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Sohini Mondal

Is Wall Street Bullish or Bearish on International Paper Company Stock?

International Paper Company International Paper IP

With a market cap of $20.4 billion, Memphis, Tennessee-based International Paper Company (IP) is a global leader in renewable fiber-based products. Operating in the packaging and pulp sectors, it serves diverse industries with products like corrugated packaging and cellulose fibers used in personal care and hygiene products.

Shares of the global paper and packaging company have significantly outperformed the broader market over the past 52 weeks. IP has jumped 71.3% over this time frame, while the broader S&P 500 Index ($SPX) has gained 35.8%. In 2024, IP stock rallied 62.7%, compared to SPX's 24.3% YTD gain.

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