Hormel Foods Corporation (HRL)
NYSE: HRL · Real-Time Price · USD
30.40
-0.45 (-1.46%)
At close: Jun 24, 2025, 4:00 PM
30.40
0.00 (0.00%)
After-hours: Jun 24, 2025, 4:10 PM EDT
Hormel Foods Stock Forecast
Stock Price Forecast
The 3 analysts that cover Hormel Foods stock have a consensus rating of "Buy" and an average price target of $34, which forecasts a 11.84% increase in the stock price over the next year. The lowest target is $31 and the highest is $36.
Price Target: $34 (+11.84%)
Analyst Consensus: Buy
* Price targets were last updated on May 22, 2025.
Analyst Ratings
The average analyst rating for Hormel Foods stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Hold Reiterates $31 | Hold | Reiterates | $31 | +1.97% | May 22, 2025 |
| Stephens & Co. | Stephens & Co. | Hold Reiterates $31 | Hold | Reiterates | $31 | +1.97% | Feb 18, 2025 |
| Barclays | Barclays | Hold → Buy Upgrades $35 → $36 | Hold → Buy | Upgrades | $35 → $36 | +18.42% | Jan 22, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $36 → $35 | Strong Buy | Maintains | $36 → $35 | +15.13% | Nov 19, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Initiates $31 | Hold | Initiates | $31 | +1.97% | Oct 3, 2024 |
Financial Forecast
Revenue This Year
12.23B
from 11.92B
Increased by 2.57%
Revenue Next Year
12.55B
from 12.23B
Increased by 2.63%
EPS This Year
1.63
from 1.47
Increased by 10.85%
EPS Next Year
1.82
from 1.63
Increased by 11.69%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 12.8B | 13.2B | 13.6B | ||
| Avg | 12.2B | 12.5B | 12.9B | ||
| Low | 11.8B | 12.1B | 12.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.7% | 7.7% | 8.2% | ||
| Avg | 2.6% | 2.6% | 2.9% | ||
| Low | -1.0% | -1.3% | -1.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1.73 | 2.07 | 2.19 | ||
| Avg | 1.63 | 1.82 | 2.01 | ||
| Low | 1.52 | 1.62 | 1.78 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 18.0% | 27.0% | 20.7% | ||
| Avg | 10.9% | 11.7% | 10.3% | ||
| Low | 3.4% | -0.7% | -2.0% |
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.