Ranpak (PACK) Stock Forecast, Price Target & Predictions

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PACK Stock Forecast

Ranpak stock forecast is as follows: an average price target of $10.00 (represents a 45.14% upside from PACK’s last price of $6.89) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.

PACK Price Target

The average price target for Ranpak (PACK) is $10.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $10.00 to $10.00. This represents a potential 45.14% upside from PACK's last price of $6.89.

PACK Analyst Ratings

Buy

According to 2 Wall Street analysts, Ranpak's rating consensus is 'Buy'. The analyst rating breakdown for PACK stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Ranpak Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Aug 14, 2024	Gransham Panjabi	Robert W. Baird	$10.00	$7.36	35.87%	45.14%
Apr 01, 2024	Greg Palm	New Street	$10.00	$7.87	27.06%	45.14%
Apr 01, 2024	Greg Palm	Craig-Hallum	$10.00	$7.88	26.90%	45.14%
Mar 12, 2024	Greg Palm	Craig-Hallum	$8.00	$6.63	20.66%	16.11%

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The latest Ranpak stock forecast, released on Aug 14, 2024 by Gransham Panjabi from Robert W. Baird, set a price target of $10.00, which represents a 35.87% increase from the stock price at the time of the forecast ($7.36), and a 45.14% increase from PACK last price ($6.89).

Ranpak Price Target by Period

	1M	3M	12M
# Anlaysts	-	1	4
Avg Price Target	-	$10.00	$9.50
Last Closing Price	$6.89	$6.89	$6.89
Upside/Downside	-100.00%	45.14%	37.88%

In the current month, the average price target of Ranpak stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Ranpak's last price of $6.89. 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
Apr 01, 2024	Craig-Hallum	Buy	Buy	Hold
Mar 12, 2024	Cowen & Co.	Market Perform	Market Perform	Hold

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Ranpak's last stock rating was published by Craig-Hallum on Apr 01, 2024. The company gave PACK a "Buy" rating, the same as its previous rate.

Ranpak Financial Forecast

Ranpak Revenue Forecast

	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
Revenue	-	-	-	-	-	-	-	-	$90.40M	$82.80M	$81.90M	$81.20M	$79.40M	$77.80M	$86.80M	$82.50M	$109.10M	$97.10M	$90.00M	$87.70M	$91.90M	$76.80M	$66.10M	$63.40M	$77.70M	$69.10M
Avg Forecast	$109.00M	$101.18M	$96.29M	$92.71M	$100.36M	$90.76M	$87.67M	$85.50M	$87.04M	$84.25M	$83.50M	$83.54M	$87.16M	$84.15M	$93.32M	$98.83M	$108.60M	$93.20M	$79.50M	$71.98M	$81.89M	$70.27M	$63.19M	$65.12M	$77.90M	$64.07M
High Forecast	$111.68M	$103.67M	$98.66M	$94.70M	$103.12M	$90.97M	$87.67M	$85.50M	$88.76M	$84.25M	$85.55M	$85.59M	$89.31M	$84.15M	$93.32M	$98.83M	$108.60M	$93.20M	$79.50M	$71.98M	$81.89M	$70.27M	$63.19M	$65.12M	$77.90M	$64.07M
Low Forecast	$106.32M	$98.69M	$93.92M	$90.71M	$97.60M	$90.55M	$87.67M	$85.50M	$84.20M	$84.25M	$81.44M	$81.48M	$85.01M	$84.15M	$93.32M	$98.83M	$108.60M	$93.20M	$79.50M	$71.98M	$81.89M	$70.27M	$63.19M	$65.12M	$77.90M	$64.07M
# Analysts	1	1	1	2	2	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Surprise %	-	-	-	-	-	-	-	-	1.04%	0.98%	0.98%	0.97%	0.91%	0.92%	0.93%	0.83%	1.00%	1.04%	1.13%	1.22%	1.12%	1.09%	1.05%	0.97%	1.00%	1.08%

Ranpak's average Quarter revenue forecast for Mar 24 based on 1 analysts is $85.50M, with a low forecast of $85.50M, and a high forecast of $85.50M. PACK's average Quarter revenue forecast represents a -5.42% decrease compared to the company's last Quarter revenue of $90.40M (Dec 23).

Ranpak EBITDA Forecast

	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
# Analysts	1	1	1	2	2	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
EBITDA	-	-	-	-	-	-	-	-	$5.00M	$10.50M	$12.20M	$7.70M	$10.90M	$8.50M	$6.40M	$5.00M	$21.70M	$22.30M	$17.90M	$29.20M	$26.00M	$15.30M	$11.60M	$15.40M	$19.00M	$19.60M
Avg Forecast	$20.18M	$18.73M	$17.83M	$17.16M	$18.58M	$16.80M	$16.23M	$15.83M	$16.11M	$15.60M	$15.46M	$15.46M	$51.02M	$15.58M	$5.74M	$18.30M	$20.10M	$17.25M	$14.72M	$13.33M	$15.16M	$13.01M	$11.70M	$8.47M	$14.42M	$27.72M
High Forecast	$20.67M	$19.19M	$18.26M	$17.53M	$19.09M	$16.84M	$16.23M	$15.83M	$16.43M	$15.60M	$15.84M	$15.84M	$61.23M	$15.58M	$6.89M	$18.30M	$20.10M	$17.25M	$14.72M	$13.33M	$15.16M	$13.01M	$11.70M	$10.16M	$14.42M	$33.26M
Low Forecast	$19.68M	$18.27M	$17.39M	$16.79M	$18.07M	$16.76M	$16.23M	$15.83M	$15.59M	$15.60M	$15.08M	$15.08M	$40.82M	$15.58M	$4.59M	$18.30M	$20.10M	$17.25M	$14.72M	$13.33M	$15.16M	$13.01M	$11.70M	$6.78M	$14.42M	$22.18M
Surprise %	-	-	-	-	-	-	-	-	0.31%	0.67%	0.79%	0.50%	0.21%	0.55%	1.11%	0.27%	1.08%	1.29%	1.22%	2.19%	1.72%	1.18%	0.99%	1.82%	1.32%	0.71%

1 analysts predict PACK's average Quarter EBITDA for Mar 24 to be $15.83M, with a high of $15.83M and a low of $15.83M. This is 216.55% upper than Ranpak's previous annual EBITDA (Dec 23) of $5.00M.

Ranpak Net Income Forecast

	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
# Analysts	1	1	1	2	2	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Net Income	-	-	-	-	-	-	-	-	$-9.30M	$-3.30M	$-2.10M	$-12.40M	$-7.30M	$-8.70M	$-11.30M	$-14.10M	$-2.50M	$-1.40M	$-5.20M	$6.30M	$-5.20M	$-6.10M	$-8.50M	$-3.60M	$-5.20M	$-1.60M
Avg Forecast	$1.25M	$-1.66M	$-2.91M	$-3.33M	$-1.25M	$-3.33M	$-4.72M	$29.74M	$-4.16M	$-5.27M	$-7.21M	$31.81M	$-5.88M	$-11.64M	$-7.46M	$-332.49K	$4.99M	$1.99M	$84.06M	$34.02M	$2.49M	$-831.24K	$-4.57M	$-1.98M	$831.24K	$-2.26M
High Forecast	$1.29M	$-1.61M	$-2.82M	$-3.22M	$-1.21M	$-3.22M	$-4.57M	$35.69M	$-3.12M	$-5.10M	$-6.98M	$38.17M	$-4.70M	$-11.64M	$-5.97M	$-332.49K	$4.99M	$1.99M	$84.06M	$40.82M	$2.49M	$-831.24K	$-4.57M	$-1.58M	$831.24K	$-1.81M
Low Forecast	$1.21M	$-1.72M	$-3.01M	$-3.44M	$-1.29M	$-3.44M	$-4.87M	$23.79M	$-6.24M	$-5.44M	$-7.44M	$25.45M	$-7.05M	$-11.64M	$-8.95M	$-332.49K	$4.99M	$1.99M	$84.06M	$27.22M	$2.49M	$-831.24K	$-4.57M	$-2.38M	$831.24K	$-2.72M
Surprise %	-	-	-	-	-	-	-	-	2.23%	0.63%	0.29%	-0.39%	1.24%	0.75%	1.52%	42.41%	-0.50%	-0.70%	-0.06%	0.19%	-2.09%	7.34%	1.86%	1.82%	-6.26%	0.71%

Ranpak's average Quarter net income forecast for Jun 21 is $84.06M, with a range of $84.06M to $84.06M. PACK's average Quarter net income forecast represents a 1234.24% increase compared to the company's last Quarter net income of $6.30M (Mar 21).

Ranpak SG&A Forecast

	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
# Analysts	1	1	1	2	2	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
SG&A	-	-	-	-	-	-	-	-	$27.40M	$20.90M	$16.30M	$27.20M	$18.70M	$26.80M	$30.30M	$29.70M	$27.50M	$27.10M	$24.60M	$19.10M	$14.40M	$17.80M	$20.70M	$19.60M	$15.20M	$17.70M
Avg Forecast	$28.85M	$26.78M	$25.49M	$24.54M	$26.56M	$24.02M	$23.21M	$22.63M	$23.04M	$22.30M	$22.10M	$22.11M	$64.66M	$22.27M	$20.00M	$26.16M	$28.75M	$24.67M	$21.04M	$19.05M	$21.68M	$18.60M	$16.73M	$10.78M	$20.62M	$25.03M
High Forecast	$29.56M	$27.44M	$26.11M	$25.07M	$27.30M	$24.08M	$23.21M	$22.63M	$23.49M	$22.30M	$22.65M	$22.66M	$77.59M	$22.27M	$24.00M	$26.16M	$28.75M	$24.67M	$21.04M	$19.05M	$21.68M	$18.60M	$16.73M	$12.94M	$20.62M	$30.04M
Low Forecast	$28.14M	$26.12M	$24.86M	$24.01M	$25.83M	$23.97M	$23.21M	$22.63M	$22.29M	$22.30M	$21.56M	$21.57M	$51.73M	$22.27M	$16.00M	$26.16M	$28.75M	$24.67M	$21.04M	$19.05M	$21.68M	$18.60M	$16.73M	$8.62M	$20.62M	$20.03M
Surprise %	-	-	-	-	-	-	-	-	1.19%	0.94%	0.74%	1.23%	0.29%	1.20%	1.52%	1.14%	0.96%	1.10%	1.17%	1.00%	0.66%	0.96%	1.24%	1.82%	0.74%	0.71%

Ranpak's average Quarter SG&A projection for Mar 24 is $22.63M, based on 1 Wall Street analysts, with a range of $22.63M to $22.63M. The forecast indicates a -17.40% fall compared to PACK last annual SG&A of $27.40M (Dec 23).

Ranpak EPS Forecast

	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
# Analysts	1	1	1	2	2	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
EPS	-	-	-	-	-	-	-	-	$-0.11	$-0.04	-	$-0.15	$-0.09	$-0.11	$-0.14	$-0.17	$-0.03	$-0.02	$-0.07	$0.09	$-0.07	$-0.08	$-0.12	$-0.05	$-0.10	$-0.03
Avg Forecast	$0.01	$-0.02	$-0.04	$-0.04	$-0.01	$-0.04	$-0.06	$-0.06	$-0.05	$-0.06	$-0.09	$-0.10	$-0.08	$-0.14	$-0.10	$-0.00	$0.06	$0.02	$1.01	$-0.02	$0.03	$-0.01	$-0.06	$-0.02	$0.01	$-0.07
High Forecast	$0.02	$-0.02	$-0.03	$-0.04	$-0.01	$-0.04	$-0.05	$-0.06	$-0.04	$-0.06	$-0.08	$-0.10	$-0.07	$-0.14	$-0.10	$-0.00	$0.06	$0.02	$1.01	$-0.02	$0.03	$-0.01	$-0.06	$-0.02	$0.01	$-0.07
Low Forecast	$0.01	$-0.02	$-0.04	$-0.04	$-0.02	$-0.04	$-0.06	$-0.06	$-0.07	$-0.07	$-0.09	$-0.11	$-0.08	$-0.14	$-0.10	$-0.00	$0.06	$0.02	$1.01	$-0.02	$0.03	$-0.01	$-0.06	$-0.02	$0.01	$-0.07
Surprise %	-	-	-	-	-	-	-	-	2.20%	0.63%	-	1.45%	1.16%	0.79%	1.33%	42.50%	-0.51%	-0.83%	-0.07%	-4.50%	-2.39%	8.00%	2.18%	2.50%	-9.65%	0.43%

According to 1 Wall Street analysts, Ranpak's projected average Quarter EPS for Jun 21 is $1.01, with a low estimate of $1.01 and a high estimate of $1.01. This represents a 1023.59% increase compared to PACK previous annual EPS of $0.09 (Mar 21).

Ranpak Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
MYE	Myers Industries	$12.00	$30.00	150.00%	-
PACK	Ranpak	$6.89	$10.00	45.14%	Buy
SEE	Sealed Air	$35.68	$51.70	44.90%	Buy
SON	Sonoco Products Company	$50.71	$68.00	34.10%	Buy
PTVE	Pactiv Evergreen	$12.18	$15.50	27.26%	Buy
REYN	Reynolds Consumer Products	$27.58	$35.00	26.90%	Hold
OI	O-I Glass	$12.77	$15.67	22.71%	Buy
AVY	Avery Dennison	$202.98	$239.17	17.83%	Buy
KRT	Karat Packaging	$30.63	$33.00	7.74%	Buy
GEF	Greif	$68.93	$73.50	6.63%	Buy
SLGN	Silgan	$55.13	$53.40	-3.14%	Buy
WRK	WestRock	$51.51	$49.75	-3.42%	Buy
PKG	Packaging Corporation of America	$238.34	$198.40	-16.76%	Hold

PACK Forecast FAQ

Is Ranpak a good buy?

Yes, according to 2 Wall Street analysts, Ranpak (PACK) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of PACK's total ratings.

What is PACK's price target?

Ranpak (PACK) average price target is $10 with a range of $10 to $10, implying a 45.14% from its last price of $6.89. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Ranpak stock go up soon?

According to Wall Street analysts' prediction for PACK stock, the company can go up by 45.14% (from the last price of $6.89 to the average price target of $10), up by 45.14% based on the highest stock price target, and up by 45.14% based on the lowest stock price target.

Can Ranpak stock reach $10?

PACK's average twelve months analyst stock price target of $10 does not support the claim that Ranpak can reach $10 in the near future.

What are Ranpak's analysts' financial forecasts?

Ranpak's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $364.29M (high $367.26M, low $361.32M), average EBITDA is $67.44M (high $67.99M, low $66.89M), average net income is $20.45M (high $26.69M, low $14.2M), average SG&A $96.43M (high $97.21M, low $95.64M), and average EPS is $-0.172 (high $-0.166, low $-0.177). PACK's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $399.18M (high $408.71M, low $389.63M), average EBITDA is $73.9M (high $75.66M, low $72.13M), average net income is $-6.658M (high $-6.365M, low $-6.951M), average SG&A $105.66M (high $108.18M, low $103.13M), and average EPS is $-0.08 (high $-0.0765, low $-0.0835).

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

Based on Ranpak's last annual report (Dec 2023), the company's revenue was $336.3M, which missed the average analysts forecast of $338.33M by -0.60%. Apple's EBITDA was $26.8M, missing the average prediction of $62.63M by -57.21%. The company's net income was $-27.1M, missing the average estimation of $15.16M by -278.72%. Apple's SG&A was $91.8M, beating the average forecast of $89.55M by 2.51%. Lastly, the company's EPS was $0, missing the average prediction of $-0.303 by -100.00%. In terms of the last quarterly report (Dec 2023), Ranpak's revenue was $90.4M, beating the average analysts' forecast of $87.04M by 3.86%. The company's EBITDA was $5M, missing the average prediction of $16.11M by -68.97%. Ranpak's net income was $-9.3M, beating the average estimation of $-4.161M by 123.48%. The company's SG&A was $27.4M, beating the average forecast of $23.04M by 18.93%. Lastly, the company's EPS was $-0.11, beating the average prediction of $-0.05 by 120.00%