Hormel Foods Corporation (HRL)
NYSE: HRL · Real-Time Price · USD
24.33
-0.32 (-1.30%)
At close: Jun 17, 2026, 4:00 PM EDT
24.00
-0.33 (-1.36%)
After-hours: Jun 17, 2026, 7:33 PM EDT
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 $26.5. The average 1-year stock price forecast is 8.92% higher than the current stock price, while the lowest is $25 (+2.75%) and the highest is $30 (+23.30%).
Price Target: $26.5 (+8.92%)
Analyst Consensus: Hold
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
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Hold | 6 | 6 | 6 | 7 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Hold Maintains $23 → $25 | Hold | Maintains | $23 → $25 | +2.75% | Jun 3, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Reiterates $25 | Buy | Reiterates | $25 | +2.75% | May 29, 2026 |
| Piper Sandler | Piper Sandler | Hold Maintains $26 | Hold | Maintains | $26 | +6.86% | May 29, 2026 |
| Stephens | Stephens | Hold Maintains $22 → $25 | Hold | Maintains | $22 → $25 | +2.75% | May 29, 2026 |
| Bank of America Securities | Bank of America Securities | Hold Reiterates $23 → $25 | Hold | Reiterates | $23 → $25 | +2.75% | May 29, 2026 |
Financial Forecast
Revenue This Year
12.30B
from 12.11B
Increased by 1.58%
Revenue Next Year
12.48B
from 12.30B
Increased by 1.46%
EPS This Year
1.49
from 1.37
Increased by 8.62%
EPS Next Year
1.56
from 1.49
Increased by 4.88%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 12.3B | ||
| Avg | 12.3B | ||
| Low | 12.2B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.9% | ||
| Avg | 1.6% | ||
| Low | 0.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | 1.49 | ||
| Low | - |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | 8.6% | ||
| Low | - |