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HRL Stock Forecast: Hormel Foods Corporation Price Predictions for 2026

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$21.25

-0.08 (-0.38%)

HRL Stock Forecast 2026-2027

$21.25
Current Price
$11.69B
Market Cap
10 Ratings
Buy 3
Hold 7
Sell 0
Wall St Analyst Ratings

Distance to HRL Price Targets

+41.2%
To High Target of $30.00
+27.1%
To Median Target of $27.00
+8.2%
To Low Target of $23.00

HRL Price Momentum

+2.9%
1 Week Change
-4.0%
1 Month Change
-30.8%
1 Year Change
-10.3%
Year-to-Date Change
-33.3%
From 52W High of $31.86
+4.6%
From 52W Low of $20.32
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Latest HRL Stock Price Targets & Analyst Predictions

Based on our analysis of 15 Wall Street analysts, HRL has a neutral consensus with a median price target of $27.00 (ranging from $23.00 to $30.00). The overall analyst rating is Buy (6.8/10). Currently trading at $21.25, the median forecast implies a 27.1% upside. This outlook is supported by 3 Buy, 7 Hold, and 0 Sell ratings.

The most optimistic forecast comes from Benjamin Theurer at Barclays, projecting a 41.2% upside. Conversely, the most conservative target is provided by Thomas Palmer at JP Morgan, suggesting a 8.2% 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.

HRL Analyst Ratings

3
Buy
7
Hold
0
Sell

HRL Price Target Range

Low
$23.00
Average
$27.00
High
$30.00
Current: $21.25

Latest HRL Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for HRL.

Date Firm Analyst Rating Change Price Target
Apr 9, 2026 JP Morgan Thomas Palmer Neutral Downgrade $23.00
Feb 27, 2026 Stephens & Co. Pooran Sharma Equal-Weight Maintains $27.00
Feb 11, 2026 Stephens & Co. Pooran Sharma Equal-Weight Maintains $25.00
Dec 9, 2025 Barclays Benjamin Theurer Overweight Maintains $30.00
Dec 5, 2025 B of A Securities Peter Galbo Neutral Maintains $26.00
Dec 5, 2025 Piper Sandler Michael Lavery Neutral Maintains $26.00
Dec 5, 2025 JP Morgan Thomas Palmer Overweight Maintains $28.00
Nov 21, 2025 JP Morgan Thomas Palmer Overweight Maintains $27.00
Nov 6, 2025 Piper Sandler Michael Lavery Neutral Maintains $25.00
Oct 30, 2025 Goldman Sachs Adam Samuelson Buy Maintains $27.00
Aug 29, 2025 Barclays Benjamin Theurer Overweight Maintains $34.00
Aug 29, 2025 Goldman Sachs Adam Samuelson Buy Maintains $31.00
Aug 29, 2025 B of A Securities Peter Galbo Neutral Maintains $28.00
Aug 29, 2025 JP Morgan Thomas Palmer Overweight Maintains $30.00
Aug 20, 2025 JP Morgan Thomas Palmer Overweight Upgrade $34.00
May 22, 2025 Stephens & Co. Pooran Sharma Equal-Weight Reiterates $31.00
Apr 15, 2025 B of A Securities Neutral Upgrade $35.00
Feb 18, 2025 Stephens & Co. Pooran Sharma Equal-Weight Reiterates $31.00
Jan 22, 2025 Barclays Benjamin Theurer Overweight Upgrade $36.00
Jan 21, 2025 Barclays Benjamin Theurer Equal-Weight Maintains $36.00

Hormel Foods Corporation (HRL) Competitors

The following stocks are similar to Hormel based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Hormel Foods Corporation (HRL) Financial Data

Hormel Foods Corporation has a market capitalization of $11.69B with a P/E ratio of 23.9x. The company generates $12.14B in trailing twelve-month revenue with a 4.0% profit margin.

Revenue growth is -2.9% quarter-over-quarter, while maintaining an operating margin of +11.1% and return on equity of +6.1%.

Valuation Metrics

Market Cap $11.69B
Enterprise Value $11.37B
P/E Ratio 23.9x
PEG Ratio 3.7x
Price/Sales 1.0x

Growth & Margins

Revenue Growth (YoY) -2.9%
Gross Margin +15.5%
Operating Margin +11.1%
Net Margin +4.0%
EPS Growth -5.1%

Financial Health

Cash/Price Ratio +4.9%
Current Ratio 2.7x
Debt/Equity 4.2x
ROE +6.1%
ROA +4.4%
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Hormel Foods Corporation logo

Hormel Foods Corporation (HRL) Business Model

About Hormel Foods Corporation

What They Do

Global branded food company specializing in protein products.

Business Model

The company operates through three segments: Retail, Foodservice, and International. It generates revenue by selling a diverse range of protein-centric products, including fresh meats and shelf-stable goods, to grocery channels, restaurants, and international markets. Major brands like Spam and Jennie-O turkey help maintain strong market positions.

Additional Information

Founded in 1891 and headquartered in Austin, Minnesota, the company serves a wide array of customers across the U.S. and over 80 countries, emphasizing its role in the consumer staples sector as a diversified packaged foods producer.

Company Information

Sector

Consumer Defensive

Industry

Packaged Foods

Employees

20,000

CEO

Mr. Jeffrey M. Ettinger

Country

United States

IPO Year

1990

Hormel Foods Corporation (HRL) Latest News & Analysis

Featured Analysis
Powered by Zacks Investment Research

Tyson Foods vs. Hormel Foods: Which Meat Stock Has Better Upside Now?

TSN and HRL navigate a dynamic meat market, leveraging scale, branding and portfolio strategies to drive growth.

Apr 14, 2026 By Swati Prasad Analyst Blog

Latest News

HRL stock latest news image
Quick Summary

Steady consumer brands like Post Holdings, Hormel Foods, and Clorox show resilience in uncertain markets. Investors should prioritize demand stability over cheap valuations in their selections.

Why It Matters

Steady demand for consumer brands signals resilience in uncertain markets, making them safer long-term investments compared to riskier, undervalued options.

Source: The Motley Fool
Market Sentiment: Negative
HRL stock latest news image
Quick Summary

Hormel Foods is shifting focus to core brands and expects 6.6% EPS growth, with consensus at 8% for FY 2026. Shares are 19% below fair value, offering a 5.3% yield and potential 33% total return by April 2027.

Why It Matters

Hormel's strategic shift to core brands and anticipated EPS growth signals improved profitability. Discounted shares and high yield suggest a compelling investment opportunity with significant return potential.

Source: Seeking Alpha
Market Sentiment: Neutral
HRL stock latest news image
Quick Summary

TSN and HRL are effectively managing a competitive meat market by utilizing their scale, branding, and diverse portfolio strategies to foster growth.

Why It Matters

TSN and HRL's strategies highlight their competitive edge in a volatile meat market, signaling potential for sustained growth and profitability, which can influence stock performance.

Source: Zacks Investment Research
Market Sentiment: Positive
HRL stock latest news image
Quick Summary

Consumer staples underperformed in 2025 and early 2026, presenting opportunities for long-term income investors. Four stocks maintain strong dividend durability amid earnings pressures.

Why It Matters

Consumer staples' underperformance creates buying opportunities for long-term income investors, highlighting resilient dividend stocks amid temporary earnings challenges.

Source: The Motley Fool
Market Sentiment: Neutral
HRL stock latest news image
Quick Summary

Hormel Foods Corporation is rated a Buy, with a 5.45% dividend yield. FY26 targets net sales of $12.2โ€“$12.5B and adjusted EPS of $1.43โ€“$1.51, while facing competitive and macroeconomic challenges.

Why It Matters

Hormel Foods' strong financials, solid dividend yield, and growth guidance indicate stability. However, competitive and macroeconomic challenges could impact performance, affecting investor sentiment.

Source: Seeking Alpha
Market Sentiment: Positive
HRL stock latest news image
Quick Summary

Interest rate cuts in 2026 may be limited, with some forecasts suggesting no cuts at all, while others anticipate at most one cut.

Why It Matters

Interest rate expectations influence borrowing costs and economic growth. Uncertainty about cuts in 2026 can affect investment strategies and stock valuations.

Source: 24/7 Wall Street
Market Sentiment: Positive

Frequently Asked Questions About HRL Stock

What is Hormel Foods Corporation's (HRL) stock forecast for 2026?

Based on our analysis of 15 Wall Street analysts, Hormel Foods Corporation (HRL) has a median price target of $27.00. The highest price target is $30.00 and the lowest is $23.00.

Is HRL stock a good investment in 2026?

According to current analyst ratings, HRL has 3 Buy ratings, 7 Hold ratings, and 0 Sell ratings. The stock is currently trading at $21.25. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for HRL stock?

Wall Street analysts predict HRL stock could reach $27.00 in the next 12 months. This represents a 27.1% increase from the current price of $21.25. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Hormel Foods Corporation's business model?

The company operates through three segments: Retail, Foodservice, and International. It generates revenue by selling a diverse range of protein-centric products, including fresh meats and shelf-stable goods, to grocery channels, restaurants, and international markets. Major brands like Spam and Jennie-O turkey help maintain strong market positions.

What is the highest forecasted price for HRL Hormel Foods Corporation?

The highest price target for HRL is $30.00 from Benjamin Theurer at Barclays, which represents a 41.2% increase from the current price of $21.25.

What is the lowest forecasted price for HRL Hormel Foods Corporation?

The lowest price target for HRL is $23.00 from Thomas Palmer at JP Morgan, which represents a 8.2% increase from the current price of $21.25.

What is the overall HRL consensus from analysts for Hormel Foods Corporation?

The overall analyst consensus for HRL is neutral. Out of 15 Wall Street analysts, 3 rate it as Buy, 7 as Hold, and 0 as Sell, with a median price target of $27.00.

How accurate are HRL stock price projections?

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.

Important Disclaimer

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.

Last updated: April 22, 2026 9:54 AM UTC
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