Crown Holdings' Underperformance Will Give Way To Upside

Crown Holdings (CCK) remains a buy, trading at a discount to peers despite recent underperformance and mixed profitability metrics. CCK's Q1 revenue rose 12.9% to $3.26B, driven by higher material cost pass-throughs and solid volume growth across multiple regions. Management guides for 2026 adjusted EPS of $7.90–$8.30 and EBITDA of $2.11B, with modest cash flow contraction expected.