Packaging Corporation of America (PKG) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$226.82
Price Target
$245.00
Target Range
$232.00 — $258.00
Analyst Rating
Hold
Forward P/E22.0x
Trailing P/E26.4x
Forward PEG1.82
Implied Growth+19.4%
Median Target$245.00
Analyst Spread10.6%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$232
+2.3%
Consensus
$245
+8.0%
Bull Case
$258
+13.7%
Valuation Model TargetsConfidence: 60/100
Bear$195
Base$274
Bull$397
PKG Price Target Analysis
Updated May 7, 2026As of May 7, 2026, Packaging Corporation of America (PKG) has a Wall Street consensus price target of $245.00, based on estimates from 26 covering analysts. With the stock currently trading at $226.82, this represents a potential upside of +8.0%. The company has a market capitalization of $20.24B.
Analyst price targets range from a low of $232.00 to a high of $258.00, representing a 11% spread in expectations. The median target of $245.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 8 analysts rating the stock as a Buy or Strong Buy,16 rating it Hold, and 2 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, PKG trades at a trailing P/E of 26.4x and forward P/E of 22.0x. The forward PEG ratio of 1.82 indicates reasonable valuation for growth. Analysts expect EPS to grow +19.4% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $274.43, with bear and bull scenarios of $194.84 and $397.21 respectively. Model confidence stands at 60/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Consumer Cyclical stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+21.6%
Avg Forward P/E31.6x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 IPInternational Paper Company | $17.7B | $33.52 | $46.40 | +38.4% | Buy | 22.1x | 29 |
 GPKGraphic Packaging Holding Company | $3.3B | $11.20 | $12.60 | +12.5% | Buy | 13.2x | 27 |
 SONSonoco Products Company | $5.2B | $52.30 | $59.00 | +12.8% | Buy | 8.9x | 21 |
 CLWClearwater Paper Corporation | $229M | $14.23 | $15.50 | +8.9% | Buy | — | 10 |
 SEESealed Air Corporation | $6.2B | $42.15 | $43.50 | +3.2% | Buy | 12.4x | 27 |
 SLGNSilgan Holdings Inc. | $4.3B | $40.50 | $50.50 | +24.7% | Buy | 10.7x | 21 |
 ATRAptarGroup, Inc. | $7.9B | $122.63 | $169.67 | +38.4% | Buy | 22.0x | 18 |
 WYWeyerhaeuser Company | $17.3B | $24.04 | $29.83 | +24.1% | Buy | 84.8x | 25 |
 PCHPotlatchDeltic Corporation | $3.2B | $41.73 | $51.00 | +22.2% | Hold | 53.8x | 13 |
 RYNRayonier Inc. | $3.3B | $21.19 | $27.75 | +31.0% | Hold | 56.1x | 27 |
Upside Potential Comparison
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Start ComparisonPKG — Frequently Asked Questions
Quick answers to the most common questions about buying PKG stock.
What is the PKG stock price target for 2026?
The consensus price target for PKG is $245, close to the current price of $226.82 (8.0% implied move). Based on 26 analyst estimates, the stock appears fairly valued near current levels.
Is PKG a buy, sell, or hold?
PKG has a consensus rating of "Hold" based on 26 Wall Street analysts. The rating breakdown is mixed, with 16 Hold ratings making up the largest segment. The consensus 12-month price target of $245 implies 8.0% upside from current levels.
Is PKG stock overvalued or undervalued?
PKG trades at a forward P/E of 22.0077x, representing a moderate valuation. With analysts targeting $245 (8.0% implied move), the stock appears reasonably valued with upside.
How high can PKG stock go?
The most bullish Wall Street analyst has a price target of $258 for PKG, while the most conservative target is $232. The consensus of $245 represents the median expectation. Our quantitative valuation model projects a bull case target of $397 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover PKG stock?
PKG is heavily covered by Wall Street, with 26 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 8 have Buy ratings, 16 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the PKG stock forecast?
The 12-month PKG stock forecast based on 26 Wall Street analysts shows a consensus price target of $245, with estimates ranging from $232 (bear case) to $258 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $274, with bear/bull scenarios of $195/$397.
What is PKG's fair value based on fundamentals?
Our quantitative valuation model calculates PKG's fair value at $274 (base case), with a bear case of $195 and bull case of $397. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 60/100.
What is PKG's forward P/E ratio?
PKG trades at a forward P/E ratio of 22.0x based on next-twelve-months earnings estimates compared to a trailing P/E of 26.4x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy PKG stock?
PKG appears fairly valued according to analysts, with a "Hold" rating and minimal upside to the $245 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do PKG price targets vary so much?
PKG analyst price targets range from $232 to $258, a 11% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $245 consensus represents the middle ground. Our model's $195-$397 range provides an independent fundamental perspective.