Kellanova (K) Stock Forecast, Price Target & Predictions
K Stock Forecast
Kellanova stock forecast is as follows: an average price target of $74.03 (represents a -8.24% downside from K’s last price of $80.68) and a rating consensus of 'Hold', based on 19 wall street analysts offering a 1-year stock forecast.
K Price Target
The average price target for Kellanova (K) is $74.03 based on 1-year price targets from 19 Wall Street analysts in the past 3 months, with a price target range of $87.00 to $60.00. This represents a potential -8.24% downside from K's last price of $80.68.
K Analyst Ratings
According to 19 Wall Street analysts, Kellanova's rating consensus is 'Hold'. The analyst rating breakdown for K stock is 0 'Strong Buy' (0.00%), 2 'Buy' (10.53%), 15 'Hold' (78.95%), 2 'Sell' (10.53%), and 0 'Strong Sell' (0.00%).
Kellanova Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 23, 2024 | Brian Holland | D.A. Davidson | $87.00 | $80.67 | 7.85% | 7.83% |
| Aug 15, 2024 | Michael Lavery | Piper Sandler | $83.50 | $80.23 | 4.07% | 3.50% |
| Aug 15, 2024 | Sector Perform | RBC Capital | $83.50 | $80.28 | 4.01% | 3.50% |
| Aug 14, 2024 | Matthew Smith | Stifel Nicolaus | $83.50 | $80.28 | 4.01% | 3.50% |
| Aug 12, 2024 | Matthew Smith | Stifel Nicolaus | $76.00 | $74.88 | 1.50% | -5.80% |
| Aug 12, 2024 | Leah Jordan | Goldman Sachs | $75.00 | $74.88 | 0.16% | -7.04% |
| Aug 05, 2024 | Arun Sundaram | CFRA | $78.00 | $73.20 | 6.56% | -3.32% |
| Aug 05, 2024 | Brian Holland | D.A. Davidson | $73.00 | $72.26 | 1.02% | -9.52% |
| Aug 05, 2024 | Nik Modi | RBC Capital | $76.00 | $72.13 | 5.37% | -5.80% |
| Aug 05, 2024 | Max Gumport | BNP Paribas | $74.00 | $62.98 | 17.50% | -8.28% |
The latest Kellanova stock forecast, released on Aug 23, 2024 by Brian Holland from D.A. Davidson, set a price target of $87.00, which represents a 7.85% increase from the stock price at the time of the forecast ($80.67), and a 7.83% increase from K last price ($80.68).
Kellanova Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 11 | 15 |
| Avg Price Target | $87.00 | $77.23 | $73.43 |
| Last Closing Price | $80.68 | $80.68 | $80.68 |
| Upside/Downside | 7.83% | -4.28% | -8.99% |
In the current month, the average price target of Kellanova stock is $87.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 7.83% increase as opposed to Kellanova's last price of $80.68. This month's average price target is up 12.65% compared to last quarter, and up 18.48% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 15, 2024 | Piper Sandler | Cautious | Cautious | Hold |
| Aug 15, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Aug 15, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Aug 15, 2024 | RBC Capital | Outperform | Sector Perform | Downgrade |
| Aug 12, 2024 | Goldman Sachs | Buy | Neutral | Initialise |
| Aug 05, 2024 | CFRA | Hold | Hold | Hold |
| Aug 05, 2024 | RBC Capital | - | Outperform | Upgrade |
| Aug 05, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Aug 05, 2024 | Exane BNP Paribas | Neutral | Outperform | Upgrade |
| Aug 02, 2024 | Piper Sandler | Neutral | Neutral | Hold |
Kellanova's last stock rating was published by Piper Sandler on Aug 15, 2024. The company gave K a "Cautious" rating, the same as its previous rate.
Kellanova Financial Forecast
Kellanova Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $3.17B | - | $4.04B | $4.05B | $3.83B | $3.95B | $3.86B | $3.67B | $3.46B | $3.62B | $3.56B | $3.58B | - | $3.43B | $3.46B | $3.41B | $3.22B | $3.37B |
| Avg Forecast | $3.26B | $3.33B | $3.35B | $3.30B | $3.19B | $3.24B | $3.28B | $3.25B | $3.10B | $3.16B | $3.15B | $3.16B | $3.07B | $4.04B | $4.06B | $3.96B | $3.66B | $3.78B | $3.64B | $3.59B | $3.39B | $3.54B | $3.43B | $3.38B | $3.51B | $3.40B | $3.30B | $3.39B | $3.18B | $3.35B |
| High Forecast | $3.26B | $3.33B | $3.35B | $3.30B | $3.19B | $3.24B | $3.28B | $3.25B | $3.10B | $3.21B | $3.15B | $3.16B | $3.12B | $4.45B | $4.06B | $3.96B | $3.66B | $3.78B | $3.64B | $3.64B | $3.45B | $3.60B | $3.49B | $3.43B | $3.57B | $3.46B | $3.35B | $3.44B | $3.23B | $3.40B |
| Low Forecast | $3.26B | $3.33B | $3.35B | $3.30B | $3.19B | $3.24B | $3.28B | $3.25B | $3.10B | $3.12B | $3.15B | $3.16B | $3.02B | $3.63B | $4.06B | $3.96B | $3.66B | $3.78B | $3.64B | $3.52B | $3.33B | $3.48B | $3.37B | $3.31B | $3.44B | $3.34B | $3.24B | $3.32B | $3.12B | $3.29B |
| # Analysts | 2 | 2 | 2 | 2 | - | - | - | - | 1 | 3 | 1 | 3 | 5 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 15 | 10 | 16 | 8 | 11 | 7 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | - | 0.99% | 1.02% | 1.05% | 1.04% | 1.06% | 1.02% | 1.02% | 1.02% | 1.04% | 1.06% | - | 1.01% | 1.05% | 1.01% | 1.01% | 1.01% |
Kellanova's average Quarter revenue forecast for Mar 24 based on 3 analysts is $3.16B, with a low forecast of $3.16B, and a high forecast of $3.16B. K's average Quarter revenue forecast represents a -0.34% decrease compared to the company's last Quarter revenue of $3.17B (Dec 23).
Kellanova EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | - | - | - | - | 1 | 3 | 1 | 3 | 5 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 15 | 10 | 16 | 8 | 11 | 7 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $328.00M | - | $509.00M | $582.00M | $-73.00M | $535.00M | $594.00M | $710.00M | $469.00M | $568.00M | $702.00M | $648.00M | - | $597.00M | $646.00M | $622.00M | $416.00M | $527.00M |
| Avg Forecast | $509.44M | $521.03M | $524.00M | $515.71M | $498.27M | $507.01M | $512.25M | $507.51M | $484.36M | $493.54M | $492.06M | $701.07M | $480.56M | $631.98M | $635.33M | $637.34M | $572.68M | $532.72M | $568.84M | $579.40M | $696.84M | $484.29M | $627.03M | $546.75M | $484.81M | $569.55M | $439.83M | $602.56M | $386.64M | $457.51M |
| High Forecast | $509.44M | $521.03M | $524.00M | $515.71M | $498.27M | $507.01M | $512.25M | $507.51M | $484.36M | $501.37M | $492.06M | $841.29M | $488.33M | $696.06M | $635.33M | $764.81M | $572.68M | $639.27M | $568.84M | $695.28M | $836.20M | $581.15M | $752.43M | $656.10M | $581.77M | $683.46M | $527.80M | $723.08M | $463.96M | $549.01M |
| Low Forecast | $509.44M | $521.03M | $524.00M | $515.71M | $498.27M | $507.01M | $512.25M | $507.51M | $484.36M | $487.27M | $492.06M | $560.86M | $472.78M | $566.79M | $635.33M | $509.87M | $572.68M | $426.18M | $568.84M | $463.52M | $557.47M | $387.44M | $501.62M | $437.40M | $387.85M | $455.64M | $351.86M | $482.05M | $309.31M | $366.00M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.68% | - | 0.80% | 0.91% | -0.13% | 1.00% | 1.04% | 1.23% | 0.67% | 1.17% | 1.12% | 1.19% | - | 1.05% | 1.47% | 1.03% | 1.08% | 1.15% |
3 analysts predict K's average Quarter EBITDA for Mar 24 to be $701.07M, with a high of $841.29M and a low of $560.86M. This is 113.74% upper than Kellanova's previous annual EBITDA (Dec 23) of $328.00M.
Kellanova Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | - | - | - | - | 1 | 3 | 1 | 3 | 5 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 15 | 10 | 16 | 8 | 11 | 7 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $27.00M | - | $357.00M | $298.00M | $-103.00M | $310.00M | $326.00M | $422.00M | $205.00M | $307.00M | $380.00M | $368.00M | - | $348.00M | $351.00M | $347.00M | $145.00M | $247.00M |
| Avg Forecast | $319.08M | $327.93M | $379.30M | $369.98M | $305.04M | $313.09M | $366.43M | $360.91M | $286.88M | $292.56M | $310.48M | $417.28M | $255.73M | $306.00M | $358.77M | $379.35M | $273.55M | $287.93M | $338.18M | $344.86M | $411.08M | $261.76M | $339.42M | $310.50M | $211.91M | $332.00M | $238.98M | $336.16M | $134.76M | $214.43M |
| High Forecast | $319.08M | $327.93M | $379.30M | $369.98M | $305.04M | $313.09M | $366.43M | $360.91M | $286.88M | $306.33M | $310.48M | $500.74M | $266.10M | $335.50M | $358.77M | $455.22M | $273.55M | $345.52M | $338.18M | $413.83M | $493.29M | $314.11M | $407.30M | $372.60M | $254.29M | $398.40M | $286.77M | $403.39M | $161.72M | $257.31M |
| Low Forecast | $319.08M | $327.93M | $379.30M | $369.98M | $305.04M | $313.09M | $366.43M | $360.91M | $286.88M | $282.23M | $310.48M | $333.82M | $252.27M | $272.82M | $358.77M | $303.48M | $273.55M | $230.35M | $338.18M | $275.89M | $328.86M | $209.41M | $271.53M | $248.40M | $169.53M | $265.60M | $191.18M | $268.93M | $107.81M | $171.54M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.11% | - | 1.00% | 0.79% | -0.38% | 1.08% | 0.96% | 1.22% | 0.50% | 1.17% | 1.12% | 1.19% | - | 1.05% | 1.47% | 1.03% | 1.08% | 1.15% |
Kellanova's average Quarter net income forecast for Mar 24 is $417.28M, with a range of $333.82M to $500.74M. K's average Quarter net income forecast represents a 1445.48% increase compared to the company's last Quarter net income of $27.00M (Dec 23).
Kellanova SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | - | - | - | - | 1 | 3 | 1 | 3 | 5 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 15 | 10 | 16 | 8 | 11 | 7 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $767.00M | - | $824.00M | $770.00M | $825.00M | $785.00M | $728.00M | $642.00M | $800.00M | $718.00M | $720.00M | $694.00M | - | $790.00M | $691.00M | $685.00M | $728.00M | $737.00M |
| Avg Forecast | $677.27M | $692.68M | $696.63M | $685.61M | $662.42M | $674.04M | $681.01M | $674.71M | $643.93M | $656.13M | $654.17M | $634.82M | $638.87M | $840.19M | $844.63M | $577.11M | $761.35M | $673.41M | $756.24M | $524.65M | $641.77M | $612.19M | $643.11M | $585.56M | $826.97M | $753.68M | $470.47M | $663.59M | $676.61M | $639.81M |
| High Forecast | $677.27M | $692.68M | $696.63M | $685.61M | $662.42M | $674.04M | $681.01M | $674.71M | $643.93M | $666.54M | $654.17M | $761.78M | $649.21M | $925.37M | $844.63M | $692.53M | $761.35M | $808.09M | $756.24M | $629.57M | $770.13M | $734.63M | $771.73M | $702.67M | $992.36M | $904.41M | $564.56M | $796.31M | $811.93M | $767.78M |
| Low Forecast | $677.27M | $692.68M | $696.63M | $685.61M | $662.42M | $674.04M | $681.01M | $674.71M | $643.93M | $647.80M | $654.17M | $507.86M | $628.53M | $753.52M | $844.63M | $461.69M | $761.35M | $538.73M | $756.24M | $419.72M | $513.42M | $489.75M | $514.49M | $468.45M | $661.57M | $602.94M | $376.37M | $530.88M | $541.29M | $511.85M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.20% | - | 0.98% | 1.33% | 1.08% | 1.17% | 0.96% | 1.22% | 1.25% | 1.17% | 1.12% | 1.19% | - | 1.05% | 1.47% | 1.03% | 1.08% | 1.15% |
Kellanova's average Quarter SG&A projection for Mar 24 is $634.82M, based on 3 Wall Street analysts, with a range of $507.86M to $761.78M. The forecast indicates a -17.23% fall compared to K last annual SG&A of $767.00M (Dec 23).
Kellanova EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | - | - | - | - | 1 | 3 | 1 | 3 | 5 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 15 | 10 | 16 | 8 | 11 | 7 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.08 | - | $1.04 | $0.87 | $-0.30 | $0.91 | $0.96 | $1.24 | $0.60 | $0.90 | $1.12 | $1.07 | - | $1.02 | $1.02 | $1.01 | $0.43 | $0.73 |
| Avg Forecast | $0.92 | $0.95 | $1.10 | $1.07 | $0.88 | $0.91 | $1.06 | $1.05 | $0.83 | $0.85 | $0.90 | $0.85 | $0.74 | $0.89 | $1.04 | $0.93 | $0.79 | $0.92 | $0.98 | $0.87 | $0.74 | $0.88 | $0.97 | $0.90 | $0.83 | $0.81 | $0.88 | $0.89 | $0.80 | $0.85 |
| High Forecast | $0.92 | $0.95 | $1.10 | $1.07 | $0.88 | $0.91 | $1.06 | $1.05 | $0.83 | $0.89 | $0.90 | $0.85 | $0.77 | $0.97 | $1.04 | $0.93 | $0.79 | $0.92 | $0.98 | $0.89 | $0.75 | $0.90 | $0.99 | $0.92 | $0.85 | $0.82 | $0.90 | $0.91 | $0.82 | $0.87 |
| Low Forecast | $0.92 | $0.95 | $1.10 | $1.07 | $0.88 | $0.91 | $1.06 | $1.05 | $0.83 | $0.82 | $0.90 | $0.85 | $0.73 | $0.79 | $1.04 | $0.93 | $0.79 | $0.92 | $0.98 | $0.85 | $0.72 | $0.86 | $0.94 | $0.88 | $0.81 | $0.79 | $0.86 | $0.87 | $0.78 | $0.83 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.11% | - | 1.00% | 0.93% | -0.38% | 0.99% | 0.98% | 1.43% | 0.81% | 1.02% | 1.16% | 1.19% | - | 1.26% | 1.16% | 1.13% | 0.54% | 0.86% |
According to 3 Wall Street analysts, Kellanova's projected average Quarter EPS for Mar 24 is $0.85, with a low estimate of $0.85 and a high estimate of $0.85. This represents a 972.94% increase compared to K previous annual EPS of $0.08 (Dec 23).
Kellanova Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| LW | Lamb Weston | $64.17 | $109.60 | 70.80% | Buy |
| HRL | Hormel Foods | $32.08 | $45.33 | 41.30% | Hold |
| KHC | Kraft Heinz Company | $35.59 | $42.31 | 18.88% | Buy |
| SJM | J. M. Smucker Company | $120.74 | $135.23 | 12.00% | Hold |
| CAG | Conagra Brands | $32.05 | $35.53 | 10.86% | Hold |
| GIS | General Mills | $73.71 | $74.32 | 0.83% | Hold |
| CPB | Campbell Soup Company | $51.09 | $48.22 | -5.62% | Hold |
| MKC | McCormick & Company | $83.76 | $77.57 | -7.39% | Buy |
| K | Kellanova | $80.68 | $74.03 | -8.24% | Hold |
K Forecast FAQ
Is Kellanova a good buy?
No, according to 19 Wall Street analysts, Kellanova (K) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 10.53% of K's total ratings.
What is K's price target?
Kellanova (K) average price target is $74.03 with a range of $60 to $87, implying a -8.24% from its last price of $80.68. The data is based on 19 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Kellanova stock go up soon?
According to Wall Street analysts' prediction for K stock, the company can go down by -8.24% (from the last price of $80.68 to the average price target of $74.03), up by 7.83% based on the highest stock price target, and down by -25.63% based on the lowest stock price target.
Can Kellanova stock reach $120?
K's average twelve months analyst stock price target of $74.03 does not support the claim that Kellanova can reach $120 in the near future.
What is Kellanova's current price target trend?
1 Wall Street analyst forecast a $87 price target for Kellanova (K) this month, up 7.83% from its last price of $80.68. Compared to the last 3 and 12 months, the average price target decreased by -4.28% and decreased by -8.99%, respectively.
What are Kellanova's analysts' financial forecasts?
Kellanova's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $12.95B (high $12.95B, low $12.95B), average EBITDA is $2.03B (high $2.03B, low $2.03B), average net income is $1.35B (high $1.35B, low $1.35B), average SG&A $2.69B (high $2.69B, low $2.69B), and average EPS is $3.9 (high $3.9, low $3.9). K's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $13.24B (high $13.24B, low $13.24B), average EBITDA is $2.07B (high $2.07B, low $2.07B), average net income is $1.4B (high $1.4B, low $1.4B), average SG&A $2.75B (high $2.75B, low $2.75B), and average EPS is $4.05 (high $4.05, low $4.05).
Did the K's actual financial results beat the analysts' financial forecasts?
Based on Kellanova's last annual report (Dec 2023), the company's revenue was $13.12B, which missed the average analysts forecast of $15.14B by -13.31%. Apple's EBITDA was $1.5B, missing the average prediction of $2.39B by -36.90%. The company's net income was $951M, missing the average estimation of $1.3B by -26.84%. Apple's SG&A was $2.78B, missing the average forecast of $2.9B by -4.23%. Lastly, the company's EPS was $2.78, missing the average prediction of $3.6 by -22.84%. In terms of the last quarterly report (Dec 2023), Kellanova's revenue was $3.17B, beating the average analysts' forecast of $3.07B by 3.25%. The company's EBITDA was $328M, missing the average prediction of $480.56M by -31.75%. Kellanova's net income was $27M, missing the average estimation of $255.73M by -89.44%. The company's SG&A was $767M, beating the average forecast of $638.87M by 20.06%. Lastly, the company's EPS was $0.0789, missing the average prediction of $0.741 by -89.36%