HORMEL FOODS CORP (HRL) Forecast, Price Target & Analyst Ratings

NYSE:HRL • US4404521001

Current stock price

21.19 USD
+0.29 (+1.39%)
At close:
21.2 USD
+0.01 (+0.05%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for HORMEL FOODS CORP (HRL).

Forecast Snapshot

Consensus Price Target

Price Target
$28.35
+ 33.78% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 27, 2026
Period
Q2 / 2026
EPS Estimate
$0.36
Revenue Estimate
2.984B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
70.67%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$28.35
Upside
+ 33.78%
From current price of $21.19 to mean target of $28.35, Based on 15 analyst forecasts
Low
$26.26
Median
$28.05
High
$31.50

Price Target Revisions

1 Month
0.41%
3 Months
-1.30%

Price Target Summary

15 Wall Street analysts provided a forecast for the next 12 months for HRL. The average price target is 28.35 USD. This implies a price increase of 33.78% is expected in the next year compared to the current price of 21.19.
The average price target has been revised downward by 1.3% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

HRL Current Analyst RatingHRL Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

HRL Historical Analyst RatingsHRL Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15

Analyst Ratings Consensus

ChartMill Buy Consensus
70.67%
HRL was analyzed by 15 analysts. The buy percentage consensus is at 71. So analysts seem to be have mildly positive about HRL.
In the previous month the buy percentage consensus was at a similar level.
HRL was analyzed by 15 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-04-09JP MorganDowngrade Overweight -> Neutral
2026-02-27Stephens & Co.Maintains Equal-Weight -> Equal-Weight
2026-02-11Stephens & Co.Maintains Equal-Weight -> Equal-Weight
2025-12-09BarclaysMaintains Overweight -> Overweight
2025-12-05JP MorganMaintains Overweight -> Overweight
2025-12-05B of A SecuritiesMaintains Neutral -> Neutral
2025-12-05Piper SandlerMaintains Neutral -> Neutral
2025-11-21JP MorganMaintains Overweight -> Overweight
2025-11-06Piper SandlerMaintains Neutral -> Neutral
2025-10-30Goldman SachsMaintains Buy -> Buy
2025-08-29BarclaysMaintains Overweight -> Overweight
2025-08-29JP MorganMaintains Overweight -> Overweight
2025-08-29Goldman SachsMaintains Buy -> Buy
2025-08-29B of A SecuritiesMaintains Neutral -> Neutral
2025-08-20JP MorganUpgrade Neutral -> Overweight
2025-05-22Stephens & Co.Reiterate Equal-Weight -> Equal-Weight
2025-04-15B of A SecuritiesUpgrade Underperform -> Neutral
2025-02-18Stephens & Co.Reiterate Equal-Weight -> Equal-Weight
2025-01-22BarclaysUpgrade Equal-Weight -> Overweight
2025-01-21BarclaysMaintains Equal-Weight -> Equal-Weight
2024-11-19CitigroupMaintains Buy -> Buy
2024-10-03Stephens & Co.Reiterate Equal-Weight
2024-08-13CitigroupUpgrade Neutral -> Buy
2024-05-31Stephens & Co.Reiterate Equal-Weight -> Equal-Weight
2024-05-31JP MorganUpgrade Underweight -> Neutral

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 27, 2026
Period
Q2 / 2026
EPS Estimate
$0.36
Revenue Estimate
2.984B
Revenue Q2Q
2.94%
EPS Q2Q
3.27%
Number of Analysts
10

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-0.86%
EPS (1 Month)
0.00%
EPS (3 Months)
0.14%

Next Earnings Summary

HRL is expected to report earnings on 5/27/2026. The consensus EPS estimate for the next earnings is 0.36 USD and the consensus revenue estimate is 2.98B USD.
The next earnings revenue estimate has been revised downward by 0.86% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2030

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
HRL revenue by date.HRL revenue by date.
12.11B
-2.80%		11.921B
-1.56%		12.106B
1.55%		12.435B
2.72%		12.662B
1.83%		12.965B
2.39%		13.227B
2.02%		13.496B
2.03%
EBITDA
YoY % growth
HRL ebitda by date.HRL ebitda by date.
1.311B
-15.35%		1.275B
-2.78%		1.225B
-3.93%		1.377B
12.45%		1.458B
5.88%		1.471B
0.89%		1.77B
20.33%		N/A
EBIT
YoY % growth
HRL ebit by date.HRL ebit by date.
1.058B
-17.75%		1.017B
-3.86%		960.657M
-5.53%		1.113B
15.86%		1.191B
7.01%		1.262B
5.96%		1.44B
14.10%		1.96B
36.11%
Operating Margin
HRL operating margin by date.HRL operating margin by date.
8.73%8.53%7.94%8.95%9.41%9.73%10.89%14.52%
EPS
YoY % growth
HRL eps by date.HRL eps by date.
1.62
-11.48%		1.58
-2.47%		1.37
-13.29%		1.49
9.04%		1.60
7.07%		1.71
6.87%		1.67
-2.51%		1.81
8.48%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		0.36
3.27%		0.38
8.65%		0.41
28.74%		0.38
12.14%		0.38
5.69%		0.40
5.58%		0.45
8.18%		0.42
11.26%		0.41
8.39%		0.43
8.18%		0.46
4.25%
Revenue
Q2Q % growth		2.984B
2.94%		3.094B
2.02%		3.267B
2.55%		3.086B
1.94%		3.039B
1.84%		3.149B
1.78%		3.385B
3.61%		3.167B
2.62%		3.06B
0.69%		3.209B
1.91%		3.424B
1.15%
EBITDA
Q2Q % growth		337.69M
-10.99%		348.18M
-20.44%		378.05M
-23.47%		350.55M
20.52%		354.41M
4.95%		366.78M
5.34%		404.35M
6.96%		375.72M
7.18%		365.62M
3.16%		380.77M
3.81%		399.96M
-1.09%
EBIT
Q2Q % growth		270.15M
8.25%		275.36M
13.27%		296.94M
29.06%		278.25M
24.35%		283.17M
4.82%		297.14M
7.91%		331.15M
11.52%		308.05M
10.71%		297.95M
5.22%		313.1M
5.37%		332.29M
0.34%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

HRL Yearly Revenue VS EstimatesHRL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B 8B 10B
HRL Yearly EPS VS EstimatesHRL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0.5 1 1.5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
7.66%
EPS Next 5 Year
5.70%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
1.86%
Revenue Next 5 Year
1.92%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
13.09%
EBIT Next 5 Year
14.86%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

HORMEL FOODS CORP / HRL Forecast FAQ

What is the price target for HRL stock?

15 analysts have analysed HRL and the average price target is 28.35 USD. This implies a price increase of 33.78% is expected in the next year compared to the current price of 21.19.

Can you provide the upcoming earnings date for HORMEL FOODS CORP?

HORMEL FOODS CORP (HRL) will report earnings on 2026-05-27, before the market open.

Can you provide the consensus estimates for HORMEL FOODS CORP next earnings?

The consensus EPS estimate for the next earnings of HORMEL FOODS CORP (HRL) is 0.36 USD and the consensus revenue estimate is 2.98B USD.

What is the expected long term growth rate for HRL stock?

The expected long term growth rate for HORMEL FOODS CORP (HRL) is 1.86%.