JPMorgan cuts target for US Foods stock from USD 108.00 to USD 98.00
Published on 10/05/2026 at 09:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
On September 29, 2026, JPMorgan cut US Foods' price target from USD 108.00 to USD 98.00 and kept a Neutral rating, as MarketBeat reported. US Foods (ISIN US9120081099) was priced at EUR 86.50 at Lang & Schwarz on October 5, 2026 at 9:36 a.m. CEST, plus 0.29 percent versus the EUR 86.25 prior close.
Target cut meets stronger results
The target reduction contrasts with the company's second-quarter performance. MarketBeat reported USD 10.53 billion in revenue for the second quarter of 2026, up 4.50 percent from the prior-year quarter, while earnings per share reached USD 1.44 against a USD 1.36 consensus estimate.
The comparison matters because the earnings figure exceeded consensus by USD 0.08, even as JPMorgan's revised USD 98.00 target sits below the earlier USD 108.00 level. The same report listed a broader consensus target of USD 114.54 from 11 Buy ratings and four Holds.
Fourteen products support efficiency
US Foods launched Fall 2026 Scoop on September 21, 2026, a collection of 14 Italian-inspired products designed to reduce preparation work for foodservice operators, according to the company's US Foods release. The lineup includes ready-to-use sauces, fully cooked proteins and frozen menu items, with the release citing a potential 70 minutes of labor savings per case for its risotto product.
The product launch gives the distributor a concrete operating angle beyond the target debate. Its next earnings report is scheduled for November 5, 2026, according to Yahoo Finance.
Stock stays below its yearly high
US Foods stock stood at EUR 86.50 at Lang & Schwarz on October 5, 2026 at 9:36 a.m. CEST, up 0.29 percent versus the EUR 86.25 prior close. On the NYSE, the company's USD 111.42 52-week high and USD 69.88 low were quoted as of October 2, 2026, while market capitalization stood at USD 21.3 billion.
US Foods stock data
- Company: US Foods Holding Corp.
- ISIN: US9120081099
- Ticker: USFD
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 5, 2026, 9:36 a.m. CEST): EUR 86.50
- Change versus prior close: plus 0.29 percent
- Prior close Lang & Schwarz (October 2, 2026): EUR 86.25
- Market capitalization: USD 21.3 billion (as of October 2, 2026)
- 52-week range: USD 69.88-111.42 (as of October 2, 2026)
- Sector / Industry: Consumer Defensive / Food Distribution
- Next earnings date: November 5, 2026
