31.92
price up icon0.95%   0.30
 
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Hormel Foods Corp Stock (HRL) Forecast

The Hormel Foods Corp (HRL) stock price forecast for the next 30 days is generally positive, with an average analyst price target of $39.08, representing a +22.45% increase from the current price of $31.92. The highest analyst price target is $41.34, and the lowest is $36.83.

Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month HRL Price Target
Average 41.54 (+30.15% Upside)
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Is Hormel Foods Corp (HRL) A Buy Now?

Oscillators
Name Value Action
RSI(14) 64.84 Neutral
STOCH(9,6) 83.80 Sell
STOCHRSI(14) 100.00 Sell
MACD(12,26) 0.0595 Buy
ADX(14) 14.10 Neutral
William %R -4.6901 Sell
CCI(14) 176.81 Buy
Buy: 2 Sell: 3 Neutral: 2
Summary: Sell
Moving Averages
Period Simple Exponential
MA10
30.51
Buy
30.90
Buy
MA20
30.54
Buy
30.75
Buy
MA50
31.00
Buy
30.99
Buy
MA100
31.48
Buy
31.41
Buy
MA200
32.34
Sell
32.19
Sell
Buy: 8 Sell: 2 Neutral: 0
Summary: Buy
According to our latest analysis, HRL could be considered a Strong Buy, with 17 technical analysis indicators signaling 10 Buy signals, 5 signaling Sell signals and 2 Neutral signals. This might be a good time to open fresh positions on HRL, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 64.84 indicates that HRL is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 83.8 indicates that HRL is oversold. This means that HRL price is at or near the highest level over a specified lookback period.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 100 indicates that HRL is oversold. This suggests that HRL price is at or near the highest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 14.1 indicates that there is no clear directional movement, and the market may be ranging or moving sideways.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 176.81 indicates that HRL is overbought. This means that the price has moved significantly higher than its average, indicating a potential selling opportunity.

Long-term HRL price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Hormel Foods Corp financial reports and earnings history, Hormel Foods Corp (HRL) stock could reach $33.14 by 2030, $28.90 by 2040 and $31.87 by 2050. See the projected annual prices until 2050 of the Hormel Foods Corp stock below:

  • Hormel Foods Corp (HRL) is expected to reach an average price of $24.55 in 2035, with a high prediction of $25.50 and a low estimate of $23.40. This indicates an $-23.08% rise from the last recorded price of $31.92.
  • Hormel Foods Corp (HRL) stock is projected to chart a bullish course in 2040, with an average price target of $28.01, representing an $-12.25% surge from its current level. The forecast ranges from a conservative $26.65 to a sky-high $28.90.
  • Our analysts predict Hormel Foods Corp (HRL) to jump -13.12% by 2045, soaring from $27.56 to an average price of $27.73, potentially reaching $30.55. While $27.56 is the low estimate, the potential upside is significant.
  • Hormel Foods Corp (HRL) stock is expected to climb by 2050, reaching an average of $27.96, a $-12.42% jump from its current level. However, a wide range of estimates exists, with high and low targets of $31.87 and $25.98, respectively, highlighting the market's uncertainty.

Hormel Foods Corp Stock (HRL) Year by Year Forecast

Hormel Foods Corp Stock (HRL) Price Forecast for 2024

Our forecast for HRL stock price in 2024 now indicates an average price target of $34.93 with a high forecast of $41.34 and a low forecast of $28.51. The average prediction reflects an increase of +9.42% from the last recorded price of $31.92.
Month Average Low High Change from today's price
December, 2024 $40.86 $36.83 $41.34 +28.02%

Hormel Foods Corp Stock (HRL) Price Forecast for 2025

Hormel Foods Corp Stock (HRL) is expected to reach an average price of $41.54 in 2025, with a high prediction of $48.55 and a low estimate of $34.54. This indicates an +30.15% rise from the last recorded price of $31.92.
Month Average Low High Change from today's price
January, 2025 $39.83 $39.52 $41.26 +24.77%
February, 2025 $42.78 $39.64 $43.52 +34.02%
March, 2025 $36.62 $35.67 $44.38 +14.73%
April, 2025 $42.17 $34.54 $47.06 +32.10%
May, 2025 $45.62 $40.85 $46.37 +42.93%
June, 2025 $43.47 $41.39 $44.94 +36.18%
July, 2025 $44.11 $40.45 $44.84 +38.18%
August, 2025 $43.78 $42.31 $44.62 +37.14%
September, 2025 $47.19 $43.47 $47.52 +47.85%
October, 2025 $46.66 $45.64 $48.55 +46.18%
November, 2025 $44.48 $42.99 $46.97 +39.34%
December, 2025 $44.30 $43.90 $46.69 +38.78%

Hormel Foods Corp Stock (HRL) Price Forecast for 2026

The predicted value for Hormel Foods Corp (HRL) in 2026 is set at an average of $42.12. Estimates vary from a peak of $48.00 to a trough of $36.25, indicating an +31.97% surge from the present price of $31.92.
Month Average Low High Change from today's price
January, 2026 $42.80 $42.11 $48.00 +34.10%
February, 2026 $43.55 $42.10 $43.79 +36.44%
March, 2026 $40.49 $39.07 $43.35 +26.84%
April, 2026 $42.80 $40.02 $46.48 +34.08%
May, 2026 $43.59 $41.90 $44.33 +36.57%
June, 2026 $41.96 $41.53 $44.61 +31.46%
July, 2026 $42.21 $41.50 $43.94 +32.24%
August, 2026 $44.47 $41.17 $45.65 +39.31%
September, 2026 $43.12 $42.85 $44.94 +35.08%
October, 2026 $41.15 $40.99 $44.55 +28.93%
November, 2026 $41.17 $40.19 $42.84 +28.98%
December, 2026 $36.67 $36.25 $41.44 +14.88%

Hormel Foods Corp Stock (HRL) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Hormel Foods Corp (HRL) is $43.52, with a high forecast of $50.86 and a low forecast of $36.17. This indicates an +36.33% increase from the last price of $31.92.
Month Average Low High Change from today's price
January, 2027 $37.72 $36.17 $38.59 +18.16%
February, 2027 $38.33 $37.28 $39.41 +20.09%
March, 2027 $43.88 $36.96 $45.34 +37.48%
April, 2027 $44.80 $43.00 $46.46 +40.35%
May, 2027 $42.71 $42.00 $45.34 +33.79%
June, 2027 $47.47 $41.89 $47.67 +48.70%
July, 2027 $47.28 $43.96 $48.92 +48.13%
August, 2027 $49.33 $46.99 $50.86 +54.54%
September, 2027 $44.39 $42.29 $49.54 +39.06%
October, 2027 $40.45 $39.98 $44.88 +26.71%
November, 2027 $43.34 $40.35 $44.20 +35.79%
December, 2027 $45.64 $42.72 $46.09 +42.99%

Hormel Foods Corp Stock (HRL) Price Forecast for 2028

In 2028, Hormel Foods Corp (HRL) is projected to reach an average price of $40.55, with a high projection of $47.48 and a low estimate of $33.62. This indicates an +27.03% rise from the last price of $31.92.
Month Average Low High Change from today's price
January, 2028 $42.18 $42.09 $47.48 +32.14%
February, 2028 $41.24 $41.19 $43.16 +29.19%
March, 2028 $42.25 $40.17 $43.00 +32.38%
April, 2028 $45.22 $41.34 $45.54 +41.67%
May, 2028 $41.45 $40.59 $45.27 +29.86%
June, 2028 $40.41 $39.90 $42.85 +26.59%
July, 2028 $40.79 $40.19 $41.56 +27.77%
August, 2028 $35.02 $34.87 $41.88 +9.72%
September, 2028 $36.16 $33.62 $37.20 +13.29%
October, 2028 $37.06 $34.95 $37.14 +16.10%
November, 2028 $36.64 $33.84 $37.06 +14.78%
December, 2028 $36.09 $35.02 $37.60 +13.08%

Hormel Foods Corp Stock (HRL) Price Forecast for 2029

The 2029 price forecast for Hormel Foods Corp Stock (HRL) is $31.03 on average, with a high prediction of $37.62 and a low estimate of $24.45. This represents an -2.77% decrease from the previous price of $31.92.
Month Average Low High Change from today's price
January, 2029 $36.76 $34.89 $37.02 +15.17%
February, 2029 $35.27 $34.25 $37.62 +10.50%
March, 2029 $34.14 $32.67 $36.01 +6.95%
April, 2029 $27.92 $26.61 $35.48 -12.52%
May, 2029 $28.41 $26.77 $29.59 -10.99%
June, 2029 $27.24 $26.04 $29.07 -14.66%
July, 2029 $28.04 $26.91 $28.77 -12.16%
August, 2029 $26.31 $26.08 $28.95 -17.59%
September, 2029 $26.45 $24.45 $26.88 -17.13%
October, 2029 $30.33 $26.20 $31.94 -4.97%
November, 2029 $30.70 $29.69 $31.47 -3.82%
December, 2029 $30.70 $29.58 $31.83 -3.84%

Hormel Foods Corp Stock (HRL) Price Forecast for 2030

Hormel Foods Corp Stock (HRL) is expected to reach an average price of $35.57 in 2030, with a high forecast of $42.59 and a low forecast of $28.55. This signifies an +11.44% surge from the last price of $31.92.
Month Average Low High Change from today's price
January, 2030 $32.46 $28.55 $33.14 +1.70%
February, 2030 $31.92 $30.59 $33.19 +0.01%
March, 2030 $32.46 $30.99 $32.98 +1.70%
April, 2030 $33.50 $31.14 $34.04 +4.94%
May, 2030 $34.70 $33.13 $35.69 +8.70%
June, 2030 $31.55 $31.24 $34.96 -1.15%
July, 2030 $33.34 $31.23 $34.16 +4.45%
August, 2030 $36.06 $33.38 $36.85 +12.97%
September, 2030 $35.82 $35.03 $36.55 +12.23%
October, 2030 $39.69 $36.05 $39.91 +24.33%
November, 2030 $32.68 $30.07 $39.91 +2.38%
December, 2030 $39.30 $30.37 $42.59 +23.13%
packaged_foods MKC
$77.79
price down icon 0.03%
packaged_foods CPB
$46.07
price down icon 1.14%
packaged_foods CAG
$27.45
price down icon 0.15%
packaged_foods SJM
$118.00
price down icon 1.74%
packaged_foods PPC
$50.48
price down icon 0.49%
Cap:     |  Volume (24h):