Lumida
/PACK
⌘K
Ranpak Holdings Corp

Ranpak Holdings Corp

PACK
$6.81USD↓-1.30%-0.09 today

MARKET CAP

582.6M

P/E (TTM)

—

FWD P/E

—

DAY RANGE

$7 – $7

52W RANGE

$3
$8

AI Summary

Stalk
Buy NowHigh

Price is in a Stage 2 Advancing trend with intact higher highs and lows, and the active Parabola pattern signaling trend acceleration. EMAs are rising and price is tightly tracking above them, with shallow pullbacks into the EMAs offering a structurally favorable buy zone. Despite overbought conditions, no exhaustion is evident, supporting immediate participation. Medium- and long-term biases remain bullish, though moderate stage transition risk persists.

  • ↑Automation revenues +111% YoY; bookings to reach ~$60 M in 2026.
  • ↑Consensus Buy rating; $7.08 target implies ~9.8% upside.
  • ↓Net leverage ~4.7×; aims to cut to 2.5–3× over 24 months.
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Ranpak Holdings Corp (NASDAQ: PACK) specializes in sustainable packaging solutions, focusing on paper-based products and innovative automation technologies. It is well-positioned as a leader in the packaging industry, leveraging key relationships with major enterprise customers, such as Walmart and Amazon. The company is part of the larger theme of shifting consumer preferences towards sustainability and efficient logistics solutions, particularly in the e-commerce sector.

Bull says

  • ↑Automation revenues +111% YoY; bookings to reach ~$60 M in 2026.
  • ↑Consensus Buy rating; $7.08 target implies ~9.8% upside.
  • ↑Q1 revenue $145 M, up 4.5% YoY on constant currency.
  • ↑Gross margin guided +200 bps via pricing surcharges and cost cuts.
  • ↑High book-to-price ratio signals undervaluation; rising analyst optimism.
  • ↑Paper packaging shift supports sustainability theme amid resin costs.

Bear says

  • ↓Net leverage ~4.7×; aims to cut to 2.5–3× over 24 months.
  • ↓Low margin conversion highlights profitability inefficiencies.
  • ↓Top two customers account for a large revenue share.
  • ↓Geopolitical tensions and energy-price shocks threaten demand.
  • ↓Elevated short interest signals negative investor sentiment.
  • ↓Small market cap may limit liquidity and suppress share gains.

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 05-01-2026bullish

Transcript signals

Bull points

  • Overall, net revenue for the company in the first quarter increased 4.5% year-over-year on a constant currency basis, or an increase of 5.4%, excluding the impact of warrants, driven by accelerating growth in automation, volume strength in EMEA and APAC, and solid e-commerce volume growth in North America.
  • In Europe and APAC, net revenue increased 8.6% on a constant currency basis, driven by 95.2% growth in automation and 3.4% volume growth in PPS.
  • Gross profit increased 5.2% on a constant currency basis in the quarter and would have increased 7.9%, excluding the $1.7 million non-cash provision for warrants. Excluding depreciation within COGS and warrants, gross profit would have increased 9.8% on a constant currency basis.

Bear points

  • Our North America business was roughly flat in the quarter, or up 1.6%, excluding the impact of warrants, as more than 130% growth in automation, excluding warrants, was offset by the lower contribution from the PPS distribution channel versus the prior year.
  • is will this impact demand and when and could that play a role in the upcoming weeks?
  • you'll see a slight lag in Q2, so you might see a little bit of pressure in the beginning of it, but that will level out as the surcharge goes into effect.
Read full transcript analysis ›