The J. M. Smucker Company Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for SJM stock have an average target of 132.85, with a low estimate of 119 and a high estimate of 154. The average target predicts an increase of 20.06% from the current stock price of 110.65.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$119	$132.85	$135	$154
Change	+7.55%	+20.06%	+22.01%	+39.18%

Analyst Ratings

The average analyst rating for SJM stock from 13 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	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	1	3	3	3	3	4
Buy	2	2	2	1	1	1
Hold	10	9	9	9	9	8
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	14	14	13	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Taylor Conrad Argus Research	Argus Research	Strong Buy Maintains $150 → $135	Strong Buy	Maintains	$150 → $135	+22.01%	Jun 13, 2024
Brian Holland DA Davidson	DA Davidson	Hold Maintains $132 → $126	Hold	Maintains	$132 → $126	+13.87%	Jun 10, 2024
Andrew Lazar Barclays	Barclays	Hold Maintains $132 → $123	Hold	Maintains	$132 → $123	+11.16%	Jun 10, 2024
Thomas Palmer Citigroup	Citigroup	Strong Buy Maintains $137 → $139	Strong Buy	Maintains	$137 → $139	+25.62%	Jun 7, 2024
Robert Moskow TD Cowen	TD Cowen	Strong Buy Maintains $140 → $135	Strong Buy	Maintains	$140 → $135	+22.01%	Jun 7, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

9.07B

from 8.18B

10.93%

from 8.18B

Revenue Next Year

9.25B

from 9.07B

1.91%

from 9.07B

EPS This Year

10.13

from 7.13

42.02%

from 7.13

EPS Next Year

11.00

from 10.13

8.58%

from 10.13

Year	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029
Revenue	7.80B	8.00B	8.00B	8.53B	8.18B	9.07B	9.25B	9.45B	9.77B	9.51B
Revenue Growth	-0.47%	2.59%	-0.05%	6.63%	-4.11%	10.93%	1.91%	2.24%	3.36%	-2.66%
EPS	6.84	7.79	5.83	-0.86	7.13	10.13	11.00	11.56	12.09	12.14
EPS Growth	51.33%	13.89%	-25.16%	-	-	42.02%	8.58%	5.11%	4.59%	0.42%
Forward PE	-	-	-	-	-	10.93	10.06	9.57	9.15	9.12
No. Analysts	-	-	-	-	-	20	19	7	3	2

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	9.5B	9.7B	10.3B	10.6B	9.9B
Avg	9.1B	9.2B	9.5B	9.8B	9.5B
Low	8.8B	8.9B	8.9B	9.1B	9.2B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	15.8%	7.3%	10.9%	11.7%	1.2%
Avg	10.9%	1.9%	2.2%	3.4%	-2.7%
Low	7.2%	-2.2%	-3.3%	-3.6%	-5.6%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	10.71	11.76	12.31	12.93	12.62
Avg	10.13	11.00	11.56	12.09	12.14
Low	9.66	9.95	10.88	11.39	11.78

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	50.3%	16.1%	11.9%	11.8%	4.4%
Avg	42.0%	8.6%	5.1%	4.6%	0.4%
Low	35.5%	-1.8%	-1.1%	-1.4%	-2.6%

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.