Pactiv Evergreen (PTVE) Stock Forecast, Price Target & Predictions


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PTVE Stock Forecast


Pactiv Evergreen stock forecast is as follows: an average price target of $15.50 (represents a 38.15% upside from PTVE’s last price of $11.22) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.

PTVE Price Target


The average price target for Pactiv Evergreen (PTVE) is $15.50 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $17.00 to $14.00. This represents a potential 38.15% upside from PTVE's last price of $11.22.

PTVE Analyst Ratings


Buy

According to 6 Wall Street analysts, Pactiv Evergreen's rating consensus is 'Buy'. The analyst rating breakdown for PTVE stock is 0 'Strong Buy' (0.00%), 5 'Buy' (83.33%), 1 'Hold' (16.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Pactiv Evergreen Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 06, 2024Arun ViswanathanRBC Capital$17.00$13.5725.28%51.52%
Mar 04, 2024Pactiv EvergreenGoldman Sachs$14.00$13.186.22%24.78%
Nov 14, 2022-Goldman Sachs$12.00$11.543.99%6.95%
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The latest Pactiv Evergreen stock forecast, released on May 06, 2024 by Arun Viswanathan from RBC Capital, set a price target of $17.00, which represents a 25.28% increase from the stock price at the time of the forecast ($13.57), and a 51.52% increase from PTVE last price ($11.22).

Pactiv Evergreen Price Target by Period


1M3M12M
# Anlaysts--2
Avg Price Target--$15.50
Last Closing Price$11.22$11.22$11.22
Upside/Downside-100.00%-100.00%38.15%

In the current month, the average price target of Pactiv Evergreen stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Pactiv Evergreen's last price of $11.22. 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
Jul 08, 2024CitigroupBuyBuyHold
May 06, 2024RBC CapitalOutperformOutperformHold
May 06, 2024Bank of America SecuritiesBuyBuyHold
Apr 04, 2024RBC CapitalUnderperformUnderperformHold
Apr 04, 2024UBSBuyBuyHold
Apr 04, 2024CitigroupBuyBuyHold
Mar 04, 2024RBC CapitalUnderperformUnderperformHold
Mar 04, 2024UBSBuyBuyHold
Mar 04, 2024CitigroupBuyBuyHold
Mar 04, 2024Goldman SachsNeutralNeutralHold
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Pactiv Evergreen's last stock rating was published by Citigroup on Jul 08, 2024. The company gave PTVE a "Buy" rating, the same as its previous rate.

Pactiv Evergreen Financial Forecast


Pactiv Evergreen Revenue Forecast

Dec 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 20
Revenue------------$1.18B$1.38B$1.43B$1.43B$1.48B$1.61B$1.64B$1.50B$1.53B$1.39B$1.35B$1.16B$1.18B$1.20B
Avg Forecast$1.36B$1.44B$1.42B$1.30B$1.33B$1.41B$1.39B$1.27B$1.26B$1.37B$1.36B$1.29B$1.32B$1.39B$1.55B$1.44B$1.49B$1.48B$1.61B$1.35B$1.48B$1.33B$1.23B$1.03B$1.21B$1.19B
High Forecast$1.36B$1.44B$1.42B$1.30B$1.33B$1.41B$1.39B$1.27B$1.26B$1.37B$1.36B$1.29B$1.32B$1.39B$1.55B$1.44B$1.49B$1.48B$1.61B$1.35B$1.48B$1.33B$1.23B$1.03B$1.21B$1.19B
Low Forecast$1.36B$1.44B$1.42B$1.30B$1.33B$1.41B$1.39B$1.27B$1.26B$1.37B$1.36B$1.29B$1.32B$1.39B$1.55B$1.44B$1.49B$1.48B$1.61B$1.35B$1.48B$1.33B$1.23B$1.03B$1.21B$1.19B
# Analysts11111111131242221111222222
Surprise %------------0.90%0.99%0.92%1.00%0.99%1.08%1.02%1.11%1.03%1.05%1.10%1.12%0.97%1.00%

Pactiv Evergreen's average Quarter revenue forecast for Mar 24 based on 2 analysts is $1.29B, with a low forecast of $1.29B, and a high forecast of $1.29B. PTVE's average Quarter revenue forecast represents a 9.20% increase compared to the company's last Quarter revenue of $1.18B (Dec 23).

Pactiv Evergreen EBITDA Forecast

Dec 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 20
# Analysts11111111131242221111222222
EBITDA------------$83.00M$113.00M$-80.00M$158.00M$160.00M$215.00M$256.00M$185.00M$51.00M$150.00M$131.00M$79.00M$342.00M$-169.00M
Avg Forecast$191.32M$202.70M$199.31M$182.89M$187.55M$198.77M$195.49M$179.30M$177.99M$193.29M$191.07M$116.16M$185.55M$195.73M$217.86M$91.83M$81.02M$208.79M$225.91M$72.59M$207.96M$186.75M$172.65M$233.61M$170.71M$-2.93B
High Forecast$191.32M$202.70M$199.31M$182.89M$187.55M$198.77M$195.49M$179.30M$177.99M$193.29M$191.07M$139.40M$185.55M$195.73M$217.86M$110.20M$97.22M$208.79M$225.91M$87.11M$207.96M$186.75M$172.65M$280.34M$170.71M$-2.34B
Low Forecast$191.32M$202.70M$199.31M$182.89M$187.55M$198.77M$195.49M$179.30M$177.99M$193.29M$191.07M$92.93M$185.55M$195.73M$217.86M$73.46M$64.82M$208.79M$225.91M$58.07M$207.96M$186.75M$172.65M$186.89M$170.71M$-3.52B
Surprise %------------0.45%0.58%-0.37%1.72%1.97%1.03%1.13%2.55%0.25%0.80%0.76%0.34%2.00%0.06%

2 analysts predict PTVE's average Quarter EBITDA for Mar 24 to be $116.16M, with a high of $139.40M and a low of $92.93M. This is 39.96% upper than Pactiv Evergreen's previous annual EBITDA (Dec 23) of $83.00M.

Pactiv Evergreen Net Income Forecast

Dec 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 20
# Analysts11111111131242221111222222
Net Income------------$21.00M$72.00M$-139.00M$-133.00M$26.00M$176.00M$73.00M$43.00M$78.00M-$7.00M$-15.00M$236.00M$-359.00M
Avg Forecast$82.46M$92.85M$52.75M$42.29M$64.23M$73.34M$46.25M$40.06M$60.15M$66.01M$46.38M$35.68M$35.21M$33.41M$38.75M$28.20M$50.84M$30.25M$40.08M$22.30M$76.98M$22.32M$27.78M$-44.36M$44.75M$-6.23B
High Forecast$82.46M$92.85M$52.75M$42.29M$64.23M$73.34M$46.25M$40.06M$60.15M$78.01M$46.40M$42.81M$50.30M$33.45M$38.75M$33.85M$61.00M$30.25M$40.08M$26.76M$76.98M$22.32M$27.78M$-35.49M$44.75M$-4.98B
Low Forecast$82.46M$92.85M$52.75M$42.29M$64.23M$73.34M$46.25M$40.06M$60.15M$54.00M$46.36M$28.54M$20.12M$33.38M$38.75M$22.56M$40.67M$30.25M$40.08M$17.84M$76.98M$22.32M$27.78M$-53.23M$44.75M$-7.47B
Surprise %------------0.60%2.15%-3.59%-4.72%0.51%5.82%1.82%1.93%1.01%-0.25%0.34%5.27%0.06%

Pactiv Evergreen's average Quarter net income forecast for Mar 24 is $35.68M, with a range of $28.54M to $42.81M. PTVE's average Quarter net income forecast represents a 69.90% increase compared to the company's last Quarter net income of $21.00M (Dec 23).

Pactiv Evergreen SG&A Forecast

Dec 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 20
# Analysts11111111131242221111222222
SG&A------------$133.00M$137.00M$136.00M$130.00M$148.00M$145.00M$148.00M$142.00M$-121.00M$104.00M$115.00M$126.00M$112.00M$116.00M
Avg Forecast$126.72M$134.26M$132.02M$121.14M$124.22M$131.66M$129.48M$118.76M$117.89M$128.03M$126.55M$117.82M$122.90M$129.64M$144.30M$93.14M$-192.22M$138.29M$149.63M$73.63M$137.74M$123.70M$114.36M$372.60M$113.07M$111.34M
High Forecast$126.72M$134.26M$132.02M$121.14M$124.22M$131.66M$129.48M$118.76M$117.89M$128.03M$126.55M$141.39M$122.90M$129.64M$144.30M$111.77M$-153.78M$138.29M$149.63M$88.36M$137.74M$123.70M$114.36M$447.12M$113.07M$111.34M
Low Forecast$126.72M$134.26M$132.02M$121.14M$124.22M$131.66M$129.48M$118.76M$117.89M$128.03M$126.55M$94.26M$122.90M$129.64M$144.30M$74.51M$-230.67M$138.29M$149.63M$58.90M$137.74M$123.70M$114.36M$298.08M$113.07M$111.34M
Surprise %------------1.08%1.06%0.94%1.40%-0.77%1.05%0.99%1.93%-0.88%0.84%1.01%0.34%0.99%1.04%

Pactiv Evergreen's average Quarter SG&A projection for Mar 24 is $117.82M, based on 2 Wall Street analysts, with a range of $94.26M to $141.39M. The forecast indicates a -11.41% fall compared to PTVE last annual SG&A of $133.00M (Dec 23).

Pactiv Evergreen EPS Forecast

Dec 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 20
# Analysts11111111131242221111222222
EPS------------$0.12$0.16$-0.78$-0.75$0.15$0.99$0.41$0.24$0.44-$0.04$-0.09$0.10$-2.59
Avg Forecast$0.46$0.51$0.29$0.23$0.35$0.41$0.26$0.22$0.33$0.36$0.26$0.09$0.19$0.18$0.21$0.07$0.05$0.17$0.22$0.10$0.43$0.12$0.15$0.07$0.25$0.15
High Forecast$0.46$0.51$0.29$0.23$0.35$0.41$0.26$0.22$0.33$0.43$0.26$0.09$0.28$0.18$0.21$0.07$0.05$0.17$0.22$0.10$0.43$0.12$0.15$0.07$0.25$0.15
Low Forecast$0.46$0.51$0.29$0.23$0.35$0.41$0.26$0.22$0.33$0.30$0.26$0.09$0.11$0.18$0.21$0.07$0.05$0.17$0.22$0.10$0.43$0.12$0.15$0.07$0.25$0.15
Surprise %------------0.62%0.87%-3.64%-10.21%2.84%5.92%1.85%2.30%1.03%-0.26%-1.31%0.40%-17.61%

According to 2 Wall Street analysts, Pactiv Evergreen's projected average Quarter EPS for Mar 24 is $0.09, with a low estimate of $0.09 and a high estimate of $0.09. This represents a -28.19% decrease compared to PTVE previous annual EPS of $0.12 (Dec 23).

Pactiv Evergreen Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PMVPPMV Pharmaceuticals$1.64$24.751409.15%Buy
PTVEPactiv Evergreen$11.22$15.5038.15%Buy
REYNReynolds Consumer Products$26.95$35.0029.87%Hold
BNLBroadstone Net Lease$17.54$18.002.62%Hold
STEPStepStone Group$59.23$43.75-26.14%Hold

PTVE Forecast FAQ


Yes, according to 6 Wall Street analysts, Pactiv Evergreen (PTVE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 83.33% of PTVE's total ratings.

Pactiv Evergreen (PTVE) average price target is $15.5 with a range of $14 to $17, implying a 38.15% from its last price of $11.22. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for PTVE stock, the company can go up by 38.15% (from the last price of $11.22 to the average price target of $15.5), up by 51.52% based on the highest stock price target, and up by 24.78% based on the lowest stock price target.

PTVE's average twelve months analyst stock price target of $15.5 does not support the claim that Pactiv Evergreen can reach $20 in the near future.

Pactiv Evergreen's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $5.41B (high $5.41B, low $5.41B), average EBITDA is $761.11M (high $761.11M, low $761.11M), average net income is $223.88M (high $223.88M, low $223.88M), average SG&A $504.12M (high $504.12M, low $504.12M), and average EPS is $1.24 (high $1.24, low $1.24). PTVE's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $5.52B (high $5.52B, low $5.52B), average EBITDA is $776.21M (high $776.21M, low $776.21M), average net income is $270.36M (high $270.36M, low $270.36M), average SG&A $514.13M (high $514.13M, low $514.13M), and average EPS is $1.49 (high $1.49, low $1.49).

Based on Pactiv Evergreen's last annual report (Dec 2023), the company's revenue was $5.12B, which missed the average analysts forecast of $5.69B by -10.02%. Apple's EBITDA was $28M, missing the average prediction of $690.97M by -95.95%. The company's net income was $-223M, missing the average estimation of $135.58M by -264.48%. Apple's SG&A was $536M, beating the average forecast of $489.98M by 9.39%. Lastly, the company's EPS was $-1.25, missing the average prediction of $0.667 by -287.51%. In terms of the last quarterly report (Dec 2023), Pactiv Evergreen's revenue was $1.18B, missing the average analysts' forecast of $1.32B by -10.20%. The company's EBITDA was $83M, missing the average prediction of $185.55M by -55.27%. Pactiv Evergreen's net income was $21M, missing the average estimation of $35.21M by -40.36%. The company's SG&A was $133M, beating the average forecast of $122.9M by 8.22%. Lastly, the company's EPS was $0.12, missing the average prediction of $0.195 by -38.32%