Amcor plc (AMCR)

Amcor Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Amcor stock have an average target of 10.94, with a low estimate of 10.8 and a high estimate of 11.1. The average target predicts an increase of 12.15% from the current stock price of 9.76.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$10.8	$10.94	$11	$11.1
Change	+10.71%	+12.15%	+12.76%	+13.79%

* Price targets were last updated on Oct 15, 2024.

Analyst Ratings

The average analyst rating for Amcor stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	0	0	0	0	0	0
Buy	1	2	2	2	2	2
Hold	5	4	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	6	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John Purtell Macquarie	Macquarie	Hold → Buy Upgrades n/a	Hold → Buy	Upgrades	n/a	n/a	Nov 27, 2024
Gabe Hajde Wells Fargo	Wells Fargo	Hold Maintains $11 → $11	Hold	Maintains	$11 → $11	+10.71%	Oct 15, 2024
Anthony Pettinari Citigroup	Citigroup	Hold Maintains $10 → $11	Hold	Maintains	$10 → $11	+12.76%	Aug 20, 2024
Gabe Hajde Wells Fargo	Wells Fargo	Hold Maintains $9.8 → $11	Hold	Maintains	$9.8 → $11	+7.64%	Aug 16, 2024
Ghansham Panjabi Baird	Baird	Hold Maintains $10 → $11	Hold	Maintains	$10 → $11	+12.76%	Aug 16, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

14.01B

Increased by 2.73%

from 13.64B

Revenue Next Year

15.66B

Increased by 11.75%

from 14.01B

EPS This Year

0.75

Increased by 47.85%

from 0.51

EPS Next Year

0.82

Increased by 9.71%

from 0.75

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jun 30, 2020	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026	Jun 30, 2027
Revenue	12.47B	12.86B	14.54B	14.69B	13.64B	14.01B	15.66B	17.36B
Revenue Growth	31.83%	3.15%	13.09%	1.03%	-7.17%	2.73%	11.75%	10.87%
EPS	0.38	0.60	0.53	0.71	0.51	0.75	0.82	0.89
EPS Growth	5.28%	57.59%	-12.13%	33.27%	-28.37%	47.85%	9.71%	8.94%
Forward PE	-	-	-	-	-	13.07	11.91	10.93
No. Analysts	-	-	-	-	-	13	13	10

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	14.6B	25.0B	25.2B
Avg	14.0B	15.7B	17.4B
Low	13.3B	13.5B	14.0B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	7.1%	78.3%	61.1%
Avg	2.7%	11.8%	10.9%
Low	-2.6%	-4.0%	-10.8%

EPS Forecast

EPS	2025	2026	2027
High	0.78	0.95	1.08
Avg	0.75	0.82	0.89
Low	0.69	0.73	0.79

EPS Growth

EPS Growth	2025	2026	2027
High	54.5%	27.8%	31.6%
Avg	47.8%	9.7%	8.9%
Low	35.8%	-2.9%	-3.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.