General Mills, Inc. (GIS)

General Mills Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for General Mills stock have an average target of 72.57, with a low estimate of 61 and a high estimate of 84. The average target predicts an increase of 11.65% from the current stock price of 65.00.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$61	$72.57	$74	$84
Change	-6.15%	+11.65%	+13.85%	+29.23%

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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	2	1	1	1	1	1
Buy	1	1	1	1	1	1
Hold	13	14	14	12	12	12
Sell	1	1	1	1	1	1
Strong Sell	1	1	1	1	0	0
Total	18	18	18	16	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Chris Carey Wells Fargo	Wells Fargo	Hold Maintains $77 → $70	Hold	Maintains	$77 → $70	+7.69%	Nov 15, 2024
Ken Goldman JP Morgan	JP Morgan	Hold Maintains $63 → $67	Hold	Maintains	$63 → $67	+3.08%	Oct 14, 2024
Robert Moskow TD Cowen	TD Cowen	Hold Maintains $72 → $75	Hold	Maintains	$72 → $75	+15.38%	Sep 20, 2024
Andrew Lazar Barclays	Barclays	Hold Maintains $67 → $74	Hold	Maintains	$67 → $74	+13.85%	Sep 20, 2024
Michael Lavery Piper Sandler	Piper Sandler	Buy Maintains $74 → $84	Buy	Maintains	$74 → $84	+29.23%	Sep 19, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

20.15B

Increased by 1.48%

from 19.86B

Revenue Next Year

20.18B

Increased by 0.14%

from 20.15B

EPS This Year

4.56

Increased by 5.81%

from 4.31

EPS Next Year

4.75

Increased by 4.12%

from 4.56

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	17.63B	18.13B	18.99B	20.09B	19.86B	20.15B	20.18B	20.25B
Revenue Growth	4.51%	2.84%	4.78%	5.80%	-1.18%	1.48%	0.14%	0.35%
EPS	3.56	3.78	4.42	4.31	4.31	4.56	4.75	5.03
EPS Growth	22.76%	6.18%	16.93%	-2.49%	-	5.81%	4.12%	6.03%
Forward PE	-	-	-	-	-	14.25	13.69	12.91
No. Analysts	-	-	-	-	-	22	22	13

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

Revenue Forecast

Revenue	2025	2026	2027	2028
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	2025	2026	2027	2028
High	6.3%	9.2%	8.5%
Avg	1.5%	0.1%	0.4%
Low	-5.2%	-8.3%	-7.3%

EPS Forecast

EPS	2025	2026	2027	2028
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	2025	2026	2027	2028
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.