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Rayonier Advanced Materials Withdraws From Altamaha Energy Project

Story Highlights
  • Rayonier Advanced Materials opted not to proceed with the Altamaha Green Energy project.
  • The company will continue evaluating projects under a disciplined capital allocation framework.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Rayonier Advanced Materials Withdraws From Altamaha Energy Project

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Rayonier Advanced Materials ( (RYAM) ) has provided an update.

On January 26, 2026, Rayonier Advanced Materials Inc. announced that, following a comprehensive review, it has decided not to move forward with its participation in the Altamaha Green Energy project, signaling a strategic pullback from this specific initiative. The company stated it will continue to assess its project portfolio under a disciplined capital allocation framework, indicating an ongoing focus on prioritizing investments that align more tightly with its strategic and financial objectives, with potential implications for how it deploys capital across future growth and sustainability-related opportunities.

The most recent analyst rating on (RYAM) stock is a Hold with a $8.50 price target. To see the full list of analyst forecasts on Rayonier Advanced Materials stock, see the RYAM Stock Forecast page.

Spark’s Take on RYAM Stock

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

The score is held back primarily by weak financial performance (losses, low margins, and negative ROE) and a negative P/E tied to unprofitability. Technicals provide meaningful support with strong trend and positive momentum, while the earnings call adds a modest offset via cost actions and longer-term EBITDA targets despite lowered near-term guidance and negative free cash flow.

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

More about Rayonier Advanced Materials

Rayonier Advanced Materials Inc. operates in the specialty materials and chemicals industry, producing high-purity cellulose-based products and related advanced materials used in sectors such as textiles, pharmaceuticals, industrial applications, and sustainable packaging.

Average Trading Volume: 696,013

Technical Sentiment Signal: Strong Buy

Current Market Cap: $572.2M

For a thorough assessment of RYAM stock, go to TipRanks’ Stock Analysis page.

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