Is Amcor stock a buy right now?
As of early May 2025, Amcor (ASX: AMC) is trading around $9.32 per share, with a robust average daily trading volume near 35.8 million shares, reflecting sustained investor engagement within the Australian market. Recently, Amcor finalised a strategic merger with Berry Global, a move expected to drive significant synergy benefits—around $650 million over three years—and enhance both innovation and efficiency in Amcor’s core packaging businesses. The market’s reaction to this merger has been cautiously optimistic: while near-term technicals show the stock trading below key moving averages, fundamentals remain strong, as evidenced by an increased quarterly dividend and resilient earnings despite modest revenue pressures. Investor sentiment indicates confidence in the company’s capacity to deliver on projected cost savings and growth, further supported by a forward P/E of 10.50 and an attractive 5.47% dividend yield. Globally, the packaging sector faces shifting consumer patterns and raw material cost volatility, but Amcor’s scale, diversified client base, and innovation focus place it in a favourable strategic position. The consensus from more than 33 national and international banks sets a target price of $12.10, indicating broad confidence in the company’s medium-term upward potential and suggesting that now could be an opportune moment to consider Amcor within a balanced equity portfolio.
- Attractive 5.47% dividend yield offering stable income for shareholders.
- Berry Global merger delivers $650 million expected synergies and market leadership.
- Global scale with diversified presence across food, beverage, and healthcare.
- Resilient earnings and increased dividends amid challenging economic conditions.
- Strong innovation pipeline through expanded material science and sustainability initiatives.
- Integration of Berry Global could pose operational complexities in the short term.
- High debt levels require disciplined cash management and may moderate near-term flexibility.
- What is Amcor?
- How much is Amcor stock?
- Our full analysis on Amcor </b>stock
- How to buy Amcor stock in Australia?
- Our 7 tips for buying Amcor stock
- The latest news about Amcor
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring Amcor's performance for over three years. Every month, hundreds of thousands of Australians rely on us to interpret market trends and pinpoint the best investment opportunities. Our analyses are designed for informational purposes and do not represent investment advice. In line with our ethical charter, we have never been, and never will be, paid by Amcor.
What is Amcor?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | Switzerland | Amcor is headquartered in Switzerland with global operations, including Australia. |
| 💼 Market | NYSE / ASX | Shares are listed on both the New York and Australian stock exchanges. |
| 🏛️ ISIN code | JE00BJ1F3079 | The ISIN uniquely identifies Amcor for trading and investment purposes. |
| 👤 CEO | Peter Konieczny | CEO since Sep 2024, previously CCO, recently led a major merger integration. |
| 🏢 Market cap | $21.36 billion (USD) | Reflects Amcor's position as a major global packaging company. |
| 📈 Revenue | $13.3 billion (est. FY2025) | Revenue is diversified across multiple packaging markets and regions. |
| 💹 EBITDA | ~$2.1 billion (est. FY2025) | Healthy EBITDA highlights robust operating performance despite recent market softness. |
| 📊 P/E Ratio (Price/Earnings) | 16.7 (Trailing) / 10.5 (Forward) | The low forward P/E signals potential value and improved earnings post-merger. |
How much is Amcor stock?
The price of Amcor stock is rising this week. As of now, Amcor shares are trading at $9.32, up 2.64% (+$0.24) over the last 24 hours, although the stock is down 2.31% for the week. The company’s market capitalisation stands at $21.36 billion, with an average daily trading volume of 35.79 million shares across the past three months.
| Metric | Value |
|---|---|
| Current P/E Ratio | 16.70 |
| Dividend Yield | 5.47% |
| Stock Beta | 0.78 |
A stock beta of 0.78 reflects lower volatility compared to the broader market. Investors may appreciate the income potential, but it’s important to note the recent fluctuations and keep an eye on integration progress following the Berry Global merger.
Check out the best brokers in Australia!Compare brokersOur full analysis on Amcor stock
After a rigorous review of Amcor’s most recent financial results, paired with a granular breakdown of the stock’s performance over the past three years, we have engaged our proprietary analytical framework—integrating financial fundamentals, technical indicators, competitive market signals, and sector-wide data. This holistic assessment sheds light on a stock standing at the crossroads of cyclical recovery, strategic transformation, and value realisation. So, why might Amcor stock once again become a strategic entry point into the global packaging and materials sector in 2025?
Recent Performance and Market Context
Amcor (ASX: AMC; NYSE: AMCR) has navigated a period marked by volatility and sector-wide headwinds, yet several key developments in 2024 and early 2025 have set the stage for a potential pivot in market sentiment. As at 2 May 2025, Amcor trades at $9.32, within its 52-week range of $8.37 to $11.48. While the past year recorded a modest -5.57% decline, with a near-term 6-month retracement of -9.16%, the stock’s recent uptick (+2.64% in the last session) hints at emerging buyer interest following a material event—the completion of the Berry Global merger on 30 April 2025.
This transformative merger fundamentally alters Amcor’s growth trajectory, unlocking $650 million in expected synergies over three years, and positions the company at the vanguard of innovation and scale in the packaging universe. Supported by a robust $21.36 billion market capitalization and average 3-month daily volume near 36 million shares, the market’s attention is well focused on Amcor's next steps.
Sector-wide, the consumer cyclical and packaging segments have started to stabilise after a soft patch in demand, especially in North America. Moreover, the packaging industry benefits from secular ESG tailwinds and resilient demand across FMCG, healthcare, and e-commerce, offering Amcor a relatively defensive revenue base even amid macroeconomic uncertainty.
Technical Analysis
- Price Relative to Key EMAs: The stock is currently trading below all of its major moving averages (20-day EMA: $9.39; 50-day: $9.54; 100-day: $9.69; 200-day: $9.87), making the recent price action appear bearish in momentum terms. However, the proximity to strong support levels at $9.16 and $9.03 suggests that downside risk is increasingly cushioned by buying interest at these thresholds.
- Momentum Indicators: The 14-day RSI at 47.38 points to neutral territory—Amcor is not overbought, leaving ample room for a move higher should positive catalysts emerge. Notably, MACD (-0.07) indicates a fresh buy signal, often a precursor to an upturn in price with trend reversals historically observed near these levels.
- ADX at 19.64 signifies a weak directional trend; in such an environment, technical reversals off support typically provide attractive risk/reward setups for medium-term investors, especially when supported by strengthening fundamentals.
- Immediate Resistance Levels at $9.42 and $9.53, if broken, may confirm the initiation of a new momentum phase—a key technical signal to monitor as integration synergy headlines begin to filter through.
While the chart structure reflects a period of consolidation, these characteristics often precede outsized moves when underlying business catalysts are aligning—as appears to be the case with Amcor post-merger.
Fundamental Analysis
- Revenue & Earnings Momentum: Despite net sales contracting 2.3% YoY in Q3 FY2025 (to $3.33 billion), Amcor delivered GAAP net income growth of 5.4% and increased adjusted EPS by 5% (18.0c/share), signalling strong margin discipline and operational leverage. Year-to-date results reinforce this: adjusted EBIT rose 3%, with adjusted EPS up 5%—a clear outperformance in a challenging demand environment.
- Dividend Yield & Valuation: A 5.47% yield, combined with a forward P/E of 10.50 and P/S of 1.0, positions Amcor as a compelling value and income play in an otherwise expensive equity market. The valuation discount versus peers provides a margin of safety, with ample room for rerating as cost and revenue synergies crystallise through the Berry Global merger.
- Strategic Expansion & Innovation: With approximately 41,000 employees and expanded global scale, Amcor boasts a diversified and resilient client base across food, beverage, healthcare, and personal care. The Berry Global merger significantly strengthens Amcor’s material science, R&D, and sustainability credentials—central pillars in capturing next-generation packaging demand.
- Structural Advantages: Leadership under CEO Peter Konieczny (an internal appointment with deep sustainability and product innovation experience) catalyses continuity and focus; the merged entity’s cost structure and platform are well set up for durable profitability.
In sum, the fundamentals justify renewed investor interest—particularly as Amcor emerges from a period of sector turbulence with clear structural and operational tailwinds.
Volume and Liquidity
- Trading Activity: Sustained average daily volume (35.79 million shares) underscores substantial institutional engagement and ensures efficient price discovery—a key attribute for investors seeking dynamic entry or exit points.
- Float & Market Cap: With a $21.36 billion market capitalisation and a broad ownership base, the float is sufficiently large to absorb sizeable trades without undue price impact. This dynamic also enhances Amcor’s eligibility for index inclusion and portfolio weighting across large-cap benchmarks, which can act as a further support to valuation through passive flows.
Historically, elevated liquidity combined with technical consolidation has presaged momentum reversals in stocks where business fundamentals are on the verge of inflection.
Catalysts and Positive Outlook
- Berry Global Integration: The completed merger is projected to generate $260 million in pre-tax synergies in the upcoming fiscal year, with a 12% EPS accretion target for FY2026. Early indicators of successful integration (cost, financial, and revenue synergies) could rapidly drive upward earnings revision—which has historically been a clear share price catalyst in the sector.
- ESG & Product Innovation: Amcor’s reinforced capabilities in sustainable packaging address both regulatory and consumer megatrends, positioning the company to capture growing share in higher-margin, premium segments.
- Dividend and Capital Returns: With a quarterly dividend recently increased to 12.75 cents (annualised: $0.51/share), Amcor offers a highly competitive payout in a low-yield global environment, attracting both institutional yield-seekers and retail investors.
- Favourable Regulatory and Consumption Context: As global brands adopt ever-stricter packaging standards and e-commerce continues to expand, Amcor’s category leadership and scale are increasingly valuable. Regulatory incentives and client preferences for sustainable materials should only accelerate demand.
- Potential for Positive EPS Surprises: Amcor’s FY2026 guidance for adjusted EPS ($0.72–$0.74) appears conservative in light of the sizable cost savings pipeline and improved product mix, leaving ample room for upward guidance as synergies are realised and demand conditions shift.
These catalysts converge at a time when Amcor’s share price remains compressed, further enhancing the probabilistic reward/risk ratio for new positions.
Investment Strategies
- Short-Term: Entry at or near support zones ($9.16–$9.03) ahead of the next earnings update or synergy progress report could capture the early stages of technical reversal, as signalled by MACD and neutral RSI.
- Medium-Term: Those targeting 6–12 month returns can leverage potential EPS and cost synergy upgrades through calendar 2025. Confirmation of resistance breakouts ($9.42, $9.53) would further validate this approach, particularly for trend-following strategies.
- Long-Term: Buy-and-hold investors seeking both yield and capital appreciation can benefit from Amcor’s defensive cash flows, recurring dividend, and the long-term value creation potential of the Berry Global merger. The company’s scale, innovation pipeline, and leadership in sustainable packaging position it favourably against both cyclical downturns and competitive threats.
Ideal portfolio allocation points may focus on technical lows, providing downside protection while establishing exposure ahead of material operational updates and synergy realisation.
Is it the Right Time to Buy Amcor?
In summary, several key factors reinforce the notion that Amcor currently seems to represent an excellent opportunity for investors looking to enter—or augment their stake in—the global packaging sector. Its fundamentals justify renewed interest: robust dividend yield, compelling forward valuation, and strong earnings momentum against a backdrop of sector volatility. The transformational Berry Global merger provides a tangible path to outsized EPS growth and enhanced scale in both innovation and sustainability. Meanwhile, technical indicators suggest that much of the near-term risk has already been discounted, positioning the stock for a possible bullish phase as catalysts unfold.
With synergies and innovation on the horizon, a defensive core business, and a favorable capital returns profile, Amcor appears poised to capture investor attention in 2025. The alignment of technical support with emerging positive business momentum lays the groundwork for what could be a well-timed entry for thoughtful investors.
In this context, Amcor stands out as a prime candidate for inclusion in forward-looking portfolios—offering a rare combination of value, yield, and transformational growth prospects in the evolving global packaging landscape.
How to buy Amcor stock in Australia?
Buying Amcor shares online is straightforward and secure when you use a regulated broker in Australia. You can invest directly ("spot buying") to become a shareholder or trade Amcor via CFDs (Contracts for Difference) for more flexible strategies. Spot buying gives you ownership of the actual shares, while CFDs allow you to speculate on price movements with leverage, without owning the underlying stock. Choosing the right option depends on your goals and risk tolerance. For more details on how different brokers compare in fees and features, refer to our comparison section further down the page.
Spot buying
A cash purchase of Amcor stock means you buy shares outright and become a direct shareholder, making you eligible for dividends and voting rights. Most ASX share brokers in Australia charge a fixed commission per order—typically around AUD 5 to AUD 15 per trade.
Important example of spot buying
For example, if the Amcor share price is $9.32 AUD and you invest $1,000, you can buy approximately 106 shares ($1,000 ÷ $9.32 ≈ 107, then subtract the brokerage fee of about $5). After fees, you'd own about 106 shares.
Gain scenario:
If Amcor's share price rises by 10% to $10.25, your shares are now worth around $1,100.
Result: That’s a $100 gross gain, representing +10% on your initial investment.
Trading via CFD
CFD trading lets you speculate on Amcor’s price movement without owning the shares. With CFDs, you can use leverage (for example, 5x), meaning a $1,000 deposit gives you $5,000 market exposure. CFD brokers typically charge via the spread (the difference between buy/sell prices), and if you hold positions overnight, you pay a small daily financing fee.
Important example of CFD trading
For instance, you open a CFD position on Amcor using $1,000 and 5x leverage, giving $5,000 exposure.
Gain scenario:
If the Amcor share price rises by 8%, your CFD position gains 8% × 5 = 40%.
Result: That’s a $400 gain on your $1,000 investment (excluding fees).
Final advice
Before investing in Amcor or any other company, it’s important to compare broker fees, available services, and account conditions to find the best fit for your needs. Our detailed broker comparator is available further down the page to help you choose. Ultimately, the most suitable method—spot buying or CFD—depends on your financial objectives, investment horizon, and risk profile. Take the time to understand each approach and invest with confidence.
Our 7 tips for buying Amcor stock
| 📊 Step | 📝 Specific tip for Amcor |
|---|---|
| Analyze the market | Review Amcor’s recent financials, especially the Berry Global merger, its strong dividend yield, and demand trends in the packaging industry. |
| Choose the right trading platform | Select an ASX-accredited broker with competitive fees and reliable access to the AMC ticker for straightforward local buying and selling in Australia. |
| Define your investment budget | Consider Amcor’s moderate risk profile, recent technical weakness, and the stability offered by its dividend when deciding how much to invest. |
| Choose a strategy (short or long term) | Lean towards a long-term approach to benefit from expected merger synergies and Amcor’s potential EPS and dividend growth over the next few years. |
| Monitor news and financial results | Regularly track Amcor’s quarterly earnings, progress on merger integration, and announcements affecting consumer demand and raw material costs. |
| Use risk management tools | Set stop-loss orders below key support levels and diversify your portfolio to manage the risks linked to Amcor’s leverage and market fluctuations. |
| Sell at the right time | Consider taking profits if the share price approaches resistance levels or if there are signs of stalled merger benefits or declining consumer demand. |
The latest news about Amcor
Amcor has successfully completed its transformational merger with Berry Global, strengthening its market position and innovation capabilities. Completed on April 30, 2025, the merger is expected to deliver $650 million in identified cost, financial, and growth synergies over three years, with $260 million pre-tax synergies anticipated in FY2026. This move significantly enhances Amcor’s presence in attractive product categories while expanding material science and innovation capabilities. The integration offers meaningful operational and financial benefits, positioning Amcor as a stronger, more resilient global packaging leader—a development of particular interest to Australian stakeholders given Amcor’s ASX listing and local commercial footprint.
Amcor announced solid Q3 FY2025 financial results with improved earnings and a dividend increase, despite soft sales. For the quarter ended March 31, 2025, Amcor reported GAAP net income of $196 million, up 5.4% year-on-year, and lifted its quarterly dividend to 12.75 cents per share. The company’s adjusted earnings per share also climbed 5% on a constant currency basis, and adjusted EBIT matched the previous year’s level. These results were achieved even as net sales declined 2.3% to $3.33 billion, indicating operational resilience and efficient cost management. The positive earnings and dividend increase are particularly attractive for Australian income-focused investors.
The company's forward guidance reflects confidence, with notable earnings growth and robust free cash flow expected for FY2025. Amcor reaffirmed its fiscal 2025 targets, projecting adjusted EPS of 72-74 cents per share and adjusted free cash flow between $900 million and $1 billion. This outlook is underpinned by synergy realization from the Berry Global merger and further operational improvements across the business. The forward P/E ratio stands at a compelling 10.5, while the strong 5.47% dividend yield provides additional support to long-term value, reinforcing the stock’s appeal to both growth and income investors in Australia.
Technical indicators provide a mixed picture, but MACD signals a potential buy opportunity amid neutral momentum. As of May 3, 2025, Amcor’s shares are trading below all major moving averages, reflecting a prevailing bearish trend; however, the MACD indicator has just flashed a buy signal while the relative strength index sits at a neutral 47.38. For Australian investors, this combination suggests that while the stock’s near-term momentum remains subdued, there could be a constructive shift on the horizon, making it a candidate to watch for technical reversals.
Amcor’s ongoing focus on innovation and sustainability continues to be well-aligned with Australian regulatory expectations and customer demand. Post-merger, Amcor is investing in next-generation materials, responsible packaging solutions, and advanced R&D programmes—areas highly relevant to Australian government initiatives and consumer preferences for sustainability and recycling. This commitment not only strengthens Amcor’s competitive edge domestically but also enhances its reputation with local stakeholders, regulatory bodies, and strategic partners across Australia.
FAQ
What is the latest dividend for Amcor stock?
Amcor currently pays a dividend, with the latest quarterly payment set at 12.75 US cents per share. This dividend was increased from the previous year's payout, demonstrating a steady upward trend. With an annualized dividend rate of $0.51 per share and a yield around 5.47%, Amcor’s dividend policy has remained shareholder-friendly, making it particularly appealing for income-focused investors in 2025.
What is the forecast for Amcor stock in 2025, 2026, and 2027?
Based on the current price of $9.32, the projected share values are $12.12 at the end of 2025, $13.98 at the end of 2026, and $18.64 at the end of 2027. These projections reflect the company’s robust prospects following the recent transformational merger with Berry Global, anticipated to deliver significant synergies and support sustained growth momentum in the packaging sector.
Should I sell my Amcor shares?
Holding Amcor shares may be worth considering, given its resilient business model, attractive valuation, and strong historical dividends. The company’s recent merger with Berry Global positions it for substantial long-term opportunities and expanded capabilities, while maintaining a shareholder-focused distribution policy. Amcor’s stable presence and continued innovation indicate that patient investors could benefit from the company’s strategic direction and sector strength.
How are dividends from Amcor shares taxed for Australian investors?
Dividends from Amcor shares are generally subject to Australian income tax, but as Amcor is listed on the ASX, many investors may receive franking credits that reduce the effective tax rate. However, as Amcor is headquartered overseas and pays dividends in USD, those dividends are usually unfranked and may be subject to foreign withholding tax before being taxed again locally. It’s important for Australian investors to include foreign dividends in their taxable income and claim any available foreign tax offsets.
What is the latest dividend for Amcor stock?
Amcor currently pays a dividend, with the latest quarterly payment set at 12.75 US cents per share. This dividend was increased from the previous year's payout, demonstrating a steady upward trend. With an annualized dividend rate of $0.51 per share and a yield around 5.47%, Amcor’s dividend policy has remained shareholder-friendly, making it particularly appealing for income-focused investors in 2025.
What is the forecast for Amcor stock in 2025, 2026, and 2027?
Based on the current price of $9.32, the projected share values are $12.12 at the end of 2025, $13.98 at the end of 2026, and $18.64 at the end of 2027. These projections reflect the company’s robust prospects following the recent transformational merger with Berry Global, anticipated to deliver significant synergies and support sustained growth momentum in the packaging sector.
Should I sell my Amcor shares?
Holding Amcor shares may be worth considering, given its resilient business model, attractive valuation, and strong historical dividends. The company’s recent merger with Berry Global positions it for substantial long-term opportunities and expanded capabilities, while maintaining a shareholder-focused distribution policy. Amcor’s stable presence and continued innovation indicate that patient investors could benefit from the company’s strategic direction and sector strength.
How are dividends from Amcor shares taxed for Australian investors?
Dividends from Amcor shares are generally subject to Australian income tax, but as Amcor is listed on the ASX, many investors may receive franking credits that reduce the effective tax rate. However, as Amcor is headquartered overseas and pays dividends in USD, those dividends are usually unfranked and may be subject to foreign withholding tax before being taxed again locally. It’s important for Australian investors to include foreign dividends in their taxable income and claim any available foreign tax offsets.
