JPMorgan Chase & Co. Lowers Kraft Heinz (NASDAQ:KHC) Price Target to $21.00

Key Points

• JPMorgan cut its price target on Kraft Heinz from $22 to $21 and kept an "underweight" rating, implying roughly a 1.85% downside from the stock's then-current price.
• Analyst consensus is a "Reduce" with a $24.61 consensus target and coverage skewed toward cautious views (1 Strong Buy, 14 Hold, 6 Sell).
• Kraft Heinz's latest quarter showed a beat on EPS ($0.67 vs. $0.61) but a slight revenue miss and a negative net margin; management guided FY2026 EPS of $1.98–2.10 versus analysts' ~2.68 estimate.

Kraft Heinz (NASDAQ:KHC - Get Free Report) had its price objective dropped by equities research analysts at JPMorgan Chase & Co. from $22.00 to $21.00 in a research report issued on Wednesday,Benzinga reports. The brokerage currently has an "underweight" rating on the stock. JPMorgan Chase & Co.'s target price would suggest a potential downside of 1.85% from the stock's current price.

A number of other equities analysts have also commented on KHC. BNP Paribas Exane dropped their price objective on Kraft Heinz from $22.00 to $20.00 and set an "underperform" rating on the stock in a research note on Thursday, February 12th. Barclays lifted their price target on Kraft Heinz from $24.00 to $25.00 and gave the stock an "equal weight" rating in a research report on Thursday, February 12th. Sanford C. Bernstein increased their price objective on Kraft Heinz from $24.00 to $27.00 and gave the company a "market perform" rating in a research report on Thursday, February 12th. Jefferies Financial Group dropped their target price on shares of Kraft Heinz from $24.00 to $23.00 and set a "hold" rating on the stock in a research report on Tuesday, January 20th. Finally, Wells Fargo & Company reduced their price target on shares of Kraft Heinz from $25.00 to $23.00 and set an "equal weight" rating for the company in a report on Thursday, March 12th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Hold rating and six have given a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Reduce" and a consensus target price of $24.61.

Kraft Heinz Stock Up 0.4%

Shares of NASDAQ KHC traded up $0.08 during mid-day trading on Wednesday, reaching $21.40. 3,225,231 shares of the company traded hands, compared to its average volume of 16,759,711. The company's fifty day moving average is $23.70 and its two-hundred day moving average is $24.54. Kraft Heinz has a fifty-two week low of $21.03 and a fifty-two week high of $31.15. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 1.15. The stock has a market cap of $25.33 billion, a PE ratio of -4.34 and a beta of 0.06.

Kraft Heinz (NASDAQ:KHC - Get Free Report) last announced its earnings results on Wednesday, February 11th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.61 by $0.06. Kraft Heinz had a negative net margin of 23.44% and a positive return on equity of 7.07%. The firm had revenue of $6.35 billion for the quarter, compared to the consensus estimate of $6.38 billion. During the same quarter last year, the firm posted $0.84 EPS. The business's quarterly revenue was down 3.4% on a year-over-year basis. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. On average, analysts expect that Kraft Heinz will post 2.68 earnings per share for the current year.

Insider Activity at Kraft Heinz

In other Kraft Heinz news, insider Cory Onell sold 4,991 shares of the business's stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $24.34, for a total transaction of $121,480.94. Following the sale, the insider directly owned 197,463 shares of the company's stock, valued at $4,806,249.42. The trade was a 2.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 0.35% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of KHC. Jessup Wealth Management Inc bought a new position in shares of Kraft Heinz in the 4th quarter valued at $27,000. Reflection Asset Management acquired a new position in shares of Kraft Heinz during the fourth quarter valued at about $28,000. DV Equities LLC bought a new position in shares of Kraft Heinz during the 4th quarter worth about $29,000. Key Capital Management INC bought a new stake in Kraft Heinz in the 4th quarter valued at about $29,000. Finally, New England Capital Financial Advisors LLC increased its stake in Kraft Heinz by 70.2% during the 4th quarter. New England Capital Financial Advisors LLC now owns 1,239 shares of the company's stock valued at $30,000 after purchasing an additional 511 shares in the last quarter. Institutional investors and hedge funds own 78.17% of the company's stock.

Kraft Heinz Company Profile

The Kraft Heinz Company NASDAQ: KHC is a global food and beverage company formed in 2015 through the merger of Kraft Foods Group and H.J. Heinz Company. The combination created one of the largest packaged-food companies in the world, built around well-known consumer brands. The merger was supported by major investors and established a multi-national platform for branded food products.

Kraft Heinz develops, manufactures, markets and distributes a broad portfolio of branded packaged foods and condiments.

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