J. M. Smucker Company (SJM) Stock Forecast, Price Target & Predictions
SJM Stock Forecast
J. M. Smucker Company stock forecast is as follows: an average price target of $127.75 (represents a 16.25% upside from SJM’s last price of $109.89) and a rating consensus of 'Hold', based on 14 wall street analysts offering a 1-year stock forecast.
SJM Price Target
The average price target for J. M. Smucker Company (SJM) is $127.75 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $138.00 to $116.00. This represents a potential 16.25% upside from SJM's last price of $109.89.
SJM Analyst Ratings
According to 14 Wall Street analysts, J. M. Smucker Company's rating consensus is 'Hold'. The analyst rating breakdown for SJM stock is 0 'Strong Buy' (0.00%), 6 'Buy' (42.86%), 7 'Hold' (50.00%), 1 'Sell' (7.14%), and 0 'Strong Sell' (0.00%).
J. M. Smucker Company Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 18, 2024 | Rob Dickerson | Jefferies | $116.00 | $118.46 | -2.08% | 5.56% |
| Aug 30, 2024 | Andrew Lazar | Barclays | $121.00 | $113.79 | 6.34% | 10.11% |
| Aug 29, 2024 | Thomas Palmer | Coker Palmer | $136.00 | $113.79 | 19.52% | 23.76% |
| Aug 20, 2024 | Thomas Palmer | Citigroup | $138.00 | $120.93 | 14.12% | 25.58% |
| Jun 13, 2024 | Taylor Conrad | Argus Research | $135.00 | $110.13 | 22.58% | 22.85% |
| Jun 07, 2024 | Alexia Howard | Bernstein | $121.00 | $115.00 | 5.22% | 10.11% |
| Jun 06, 2024 | Thomas Palmer | Coker Palmer | $139.00 | $115.37 | 20.48% | 26.49% |
| Jun 06, 2024 | Arun Sundaram | CFRA | $131.00 | $115.43 | 13.49% | 19.21% |
| Jun 06, 2024 | Michael Kaye | Wells Fargo | $140.00 | $116.42 | 20.25% | 27.40% |
| Jun 06, 2024 | Ken Goldman | Goldman Sachs | $128.00 | $116.94 | 9.46% | 16.48% |
| Jun 06, 2024 | Matthew Smith | Stifel Nicolaus | $135.00 | $116.94 | 15.45% | 22.85% |
| Jun 06, 2024 | Thomas Palmer | Coker Palmer | $137.00 | $116.94 | 17.16% | 24.67% |
| May 23, 2024 | Rob Dickerson | Jefferies | $121.00 | $110.40 | 9.60% | 10.11% |
| May 20, 2024 | Faiza Alwy | Deutsche Bank | $129.00 | $115.21 | 11.97% | 17.39% |
| Dec 05, 2023 | Jason English | Goldman Sachs | $131.00 | $116.35 | 12.59% | 19.21% |
| Sep 08, 2023 | Steve Powers | Deutsche Bank | $153.00 | $140.40 | 8.98% | 39.23% |
| Dec 20, 2022 | Pamela Kaufman | Morgan Stanley | $158.00 | $155.82 | 1.40% | 43.78% |
| Dec 15, 2022 | Robert Moskow | Credit Suisse | $165.00 | $154.27 | 6.96% | 50.15% |
| Dec 15, 2022 | Christopher Growe | Stifel Nicolaus | $155.00 | $154.17 | 0.54% | 41.05% |
| Jun 20, 2022 | Faiza Alwy | Deutsche Bank | $131.00 | $122.22 | 7.18% | 19.21% |
| Mar 02, 2022 | Wendy Nicholson | Citigroup | $131.00 | $130.70 | 0.23% | 19.21% |
| Nov 24, 2021 | Alexia Howard | Bernstein | $114.00 | $131.34 | -13.20% | 3.74% |
| Nov 24, 2021 | Andrew Lazar | Barclays | $140.00 | $131.34 | 6.59% | 27.40% |
| Nov 23, 2021 | Christopher Growe | Stifel Nicolaus | $136.00 | $132.66 | 2.52% | 23.76% |
The latest J. M. Smucker Company stock forecast, released on Nov 18, 2024 by Rob Dickerson from Jefferies, set a price target of $116.00, which represents a -2.08% decrease from the stock price at the time of the forecast ($118.46), and a 5.56% increase from SJM last price ($109.89).
J. M. Smucker Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 14 |
| Avg Price Target | $116.00 | $116.00 | $130.50 |
| Last Closing Price | $109.89 | $109.89 | $109.89 |
| Upside/Downside | 5.56% | 5.56% | 18.76% |
In the current month, the average price target of J. M. Smucker Company stock is $116.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 5.56% increase as opposed to J. M. Smucker Company's last price of $109.89. This month's average price target is down 0.00% compared to last quarter, and down -11.11% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 18, 2024 | Jefferies | Hold | Hold | Hold |
| Aug 30, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Aug 29, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Aug 20, 2024 | Citigroup | Buy | Buy | Hold |
| Jun 07, 2024 | Bernstein | Market Perform | Market Perform | Hold |
| Jun 07, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Jun 06, 2024 | CFRA | Hold | Hold | Hold |
| Jun 06, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| May 31, 2024 | Citigroup | Buy | Buy | Hold |
| May 23, 2024 | Jefferies | Hold | Hold | Hold |
| May 20, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Mar 22, 2024 | Wells Fargo | Overweight | Initialise | |
| Dec 05, 2023 | Goldman Sachs | Sell | Sell | Hold |
| Dec 01, 2023 | Cowen & Co. | Outperform | Initialise | |
| Dec 01, 2023 | Deutsche Bank | Hold | Hold | Hold |
| Dec 01, 2023 | Consumer Edge Research | Equal-Weight | Upgrade | |
| Nov 14, 2023 | Bernstein | Hold | Market Perform | Upgrade |
| Sep 08, 2023 | Deutsche Bank | Hold | Hold | Hold |
| Jun 07, 2023 | Bernstein | Hold | Hold | Hold |
| Jun 07, 2023 | Bernstein | Underperform | Underperform | Hold |
| Mar 27, 2023 | Argus Research | Buy | Upgrade | |
| Mar 27, 2023 | Wolfe Research | Peer Perform | Downgrade | |
| Mar 27, 2023 | Citigroup | Buy | Upgrade | |
| Mar 27, 2023 | UBS | Neutral | Buy | Upgrade |
| Feb 10, 2023 | UBS | Buy | Neutral | Upgrade |
| Dec 15, 2022 | Credit Suisse | Neutral | Neutral | Hold |
| Aug 24, 2022 | Credit Suisse | Neutral | Neutral | Hold |
| Aug 17, 2022 | UBS | Buy | Upgrade | |
| Aug 17, 2022 | Bank of America Securities | Buy | Upgrade | |
| Jun 20, 2022 | Deutsche Bank | Hold | Hold | Hold |
J. M. Smucker Company's last stock rating was published by Jefferies on Nov 18, 2024. The company gave SJM a "Hold" rating, the same as its previous rate.
J. M. Smucker Company Financial Forecast
J. M. Smucker Company Revenue Forecast
| May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.23B | $1.94B | $1.81B | - | $2.22B | $2.21B | $1.87B | - | $2.06B | $2.05B | $1.86B | - | $2.08B | $2.03B | $1.97B | - | $1.97B |
| Avg Forecast | $2.30B | $2.29B | $2.30B | $2.15B | $2.27B | $2.25B | $2.28B | $2.14B | $2.23B | $2.23B | $2.27B | $2.13B | $2.24B | $2.22B | $1.95B | $1.84B | $2.17B | $2.22B | $2.17B | $1.87B | $1.98B | $2.04B | $1.95B | $1.80B | $1.88B | $2.01B | $2.01B | $1.81B | $2.04B | $1.97B |
| High Forecast | $2.33B | $2.32B | $2.33B | $2.18B | $2.30B | $2.28B | $2.31B | $2.16B | $2.25B | $2.25B | $2.29B | $2.14B | $2.24B | $2.22B | $1.99B | $1.86B | $2.20B | $2.24B | $2.19B | $1.89B | $2.00B | $2.06B | $1.97B | $1.81B | $1.90B | $2.03B | $2.03B | $1.83B | $2.07B | $1.99B |
| Low Forecast | $2.27B | $2.26B | $2.27B | $2.12B | $2.24B | $2.22B | $2.25B | $2.10B | $2.19B | $2.19B | $2.25B | $2.13B | $2.24B | $2.22B | $1.93B | $1.81B | $2.14B | $2.18B | $2.16B | $1.86B | $1.96B | $2.03B | $1.94B | $1.78B | $1.86B | $1.99B | $2.00B | $1.80B | $2.03B | $1.96B |
| # Analysts | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 7 | 6 | 3 | 3 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 6 | 6 | 6 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.00% | 0.98% | - | 1.00% | 1.01% | 1.00% | - | 1.01% | 1.05% | 1.03% | - | 1.04% | 1.01% | 1.09% | - | 1.00% |
J. M. Smucker Company's average Quarter revenue forecast for May 24 based on 3 analysts is $2.24B, with a low forecast of $2.24B, and a high forecast of $2.24B. SJM's average Quarter revenue forecast represents a 0.54% increase compared to the company's last Quarter revenue of $2.23B (Jan 24).
J. M. Smucker Company EBITDA Forecast
| May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 7 | 6 | 3 | 3 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 6 | 6 | 6 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $297.40M | $298.90M | $303.50M | - | $429.30M | $406.00M | $292.30M | - | $264.30M | $425.00M | $362.20M | - | $515.50M | $462.20M | $473.40M | - | $399.70M |
| Avg Forecast | $482.65M | $480.98M | $483.06M | $451.50M | $476.22M | $472.37M | $478.80M | $447.67M | $466.70M | $467.28M | $474.96M | $447.16M | $283.08M | $465.30M | $407.80M | $385.13M | $257.34M | $378.12M | $465.82M | $400.99M | $233.95M | $437.60M | $418.59M | $384.61M | $454.30M | $429.73M | $431.10M | $388.55M | $378.19M | $422.50M |
| High Forecast | $488.28M | $486.58M | $488.68M | $456.76M | $481.77M | $477.88M | $484.37M | $452.89M | $472.14M | $471.45M | $479.15M | $447.87M | $339.70M | $465.30M | $416.12M | $389.62M | $308.81M | $453.75M | $470.20M | $405.29M | $280.74M | $442.29M | $423.08M | $388.74M | $545.16M | $434.34M | $435.73M | $392.71M | $453.83M | $427.03M |
| Low Forecast | $475.04M | $473.39M | $475.44M | $444.38M | $468.71M | $464.92M | $471.25M | $440.61M | $459.34M | $458.93M | $470.78M | $446.44M | $226.46M | $465.30M | $403.63M | $379.06M | $205.88M | $302.50M | $461.98M | $398.14M | $187.16M | $434.48M | $415.61M | $381.88M | $363.44M | $426.67M | $428.04M | $385.78M | $302.55M | $419.49M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.64% | 0.73% | 0.79% | - | 1.14% | 0.87% | 0.73% | - | 0.60% | 1.02% | 0.94% | - | 1.20% | 1.07% | 1.22% | - | 0.95% |
3 analysts predict SJM's average Quarter EBITDA for May 24 to be $283.08M, with a high of $339.70M and a low of $226.46M. This is -4.82% lower than J. M. Smucker Company's previous annual EBITDA (Jan 24) of $297.40M.
J. M. Smucker Company Net Income Forecast
| May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 7 | 6 | 3 | 3 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 6 | 6 | 6 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $120.40M | $194.90M | $183.60M | - | $208.50M | $191.10M | $109.80M | - | $69.70M | $206.00M | $153.90M | - | $261.50M | $230.80M | $237.00M | - | $187.40M |
| Avg Forecast | $311.66M | $306.22M | $311.25M | $271.81M | $282.74M | $280.28M | $299.36M | $261.67M | $249.67M | $252.34M | $267.82M | $231.47M | $74.65M | $242.29M | $263.51M | $215.16M | $67.87M | $183.28M | $232.17M | $135.25M | $61.70M | $222.29M | $217.47M | $200.38M | $230.45M | $233.13M | $236.76M | $178.02M | $177.32M | $236.59M |
| High Forecast | $316.38M | $310.86M | $315.96M | $275.93M | $287.02M | $284.53M | $303.89M | $265.63M | $253.45M | $267.19M | $274.22M | $232.14M | $89.58M | $252.03M | $268.84M | $218.42M | $81.44M | $219.94M | $235.01M | $137.13M | $74.04M | $225.39M | $220.50M | $203.17M | $276.55M | $236.38M | $240.06M | $180.50M | $212.78M | $239.89M |
| Low Forecast | $305.27M | $299.95M | $304.87M | $266.24M | $276.94M | $274.54M | $293.22M | $256.31M | $244.55M | $248.10M | $262.48M | $230.81M | $59.72M | $232.55M | $256.04M | $210.75M | $54.29M | $146.62M | $229.68M | $134.00M | $49.36M | $220.24M | $215.46M | $198.53M | $184.36M | $230.98M | $234.57M | $176.37M | $141.85M | $234.40M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.50% | 0.74% | 0.85% | - | 1.14% | 0.82% | 0.81% | - | 0.31% | 0.95% | 0.77% | - | 1.12% | 0.97% | 1.33% | - | 0.79% |
J. M. Smucker Company's average Quarter net income forecast for May 24 is $74.65M, with a range of $59.72M to $89.58M. SJM's average Quarter net income forecast represents a -38.00% decrease compared to the company's last Quarter net income of $120.40M (Jan 24).
J. M. Smucker Company SG&A Forecast
| May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 7 | 6 | 3 | 3 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 6 | 6 | 6 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $374.20M | $333.50M | $313.60M | - | $380.90M | $354.30M | $343.80M | - | $336.00M | $347.70M | $324.00M | - | $371.70M | $382.80M | $357.50M | - | $358.90M |
| Avg Forecast | $413.02M | $411.59M | $413.37M | $386.36M | $407.52M | $404.22M | $409.72M | $383.09M | $399.37M | $399.86M | $406.44M | $382.65M | $359.87M | $398.17M | $348.96M | $329.57M | $327.16M | $309.35M | $387.37M | $333.47M | $297.42M | $363.90M | $348.10M | $319.85M | $327.57M | $357.36M | $358.51M | $323.11M | $339.59M | $351.35M |
| High Forecast | $417.83M | $416.38M | $418.18M | $390.86M | $412.26M | $408.93M | $414.49M | $387.55M | $404.02M | $403.43M | $410.02M | $383.26M | $431.85M | $398.17M | $356.08M | $333.41M | $392.59M | $371.22M | $391.02M | $337.04M | $356.90M | $367.81M | $351.83M | $323.27M | $393.09M | $361.20M | $362.35M | $326.58M | $407.50M | $355.11M |
| Low Forecast | $406.51M | $405.10M | $406.85M | $380.27M | $401.09M | $397.85M | $403.26M | $377.05M | $393.07M | $392.72M | $402.86M | $382.04M | $287.90M | $398.17M | $345.40M | $324.37M | $261.73M | $247.48M | $384.18M | $331.09M | $237.93M | $361.31M | $345.62M | $317.57M | $262.06M | $354.82M | $355.96M | $320.82M | $271.67M | $348.85M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 0.96% | 0.95% | - | 1.23% | 0.91% | 1.03% | - | 0.92% | 1.00% | 1.01% | - | 1.04% | 1.07% | 1.11% | - | 1.02% |
J. M. Smucker Company's average Quarter SG&A projection for May 24 is $359.87M, based on 3 Wall Street analysts, with a range of $287.90M to $431.85M. The forecast indicates a -3.83% fall compared to SJM last annual SG&A of $374.20M (Jan 24).
J. M. Smucker Company EPS Forecast
| May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 7 | 6 | 3 | 3 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 6 | 6 | 6 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.96 | $1.79 | $1.03 | - | $0.64 | $1.90 | $1.42 | - | $2.32 | $2.02 | $2.08 | - | $1.64 |
| Avg Forecast | $2.92 | $2.87 | $2.92 | $2.55 | $2.65 | $2.63 | $2.81 | $2.45 | $2.34 | $2.36 | $2.51 | $2.17 | $2.35 | $2.27 | $2.47 | $2.02 | $2.41 | $2.13 | $2.18 | $1.27 | $1.88 | $2.09 | $2.05 | $1.89 | $1.67 | $2.19 | $2.23 | $1.67 | $2.28 | $2.23 |
| High Forecast | $2.97 | $2.91 | $2.96 | $2.59 | $2.69 | $2.67 | $2.85 | $2.49 | $2.38 | $2.50 | $2.57 | $2.18 | $2.35 | $2.36 | $2.52 | $2.05 | $2.45 | $2.23 | $2.21 | $1.29 | $1.91 | $2.12 | $2.07 | $1.91 | $1.69 | $2.22 | $2.26 | $1.70 | $2.31 | $2.26 |
| Low Forecast | $2.86 | $2.81 | $2.86 | $2.50 | $2.60 | $2.57 | $2.75 | $2.40 | $2.29 | $2.33 | $2.46 | $2.16 | $2.34 | $2.18 | $2.40 | $1.98 | $2.36 | $2.04 | $2.16 | $1.26 | $1.86 | $2.07 | $2.03 | $1.87 | $1.65 | $2.17 | $2.21 | $1.66 | $2.25 | $2.21 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 0.82% | 0.81% | - | 0.31% | 0.93% | 0.75% | - | 1.06% | 0.91% | 1.24% | - | 0.74% |
According to 6 Wall Street analysts, J. M. Smucker Company's projected average Quarter EPS for May 23 is $2.41, with a low estimate of $2.36 and a high estimate of $2.45. This represents a 23.16% increase compared to SJM previous annual EPS of $1.96 (Jan 23).
J. M. Smucker Company Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CPB | Campbell Soup Company | $43.05 | $52.11 | 21.05% | Hold |
| CAG | Conagra Brands | $27.88 | $32.25 | 15.67% | Hold |
| GIS | General Mills | $65.93 | $74.22 | 12.57% | Hold |
| KHC | Kraft Heinz Company | $31.25 | $35.17 | 12.54% | Buy |
| SJM | J. M. Smucker Company | $114.56 | $127.75 | 11.51% | Hold |
| MKC | McCormick & Company | $80.31 | $81.83 | 1.89% | Hold |
| LW | Lamb Weston | $82.32 | $83.50 | 1.43% | Buy |
| HRL | Hormel Foods | $32.15 | $32.00 | -0.47% | Hold |
| K | Kellogg Company | $80.59 | $78.06 | -3.14% | Hold |