Amcor plc, a packaging company headquartered in Zurich, Switzerland, is a global leader in developing, producing, and selling packaging solutions for various industries including food, beverage, pharmaceutical, medical, home and personal care. With a market cap of $18.2 billion, Amcor’s flexible and rigid packaging, specialty cartons, closures, and services help leading companies protect their products and build their brands.
Despite its strong presence in the packaging industry, Amcor’s stock performance has lagged behind the broader market in recent times. Over the past year, the company’s shares have declined by 28.6%, while the S&P 500 Index has surged by 17.7%. In 2025, Amcor’s stock fell by 16.1%, compared to the SPX’s 16.3% rise on a year-to-date basis.
When compared to the Materials Select Sector SPDR Fund (XLB), Amcor’s underperformance becomes even more evident. The ETF has declined by about 9.5% over the past year, but its 1.8% returns on a year-to-date basis outshine Amcor’s double-digit dip over the same period.
On August 14, Amcor’s shares took a hit, closing down by 11.9% after reporting its Q4 results. The company’s adjusted EPS of $0.20 fell short of Wall Street expectations of $0.21, while its revenue of $5.1 billion missed forecasts of $5.2 billion. Looking ahead, Amcor expects full-year adjusted EPS in the range of $0.80 to $0.83.
For fiscal 2026, analysts project a 12.7% growth in Amcor’s EPS to $0.80 on a diluted basis. The company’s earnings surprise history has been mixed, with three out of the last four quarters matching the consensus estimate.
Among the 16 analysts covering Amcor’s stock, the consensus is a “Moderate Buy,” with 10 “Strong Buy” ratings, one “Moderate Buy,” and five “Holds.” This sentiment is more bullish than it was a month ago, with nine analysts suggesting a “Strong Buy.”
Wells Fargo & Company recently maintained an “Overweight” rating on Amcor and lowered the price target to $9, implying a potential upside of 13.9% from current levels. The mean price target of $11.07 represents a 40.1% premium to Amcor’s current price, while the Street-high price target of $14.50 suggests an ambitious upside potential of 83.5%.
In conclusion, while Amcor has faced challenges in its stock performance, analysts remain optimistic about its future prospects. Investors may want to keep an eye on the company’s developments and potential for growth in the packaging industry.
(Note: The information in this article is for informational purposes only and the author does not hold any positions in the securities mentioned. This article was originally published on Barchart.com.)
