The Kraft Heinz Company (KHC)
NASDAQ: KHC · IEX Real-Time Price · USD
33.12
-0.65 (-1.92%)
At close: Jul 19, 2024, 4:00 PM
33.10
-0.02 (-0.06%)
Pre-market: Jul 22, 2024, 7:36 AM EDT
The Kraft Heinz Company Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for KHC stock have an average target of 38.33, with a low estimate of 34 and a high estimate of 43. The average target predicts an increase of 15.73% from the current stock price of 33.12.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for KHC stock from 12 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 | 6 | 6 | 5 | 5 | 4 | 4 |
| Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Hold | 7 | 7 | 6 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 13 | 13 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $36 → $34 | Hold | Maintains | $36 → $34 | +2.66% | Jul 19, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $42 → $38 | Strong Buy | Maintains | $42 → $38 | +14.73% | Jul 17, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $42 → $38 | Strong Buy | Maintains | $42 → $38 | +14.73% | Jul 10, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $37 → $34 | Hold | Maintains | $37 → $34 | +2.66% | Jun 27, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $42 → $41 | Buy | Maintains | $42 → $41 | +23.79% | Jun 20, 2024 |
Financial Forecast
Revenue This Year
26.96B
from 26.64B
Increased by 1.18%
Revenue Next Year
27.48B
from 26.96B
Increased by 1.96%
EPS This Year
3.06
from 2.31
Increased by 32.39%
EPS Next Year
3.22
from 3.06
Increased by 5.42%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.1B | 28.9B | 29.4B | 30.3B | 31.1B |
| Avg | 27.0B | 27.5B | 27.9B | 28.7B | 29.5B |
| Low | 26.0B | 26.4B | 26.8B | 27.4B | 28.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.6% | 7.1% | 6.9% | 8.5% | 8.2% |
| Avg | 1.2% | 2.0% | 1.7% | 2.7% | 2.7% |
| Low | -2.4% | -2.0% | -2.6% | -2.0% | -1.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.21 | 3.41 | 3.61 | 3.90 | 4.21 |
| Avg | 3.06 | 3.22 | 3.39 | 3.64 | 3.84 |
| Low | 2.90 | 3.03 | 3.16 | 3.38 | 3.52 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 39.1% | 11.6% | 12.1% | 15.0% | 15.7% |
| Avg | 32.4% | 5.4% | 5.1% | 7.4% | 5.4% |
| Low | 25.6% | -1.0% | -2.1% | -0.1% | -3.4% |
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.