Hormel Foods stock gains 1.32 percent as analysts reset targets

Published on 09/29/2026 at 09:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hormel Foods stock delivered USD 0.37 EPS in the quarter reported August 27, 2026, versus USD 0.35 consensus. Analysts' Hold consensus carries a USD 26.14 average target, while fiscal 2026 EPS guidance is USD 1.45-1.51.

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Hormel Foods stock (ISIN US4404521001) was last at USD 19.97 on the NYSE on September 28, 2026 at 4:00 p.m. ET, up 1.32 percent. The latest quarterly report gave investors a split signal: EPS beat consensus, but revenue declined year over year.

Earnings beat meets sales pressure

According to MarketBeat on September 22, 2026, Hormel reported USD 0.37 EPS for the quarter released August 27, 2026, versus USD 0.35 consensus. The USD 0.02 beat was paired with revenue of USD 2.96 billion, down 2.4 percent from the same quarter a year earlier and below the USD 3.03 billion estimate.

Management set fiscal 2026 EPS guidance at USD 1.45-1.51, according to MarketBeat. That combination puts the earnings range against a top line that still needs to stabilize.

Targets sit above the quote

Yahoo Finance reported on September 4, 2026, that fair value moved from USD 27.25 to USD 26.13. The report also said Bank of America raised its target from USD 25.00 to USD 27.00, while JPMorgan lifted its target from USD 25.00 to USD 26.00.

MarketBeat counted six Hold ratings, two Buy ratings and one Sell rating on September 22, 2026, producing an average 12-month target of USD 26.14. The gap between that consensus target and Hormel's USD 19.97 quote leaves the market's debate centered on execution rather than on a single earnings surprise.

Stock remains below yearly high

Hormel Foods stock had a September 28, 2026 session range of USD 19.57 to USD 19.98 and traded 5,432,508 shares. Its 52-week range was USD 19.42 to USD 26.60, while market capitalization stood at USD 11.0 billion as of September 28, 2026.