International Paper Co. (IP)

NYSE · Materials

Latest Move · 2026-02-24

-0.02%
Stabilizes after Monday's sharp selloff on containerboard pricing weakness

International Paper stock declined 7.8% on Monday, February 24, 2026, as part of a broader decline in packaging stocks. Containerboard prices for February fell by $20 per ton from January, triggered by a rise in discounts and sluggish demand, according to data from index provider RISI. Other packaging companies also declined significantly on the same day, with Smurfit Westrock dropping 6.5% and Packaging Corp. of America falling 7.4%. Bank of America Securities maintained a Buy rating on International Paper with a $53.00 price target. The company reported quarterly revenue of $6.01 billion and a GAAP net loss of $2.38 billion for the quarter ending December 31. International Paper is undergoing a strategic transformation, including a planned split of North American and European operations and an announced acquisition of DS Smith for approximately $9.9 billion.

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Previous Move

-7.82%
Plunges on linerboard price drop concerns amid ongoing transformation uncertainty
2026-02-23

Frequently Asked Questions

Why did International Paper Co. stock move today?

International Paper stock declined 7.8% on Monday, February 24, 2026, as part of a broader decline in packaging stocks. Containerboard prices for February fell by $20 per ton from January, triggered by a rise in discounts and sluggish demand, according to data from index provider RISI. Other packaging companies also declined significantly on the same day, with Smurfit Westrock dropping 6.5% and Packaging Corp. of America falling 7.4%. Bank of America Securities maintained a Buy rating on International Paper with a $53.00 price target. The company reported quarterly revenue of $6.01 billion and a GAAP net loss of $2.38 billion for the quarter ending December 31. International Paper is undergoing a strategic transformation, including a planned split of North American and European operations and an announced acquisition of DS Smith for approximately $9.9 billion.

What does International Paper Co. do?

International Paper is one of the world's largest producers of containerboard and corrugated packaging, with approximately $23.6 billion in annual revenue following its $9.9 billion acquisition of DS Smith. The company is undergoing a major transformation, planning to split into two independent public companies — one focused on North America, the other on EMEA — while simultaneously integrating DS Smith and executing 80/20 cost restructuring. Today's flat trading follows Monday's sharp selloff on falling containerboard prices, highlighting the stock's sensitivity to commodity pricing during this complex transition.

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