Kraft Heinz Company (KHC) Stock Forecast, Price Target & Predictions


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KHC Stock Forecast


Kraft Heinz Company stock forecast is as follows: an average price target of $42.31 (represents a 20.75% upside from KHC’s last price of $35.04) and a rating consensus of 'Buy', based on 17 wall street analysts offering a 1-year stock forecast.

KHC Price Target


The average price target for Kraft Heinz Company (KHC) is $42.31 based on 1-year price targets from 17 Wall Street analysts in the past 3 months, with a price target range of $70.00 to $34.00. This represents a potential 20.75% upside from KHC's last price of $35.04.

KHC Analyst Ratings


Buy

According to 17 Wall Street analysts, Kraft Heinz Company's rating consensus is 'Buy'. The analyst rating breakdown for KHC stock is 0 'Strong Buy' (0.00%), 11 'Buy' (64.71%), 5 'Hold' (29.41%), 1 'Sell' (5.88%), and 0 'Strong Sell' (0.00%).

Kraft Heinz Company Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 01, 2024Stephen PowersDeutsche Bank$40.00$35.2313.52%14.16%
Jul 19, 2024Andrew LazarBarclays$34.00$33.770.68%-2.97%
Jun 27, 2024Chris CareyWells Fargo$34.00$32.325.20%-2.97%
May 22, 2024Michael LaveryPiper Sandler$42.00$35.9216.93%19.86%
Nov 14, 2023Alexia HowardBernstein$40.00$33.2420.34%14.16%
Apr 24, 2023Matthew SmithStifel Nicolaus$44.00$39.3411.85%25.57%
Mar 22, 2023Dara MohsenianMorgan Stanley$70.00$38.1983.29%99.77%
Jan 03, 2023-Wells Fargo$43.00$40.386.50%22.72%
Dec 20, 2022Pamela KaufmanMorgan Stanley$41.00$40.112.22%17.01%
Dec 06, 2022-Deutsche Bank$49.00$39.4824.10%39.84%
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The latest Kraft Heinz Company stock forecast, released on Aug 01, 2024 by Stephen Powers from Deutsche Bank, set a price target of $40.00, which represents a 13.52% increase from the stock price at the time of the forecast ($35.23), and a 14.16% increase from KHC last price ($35.04).

Kraft Heinz Company Price Target by Period


1M3M12M
# Anlaysts-35
Avg Price Target-$36.00$38.00
Last Closing Price$35.04$35.04$35.04
Upside/Downside-100.00%2.74%8.45%

In the current month, the average price target of Kraft Heinz Company stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Kraft Heinz Company's last price of $35.04. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 14, 2024Cowen & Co.HoldHoldHold
Aug 12, 2024Wells FargoBuyBuyHold
Aug 12, 2024Sandler O'NeillUnderperformUnderperformHold
Aug 12, 2024Goldman SachsBuySellInitialise
Aug 01, 2024Deutsche BankBuyBuyHold
Aug 01, 2024Bank of America SecuritiesBuyBuyHold
Jul 31, 2024Wells FargoEqual-WeightEqual-WeightHold
Jul 31, 2024Piper SandlerOverweightOverweightHold
Jul 19, 2024BarclaysEqual-WeightEqual-WeightHold
Jul 17, 2024CitigroupBuyBuyHold
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Kraft Heinz Company's last stock rating was published by Cowen & Co. on Aug 14, 2024. The company gave KHC a "Hold" rating, the same as its previous rate.

Kraft Heinz Company Financial Forecast


Kraft Heinz Company Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$6.86B$6.57B$6.72B$6.49B$7.38B$6.50B$6.55B$6.04B$6.71B$6.32B$6.62B$6.39B$6.94B$6.44B$6.65B$6.16B$6.54B$6.08B
Avg Forecast$6.98B$6.56B$6.65B$6.50B$6.95B$6.55B$6.59B$6.44B$6.83B$6.45B$6.55B$6.43B$6.98B$6.70B$6.80B$6.39B$7.26B$6.27B$6.38B$5.83B$6.60B$6.04B$6.55B$6.25B$6.82B$6.32B$6.55B$6.10B$6.61B$6.12B
High Forecast$7.12B$6.69B$6.78B$6.63B$7.09B$6.68B$6.72B$6.57B$6.97B$6.51B$6.68B$6.56B$7.15B$6.89B$6.93B$6.52B$7.41B$6.40B$6.38B$5.88B$6.66B$6.10B$6.61B$6.30B$6.88B$6.38B$6.61B$6.15B$6.66B$6.18B
Low Forecast$6.86B$6.45B$6.54B$6.39B$6.83B$6.44B$6.48B$6.34B$6.72B$6.35B$6.44B$6.32B$6.83B$6.58B$6.68B$6.29B$7.14B$6.16B$6.38B$5.77B$6.54B$5.98B$6.49B$6.18B$6.75B$6.26B$6.49B$6.04B$6.54B$6.06B
# Analysts548533634963714127668671177559644
Surprise %------------0.98%0.98%0.99%1.01%1.02%1.04%1.03%1.04%1.02%1.05%1.01%1.02%1.02%1.02%1.01%1.01%0.99%0.99%

Kraft Heinz Company's average Quarter revenue forecast for Mar 24 based on 3 analysts is $6.43B, with a low forecast of $6.32B, and a high forecast of $6.56B. KHC's average Quarter revenue forecast represents a -6.28% decrease compared to the company's last Quarter revenue of $6.86B (Dec 23).

Kraft Heinz Company EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts548533634963714127668671177559644
EBITDA------------$1.30B$653.00M$1.38B$1.50B$1.52B$1.30B$1.50B$1.42B$1.61B$1.52B$1.60B$1.57B$1.86B$1.75B$1.86B$1.32B$1.33B$1.81B
Avg Forecast$1.67B$1.57B$1.59B$1.55B$1.66B$1.56B$1.57B$1.54B$1.63B$1.54B$1.56B$1.72B$1.67B$1.60B$1.62B$1.57B$1.73B$1.47B$1.52B$1.24B$228.63M$1.34B$1.38B$1.04B$1.71B$1.26B$-779.23M$1.03B$855.53M$1.30B
High Forecast$1.70B$1.60B$1.62B$1.58B$1.69B$1.59B$1.60B$1.57B$1.66B$1.55B$1.59B$2.07B$1.70B$1.64B$1.65B$1.88B$1.77B$1.76B$1.52B$1.49B$274.35M$1.60B$1.66B$1.25B$2.05B$1.52B$-623.38M$1.24B$1.03B$1.56B
Low Forecast$1.64B$1.54B$1.56B$1.52B$1.63B$1.54B$1.55B$1.51B$1.60B$1.51B$1.54B$1.38B$1.63B$1.57B$1.59B$1.25B$1.70B$1.18B$1.52B$991.52M$182.90M$1.07B$1.11B$833.30M$1.37B$1.01B$-935.08M$825.19M$684.42M$1.04B
Surprise %------------0.78%0.41%0.85%0.96%0.88%0.88%0.98%1.15%7.03%1.14%1.16%1.51%1.09%1.39%-2.39%1.28%1.55%1.39%

3 analysts predict KHC's average Quarter EBITDA for Mar 24 to be $1.72B, with a high of $2.07B and a low of $1.38B. This is 32.66% upper than Kraft Heinz Company's previous annual EBITDA (Dec 23) of $1.30B.

Kraft Heinz Company Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts548533634963714127668671177559644
Net Income------------$757.00M$262.00M$1.00B$836.00M$890.00M$432.00M$265.00M$776.00M$-255.00M$733.00M$-25.00M$563.00M$1.03B$597.00M$-1.65B$378.00M$182.00M$899.00M
Avg Forecast$1.06B$979.00M$1.02B$919.03M$1.04B$953.89M$982.81M$878.34M$987.79M$905.97M$892.91M$937.19M$936.61M$798.18M$921.75M$851.99M$945.88M$708.99M$833.72M$673.51M$-186.53M$644.53M$-25.15M$438.95M$948.32M$519.97M$-1.27B$357.38M$171.29M$649.28M
High Forecast$1.09B$1.00B$1.05B$943.19M$1.07B$978.97M$1.01B$901.43M$1.01B$930.46M$916.38M$1.12B$960.94M$836.80M$945.99M$1.02B$970.74M$850.79M$833.72M$808.21M$-149.23M$773.44M$-20.12M$526.74M$1.14B$623.96M$-1.02B$428.86M$205.55M$779.13M
Low Forecast$1.04B$957.54M$1.00B$898.88M$1.02B$932.98M$961.26M$859.08M$966.14M$886.10M$873.33M$749.75M$912.28M$759.56M$901.54M$681.59M$925.13M$567.19M$833.72M$538.81M$-223.84M$515.63M$-30.18M$351.16M$758.66M$415.97M$-1.52B$285.91M$137.04M$519.42M
Surprise %------------0.81%0.33%1.08%0.98%0.94%0.61%0.32%1.15%1.37%1.14%0.99%1.28%1.09%1.15%1.30%1.06%1.06%1.38%

Kraft Heinz Company's average Quarter net income forecast for Mar 24 is $937.19M, with a range of $749.75M to $1.12B. KHC's average Quarter net income forecast represents a 23.80% increase compared to the company's last Quarter net income of $757.00M (Dec 23).

Kraft Heinz Company SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts548533634963714127668671177559644
SG&A------------$1.02B$920.00M$885.00M$870.00M$1.14B$798.00M$812.00M$827.00M$891.00M$872.00M$943.00M$882.00M$973.00M$897.00M$918.00M$862.00M$837.00M$762.00M
Avg Forecast$938.82M$882.27M$894.00M$873.67M$934.18M$881.03M$886.03M$866.60M$918.56M$867.23M$880.28M$998.78M$939.25M$901.61M$914.03M$907.98M$976.09M$843.43M$858.57M$717.77M$646.69M$766.76M$878.41M$687.66M$894.11M$781.26M$706.15M$1.03B$1.45B$562.61M
High Forecast$957.80M$900.12M$912.08M$891.33M$953.08M$898.85M$903.95M$884.12M$937.13M$875.31M$898.08M$1.20B$960.81M$926.21M$932.51M$1.09B$995.83M$1.01B$858.57M$861.33M$776.03M$920.11M$1.05B$825.19M$1.07B$937.51M$847.38M$1.24B$1.74B$675.13M
Low Forecast$922.98M$867.39M$878.92M$858.93M$918.43M$866.17M$871.09M$851.98M$903.06M$853.77M$865.43M$799.03M$919.04M$884.63M$898.61M$726.39M$959.63M$674.75M$858.57M$574.22M$517.35M$613.41M$702.73M$550.13M$715.29M$625.01M$564.92M$824.44M$1.16B$450.09M
Surprise %------------1.08%1.02%0.97%0.96%1.17%0.95%0.95%1.15%1.38%1.14%1.07%1.28%1.09%1.15%1.30%0.84%0.58%1.35%

Kraft Heinz Company's average Quarter SG&A projection for Mar 24 is $998.78M, based on 3 Wall Street analysts, with a range of $799.03M to $1.20B. The forecast indicates a -1.79% fall compared to KHC last annual SG&A of $1.02B (Dec 23).

Kraft Heinz Company EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts548533634963714127668671177559644
EPS------------$0.61$0.21$0.81$0.68$0.73$0.35$0.22$0.63$-0.21$0.60$-0.02$0.46$0.84$0.49$-1.35$0.31$0.15$0.74
Avg Forecast$0.87$0.81$0.84$0.76$0.85$0.78$0.81$0.72$0.81$0.75$0.73$0.69$0.77$0.66$0.76$0.60$0.78$0.56$0.68$0.53$0.63$0.58$0.72$0.60$0.74$0.62$0.65$0.54$0.68$0.53
High Forecast$0.90$0.83$0.86$0.78$0.88$0.81$0.83$0.74$0.83$0.77$0.75$0.70$0.79$0.69$0.78$0.61$0.80$0.57$0.68$0.54$0.64$0.58$0.73$0.61$0.74$0.63$0.66$0.55$0.69$0.54
Low Forecast$0.85$0.79$0.82$0.74$0.83$0.77$0.79$0.71$0.79$0.73$0.72$0.67$0.75$0.62$0.74$0.58$0.76$0.54$0.68$0.53$0.62$0.57$0.71$0.59$0.73$0.61$0.64$0.54$0.67$0.52
Surprise %------------0.79%0.32%1.07%1.14%0.94%0.63%0.32%1.18%-0.33%1.04%-0.03%0.77%1.14%0.79%-2.07%0.57%0.22%1.39%

According to 3 Wall Street analysts, Kraft Heinz Company's projected average Quarter EPS for Mar 24 is $0.69, with a low estimate of $0.67 and a high estimate of $0.70. This represents a 12.61% increase compared to KHC previous annual EPS of $0.61 (Dec 23).

Kraft Heinz Company Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
LWLamb Weston$65.69$109.6066.84%Buy
HRLHormel Foods$32.37$45.3340.04%Hold
KHCKraft Heinz Company$35.04$42.3120.75%Buy
SJMJ. M. Smucker Company$119.71$135.2312.96%Hold
CAGConagra Brands$32.56$35.539.12%Hold
GISGeneral Mills$74.50$74.800.40%Hold
CPBCampbell Soup Company$51.52$48.22-6.41%Hold
KKellanova$80.64$74.03-8.20%Hold
MKCMcCormick & Company$84.50$77.57-8.20%Buy

KHC Forecast FAQ


Yes, according to 17 Wall Street analysts, Kraft Heinz Company (KHC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 11 'Buy' recommendations, accounting for 64.71% of KHC's total ratings.

Kraft Heinz Company (KHC) average price target is $42.31 with a range of $34 to $70, implying a 20.75% from its last price of $35.04. The data is based on 17 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for KHC stock, the company can go up by 20.75% (from the last price of $35.04 to the average price target of $42.31), up by 99.77% based on the highest stock price target, and down by -2.97% based on the lowest stock price target.

KHC's highest twelve months analyst stock price target of $70 supports the claim that Kraft Heinz Company can reach $50 in the near future.

Kraft Heinz Company's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $26.53B (high $27.07B, low $26.09B), average EBITDA is $6.33B (high $6.46B, low $6.22B), average net income is $3.85B (high $3.95B, low $3.77B), average SG&A $3.57B (high $3.64B, low $3.51B), and average EPS is $3.17 (high $3.25, low $3.1). KHC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $26.69B (high $27.23B, low $26.24B), average EBITDA is $6.37B (high $6.49B, low $6.26B), average net income is $3.99B (high $4.09B, low $3.9B), average SG&A $3.59B (high $3.66B, low $3.53B), and average EPS is $3.28 (high $3.36, low $3.21).

Based on Kraft Heinz Company's last annual report (Dec 2023), the company's revenue was $26.64B, which missed the average analysts forecast of $26.88B by -0.90%. Apple's EBITDA was $4.57B, missing the average prediction of $6.45B by -29.17%. The company's net income was $2.86B, missing the average estimation of $3.51B by -18.63%. Apple's SG&A was $3.69B, beating the average forecast of $3.66B by 0.80%. Lastly, the company's EPS was $2.31, missing the average prediction of $2.78 by -16.95%. In terms of the last quarterly report (Dec 2023), Kraft Heinz Company's revenue was $6.86B, missing the average analysts' forecast of $6.98B by -1.79%. The company's EBITDA was $1.3B, missing the average prediction of $1.67B by -21.97%. Kraft Heinz Company's net income was $757M, missing the average estimation of $936.61M by -19.18%. The company's SG&A was $1.02B, beating the average forecast of $939.25M by 8.28%. Lastly, the company's EPS was $0.61, missing the average prediction of $0.77 by -20.80%