BTIG Research Begins Coverage on Mondelez International (NASDAQ:MDLZ)

Key Points

• BTIG Research initiated coverage of Mondelez International (NASDAQ:MDLZ) with a Buy rating and a $70 price target, implying about a 21.36% upside from the prior close.
• Analyst consensus is a Moderate Buy (14 Buy, 9 Hold) with a consensus target of $66.47, while several brokers have recently adjusted targets (e.g., Morgan Stanley to $70, JPMorgan to $67).
• Mondelez topped quarterly estimates with $0.72 EPS vs. $0.70 expected and $10.50B revenue vs. $10.32B expected (revenue +9.3% y/y), and set FY2026 guidance of 2.920–3.070 EPS (street ~2.9).

Research analysts at BTIG Research started coverage on shares of Mondelez International (NASDAQ:MDLZ - Get Free Report) in a report issued on Tuesday. The brokerage set a "buy" rating and a $70.00 price target on the stock. BTIG Research's price objective points to a potential upside of 21.36% from the stock's previous close.

A number of other equities research analysts also recently weighed in on MDLZ. Morgan Stanley lifted their target price on Mondelez International from $66.00 to $70.00 and gave the stock an "overweight" rating in a report on Monday, March 16th. Sanford C. Bernstein dropped their target price on Mondelez International from $75.00 to $73.00 and set an "outperform" rating for the company in a report on Wednesday, February 18th. JPMorgan Chase & Co. dropped their target price on Mondelez International from $69.00 to $67.00 and set an "overweight" rating for the company in a report on Wednesday, February 4th. Piper Sandler raised their price target on Mondelez International from $62.00 to $64.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 4th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Mondelez International in a research report on Friday, January 9th. Fourteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $66.47.

Mondelez International Stock Down 2.2%

MDLZ opened at $57.68 on Tuesday. Mondelez International has a fifty-two week low of $51.20 and a fifty-two week high of $71.15. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.39 and a current ratio of 0.59. The company has a market capitalization of $73.94 billion, a P/E ratio of 30.68, a P/E/G ratio of 2.51 and a beta of 0.37. The stock has a fifty day moving average of $58.67 and a 200-day moving average of $57.84.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last posted its earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share for the quarter, topping analysts' consensus estimates of $0.70 by $0.02. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The company had revenue of $10.50 billion during the quarter, compared to the consensus estimate of $10.32 billion. During the same quarter last year, the firm earned $0.65 earnings per share. The company's revenue was up 9.3% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. On average, equities analysts expect that Mondelez International will post 2.9 EPS for the current year.

Insider Transactions at Mondelez International

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of Mondelez International stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $62.00, for a total value of $186,000.00. Following the transaction, the executive vice president owned 99,596 shares in the company, valued at $6,174,952. The trade was a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.41% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of MDLZ. Brighton Jones LLC grew its position in Mondelez International by 92.4% in the fourth quarter. Brighton Jones LLC now owns 14,631 shares of the company's stock valued at $874,000 after acquiring an additional 7,025 shares during the last quarter. United Bank grew its holdings in shares of Mondelez International by 13.2% during the second quarter. United Bank now owns 26,263 shares of the company's stock worth $1,771,000 after purchasing an additional 3,070 shares during the last quarter. Sei Investments Co. grew its holdings in shares of Mondelez International by 15.1% during the second quarter. Sei Investments Co. now owns 547,519 shares of the company's stock worth $36,924,000 after purchasing an additional 71,667 shares during the last quarter. Osterweis Capital Management Inc. grew its holdings in shares of Mondelez International by 4,470.0% during the second quarter. Osterweis Capital Management Inc. now owns 1,371 shares of the company's stock worth $92,000 after purchasing an additional 1,341 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its holdings in shares of Mondelez International by 144.9% during the second quarter. Main Street Financial Solutions LLC now owns 7,890 shares of the company's stock worth $532,000 after purchasing an additional 4,668 shares during the last quarter. Institutional investors own 78.32% of the company's stock.

Mondelez International Company Profile

Mondelez International is a global snacks company headquartered in Chicago, Illinois, formed in 2012 when Kraft Foods split to create a business focused on snack foods and a separate North American grocery company. Mondelez develops, manufactures, markets and distributes a broad portfolio of snack products intended for retail, foodservice and e‑commerce channels around the world.

The company's product mix centers on biscuits and cookies, chocolate and confectionery, gum and candy, and savory crackers and baked snacks.

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