Hormel Foods CorporationHRLNYSE
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Analyst Sentiment

Analysts are neutral — opinion is divided on direction.

Consensus Rating
Hold
28 analysts·High coverage
25%
Rating Distribution
Strong Buy
00%
Buy
725%
Hold
1450%
Sell
725%
Strong Sell
00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Analysts see moderate upside — consensus target 21% higher.

Bear Case
$26.00
+14%
Consensus
$27.75
+21%
Bull Case
$30.00
+31%
Price Range28 analysts
Low
Consensus
High
$26.00
$30.00
Current Target
Current Price
$22.85
Upside to Target
$4.90

Price targets are 12-month forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

2026E$1.46(5 analysts)
P/E26x
Current: 26.3x
Actual
Estimate
Range (Low–High)
Stock Alarm Pro
Forward Growth Estimates (YoY)
FY2027
Rev+2.28%
EPS+7.46%
FY2028
Rev+2.05%
EPS+6.62%

Earnings Surprises

Beat rate:42%(5/12 quarters)
Avg surprise:+0.1%
Beat
Miss
Inline
Estimate
Based on reported EPS vs consensus estimate.

Recent Analyst Actions

Dec 9, 2025Barclays
Hormel Foods price target lowered to $30 from $31 at Barclays
Target:$30.00
+25.8%from $23.85
Dec 5, 2025Piper Sandler
Hormel Foods price target raised to $26 from $25 at Piper Sandler
Target:$26.00
+7.6%from $24.16
Dec 4, 2025Coker Palmer
Hormel Foods price target raised to $28 from $27 at JPMorgan
Target:$28.00
+15.9%from $24.16
Oct 30, 2025Goldman Sachs
Hormel Foods price target lowered to $27 from $31 at Goldman Sachs
Target:$27.00
+25.6%from $21.49
Aug 29, 2025Barclays
Hormel Foods price target lowered to $34 from $36 at Barclays
Target:$34.00
+32.3%from $25.69
Jun 23, 2025Goldman Sachs
Hormel Foods initiated with a Buy at Goldman Sachs
Target:$35.00
+13.5%from $30.85
Dec 5, 2024Piper Sandler
Piper Sandler Reiterates Neutral Rating on Hormel Foods (HRL) as 'Savings Progress Continues'
Target:$33.00
+1.4%from $32.53
Oct 21, 2024BNP Paribas
Hormel Foods initiated with an Underperform at Exane BNP Paribas
Target:$28.00
-13.0%from $32.19
Sep 4, 2024Bank of America Securities
Hormel Foods (HRL) PT Lowered to $30 at BofA Securities, 'weaker top-line expectations'
Target:$30.00
-3.3%from $31.01
Aug 13, 2024Coker Palmer
Hormel Foods upgraded to Buy from Neutral at Citi
Target:$37.00
+18.4%from $31.25
May 30, 2024Coker Palmer
JPMorgan Upgrades Hormel Foods (HRL) to Neutral
Target:$29.00
-5.8%from $30.79
May 22, 2024Coker Palmer
Hormel Foods (HRL) PT Raised to $35 at Citi
Target:$35.00
-1.3%from $35.47
Dec 30, 2022Argus Research
Argus Research Maintains Buy on Hormel Foods, Raises Price Target to $54
Target:$54.00
+18.6%from $45.55
Dec 1, 2022J.P. Morgan
JP Morgan Maintains Neutral on Hormel Foods, Lowers Price Target to $47
Target:$47.00
-0.1%from $47.05
Sep 22, 2022Argus Research
Argus Research Maintains Buy on Hormel Foods, Lowers Price Target to $53
Target:$53.00
+13.2%from $46.83
Aug 23, 2022Stephens
Stephens & Co. Maintains Equal-Weight on Hormel Foods, Raises Price Target to $55
Target:$55.00
+8.4%from $50.72
Dec 10, 2021Piper Sandler
Piper Sandler Bumps Up Hormel Foods Price Target By 9%
Target:$49.00
+6.5%from $46.00