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Investing.com - Stifel raised its price target on Mondelez International (NASDAQ:MDLZ) to $76.00 from $73.00 on Wednesday, while maintaining a Buy rating following the company’s second-quarter earnings report. The new target represents potential upside from the current price of $65.61, with analyst targets ranging from $67 to $88. According to InvestingPro analysis, the stock is currently fairly valued based on its proprietary Fair Value model.
The food giant reported second-quarter earnings per share of $0.73, representing a 12% decline but exceeding Stifel’s expectations by $0.04. The stronger-than-anticipated performance was driven by slightly better revenue and less operating profit margin contraction due to lower SG&A expenses.
Mondelez maintained its full-year 2025 guidance, which includes approximately 5% organic sales growth, a 10% EPS decline, and over $3 billion in free cash flow generation. Stifel believes the company is well-positioned to achieve these targets.
Looking ahead to 2026, Stifel projects 7% constant currency EPS growth for Mondelez, citing established pricing and progress on lowering cocoa prices as key factors supporting this outlook.
The research firm’s updated price target reflects continued confidence in Mondelez’s business fundamentals despite the expected earnings decline in the current year. The company trades at a P/E ratio of 24.18 and maintains a healthy dividend yield of 2.7%, with consistent dividend growth of 10.6% over the last twelve months.
In other recent news, Mondelez International reported stable financial results for the second quarter of 2025. The company demonstrated resilience amid market challenges, with strategic pricing initiatives and a focus on brand investment contributing to a balanced global sales performance. Mondelez maintained its market share in North America despite consumer anxiety and achieved double-digit growth in emerging markets. Following these solid results, Bernstein SocGen raised its price target for Mondelez to $88, up from $79, while maintaining an Outperform rating. These developments highlight Mondelez’s strong positioning in the market and its ability to navigate economic uncertainties effectively.
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