WestRock (WRK) Stock Forecast, Price Target & Predictions
WRK Stock Forecast
WestRock stock forecast is as follows: an average price target of $49.75 (represents a -3.42% downside from WRK’s last price of $51.51) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
WRK Price Target
The average price target for WestRock (WRK) is $49.75 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $60.00 to $34.00. This represents a potential -3.42% downside from WRK's last price of $51.51.
WRK Analyst Ratings
According to 6 Wall Street analysts, WestRock's rating consensus is 'Buy'. The analyst rating breakdown for WRK stock is 0 'Strong Buy' (0.00%), 3 'Buy' (50.00%), 3 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
WestRock Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 30, 2024 | Michael Roxland | Truist Financial | $57.00 | $53.73 | 6.09% | 10.66% |
| May 06, 2024 | David Coleman | Argus Research | $57.00 | $51.16 | 11.42% | 10.66% |
| May 03, 2024 | Paul Quinn | RBC Capital | $49.00 | $51.11 | -4.13% | -4.87% |
| Oct 02, 2023 | Gabrial Hajde | Wells Fargo | $42.00 | $35.80 | 17.32% | -18.46% |
| Feb 02, 2023 | - | Deutsche Bank | $34.00 | $35.44 | -4.06% | -33.99% |
| Feb 02, 2023 | - | Wells Fargo | $27.00 | $35.27 | -23.46% | -47.58% |
| Nov 11, 2022 | - | Truist Financial | $35.00 | $37.77 | -7.33% | -32.05% |
| Nov 11, 2022 | - | Wells Fargo | $46.00 | $36.95 | 24.49% | -10.70% |
| Sep 29, 2022 | - | Truist Financial | $40.00 | $31.09 | 28.66% | -22.35% |
| Sep 16, 2022 | - | Jefferies | $42.00 | $38.58 | 8.86% | -18.46% |
The latest WestRock stock forecast, released on May 30, 2024 by Michael Roxland from Truist Financial, set a price target of $57.00, which represents a 6.09% increase from the stock price at the time of the forecast ($53.73), and a 10.66% increase from WRK last price ($51.51).
WestRock Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 4 |
| Avg Price Target | - | - | $51.25 |
| Last Closing Price | $51.51 | $51.51 | $51.51 |
| Upside/Downside | -100.00% | -100.00% | -0.50% |
In the current month, the average price target of WestRock stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to WestRock's last price of $51.51. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 03, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Oct 02, 2023 | Citigroup | Overweight | Overweight | Hold |
| Oct 02, 2023 | Wells Fargo | Overweight | Overweight | Hold |
| Apr 20, 2023 | Bank of America Securities | - | Buy | Upgrade |
| Feb 02, 2023 | Deutsche Bank | Hold | Hold | Hold |
| Feb 02, 2023 | Wells Fargo | Overweight | Overweight | Hold |
| Sep 16, 2022 | Jefferies | Hold | Hold | Hold |
| Jun 21, 2022 | Citigroup | - | Buy | Downgrade |
| May 26, 2022 | Wells Fargo | Overweight | Overweight | Hold |
WestRock's last stock rating was published by RBC Capital on May 03, 2024. The company gave WRK a "Sector Perform" rating, the same as its previous rate.
WestRock Financial Forecast
WestRock Revenue Forecast
| Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | $4.62B | - | - | $5.28B | $4.92B | - | - | $5.38B | $4.95B | $5.09B | $4.82B | $4.44B | $4.40B | $4.47B | $4.24B | $4.45B | $4.42B | $4.65B | $4.69B | $4.62B | $4.33B | $4.24B | $4.14B |
| Avg Forecast | $5.15B | $5.14B | $5.04B | $4.89B | $5.12B | $5.01B | $4.75B | $4.79B | $5.11B | $5.16B | $5.24B | $5.12B | $5.48B | $5.51B | $5.08B | $4.95B | $5.03B | $4.71B | $4.52B | $4.40B | $4.35B | $4.26B | $4.47B | $4.38B | $4.82B | $4.86B | $4.66B | $4.12B | $4.07B | $4.02B |
| High Forecast | $5.15B | $5.14B | $5.04B | $4.89B | $5.12B | $5.10B | $4.75B | $4.91B | $5.26B | $5.16B | $5.24B | $5.12B | $5.48B | $5.51B | $5.20B | $5.07B | $5.16B | $4.83B | $4.63B | $4.51B | $4.46B | $4.36B | $4.59B | $4.49B | $4.94B | $4.99B | $4.77B | $4.94B | $4.88B | $4.82B |
| Low Forecast | $5.15B | $5.14B | $5.04B | $4.89B | $5.12B | $4.93B | $4.75B | $4.72B | $5.02B | $5.16B | $5.24B | $5.12B | $5.48B | $5.51B | $4.97B | $4.85B | $4.93B | $4.62B | $4.43B | $4.32B | $4.27B | $4.17B | $4.38B | $4.30B | $4.72B | $4.77B | $4.56B | $3.30B | $3.25B | $3.22B |
| # Analysts | 1 | 1 | 1 | 2 | 2 | 4 | 2 | 3 | 6 | 4 | 4 | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 16 | 19 |
| Surprise % | - | - | - | - | - | - | - | 0.96% | - | - | 1.01% | 0.96% | - | - | 1.06% | 1.00% | 1.01% | 1.02% | 0.98% | 1.00% | 1.03% | 1.00% | 0.99% | 1.01% | 0.97% | 0.96% | 0.99% | 1.05% | 1.04% | 1.03% |
WestRock's average Quarter revenue forecast for Mar 24 based on 2 analysts is $4.75B, with a low forecast of $4.75B, and a high forecast of $4.75B. WRK's average Quarter revenue forecast represents a 2.83% increase compared to the company's last Quarter revenue of $4.62B (Dec 23).
WestRock EBITDA Forecast
| Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 2 | 4 | 2 | 3 | 6 | 4 | 4 | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 16 | 19 |
| EBITDA | - | - | - | - | - | - | - | $84.20M | - | - | $711.70M | $556.90M | - | - | $862.70M | $705.70M | $878.50M | $810.50M | $599.30M | $671.80M | $-1.01B | $290.10M | $303.20M | $278.50M | $514.10M | $441.30M | $319.40M | $296.20M | $449.00M | $429.40M |
| Avg Forecast | $814.67M | $813.22M | $797.85M | $774.33M | $810.10M | $793.15M | $869.95M | $758.87M | $808.05M | $817.07M | $790.86M | $810.56M | $890.06M | $871.50M | $718.97M | $694.67M | $809.14M | $785.43M | $668.07M | $584.71M | $-931.75M | $150.42M | $273.38M | $283.22M | $492.50M | $397.61M | $219.91M | $281.20M | $430.90M | $417.25M |
| High Forecast | $814.67M | $813.22M | $797.85M | $774.33M | $810.10M | $807.46M | $1.04B | $777.73M | $832.84M | $817.07M | $949.03M | $810.56M | $1.07B | $871.50M | $862.76M | $833.61M | $970.97M | $942.52M | $801.69M | $701.66M | $-745.40M | $180.51M | $328.05M | $339.86M | $591.00M | $477.13M | $263.90M | $337.44M | $517.07M | $500.70M |
| Low Forecast | $814.67M | $813.22M | $797.85M | $774.33M | $810.10M | $780.44M | $695.96M | $746.30M | $795.17M | $817.07M | $632.69M | $810.56M | $712.05M | $871.50M | $575.17M | $555.74M | $647.32M | $628.35M | $534.46M | $467.77M | $-1.12B | $120.34M | $218.70M | $226.58M | $394.00M | $318.09M | $175.93M | $224.96M | $344.72M | $333.80M |
| Surprise % | - | - | - | - | - | - | - | 0.11% | - | - | 0.90% | 0.69% | - | - | 1.20% | 1.02% | 1.09% | 1.03% | 0.90% | 1.15% | 1.08% | 1.93% | 1.11% | 0.98% | 1.04% | 1.11% | 1.45% | 1.05% | 1.04% | 1.03% |
2 analysts predict WRK's average Quarter EBITDA for Mar 24 to be $869.95M, with a high of $1.04B and a low of $695.96M. This is 933.19% upper than WestRock's previous annual EBITDA (Dec 23) of $84.20M.
WestRock Net Income Forecast
| Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 2 | 4 | 2 | 3 | 6 | 4 | 4 | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 16 | 19 |
| Net Income | - | - | - | - | - | - | - | $-22.40M | - | - | $-2.00B | $45.30M | - | - | $39.90M | $183.80M | $323.70M | $250.10M | $112.50M | $152.00M | $-1.16B | $178.50M | $148.10M | $138.50M | $310.80M | $252.60M | $160.40M | $139.10M | $279.60M | $268.20M |
| Avg Forecast | $298.20M | $272.27M | $230.78M | $158.17M | $230.00M | $183.19M | $40.63M | $89.97M | $192.75M | $128.17M | $36.94M | $176.58M | $327.96M | $382.78M | $33.58M | $179.45M | $298.14M | $242.36M | $125.41M | $132.30M | $-1.07B | $92.56M | $133.53M | $140.85M | $297.74M | $227.59M | $110.44M | $132.06M | $268.33M | $260.61M |
| High Forecast | $298.20M | $272.27M | $230.78M | $158.17M | $230.00M | $216.73M | $48.76M | $95.11M | $210.98M | $128.17M | $44.32M | $176.58M | $393.55M | $382.78M | $40.30M | $215.34M | $357.77M | $290.84M | $150.49M | $158.76M | $-856.80M | $111.07M | $160.24M | $169.02M | $357.29M | $273.11M | $132.53M | $158.47M | $321.99M | $312.73M |
| Low Forecast | $298.20M | $272.27M | $230.78M | $158.17M | $230.00M | $144.49M | $32.50M | $77.11M | $179.72M | $128.17M | $29.55M | $176.58M | $262.37M | $382.78M | $26.86M | $143.56M | $238.52M | $193.89M | $100.33M | $105.84M | $-1.29B | $74.04M | $106.83M | $112.68M | $238.19M | $182.07M | $88.35M | $105.65M | $214.66M | $208.49M |
| Surprise % | - | - | - | - | - | - | - | -0.25% | - | - | -54.28% | 0.26% | - | - | 1.19% | 1.02% | 1.09% | 1.03% | 0.90% | 1.15% | 1.08% | 1.93% | 1.11% | 0.98% | 1.04% | 1.11% | 1.45% | 1.05% | 1.04% | 1.03% |
WestRock's average Quarter net income forecast for Mar 23 is $36.94M, with a range of $29.55M to $44.32M. WRK's average Quarter net income forecast represents a -18.46% decrease compared to the company's last Quarter net income of $45.30M (Dec 22).
WestRock SG&A Forecast
| Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 2 | 4 | 2 | 3 | 6 | 4 | 4 | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 16 | 19 |
| SG&A | - | - | - | - | - | - | - | $527.10M | - | - | $498.90M | $479.10M | - | - | $493.10M | $452.90M | $432.20M | $450.90M | $458.40M | $417.80M | $388.90M | $390.10M | $419.50M | $425.70M | $423.20M | $440.70M | $444.10M | $400.90M | $377.70M | $372.40M |
| Avg Forecast | $500.94M | $500.04M | $490.59M | $476.13M | $498.12M | $487.70M | $502.13M | $466.62M | $496.86M | $502.41M | $456.48M | $498.41M | $437.89M | $535.88M | $414.99M | $445.82M | $398.08M | $436.95M | $511.00M | $363.64M | $360.30M | $202.27M | $378.24M | $432.92M | $405.42M | $397.07M | $305.77M | $380.60M | $362.47M | $361.86M |
| High Forecast | $500.94M | $500.04M | $490.59M | $476.13M | $498.12M | $496.50M | $602.56M | $478.22M | $512.11M | $502.41M | $547.78M | $498.41M | $525.46M | $535.88M | $497.98M | $534.99M | $477.69M | $524.35M | $613.20M | $436.37M | $432.37M | $242.73M | $453.89M | $519.50M | $486.50M | $476.48M | $366.93M | $456.72M | $434.96M | $434.23M |
| Low Forecast | $500.94M | $500.04M | $490.59M | $476.13M | $498.12M | $479.88M | $401.71M | $458.89M | $488.94M | $502.41M | $365.19M | $498.41M | $350.31M | $535.88M | $331.99M | $356.66M | $318.46M | $349.56M | $408.80M | $290.91M | $288.24M | $161.82M | $302.59M | $346.33M | $324.33M | $317.65M | $244.62M | $304.48M | $289.98M | $289.49M |
| Surprise % | - | - | - | - | - | - | - | 1.13% | - | - | 1.09% | 0.96% | - | - | 1.19% | 1.02% | 1.09% | 1.03% | 0.90% | 1.15% | 1.08% | 1.93% | 1.11% | 0.98% | 1.04% | 1.11% | 1.45% | 1.05% | 1.04% | 1.03% |
WestRock's average Quarter SG&A projection for Mar 24 is $502.13M, based on 2 Wall Street analysts, with a range of $401.71M to $602.56M. The forecast indicates a -4.74% fall compared to WRK last annual SG&A of $527.10M (Dec 23).
WestRock EPS Forecast
| Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 2 | 4 | 2 | 3 | 6 | 4 | 4 | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 16 | 19 |
| EPS | - | - | - | - | - | - | - | $-0.09 | - | - | $-7.87 | $0.18 | - | - | $0.15 | $0.70 | $1.22 | $0.94 | $0.42 | $0.58 | $-4.44 | $0.69 | $0.57 | $0.54 | $1.21 | $0.98 | $0.62 | $0.55 | $1.10 | $1.05 |
| Avg Forecast | $1.15 | $1.05 | $0.89 | $0.61 | $0.89 | $0.71 | $0.24 | $0.35 | $0.74 | $0.49 | $0.50 | $0.68 | $1.44 | $1.48 | $1.01 | $0.64 | $1.15 | $0.97 | $0.63 | $0.54 | $0.68 | $0.44 | $0.61 | $0.59 | $1.19 | $1.01 | $0.61 | $0.75 | $1.19 | $1.03 |
| High Forecast | $1.15 | $1.05 | $0.89 | $0.61 | $0.89 | $0.84 | $0.24 | $0.37 | $0.81 | $0.49 | $0.50 | $0.68 | $1.44 | $1.48 | $1.05 | $0.66 | $1.19 | $1.00 | $0.65 | $0.56 | $0.71 | $0.45 | $0.63 | $0.61 | $1.23 | $1.04 | $0.63 | $0.90 | $1.43 | $1.24 |
| Low Forecast | $1.15 | $1.05 | $0.89 | $0.61 | $0.89 | $0.56 | $0.24 | $0.30 | $0.69 | $0.49 | $0.50 | $0.68 | $1.44 | $1.48 | $0.99 | $0.62 | $1.12 | $0.94 | $0.61 | $0.53 | $0.67 | $0.42 | $0.59 | $0.57 | $1.16 | $0.99 | $0.59 | $0.60 | $0.95 | $0.82 |
| Surprise % | - | - | - | - | - | - | - | -0.25% | - | - | -15.85% | 0.26% | - | - | 0.15% | 1.10% | 1.06% | 0.97% | 0.67% | 1.06% | -6.50% | 1.58% | 0.94% | 0.91% | 1.01% | 0.97% | 1.03% | 0.73% | 0.93% | 1.02% |
According to 4 Wall Street analysts, WestRock's projected average Quarter EPS for Mar 23 is $0.50, with a low estimate of $0.50 and a high estimate of $0.50. This represents a 175.87% increase compared to WRK previous annual EPS of $0.18 (Dec 22).
WestRock Peer Comparison by Price Target
WRK Forecast FAQ
Is WestRock a good buy?
Yes, according to 6 Wall Street analysts, WestRock (WRK) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 50.00% of WRK's total ratings.
What is WRK's price target?
WestRock (WRK) average price target is $49.75 with a range of $34 to $60, implying a -3.42% from its last price of $51.51. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will WestRock stock go up soon?
According to Wall Street analysts' prediction for WRK stock, the company can go down by -3.42% (from the last price of $51.51 to the average price target of $49.75), up by 16.48% based on the highest stock price target, and down by -33.99% based on the lowest stock price target.
Can WestRock stock reach $80?
WRK's average twelve months analyst stock price target of $49.75 does not support the claim that WestRock can reach $80 in the near future.
Did the WRK's actual financial results beat the analysts' financial forecasts?
Based on WestRock's last annual report (Sep 2021), the company's revenue was $18.75B, beating the average analysts forecast of $18.67B by 0.40%. Apple's EBITDA was $2.96B, beating the average prediction of $2.85B by 4.08%. The company's net income was $838.3M, beating the average estimation of $798.22M by 5.02%. Apple's SG&A was $1.76B, beating the average forecast of $1.71B by 2.90%. Lastly, the company's EPS was $3.16, missing the average prediction of $3.29 by -4.00%. In terms of the last quarterly report (Dec 2023), WestRock's revenue was $4.62B, missing the average analysts' forecast of $4.79B by -3.64%. The company's EBITDA was $84.2M, missing the average prediction of $758.87M by -88.90%. WestRock's net income was $-22.4M, missing the average estimation of $89.97M by -124.90%. The company's SG&A was $527.1M, beating the average forecast of $466.62M by 12.96%. Lastly, the company's EPS was $-0.0872, missing the average prediction of $0.347 by -125.13%