Hormel Foods (HRL) Stock Forecast & Price Target

$19.92 -0.27 (-1.31%)

Closing price 05/13/2026 03:59 PM Eastern

Extended Trading

$19.98 +0.07 (+0.33%)

As of 05/13/2026 07:53 PM Eastern

Compare

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

Consensus Rating

Hold

Based on 9 Analyst Ratings

Sell
1

Hold
6

Buy
2

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, 6 have given a hold rating, and 2 have given a buy rating for HRL.

Consensus Price Target

$27.00
35.58% Upside

According to the 9 analysts' twelve-month price targets for Hormel Foods, the average price target is $27.00. The highest price target for HRL is $30.00, while the lowest price target for HRL is $23.00. The average price target represents a forecasted upside of 35.58% from the current price of $19.92.

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

Type	Current Forecast 5/14/25 to 5/14/26	1 Month Ago 4/14/25 to 4/14/26	3 Months Ago 2/13/25 to 2/13/26	1 Year Ago 5/14/24 to 5/14/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	3 Buy rating(s)	1 Buy rating(s)
Hold	6 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	$27.00	$27.00	$27.43	$32.33
Forecasted Upside	35.58% Upside	30.06% Upside	15.37% Upside	10.58% Upside
Consensus Rating	Hold	Hold	Hold	Hold

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.

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.

Hormel Foods Stock vs. The Competition

Type	Hormel Foods	Consumer Staples Companies	Broader Market
Consensus Rating Score	2.11	2.13	2.52
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	35.58% Upside	672.66% Upside	17.11% Upside
News Sentiment Rating	Positive News See Recent HRL News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
4/21/2026	Weiss Ratings Not Rated		Reiterated Rating	Sell (D+)
4/9/2026	JPMorgan Chase & Co. 3 of 5 stars	Thomas Palmer Not Rated	Reiterated Rating	Overweight ➝ Neutral	$28.00 ➝ $23.00	+6.27%
2/27/2026	Stephens 3 of 5 stars	Pooran Sharma Not Rated	Boost Target	Equal Weight	$25.00 ➝ $27.00	+5.57%
12/29/2025	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Strong Sell ➝ Hold
12/9/2025	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Benjamin Theurer Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target	Overweight	$31.00 ➝ $30.00	+25.81%
12/5/2025	Piper Sandler Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Michael Lavery Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Neutral	$25.00 ➝ $26.00	+7.64%
12/5/2025	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Peter Galbo Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$25.00 ➝ $26.00	+7.64%
10/30/2025	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Adam Samuelson Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target	Buy	$31.00 ➝ $27.00	+24.96%
5/27/2025	BNP Paribas Exane Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Underperform ➝ Neutral	$30.00	+1.80%
11/19/2024	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	T. Palmer Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$36.00 ➝ $35.00	+18.89%
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Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 02:55 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 Wednesday, May 13, 2026. Please send any questions or comments about these Hormel Foods pros and cons to contact@marketbeat.com.

Hormel Foods
Bull Case

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

The current stock price is around $22.37, which may present a buying opportunity for investors looking for value in the food sector.
The company recently reported earnings that exceeded analysts' expectations, indicating strong financial performance and potential for growth.
Hormel Foods Co. has a solid dividend yield of approximately 5.8%, providing a steady income stream for investors.
With a return on equity of 9.38%, the company demonstrates effective management and profitability, which can be attractive to 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

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

The company has a high dividend payout ratio of 131.46%, which may raise concerns about sustainability and the ability to maintain dividends in the future.
Despite beating earnings estimates, Hormel Foods Co. reported revenue that fell short of expectations, indicating potential challenges in meeting market demands.
The debt-to-equity ratio of 0.36 suggests that the company is relatively low in debt, but any increase in leverage could pose risks to financial stability.
Market volatility and changing consumer preferences in the food industry could impact Hormel Foods Co.'s performance and growth prospects.
Institutional ownership stands at 40.99%, which may indicate a lack of confidence among larger investors in the company's future performance.

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 $27.00, with a high forecast of $30.00 and a low forecast of $23.00.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hormel Foods in the last year. There is currently 1 sell rating, 6 hold ratings and 2 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 35.58% based on their 12-month stock forecasts.

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

Analysts like Hormel Foods less than other "consumer staples" companies. The consensus rating score for Hormel Foods is 2.11 while the average consensus rating score for "consumer staples" companies is 2.13. Learn more on how HRL compares to other companies.

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This page (NYSE:HRL) was last updated on 5/14/2026 by MarketBeat.com Staff.

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Hormel Foods (HRL) Stock Forecast & Price Target

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

Consensus Rating

Consensus Price Target

HRL Analyst Ratings Over Time

HRL Analyst Recommendations By Month

HRL Price Targets by Month

Hormel Foods Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

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

Hormel Foods
Bull Case

Hormel Foods
Bear Case

HRL Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Hormel Foods Recommendations

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Hormel Foods (HRL) Stock Forecast & Price Target

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

Consensus Rating

Consensus Price Target

HRL Analyst Ratings Over Time

HRL Analyst Recommendations By Month

HRL Price Targets by Month

Hormel Foods Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

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

Hormel Foods Bull Case

Hormel Foods Bear Case

HRL Forecast - Frequently Asked Questions

What is Hormel Foods' forecast for 2026?

Should I buy or sell Hormel Foods stock right now?

Does Hormel Foods's stock price have much upside?

What analysts cover Hormel Foods?

Do Wall Street analysts like Hormel Foods more than its competitors?

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Hormel Foods Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Hormel Foods
Bull Case

Hormel Foods
Bear Case