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Home โบ Stocks โบ Hormel Foods Corporation (HRL) Stock Forecast & Price Prediction United States | NYSE | Consumer Defensive | Packaged Foods
$21.25
-0.08 (-0.38%)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 is one of their latest high-conviction picks.
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.
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 |
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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%.
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Global branded food company specializing in protein products.
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.
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.
Consumer Defensive
Packaged Foods
20,000
Mr. Jeffrey M. Ettinger
United States
1990
TSN and HRL navigate a dynamic meat market, leveraging scale, branding and portfolio strategies to drive growth.
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.
Steady demand for consumer brands signals resilience in uncertain markets, making them safer long-term investments compared to riskier, undervalued options.
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.
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.
TSN and HRL are effectively managing a competitive meat market by utilizing their scale, branding, and diverse portfolio strategies to foster growth.
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.
Consumer staples underperformed in 2025 and early 2026, presenting opportunities for long-term income investors. Four stocks maintain strong dividend durability amid earnings pressures.
Consumer staples' underperformance creates buying opportunities for long-term income investors, highlighting resilient dividend stocks amid temporary earnings challenges.
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.
Hormel Foods' strong financials, solid dividend yield, and growth guidance indicate stability. However, competitive and macroeconomic challenges could impact performance, affecting investor sentiment.
Interest rate cuts in 2026 may be limited, with some forecasts suggesting no cuts at all, while others anticipate at most one cut.
Interest rate expectations influence borrowing costs and economic growth. Uncertainty about cuts in 2026 can affect investment strategies and stock valuations.
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.
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.
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.
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.
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.
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.
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.
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.