Hormel Foods projects strong profit growth for 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 04 Dec 25
Source: Business Insider
Hormel Foods Corp's stock rose by 5.84% as it reached a 20-day high, reflecting positive investor sentiment following its optimistic profit forecast for fiscal 2026.
The company anticipates adjusted earnings per share between $1.43 and $1.51, exceeding analysts' expectations, and expects annual net sales to range from $12.2 billion to $12.5 billion, indicating sustained demand for its products.
This positive outlook, coupled with a commitment to cost-cutting initiatives, positions Hormel Foods favorably in a challenging market environment, potentially enhancing shareholder value.
Analyst Views on HRL
Wall Street analysts forecast HRL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HRL is 27.40 USD with a low forecast of 26.00 USD and a high forecast of 30.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
3 Buy
2 Hold
0 Sell
Moderate Buy
Current: 24.600
Low
26.00
Averages
27.40
High
30.00
Current: 24.600
Low
26.00
Averages
27.40
High
30.00
About HRL
Hormel Foods Corporation is a global-branded food company. The Company develops, processes, and distributes a range of food products in a variety of markets. Its segments include Retail, Foodservice, and International. The Retail segment is primarily engaged in the processing, marketing, and sale of food products sold predominantly in the retail market. This segment also includes the Company’s MegaMex Foods, LLC joint venture. The Foodservice segment consists primarily of the processing, marketing, and sale of food products to foodservice, convenience store, and commercial customers located in the United States. The International segment processes, markets, and sells its products internationally. This segment also includes the results from the Company’s international joint ventures, international equity method investments, and international royalty arrangements. It has a global presence within several major international markets, including Australia, Brazil, Canada, China, and England.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
