Lamb Weston (NYSE:LW) Stock Price Target Raised at JPMorgan Chase & Co.

Key Points

• JPMorgan raised Lamb Weston’s price target from $46 to $53 while maintaining a “neutral” rating, implying approximately 10.1% upside. The broader analyst consensus remains “Hold,” with an average target of $53.18.
• Lamb Weston exceeded quarterly expectations, reporting $0.75 EPS versus the $0.59 consensus and $1.67 billion in revenue versus $1.65 billion expected. The company also issued fiscal 2027 EPS guidance of $3.05–$3.35.
• The turnaround shows progress but remains uneven: North American sales and cost savings supported results, while GAAP net income fell 55% and international sales declined 8%. Institutional investors own approximately 89.6% of the company.

Lamb Weston (NYSE:LW - Get Free Report) had its price objective upped by analysts at JPMorgan Chase & Co. from $46.00 to $53.00 in a report issued on Wednesday, Benzinga reports. The firm presently has a "neutral" rating on the specialty retailer's stock. JPMorgan Chase & Co.'s target price suggests a potential upside of 10.10% from the company's current price.

Other analysts have also issued research reports about the stock. Wall Street Zen lowered shares of Lamb Weston from a "buy" rating to a "hold" rating in a research note on Saturday. Sanford C. Bernstein boosted their price objective on Lamb Weston from $42.00 to $57.00 and gave the stock a "market perform" rating in a research report on Tuesday, July 28th. TD Cowen raised their target price on Lamb Weston from $40.00 to $52.00 and gave the company a "hold" rating in a research report on Tuesday, July 28th. Wells Fargo & Company cut their price target on shares of Lamb Weston from $57.00 to $54.00 and set an "overweight" rating on the stock in a report on Wednesday. Finally, Weiss Ratings raised shares of Lamb Weston from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Tuesday, July 28th. Three analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, Lamb Weston has an average rating of "Hold" and an average price target of $53.18.

Lamb Weston Trading Up 0.5%

Shares of LW traded up $0.23 during trading hours on Wednesday, hitting $48.14. 1,725,832 shares of the stock were exchanged, compared to its average volume of 2,245,507. Lamb Weston has a fifty-two week low of $37.62 and a fifty-two week high of $67.07. The business has a 50-day moving average of $50.00 and a 200-day moving average of $46.00. The firm has a market capitalization of $6.62 billion, a P/E ratio of 23.15, a price-to-earnings-growth ratio of 1.99 and a beta of 0.49. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.42 and a quick ratio of 0.74.

Lamb Weston (NYSE:LW - Get Free Report) last posted its quarterly earnings results on Tuesday, October 6th. The specialty retailer reported $0.75 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.59 by $0.16. The firm had revenue of $1.67 billion for the quarter, compared to analysts' expectations of $1.65 billion. Lamb Weston had a return on equity of 23.33% and a net margin of 4.39%.The company's revenue for the quarter was up .7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.74 EPS. Lamb Weston has set its FY 2027 guidance at 3.050-3.350 EPS. On average, research analysts expect that Lamb Weston will post 3.06 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. CX Institutional boosted its holdings in shares of Lamb Weston by 162.7% in the 3rd quarter. CX Institutional now owns 34,674 shares of the specialty retailer's stock worth $1,446,000 after purchasing an additional 21,476 shares in the last quarter. State Street Corp grew its position in Lamb Weston by 6.4% during the second quarter. State Street Corp now owns 4,869,644 shares of the specialty retailer's stock valued at $210,271,000 after acquiring an additional 294,120 shares during the last quarter. MAC Alpha Capital Management LP grew its position in Lamb Weston by 5.8% during the second quarter. MAC Alpha Capital Management LP now owns 104,103 shares of the specialty retailer's stock valued at $4,496,000 after acquiring an additional 5,700 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of Lamb Weston by 13.1% during the second quarter. The Manufacturers Life Insurance Company now owns 36,968 shares of the specialty retailer's stock worth $1,596,000 after acquiring an additional 4,273 shares in the last quarter. Finally, Capstone Financial Advisors Inc. lifted its holdings in shares of Lamb Weston by 37.3% in the 2nd quarter. Capstone Financial Advisors Inc. now owns 18,389 shares of the specialty retailer's stock worth $794,000 after acquiring an additional 5,000 shares during the last quarter. Institutional investors own 89.56% of the company's stock.

More Lamb Weston News

Here are the key news stories impacting Lamb Weston this week:

• Positive Sentiment: Quarterly earnings beat expectations. Lamb Weston reported adjusted EPS of $0.75, exceeding the $0.59 analyst consensus, while revenue of $1.67 billion topped estimates by approximately $10 million. Revenue increased roughly 1% year over year. Lamb Weston Beats Q1 Expectations, Raises 2027 Outlook
• Positive Sentiment: Management raised fiscal 2027 guidance. The company now expects adjusted EPS of $3.05-$3.35, compared with a consensus estimate near $3.02, alongside low-single-digit sales growth and adjusted EBITDA of $1.125 billion-$1.215 billion. Lamb Weston Lifts Full-Year Guidance Amid Strong North American Performance
• Positive Sentiment: North America provided the key catalyst. Regional sales rose 5.2% to $1.14 billion, with stronger volume, resilient restaurant demand and cost savings supporting the outlook. Investors viewed the report as evidence that the company’s turnaround is gaining traction. Lamb Weston’s Turnaround Is Starting to Look Real
• Neutral Sentiment: Lamb Weston declared a quarterly dividend of $0.38 per share, or $1.52 annualized, representing a yield of approximately 3.2%.
• Negative Sentiment: Profitability remains uneven. GAAP net income fell 55% to $29 million, gross profit declined, and international sales dropped 8% to $528.9 million. Lower operating cash flow also remains a consideration, indicating that the recovery is not yet complete. Lamb Weston Raises Full-Year Outlook as North American Demand Offsets European Weakness

About Lamb Weston

Lamb Weston Holdings, Inc NYSE: LW is a global producer and marketer of frozen potato products. The company supplies French fries, potato wedges, hash browns, potato rounds, mashed potatoes and other specialty potato products to restaurants, foodservice distributors, retailers and food manufacturers.

Its product portfolio includes conventional and specialty frozen potato offerings, as well as sweet potato products and appetizer items. Lamb Weston sells products under its Lamb Weston and Grown in Idaho brands, while also providing private-label products for retail and foodservice customers.

The company's history dates to the 1950s, when it began producing frozen potato products in the Pacific Northwest.

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