Barclays keeps USD 42.00 target for Pilgrim's Pride stock

Published on 10/15/2026 at 21:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 results are due October 29, 2026, after Q2 revenue of USD 4.63 billion. PPC stock costs EUR 25.83 on October 15, 2026.

Target and results

Barclays maintained a USD 42.00 target for Pilgrim's Pride on October 14, 2026.
Second-quarter revenue reached USD 4.63 billion for the period ended June 28, 2026.
Pilgrim's Pride stock costs EUR 25.83 at Lang & Schwarz on October 15, 2026 at 9:34 p.m. CEST.
Pilgrim's Pride will host its third-quarter earnings call on October 29, 2026.

PPC, US72147K1088, Illustration mit AI erstellt.

Pilgrim's Pride Corporation (ISIN US72147K1088) has a USD 42.00 price target from Barclays, which maintained its Buy rating in a note dated October 14, 2026. Against the Nasdaq quote of USD 28.91 on October 15, 2026, the target stands 45.28 percent higher. The stock was trading at EUR 25.83 at Lang & Schwarz on October 15, 2026 at 9:34 p.m. CEST.

Target distance reaches 45.28 percent

According to Business Insider, Barclays analyst Benjamin Theurer kept the Buy rating and set the target at USD 42.00. The target comparison uses the USD 28.91 Nasdaq price cited for October 15, 2026, rather than the German euro quotation.

Second-quarter revenue was USD 4.63 billion

Pilgrim's Pride reported USD 4.63 billion in revenue, USD 13.22 million in net income and USD 65.95 million in operating profit for the second quarter ended June 28, 2026. The figures come from the company's investor-relations page, which also lists adjusted EBITDA of USD 360.0 million for the quarter and the prior-year comparison of USD 686.9 million. Pilgrim's Pride identifies the period as its second-quarter 2026 reporting period.

Price position and range

The primary Nasdaq quote was USD 28.91 on October 15, 2026 at 3:36 p.m. ET. Its 52-week range was USD 25.00 to USD 44.84, placing the quote 35.53 percent below the high and 15.64 percent above the low. Market capitalization was USD 6.9 billion, while trading volume reached 639,991 shares against an average of 1,504,717 shares.

Valuation and next date

The finance data shows a trailing P/E ratio of 12.54 for Pilgrim's Pride. The company is scheduled to host its third-quarter 2026 earnings call on October 29, 2026, at 9:00 a.m. EDT, according to its investor-relations calendar. That date gives investors the next scheduled point for testing the recovery implied by the analyst target.

Comparison with peers

PPC: P/E 12.54, market capitalization USD 6.9 billion
Tyson Foods (NYSE, USD): plus 0.07 percent, P/E 33.43, market capitalization USD 19.1 billion
Hormel Foods (NYSE, USD): plus 1.87 percent, P/E 32.04, market capitalization USD 11.1 billion

PPC stock price in euros

Pilgrim's Pride stock was trading at EUR 25.83 at Lang & Schwarz on October 15, 2026 at 9:34 p.m. CEST. The Nasdaq quote was USD 28.91 on October 15, 2026 at 3:36 p.m. ET.