Are Wall Street Analysts Predicting Hormel Foods Stock Will Climb or Sink?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 16 2025
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Source: NASDAQ.COM
Company Overview and Performance: Hormel Foods Corporation, valued at $16.6 billion, has seen its shares decline 15.3% over the past year, underperforming both the S&P 500 Index and the First Trust Nasdaq Food & Beverage ETF. The company reported mixed Q1 earnings with a revenue increase but a significant drop in adjusted EPS.
Analyst Ratings and Future Outlook: Analysts maintain a consensus "Hold" rating on HRL, with recent upgrades suggesting potential upside. The company expects organic net sales growth of 1% to 3% for fiscal 2025, while current EPS projections indicate a modest year-over-year growth of 1.9%.
Analyst Views on FTXG
Wall Street analysts forecast FTXG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FTXG is USD with a low forecast of USD and a high forecast of 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.
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Current: 21.849
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Current: 21.849
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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.
