Mondelez International (NASDAQ:MDLZ) Sets New 52-Week High on Better-Than-Expected Earnings

Key Points

• Mondelez shares reached a new 52-week high after the company reported adjusted EPS of $0.78, beating the $0.71 consensus estimate. The stock traded as high as $67.00.
• Quarterly revenue rose 2.3% year over year to $9.97 billion, essentially matching expectations, while cost-cutting, volume growth and stronger emerging-market and European results supported margins.
• Analysts remain broadly positive: 16 rate the stock a Buy and 10 a Hold, producing a “Moderate Buy” consensus and an average price target of $69.05, though modest organic growth and ongoing profit pressures remain risks.

Mondelez International, Inc. (NASDAQ:MDLZ - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Friday following a stronger than expected earnings report. The stock traded as high as $67.00 and last traded at $65.0180, with a volume of 205,921 shares changing hands. The stock had previously closed at $62.53.

The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.71 by $0.07. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%. The business had revenue of $9.97 billion for the quarter, compared to the consensus estimate of $9.98 billion. During the same quarter in the prior year, the business posted $0.73 earnings per share. The firm's quarterly revenue was up 2.3% compared to the same quarter last year.

More Mondelez International News

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

• Positive Sentiment: Adjusted earnings beat estimates: Adjusted EPS rose 5.5% on a constant-currency basis to $0.78, above analysts’ expectations of approximately $0.71–$0.72 and ahead of $0.73 a year earlier. Reported diluted EPS increased 78.9% to $1.02. Cost-cutting initiatives helped support profitability. Reuters earnings report
• Positive Sentiment: Broad-based sales and margin momentum: Net revenue increased 2.3% year over year to $9.97 billion, while organic revenue rose 2.1% and volume/mix improved 1.8%. Stronger performance in emerging markets and Europe, along with improved margins, helped offset softer conditions in some developed markets. Mondelez Q3 2026 results
• Positive Sentiment: Healthy cash generation and shareholder returns: Year-to-date operating cash flow reached $2.6 billion and free cash flow totaled $1.7 billion. Mondelez returned $2.8 billion to shareholders through the first three quarters, supporting the investment case. MarketScreener earnings results
• Neutral Sentiment: Revenue was essentially in line with expectations: The $9.97 billion result was close to the $9.98 billion consensus, meaning the market’s favorable reaction was driven primarily by the earnings beat, cost controls and volume growth rather than an upside sales surprise. Mondelez Q3 sales report
• Negative Sentiment: Profit pressures remain: Although quarterly adjusted EPS improved, coverage noted that profit remains down for the year, and relatively modest organic sales growth leaves Mondelez exposed to consumer demand, pricing and input-cost risks. Adjusted EPS and annual profit report

Wall Street Analyst Weigh In

A number of analysts have commented on MDLZ shares. The Goldman Sachs Group restated a "buy" rating and set a $75.00 price target on shares of Mondelez International in a research note on Friday. JPMorgan Chase & Co. reduced their target price on shares of Mondelez International from $72.00 to $71.00 and set an "overweight" rating for the company in a research report on Friday, October 16th. BNP Paribas Exane increased their price target on Mondelez International from $68.00 to $70.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 29th. HSBC upped their price target on shares of Mondelez International from $71.00 to $72.00 and gave the company a "buy" rating in a research note on Wednesday, July 29th. Finally, Royal Bank Of Canada reissued an "outperform" rating and issued a $66.00 price target on shares of Mondelez International in a report on Monday. Sixteen analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $69.05.

Insider Buying and Selling

In other Mondelez International news, CEO Dirk Van de Put sold 133,580 shares of the 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. This trade represents a 9.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.45% of the company's stock.

Institutional Trading of Mondelez International

Several large investors have recently added to or reduced their stakes in MDLZ. Deutsche Bank AG increased its holdings in Mondelez International by 1.1% during the second quarter. Deutsche Bank AG now owns 13,016,006 shares of the company's stock valued at $752,846,000 after buying an additional 140,351 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Mondelez International by 10.8% during the first quarter. Dimensional Fund Advisors LP now owns 9,435,171 shares of the company's stock worth $543,900,000 after buying an additional 916,235 shares during the period. Bank of New York Mellon Corp lifted its holdings in Mondelez International by 1.3% during the first quarter. Bank of New York Mellon Corp now owns 8,458,056 shares of the company's stock worth $487,522,000 after buying an additional 106,636 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Mondelez International by 0.7% during the second quarter. Envestnet Asset Management Inc. now owns 3,777,181 shares of the company's stock worth $218,472,000 after buying an additional 25,926 shares during the period. Finally, Swiss National Bank boosted its position in Mondelez International by 6.8% during the 1st quarter. Swiss National Bank now owns 3,786,924 shares of the company's stock valued at $218,278,000 after acquiring an additional 241,100 shares in the last quarter. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Price Performance

The company has a current ratio of 0.60, a quick ratio of 0.40 and a debt-to-equity ratio of 0.62. The firm has a market cap of $83.07 billion, a P/E ratio of 24.07, a PEG ratio of 2.40 and a beta of 0.38. The firm has a 50-day simple moving average of $61.78 and a 200-day simple moving average of $60.29.

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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