The J. M. Smucker Company (SJM)

The J. M. Smucker Company Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for SJM stock have an average target of 126.42, with a low estimate of 119 and a high estimate of 136. The average target predicts an increase of 8.62% from the current stock price of 116.39.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$119	$126.42	$126	$136
Change	+2.24%	+8.62%	+8.26%	+16.85%

Analyst Ratings

The average analyst rating for SJM stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	3	4	4	4	4	3
Buy	1	1	1	1	1	1
Hold	9	8	8	8	8	8
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	13	13	13	13	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matthew Smith Stifel	Stifel	Strong Buy → Hold Downgrades $135 → $125	Strong Buy → Hold	Downgrades	$135 → $125	+7.40%	Oct 25, 2024
Andrew Lazar Barclays	Barclays	Hold Maintains $123 → $121	Hold	Maintains	$123 → $121	+3.96%	Aug 30, 2024
Robert Moskow TD Cowen	TD Cowen	Strong Buy Maintains $135 → $132	Strong Buy	Maintains	$135 → $132	+13.41%	Aug 29, 2024
Thomas Palmer Citigroup	Citigroup	Strong Buy Maintains $138 → $136	Strong Buy	Maintains	$138 → $136	+16.85%	Aug 29, 2024
Brian Holland DA Davidson	DA Davidson	Hold Maintains $121	Hold	Maintains	$121	+3.96%	Aug 29, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

8.98B

Increased by 9.83%

from 8.18B

Revenue Next Year

9.15B

Increased by 1.90%

from 8.98B

EPS This Year

9.89

Increased by 38.57%

from 7.14

EPS Next Year

10.64

Increased by 7.54%

from 9.89

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Apr 30, 2020	Apr 30, 2021	Apr 30, 2022	Apr 30, 2023	Apr 30, 2024	Apr 30, 2025	Apr 30, 2026	Apr 30, 2027
Revenue	7.80B	8.00B	8.00B	8.53B	8.18B	8.98B	9.15B	9.31B
Revenue Growth	-0.47%	2.59%	-0.05%	6.63%	-4.11%	9.83%	1.90%	1.74%
EPS	6.84	7.79	5.84	-0.86	7.14	9.89	10.64	11.37
EPS Growth	51.22%	13.97%	-25.06%	-	-	38.57%	7.54%	6.91%
Forward PE	-	-	-	-	-	11.76	10.94	10.23
No. Analysts	-	-	-	-	-	19	19	12

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	9.4B	9.6B	9.8B
Avg	9.0B	9.2B	9.3B
Low	8.7B	8.7B	8.8B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	14.7%	7.1%	7.1%
Avg	9.8%	1.9%	1.7%
Low	6.1%	-3.1%	-3.7%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	10.50	11.57	12.47
Avg	9.89	10.64	11.37
Low	9.41	9.65	10.34

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	47.1%	17.0%	17.2%
Avg	38.6%	7.5%	6.9%
Low	31.8%	-2.4%	-2.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.