Kellanova Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Kellanova stock have an average target of 72.21, with a low estimate of 54 and a high estimate of 83.5. The average target predicts a decrease of -10.78% from the current stock price of 80.94.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$54	$72.21	$75	$83.5
Change	-33.28%	-10.78%	-7.33%	+3.17%

* Price targets were last updated on Aug 15, 2024.

Analyst Ratings

The average analyst rating for Kellanova stock from 15 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	2	2	2	2	2	2
Buy	0	0	0	0	0	0
Hold	12	13	14	14	15	13
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	14	15	16	16	17	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Taylor Conrad Argus Research	Argus Research	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Oct 2, 2024
Steve Powers Deutsche Bank	Deutsche Bank	Hold Maintains $76 → $84	Hold	Maintains	$76 → $84	+3.17%	Aug 15, 2024
Nik Modi RBC Capital	RBC Capital	Buy → Hold Downgrades $76 → $84	Buy → Hold	Downgrades	$76 → $84	+3.17%	Aug 15, 2024
Chris Carey Wells Fargo	Wells Fargo	Hold Maintains $76 → $84	Hold	Maintains	$76 → $84	+3.17%	Aug 15, 2024
Michael Lavery Piper Sandler	Piper Sandler	Hold Maintains $63 → $84	Hold	Maintains	$63 → $84	+3.17%	Aug 15, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

12.99B

from 13.12B

-1.01%

from 13.12B

Revenue Next Year

13.32B

from 12.99B

2.54%

from 12.99B

EPS This Year

3.85

from 2.76

39.31%

from 2.76

EPS Next Year

4.01

from 3.85

4.16%

from 3.85

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 28, 2019	Jan 2, 2021	Jan 1, 2022	Dec 31, 2022	Dec 30, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	13.58B	13.77B	11.75B	12.65B	13.12B	12.99B	13.32B	13.64B
Revenue Growth	0.23%	1.41%	-14.69%	7.71%	3.71%	-1.01%	2.54%	2.43%
EPS	2.80	3.63	4.33	2.79	2.76	3.85	4.01	4.19
EPS Growth	-26.89%	29.64%	19.28%	-35.57%	-1.08%	39.31%	4.16%	4.68%
Forward PE	-	-	-	-	-	21.05	20.21	19.30
No. Analysts	-	-	-	-	-	23	23	16

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

Revenue Forecast

Revenue	2024	2025	2026
High	13.5B	14.0B	14.6B
Avg	13.0B	13.3B	13.6B
Low	12.4B	12.4B	12.8B

Revenue Growth

Revenue Growth	2024	2025	2026
High	2.7%	7.5%	9.5%
Avg	-1.0%	2.5%	2.4%
Low	-5.6%	-4.4%	-4.1%

EPS Forecast

EPS	2024	2025	2026
High	4.02	4.32	4.44
Avg	3.85	4.01	4.19
Low	3.65	3.71	3.86

EPS Growth

EPS Growth	2024	2025	2026
High	45.7%	12.2%	10.9%
Avg	39.3%	4.2%	4.7%
Low	32.3%	-3.4%	-3.6%

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.