Ranpak Holdings Approves Key Proposals at Annual Meeting

Ranpak Holdings ( (PACK) ) has issued an update.

On May 22, 2025, Ranpak Holdings Corp. held its annual meeting of stockholders, where several key proposals were voted on. The election of Class III Directors saw Omar Asali, Pam El, and Salil Seshadri elected, despite significant withheld votes. The appointment of KPMG LLP as the independent registered public accounting firm for the 2025 fiscal year was ratified. Additionally, the compensation for Named Executive Officers was approved on an advisory basis. A significant development was the approval for the issuance of certain shares of Class A Common Stock to Amazon.com NV Investment Holdings LLC, aligning with NYSE Listing Rule 312.03(c).

The most recent analyst rating on (PACK) stock is a Hold with a $6.25 price target. To see the full list of analyst forecasts on Ranpak Holdings stock, see the PACK Stock Forecast page.

Spark’s Take on PACK Stock

According to Spark, TipRanks’ AI Analyst, PACK is a Neutral.

Ranpak Holdings has a mixed outlook with strong revenue growth in North America and promising automation prospects. However, profitability challenges, weak technical indicators, and valuation concerns weigh heavily. The company’s stable liquidity position and strategic focus provide some optimism, but improvements in margins and profitability are crucial for a more favorable outlook.

To see Spark’s full report on PACK stock, click here.

More about Ranpak Holdings

Average Trading Volume: 558,090

Technical Sentiment Signal: Sell

Current Market Cap: $288.1M

See more insights into PACK stock on TipRanks’ Stock Analysis page.