Craig Hallum Issues Pessimistic Forecast for Ranpak (NYSE:PACK) Stock Price

Ranpak (NYSE:PACK) had its target price lowered by stock analysts at Craig Hallum from $10.00 to $8.00 in a note issued to investors on Friday, MarketBeat.com reports. The brokerage presently has a “buy” rating on the stock. Craig Hallum’s target price would indicate a potential upside of 108.88% from the stock’s current price.

A number of other research analysts have also weighed in on PACK. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Ranpak in a research note on Friday. UBS Group reissued an “overweight” rating on shares of Ranpak in a research report on Friday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Ranpak in a report on Thursday, January 22nd. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $6.83.

Ranpak Trading Down 9.7%

NYSE PACK opened at $3.83 on Friday. Ranpak has a one year low of $2.91 and a one year high of $6.51. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.88 and a quick ratio of 1.42. The firm has a market cap of $323.18 million, a P/E ratio of -8.51 and a beta of 2.82. The stock’s 50-day moving average is $5.48 and its 200-day moving average is $5.28.

Ranpak (NYSE:PACK) last issued its quarterly earnings data on Thursday, March 5th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.09). Ranpak had a negative net margin of 9.70% and a negative return on equity of 7.09%. The business had revenue of $111.90 million during the quarter, compared to analyst estimates of $112.82 million. Sell-side analysts anticipate that Ranpak will post -0.2 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Ranpak

A number of hedge funds and other institutional investors have recently bought and sold shares of PACK. Corient Private Wealth LLC acquired a new position in Ranpak during the 4th quarter worth approximately $59,000. Empowered Funds LLC grew its stake in shares of Ranpak by 6.0% during the 4th quarter. Empowered Funds LLC now owns 498,623 shares of the company’s stock worth $2,698,000 after acquiring an additional 28,056 shares in the last quarter. nVerses Capital LLC acquired a new stake in shares of Ranpak in the fourth quarter valued at approximately $58,000. Numerai GP LLC acquired a new stake in shares of Ranpak in the fourth quarter valued at approximately $62,000. Finally, Millennium Management LLC lifted its position in shares of Ranpak by 32.9% in the fourth quarter. Millennium Management LLC now owns 1,588,253 shares of the company’s stock worth $8,592,000 after purchasing an additional 393,344 shares in the last quarter. Institutional investors and hedge funds own 85.94% of the company’s stock.

Ranpak News Summary

Here are the key news stories impacting Ranpak this week:

• Positive Sentiment: Ranpak outlined a 2026 revenue growth target of up to 12.7% while pursuing automation and expanding partnerships — a strategic roadmap that could lift medium‑term top‑line growth if execution follows through. Read More.
• Positive Sentiment: Craig Hallum kept a Buy rating on PACK and set a $8 price target (down from $10), implying significant upside from current levels — this maintains institutional endorsement despite the reduction in target. Read More.
• Neutral Sentiment: Full Q4 earnings call transcripts and slide deck were posted — useful for investors who want detail on drivers, margins, and the cadence behind the guidance. Read More. | Read More.
• Neutral Sentiment: Trading was temporarily halted due to an LULD pause, signaling intraday volatility but not a fundamental development by itself.
• Negative Sentiment: Q4 results missed expectations: EPS of -$0.11 vs. consensus -$0.02 and revenue $111.9M vs. $112.8M est.; the company reported a negative net margin and negative ROE — these misses prompted the immediate negative market reaction. Read More.
• Negative Sentiment: FY‑2026 revenue guidance was updated to $415M–$445M versus a consensus ~$433.7M — the lower end of the range and lack of explicit EPS guidance increase uncertainty around near‑term profitability. Read More.
• Negative Sentiment: Market technicals amplify the weakness: unusually high volume (well above average) and the stock trading below its 50‑ and 200‑day moving averages, increasing downside pressure in the near term. Read More.

About Ranpak

Ranpak Holdings Corp. (NYSE: PACK) is a leading provider of sustainable, paper-based packaging solutions designed to protect products during transit. The company’s core business centers on the design, manufacture and distribution of automated systems and consumable paper packaging materials that offer an eco-friendly alternative to plastic-based void-fill and protective packaging. Ranpak’s solutions include crumpled paper fillers, paper wrap systems and tailored automation equipment that serve diverse end markets such as e-commerce, industrial parts, electronics and retail.

Founded in 1972 and headquartered in Concord Township, Ohio, Ranpak has built a global presence by combining innovation in paper converting technology with a commitment to sustainability.