Hormel Foods - HRL Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $28.86
  • Forecasted Upside: 19.47%
  • Number of Analysts: 10
  • Breakdown:
  • 2 Sell Ratings
  • 5 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$24.16
▲ +0.885 (3.80%)

This chart shows the closing price for HRL by one month, three months, or twelve months.

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Analyst Price Target for HRL

Analyst Price Target is $28.86
▲ +19.47% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Hormel Foods in the last 3 months. The average price target is $28.86, with a high forecast of $34.00 and a low forecast of $25.00. The average price target represents a 19.47% upside from the last price of $24.16.

This chart shows the closing price for HRL for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 10 polled investment analysts is to hold stock in Hormel Foods. This rating has held steady since August 2025, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 1 sell ratings
6/12/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 1 sell ratings
9/10/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 2 sell ratings
12/9/2024
  • 1 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 1 sell ratings
3/9/2025
  • 1 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
6/7/2025
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 1 sell ratings
9/5/2025
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 2 sell ratings
11/4/2025
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 2 sell ratings
12/4/2025

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/21/2025JPMorgan Chase & Co.Lower TargetOverweight ➝ Overweight$30.00 ➝ $27.00
11/6/2025Piper SandlerLower TargetNeutral ➝ Neutral$26.00 ➝ $25.00
10/30/2025The Goldman Sachs GroupSet TargetBuy ➝ Buy$31.00 ➝ $27.00
10/8/2025Weiss RatingsReiterated RatingSell (D+) ➝ Sell (D+)
9/27/2025Weiss RatingsReiterated RatingSell (D+) ➝ Sell (D+)
8/29/2025BarclaysReiterated RatingOverweight ➝ Overweight$36.00 ➝ $34.00
8/29/2025Zacks ResearchDowngradeHold ➝ Strong Sell
8/29/2025JPMorgan Chase & Co.Lower TargetOverweight ➝ Overweight$34.00 ➝ $30.00
8/29/2025The Goldman Sachs GroupLower TargetBuy ➝ Buy$35.00 ➝ $31.00
8/29/2025Bank of AmericaLower TargetNeutral ➝ Neutral$35.00 ➝ $28.00
8/20/2025JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$29.00 ➝ $34.00
6/23/2025The Goldman Sachs GroupInitiated CoverageSell ➝ Buy$35.00
5/27/2025BNP ParibasUpgradeStrong Sell ➝ Hold
5/27/2025BNP Paribas ExaneUpgradeUnderperform ➝ Neutral$30.00
5/22/2025StephensReiterated RatingEqual Weight ➝ Equal Weight$31.00 ➝ $31.00
4/15/2025Bank of AmericaUpgradeUnderperform ➝ Neutral$29.00 ➝ $35.00
2/18/2025StephensReiterated RatingEqual Weight ➝ Equal Weight$31.00 ➝ $31.00
1/22/2025BarclaysUpgradeHold ➝ Strong-Buy
1/21/2025BarclaysBoost TargetEqual Weight ➝ Equal Weight$35.00 ➝ $36.00
11/19/2024CitigroupLower TargetBuy ➝ Buy$36.00 ➝ $35.00
10/21/2024BNP ParibasInitiated CoverageUnderperform$28.00
10/3/2024StephensInitiated CoverageEqual Weight$31.00
8/13/2024CitigroupUpgradeNeutral ➝ Buy$33.00 ➝ $37.00
5/31/2024CitigroupLower TargetNeutral ➝ Neutral$35.00 ➝ $33.00
5/31/2024StephensReiterated RatingEqual Weight ➝ Equal Weight$32.00 ➝ $32.00
5/31/2024JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$28.00 ➝ $29.00
3/1/2024JPMorgan Chase & Co.Boost TargetUnderweight ➝ Underweight$27.00 ➝ $28.00
3/1/2024The Goldman Sachs GroupBoost TargetSell ➝ Sell$26.00 ➝ $28.00
3/1/2024BarclaysBoost TargetEqual Weight ➝ Equal Weight$33.00 ➝ $35.00
2/1/2024CitigroupInitiated CoverageNeutral$31.00
1/12/2024Piper SandlerBoost TargetNeutral ➝ Neutral$31.00 ➝ $33.00
11/30/2023The Goldman Sachs GroupLower TargetSell ➝ Sell$29.00 ➝ $26.00
10/16/2023JPMorgan Chase & Co.Lower TargetUnderweight ➝ Underweight$36.00 ➝ $31.00
10/13/2023Piper SandlerLower TargetNeutral ➝ Neutral$41.00 ➝ $35.00
10/13/2023The Goldman Sachs GroupLower TargetSell ➝ Sell$33.00 ➝ $29.00
6/1/2023BarclaysLower Target$45.00 ➝ $42.00
4/12/2023Piper SandlerLower TargetNeutral$44.00 ➝ $43.00
3/30/2023ArgusDowngradeBuy ➝ Hold
3/6/2023Bank of AmericaLower Target$45.00 ➝ $41.00
3/6/2023StephensLower TargetEqual Weight$52.00 ➝ $47.00
3/3/2023Credit Suisse GroupLower TargetNeutral$44.00 ➝ $41.00
3/3/2023BarclaysLower Target$48.00 ➝ $45.00
3/3/2023JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$47.00 ➝ $38.00
12/30/2022ArgusBoost TargetBuy$53.00 ➝ $54.00
9/22/2022ArgusLower TargetBuy$54.00 ➝ $53.00
9/6/2022StephensLower Target$52.00
9/2/2022Piper SandlerLower TargetNeutral$48.00 ➝ $47.00
8/23/2022StephensBoost TargetEqual Weight$50.00 ➝ $55.00
6/3/2022Piper SandlerLower Target$48.00
6/3/2022Credit Suisse GroupLower Target$44.00
3/15/2022The Goldman Sachs GroupDowngradeNeutral ➝ Sell$44.00
3/10/2022ArgusUpgradeHold ➝ Buy$57.00
3/2/2022Credit Suisse GroupBoost TargetNeutral$44.00 ➝ $46.00
3/2/2022JPMorgan Chase & Co.Boost TargetNeutral$46.00 ➝ $48.00
3/2/2022Piper SandlerBoost TargetNeutral$48.00 ➝ $49.00
1/25/2022Piper SandlerLower Target$49.00 ➝ $48.00
12/10/2021BMO Capital MarketsReiterated RatingNeutral ➝ Hold
12/10/2021Credit Suisse GroupBoost TargetNeutral$42.00 ➝ $44.00
12/10/2021Piper SandlerBoost TargetNeutral ➝ Neutral$45.00 ➝ $49.00
10/8/2021JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$42.00
9/7/2021Credit Suisse GroupLower TargetNeutral$45.00 ➝ $42.00
9/3/2021BarclaysLower TargetEqual Weight$48.00 ➝ $46.00
1/19/2021JPMorgan Chase & Co.Lower Target$44.00 ➝ $40.00
12/9/2020ArgusDowngradeBuy ➝ Hold
(Data available from 12/4/2020 forward)

News Sentiment Rating

0.73 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/8/2025
  • 14 very positive mentions
  • 6 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
6/7/2025
  • 31 very positive mentions
  • 28 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
7/7/2025
  • 38 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/6/2025
  • 58 very positive mentions
  • 23 positive mentions
  • 9 negative mentions
  • 6 very negative mentions
9/5/2025
  • 23 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/5/2025
  • 34 very positive mentions
  • 26 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
11/4/2025
  • 43 very positive mentions
  • 42 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
12/4/2025

Current Sentiment

  • 43 very positive mentions
  • 42 positive mentions
  • 6 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

Hormel Foods logo
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and other food products to retail, foodservice, deli, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International segments. The company provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, nutritional food supplements, and others. It sells its products under the HORMEL, ALWAYS TENDER, APPLEGATE, AUSTIN BLUES, BACON 1, BLACK LABEL, BREAD READY, BURKE, CAFÉ H, CERATTI, CHI-CHI'S, COLUMBUS, COMPLEATS, CORN NUTS, CURE 81, DAN'S PRIZE, DI LUSSO, DINTY MOORE, DON MIGUEL, DOÑA MARIA, EMBASA, FAST N EASY, FIRE BRAISED, FONTANINI, HAPPY LITTLE PLANTS, HERDEZ, HORMEL GATHERINGS, HORMEL SQUARE TABLE, HORMEL VITAL CUISINE, HOUSE OF TSANG, JENNIE-O, JUSTIN'S, LA VICTORIA, LAYOUT, LLOYD'S, MARY KITCHEN, MR. PEANUT, NATURAL CHOICE, NUT-RITION, OLD SMOKEHOUSE, OVEN READY, PILLOW PACK, PLANTERS, ROSA GRANDE, SADLER'S SMOKEHOUSE, SKIPPY, SPAM, SPECIAL RECIPE, THICK & EASY, VALLEY FRESH, AND WHOLLY brands through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.
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Today's Range

Now: $24.16
Low: $23.68
High: $25.30

50 Day Range

MA: $23.20
Low: $21.27
High: $24.81

52 Week Range

Now: $24.16
Low: $21.03
High: $33.80

Volume

10,456,350 shs

Average Volume

4,809,615 shs

Market Capitalization

$13.29 billion

P/E Ratio

17.63

Dividend Yield

4.99%

Beta

0.33

Frequently Asked Questions

What sell-side analysts currently cover shares of Hormel Foods?

The following Wall Street research analysts have issued reports on Hormel Foods in the last year: Bank of America Corporation, Barclays PLC, BNP Paribas, BNP Paribas Exane, JPMorgan Chase & Co., Piper Sandler, Stephens, The Goldman Sachs Group, Inc., Weiss Ratings, and Zacks Research.
View the latest analyst ratings for HRL.

What is the current price target for Hormel Foods?

0 Wall Street analysts have set twelve-month price targets for Hormel Foods in the last year. Their average twelve-month price target is $28.86, suggesting a possible upside of 19.5%. Barclays PLC has the highest price target set, predicting HRL will reach $34.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $25.00 for Hormel Foods in the next year.
View the latest price targets for HRL.

What is the current consensus analyst rating for Hormel Foods?

Hormel Foods currently has 2 sell ratings, 5 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in HRL, but not buy more shares or sell existing shares.
View the latest ratings for HRL.

What other companies compete with Hormel Foods?

How do I contact Hormel Foods' investor relations team?

Hormel Foods' physical mailing address is 1 HORMEL PL, AUSTIN MN, 55912. The company's listed phone number is (507) 437-5611 and its investor relations email address is [email protected]. The official website for Hormel Foods is www.hormelfoods.com. Learn More about contacing Hormel Foods investor relations.