Hormel Foods Corporation (HRL)
NYSE: HRL · Real-Time Price · USD
23.81
+2.85 (13.60%)
May 28, 2026, 3:28 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 $25.57. The average 1-year stock price forecast is 7.39% higher than the current stock price, while the lowest is $23 (-3.40%) and the highest is $30 (+26.00%).
Price Target: $25.57 (+7.39%)
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Hold | 6 | 6 | 6 | 6 | 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 |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $30 | Buy | Maintains | $30 | +26.00% | May 27, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $29 → $25 | Buy | Maintains | $29 → $25 | +5.00% | May 21, 2026 |
| Stephens | Stephens | Hold Reiterates $22 | Hold | Reiterates | $22 | -7.60% | May 21, 2026 |
| Bank of America Securities | Bank of America Securities | Hold Reiterates $27 → $23 | Hold | Reiterates | $27 → $23 | -3.40% | May 15, 2026 |
| J.P. Morgan | J.P. Morgan | Hold Downgrades $28 → $23 | Hold | Downgrades | $28 → $23 | -3.40% | Apr 9, 2026 |
Financial Forecast
Revenue This Year
12.43B
from 12.11B
Increased by 2.66%
Revenue Next Year
12.63B
from 12.43B
Increased by 1.62%
EPS This Year
1.48
from 0.87
Increased by 70.58%
EPS Next Year
1.58
from 1.48
Increased by 6.67%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 13.0B | 13.3B | |||
| Avg | 12.4B | 12.6B | |||
| Low | 12.0B | 12.1B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 7.6% | 6.8% | |||
| Avg | 2.7% | 1.6% | |||
| Low | -1.2% | -3.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.59 | 1.68 | |
| Avg | 1.48 | 1.58 | |
| Low | 1.39 | 1.47 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 82.4% | 13.3% | |
| Avg | 70.6% | 6.7% | |
| Low | 60.1% | -0.9% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.