Sonoco Products (SON) Stock Forecast, Price Target & Predictions


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SON Stock Forecast


Sonoco Products (SON) stock forecast, based on 17 Wall Street analysts, predicts a 12-month average price target of $55.00, with a high of $55.00 and a low of $55.00. This represents a 26.67% increase from the last price of $43.42.

$40 $45 $50 $55 $60 $65 High: $55 Avg: $55 Low: $55 Last Closed Price: $43.42

SON Stock Rating


Sonoco Products stock's rating consensus is Buy, based on 17 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 7 Buy (41.18%), 7 Hold (41.18%), 3 Sell (17.65%), and 0 Strong Sell (0.00%).

Buy
Total 17 0 3 7 7 Strong Sell Sell Hold Buy Strong Buy

SON Price Target Upside V Benchmarks


TypeNameUpside
StockSonoco Products26.67%
SectorConsumer Cyclical Stocks 27.48%
IndustryPackaging & Containers Stocks 32.83%

Price Target Trends


1M3M12M
# Anlaysts--2
Avg Price Target--$58.50
Last Closing Price$43.42$43.42$43.42
Upside/Downside--34.73%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 252421-9
Mar, 252421-9
Feb, 251431-9
Jan, 251431-9
Dec, 241431-9
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 04, 2024Ghansham PanjabiRobert W. Baird$55.00$50.568.78%26.67%
Jul 19, 2024Matt RobertsRaymond James$62.00$51.9219.41%42.79%
Mar 30, 2023Mark WeintraubSeaport Global$65.00$59.798.71%49.70%
Mar 15, 2023Gaurav JainBarclays$105.00$57.6482.17%141.82%
Mar 15, 2023David ColemanArgus Research$67.00$57.6416.24%54.31%
Oct 30, 2022Mark WildeBMO Capital$58.00$64.86-10.58%33.58%
Apr 19, 2022Wells Fargo$64.00$64.83-1.28%47.40%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Oct 02, 2024CitigroupBuyBuyhold
Aug 21, 2024Wells FargoEqual-WeightUnderweightdowngrade
Aug 15, 2024CitigroupBuyBuyhold
Jul 18, 2024Raymond JamesOutperforminitialise
May 31, 2024CitigroupBuyBuyhold
Apr 04, 2024CitigroupBuyBuyhold
Jan 18, 2024CitigroupBuyBuyhold
Mar 30, 2023Seaport GlobalNeutralBuyupgrade
Mar 15, 2023CitigroupBuyBuyhold
Feb 14, 2023ScotiabankPerformdowngrade

Financial Forecast


EPS Forecast

$-1 $0 $1 $2 $3 $4 $5 $6 $7 $8 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$2.06$-0.94$4.76$4.83$1.65---
Avg Forecast$3.36$3.55$6.33$5.20$5.11$6.13$6.79$7.20
High Forecast$3.70$3.91$6.49$5.21$5.18$6.38$7.20$7.73
Low Forecast$3.18$3.35$6.17$5.19$5.03$5.83$6.42$6.67
Surprise %-38.69%-126.48%-24.80%-7.12%-67.71%---

Revenue Forecast

$5B $6B $7B $8B $9B $10B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$5.24B$5.59B$7.25B$6.78B$5.31B---
Avg Forecast$5.18B$5.56B$7.35B$6.75B$6.58B$8.11B$8.63B$9.01B
High Forecast$5.59B$6.00B$7.50B$6.80B$6.69B$8.37B$8.64B$9.11B
Low Forecast$4.96B$5.33B$7.21B$6.71B$6.48B$7.81B$8.61B$8.91B
Surprise %1.14%0.57%-1.36%0.40%-19.43%---

Net Income Forecast

$-100M $80M $260M $440M $620M $800M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$207.46M$-93.55M$466.44M$474.96M$163.95M---
Avg Forecast$192.05M$350.69M$294.10M$474.96M$504.69M$603.98M$673.56M$712.01M
High Forecast$234.82M$386.51M$352.92M$569.95M$512.15M$631.10M$711.82M$764.08M
Low Forecast$149.29M$331.61M$235.28M$379.97M$497.23M$576.86M$635.30M$659.94M
Surprise %8.02%-126.68%58.60%--67.51%---

SON Forecast FAQ


Is Sonoco Products stock a buy?

Sonoco Products stock has a consensus rating of Buy, based on 17 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 7 Buy, 7 Hold, 3 Sell, and 0 Strong Sell, reflecting a consensus that Sonoco Products is a favorable investment for most analysts.

What is Sonoco Products's price target?

Sonoco Products's price target, set by 17 Wall Street analysts, averages $55 over the next 12 months. The price target range spans from $55 at the low end to $55 at the high end, suggesting a potential 26.67% change from the previous closing price of $43.42.

How does Sonoco Products stock forecast compare to its benchmarks?

Sonoco Products's stock forecast shows a 26.67% upside, underperforming the average forecast for the consumer cyclical stocks sector (27.48%) and underperforming the packaging & containers stocks industry (32.83%).

What is the breakdown of analyst ratings for Sonoco Products over the past three months?

  • April 2025: 22.22% Strong Buy, 44.44% Buy, 22.22% Hold, 11.11% Sell, 0% Strong Sell.
  • March 2025: 22.22% Strong Buy, 44.44% Buy, 22.22% Hold, 11.11% Sell, 0% Strong Sell.
  • February 2025: 11.11% Strong Buy, 44.44% Buy, 33.33% Hold, 11.11% Sell, 0% Strong Sell.

What is Sonoco Products’s EPS forecast?

Sonoco Products's average annual EPS forecast for its fiscal year ending in December 2025 is $6.13, marking a 271.52% increase from the reported $1.65 in 2024. Estimates for the following years are $6.79 in 2026, and $7.2 in 2027.

What is Sonoco Products’s revenue forecast?

Sonoco Products's average annual revenue forecast for its fiscal year ending in December 2025 is $8.11B, reflecting a 52.91% increase from the reported $5.31B in 2024. The forecast for 2026 is $8.63B, and $9.01B for 2027.

What is Sonoco Products’s net income forecast?

Sonoco Products's net income forecast for the fiscal year ending in December 2025 stands at $603.98M, representing an 268.40% increase from the reported $163.95M in 2024. Projections indicate $673.56M in 2026, and $712.01M in 2027.