Hormel Foods Corporation (HRL)
NYSE: HRL · Real-Time Price · USD
20.12
-0.14 (-0.67%)
Oct 5, 2026, 3:24 PM EDT - Market open

Hormel Foods Stock Forecast

Stock Price Forecast

According to 10 analysts polled by S&P Global, Hormel Foods stock has a consensus rating of "Hold" and an average price target of $25.94. The average 1-year stock price forecast is 28.96% higher than the current stock price, while the lowest is $23 (+14.34%) and the highest is $30 (+49.14%).

Price Target: $25.94 (+28.96%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$23$25.94$26$30
Change+14.34%+28.96%+29.26%+49.14%

Analyst Ratings

The average analyst rating for Hormel Foods stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy111111
Buy221122
Hold778877
Sell000000
Strong Sell000000
Total101010101010

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Goldman Sachs
Goldman Sachs
Buy
Maintains
$29
BuyMaintains$29+44.17%Oct 2, 2026
Bank of America Securities
Bank of America Securities
Hold
Reiterates
$24
HoldReiterates$24+19.31%Oct 1, 2026
Barclays
Barclays
Buy
Maintains
$30
BuyMaintains$30+49.14%Sep 10, 2026
J.P. Morgan
J.P. Morgan
Hold
Maintains
$26 → $23
HoldMaintains$26 → $23+14.34%Sep 2, 2026
Stephens
Stephens
Hold
Maintains
$25 → $23
HoldMaintains$25 → $23+14.34%Aug 28, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
12.15B
from 12.11B
Increased by 0.37%
Revenue Next Year
12.48B
from 12.15B
Increased by 2.71%
EPS This Year
1.45
from 1.37
Increased by 5.87%
EPS Next Year
1.57
from 1.45
Increased by 8.35%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingOct 31, 2021Oct 30, 2022Oct 29, 2023Oct 27, 2024Oct 26, 2025Oct 31, 2026
Revenue
11.39B12.46B12.11B11.92B12.11B12.15B
Revenue Growth
18.50%9.42%-2.80%-1.56%1.56%0.37%
Gross Profit
1.94B2.16B2.00B2.03B1.90B1.94B
Gross Margin
17.05%17.37%16.51%17.01%15.70%15.95%
Operating Income
1.12B1.29B1.06B1.09B960.66M1.06B
Net Income
908.84M999.99M793.57M805.04M478.20M608.39M
EPS
----1.371.45
EPS Growth
-----13.29%5.87%
Forward PE
21.7724.0218.8518.8916.1213.87
Dividend / Share
0.981.041.101.131.161.17
Dividend Growth
5.38%6.12%5.77%2.73%2.66%0.80%
Free Cash Flow
----534.35M746.00M
No. Analysts
-----8
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High12.2B
Avg12.2B
Low12.1B

Revenue Growth

Revenue Growth202620272028
High
0.6%
Avg
0.4%
Low
-0.0%

EPS Forecast

EPS202620272028
High1.50
Avg1.45
Low1.12

EPS Growth

EPS Growth202620272028
High
9.5%
Avg
5.9%
Low
-18.2%