Mondelez International (NASDAQ:MDLZ) Stock Gets Price Target Boost from Wells Fargo & Company

Key Points

• Wells Fargo raised Mondelez’s price target from $65 to $68 and maintained an “overweight” rating, implying approximately 4.9% upside from the reported share price.
• Analyst sentiment remains favorable, with 16 Buy ratings and 10 Holds, producing a “Moderate Buy” consensus and an average target price of $69.18.
• Mondelez exceeded quarterly EPS expectations at $0.78 versus $0.71 estimated, while revenue rose 2.3% to $9.97 billion but came in slightly below consensus. Cost savings and stronger margins supported earnings despite modest top-line growth.

Mondelez International (NASDAQ:MDLZ - Get Free Report) had its target price raised by research analysts at Wells Fargo & Company from $65.00 to $68.00 in a research note issued on Friday, Benzinga reports. The firm presently has an "overweight" rating on the stock. Wells Fargo & Company's price objective suggests a potential upside of 4.93% from the stock's current price.

A number of other research analysts have also issued reports on the stock. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Mondelez International from $58.00 to $60.00 and gave the stock a "hold" rating in a research note on Wednesday, July 29th. Jefferies Financial Group restated a "buy" rating and issued a $73.00 price objective (up from $70.00) on shares of Mondelez International in a research report on Wednesday, July 29th. The Goldman Sachs Group reaffirmed a "buy" rating and issued a $75.00 price objective on shares of Mondelez International in a report on Friday. Weiss Ratings upgraded Mondelez International from a "hold (c-)" rating to a "hold (c)" rating in a research report on Monday, August 3rd. Finally, HSBC increased their target price on Mondelez International from $71.00 to $72.00 and gave the stock a "buy" rating in a research note on Wednesday, July 29th. Sixteen analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, Mondelez International currently has an average rating of "Moderate Buy" and a consensus target price of $69.18.

Mondelez International Stock Performance

Shares of MDLZ stock traded up $2.28 during midday trading on Friday, hitting $64.81. The company had a trading volume of 5,466,259 shares, compared to its average volume of 9,115,586. The stock has a market cap of $82.71 billion, a price-to-earnings ratio of 23.81, a PEG ratio of 2.40 and a beta of 0.38. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.60 and a quick ratio of 0.40. The company's 50 day simple moving average is $61.78 and its 200 day simple moving average is $60.29. Mondelez International has a 52-week low of $51.20 and a 52-week high of $66.65.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The company reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.71 by $0.07. The firm had revenue of $9.97 billion for the quarter, compared to analyst estimates of $9.98 billion. Mondelez International had a net margin of 8.86% and a return on equity of 14.07%. Mondelez International's quarterly revenue was up 2.3% on a year-over-year basis. During the same period last year, the firm posted $0.73 EPS. Research analysts anticipate that Mondelez International will post 3.05 earnings per share for the current fiscal year.

Insider Transactions at Mondelez International

In other Mondelez International news, CEO Dirk Van de Put sold 133,580 shares of the business's stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $64.08, for a total transaction of $8,559,806.40. Following the sale, the chief executive officer directly owned 1,326,488 shares in the company, valued at approximately $85,001,351.04. The trade was a 9.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.45% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. First Nebraska Trust Co acquired a new position in shares of Mondelez International in the third quarter worth about $705,000. Signature Equity Partners LLC increased its holdings in Mondelez International by 10.0% during the 3rd quarter. Signature Equity Partners LLC now owns 3,278 shares of the company's stock worth $190,000 after purchasing an additional 299 shares during the last quarter. XML Financial LLC increased its holdings in Mondelez International by 6.0% during the 3rd quarter. XML Financial LLC now owns 14,222 shares of the company's stock worth $822,000 after purchasing an additional 801 shares during the last quarter. Ridgepath Capital Management LLC increased its holdings in Mondelez International by 0.8% during the 3rd quarter. Ridgepath Capital Management LLC now owns 19,631 shares of the company's stock worth $1,135,000 after purchasing an additional 165 shares during the last quarter. Finally, Trek Financial LLC raised its position in shares of Mondelez International by 21.6% in the 3rd quarter. Trek Financial LLC now owns 42,067 shares of the company's stock valued at $2,432,000 after purchasing an additional 7,462 shares in the last quarter. Hedge funds and other institutional investors own 78.32% of the company's stock.

Mondelez International News Summary

Here are the key news stories impacting Mondelez International this week:

• Positive Sentiment: Adjusted earnings beat expectations: Mondelez reported adjusted EPS of $0.78, up 5.5% on a constant-currency basis from the prior year and above Wall Street estimates of roughly $0.71-$0.72. Lower costs and stronger margins helped offset pressure elsewhere. Mondelez Beats Q3 Earnings Estimates
• Positive Sentiment: Broad-based volume growth and regional strength: Organic revenue rose 2.1%, with volume/mix up 1.8%. Stronger European sales and growth in emerging markets, including markets outside Mondelez’s core North American and European businesses, supported the quarter. Mondelez Profit, Sales Rise on Emerging Market Growth
• Positive Sentiment: Cash generation and shareholder returns remained strong: Year-to-date operating cash flow was $2.6 billion, free cash flow was $1.7 billion, and the company returned $2.8 billion to shareholders through the third quarter. Management also reaffirmed its 2026 outlook, reducing concerns about a near-term guidance cut. Mondelēz International Reports Q3 2026 Results
• Neutral Sentiment: Revenue growth was modest: Reported revenue increased 2.3% to approximately $9.97 billion, essentially matching but slightly below consensus estimates. The sales miss was tempered by volume gains and the earnings beat. Mondelez Beats Third-Quarter Profit Estimates on Cost-Cutting Boost
• Negative Sentiment: Profitability remains a watch point: Although adjusted EPS improved, reported results included uneven year-to-date profit performance, and the revenue miss highlights continued challenges in driving top-line growth. Future upside may depend on sustaining cost savings without weakening demand.

Mondelez International Company Profile

Mondelez International, Inc NASDAQ: MDLZ is a global snack-food company that develops, manufactures, markets and sells branded products in categories including biscuits, chocolate, baked snacks, cheese and grocery items. Its portfolio includes well-known brands such as Oreo, Ritz, Chips Ahoy!, belVita, CLIF, Cadbury, Milka, Toblerone and Trident.

The company sells its products through retailers, wholesalers, e-commerce channels and other distribution networks. Mondelez serves consumers in more than 150 countries, with operations and brands tailored to markets across North America, Latin America, Europe, Asia, the Middle East and Africa.

Mondelez was formed in 2012 when Kraft Foods separated its global snack-food business from its North American grocery operations.

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