Mondelez International stock holds near $62 as earnings surprises support 2026 outlook
Published on 08/28/2026 at 16:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Mondelez International Inc. (ISIN US6092071058) stock is trading close to $62 in late August 2026 after a series of quarterly earnings beats and a guidance update that points to organic net revenue growth and higher adjusted EPS for the full year 2026. As of the close on August 27, 2026, the shares were quoted at $62.43 on Nasdaq in USD, with a modest pre-market uptick to $62.70 ahead of the next regular trading session. This places Mondelez International stock comfortably in the low $60s area and reflects a valuation supported by solid recent fundamentals and a broadly favorable analyst view.
Earnings track record and recent EPS surprises
The most recent earnings data show that Mondelez International has delivered consistent upside versus analyst expectations over the last four reported quarters up to June 30, 2026. For the quarter ended September 30, 2025, the company reported EPS of $0.73 compared with a consensus estimate of $0.71, resulting in a positive surprise of 2.94 percent for that period. In the quarter ended December 31, 2025, EPS came in at $0.72 against an estimate of $0.70, again beating expectations with a 3.34 percent surprise and reinforcing the impression of steady delivery.
The earnings momentum carried into 2026. In the quarter ended March 31, 2026, Mondelez International posted EPS of $0.67, clearly ahead of the estimated $0.61, which translates into a 10.22 percent positive surprise. For the latest reported quarter ended June 30, 2026, EPS reached $0.73 compared with an estimate of $0.68, yielding a 7.40 percent surprise. This pattern of four consecutive beats across Q4 2025, Q1 2026, and Q2 2026 highlights a track record of outperforming consensus expectations on the bottom line.
Looking at the current year 2026 as a whole, the consensus EPS estimate stands at $3.05 according to the latest analyst overview for Mondelez International. This compares with reported EPS of $2.92 for the prior year 2025, indicating that analysts expect earnings per share to grow by 0.13, or about 4.45 percent, over the course of the current year. For 2027, the average EPS estimate is $3.36, which would represent a further step up from the 2026 consensus and suggests that the market anticipates ongoing profit expansion beyond this year.
Guidance for 2026 and cash flow expectations
The company has provided guidance that underpins these analyst forecasts for 2026. For the current year, Mondelez International now expects at least 2 percent organic net revenue growth, raised from a previous range that envisioned flat to 2 percent growth. This implies that management sees a clearer path to top-line expansion for the year as of late August 2026. At the same time, Mondelez International continues to project adjusted EPS growth ranging from flat to 5 percent on a constant-currency basis for 2026, which aligns with the consensus numbers and supports the expectation of mid-single-digit earnings growth.
Cash generation is another important piece of the outlook. The company expects to deliver approximately $3 billion in free cash flow in 2026, according to recent commentary on its guidance. That level of free cash flow provides ample capacity for dividends, share repurchases, and reinvestment in branded snacks and confectionery businesses across key markets. For investors, a free cash flow figure in the billions of USD serves as a reminder that Mondelez International operates with a sizable and resilient cash engine in its current financial configuration.
Against this backdrop, analysts have built their EPS forecasts for the remaining quarters of 2026. For the quarter ending September 2026, the current EPS estimate is $0.72, compared to the year-ago figure of $0.73 for the same quarter. For the December 2026 quarter, the average estimate stands at $0.93, whereas EPS a year earlier was $0.72, indicating that analysts expect substantial year-over-year earnings growth in the final quarter of the year. These figures illustrate how the guidance for organic revenue growth and adjusted EPS is being translated into expectations for quarterly performance through the rest of 2026.
Analyst consensus and valuation context
The analyst community currently maintains a constructive stance on Mondelez International. Recent investor-related filings and market data compilations show that the stock carries a consensus rating classified as Moderate Buy, reflecting a majority of positive recommendations with some neutral views. The average price target cited in these sources is $67.30 per share for Nasdaq-listed Mondelez International stock. With the shares last quoted at $62.43 as of August 27, 2026, this consensus target implies potential upside of $4.87 per share.
Expressed in percentage terms, the difference between the $62.43 recent price and the $67.30 average target equates to an 7.80 percent gap. That spread provides an indication of how equity analysts currently assess the balance between valuation and growth prospects for Mondelez International. At a market capitalization level derived from recent data points, the company stands in the neighborhood of $69.87 billion, placing it firmly within the large-cap category of global consumer staples. For investors looking at staples exposure, such a market cap signals significant scale and the ability to absorb regional volatility.
Consensus earnings estimates also help frame valuation. With 24 analysts contributing to the 2026 EPS estimate of $3.05 and a similar number covering the 2027 forecast of $3.36, the coverage is broad. The range of estimates for 2026 spans from a low of $3.00 to a high of $3.10, while the 2027 range runs from $3.24 to $3.49. This relatively narrow range around the average suggests that the market has a fairly cohesive view of Mondelez International's earnings trajectory, even as currency movements and commodity costs can introduce some uncertainty.
Quarterly performance in detail
The recent sequence of quarterly results offers a more granular view of Mondelez International's operating performance leading into late August 2026. For the quarter ended September 30, 2025, the actual EPS of $0.73 did not merely exceed the $0.71 estimate; it also built on the prior year quarter's performance and reflected effective cost management and brand resilience. In the December 31, 2025 quarter, the $0.72 reported EPS captured seasonal demand in confectionery and snacks, surpassing the $0.70 expectation despite a challenging macro backdrop in some markets.
Entering 2026, the March 31 quarter's EPS of $0.67 versus the $0.61 estimate marked the strongest surprise of the recent sequence, at 10.22 percent. Such a double-digit surprise tends to signal either stronger-than-expected revenue, better margins, or both. The June 30, 2026 quarter followed with EPS of $0.73 compared to $0.68 forecast, a 7.40 percent beat that continued the theme of outperformance and supported the decision to guide toward at least 2 percent organic net revenue growth for the year.
From a year-over-year perspective, the EPS trajectory also appears supportive of the stock's current valuation. The full 2025 EPS of $2.92 stands below the 2026 consensus of $3.05, indicating that analysts expect an incremental earnings contribution of $0.13 per share in 2026. Looking ahead to the 2027 consensus of $3.36, the implied increase over 2025 is $0.44, or around 15.07 percent. This cumulative growth expectation over two years is a key input when investors consider multiples such as the price-to-earnings ratio for Mondelez International stock.
Market reaction and peer context
Market data around late August 2026 show that Mondelez International stock has experienced modest downside since the last earnings release, even while the longer-term trajectory remains anchored by growth expectations. Recent commentary describes the shares as being down a few percentage points since the most recent earnings report, in part reflecting sector-wide moves and short-term repositioning. However, the decline since that event is measured against the broader context of the stock still trading in the low $60s, with a consensus price target in the high $60s providing a reference point for potential recovery.
Peer comparisons reinforce the view that Mondelez International is one of several large food and snack companies navigating similar dynamics in 2026. Market data pages that track staple names such as Kraft Heinz and Conagra include side references to Mondelez International's quote and percentage move, showing that MDLZ shares can be modestly lower on some days yet remain supported by fundamentals. Meanwhile, sector-level overviews that list Mondelez International among large-cap consumer staples highlight a market capitalization close to $69.87 billion, placing it alongside other global brand owners in terms of scale.
From a trading perspective, the quote of $62.43 at the close on August 27, 2026, combined with a pre-market indication of $62.70 in the early hours of the next session, suggests a relatively tight trading range around the low $60s level. This stability, in the context of repeated EPS beats and guidance for organic revenue growth, may appeal to investors prioritizing defensive characteristics coupled with moderate growth rather than high-volatility exposure.
Representative product: Oreo drives global brand strength
One of Mondelez International's most emblematic products is the Oreo cookie brand, which continues to anchor the company's global snack portfolio in 2026. As a chocolate sandwich cookie with a distinctive cream filling, Oreo has achieved broad recognition across North America, Europe, Asia, and Latin America. The brand regularly features in new flavor variants, size formats, and limited editions, giving Mondelez International ongoing opportunities to refresh consumer interest and support organic net revenue growth.
Oreo's presence in multiple channels, including supermarkets, convenience stores, and online retailers, adds to Mondelez International's ability to generate recurring revenue from branded snacks. For the 2026 guidance that calls for at least 2 percent organic net revenue growth, categories such as biscuits and cookies are important contributors, and Oreo stands as a flagship product in this segment. In many markets, Oreo also plays a role in co-branded desserts and foodservice offerings, further extending the reach of Mondelez International's brands beyond traditional retail shelves.
Stock level and investor angle
As of the close on August 27, 2026, Mondelez International stock traded at $62.43 on Nasdaq, with a small pre-market rise to $62.70 shortly after 4:00 a.m. Eastern Time according to the latest quote snapshots. With an average analyst price target of $67.30 and a market capitalization recorded near $69.87 billion in recent datasets, the shares reflect a balance between defensive consumer staples characteristics and ongoing growth delivered through repeated EPS beats and guided organic revenue expansion.
Fact box
Company: Mondelez International Inc.
ISIN: US6092071058
Ticker: MDLZ
Exchange: Nasdaq
Price (as of August 27, 2026, 4:00 p.m. ET): $62.43 USD
Market cap: $69.87 billion (as of August 27, 2026)
Sector / Industry: Consumer staples / Packaged foods and snacks
Index membership: S&P 500
