IFF Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for IFF stock have an average target of 97.67, with a low estimate of 60 and a high estimate of 116. The average target predicts an increase of 2.09% from the current stock price of 95.67.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$60	$97.67	$100	$116
Change	-37.28%	+2.09%	+4.53%	+21.25%

Analyst Ratings

The average analyst rating for IFF stock from 20 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	3	3	4	4	4	5
Buy	3	3	3	3	4	4
Hold	9	10	9	11	11	10
Sell	1	2	2	1	1	1
Strong Sell	0	0	0	0	0	0
Total	16	18	18	19	20	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mark Astrachan Stifel	Stifel	Hold → Strong Buy Upgrades $95 → $115	Hold → Strong Buy	Upgrades	$95 → $115	+20.20%	Jul 22, 2024
Patrick Cunningham Citigroup	Citigroup	Strong Buy Maintains $108 → $116	Strong Buy	Maintains	$108 → $116	+21.25%	Jul 12, 2024
Joshua Spector UBS	UBS	Hold Maintains $95 → $100	Hold	Maintains	$95 → $100	+4.53%	Jul 9, 2024
Lisa De Neve Morgan Stanley	Morgan Stanley	Hold Maintains $100 → $103	Hold	Maintains	$100 → $103	+7.66%	Jul 3, 2024
Kristen Owen Oppenheimer	Oppenheimer	Buy Initiates $116	Buy	Initiates	$116	+21.25%	Jun 7, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

11.28B

from 11.48B

-1.77%

from 11.48B

Revenue Next Year

11.43B

from 11.28B

1.35%

from 11.28B

EPS This Year

4.05

from -10.05

EPS Next Year

4.45

from 4.05

9.84%

from 4.05

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	5.14B	5.08B	11.66B	12.44B	11.48B	11.28B	11.43B	11.74B	12.39B	12.20B
Revenue Growth	29.23%	-1.09%	129.27%	6.73%	-7.73%	-1.77%	1.35%	2.74%	5.49%	-1.52%
EPS	4.00	3.21	1.10	-7.32	-10.05	4.05	4.45	4.97	5.48	5.66
EPS Growth	5.54%	-19.75%	-65.73%	-	-	-	9.84%	11.73%	10.27%	3.23%
Forward PE	-	-	-	-	-	23.63	21.51	19.25	17.46	16.91
No. Analysts	-	-	-	-	-	24	24	16	3	2

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	11.8B	12.4B	12.9B	13.6B	12.7B
Avg	11.3B	11.4B	11.7B	12.4B	12.2B
Low	10.8B	10.3B	10.6B	11.4B	11.8B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	3.1%	9.6%	13.1%	15.5%	2.4%
Avg	-1.8%	1.3%	2.7%	5.5%	-1.5%
Low	-6.0%	-9.1%	-7.4%	-3.1%	-4.4%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	4.60	5.30	5.64	5.88	5.88
Avg	4.05	4.45	4.97	5.48	5.66
Low	3.58	3.51	4.21	5.15	5.49

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	31.0%	26.8%	18.3%	7.3%
Avg	-	9.8%	11.7%	10.3%	3.2%
Low	-	-13.4%	-5.2%	3.5%	0.2%

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.