Hormel Foods Stock Forecast for 2023 - 2025 - 2030

Updated on 04/24/2024

Stock Rating
14
Price Target
$32.00
Consensus
Neutral
Downside
-10.11%
Analysts
4
Stock Rating
14
Downside
-10.11%
Analysts
4
Price Target
$32.00

Hormel Foods Stock Forecast and Price Target

If Hormel Foods's stock price reached the average yearlong target of $32.00 given by four well-known analysts in recent months, there would be a potential downside of approximately -10.11% from its last closing price in April, 2024. This potential increase is based on a high estimate of $35.00 and a low estimate of $28.00. Even if you are not interested in HRL stock, it is still imperative to be aware of its competitors.

$32.00

-10.11% Downside

Hold
Hold

Hormel Foods Fair Value Forecast for 2023 - 2025 - 2030

In the last four years, Hormel Foods's Price has gone down from $41.88 to $0.00 – a 100.00% drop. In the next year, analysts expect Fair Value to reach $57.78 – an increase of 100.00%. For the next seven years, the forecast is for Fair Value to grow by 100.00%.

2024 Fair Value Forecast
$57.78
2025 Fair Value Forecast
$61.06
2026 Fair Value Forecast
$63.58
2027 Fair Value Forecast
$66.86
2028 Fair Value Forecast
$70.14
2029 Fair Value Forecast
$73.17
2030 Fair Value Forecast
$76.45
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
NESN Stock Forecast Nestlé Outperform 11
CHF93.98 Buy/Sell CHF115.58 17.05%
KO Stock Forecast Coca Cola Outperform 18
$61.55 Buy/Sell $65.84 7.23%
PEP Stock Forecast PepsiCo Outperform 18
$177.41 Buy/Sell $187.26 4.28%
ULVR Stock Forecast Unilever PLC Hold 8
£38.63 Buy/Sell £50.61 28.55%
MDLZ Stock Forecast Mondelez International Buy 15
$71.31 Buy/Sell $83.21 14.99%

Hormel Foods Revenue Forecast for 2023 - 2025 - 2030

Hormel Foods's Revenue has increased by 26.03% In the last three years, going from $9.61B to $12.11B. In the next year, analysts expect Revenue to reach $12.93B – an increase of 6.74%. For the next seven years, the forecast is for Revenue to grow by 16.10%.

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 Buy/Sell Price Target Upside/Downside
MNST Stock Forecast Monster Beverage Outperform 16
$54.33 Buy/Sell $62.62 19.64%
KHC Stock Forecast Kraft Heinz Outperform 12
$38.57 Buy/Sell $40.16 5.00%
KDP Stock Forecast Keurig Dr Pepper Outperform 12
$32.34 Buy/Sell $35.82 6.99%

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 $0.93 to $1.10 – a growth of 18.28%. The next year looks promising for Hormel Foods, with analysts predicting Dividend per Share of $1.16 – an increase of 5.45%. Over the next seven years, experts anticipate that Hormel Foods's Dividend per Share will grow at a rate of 37.27%.

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 Buy/Sell Price Target Upside/Downside
GIS Stock Forecast General Mills Inc Hold 18
$71.61 Buy/Sell $68.63 0.54%
HSY Stock Forecast Hershey Co-The Hold 14
$188.14 Buy/Sell $211.72 10.53%
ADM Stock Forecast Archer-Daniels-Midland Hold 8
$61.56 Buy/Sell $67.70 3.48%

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

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 Buy/Sell Price Target Upside/Downside
MKC Stock Forecast McCormick & Company Hold 12
$75.85 Buy/Sell $72.03 -1.12%
K Stock Forecast Kellanova Hold 13
$58.75 Buy/Sell $59.19 2.13%
BIMBO A Stock Forecast Grupo Bimbo, S.A.B. de C.V. Hold 16
Mex$69.54 Buy/Sell Mex$96.05 21.51%

Hormel Foods EBITDA Forecast for 2023 - 2025 - 2030

In the last three years, Hormel Foods's EBITDA has decreased by 2.92%, going from $1.35B to $1.31B. Next year, analysts are expecting EBITDA to reach $1.84B – an increase of 39.98%. Over the next seven years, the forecast is for EBITDA to grow by 70.18%.

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 Buy/Sell Price Target Upside/Downside
BG Stock Forecast Bunge Global Outperform 16
$105.79 Buy/Sell $135.33 12.01%
CAG Stock Forecast Conagra Brands Hold 16
$31.57 Buy/Sell $30.02 1.36%
CPB Stock Forecast Campbell Soup Co Hold 16
$45.54 Buy/Sell $46.15 1.01%

Hormel Foods EBIT Forecast for 2023 - 2025 - 2030

In the last three years, Hormel Foods's EBIT has decreased from $1.14B to $1.06B – a 7.60% drop. For next year, analysts predict EBIT of $1.57B, which would mean an increase of 48.78%. Over the next seven years, experts predict that Hormel Foods's EBIT will grow at a rate of 84.08%.

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 Buy/Sell Price Target Upside/Downside
SJM Stock Forecast JM Smucker Co-The Hold 15
$118.55 Buy/Sell $132.39 11.35%
288 Stock Forecast WH Group Buy 16
HK$5.83 Buy/Sell HK$0.77 -85.76%
JBSS3 Stock Forecast JBS Outperform 17
R$22.01 Buy/Sell R$27.59 43.12%

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

In the last four years, Hormel Foods's EPS has gone down from $1.66 to $0.00 – a 100.00% drop. In the next year, analysts expect EPS to reach $2.29 – an increase of 100.00%. For the next seven years, the forecast is for EPS to grow by 100.00%.

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 Buy/Sell Price Target Upside/Downside
PPC Stock Forecast Pilgrim's Pride Hold 14
$36.00 Buy/Sell $28.92 -1.39%
POST Stock Forecast Post Holdings Outperform 16
$106.14 Buy/Sell $104.78 8.35%
FLO Stock Forecast Flowers Foods Hold 18
$25.03 Buy/Sell $24.00 -6.11%