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Home โบ Stocks โบ Hormel Foods Corporation (HRL) Stock Forecast & Price Prediction United States | NYSE | Consumer Defensive | Packaged Foods
$24.81
+0.35 (1.43%)Did HRL Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Hormel Foods is one of their latest high-conviction picks.
Based on our analysis of 3 Wall Street analysts, HRL has a neutral consensus with a median price target of $26.50 (ranging from $25.00 to $30.00). The overall analyst rating is Buy (6.8/10). Currently trading at $24.81, the median forecast implies a 6.8% upside. This outlook is supported by 3 Buy, 7 Hold, and 0 Sell ratings.
Conversely, the most conservative target is provided by Pooran Sharma at Stephens & Co., suggesting a 0.8% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for HRL.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jul 9, 2026 | Stephens & Co. | Pooran Sharma | Equal-Weight | Reiterates | $25.00 |
| Jun 30, 2026 | B of A Securities | Neutral | Maintains | $N/A | |
| May 29, 2026 | B of A Securities | Neutral | Maintains | $N/A | |
| May 29, 2026 | Stephens & Co. | Equal-Weight | Maintains | $N/A | |
| May 21, 2026 | Stephens & Co. | Equal-Weight | Maintains | $N/A | |
| Apr 9, 2026 | JP Morgan | Neutral | Downgrade | $N/A | |
| Feb 27, 2026 | Stephens & Co. | Equal-Weight | Maintains | $N/A | |
| Feb 11, 2026 | Stephens & Co. | Equal-Weight | Maintains | $N/A | |
| Dec 9, 2025 | Barclays | Overweight | Maintains | $N/A | |
| Dec 5, 2025 | Piper Sandler | Neutral | Maintains | $N/A | |
| Dec 5, 2025 | JP Morgan | Overweight | Maintains | $N/A | |
| Dec 5, 2025 | B of A Securities | Neutral | Maintains | $N/A | |
| Nov 21, 2025 | JP Morgan | Overweight | Maintains | $N/A | |
| Nov 6, 2025 | Piper Sandler | Neutral | Maintains | $N/A | |
| Oct 30, 2025 | Goldman Sachs | Buy | Maintains | $N/A | |
| Aug 29, 2025 | JP Morgan | Overweight | Maintains | $N/A | |
| Aug 29, 2025 | Goldman Sachs | Buy | Maintains | $N/A | |
| Aug 29, 2025 | Barclays | Overweight | Maintains | $N/A | |
| Aug 29, 2025 | B of A Securities | Neutral | Maintains | $N/A | |
| Aug 20, 2025 | JP Morgan | Overweight | Upgrade | $N/A |
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Hormel Foods Corporation has a market capitalization of $13.65B with a P/E ratio of 29.1x. The company generates $12.22B in trailing twelve-month revenue with a 3.8% profit margin.
Revenue growth is -2.9% quarter-over-quarter, while maintaining an operating margin of +11.1% and return on equity of +5.8%.
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Global branded food company offering diverse products.
Hormel Foods Corporation generates revenue by developing, processing, and distributing a wide range of food products across various segments including Retail, Foodservice, and International. Its diverse portfolio encompasses meat, poultry, plant-based proteins, nuts, and shelf-stable items, catering to both consumers and commercial customers.
Founded in 1891 and headquartered in Austin, Minnesota, Hormel is known for its strong brand presence with leading products such as Spam, Jennie-O, and Planters. The company plays a pivotal role in the consumer staples and packaged foods industry by focusing on ready-to-eat and value-added products that meet convenience-oriented consumer demand.
Consumer Defensive
Packaged Foods
20,000
Mr. Jeffrey M. Ettinger
United States
1990
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Beyond Meat expands Beyond Steak Filet to Meijer as it uses innovation, distribution gains and cost actions to support its retail turnaround.
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Passive income allows revenue generation without ongoing effort, appealing to investors seeking diversified income streams and financial independence.
The rise of passive income strategies signals potential growth in investment opportunities, attracting investors seeking diversification and long-term financial stability.
Hormel Foods has raised its dividend for 60 years, boasting strong financials with a 0.4 debt/equity ratio and a 10 interest coverage ratio. The current P/E ratio is 17.4.
Hormel Foods' 60-year dividend increase streak and strong financial metrics indicate stability and growth potential, making it an attractive option for dividend-focused investors.
Hormel Foods Corporation has agreed to sell its Brazilian operations under the CERATTIยฎ brand to Zanchetta Alimentos LTDA, a local food company.
Hormel's sale of its Brazilian operations may streamline focus on core markets, potentially improving profitability and freeing up capital for strategic investments, impacting stock performance.
HRL is streamlining its international operations and concentrating on markets with better long-term growth potential, indicating a strategic shift in its portfolio management.
HRL's strategy to streamline operations and target high-growth markets signals potential for improved profitability and market share, impacting future earnings and stock performance.
The S&P 500 has risen approximately 10% in 2023, with 80% of this increase driven by technology stocks, particularly those linked to artificial intelligence.
The concentration of S&P 500 gains in tech, particularly AI-related stocks, signals potential volatility and sector risk, influencing diversification strategies and future market performance.
Based on our analysis of 3 Wall Street analysts, Hormel Foods Corporation (HRL) has a median price target of $26.50. The highest price target is $30.00 and the lowest is $25.00.
According to current analyst ratings, HRL has 3 Buy ratings, 7 Hold ratings, and 0 Sell ratings. The stock is currently trading at $24.81. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict HRL stock could reach $26.50 in the next 12 months. This represents a 6.8% increase from the current price of $24.81. Please note that this is a projection by Wall Street analysts and not a guarantee.
Hormel Foods Corporation generates revenue by developing, processing, and distributing a wide range of food products across various segments including Retail, Foodservice, and International. Its diverse portfolio encompasses meat, poultry, plant-based proteins, nuts, and shelf-stable items, catering to both consumers and commercial customers.
The highest price target for HRL is $30.00 from at , which represents a 20.9% increase from the current price of $24.81.
The lowest price target for HRL is $25.00 from Pooran Sharma at Stephens & Co., which represents a 0.8% increase from the current price of $24.81.
The overall analyst consensus for HRL is neutral. Out of 3 Wall Street analysts, 3 rate it as Buy, 7 as Hold, and 0 as Sell, with a median price target of $26.50.
Stock price projections, including those for Hormel Foods Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.