[REVISION HISTORY]

Ball Corp earnings and analyst activity

Updated 1 time since CLSTR started tracking revisions of this situation.

What changed

2026-08-04 21:39 UTC → 2026-08-20 11:47 UTC · added ~~removed~~

In late July 2026, First Trust Advisors disclosed a modest increase in its Ball Corporation stake, while Zacks trimmed its third‑quarter earnings forecast despite the company posting a first‑quarter earnings beat and revenue above expectations. Analysts also adjusted price targets and maintained buy or overweight ratings. A week later, Ball Corp reported a second‑quarter earnings beat, driven by a surge in beverage‑can demand that lifted global aluminium packaging shipments. Revenue reached $4 billion, free cash flow exceeded $900 million, and the firm announced roughly $800 million in shareholder returns. The company reaffirmed its outlook for 2026, citing continued EPS growth and volume expansion, while noting higher costs and the influence of recent U.S. aluminium tariffs. By mid-August, Zacks Research updated its projections, lowering the third-quarter 2026 EPS forecast to $1.04 from $1.05, though it raised the full-year 2026 EPS forecast to $3.99. This followed a quarterly report where Ball achieved $4 billion in revenue—a 19.7% year-over-year increase—and earnings of $1.03 per share, exceeding the $0.99 consensus. Analyst sentiment remained mixed: Bank of America raised its price objective to $73.00 with a buy rating, while JPMorgan Chase & Co. maintained a neutral rating at $65.00 and Citigroup lowered its rating from buy to reduce.

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