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International PaperNYSEMaterialsPackaging & ContainersSnapshot 2026-06-12
Watch· 1–3 mo
$36.15+3.43%
Close 2026-06-12 · 1-day change
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
The bottom line
Recent financial performance is weak, and earnings quality cannot be assessed since the company was unprofitable over the past year. Management's recent track record has been fairly steady, and it has a capital-friendly stance. Risk is elevated, and the sector backdrop is a headwind, with performance compared to sector peers being typical. Peer multiples imply a price about 24% above where it trades (it looks cheap on this basis); the read is fair, but weakening. The assessment is provisional.
as of 2026-06-12
Quick facts
- Exchange
- NYSE
- Sector
- Materials
- Industry
- Packaging & Containers
- Market cap
- $18.51B
- Employees
- 62,602
- IPO date
- 1994-03-31
- Next earnings
- 2026-07-30
Price
Daily closes. Earnings/event dots are placed inline.
Adjusted daily closes (split & dividend). Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event
What's priced in
(what the market already expects)What it's worth (estimated)
A consensus fair price across 4 valuation methods, at three horizons. Current price $36.15. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
12-month· primaryinexpensive
$51.24consensus
Range $44.70 – $70.47
vs price: -29% below
Method agreement — · 4 methods
No-growth: today's peer multiple on trailing earnings. The headline read.
3-yearinexpensive
$94.66consensus
Range $59.28 – $130.04
vs price: -62% below
Method agreement — · 2 methods
Embeds projected growth. Leans optimistic by design. Upside context.
5-yearinexpensive
How much to trust our fair value
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
Cheap vs peerslow confidence
At $36 IP trades at 1× p/s, below its 2× p/s peer median. Our $49 fair value sits above the price; low confidence. Analysts: $39–$60. Not investment advice.
Multiple (P/S)
0.8x
peer 2.3x · own history 0.8x
Premium
0.4x peer
1.0x its own history
Growth the price needs
-26%
our forecast 25%
Our fair value
$49.10
range $41.25 – $66.56
Analyst range(a guide on our number, not a target)Our number is in the analyst range
How this stock is priced
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Long-term · 1–3 yr
inexpensivefair — but weakening12-month view
What's priced inJustified
The price implies about 26% below a flat-multiple fair value, below our forecast of about 25%. This describes what's priced in, not a forecast of the move.
TTM earnings are negative, so the read leans on sales- and cash-flow-based methods rather than P/E. This is a data condition, not a forward call.
Low fragilityrisk posture, not a price call
No fragility gates fired. Regime (Crisis) does not concentrate fragility.
Historical context
How strong is the business
(quality & execution)Factor signals
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Recent financial performance
weakOperating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Materials names rated weak grew net income 51% of the time over the next year (vs 59% for the rest of the cohort, n=1088).
16th pctl · Materials
Earnings quality
loss makingOver the trailing year it converted -0.77x of net income into operating cash flow.
Macro sensitivity
Most sensitive to the broad stock market.
- the broad stock market: This stock moves with the broad market (high beta).
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity.
Management & capital allocation
neutral5 material management or governance events in the past 24 months, led by M&A activity. Historically, Materials names rated neutral grew net income 56% of the time over the next year (vs 54% for the rest of the cohort, n=272).
Earnings setup & market context
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
Earnings setup · pre-print positioning
forward-looking
Strongly bearishEPS revised -116.5% / 30d, n=9for period ending 2026-06-30
Why this setup
Consensus revisions
EPS estimate $0.25 → $-0.04 (-116.5% / 30d). 0 raised, 9 cut, 9 covering analysts.
Rating actions
0 upgrades, 0 downgrades / 30d. 75% of analysts rate Buy.
Sector context
Intermediate · WeeklySector phase: materials is in declining, with may be transitioning (~0.8 years in phase).
Sector regime (90d momentum): headwind.Secular epoch: Growth by revenue growth · theme copper/electrification.Management scorecard
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Long-term · 1–3 yr
Overall: weak
- Capital allocation
- weak
- Earnings discipline
- weak
- Margin discipline
- weak
- Balance sheet
- strong
- Post-call reaction
- neutral
Met or beat guidance 50% of the last 2 guided quarters · 21.6% avg surprise
How bumpy is the path
(risk while you hold it)Risk: how this stock moves
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
Intermediate · WeeklyLong-term · 1–3 yr
On a typical day, $10k can swing ±$143.
How much price usually moves either way.
On a bad day, this stock has moved -$421.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $4,628.
Deepest peak-to-trough drop in the last year.
elevatedas of 2026-06-12
Past results, not a forecast. Not investment advice.
What would change the read
(catalysts & re-read triggers)What changed
The most important moves since the prior daily snapshot.
Short-term · Daily
- label change · valuation_labelsmall change
Valuation label changed from 'fair' to 'inexpensive'.
No material changes since the prior snapshot.
as of 2026-06-12
What to watch next
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Intermediate · Weekly
- UpsideMedium confidenceMonthsactive 7d
Watch for cash flow management improvements in Q2
Why it matters: Good cash flow management is key for paying off debt and stability.
What confirms / what disproves
Confirms:Free cash flow reported above $100 million for Q2.
Disproves:Free cash flow reported below $50 million for Q2.
Management priorities
News catalysts
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for IP yet.
This sector is also watching
- Watch for revenue growth turning positive in Materials
What could change this view
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Intermediate · Weekly
Upside triggers
- If sector bellwethers like SW, PKG, and AMCR keep beating earnings and guiding higher, the Materials sector momentum should keep lifting IP and other Materials names. Worth watching these names for early signals.
- If IP raises forward guidance on the next earnings call (currently NEW as of 2026-04-30), that's a momentum boost. Street estimates typically follow guidance up and the stock tends to re-rate higher.
Downside triggers
- If IP cuts guidance on the next call (currently NEW as of 2026-04-30), that's a meaningful negative. The Street tends to walk down estimates and the stock usually takes a leg lower.
- If sector bellwethers like SW, PKG, and AMCR start missing or guiding lower, the Materials tailwind helping IP and other Materials names could fade. Watch these names for early warning.
- If GDP growth slows materially from the current 2.6% (say, below 2%), it hits IP and other Materials names harder than the average stock, since the sector is growth-sensitive.
Recent events
(material 8-K / filing activity)Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-04-301mo agoItem 2.02
Results of Operations and Financial Condition. On April 30, 2026, International Paper Company (the “Company”) issued a press release announcing its preliminary, unaudited financial results for the fiscal quarter ended March 31, 2026. The Company will host a webcast and conference call today to discuss results for the fiscal quarter ended March 31, 2026. During the call, the Company will also provide an update on the separation of our Europe, Middle East and Africa packaging business and adjus…
Earnings preannouncementneutral
Score history
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
-5.0 vs last weeklatest as of 2026-06-13
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.