Packaging Corporation of America stock heads toward October 21 results

Published on 10/04/2026 at 12:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Packaging Corporation of America stock closed at USD 228.54 on October 2, 2026, while second-quarter revenue rose 14.7 percent to USD 2.49 billion. Third-quarter results are due October 21.

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Packaging Corporation of America (ISIN US6951561090) closed at USD 228.54 on the NYSE on October 2, 2026, down 0.51 percent from USD 229.71. The company will release third-quarter results after the market closes on October 21, 2026, according to Yahoo Finance. That date gives the stock a clear near-term test after a negative final session before the publication date.

Revenue rose 14.7 percent

Packaging Corporation of America reported USD 2.49 billion in revenue for the second quarter of 2026, up 14.7 percent from the same quarter a year earlier, according to MarketBeat. Earnings per share came in at USD 2.35 versus a USD 2.31 consensus estimate, a USD 0.04 beat for the quarter ended June 30, 2026.

The comparison matters because the revenue increase was accompanied by a reported net margin of 7.25 percent. Packaging Corporation of America also set third-quarter 2026 earnings guidance at USD 2.91 per share, giving the October report a defined benchmark.

Analysts remain above the market

Citigroup cut its price target from USD 254 to USD 253 while maintaining a Neutral rating on October 2, 2026, as reported by MarketBeat. The adjustment is modest, but it puts attention on whether the upcoming results can support the current earnings outlook.

The published consensus is Outperform from 11 analysts, with an average price target of USD 259.30, according to MarketScreener. The consensus figure sits above the October 2 closing price, while the same source lists JPMorgan at USD 320 after a move from USD 312 on September 23, 2026.

Stock remains below yearly high

At USD 228.54, Packaging Corporation of America stock stood inside its USD 191.50 to USD 259.98 52-week range on October 2, 2026. Its market capitalization was USD 20.4 billion and trading volume was 529,658 shares, while the 52-week high remained USD 31.44 above the closing price.

October results set the next test

The closing price, current consensus and second-quarter growth figures frame October 21, 2026, as the next major checkpoint. For investors, the key question is whether the USD 2.91 third-quarter guidance can coexist with the valuation implied by the USD 259.30 average target.