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Hormel Foods (HRL) Stock Forecast & Price Target

Hormel Foods logo
$21.10 +0.35 (+1.66%)
Closing price 05/21/2026 03:59 PM Eastern
Extended Trading
$21.02 -0.08 (-0.38%)
As of 04:43 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

Hormel Foods - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
1
Hold
5
Buy
3

Based on 9 Wall Street analysts who have issued ratings for Hormel Foods in the last 12 months, the stock has a consensus rating of "Hold." Out of the 9 analysts, 1 has given a sell rating, 5 have given a hold rating, and 3 have given a buy rating for HRL.

Consensus Price Target

$26.00
23.19% Upside
According to the 9 analysts' twelve-month price targets for Hormel Foods, the average price target is $26.00. The highest price target for HRL is $30.00, while the lowest price target for HRL is $22.00. The average price target represents a forecasted upside of 23.19% from the current price of $21.11.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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HRL Analyst Ratings Over Time

TypeCurrent Forecast
5/22/25 to 5/22/26
1 Month Ago
4/22/25 to 4/22/26
3 Months Ago
2/21/25 to 2/21/26
1 Year Ago
5/22/24 to 5/22/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
3 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
1 Buy rating(s)
Hold
5 Hold rating(s)
6 Hold rating(s)
5 Hold rating(s)
3 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$26.00$27.00$27.43$32.33
Forecasted Upside23.19% Upside26.14% Upside9.69% Upside9.75% Upside
Consensus RatingHoldHoldHoldHold

HRL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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HRL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Hormel Foods Stock vs. The Competition

TypeHormel FoodsConsumer Staples CompaniesBroader Market
Consensus Rating Score
2.22
2.11
2.52
Consensus RatingHoldHoldModerate Buy
Predicted Upside23.19% Upside93.32% Upside15.96% Upside
News Sentiment Rating
Neutral News

See Recent HRL News
Neutral News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
5/21/2026 Set Target$25.00+21.17%
5/21/2026
Stephens logo
Stephens
2 of 5 stars
Pooran Sharma
Pooran Sharma
Not Rated
Set TargetEqual Weight$27.00 ➝ $22.00+6.63%
4/21/2026 Reiterated RatingSell (D+)
4/9/2026Reiterated RatingOverweightNeutral$28.00 ➝ $23.00+6.27%
12/29/2025 UpgradeStrong SellHold
12/9/2025Set TargetOverweight$31.00 ➝ $30.00+25.81%
12/5/2025Reiterated RatingNeutral$25.00 ➝ $26.00+7.64%
12/5/2025Boost TargetNeutral$25.00 ➝ $26.00+7.64%
5/27/2025 UpgradeUnderperformNeutral$30.00+1.80%
11/19/2024Lower TargetBuy$36.00 ➝ $35.00+18.89%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 04:55 AM ET.


Should I Buy Hormel Foods Stock? HRL Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, May 19, 2026. Please send any questions or comments about these Hormel Foods pros and cons to contact@marketbeat.com.

Hormel Foods
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Hormel Foods Co.:

  • The current stock price is around $21.55, which may present a buying opportunity for investors looking for value in the food sector.
  • Hormel Foods Co. recently reported earnings that exceeded analysts' expectations, indicating strong financial performance and potential for growth.
  • The company has a solid dividend yield of approximately 5.4%, providing a steady income stream for investors.
  • With a return on equity of 9.38%, Hormel Foods Co. demonstrates effective management of shareholder equity, which can be a positive indicator for potential investors.
  • The firm has shown a year-over-year revenue increase of 1.3%, suggesting resilience and the ability to grow even in challenging market conditions.

Hormel Foods
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Hormel Foods Co. for these reasons:

  • The company's dividend payout ratio is currently at 131.46%, which indicates that it is paying out more in dividends than it is earning, raising concerns about sustainability.
  • Despite a slight revenue increase, the company did not meet its revenue expectations, which could signal potential challenges in maintaining growth.
  • Hormel Foods Co. has a relatively high price-to-earnings ratio of 24.21, suggesting that the stock may be overvalued compared to its earnings.
  • The stock has experienced significant fluctuations, with a twelve-month low of $20.32, indicating volatility that may deter risk-averse investors.
  • Institutional ownership stands at 40.99%, which may limit the stock's potential for upward movement if large investors decide to sell.

HRL Forecast - Frequently Asked Questions

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Hormel Foods is $26.00, with a high forecast of $30.00 and a low forecast of $22.00.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hormel Foods in the last year. There is currently 1 sell rating, 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HRL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HRL, but not buy additional shares or sell existing shares.

According to analysts, Hormel Foods's stock has a predicted upside of 23.19% based on their 12-month stock forecasts.

Hormel Foods has been rated by research analysts at JPMorgan Chase & Co., Stephens, The Goldman Sachs Group, and Weiss Ratings in the past 90 days.

Analysts like Hormel Foods more than other "consumer staples" companies. The consensus rating score for Hormel Foods is 2.22 while the average consensus rating score for "consumer staples" companies is 2.11. Learn more on how HRL compares to other companies.


This page (NYSE:HRL) was last updated on 5/22/2026 by MarketBeat.com Staff.
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