Hormel Foods (HRL) Stock Forecast & Price Target

$20.42 -0.33 (-1.57%)

Closing price 05/8/2026 03:59 PM Eastern

Extended Trading

$20.48 +0.06 (+0.27%)

As of 05/8/2026 07:59 PM Eastern

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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
32.19% 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 32.19% from the current price of $20.43.

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 5/9/25 to 5/9/26	1 Month Ago 4/9/25 to 4/9/26	3 Months Ago 2/8/25 to 2/8/26	1 Year Ago 5/9/24 to 5/9/25
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	$28.29	$32.33
Forecasted Upside	32.19% Upside	27.92% Upside	13.42% Upside	10.62% 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	S&P 500
Consensus Rating Score	2.11	2.13	2.52
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	31.16% Upside	1,051.93% Upside	15.29% 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%
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 Saturday at 01:50 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 Thursday, May 7, 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 $23.36, which may present a buying opportunity for investors looking for value in the food sector.
Hormel Foods Co. has a strong financial position, evidenced by a low debt-to-equity ratio of 0.36, indicating that the company is not overly reliant on debt to finance its operations.
The company recently reported a quarterly earnings per share (EPS) of $0.34, surpassing analyst expectations, which reflects strong operational performance and potential for future growth.
With a dividend yield of 5.6%, Hormel Foods Co. offers attractive income potential for investors seeking regular cash flow from their investments.
The firm has shown resilience with a revenue increase of 1.3% compared to the same quarter last year, suggesting steady demand for its products.

Hormel Foods
Bear Case

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, Hormel Foods Co. fell short of analyst revenue estimates, which may signal potential challenges in meeting future growth expectations.
The firm has a relatively high P/E ratio of 23.51, suggesting that the stock may be overvalued compared to its earnings, which could deter value-focused investors.
With a beta of 0.36, the stock is less volatile than the market, which may limit potential gains during bullish market conditions.
Recent institutional investment activity shows mixed trends, with some hedge funds reducing their stakes, which could indicate a lack of confidence among larger investors.

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 32.19% 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 5/9/2026 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