Key Highlights

● International Paper closed at $32.10 on 9 October 2026.

● Market data consensus target is $46.36.

● Targets range from $35 to $62.

● JPMorgan raised its target from $61 to $62 on 23 September.

International Paper (NYSE:IP), a member of the S&P 500, closed at $32.10 on Friday 9 October 2026. Analyst targets sit well above that level, with the consensus implying upside of about 44.4%. Recent broker revisions have mostly been upward.

What Is the Latest Analyst Price Target?

The consensus price target for International Paper Company is $46.36 against a close of $32.10 on Friday 9 October 2026. That implies potential upside of 44.4%, calculated as target minus price, divided by price. The median target is $46, the highest is $62 and the lowest is $35, from roughly 12 analysts. Ratings: Buy consensus: market data shows 10 Buy, 3 Hold, 1 Sell among 14 analysts; the second data set (third-party data) shows a Buy consensus from 12 analysts.

What Are Wall Street Analysts Saying?

Recent broker activity has leaned towards lower targets. Market data records Wells Fargo cutting its target from $46 to $42 on 7 October 2026 and UBS Group lowering its target from $47 to $35 on 5 October, while Citigroup trimmed its target from $48 to $47 on 2 October. Other firms were more constructive: JPMorgan raised its target from $61 to $62 on 23 September, and Bank of America upgraded the shares from Neutral to Buy with a $46 target on 11 September. The spread is wide, with a low target of $35 and a high of $62, so the mean conceals considerable disagreement.

What Could Help the Stock Reach the Price Target?

Analysts who remain positive generally point to a recovery in earnings. The second data set shows consensus estimates for non-GAAP earnings per share of $1.30 in 2026 rising to $3.03 in 2027, alongside revenue growth of about 4% this year and 6% next. If the company delivers that improvement, the gap between the share price and the targets could narrow. Cost control, better pricing and stronger demand for packaging would all be relevant, although none of these outcomes is assured.

What Could Prevent the Stock Reaching the Target?

The direction of recent revisions is the clearest warning. Several brokers have reduced targets within the past fortnight, and the shares are trading far below the consensus figure, which can indicate that investors doubt the earnings forecasts. FY2025 net income was reported by the second data set as a loss of $3.52 billion, and the steep rise expected in 2027 earnings leaves little room for disappointment. Cyclical packaging demand, input costs and execution on restructuring could all weigh on results, and a lower-than-expected outlook could prompt further target reductions.

What Should Investors Watch Next?

Investors may wish to follow further target revisions after the cuts from UBS and Wells Fargo, as these show how quickly sentiment is moving. Management commentary on pricing, volumes and cost savings will be central, as will any change to the 2026 and 2027 earnings estimates. The spread between the $35 low target and the $62 high target is also worth monitoring, since a narrowing could signal a firmer consensus view.

How Analysts See International Paper After the Latest Close

International Paper closed at $32.10 on 9 October 2026, against a market data consensus target of $46.36. Other firms were more constructive: JPMorgan raised its target from $61 to $62 on 23 September, and Bank of America upgraded the shares from Neutral to Buy with a $46 target on 11 September.