Hormel Foods Stock Forecast for 2023 - 2025 - 2030

Updated on 01/31/2023

Stock Rating
14
Price Target
$46.00
Consensus
Neutral
Upside
1.55%
Analysts
9
Stock Rating
14
Upside
1.55%
Analysts
9
Price Target
$46.00

Hormel Foods Stock Forecast and Price Target

If Hormel Foods's stock price reached the average yearlong target of $46.00 given by nine well-known analysts in recent months, there would be a potential upside of approximately 1.55% from its last closing price in January, 2023. This potential increase is based on a high estimate of $52.00 and a low estimate of $37.50. Even if you are not interested in HRL stock, it is still imperative to be aware of its competitors.

$46.00

1.55% Upside

Hold
Hold

Hormel Foods Fair Value Forecast for 2023 - 2025 - 2030

Hormel Foods's Price has increased by 4.60% In the last three years, going from $43.20 to $45.19. In the next year, analysts expect Fair Value to reach $51.65 – an increase of 14.29%. For the next eight years, the forecast is for Fair Value to grow by 66.48%.

2023 Fair Value Forecast
$51.65
2024 Fair Value Forecast
$56.86
2025 Fair Value Forecast
$60.09
2026 Fair Value Forecast
$62.57
2027 Fair Value Forecast
$65.80
2028 Fair Value Forecast
$69.03
2029 Fair Value Forecast
$72.01
2030 Fair Value Forecast
$75.23
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
NESN Stock Forecast Nestlé Outperform 5
CHF111.10 CHF122.48 8.01%
PEP Stock Forecast PepsiCo Inc Outperform 18
$171.02 $187.00 11.10%
ULVR Stock Forecast Unilever PLC Hold 6
£4.11k £0.00 -98.80%
MDLZ Stock Forecast Mondelez International Outperform 15
$65.47 $72.88 9.97%
MNST Stock Forecast Monster Beverage Outperform 16
$104.08 $106.31 1.99%

Hormel Foods Revenue Forecast for 2023 - 2025 - 2030

Hormel Foods's Revenue has increased by 31.18% In the last three years, going from $9.50B to $12.46B. In the next year, analysts expect Revenue to reach $12.63B – an increase of 1.34%. For the next eight years, the forecast is for Revenue to grow by 12.85%.

2023 Rev Forecast
$12.63B
2024 Rev Forecast
$12.93B
2025 Rev Forecast
$12.67B
2026 Rev Forecast
$12.93B
2027 Rev Forecast
$13.20B
2028 Rev Forecast
$13.48B
2029 Rev Forecast
$13.77B
2030 Rev Forecast
$14.06B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
KHC Stock Forecast Kraft Heinz Hold 16
$40.53 $42.98 8.56%
KDP Stock Forecast Keurig Dr Pepper Outperform 18
$35.28 $0.00 13.38%
GIS Stock Forecast General Mills Hold 16
$78.36 $81.79 4.65%

Hormel Foods Dividend per Share Forecast for 2023 - 2025 - 2030

In the last three years, Hormel Foods's Dividend per Share has grown, increasing from $0.84 to $1.04 – a growth of 23.81%. The next year looks promising for Hormel Foods, with analysts predicting Dividend per Share of $1.11 – an increase of 6.73%. Over the next eight years, experts anticipate that Hormel Foods's Dividend per Share will grow at a rate of 45.19%.

2023 DPS Forecast
$1.11
2024 DPS Forecast
$1.16
2025 DPS Forecast
$1.21
2026 DPS Forecast
$1.26
2027 DPS Forecast
$1.32
2028 DPS Forecast
$1.39
2029 DPS Forecast
$1.45
2030 DPS Forecast
$1.51
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
ADM Stock Forecast Archer-Daniels-Midland Outperform 4
$82.85 $99.07 19.49%
HSY Stock Forecast Hershey Co-The Hold 14
$224.60 $239.64 8.19%
K Stock Forecast Kellogg Hold 13
$68.58 $73.45 7.90%

Hormel Foods Free Cash Flow Forecast for 2023 - 2025 - 2030

In the last three years, Hormel Foods's Free Cash Flow has grown from $629.16M to $857.29M – a 36.26% increase. Next year, analysts are expecting Free Cash Flow to reach $1.15B – an increase of 33.64%. Over the next eight years, the forecast is for Free Cash Flow to grow by 71.35%.

2023 FCF Forecast
$1.15B
2024 FCF Forecast
$1.19B
2025 FCF Forecast
$1.24B
2026 FCF Forecast
$1.30B
2027 FCF Forecast
$1.35B
2028 FCF Forecast
$1.39B
2029 FCF Forecast
$1.43B
2030 FCF Forecast
$1.47B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
TSN Stock Forecast Tyson Foods Outperform 9
$65.75 $77.75 14.07%
BIMBO A Stock Forecast Grupo Bimbo, S.A.B. de C.V. Hold 16
Mex$88.41 Mex$53.31 -24.78%
MKC Stock Forecast McCormick & Co Inc-MD Hold 12
$75.12 $78.69 3.83%

Hormel Foods Net Income Forecast for 2023 - 2025 - 2030

In the last three years, Hormel Foods's Net Income has grown by 2.16%, from $978.81M to $999.99M. For the next year, analysts are expecting Net Income to reach $1.15B – an increase of 15.28%. Over the next eight years, experts predict that Net Income will grow by 55.30%.

2023 NI Forecast
$1.15B
2024 NI Forecast
$1.25B
2025 NI Forecast
$1.31B
2026 NI Forecast
$1.37B
2027 NI Forecast
$1.42B
2028 NI Forecast
$1.47B
2029 NI Forecast
$1.51B
2030 NI Forecast
$1.55B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
CAG Stock Forecast Conagra Brands Hold 16
$37.19 $41.91 15.62%
SJM Stock Forecast The J. M. Smucker Hold 15
$152.80 $141.31 1.44%
CPB Stock Forecast Campbell Soup Hold 16
$57.01 $52.53 -7.03%

Hormel Foods EBITDA Forecast for 2023 - 2025 - 2030

In the last three years, Hormel Foods's EBITDA has grown by 18.56%, rising from $1.31B to $1.55B. For next year, analysts predict EBITDA of $1.73B, which would mean an increase of 11.50%. Over the next eight years, experts predict that Hormel Foods's EBITDA will grow at a rate of 44.11%.

2023 EBITDA Forecast
$1.73B
2024 EBITDA Forecast
$1.84B
2025 EBITDA Forecast
$1.93B
2026 EBITDA Forecast
$1.99B
2027 EBITDA Forecast
$2.06B
2028 EBITDA Forecast
$2.11B
2029 EBITDA Forecast
$2.17B
2030 EBITDA Forecast
$2.23B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
BG Stock Forecast Bunge Outperform 16
$99.10 $129.73 28.15%
JBSS3 Stock Forecast JBS Outperform 17
R$20.14 R$47.59 170.61%
288 Stock Forecast WH Group Buy 16
HK$4.71 HK$1.14 -79.62%

Hormel Foods EBIT Forecast for 2023 - 2025 - 2030

In the last three years, Hormel Foods's EBIT has grown by 12.70%, rising from $1.14B to $1.29B. For next year, analysts predict EBIT of $1.47B, which would mean an increase of 14.42%. Over the next eight years, experts predict that Hormel Foods's EBIT will grow at a rate of 51.47%.

2023 EBIT Forecast
$1.47B
2024 EBIT Forecast
$1.57B
2025 EBIT Forecast
$1.66B
2026 EBIT Forecast
$1.72B
2027 EBIT Forecast
$1.79B
2028 EBIT Forecast
$1.84B
2029 EBIT Forecast
$1.89B
2030 EBIT Forecast
$1.95B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
FLO Stock Forecast Flowers Foods Hold 18
$26.70 $29.33 8.61%
PPC Stock Forecast Pilgrim's Pride Hold 14
$24.87 $29.57 11.58%
POST Stock Forecast Post Holdings Outperform 16
$94.95 $99.75 7.42%

Hormel Foods EPS Price Prediction Forecast for 2023 - 2025 - 2030

Hormel Foods's EPS has increased by 4.60% In the last three years, going from $1.74 to $1.82. In the next year, analysts expect EPS to reach $2.08 – an increase of 14.29%. For the next eight years, the forecast is for EPS to grow by 66.48%.

2023 EPS Forecast
$2.08
2024 EPS Forecast
$2.29
2025 EPS Forecast
$2.42
2026 EPS Forecast
$2.52
2027 EPS Forecast
$2.65
2028 EPS Forecast
$2.78
2029 EPS Forecast
$2.90
2030 EPS Forecast
$3.03
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
SMPL Stock Forecast The Simply Good Foods Outperform 15
$36.30 $40.58 23.97%
TWNK Stock Forecast Hostess Brands Outperform 16
$22.44 $0.00 11.41%
BGS Stock Forecast B&G Foods Hold 18
$14.02 $25.00 89.02%