General Mills (GIS) Stock Forecast, Price Target & Predictions
GIS Stock Forecast
General Mills stock forecast is as follows: an average price target of $75.10 (represents a 10.30% upside from GIS’s last price of $68.09) and a rating consensus of 'Hold', based on 22 wall street analysts offering a 1-year stock forecast.
GIS Price Target
GIS Analyst Ratings
General Mills Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Sep 20, 2024 | Andrew Lazar | Barclays | $74.00 | $74.90 | -1.20% | 8.68% |
Sep 19, 2024 | Matthew Smith | Stifel Nicolaus | $82.00 | $74.43 | 10.17% | 20.43% |
Sep 19, 2024 | Michael Lavery | Piper Sandler | $84.00 | $75.01 | 11.99% | 23.37% |
Sep 18, 2024 | Thomas Palmer | Citigroup | $75.00 | $75.01 | -0.01% | 10.15% |
Sep 17, 2024 | Bryan Spillane | Bank of America Securities | $78.00 | $74.74 | 4.36% | 14.55% |
Sep 16, 2024 | Thomas Palmer | Coker Palmer | $76.00 | $73.71 | 3.11% | 11.62% |
Sep 13, 2024 | Chris Carey | Wells Fargo | $67.00 | $72.86 | -8.04% | -1.60% |
Jul 05, 2024 | John Baumgartner | Mizuho Securities | $62.00 | $62.88 | -1.40% | -8.94% |
Jun 27, 2024 | Matthew Smith | Stifel Nicolaus | $70.00 | $64.17 | 9.09% | 2.81% |
Jun 21, 2024 | Nik Modi | RBC Capital | $70.00 | $67.56 | 3.61% | 2.81% |
General Mills Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 7 | 21 |
Avg Price Target | - | $76.57 | $74.14 |
Last Closing Price | $68.09 | $68.09 | $68.09 |
Upside/Downside | -100.00% | 12.45% | 8.89% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 20, 2024 | Cowen & Co. | Hold | Hold | Hold |
Sep 20, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
Sep 19, 2024 | Piper Sandler | Overweight | Overweight | Hold |
Sep 16, 2024 | Citigroup | Neutral | Neutral | Hold |
Sep 13, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
Sep 13, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
Jun 27, 2024 | Oppenheimer | Outperform | Outperform | Hold |
Jun 27, 2024 | JMP Securities | Market Outperform | Market Outperform | Hold |
Jun 27, 2024 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
Jun 27, 2024 | Canaccord Genuity | Buy | Buy | Hold |
General Mills Financial Forecast
General Mills Revenue Forecast
May 27 | Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.10B | $5.14B | $4.90B | $5.03B | $5.13B | $5.22B | $4.72B | $4.89B | $4.54B | $5.02B | $4.54B | $4.52B | $4.52B | $4.72B | $4.36B | $5.02B | $4.18B |
Avg Forecast | $4.68B | $4.99B | $4.99B | $4.69B | $4.95B | $5.13B | $5.11B | $4.81B | $4.86B | $5.15B | $5.14B | $4.80B | $4.85B | $4.97B | $5.35B | $4.88B | $5.18B | $4.97B | $5.19B | $4.72B | $4.80B | $4.54B | $4.84B | $4.30B | $4.36B | $4.45B | $4.65B | $4.22B | $4.98B | $4.21B |
High Forecast | $4.73B | $5.04B | $5.04B | $4.74B | $5.01B | $5.18B | $5.16B | $4.86B | $4.91B | $5.19B | $5.19B | $4.81B | $4.85B | $4.97B | $5.43B | $4.94B | $5.23B | $5.02B | $5.25B | $4.76B | $4.85B | $4.59B | $4.88B | $4.34B | $4.40B | $4.49B | $4.69B | $4.26B | $5.03B | $4.24B |
Low Forecast | $4.65B | $4.95B | $4.95B | $4.65B | $4.91B | $5.08B | $5.07B | $4.77B | $4.82B | $5.11B | $5.12B | $4.79B | $4.85B | $4.97B | $5.24B | $4.84B | $5.14B | $4.93B | $5.15B | $4.67B | $4.76B | $4.50B | $4.79B | $4.26B | $4.32B | $4.41B | $4.60B | $4.18B | $4.94B | $4.17B |
# Analysts | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 10 | 5 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 6 | 3 | 3 | 3 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 0.96% | 1.00% | 0.97% | 1.03% | 1.01% | 1.00% | 1.02% | 1.00% | 1.04% | 1.06% | 1.04% | 1.01% | 1.02% | 1.03% | 1.01% | 0.99% |
General Mills EBITDA Forecast
May 27 | Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 10 | 5 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 6 | 3 | 3 | 3 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $910.70M | $811.80M | $1.07B | $818.20M | $705.60M | $961.60M | $361.30M | $1.04B | $823.10M | $805.30M | $845.80M | $567.90M | $811.10M | $926.20M | $844.70M | $785.00M | $611.20M |
Avg Forecast | $933.58M | $993.85M | $994.56M | $935.14M | $987.68M | $1.02B | $1.02B | $958.33M | $968.30M | $1.03B | $1.02B | $957.14M | $967.55M | $1.16B | $1.07B | $973.47M | $1.03B | $1.06B | $854.70M | $940.61M | $957.83M | $960.65M | $964.69M | $857.53M | $870.01M | $938.94M | $926.62M | $840.84M | $993.74M | $711.51M |
High Forecast | $943.54M | $1.00B | $1.01B | $945.12M | $998.22M | $1.03B | $1.03B | $968.56M | $978.64M | $1.04B | $1.03B | $959.43M | $967.55M | $1.39B | $1.08B | $983.86M | $1.04B | $1.27B | $1.03B | $949.06M | $966.44M | $1.15B | $973.35M | $865.23M | $877.82M | $1.13B | $934.94M | $848.39M | $1.00B | $853.82M |
Low Forecast | $926.15M | $985.95M | $986.64M | $927.70M | $979.82M | $1.01B | $1.01B | $950.71M | $960.60M | $1.02B | $1.02B | $954.85M | $967.55M | $929.91M | $1.05B | $965.72M | $1.02B | $845.37M | $683.76M | $931.80M | $948.86M | $768.52M | $955.65M | $849.49M | $861.85M | $751.15M | $917.94M | $832.96M | $984.43M | $569.21M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 0.76% | 1.10% | 0.79% | 0.67% | 1.13% | 0.38% | 1.09% | 0.86% | 0.83% | 0.99% | 0.65% | 0.86% | 1.00% | 1.00% | 0.79% | 0.86% |
General Mills Net Income Forecast
May 27 | Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 10 | 5 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 6 | 3 | 3 | 3 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $13.20M | $595.50M | $673.50M | $13.40M | $553.10M | $605.90M | $820.00M | $822.80M | $632.70M | $575.40M | $627.00M | $416.80M | $595.70M | $688.40M | $638.90M | $625.70M | $454.10M |
Avg Forecast | $664.01M | $709.50M | $757.94M | $663.01M | $643.87M | $670.50M | $712.60M | $627.42M | $603.28M | $650.41M | $686.15M | $597.08M | $559.97M | $706.68M | $651.50M | $609.92M | $600.76M | $642.43M | $669.81M | $565.37M | $568.65M | $584.03M | $592.65M | $500.84M | $476.78M | $609.88M | $548.72M | $494.82M | $599.84M | $448.13M |
High Forecast | $673.22M | $719.34M | $768.46M | $672.21M | $652.81M | $679.80M | $722.49M | $636.13M | $611.65M | $661.82M | $703.02M | $599.05M | $560.02M | $848.01M | $668.49M | $618.38M | $609.10M | $770.92M | $803.77M | $571.97M | $575.29M | $700.84M | $599.57M | $506.69M | $482.34M | $731.86M | $555.12M | $500.60M | $606.85M | $537.75M |
Low Forecast | $657.14M | $702.16M | $750.10M | $656.15M | $637.21M | $663.56M | $705.23M | $620.94M | $597.04M | $639.00M | $674.90M | $595.10M | $559.91M | $565.34M | $628.84M | $603.61M | $594.55M | $513.95M | $535.84M | $558.48M | $561.73M | $467.22M | $585.43M | $494.74M | $470.97M | $487.91M | $542.04M | $488.80M | $592.54M | $358.50M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.02% | 0.91% | 1.10% | 0.02% | 0.86% | 0.90% | 1.45% | 1.45% | 1.08% | 0.97% | 1.25% | 0.87% | 0.98% | 1.25% | 1.29% | 1.04% | 1.01% |
General Mills SG&A Forecast
May 27 | Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 10 | 5 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 6 | 3 | 3 | 3 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $790.90M | $830.50M | $839.30M | $867.90M | $946.90M | $894.20M | $791.40M | $809.40M | $751.40M | $828.80M | $757.40M | $823.00M | $716.30M | $804.10M | $736.20M | $927.10M | $746.60M |
Avg Forecast | $785.90M | $836.64M | $837.23M | $787.21M | $831.44M | $860.16M | $856.92M | $806.74M | $815.13M | $865.00M | $862.55M | $805.73M | $814.49M | $839.26M | $898.48M | $819.48M | $868.69M | $762.96M | $963.78M | $791.82M | $806.32M | $693.60M | $812.09M | $721.88M | $732.38M | $733.35M | $780.04M | $707.83M | $836.55M | $736.78M |
High Forecast | $794.29M | $845.57M | $846.17M | $795.61M | $840.32M | $869.34M | $866.06M | $815.35M | $823.83M | $871.70M | $870.90M | $807.66M | $814.49M | $1.01B | $911.94M | $828.23M | $877.97M | $915.55M | $1.16B | $798.93M | $813.56M | $832.32M | $819.38M | $728.36M | $738.96M | $880.03M | $787.05M | $714.19M | $844.06M | $884.13M |
Low Forecast | $779.65M | $829.98M | $830.57M | $780.95M | $824.83M | $853.32M | $850.10M | $800.32M | $808.65M | $858.31M | $859.20M | $803.80M | $814.49M | $671.40M | $879.97M | $812.96M | $861.78M | $610.37M | $771.02M | $784.40M | $798.76M | $554.88M | $804.48M | $715.12M | $725.52M | $586.68M | $772.73M | $701.20M | $828.71M | $589.42M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 0.92% | 1.02% | 1.00% | 1.24% | 0.93% | 1.00% | 1.00% | 1.08% | 1.02% | 1.05% | 1.12% | 0.98% | 1.03% | 1.04% | 1.11% | 1.01% |
General Mills EPS Forecast
May 27 | Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 10 | 10 | 5 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 6 | 3 | 3 | 3 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.18 | $1.03 | $1.15 | $1.04 | $0.94 | $1.01 | $1.37 | $1.36 | $1.04 | $0.95 | $1.03 | $0.68 | $0.97 | $1.12 | $1.04 | $1.03 | $0.75 |
Avg Forecast | $1.18 | $1.26 | $1.34 | $1.18 | $1.14 | $1.19 | $1.26 | $1.11 | $1.07 | $1.15 | $1.22 | $1.06 | $0.99 | $1.05 | $1.16 | $1.08 | $1.07 | $0.92 | $1.07 | $1.00 | $1.01 | $0.78 | $1.05 | $0.89 | $0.85 | $0.84 | $0.97 | $0.88 | $1.06 | $0.76 |
High Forecast | $1.19 | $1.28 | $1.36 | $1.19 | $1.16 | $1.21 | $1.28 | $1.13 | $1.08 | $1.17 | $1.25 | $1.06 | $0.99 | $1.05 | $1.19 | $1.10 | $1.08 | $0.94 | $1.08 | $1.01 | $1.02 | $0.79 | $1.06 | $0.90 | $0.86 | $0.85 | $0.98 | $0.89 | $1.08 | $0.77 |
Low Forecast | $1.17 | $1.25 | $1.33 | $1.16 | $1.13 | $1.18 | $1.25 | $1.10 | $1.06 | $1.13 | $1.20 | $1.06 | $0.99 | $1.05 | $1.12 | $1.07 | $1.05 | $0.92 | $1.05 | $0.99 | $1.00 | $0.77 | $1.04 | $0.88 | $0.84 | $0.83 | $0.96 | $0.87 | $1.05 | $0.75 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.13% | 0.89% | 1.06% | 0.98% | 1.02% | 0.95% | 1.37% | 1.35% | 1.33% | 0.90% | 1.16% | 0.80% | 1.16% | 1.15% | 1.18% | 0.97% | 0.99% |
General Mills Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
HRL | Hormel Foods | $30.74 | $42.86 | 39.43% | Hold |
LW | Lamb Weston | $77.46 | $98.29 | 26.89% | Buy |
CAG | Conagra Brands | $28.77 | $35.25 | 22.52% | Hold |
KHC | Kraft Heinz Company | $33.38 | $40.81 | 22.26% | Buy |
SJM | J. M. Smucker Company | $113.69 | $135.23 | 18.95% | Hold |
GIS | General Mills | $68.09 | $75.10 | 10.30% | Hold |
CPB | Campbell Soup Company | $46.38 | $49.56 | 6.86% | Hold |
MKC | McCormick & Company | $78.18 | $79.44 | 1.61% | Hold |
K | Kellanova | $80.60 | $74.03 | -8.15% | Hold |
GIS Forecast FAQ
Is General Mills a good buy?
No, according to 22 Wall Street analysts, General Mills (GIS) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 31.82% of GIS's total ratings.
What is GIS's price target?
General Mills (GIS) average price target is $75.1 with a range of $53 to $90, implying a 10.30% from its last price of $68.09. The data is based on 22 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will General Mills stock go up soon?
According to Wall Street analysts' prediction for GIS stock, the company can go up by 10.30% (from the last price of $68.09 to the average price target of $75.1), up by 32.18% based on the highest stock price target, and down by -22.16% based on the lowest stock price target.
Can General Mills stock reach $100?
GIS's average twelve months analyst stock price target of $75.1 does not support the claim that General Mills can reach $100 in the near future.
What are General Mills's analysts' financial forecasts?
General Mills's analysts financial forecasts for the fiscal year (May 2026) are as follows: average revenue is $19.99B (high $20.21B, low $19.83B), average EBITDA is $3.99B (high $4.03B, low $3.95B), average net income is $2.65B (high $2.69B, low $2.63B), average SG&A $3.36B (high $3.39B, low $3.33B), and average EPS is $4.71 (high $4.77, low $4.66). GIS's analysts financial forecasts for the fiscal year (May 2027) are as follows: average revenue is $19.35B (high $19.55B, low $19.19B), average EBITDA is $3.86B (high $3.9B, low $3.83B), average net income is $2.79B (high $2.83B, low $2.77B), average SG&A $3.25B (high $3.28B, low $3.22B), and average EPS is $4.96 (high $5.03, low $4.91).
Did the GIS's actual financial results beat the analysts' financial forecasts?
Based on General Mills's last annual report (May 2023), the company's revenue was $20.09B, beating the average analysts forecast of $20.06B by 0.18%. Apple's EBITDA was $3.2B, missing the average prediction of $3.88B by -17.52%. The company's net income was $2.59B, beating the average estimation of $2.48B by 4.66%. Apple's SG&A was $3.5B, beating the average forecast of $3.39B by 3.34%. Lastly, the company's EPS was $4.36, beating the average prediction of $4.06 by 7.44%. In terms of the last quarterly report (Feb 2024), General Mills's revenue was $5.1B, beating the average analysts' forecast of $4.97B by 2.62%. The company's EBITDA was $910.7M, missing the average prediction of $1.16B by -21.65%. General Mills's net income was $13.2M, missing the average estimation of $706.68M by -98.13%. The company's SG&A was $790.9M, missing the average forecast of $839.26M by -5.76%. Lastly, the company's EPS was $1.18, beating the average prediction of $1.05 by 12.87%