TICKERNERD
Menu
HRLHRLConsumer Defensive · Packaged Foods

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

Last close, 2 Oct 2026
$20
+1.45% on the day

The 10 Wall Street analysts covering Hormel Foods Corp. hold a median 12-month price target of $26 — +28.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 56 of 100 as at 2 Oct 2026 — in the upper half.

Market cap
$11.0B
Ticker Nerd rank
56 / 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
+2.7%
1M
−8.2%
YTD
−11.2%
1Y
−13.6%
From 52W high
−22.7%
From 52W low
+3.8%
$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 2 Oct 2026
56 / 100

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

Volatility
91
Accruals
79
Value
77
Issuance
70
Revisions
51
Quality
45
Momentum
42
Growth
35
Size
14

Volatility (91): The share price has been relatively steady.

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
$18$20$22$24$26$28$30Jan 26Apr 26Jul 26Oct 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 +28.4% 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 2 Oct 2026, Hormel Foods Corp. returned −13.6% against +16.2% for the S&P 500, dividends included.

HRL vs S&P 500, last 12 monthsTotal return, rebased to 100
8090100110120Jan 26Apr 26Jul 26Oct 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
−0.1%
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
32.2×

Cheaper than 23% of US stocks

Price / sales
0.9×

Cheaper than 71% of US stocks

Price / book
1.4×

Cheaper than 57% of US stocks

EV / EBITDA
10.3×

Cheaper than 36% of US stocks

Growth & margins
Revenue growth (YoY)
−2.4%

Higher than 23% of US stocks

Earnings growth (YoY)
−67.6%

Higher than 7% of US stocks

Gross margin
15.9%

Higher than 15% of US stocks

Operating margin
8.6%

Higher than 62% of US stocks

Net margin
2.8%

Higher than 55% 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
5.9%

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 $11.0B and an enterprise value of $13.0B.

  • Revenue in the twelve months to 31 July 2026: $12.1B. The latest quarter shrank 2.4% 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: 32.2×; forward P/E: 12.7× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 5.87%, 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 2 Oct 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.$11.0B
56
MKCMcCormick & Co., Inc.$12.0B
52
DARDarling Ingredients, Inc.$10.0B
96
SJMThe J. M. Smucker Co.$12.5B
98
SFDSmithfield Foods, Inc.$7.4B
35
GISGeneral Mills, Inc.$17.1B
62
PPCPilgrim's Pride Corp.$6.5B
55

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

5 High-Yield Stocks Sacrificing Future Growth to Protect the Dividend

24/7 Wall Street · 2 Oct 2026negative

The article examines five well-known income stocks, including Hormel Foods, that are preserving their dividend payouts by cutting capital expenditures, a strategy the author warns can undermine the assets that fund future dividend growth. It frames these actions as a potential trap for yield-focused investors.

Why it matters — HRL watchers would care because the piece raises concerns that Hormel's dividend policy may be sustained at the expense of future growth and capital investment.

Can Hormel Foods' Brakebush Deal Accelerate Foodservice Growth?

Zacks Investment Research · 1 Oct 2026positive

Hormel Foods' acquisition of Brakebush is intended to expand its value-added chicken offerings, strengthen its Foodservice segment, and support growth, synergies, and cash flows.

Why it matters — A Hormel watcher would care because the Brakebush deal could bolster the company's Foodservice growth and expand its value-added chicken portfolio.

This Dividend King's Payout Ratio Just Crossed a Line It Has Never Crossed Before

24/7 Wall Street · 1 Oct 2026neutral

The article notes that Hormel Foods has raised its dividend for 60 consecutive years, and reports that its payout ratio has now crossed a threshold it has never reached before. The piece discusses this milestone in the context of Hormel's long dividend-growth record.

Why it matters — HRL watchers would care because the payout ratio crossing a new, previously unreached level may signal changes in how the company funds its long-standing dividend program.

Hormel Foods Bets $1.06B on Brakebush to Expand Value-Added Chicken Business

MarketBeat · 30 Sept 2026positive

Hormel Foods has agreed to acquire value-added chicken company Brakebush Brothers, LLC for approximately $1.055 billion in cash. The company said the deal will expand its foodservice presence and increase its exposure to the chicken category.

Why it matters — This acquisition signals a strategic expansion of Hormel's foodservice business and greater exposure to the chicken category, which could broaden its revenue base.

Hormel Foods Corporation (HRL) M&A Call Transcript

Seeking Alpha · 30 Sept 2026neutral

Seeking Alpha published a transcript of a Hormel Foods Corporation (HRL) conference call focused on mergers and acquisitions. The content consists of the company's discussion with analysts on the topic.

Why it matters — Investors tracking HRL can review management's commentary on its M&A strategy directly from the call transcript.

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. 56 out of 100 across roughly 4,600 US stocks as at 2 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank HRL?

As at 2 Oct 2026, Hormel Foods Corp. ranks 56 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 Volatility (91 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 +28.4% from the last close, and Ticker Nerd's factor model ranks Hormel Foods Corp. 56 out of 100 as at 2 Oct 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 2 Oct 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 (24/7 Wall Street, 2 Oct 2026): "5 High-Yield Stocks Sacrificing Future Growth to Protect the Dividend". The article examines five well-known income stocks, including Hormel Foods, that are preserving their dividend payouts by cutting capital expenditures, a strategy the author warns can undermine the assets that fund future dividend growth. It frames these actions as a potential trap for yield-focused investors.

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