Shareholders will be ecstatic, with their stake up 33% over the past week following Ranpak Holdings Corp.'s (NYSE:PACK) latest quarterly results. Revenues beat expectations, with US$101m in revenue being 10% above estimates. The company still lost US$0.12 per share, tracking roughly in line with expectations. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Ranpak Holdings after the latest results.

Following the latest results, Ranpak Holdings' three analysts are now forecasting revenues of US$430.8m in 2026. This would be a satisfactory 6.4% improvement in revenue compared to the last 12 months. Losses are predicted to fall substantially, shrinking 43% to US$0.25. Before this latest report, the consensus had been expecting revenues of US$423.2m and US$0.25 per share in losses.

As a result, it's unexpected to see that the consensus price target fell 8.6% to US$7.08, with the analysts seemingly becoming more concerned about ongoing losses, despite making no major changes to their forecasts. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on Ranpak Holdings, with the most bullish analyst valuing it at US$8.00 and the most bearish at US$6.00 per share. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. It's clear from the latest estimates that Ranpak Holdings' rate of growth is expected to accelerate meaningfully, with the forecast 8.6% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 2.1% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 3.7% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Ranpak Holdings to grow faster than the wider industry.

The Bottom Line

The most obvious conclusion is that the analysts made no changes to their forecasts for a loss next year. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target fell measurably, with the analysts seemingly not reassured by the latest results, leading to a lower estimate of Ranpak Holdings' future valuation.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have forecasts for Ranpak Holdings going out to 2027, and you can see them free on our platform here.

Don't forget that there may still be risks.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.