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 |
| # Analysts | 1 | 1 | 1 | 3 | 5 | 2 | 2 | 1 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 5 | 6 | 5 | 2 | 2 | 2 | 7 | 16 |
| 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 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | May 18 | May 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 5 | 2 | 2 | 1 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 5 | 6 | 5 | 2 | 2 | 2 | 7 | 16 |
| 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 | $209.74M | $215.58M | $208.39M | $188.13M | $202.34M | $204.50M | $144.28M | $181.22M | $192.93M | $199.88M | $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 | $212.29M | $218.20M | $210.93M | $189.56M | $205.19M | $208.26M | $173.14M | $182.28M | $195.28M | $202.31M | $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 | $207.52M | $213.30M | $206.19M | $186.71M | $198.07M | $200.74M | $115.43M | $180.17M | $190.89M | $197.77M | $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 % | - | - | - | - | - | - | - | 0.38% | 1.01% | 0.78% | - | 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 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | May 18 | May 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 5 | 2 | 2 | 1 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 5 | 6 | 5 | 2 | 2 | 2 | 7 | 16 |
| 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 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | May 18 | May 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 5 | 2 | 2 | 1 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 5 | 6 | 5 | 2 | 2 | 2 | 7 | 16 |
| 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 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | May 18 | May 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 5 | 2 | 2 | 1 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 5 | 6 | 5 | 2 | 2 | 2 | 7 | 16 |
| 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
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 17.83% from its last price of $62.38. 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 17.83% (from the last price of $62.38 to the average price target of $73.5), up by 36.26% based on the highest stock price target, and down by -0.61% based on the lowest stock price target.
Can Greif stock reach $90?
GEF's average twelve months analyst stock price target of $73.5 does not support the claim that Greif can reach $90 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 $732.35M (high $768.87M, low $694.41M), 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 $821.84M (high $830.98M, low $813.72M), 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 $673.35M by 20.75%. 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 $181.22M by -61.98%. 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%