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Hormel Foods (HRL) Stock Forecast & Price Target

Hormel Foods logo
$24.85 -0.11 (-0.44%)
Closing price 03:59 PM Eastern
Extended Trading
$25.06 +0.20 (+0.82%)
As of 07:46 PM Eastern
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Hormel Foods - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Sell
1
Hold
4
Buy
4

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, 4 have given a hold rating, and 4 have given a buy rating for HRL.

Consensus Price Target

$30.88
24.25% Upside
According to the 9 analysts' twelve-month price targets for Hormel Foods, the average price target is $30.88. The highest price target for HRL is $35.00, while the lowest price target for HRL is $28.00. The average price target represents a forecasted upside of 24.25% from the current price of $24.85.
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

TypeCurrent Forecast
9/19/24 to 9/19/25
1 Month Ago
8/20/24 to 8/20/25
3 Months Ago
6/21/24 to 6/21/25
1 Year Ago
9/20/23 to 9/19/24
Strong Buy
0 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
3 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$30.88$33.00$32.50$32.33
Forecasted Upside24.25% Upside15.28% Upside6.96% Upside0.63% Upside
Consensus RatingHoldModerate BuyModerate BuyHold

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.
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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.
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Hormel Foods Stock vs. The Competition

TypeHormel FoodsConsumer Staples CompaniesS&P 500
Consensus Rating Score
2.33
2.53
2.53
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside23.52% Upside109.91% Upside11.30% Upside
News Sentiment Rating
Positive News

See Recent HRL News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
8/29/2025Barclays
3 of 5 stars
Benjamin Theurer
Benjamin Theurer
3 of 5 stars
Reiterated RatingOverweight$36.00 ➝ $34.00+34.68%
8/29/2025Zacks Research
0 of 5 stars
 DowngradeHoldStrong Sell
8/29/2025JPMorgan Chase & Co.
2 of 5 stars
Thomas Palmer
Not Rated
Lower TargetOverweight$34.00 ➝ $30.00+17.67%
8/29/2025The Goldman Sachs Group
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Lower TargetBuy$35.00 ➝ $31.00+20.68%
8/29/2025Bank of America
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Lower TargetNeutral$35.00 ➝ $28.00+10.91%
5/27/2025BNP Paribas
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UpgradeStrong SellHold
5/27/2025BNP Paribas Exane
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 UpgradeUnderperformNeutral$30.00+1.80%
5/22/2025Stephens
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Reiterated RatingEqual Weight$31.00 ➝ $31.00+5.40%
11/19/2024Citigroup
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Lower TargetBuy$36.00 ➝ $35.00+18.89%
1/12/2024Piper Sandler
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating
 Boost TargetNeutral$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 Friday at 11:49 PM 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, September 19, 2025. Please send any questions or comments about these Hormel Foods pros and cons to contact@marketbeat.com.

Hormel Foods
Bull Case

green Wall Street bull icon

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

  • The current stock price is around $27.83, which is relatively stable compared to its 12-month high of $33.80, indicating potential for recovery and growth.
  • The company reported a quarterly revenue increase of 4.6% compared to the same quarter last year, showcasing its ability to grow even in competitive markets.
  • With a market capitalization of approximately $13.69 billion, Hormel Foods Co. is well-established, providing a sense of stability for investors.
  • The firm has a solid current ratio of 2.47, indicating strong liquidity and the ability to cover short-term obligations, which is a positive sign for financial health.
  • Hormel Foods Co. has set its guidance for Q4 2025 EPS between 0.380-0.400, suggesting confidence in future earnings performance.

Hormel Foods
Bear Case

red Wall Street bear icon

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

  • The company missed analysts' consensus estimates for EPS by $0.06, which may raise concerns about its short-term profitability.
  • With a P/E ratio of 18.17, the stock may be considered overvalued compared to its earnings, which could deter value-focused investors.
  • The debt-to-equity ratio of 0.35, while relatively low, indicates that the company is still reliant on debt financing, which could pose risks in a rising interest rate environment.
  • The stock has a beta of 0.31, suggesting lower volatility, but this may also indicate limited growth potential compared to more aggressive investments.
  • Despite a solid revenue report, the overall market conditions and competition in the food industry could impact future performance negatively.

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 $30.88, with a high forecast of $35.00 and a low forecast of $28.00.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hormel Foods in the last year. There is currently 1 sell rating, 4 hold ratings and 4 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 24.25% based on their 12-month stock forecasts.

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

Hormel Foods has been rated by research analysts at Bank of America, Barclays, JPMorgan Chase & Co., The Goldman Sachs Group, and Zacks Research in the past 90 days.

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


This page (NYSE:HRL) was last updated on 9/19/2025 by MarketBeat.com Staff
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