Sonoco's stock price soared 5.40% during intraday trading on Tuesday, following the company's Investor Day presentation and strong quarterly results.
The surge was driven by the company's detailed financial targets for 2026-2028, announced during its Investor Day. Sonoco aims to achieve adjusted EBITDA of approximately $1.5 billion by the end of 2028, expand adjusted EBITDA margins by about 200 basis points, and generate cumulative cash flow from operations of around $2.5 billion over the period. The company also reaffirmed its commitment to shareholder returns, including continuing its long history of dividend payments and planning future share repurchases.
Additionally, the positive sentiment was bolstered by Sonoco's fourth-quarter 2025 earnings report, which showed adjusted earnings per share of $1.05, beating analyst estimates, and revenue of $1.768 billion, also exceeding expectations. The company provided 2026 guidance that aligns with market forecasts, further supporting investor confidence in its near-term prospects.