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Hormel Foods Analyst Ratings

HRLNYSE
Logo brought to you by Benzinga Data
$30.66
-0.05-0.16%
At close: -
$30.60
-0.06-0.20%
After Hours: Jun 6, 5:19 PM EDT
Consensus Rating1
Neutral
Highest Price Target1
$54.00
Lowest Price Target1
$28.00
Consensus Price Target1
$36.09

Hormel Foods Analyst Ratings and Price Targets | NYSE:HRL | Benzinga

Hormel Foods Corp has a consensus price target of $36.09 based on the ratings of 12 analysts. The high is $54 issued by Argus Research on December 30, 2022. The low is $28 issued by Goldman Sachs on March 1, 2024. The 3 most-recent analyst ratings were released by Stephens & Co., B of A Securities, and Stephens & Co. on May 22, 2025, April 15, 2025, and February 18, 2025, respectively. With an average price target of $32.33 between Stephens & Co., B of A Securities, and Stephens & Co., there's an implied 5.66% upside for Hormel Foods Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jan
1
Feb
1
Apr
1
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.7
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Stephens & Co.
B of A Securities
Barclays
Citigroup
Stephens & Co.

1calculated from analyst ratings

Analyst Ratings for Hormel Foods

Buy NowGet Alert
05/22/2025Buy Now1.31%Stephens & Co.
Pooran Sharma15%
$31 → $31ReiteratesEqual-Weight → Equal-WeightGet Alert
04/15/2025Buy Now14.38%B of A Securities$29 → $35UpgradeUnderperform → NeutralGet Alert
02/18/2025Buy Now1.31%Stephens & Co.
Pooran Sharma15%
$31 → $31ReiteratesEqual-Weight → Equal-WeightGet Alert
01/22/2025Buy Now17.65%Barclays
Benjamin Theurer62%
$35 → $36UpgradeEqual-Weight → OverweightGet Alert
11/19/2024Buy Now14.38%Citigroup
Thomas Palmer45%
$36 → $35MaintainsBuyGet Alert
10/03/2024Buy Now1.31%Stephens & Co.
Pooran Sharma15%
→ $31Reinstates → Equal-WeightGet Alert
08/13/2024Buy Now20.92%Citigroup
Thomas Palmer45%
$33 → $37UpgradeNeutral → BuyGet Alert
05/31/2024Buy Now7.84%Citigroup
Thomas Palmer45%
$35 → $33MaintainsNeutralGet Alert
05/31/2024Buy Now4.58%Stephens & Co.
Ben Bienvenu75%
$32 → $32ReiteratesEqual-Weight → Equal-WeightGet Alert
05/31/2024Buy Now-5.23%JP Morgan
Thomas Palmer45%
$28 → $29UpgradeUnderweight → NeutralGet Alert
03/01/2024Buy Now-8.5%JP Morgan
Thomas Palmer45%
$27 → $28MaintainsUnderweightGet Alert
03/01/2024Buy Now14.38%Barclays
Benjamin Theurer62%
$33 → $35MaintainsEqual-WeightGet Alert
03/01/2024Buy Now-8.5%Goldman Sachs
Adam Samuelson57%
$26 → $28MaintainsSellGet Alert
02/01/2024Buy Now1.31%Citigroup
Thomas Palmer45%
→ $31Initiates → NeutralGet Alert
01/12/2024Buy Now7.84%Piper Sandler
Michael Lavery66%
$31 → $33MaintainsNeutralGet Alert
11/30/2023Buy Now-15.03%Goldman Sachs
Adam Samuelson57%
$29 → $26MaintainsSellGet Alert
10/16/2023Buy Now1.31%JP Morgan
Thomas Palmer45%
$36 → $31MaintainsUnderweightGet Alert
10/13/2023Buy Now14.38%Piper Sandler
Michael Lavery66%
$41 → $35MaintainsNeutralGet Alert
10/13/2023Buy Now-5.23%Goldman Sachs
Adam Samuelson57%
$33 → $29MaintainsSellGet Alert
06/01/2023Buy Now37.25%Barclays
Benjamin Theurer62%
$45 → $42MaintainsEqual-WeightGet Alert
04/12/2023Buy Now40.52%Piper Sandler
Paul Newsome84%
$44 → $43MaintainsNeutralGet Alert
03/30/2023Buy NowArgus Research
John Staszak68%
DowngradeBuy → HoldGet Alert
03/06/2023Buy Now53.59%Stephens & Co.
Ben Bienvenu75%
$52 → $47MaintainsEqual-WeightGet Alert
03/03/2023Buy Now33.99%Credit Suisse
Robert Moskow67%
$44 → $41MaintainsNeutralGet Alert
03/03/2023Buy Now24.18%JP Morgan
Thomas Palmer45%
$47 → $38DowngradeNeutral → UnderweightGet Alert
12/30/2022Buy Now76.47%Argus Research
Taylor Conrad50%
$53 → $54MaintainsBuyGet Alert
12/01/2022Buy Now53.59%JP Morgan
Thomas Palmer45%
$48 → $47MaintainsNeutralGet Alert
09/22/2022Buy Now73.2%Argus Research
John Staszak68%
$54 → $53MaintainsBuyGet Alert
09/02/2022Buy Now53.59%Piper Sandler
Michael Lavery66%
$48 → $47MaintainsNeutralGet Alert
08/23/2022Buy Now79.74%Stephens & Co.
Ben Bienvenu75%
$50 → $55MaintainsEqual-WeightGet Alert

FAQ

Q

What is the target price for Hormel Foods (HRL) stock?

A

The latest price target for Hormel Foods (NYSE:HRL) was reported by Stephens & Co. on May 22, 2025. The analyst firm set a price target for $31.00 expecting HRL to rise to within 12 months (a possible 1.31% upside). 7 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Hormel Foods (HRL)?

A

The latest analyst rating for Hormel Foods (NYSE:HRL) was provided by Stephens & Co., and Hormel Foods reiterated their equal-weight rating.

Q

When was the last upgrade for Hormel Foods (HRL)?

A

The last upgrade for Hormel Foods Corp happened on April 15, 2025 when B of A Securities raised their price target to $35. B of A Securities previously had an underperform for Hormel Foods Corp.

Q

When was the last downgrade for Hormel Foods (HRL)?

A

The last downgrade for Hormel Foods Corp happened on March 30, 2023 when Argus Research changed their price target from N/A to N/A for Hormel Foods Corp.

Q

When is the next analyst rating going to be posted or updated for Hormel Foods (HRL)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Hormel Foods, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Hormel Foods was filed on May 22, 2025 so you should expect the next rating to be made available sometime around May 22, 2026.

Q

Is the Analyst Rating Hormel Foods (HRL) correct?

A

While ratings are subjective and will change, the latest Hormel Foods (HRL) rating was a reiterated with a price target of $31.00 to $31.00. The current price Hormel Foods (HRL) is trading at is $30.60, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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