Wall Street analyst estimates for Hormel Foods Corporation (HRL): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Hormel Foods Corporation is a prominent global food company that specializes in the creation, preparation, and supply of a diverse array of meat, nut, and other culinary items. Its extensive clientele spans retail outlets, institutional food providers (foodservice), specialty delis, and various commercial enterprises across the United States and internationally.
Consensus price target
$25.00 (+18 % vs price $21.27)
between $23.00 and $28.00 · 4 targets published in the last quarter
Closing price, Oct 30
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $12.1B | $12.0B – $12.3B | $1.48 | 6 |
| 2027E | $12.5B | $12.3B – $13.1B | $1.57 | 5 |
Fiscal year ending in October · figures in USD · consensus as of October 29, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 6 |
| Hold | 17 |
| Sell | 7 |
| Strong Sell | 0 |
| Total analysts | 30 |
| Avg rating (−2 sell to +2 buy) | -0.03 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-12-03 | $0.38 | ||
| 2026-08-27 | $0.37 | $0.35 | +4.5% |
| 2026-05-28 | $0.40 | $0.35 | +12.9% |
| 2026-02-26 | $0.34 | $0.32 | +6.3% |
| 2025-12-04 | $0.32 | $0.30 | +6.1% |
| 2025-08-28 | $0.35 | $0.40 | -12.8% |
| 2025-05-29 | $0.35 | $0.34 | +2.4% |
| 2025-02-27 | $0.35 | $0.38 | -7.0% |
Valuation Ratios
| P/E Ratio | 33.77 |
| Price / Book | 1.49 |
| EV / EBITDA | 15.73 |
| Dividend Yield | 5.50% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.52B | $9.17B | $9.55B | $9.50B | $9.61B | $11.39B | $12.46B | $12.11B | $11.92B | $12.11B |
| Cost of Revenue | $7.37B | $7.17B | $7.57B | $7.61B | $7.78B | $9.46B | $10.29B | $10.11B | $9.90B | $10.21B |
| Gross Profit | $2.16B | $2.00B | $1.98B | $1.88B | $1.83B | $1.93B | $2.16B | $2.00B | $2.02B | $1.89B |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $872.0M | $759.3M | $841.2M | $727.6M | $761.3M | $853.1M | $879.3M | $942.2M | $1.01B | $996.6M |
| Operating Expenses | $834.3M | $719.9M | $799.5M | $688.4M | $725.7M | $805.3M | $852.1M | $927.8M | $954.2M | $1.17B |
| Operating Income | $1.32B | $1.28B | $1.18B | $1.20B | $1.10B | $1.12B | $1.31B | $1.07B | $1.07B | $718.6M |
| EBITDA | $1.46B | $1.42B | $1.37B | $1.39B | $1.34B | $1.40B | $1.60B | $1.34B | $1.37B | $1.01B |
| Interest Expense | $12.9M | $12.7M | $26.5M | $18.1M | $21.1M | $43.3M | $62.5M | $73.4M | $80.9M | $78.0M |
| Pre-tax Income | $1.32B | $1.28B | $1.18B | $1.21B | $1.11B | $1.13B | $1.28B | $1.01B | $1.04B | $663.4M |
| Income Tax | $426.7M | $431.5M | $168.7M | $230.6M | $206.4M | $217.0M | $277.9M | $220.6M | $230.8M | $185.7M |
| Net Income | $890.1M | $846.7M | $1.01B | $978.8M | $908.1M | $908.8M | $1,000.0M | $793.6M | $805.0M | $478.2M |
| EPS | $1.68 | $1.60 | $1.91 | $1.83 | $1.69 | $1.68 | $1.84 | $1.45 | $1.47 | $0.87 |
| EPS (Diluted) | $1.64 | $1.57 | $1.86 | $1.80 | $1.66 | $1.66 | $1.82 | $1.45 | $1.47 | $0.87 |
| Shares Outstanding (Diluted) | 542.5 M | 539.1 M | 543.9 M | 545.2 M | 546.6 M | 547.6 M | 549.6 M | 549.0 M | 548.8 M | 550.5 M |
Price
| Price | $21.27 (intraday price, October 30, 2026) |
| Market Cap | $11.7B |
| Exchange | NYSE |
| Country | US |
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Explore sector: Consumer Defensive · Packaged Foods
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