General Mills, Inc. (GIS)

General Mills Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for General Mills stock have an average target of 70, with a low estimate of 61 and a high estimate of 90. The average target predicts an increase of 8.73% from the current stock price of 64.38.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$61	$70	$70	$90
Change	-5.25%	+8.73%	+8.73%	+39.79%

Analyst Ratings

The average analyst rating for General Mills stock from 18 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	3	3	2	2	2	2
Buy	1	1	1	1	1	1
Hold	13	12	12	13	13	13
Sell	1	1	1	1	1	1
Strong Sell	1	1	1	1	1	1
Total	19	18	17	18	18	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John Baumgartner Mizuho	Mizuho	Hold Maintains $70 → $62	Hold	Maintains	$70 → $62	-3.70%	Jul 3, 2024
Andrew Lazar Barclays	Barclays	Hold Maintains $72 → $67	Hold	Maintains	$72 → $67	+4.07%	Jun 28, 2024
David Palmer Evercore ISI Group	Evercore ISI Group	Hold Maintains $76 → $72	Hold	Maintains	$76 → $72	+11.84%	Jun 28, 2024
Bryan Spillane B of A Securities	B of A Securities	Hold Maintains $70 → $68	Hold	Maintains	$70 → $68	+5.62%	Jun 27, 2024
Thomas Palmer Citigroup	Citigroup	Hold Maintains $71 → $68	Hold	Maintains	$71 → $68	+5.62%	Jun 27, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

20.51B

Increased by 3.27%

from 19.86B

Revenue Next Year

20.92B

Increased by 2.04%

from 20.51B

EPS This Year

4.72

Increased by 9.56%

from 4.31

EPS Next Year

5.06

Increased by 7.21%

from 4.72

Year	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	17.63B	18.13B	18.99B	20.09B	19.86B	20.51B	20.92B	21.32B	21.81B
Revenue Growth	4.51%	2.84%	4.78%	5.80%	-1.18%	3.27%	2.04%	1.88%	2.28%
EPS	3.56	3.78	4.42	4.31	4.31	4.72	5.06	5.31	5.65
EPS Growth	22.76%	6.18%	16.93%	-2.49%	-	9.56%	7.21%	4.95%	6.29%
Forward PE	-	-	-	-	-	13.63	12.72	12.12	11.40
No. Analysts	-	-	-	-	-	22	14	4	3

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

Revenue Forecast

Revenue	2025	2026	2027	2028
High	21.6B	22.2B	22.7B	23.2B
Avg	20.5B	20.9B	21.3B	21.8B
Low	19.6B	19.8B	20.4B	20.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	9.0%	8.1%	8.3%	8.7%
Avg	3.3%	2.0%	1.9%	2.3%
Low	-1.2%	-3.5%	-2.4%	-3.0%

EPS Forecast

EPS	2025	2026	2027	2028
High	4.99	6.03	5.88	6.35
Avg	4.72	5.06	5.31	5.65
Low	4.44	4.72	4.89	5.03

EPS Growth

EPS Growth	2025	2026	2027	2028
High	15.7%	27.6%	16.1%	19.6%
Avg	9.6%	7.2%	4.9%	6.3%
Low	3.0%	-0.0%	-3.4%	-5.3%

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.