HRLHRLConsumer Defensive · Packaged Foods

HRL Stock Forecast: Hormel Foods Corp. Price Predictions for 2026-2027

Last close, 9 Sept 2026
$21
−1.13% on the day

The 10 Wall Street analysts covering Hormel Foods Corp. hold a median 12-month price target of $26 — +24.0% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 52 of 100 as at 8 Sept 2026 — in the upper half.

Market cap
$11.9B
Ticker Nerd rank
52 / 100
Median analyst target
$26
Analysts covering
10
Revenue$3.0B−2.4% y/y
Operating income$148.0M
Net income$59.5M
Free cash flow$172.4M
Quarterly, 8 quarters to 31 July 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−4.6%
1M
−16.2%
YTD
−8.1%
1Y
−13.6%
From 52W high
−20.0%
From 52W low
+7.5%
$20
$26
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

HRL stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Hormel Foods Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 8 Sept 2026
52 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Value
80
Accruals
80
Volatility
72
Issuance
71
Revisions
52
Quality
46
Momentum
36
Growth
35
Size
14

Value (80): The shares cost little relative to the profits and assets behind them — which can mean the market is too gloomy, or that the business really is in trouble.

Growth (35): Sales and profits are flat, shrinking, or growing more slowly than they were.

Size (14): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

HRL stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on HRL, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$20$22$24$26$28$30Oct 25Jan 26Apr 26Jul 26HRLHigh $30Median $26Low $23

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says10 analysts
3 Buy7 Hold0 Sell
Low $23Median $26High $30

The green dot is the last close — the median target sits +24.0% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 2 moved their price target up and 1 moved it down.

DateFirmActionRatingTarget
28 Aug 2026BNP ParibasMaintainsNeutral$27$26
14 Aug 2026JP MorganMaintainsNeutral
14 Aug 2026JP MorganMaintainsNeutral$25$26
14 July 2026BNP ParibasMaintainsNeutral$26$27
14 July 2026BNP ParibasMaintainsNeutral
9 July 2026Stephens & Co.ReiteratesEqual-Weight$25
9 July 2026Stephens & Co.ReiteratesEqual-Weight
30 June 2026B of A SecuritiesMaintainsNeutral
29 May 2026B of A SecuritiesMaintainsNeutral
29 May 2026Stephens & Co.MaintainsEqual-Weight
21 May 2026Stephens & Co.MaintainsEqual-Weight
9 Apr 2026JP MorganDowngradeNeutral
27 Feb 2026Stephens & Co.MaintainsEqual-Weight
11 Feb 2026Stephens & Co.MaintainsEqual-Weight
9 Dec 2025BarclaysMaintainsOverweight
5 Dec 2025B of A SecuritiesMaintainsNeutral
5 Dec 2025JP MorganMaintainsOverweight
5 Dec 2025Piper SandlerMaintainsNeutral
21 Nov 2025JP MorganMaintainsOverweight
6 Nov 2025Piper SandlerMaintainsNeutral

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. HRL appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

HRL vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 9 Sept 2026, Hormel Foods Corp. returned −13.6% against +18.5% for the S&P 500, dividends included.

HRL vs S&P 500, last 12 monthsTotal return, rebased to 100
8090100110120Oct 25Jan 26Apr 26Jul 26HRLS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

HRL analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+0.8%
Analysts raising
1
Analysts cutting
6
Fundamentals

Hormel Foods Corp. (HRL) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
34.7×

Cheaper than 22% of US stocks

Price / sales
1.0×

Cheaper than 70% of US stocks

Price / book
1.5×

Cheaper than 56% of US stocks

EV / EBITDA
9.1×

Cheaper than 42% of US stocks

Growth & margins
Revenue growth (YoY)
−2.9%

Higher than 23% of US stocks

Earnings growth (YoY)
−5.1%

Higher than 30% of US stocks

Gross margin
15.9%

Higher than 15% of US stocks

Operating margin
11.1%

Higher than 66% of US stocks

Net margin
2.8%

Higher than 54% of US stocks

Returns & dividend
Return on equity
4.3%

Higher than 52% of US stocks

Return on assets
4.6%

Higher than 74% of US stocks

Dividend yield
5.4%

Higher than 84% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Hormel Foods Corp. (HRL) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Hormel Foods Corp. has a market value of $11.9B and an enterprise value of $11.5B.

  • Revenue in the twelve months to 31 July 2026: $12.1B. The latest quarter shrank 2.9% year on year.

  • Net income over the same four quarters: $342.5M, a 2.8% net margin.

  • Diluted earnings per share, trailing twelve months: $0.63.

  • Free cash flow in the twelve months to 31 July 2026: $780.9M.

  • Hormel Foods Corp. spent $640.9M on dividends in the twelve months to 31 July 2026.

  • Shares outstanding: 550.3M.

  • Trailing P/E: 34.7×; forward P/E: 13.9× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 5.44%, paying out 188% of earnings.

  • Hormel Foods Corp. employs 20,000 people $607K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 31 July 2026 · market figures as at 10 Sept 2026

Data provided by Twelve Data

Peers

HRL vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelPackaged Foods
CompanyMarket capTKN rank
HRLHormel Foods Corp.$11.9B
52
DARDarling Ingredients, Inc.$10.6B
94
SJMThe J. M. Smucker Co.$13.3B
98
MKCMcCormick & Co., Inc.$13.9B
54
SFDSmithfield Foods, Inc.$8.7B
38
CAGConagra Brands, Inc.$7.3B
56
PPCPilgrim's Pride Corp.$7.1B
54

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Hormel Foods Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest HRL news & analysis

Hormel Foods Corporation (HRL) Presents at Barclays 19th Annual Global Consumer Staples Conference Transcript

Seeking Alpha · 9 Sept 2026neutral

Hormel Foods Corporation presented at the Barclays 19th Annual Global Consumer Staples Conference, and a transcript of the presentation is now available via Seeking Alpha. The item reports on the company's participation and remarks at the industry conference.

Why it matters — HRL watchers can gain insight into management's commentary and strategic messaging delivered to investors at a major staples sector conference.

Buy 5 S&P500 IDEAL 'Safer' September Dividend Dogs

Seeking Alpha · 9 Sept 2026neutral

Seeking Alpha highlights five S&P 500 stocks—VICI, PFE, VZ, T, and F—as "safer" September dividend dogs, noting their free cash flow covers dividends and yields exceed share prices. The article also discusses analyst projections for the top ten S&P 500 dividend dogs and the contrarian strategy of buying on price pullbacks.

Why it matters — HRL watchers may find this relevant as a broader dividend-focused market analysis that could inform how dividend-paying stocks like Hormel are evaluated, though Hormel itself is not mentioned.

2 Big Food Dividends Were Just Cut. 3 More Quietly Stopped Growing.

24/7 Wall Street · 5 Sept 2026negative

The article reports that Conagra and Campbell's cut their dividends, while three other legacy food companies quietly stopped growing theirs. It describes warning patterns that signal a payout may be frozen or reduced.

Why it matters — A Hormel watcher would care because as another legacy food company, dividend cuts and freezes among its industry peers highlight potential payout pressures within the sector.

Hormel vs. General Mills: Don't Let the Bigger Dividend Check Fool You

24/7 Wall Street · 2 Sept 2026neutral

A 24/7 Wall Street article compares Hormel Foods and General Mills, noting that both companies issue large dividend checks and carry identical payout ratios. The piece highlights that one of the two grocery giants holds a dividend streak the other cannot match.

Why it matters — HRL watchers would care because the comparison highlights Hormel's dividend reliability and how it stacks up against a peer in the packaged-foods sector.

Hormel Foods Corporation to Participate in the 2026 Barclays Global Consumer Staples Conference

PRNewsWire · 1 Sept 2026neutral

Hormel Foods announced that interim CEO Jeff Ettinger and president and CEO-elect John Ghingo will take part in a fireside chat at the 2026 Barclays Global Consumer Staples Conference on Wednesday, September 2026. The conference participation was announced via PRNewswire from Austin, Minn.

Why it matters — The appearance of both the interim CEO and CEO-elect at a major industry conference signals executive transition visibility to investors, making the company's leadership change more transparent.

FAQ

Frequently asked questions about HRL stock

What is the HRL stock price forecast for 2026-2027?

The 10 Wall Street analysts covering Hormel Foods Corp. have a median 12-month price target of $26, with estimates ranging from $23 to $30. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is HRL stock a buy right now?

Of the 10 analysts covering Hormel Foods Corp., 3 rate it a Buy, 7 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Hormel Foods Corp. 52 out of 100 across roughly 4,600 US stocks as at 8 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank HRL?

As at 8 Sept 2026, Hormel Foods Corp. ranks 52 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Value (80 of 100).

Will HRL stock go up?

No one can know that. What the data says: the median 12-month target from 10 analysts implies +24.0% from the last close, and Ticker Nerd's factor model ranks Hormel Foods Corp. 52 out of 100 as at 8 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the HRL stock forecast for 2030?

No analyst covering Hormel Foods Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for HRL are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $23 to $30 over the next 12 months.

How has HRL stock performed over the past year?

Hormel Foods Corp. returned -13.6% over the 12 months to 9 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Hormel Foods Corp. do?

Hormel Foods Corporation is a global branded food company that develops, processes, and markets a broad portfolio of protein-based and shelf-stable food products. Its offerings include packaged meats, turkey, bacon, sausages, deli items, nut butters, snack nuts, refrigerated meal solutions, and ready-to-eat foods sold through retail, foodservice, and international channels.

What is the latest news on HRL?

The most recent item we track (Seeking Alpha, 9 Sept 2026): "Hormel Foods Corporation (HRL) Presents at Barclays 19th Annual Global Consumer Staples Conference Transcript". Hormel Foods Corporation presented at the Barclays 19th Annual Global Consumer Staples Conference, and a transcript of the presentation is now available via Seeking Alpha. The item reports on the company's participation and remarks at the industry conference.

Company

About Hormel Foods Corp.

Hormel Foods Corporation is a global branded food company that develops, processes, and markets a broad portfolio of protein-based and shelf-stable food products. Its offerings include packaged meats, turkey, bacon, sausages, deli items, nut butters, snack nuts, refrigerated meal solutions, and ready-to-eat foods sold through retail, foodservice, and international channels. The company serves grocery shoppers, restaurants, convenience stores, commercial buyers, and other foodservice customers with brands recognized across meat, snacks, and prepared meals. Hormel Foods Corporation operates through three core business segments: Retail, Foodservice, and International, allowing it to address consumer demand in the United States and abroad. Based in Austin, Minnesota, Hormel Foods Corporation plays a significant role in the packaged food sector through its focus on branded products, distribution breadth, and presence in everyday food categories.

CEO Mr. Jeffrey M. Ettinger · 20,000 employees · United States · https://www.hormelfoods.com