Barclays Keeps USD 42.00 Target for Pilgrim's Pride stock

Published on 10/20/2026 at 19:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Pilgrim's Pride reported USD 4.63 billion revenue in Q2 2026. Pilgrim's Pride stock costs EUR 25.26 on October 20, 2026.

Barclays target and October date

Barclays analyst Benjamin Theurer set a USD 42.00 target on October 14, 2026.
Second-quarter revenue was USD 4.63 billion, down 2.73 percent from the prior-year quarter.
Pilgrim's Pride stock costs EUR 25.26 at Lang & Schwarz on October 20, 2026 at 7:10 p.m. CEST.
Pilgrim's Pride plans to release third-quarter results on October 28, 2026.

PPC, US72147K1088, Illustration mit AI erstellt.

Barclays analyst Benjamin Theurer maintained a Buy rating and set a USD 42.00 price target for Pilgrim's Pride on October 14, 2026, according to Markets Insider. The stock price in euros was EUR 25.26 at Lang & Schwarz on October 20, 2026 at 7:10 p.m. CEST.

Revenue fell in the second quarter

Pilgrim's Pride reported USD 4.63 billion in revenue for the second quarter of 2026, compared with USD 4.76 billion in the second quarter of 2025. That represents a 2.73 percent year-over-year decline. The company also reported adjusted EBITDA of USD 360.0 million for the quarter, according to its investor-relations materials dated July 30, 2026.

What does USD 42.00 imply?

The Barclays target is 48.10 percent above the Nasdaq price of USD 28.36 at 1:16 p.m. EDT on October 20, 2026. Pilgrim's Pride had a price-to-earnings ratio of 12.33 and a market capitalization of USD 6.8 billion on the same date.

October 28 is the next date

Pilgrim's Pride is scheduled to release third-quarter 2026 results after the U.S. market closes on October 28, 2026. The earnings call is scheduled for October 29, 2026 at 9:00 a.m. EDT, according to MarketScreener. The investor-relations page also lists the October 29 call and identifies second-quarter net sales of USD 4.6 billion and adjusted EBITDA of USD 360 million.

Price and valuation in context

At USD 28.36, PPC traded below the Barclays target while its valuation stood below the cited average analyst target of USD 33.33. The company operates in packaged foods and protein processing, with chicken and pork products distributed through retail and foodservice channels.

Stock price and next report

For investors, the key near-term date is the October 28 results release, which will update the revenue and adjusted EBITDA picture from the second quarter. The Nasdaq price of USD 28.36 and the EUR 25.26 Lang & Schwarz quote represent separate market views in their respective currencies.

The further course of trading is shown by the continuously updated real-time quote of Pilgrim's Pride stock.