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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 $35.17 (represents a 15.39% upside from KHC’s last price of $30.48) 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 $35.17 based on 1-year price targets from 17 Wall Street analysts in the past 3 months, with a price target range of $41.00 to $32.00. This represents a potential 15.39% upside from KHC's last price of $30.48.

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%), 8 'Buy' (47.06%), 8 'Hold' (47.06%), 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
Nov 19, 2024Michael LaveryPiper Sandler$35.00$35.27-0.77%14.83%
Oct 31, 2024John BaumgartnerMizuho Securities$41.00$33.8920.98%34.51%
Oct 31, 2024Steve PowersDeutsche Bank$35.00$33.733.77%14.83%
Oct 30, 2024Leah JordanGoldman Sachs$32.00$33.73-5.13%4.99%
Oct 03, 2024Michael LaveryPiper Sandler$41.00$34.0520.39%34.51%
Aug 01, 2024Stephen PowersDeutsche Bank$40.00$35.2313.52%31.23%
Jul 19, 2024Andrew LazarBarclays$34.00$33.770.68%11.55%
Jun 27, 2024Chris CareyWells Fargo$34.00$32.325.20%11.55%
May 22, 2024Michael LaveryPiper Sandler$42.00$35.9216.93%37.80%
Nov 14, 2023Alexia HowardBernstein$40.00$33.2420.34%31.23%
Apr 24, 2023Matthew SmithStifel Nicolaus$44.00$39.3411.85%44.36%
Mar 22, 2023Dara MohsenianMorgan Stanley$70.00$38.1983.29%129.66%
Jan 03, 2023Wells Fargo$43.00$40.386.50%41.08%
Dec 20, 2022Pamela KaufmanMorgan Stanley$41.00$40.112.22%34.51%
Dec 06, 2022Deutsche Bank$49.00$39.4824.10%60.76%
Nov 15, 2022BNP Paribas$39.00$37.164.95%27.95%
Oct 14, 2022Pamela KaufmanMorgan Stanley$37.00$35.783.41%21.39%
Oct 09, 2022Jason EnglishGoldman Sachs$43.00$33.0330.18%41.08%
Jul 28, 2022Credit Suisse$36.00$36.59-1.63%18.11%
Jul 28, 2022Christopher GroweStifel Nicolaus$43.00$36.3418.33%41.08%
Jul 18, 2022John BaumgartnerMizuho Securities$48.00$38.4324.90%57.48%
Apr 29, 2022Kenneth ZaslowBMO Capital$46.00$43.615.48%50.92%
Apr 28, 2022Christopher GroweStifel Nicolaus$45.00$42.884.94%47.64%
Mar 16, 2022Pamela KaufmanMorgan Stanley$38.00$37.680.85%24.67%
Feb 27, 2022Christopher GroweStifel Nicolaus$41.00$39.733.20%34.51%
Feb 17, 2022Michael LaveryPiper Sandler$40.00$37.396.98%31.23%
Feb 16, 2022Robert DickersonJefferies$40.00$36.2410.38%31.23%
Feb 16, 2022Laurent GrandetGuggenheim$35.00$36.24-3.42%14.83%
Aug 05, 2021Andrew LazarBarclays$41.00$35.7414.72%34.51%
May 05, 2021Axel HerlinghausDZ BANK AG$44.00$40.728.06%44.36%
Apr 30, 2021David PalmerEvercore ISI$42.00$39.596.09%37.80%

The latest Kraft Heinz Company stock forecast, released on Nov 19, 2024 by Michael Lavery from Piper Sandler, set a price target of $35.00, which represents a -0.77% decrease from the stock price at the time of the forecast ($35.27), and a 14.83% increase from KHC last price ($30.48).

Kraft Heinz Company Price Target by Period

1M3M12M
# Anlaysts159
Avg Price Target$35.00$36.80$37.11
Last Closing Price$30.48$30.48$30.48
Upside/Downside14.83%20.74%21.75%

In the current month, the average price target of Kraft Heinz Company stock is $35.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 14.83% increase as opposed to Kraft Heinz Company's last price of $30.48. This month's average price target is down -4.89% compared to last quarter, and down -5.69% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 19, 2024Piper SandlerOverweightNeutralDowngrade
Oct 31, 2024Deutsche BankBuyHoldDowngrade
Oct 31, 2024Deutsche BankBuyPositiveDowngrade
Oct 30, 2024Goldman SachsSellSellHold
Oct 30, 2024Wells FargoEqual-WeightEqual-WeightHold
Oct 03, 2024Wells FargoEqual-WeightEqual-WeightHold
Oct 03, 2024Piper SandlerOverweightOverweightHold
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
Jun 27, 2024Wells FargoEqual-WeightEqual-WeightHold
May 21, 2024Piper SandlerNeutralOverweightUpgrade
Apr 18, 2024Deutsche BankBuyBuyHold
Dec 11, 2023Evercore ISIOutperformUpgrade
Nov 14, 2023BernsteinOutperformUpgrade
Jul 07, 2023Piper SandlerNeutralNeutralHold
May 04, 2023Wells FargoEqual-WeightEqual-WeightHold
Apr 24, 2023Deutsche BankBuyBuyHold
Mar 22, 2023Morgan StanleyOverweightOverweightHold
Mar 22, 2023Deutsche BankBuyBuyHold
Jan 03, 2023Wells FargoEqual-WeightInitialise
Dec 20, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Dec 06, 2022Deutsche BankBuyBuyHold
Nov 15, 2022Exane BNP ParibasNeutralInitialise
Oct 09, 2022Goldman SachsNeutralBuyUpgrade
Sep 29, 2022UBSNeutralBuyUpgrade
Sep 29, 2022UBSSellNeutralUpgrade
Jul 28, 2022Credit SuisseUnderperformUnderperformHold
Jul 27, 2022Goldman SachsNeutralUpgrade
Jul 18, 2022Mizuho SecuritiesBuyInitialise
Jun 22, 2022CFRAMarket PerformUpgrade
Jun 22, 2022BMO CapitalHoldOutperformUpgrade
May 26, 2022UBSNeutralSellDowngrade
May 26, 2022UBSNeutralDowngrade
Apr 29, 2022BMO CapitalHoldHoldHold
Apr 28, 2022Stifel NicolausHoldHoldHold
Mar 16, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Feb 23, 2022Credit SuisseUnderperformUnderperformHold
Feb 23, 2022Deutsche BankBuyBuyHold
Jan 16, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Apr 24, 2021Piper SandlerNeutralDowngrade

Kraft Heinz Company's last stock rating was published by Piper Sandler on Nov 19, 2024. The company Downgrade its KHC rating from "Overweight" to "Neutral".

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$6.85B$6.52B$6.56B$6.41B$6.76B$6.42B$6.47B$6.33B$6.69B$6.42B$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$6.93B$6.59B$6.63B$6.48B$6.84B$6.49B$6.54B$6.37B$6.71B$6.44B$6.55B$6.43B$7.15B$6.89B$6.87B$6.46B$7.34B$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
Low Forecast$6.82B$6.49B$6.53B$6.38B$6.73B$6.39B$6.44B$6.31B$6.66B$6.39B$6.55B$6.43B$6.83B$6.58B$6.77B$6.37B$7.23B$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
# Analysts33332347983371411766767107121258549
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 $6.43B, and a high forecast of $6.43B. 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
# Analysts33332347983371411766767107121258549
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$1.23B$1.17B$1.18B$1.15B$1.22B$1.16B$1.17B$1.14B$1.20B$1.16B$1.18B$1.72B$1.26B$1.21B$1.22B$1.57B$251.49M$1.50B$1.52B$1.24B$1.58B$1.44B$1.56B$1.04B$1.63B$1.51B$1.56B$1.03B$1.58B$1.46B
High Forecast$1.25B$1.19B$1.19B$1.17B$1.23B$1.17B$1.18B$1.15B$1.21B$1.16B$1.18B$2.07B$1.29B$1.24B$1.24B$1.88B$301.79M$1.50B$1.52B$1.49B$1.58B$1.44B$1.56B$1.25B$1.63B$1.51B$1.56B$1.24B$1.58B$1.46B
Low Forecast$1.23B$1.17B$1.18B$1.15B$1.21B$1.15B$1.16B$1.14B$1.20B$1.15B$1.18B$1.38B$1.23B$1.19B$1.22B$1.25B$201.19M$1.50B$1.52B$991.52M$1.58B$1.44B$1.56B$833.30M$1.63B$1.51B$1.56B$825.19M$1.58B$1.46B
Surprise %------------1.03%0.54%1.12%0.96%6.03%0.87%0.98%1.15%1.02%1.06%1.02%1.51%1.14%1.16%1.19%1.28%0.84%1.24%

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
# Analysts33332347983371411766767107121258549
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$1.03B$973.20M$993.71M$894.69M$992.43M$928.20M$946.30M$840.71M$946.97M$899.61M$888.50M$937.19M$931.99M$794.24M$917.20M$851.99M$-205.19M$677.14M$828.95M$673.51M$766.96M$703.21M$877.33M$438.95M$893.81M$755.96M$791.29M$357.38M$827.42M$646.72M
High Forecast$1.05B$987.06M$1.01B$907.42M$1.01B$941.42M$959.77M$852.89M$960.45M$899.93M$888.68M$1.12B$956.20M$832.67M$930.26M$1.02B$-164.15M$677.14M$828.95M$808.21M$766.96M$703.21M$877.33M$526.74M$893.81M$755.96M$791.29M$428.86M$827.42M$646.72M
Low Forecast$1.03B$967.48M$987.87M$889.42M$986.60M$922.75M$940.74M$816.34M$923.00M$899.30M$888.32M$749.75M$907.78M$755.81M$911.81M$681.59M$-246.22M$677.14M$828.95M$538.81M$766.96M$703.21M$877.33M$351.16M$893.81M$755.96M$791.29M$285.91M$827.42M$646.72M
Surprise %------------0.81%0.33%1.09%0.98%-4.34%0.64%0.32%1.15%-0.33%1.04%-0.03%1.28%1.15%0.79%-2.09%1.06%0.22%1.39%

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
# Analysts33332347983371411766767107121258549
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$931.98M$886.11M$892.17M$871.07M$919.75M$873.61M$880.10M$861.24M$909.52M$872.59M$890.25M$998.78M$949.89M$911.82M$924.38M$907.98M$711.36M$842.98M$858.57M$717.77M$887.95M$812.72M$880.95M$687.66M$917.26M$850.38M$880.94M$1.03B$888.38M$823.58M
High Forecast$942.18M$895.81M$901.94M$880.60M$929.81M$883.17M$889.73M$866.69M$912.24M$875.95M$890.25M$1.20B$971.70M$936.71M$934.50M$1.09B$853.64M$842.98M$858.57M$861.33M$887.95M$812.72M$880.95M$825.19M$917.26M$850.38M$880.94M$1.24B$888.38M$823.58M
Low Forecast$927.77M$882.10M$888.14M$867.13M$915.59M$869.66M$876.12M$858.51M$905.44M$869.24M$890.25M$799.03M$929.45M$894.66M$920.20M$726.39M$569.09M$842.98M$858.57M$574.22M$887.95M$812.72M$880.95M$550.13M$917.26M$850.38M$880.94M$824.44M$888.38M$823.58M
Surprise %------------1.07%1.01%0.96%0.96%1.60%0.95%0.95%1.15%1.00%1.07%1.07%1.28%1.06%1.05%1.04%0.84%0.94%0.93%

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
# Analysts33332347983371411766767107121258549
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$0.85$0.80$0.82$0.74$0.82$0.77$0.78$0.69$0.78$0.74$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$0.87$0.82$0.83$0.75$0.83$0.78$0.79$0.70$0.79$0.74$0.73$0.69$0.79$0.69$0.77$0.61$0.79$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
Low Forecast$0.85$0.80$0.82$0.74$0.82$0.76$0.78$0.67$0.76$0.74$0.73$0.69$0.75$0.62$0.75$0.59$0.77$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
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 $0.69 and a high estimate of $0.69. 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
CPBCampbell Soup Company$43.05$52.1121.05%Hold
CAGConagra Brands$27.88$32.2515.67%Hold
GISGeneral Mills$65.93$74.2212.57%Hold
KHCKraft Heinz Company$31.25$35.1712.54%Buy
SJMJ. M. Smucker Company$114.56$127.7511.51%Hold
MKCMcCormick & Company$80.31$81.831.89%Hold
LWLamb Weston$82.32$83.501.43%Buy
HRLHormel Foods$32.15$32.00-0.47%Hold
KKellogg Company$80.59$78.06-3.14%Hold

KHC Forecast FAQ

Is Kraft Heinz Company a good buy?

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 8 'Buy' recommendations, accounting for 47.06% of KHC's total ratings.

What is KHC's price target?

Kraft Heinz Company (KHC) average price target is $35.17 with a range of $32 to $41, implying a 15.39% from its last price of $30.48. The data is based on 17 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Kraft Heinz Company stock go up soon?

According to Wall Street analysts' prediction for KHC stock, the company can go up by 15.39% (from the last price of $30.48 to the average price target of $35.17), up by 34.51% based on the highest stock price target, and up by 4.99% based on the lowest stock price target.

Can Kraft Heinz Company stock reach $50?

KHC's average twelve months analyst stock price target of $35.17 does not support the claim that Kraft Heinz Company can reach $50 in the near future.

What is Kraft Heinz Company's current price target trend?

1 Wall Street analyst forecast a $35 price target for Kraft Heinz Company (KHC) this month, up 14.83% from its last price of $30.48. Compared to the last 3 and 12 months, the average price target increased by 20.74% and increased by 21.75%, respectively.

What are Kraft Heinz Company's analysts' financial forecasts?

Kraft Heinz Company's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $25.99B (high $26.25B, low $25.88B), average EBITDA is $4.68B (high $4.73B, low $4.66B), average net income is $3.71B (high $3.76B, low $3.67B), average SG&A $3.53B (high $3.57B, low $3.52B), and average EPS is $3.06 (high $3.11, low $3.03). KHC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $26.33B (high $26.62B, low $26.22B), average EBITDA is $4.74B (high $4.8B, low $4.72B), average net income is $3.89B (high $3.95B, low $3.87B), average SG&A $3.58B (high $3.62B, low $3.57B), and average EPS is $3.22 (high $3.26, low $3.2).

Did the KHC's actual financial results beat the analysts' financial forecasts?

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 $5.26B by -13.06%. The company's net income was $2.86B, missing the average estimation of $3.5B by -18.32%. Apple's SG&A was $3.69B, missing the average forecast of $3.69B by -0.06%. 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, beating the average prediction of $1.26B by 3.31%. Kraft Heinz Company's net income was $757M, missing the average estimation of $931.99M by -18.78%. The company's SG&A was $1.02B, beating the average forecast of $949.89M by 7.06%. Lastly, the company's EPS was $0.61, missing the average prediction of $0.77 by -20.80%