Amcor plc (NYSE:AMCR) is one of the best long-term ASX stocks to buy right now.
A customer receiving special services like hemming and gift-packaging from the company.
As of April 15, 2026, Amcor plc (NYSE:AMCR) continues to retain support from Truist, even though the firm lowered its price target, signaling a more cautious near-term stance on costs rather than a break in the broader earnings story.
Truist analyst Michael Roxland reduced the firm’s price target for Amcor plc (NYSE:AMCR) from $60 to $50, while keeping a “Buy” rating. He stated that his estimates now take into account the state of the market, which includes higher energy and freight costs, as well as input from recent industry conferences and management check-ins.
This more measured approach is in line with Amcor plc (NYSE:AMCR)’s ongoing efforts to guide investors toward strong underlying momentum.
Amcor plc (NYSE:AMCR) reiterated its fiscal 2026 target for free cash flow of $1.8 billion to $1.9 billion and adjusted EPS of $4.00 to $4.15. The earnings range indicates 12% to 17% constant-currency growth and includes at least $260 million in pre-tax savings from the Berry acquisition.
Meanwhile, revenue increased 70% to $11.194 billion for the first half ended December 31, 2025, while adjusted EPS increased 14% year-over-year to $1.83.
The setting is noteworthy because, driven by legislation, e-commerce demand, and sustainability trends, the larger U.S. packaging market was valued at over $215 billion at the end of 2025 and is expected to reach $319 billion by 2035. Nevertheless, Amcor plc (NYSE:AMCR)’s stock fell 3% so far in 2026, trailing the Packaging & Containers sector’s 0.54% decline.
According to 23 analyst ratings, Amcor plc (NYSE:AMCR) has about 30% upside potential, with 78% of covering analysts remaining optimistic about the stock’s outlook.
Amcor plc (NYSE:AMCR) produces packaging solutions, including flexible and rigid plastics, cartons, and specialty packaging for food, beverage, healthcare, and consumer goods. The company serves clients that are global brands, manufacturers, and retailers that require packaging for products. Its products are used to protect, preserve, and market goods while ensuring safety and sustainability. It was founded in 1928 and headquartered in Zurich, Switzerland.
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