Hormel Foods (HRL) Stock Forecast & Price Target

$30.38 +0.23 (+0.75%)

Closing price 06/20/2025 03:59 PM Eastern

Extended Trading

$30.40 +0.01 (+0.05%)

As of 06/20/2025 05:00 PM Eastern

Hormel Foods - Analysts' Recommendations and Stock Price Forecast (2025)

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.

Consensus Rating

Moderate Buy

Based on 6 Analyst Ratings

Sell
0

Hold
4

Buy
2

Based on 6 Wall Street analysts who have issued ratings for Hormel Foods in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 6 analysts, 4 have given a hold rating, 1 has given a buy rating, and 1 has given a strong buy rating for HRL.

Consensus Price Target

$32.50
6.96% Upside

According to the 6 analysts' twelve-month price targets for Hormel Foods, the average price target is $32.50. The highest price target for HRL is $36.00, while the lowest price target for HRL is $28.00. The average price target represents a forecasted upside of 6.96% from the current price of $30.39.

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HRL Analyst Ratings Over Time

Type	Current Forecast 6/22/24 to 6/22/25	1 Month Ago 5/23/24 to 5/23/25	3 Months Ago 3/24/24 to 3/24/25	1 Year Ago 6/23/23 to 6/22/24
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	0 Buy rating(s)
Hold	4 Hold rating(s)	3 Hold rating(s)	2 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$32.50	$32.33	$31.80	$31.67
Forecasted Upside	6.96% Upside	9.72% Upside	8.59% Upside	3.35% Upside
Consensus Rating	Moderate Buy	Hold	Hold	Reduce

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	S&P 500
Consensus Rating Score	2.50	2.54	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	6.96% Upside	60.45% Upside	14.88% 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 to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
5/27/2025	BNP Paribas 4 of 5 stars	M. Gumport Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong Sell ➝ Hold
5/27/2025	BNP Paribas Exane 0 of 5 stars		Upgrade	Underperform ➝ Neutral	$30.00	+1.80%
5/22/2025	Stephens 4 of 5 stars	Pooran Sharma Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Equal Weight ➝ Equal Weight	$31.00 ➝ $31.00	+5.40%
4/15/2025	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Neutral	$29.00 ➝ $35.00	+14.57%
1/22/2025	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Theurer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
11/19/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	T. Palmer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$36.00 ➝ $35.00	+18.89%
5/31/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underweight ➝ Neutral	$28.00 ➝ $29.00	-5.81%
3/1/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sell ➝ Sell	$26.00 ➝ $28.00	-20.63%
1/12/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$31.00 ➝ $33.00	+4.36%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 01:53 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, June 17, 2025. 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 $30.68, which is near its 52-week high of $33.80, indicating strong market performance.
The company has a solid market capitalization of approximately $16.87 billion, reflecting its stability and growth potential in the food industry.
Hormel Foods Co. has a consistent dividend payout, with an annualized dividend of $1.16, providing a dividend yield of 3.78%, which can be attractive for income-focused investors.
With a low debt-to-equity ratio of 0.36, Hormel Foods Co. demonstrates a strong balance sheet, suggesting lower financial risk and greater financial flexibility.
The company reported a year-over-year revenue increase of 0.3%, showcasing its 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’s earnings per share (EPS) for the latest quarter was $0.35, which is a decrease from $0.38 in the same quarter last year, indicating potential challenges in profitability.
Analysts have mixed ratings on the stock, with several maintaining a "hold" rating, suggesting uncertainty about future performance.
The stock has a relatively high P/E ratio of 21.01, which may indicate that it is overvalued compared to its earnings, potentially limiting upside for new investors.
Hormel Foods Co. has a dividend payout ratio of 85.29%, which is quite high and may limit the company’s ability to reinvest in growth opportunities.
Recent insider selling activity, including a director selling 4,500 shares, may raise concerns about the confidence of insiders in the company's future performance.

HRL Forecast - Frequently Asked Questions

: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Hormel Foods is $32.50, with a high forecast of $36.00 and a low forecast of $28.00.
: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hormel Foods in the last twelve months. There are currently 4 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" HRL shares.
: According to analysts, Hormel Foods's stock has a predicted upside of 6.96% based on their 12-month stock forecasts.
: Over the previous 90 days, Hormel Foods's stock had 3 upgrades by analysts.
: Hormel Foods has been rated by research analysts at Bank of America, BNP Paribas, BNP Paribas Exane, and Stephens in the past 90 days.
: Analysts like Hormel Foods less than other "consumer staples" companies. The consensus rating score for Hormel Foods is 2.50 while the average consensus rating score for "consumer staples" companies is 2.54. Learn more on how HRL compares to other companies.

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This page (NYSE:HRL) was last updated on 6/22/2025 by MarketBeat.com Staff

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Hormel Foods (HRL) Stock Forecast & Price Target