Baird and Truist Lower Price Targets to $15 and $14 Following Weak Q4
On February 4, Baird reduced Graphic Packaging’s target from $18 to $15, implying 13% upside, while Truist cut its target to $14 and maintained a Hold rating after Q4 reported $0.29 adjusted EPS on weak volumes. Management forecasts 2026 EBITDA of $1.05–$1.25 billion and EPS of $0.75–$1.15.
1. Analyst Price Target Reductions
On February 4, Baird analyst Ghansham Panjabi lowered his price target on Graphic Packaging from $18 to $15, retaining a Neutral rating based on near-term business challenges. Truist Financial’s Michael Roxland reaffirmed a Hold rating and cut his target from $18 to $14 on the same day.
2. Q4 Earnings Performance
The company reported $0.29 in adjusted earnings per share for Q4, driven by meager volumes and pricing pressures across its packaging operations. Both analysts cited margin contractions and softer demand when revising their outlooks.
3. 2026 Financial Guidance
Management projects full-year 2026 EBITDA between $1.05 billion and $1.25 billion, with adjusted EPS expected between $0.75 and $1.15. This guidance reflects anticipated recovery efforts following a transitional quarter marked by cost actions and volume normalization.