Ball CorporationNYSE: BALL
Materials · Metal, Glass & Plastic Containers
$58.33
+3.51%
Vol: 160K
Research Digest
Monday, June 15, 2026
No significant overnight updates
No material news in the last 48 hours.
Previous Market Intelligence
13 daysJun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 20Ball Corp upgraded to Overweight by JPMorgan on May 18 following a Q1 beat with revenue up 16% and comparable EPS rising 22% to $0.94.Positive▶
Ball Corporation reported strong Q1 2026 results on May 5, with revenue of $3.60 billion (up 16.3% YoY versus $3.43B expected) and comparable EPS of $0.94 (up 22.1% YoY versus $0.86 consensus). GAAP net earnings came in at $205 million or $0.77 per diluted share. Growth was driven by solid global beverage can demand, especially in North America and Europe, plus improved pricing and operating efficiency. Management reaffirmed full-year guidance of more than 10% EPS growth, over $900 million in free cash flow, and continued share repurchases. On May 18, JPMorgan upgraded Ball to Overweight from Neutral, and Truist Financial reiterated a Buy rating. Despite the headline beats, the stock slipped in pre-market trading by about 1.7% as investors focused on incremental 2026 startup and corporate costs that could pressure near-term margins. Consensus PT of $71.38 implies roughly 26% upside.
May 19Ball Q1 2026 comparable EPS rises 22% to $0.94 on $3.60B revenue (+16% YoY); JPMorgan upgrades to Overweight while UBS cuts PT to $64Mixed▶
Ball Corporation reported Q1 2026 results on May 5 with comparable EPS of $0.94 (up 22% YoY) on revenue of $3.60B (up 16.3%), both beating consensus. GAAP net earnings were $205M ($0.77 EPS) versus $179M ($0.63) prior year. Growth was driven by solid global beverage can demand in North America and Europe with improved pricing and operational efficiencies. Management reaffirmed full-year 2026 outlook for >10% EPS growth and >$900M free cash flow, with continued aggressive share repurchases. JPMorgan upgraded Ball to Overweight from Neutral following the print. UBS maintained Neutral while cutting its PT to $64 from $66, citing 2026 startup/corporate costs. Mean Street PT is $71.38 (~26% upside); street-high is $77. Stock dipped ~1.7% pre-market post-print as investors focused on near-term cost headwinds.
May 18Ball Corp reported Q1 2026 comparable EPS of $0.94 (+22% YoY) beating $0.86 estimates on $3.6B revenue, but stock dipped 1.7% on cautious 2026 cost commentary including $35M Millersburg startup costs.Mixed▶
Ball Corporation reported Q1 2026 results on May 5 with net earnings of $205M ($0.77 GAAP EPS) and comparable EPS of $0.94, beating $0.86 estimates by ~10%. Revenue of $3.60B beat $3.43B consensus, with comparable EPS growing more than 20% YoY on higher volumes and operating earnings. The company reaffirmed its plan for 10%-plus EPS growth and FCF above $900M in 2026, but flagged $35M of Millersburg facility startup costs, U.S. domestication of ends expense, and elevated corporate cost expectations. The stock declined 1.7% in pre-market as investors focused on cost headwinds and cash-flow seasonality. Consensus rating is Moderate Buy with average PT of $71.38 (~26% upside) and street-high of $77.
May 15Ball Corp beat Q1 with comparable EPS of $0.94 (+22% YoY) on $3.60B revenue, but shares slid 6.3% as investors focused on 2026 cost headwinds.Mixed▶
Ball Corporation reported Q1 2026 net earnings of $205 million ($0.77 GAAP diluted EPS) on sales of $3.60 billion, up from $179 million and $3.10 billion year-ago. Comparable EPS rose more than 20% to $0.94, beating the $0.86 consensus, on revenue beating the $3.43B consensus. The company backed its plan for 10%+ EPS growth and free cash flow above $900M in 2026. Despite the beat, shares fell 6.3% on the day as investors viewed the result as "good quarter, but not a big enough outlook change" amid near-term cost headwinds. Among 15 analysts, the consensus is Moderate Buy with mean price target of $71.38 (26.4% upside) and street-high of $77.
May 14Ball Corp posts Q1 EPS beat but stock dips on cautious guidance; UBS cuts price target to $64Mixed▶
Ball Corporation reported Q1 2026 results on May 5, 2026 with comparable EPS of $0.94 (vs $0.86 est., +22% YoY) and revenue of $3.60B (vs $3.43B est.). Comparable operating earnings reached $387M, supporting management's plan for 10%+ EPS growth and free cash flow above $900M in 2026. Despite the beat, pre-market shares dipped 1.7% on cautious 2026 outlook commentary. On May 7, UBS lowered its price target to $64 from $66. Full-year analyst consensus calls for $14.21B revenue and $4.05 EPS, with Q2 2026 consensus at $3.65B and $1.02 EPS. Risks include aluminum cost inflation, beverage demand softness, and tariff exposure.
May 13Ball Corp beat Q1 2026 estimates with EPS of $0.94 (up 22%) and revenue of $3.60B, but stock dipped 1.7% on 2026 cost headwinds and cash-flow timingMixed▶
Ball Corporation reported Q1 2026 results on May 5, with comparable net earnings of $251 million ($0.94 per diluted share), up from $0.77 a year ago, and revenue of $3.60 billion that exceeded the consensus of $3.43 billion. The Beverage Packaging North/Central America segment delivered comparable operating earnings of $205 million on sales of $1.78 billion. Despite the beat, shares dipped 1.7% in pre-market as investors focused on near-term cost headwinds, cash-flow seasonality, and incremental 2026 startup and corporate costs. The company reaffirmed its plan for 10%+ comparable EPS growth, free cash flow above $900 million in 2026, and plans to repurchase at least $600 million of shares, bringing total capital return to shareholders to $800 million. Year-end 2026 net debt to comparable EBITDA is targeted around 2.7x.
May 12No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 11Ball Corp Q1 beat with $0.94 EPS vs $0.86 est on May 5, but stock dipped 1.7% on cost headwinds, reaffirmed $800M capital return.Mixed▶
Ball Corp reported Q1 2026 on May 5, with comparable EPS of $0.94 beating the $0.86 consensus (~10% beat) and revenue of $3.60B exceeding $3.43B consensus. Comparable EPS grew over 20% YoY on higher volumes and operating earnings. However, the stock dipped 1.7% in pre-market as Ball reaffirmed its full-year framework (10%+ comparable EPS growth, FCF >$900M, $800M+ capital return) while flagging ~$35M of Millersburg facility startup costs and U.S. domestication of ends expected later in 2026. The buyback target is at least $600M of $800M total return. Average 12-month analyst target is $70.79. Risk: near-term cost timing and cash-flow seasonality.
May 8Q1 comparable EPS jumped 22% to $0.94 beating $0.86 estimate, but stock dipped 6.3%Neutral▶
Ball reported Q1 2026 results with comparable EPS of $0.94 (up 22% YoY) and revenue of $3.60B (up 16.3% YoY), both exceeding estimates. Comparable Operating Earnings rose 10% YoY. However, market reaction was muted due to concerns about near-term cost headwinds, including ~$35M in startup costs tied to the Millersburg facility and U.S. domestication of ends expected later in 2026. Free cash flow projected at >$900M for 2026, with $600M+ in share repurchases planned. Management largely reaffirmed full-year guidance.
May 7Ball beats Q1 estimates with $0.94 EPS (+22% YoY) but stock falls 1.7% pre-market on profit-takingPositive▶
Ball reported Q1 2026 adjusted EPS of $0.94, up 22% YoY and beating consensus of $0.85 by $0.09. Revenue reached $3.6B (+16% YoY) exceeding $3.43B estimates. The company reaffirmed 2026 targets of $900M+ free cash flow and $800M+ shareholder returns. Despite the earnings beat, pre-market trading declined 1.7%, reflecting profit-taking or forward guidance concerns.
May 6Ball Corporation reports strong Q1 2026 with 22% adjusted EPS growth and steady beverage demandPositive▶
Ball Corporation reported strong Q1 2026 with adjusted EPS of $0.94, up 22% year-over-year, and revenue of $3.6 billion, both exceeding analyst expectations. Total diluted EPS was $0.77 compared to $0.63 prior year. Global shipped beverage can volumes grew approximately 1% year-over-year, with North America exceeding expectations and EMEA in line. Management highlighted stronger April performance with enterprise volumes rising mid-single digits, suggesting improving demand momentum. The company declared confidence in generating free cash flow exceeding $900 million in 2026. Despite the earnings beat, pre-market trading saw stock decline by approximately 1.7%.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| BALLBALL | $58.33 | +3.51% | +1.0% | 12.5x | 1.06 | $15.0B |
| LINLINDE | $519.59 | +0.99% | +0.7% | 26.1x | 0.74 | $237.9B |
| NEMNEWMONT | $106.40 | -1.78% | -1.4% | 9.6x | 0.45 | $115.6B |
| FCXFREEPORT | $71.30 | +14.43% | +3.0% | 16.8x | 1.32 | $89.6B |
| SHWSHERWIN | $323.89 | +4.70% | +2.2% | 23.3x | 1.16 | $76.3B |
| ECLECOLAB | $270.53 | +8.13% | +0.4% | 26.1x | 0.93 | $70.4B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price between 50d and 200d. Testing 50d support.