Ranpak (NYSE:PACK) Releases Earnings Results, Misses Expectations By $0.09 EPS

Ranpak (NYSE:PACK) posted its quarterly earnings data on Thursday. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.09), FiscalAI reports. The company had revenue of $111.90 million during the quarter, compared to the consensus estimate of $112.82 million. Ranpak had a negative return on equity of 6.79% and a negative net margin of 9.48%.

Here are the key takeaways from Ranpak’s conference call:

• Automation was a standout — Ranpak grew automation revenue to north of $40M in 2025 (≈35% year) and guides to 30%–50% growth in 2026 (potentially >$60M) with the business expected to turn positive on Adjusted EBITDA.
• North America drove the quarter and year — e‑commerce volumes led to +5.5% volume in Q4 and ~14% for the year, and relationships with two large e‑commerce/retail customers are expected to generate a cumulative > $1 billion of revenue over the next 8–10 years.
• Profitability pressures remain — Q4 Adjusted EBITDA fell 10.3% (or -1.2% excl. warrant impact), full‑year Adjusted EBITDA declined, gross profit was down on mix and warrant effects, automation was a ~$6M drag for the year (though it broke even in Q4), and net leverage sits at 4.4x with a target of 2.5–3x.
• Europe and geopolitical risk are headwinds — EMEA revenue was softer (rebates, mix and weaker industrial demand), and the recent Middle East conflict has elevated European energy prices (Dutch TTF volatility), prompting a more conservative near‑term guide.

Ranpak Stock Down 5.0%

Shares of NYSE:PACK traded down $0.21 during midday trading on Friday, reaching $4.03. 96,597 shares of the company were exchanged, compared to its average volume of 430,373. The firm has a market cap of $340.05 million, a PE ratio of -9.16 and a beta of 2.82. Ranpak has a fifty-two week low of $2.91 and a fifty-two week high of $6.51. The stock has a fifty day simple moving average of $5.52 and a two-hundred day simple moving average of $5.28. The company has a quick ratio of 1.42, a current ratio of 1.88 and a debt-to-equity ratio of 0.74.

Institutional Trading of Ranpak

Several hedge funds and other institutional investors have recently modified their holdings of PACK. Engineers Gate Manager LP bought a new stake in shares of Ranpak in the second quarter valued at about $49,000. Gamco Investors INC. ET AL raised its position in Ranpak by 27.9% in the 2nd quarter. Gamco Investors INC. ET AL now owns 14,000 shares of the company’s stock valued at $50,000 after buying an additional 3,050 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Ranpak in the 4th quarter valued at approximately $55,000. nVerses Capital LLC bought a new stake in Ranpak in the 4th quarter valued at approximately $58,000. Finally, Quantbot Technologies LP acquired a new position in Ranpak during the 3rd quarter worth approximately $58,000. Institutional investors and hedge funds own 85.94% of the company’s stock.

Wall Street Analyst Weigh In

PACK has been the topic of several research reports. UBS Group reaffirmed an “overweight” rating on shares of Ranpak in a research note on Friday. Cantor Fitzgerald reissued an “overweight” rating on shares of Ranpak in a report on Friday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Ranpak in a research report on Thursday, January 22nd. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $7.50.

Ranpak News Summary

Here are the key news stories impacting Ranpak this week:

• Positive Sentiment: Management outlined a 2026 revenue growth target of up to 12.7% and highlighted progress on automation and expanding major partnerships, which could drive margin improvement and top-line recovery over the medium term. Ranpak outlines 2026 revenue growth target of up to 12.7% while advancing automation and expanding major partnerships
• Neutral Sentiment: Ranpak updated FY2026 revenue guidance to a range of $415.0M–$445.0M; the top end sits above the consensus ($433.7M) but the midpoint is slightly below, leaving near-term guidance ambiguous for investors. Ranpak Holdings Corp. Reports Fourth Quarter and Full Year 2025 Financial Results
• Neutral Sentiment: Trading was temporarily halted (LULD pause) during the session, indicating elevated intraday volatility as investors digest the print and guidance. (Market mechanisms halted trading; no company-specific regulatory action.)
• Negative Sentiment: Q4 results missed: EPS of ($0.11) vs. consensus ($0.02) and revenue $111.90M vs. $112.82M expected; the company reported negative net margin and negative ROE, which pressured sentiment and likely drove the share decline. Ranpak falls short on fourth quarter earnings and revenue
• Negative Sentiment: Operational and profitability metrics remain weak (negative net margin, negative ROE); the stock trades below its 50-day moving average and has a high beta, increasing downside risk if execution stalls. Ranpak Q4 report and transcript

Ranpak Company Profile

Ranpak Holdings Corp. (NYSE: PACK) is a leading provider of sustainable, paper-based packaging solutions designed to protect products during transit. The company’s core business centers on the design, manufacture and distribution of automated systems and consumable paper packaging materials that offer an eco-friendly alternative to plastic-based void-fill and protective packaging. Ranpak’s solutions include crumpled paper fillers, paper wrap systems and tailored automation equipment that serve diverse end markets such as e-commerce, industrial parts, electronics and retail.

Founded in 1972 and headquartered in Concord Township, Ohio, Ranpak has built a global presence by combining innovation in paper converting technology with a commitment to sustainability.