General Mills, Inc. (GIS)
NYSE: GIS · Real-Time Price · USD
68.09
-0.15 (-0.22%)
Nov 4, 2024, 1:05 PM EST - Market open

General Mills Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for General Mills stock have an average target of 72.93, with a low estimate of 61 and a high estimate of 84. The average target predicts an increase of 7.11% from the current stock price of 68.09.

Analyst Consensus: Hold
Target Low Average Median High
Price $61 $72.93 $75 $84
Change -10.41% +7.11% +10.15% +23.37%

Analyst Ratings

The average analyst rating for General Mills stock from 15 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 221111
Buy 111111
Hold 131314141212
Sell 111111
Strong Sell 111110
Total 181818181615

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Hold
Maintains
$63$67
Hold Maintains $63$67 -1.60% Oct 14, 2024
TD Cowen
TD Cowen
Hold
Maintains
$72$75
Hold Maintains $72$75 +10.15% Sep 20, 2024
Barclays
Barclays
Hold
Maintains
$67$74
Hold Maintains $67$74 +8.68% Sep 20, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$74$84
Buy Maintains $74$84 +23.37% Sep 19, 2024
Citigroup
Citigroup
Hold
Maintains
$76$75
Hold Maintains $76$75 +10.15% Sep 19, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
20.15B
from 19.86B
Increased by 1.48%
Revenue Next Year
20.18B
from 20.15B
Increased by 0.14%
EPS This Year
4.56
from 4.31
Increased by 5.81%
EPS Next Year
4.75
from 4.56
Increased by 4.11%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending May 31, 2020 May 30, 2021 May 29, 2022 May 28, 2023 May 26, 2024 May 26, 2025 May 26, 2026 May 26, 2027
Revenue
17.63B18.13B18.99B20.09B19.86B20.15B20.18B20.25B
Revenue Growth
4.51%2.84%4.78%5.80%-1.18%1.48%0.14%0.35%
EPS
3.563.784.424.314.314.564.755.03
EPS Growth
22.76%6.18%16.93%-2.49%-5.81%4.11%6.03%
Forward PE
-----14.9314.3413.53
No. Analysts -----222213
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2025202620272028
High 21.1B 22.0B 21.9B
Avg 20.2B 20.2B 20.3B
Low 18.8B 18.5B 18.7B

Revenue Growth

Revenue Growth 2025202620272028
High
6.3%
9.2%
8.5%
Avg
1.5%
0.1%
0.4%
Low
-5.2%
-8.3%
-7.3%

EPS Forecast

EPS 2025202620272028
High 4.78 5.08 5.41
Avg 4.56 4.75 5.03
Low 4.38 4.41 4.70

EPS Growth

EPS Growth 2025202620272028
High
10.8%
11.4%
13.9%
Avg
5.8%
4.1%
6.0%
Low
1.6%
-3.3%
-1.0%
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.