Quad/Graphics (QUAD) Stock Forecast & Price Target

Quad/Graphics Inc. has demonstrated a positive growth trajectory, particularly in its packaging and in-store businesses, which experienced increases of 9% and 11%, respectively. The company's year-to-date direct mail revenue rose over 6%, with targeted print offerings contributing 47% of total revenues, marking an increase from 45% in the prior year. Furthermore, the company has reported a rise in adjusted EPS to $0.31 in Q3/25 from $0.26 in the same quarter a year prior, alongside a favorable long-term outlook anticipating positive revenue growth by 2028.

Quad/Graphics Inc reported a significant revenue decline of 12.9% year-over-year on a reported basis, with a slightly better organic decline of 7% when excluding the impact of the divested European operations. The company anticipates a continued revenue decrease at an organic rate of -3% to -5% for the foreseeable future, reflecting ongoing challenges in its primary market, especially as large-scale print revenue decreased to 23% of total sales. Additionally, adjusted EBITDA guidance for 2025 has been narrowed to $190-200 million, indicating a decline of 11% to 15% compared to the previous year, which further underscores the negative outlook on the company's financial performance.