Ranpak (NYSE:PACK) Downgraded by Craig Hallum to “Hold”

Craig Hallum downgraded shares of Ranpak (NYSE:PACK) from a buy rating to a hold rating in a research report released on Friday morning, Marketbeat Ratings reports. They currently have $3.50 price target on the stock.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Ranpak in a research note on Thursday, October 15th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $3.50.

Ranpak Stock Performance

PACK opened at $3.17 on Friday. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.79 and a quick ratio of 1.39. The business has a fifty day simple moving average of $4.06 and a 200 day simple moving average of $5.13. Ranpak has a 1 year low of $3.05 and a 1 year high of $7.81. The company has a market capitalization of $272.29 million, a PE ratio of -7.94 and a beta of 3.14.

Ranpak (NYSE:PACK) last announced its earnings results on Thursday, October 29th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.06). Ranpak had a negative net margin of 8.28% and a negative return on equity of 6.61%. The business had revenue of $101.90 million during the quarter, compared to the consensus estimate of $108.85 million. Research analysts expect that Ranpak will post -0.32 EPS for the current year.

Hedge Funds Weigh In On Ranpak

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vise Technologies Inc. grew its stake in Ranpak by 61.5% during the third quarter. Vise Technologies Inc. now owns 22,080 shares of the company’s stock worth $92,000 after purchasing an additional 8,407 shares during the period. Abel Hall LLC acquired a new stake in shares of Ranpak during the 3rd quarter worth approximately $58,000. Sequoia Financial Advisors LLC acquired a new position in shares of Ranpak during the 2nd quarter valued at $116,000. Squarepoint Ops LLC acquired a new stake in Ranpak in the second quarter worth $585,000. Finally, JS Capital Management LLC acquired a new stake in Ranpak in the second quarter worth $223,180,857. Institutional investors and hedge funds own 85.94% of the company’s stock.

Trending Headlines about Ranpak

Here are the key news stories impacting Ranpak this week:

• Positive Sentiment: Ranpak said automation remains a growth driver and expects approximately $60 million in automation revenue for 2026. Adjusted EBITDA increased to $22.5 million, supporting the investment case around margin recovery and operational efficiency. Ranpak anticipates $60M in 2026 automation revenue as adjusted EBITDA rises to $22.5M
• Neutral Sentiment: Management’s third-quarter earnings call focused on automation momentum, margin recovery and the company’s operating outlook, but investors remain focused on whether these improvements can translate into stronger cash flow. Ranpak Q3 2026 Earnings Call Transcript
• Negative Sentiment: Ranpak reported third-quarter revenue of $101.9 million, below the $108.85 million analyst consensus, while adjusted EPS was a loss of $0.08 versus expectations for a $0.02 loss. The revenue and earnings misses reinforce concerns about demand and profitability. Ranpak Holdings Corp. Reports Third Quarter 2026 Financial Results
• Negative Sentiment: Craig Hallum downgraded PACK from “buy” to “hold” and set a $3.50 price target. The downgrade signals reduced analyst conviction despite the target implying limited potential upside from recent trading levels. Craig Hallum stock recommendations
• Negative Sentiment: Analysis of the results highlighted a debt-service ceiling: improving automation and margins may not be sufficient to offset financing obligations and cash-flow pressure. This limits the near-term benefit of the company’s operational gains. Ranpak automation momentum and margin recovery meet a debt-service ceiling

About Ranpak

Ranpak Holdings Corp. (NYSE: PACK) develops and manufactures sustainable, paper-based packaging solutions designed to protect products during shipping and handling. Its offerings serve e-commerce, retail, industrial, food, and other applications where cushioning, void fill, wrapping, and product protection are required.

The company’s product portfolio includes paper cushioning and void-fill materials, protective wrapping systems, and packaging automation equipment. Ranpak also provides dispensing systems and related packaging solutions that help customers streamline fulfillment operations while reducing reliance on plastic-based protective packaging.

Founded in 1972, Ranpak serves customers through a global network of manufacturing, distribution, and sales operations across North America, Europe, and other international markets.