Hormel Foods (HRL) Stock Forecast & Price Target

$24.33 +0.31 (+1.29%)

Closing price 08/18/2026 03:59 PM Eastern

Extended Trading

$24.39 +0.06 (+0.24%)

As of 04:06 AM Eastern

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

Consensus Rating

Hold

Based on 9 Analyst Ratings

Sell
0

Hold
7

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

Consensus Price Target

$26.57
9.21% Upside

According to the 9 analysts' twelve-month price targets for Hormel Foods, the average price target is $26.57. The highest price target for HRL is $30.00, while the lowest price target for HRL is $25.00. The average price target represents a forecasted upside of 9.21% from the current price of $24.33.

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 8/19/25 to 8/19/26	1 Month Ago 7/20/25 to 7/20/26	3 Months Ago 5/21/25 to 5/21/26	1 Year Ago 8/19/24 to 8/19/25
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)	2 Buy rating(s)	2 Buy rating(s)
Hold	7 Hold rating(s)	6 Hold rating(s)	6 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$26.57	$26.14	$27.00	$33.67
Forecasted Upside	9.21% Upside	3.29% Upside	27.93% Upside	18.70% Upside
Consensus Rating	Hold	Hold	Hold	Moderate Buy

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	2.22	2.24	2.53
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	9.21% Upside	142.95% Upside	12.58% 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
8/14/2026	JPMorgan Chase & Co. 3 of 5 stars	Thomas Palmer Not Rated	Boost Target	Neutral	$25.00 ➝ $26.00	+5.97%
8/12/2026	Weiss Ratings 5 of 5 stars		Upgrade	Sell (D+) ➝ Hold (C-)
7/14/2026	BNP Paribas Exane 5 of 5 stars	Max Gumport Not Rated	Boost Target	Neutral	$26.00 ➝ $27.00	+10.11%
7/9/2026	Stephens Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Pooran Sharma Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Equal Weight	$25.00	+2.95%
6/30/2026	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 ➝ $27.00	+7.21%
5/21/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$25.00	+21.17%
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%
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%
Get the Latest News and Ratings for HRL and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Hormel Foods and its competitors with MarketBeat's FREE daily newsletter.

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 05:07 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 Friday, August 14, 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 company recently reported earnings per share of $0.40, exceeding analysts' expectations, which indicates strong financial performance and potential for growth.
Hormel Foods Co. has shown a year-over-year revenue increase of 2.6%, suggesting resilience and the ability to grow even in challenging market conditions.
The current stock price is around $40, which may present a favorable entry point for investors looking for value in the food sector.
With a dividend yield of approximately 4.6%, Hormel Foods Co. offers attractive income potential for investors seeking regular cash flow from their investments.
The company maintains a solid return on equity of 9.74%, reflecting effective management and the ability to generate profits from shareholders' investments.

Hormel Foods
Bear Case

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

The company's payout ratio is currently at 137.65%, which indicates that it is paying out more in dividends than it is earning, raising concerns about sustainability.
Despite recent revenue growth, the net margin of 3.82% suggests that profitability may be under pressure, which could impact future earnings.
Market volatility and changing consumer preferences in the food industry could pose risks to Hormel Foods Co.'s sales and profitability.
As a global branded foods company, Hormel Foods Co. faces competition from both established and emerging brands, which could affect its market share.
Potential supply chain disruptions could impact the production and distribution of Hormel Foods Co.'s products, affecting overall 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 $26.57, with a high forecast of $30.00 and a low forecast of $25.00.

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hormel Foods in the last twelve months. There are currently 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research 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 9.21% based on their 12-month stock forecasts.

Over the previous 90 days, Hormel Foods's stock had 1 upgrade by analysts.

Hormel Foods has been rated by research analysts at Bank of America, BNP Paribas Exane, JPMorgan Chase & Co., Stephens, The Goldman Sachs Group, 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 2.22 while the average consensus rating score for "consumer staples" companies is 2.24. Learn more on how HRL compares to other companies.

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This page (NYSE:HRL) was last updated on 8/19/2026 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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Stock Ideas and 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?

Has Hormel Foods been upgraded by Wall Street analysts recently?

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