Sonoco Products Company (SON)

Sonoco Products Company Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Sonoco Products Company stock have an average target of 58.5, with a low estimate of 48 and a high estimate of 71. The average target predicts an increase of 24.34% from the current stock price of 47.05.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$48	$58.5	$60	$71
Change	+2.02%	+24.34%	+27.52%	+50.90%

* Price targets were last updated on Feb 24, 2025.

Analyst Ratings

The average analyst rating for Sonoco Products Company stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	1	2	2	3	3	3
Buy	1	1	1	1	1	1
Hold	0	1	1	1	1	1
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	3	5	5	6	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gabe Hajde Wells Fargo	Wells Fargo	Sell Maintains $50 → $48	Sell	Maintains	$50 → $48	+2.02%	Feb 24, 2025
Michael Roxland Truist Securities	Truist Securities	Strong Buy Maintains $68 → $60	Strong Buy	Maintains	$68 → $60	+27.52%	Feb 21, 2025
Anthony Pettinari Citigroup	Citigroup	Strong Buy Maintains $59 → $55	Strong Buy	Maintains	$59 → $55	+16.90%	Jan 6, 2025
George Staphos B of A Securities	B of A Securities	Strong Buy Maintains $66 → $71	Strong Buy	Maintains	$66 → $71	+50.90%	Jan 6, 2025
Gabe Hajde Wells Fargo	Wells Fargo	Sell Maintains $52 → $50	Sell	Maintains	$52 → $50	+6.27%	Jan 6, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

7.91B

Increased by 49.02%

from 5.31B

Revenue Next Year

7.93B

Increased by 0.32%

from 7.91B

EPS This Year

6.06

Increased by 267.72%

from 1.65

EPS Next Year

6.42

Increased by 5.90%

from 6.06

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	5.24B	5.59B	5.86B	5.44B	5.31B	7.91B	7.93B	8.32B
Revenue Growth	-2.55%	6.74%	4.81%	-7.13%	-2.50%	49.02%	0.32%	4.88%
EPS	2.05	-0.86	4.72	4.80	1.65	6.06	6.42	6.47
EPS Growth	-28.82%	-	-	1.63%	-65.66%	267.72%	5.90%	0.77%
Forward PE	-	-	-	-	-	7.76	7.33	7.27
No. Analysts	-	-	-	-	-	10	9	5

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	8.5B	8.6B	8.9B
Avg	7.9B	7.9B	8.3B
Low	7.4B	7.2B	7.8B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	60.8%	9.2%	12.3%
Avg	49.0%	0.3%	4.9%
Low	38.8%	-9.1%	-2.1%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	6.41	7.30	7.61
Avg	6.06	6.42	6.47
Low	5.68	5.68	5.17

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	288.4%	20.4%	18.6%
Avg	267.7%	5.9%	0.8%
Low	244.7%	-6.3%	-19.4%

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.