Morgan Stanley raised US Foods target to USD 111 for US Foods stock
Published on 10/20/2026 at 13:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and quarterly progress
- Morgan Stanley raised its US Foods target from USD 107 to USD 111 on October 15, 2026.
- US Foods reported USD 10.53 billion in second-quarter 2026 revenue, up 4.50 percent year over year.
- US Foods stock trades at EUR 89.00 at 1:14 p.m. CEST at Lang & Schwarz on October 20, 2026.
- US Foods is scheduled to report third-quarter 2026 results on November 5, 2026.
US Foods Holding (ISIN US9120081099) was trading at EUR 89.00 at Lang & Schwarz on October 20, 2026 at 1:14 p.m. CEST. Morgan Stanley raised its price target for US Foods from USD 107 to USD 111 on October 15, 2026, while keeping an Equal Weight rating, according to Markets Insider.
Why the target moved higher
The revised target is USD 10.62 above the last NYSE price of USD 100.38 on October 19, 2026, equal to 10.58 percent upside to that price. The same analyst note cited slower quick-service restaurant trends and lettuce-related issues as constraints on the food distribution group.
US Foods entered the analyst update after a strong second-quarter operating report. Benzinga reported that second-quarter 2026 adjusted EBITDA reached a record USD 604 million, up 10.20 percent year over year, while adjusted diluted earnings per share rose 21.00 percent to USD 1.44.
What does the target change mean?
The target increase leaves the valuation discussion tied to execution rather than a single sales figure. In the second quarter of 2026, revenue rose 4.50 percent year over year to USD 10.53 billion, while independent restaurant case volume grew 5.10 percent. US Foods also reaffirmed fiscal-year 2026 guidance for net sales growth of 4.00 percent to 6.00 percent and adjusted earnings per share growth of 18.00 percent to 24.00 percent, as reported by Benzinga.
Three dated developments
On August 8, 2026, US Foods reported second-quarter 2026 revenue of USD 10.53 billion and net income of USD 275.00 million, according to Simply Wall St. On September 22, 2026, the company launched a Fall 2026 product collection containing 14 exclusive-brand products, the same source reported. On October 15, 2026, Morgan Stanley raised its US Foods target from USD 107 to USD 111, as reported by Markets Insider.
Next reporting date
US Foods is scheduled to report third-quarter 2026 results on November 5, 2026, before the opening session, according to Scanx. That date will test whether the volume gains and margin expansion described in the second-quarter call are carrying into the second half.
Stock valuation context
US Foods had a market capitalization of USD 21.7 billion as of October 19, 2026. Its primary listing is on the NYSE, where the 52-week range was USD 69.88 to USD 111.42 on the same date. The company distributes fresh, frozen and dry food to foodservice customers across the United States.
US Foods was trading at EUR 89.00 at Lang & Schwarz on October 20, 2026 at 1:14 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of US Foods stock.
US Foods Holding stock facts
- Company: US Foods Holding Corp.
- ISIN: US9120081099
- Ticker: USFD
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 1:14 p.m. CEST): EUR 89.00
- Market capitalization: USD 21.7 billion (as of October 19, 2026)
- 52-week range: USD 69.88-111.42 (as of October 19, 2026)
Market context: Market report S&P 500.
