JPMorgan upgraded Smurfit Westrock to Overweight, citing strong Q2 results and growth potential ahead of Q3 earnings.

JPMorgan raised its price target for Smurfit Westrock to $61 from $60, keeping an Overweight rating ahead of the company’s third-quarter 2025 earnings report. The move follows a 147.56% year-over-year revenue surge in the second quarter, fueled by strong performance in packaging segments, improved efficiency, and cost reductions. The firm highlighted resilient demand in North American corrugated packaging, sustainability initiatives, and digital transformation as supportive factors. While no Q3 guidance was provided, the upgrade signals confidence in Smurfit Westrock’s growth prospects amid competition.