Mondelez International, IncNasdaq: MDLZ
Consumer Staples · Packaged Foods & Meats
$61.40
-0.07%
Vol: 3.9M
Research Digest
Friday, May 1, 2026
Mondelez Q1 beats but reaffirms guidance amid cocoa inflation and consumer concerns.
Mondelez Q1 2026 revenue $10.1B (+8.2% YoY), adjusted EPS $0.67 beats estimates. Surpassed Wall Street expectations on top and bottom lines, shares jumped 5.4%. Management cited unprecedented cocoa cost inflation and flagged that weak consumer confidence could worsen due to Iran conflict. Reaffirmed FY2026 guidance without raising. JPMorgan raised PT to $70 from $67 (Overweight), Evercore ISI to $71, Piper Sandler to $65.
Previous Market Intelligence
13 daysApr 30Mondelez reports Q1 2026 earnings beat with 8.2% revenue growth and raises price targets on emerging market strength.Positive▶
Mondelez International reported Q1 2026 results on April 29, 2026, with revenue of $10.08 billion (8.2% growth) and adjusted EPS of $0.67, beating the $0.61 consensus estimate. The company's shares jumped 5.4% as investors appreciated stabilized sales volumes, marking improvement from previous declines. Emerging markets delivered 6.3% organic growth with strong performance in India and Brazil. CEO warned that already-weak consumer confidence faces further headwinds from the Iran war and elevated food prices. Multiple analysts raised price targets, with JPMorgan at $70, BofA at $67, and UBS at $64.
Apr 16BTIG upgrades Mondelez to strong-buy; raises price target from $62 to $65Positive▶
BTIG Research upgraded Mondelez to strong-buy rating on April 15, 2026, with Mondelez price target raised to $65 from $62 at BofA on April 10. Deutsche Bank raised its target to $55 from $54 on April 13. Mondelez announced 2025 sustainability milestones on April 15 with cocoa sourcing program now covering 100% of cocoa volume. The company is scheduled to release Q1 2026 earnings on April 28, 2026.
Apr 15Mondelez Q1 2026 earnings scheduled for April 28; BTIG initiates Buy with $70 PT while Redburn downgraded to Neutral.Mixed▶
Mondelez International will report Q1 2026 results on April 28. Board declared quarterly dividend of $0.50 per share. BTIG initiated coverage with Buy rating and $70 PT, citing shares overly discounted. Redburn downgraded from Buy to Neutral March 23. Company reaffirmed 3-5% organic net revenue growth and high single-digit EPS growth targets. 17 analysts rate Buy with average PT of $66.04.
Apr 14Mondelez to report Q1 2026 earnings April 28; RBC Capital initiates Buy while UBS downgrades target to $62.Mixed▶
Mondelez International announced Q1 results for April 28. Quarterly dividend of $0.50 paid April 14. Q4 2025 EPS of $0.72 beat estimates. RBC Capital initiated Buy on April 9; UBS lowered target to $62; Rothschild downgraded to Neutral from Buy. Company continues growth through Oreo, Ritz, Cadbury, and Toblerone brands.
Apr 13Bank of America raises price target to $65 from $62 ahead of Q1 earnings April 28; cocoa pricing strategy driving revenue growth.Positive▶
Mondelez International received positive analyst support with Bank of America raising its price target to $65. The company is executing a robust pricing strategy to offset high cocoa costs. CLIF brand expansion includes new Energy Bites and limited-edition Chocolate Berry bar. Q1 2026 earnings release scheduled for April 28. Dividend of $0.50/share payable April 14.
Apr 10Mondelez to announce Q1 2026 results on April 28; Cadbury Make Every Bite Count campaign supports food insecurity in Canada.Neutral▶
Mondelez will release Q1 2026 financial results on April 28, 2026. Cadbury launched Make Every Bite Count campaign in Canada supporting food insecurity through Food Banks Canada. Stock trading at $58.02 with mixed sentiment; posted lower quarterly profit ($665M vs. $1.75B prior year). Board declared $0.50 quarterly dividend with 14 consecutive years of increases. Average 12-month price target $66.04.
Apr 9Mondelez scheduled to report Q1 2026 results on April 28Neutral▶
Mondelēz International will release its first quarter 2026 financial results on Tuesday, April 28, 2026 at 4:05 p.m. ET, followed by a conference call at 5:00 p.m. ET. Investors may participate via phone or live webcast with replay access through May 5, 2026. The company previously provided 2026 EPS guidance of 2.920-3.070, compared to consensus estimate of 3.130. 2025 net revenues were approximately $38.5 billion. The company faces mixed analyst sentiment following a March 23, 2026 downgrade to Neutral by Rothschild & Co Redburn, though other analysts maintain positive ratings including buy recommendations from Bernstein and price target increases at Morgan Stanley.
Apr 8Mondelez Faces Analyst Headwinds as UBS Cuts Price Target to $62Mixed▶
UBS lowered price target to $62 from $63 within last 48 hours amid cost pressures and demand concerns. Mondelez struggling with cocoa inflation and North America sales declining 1% organically. However, 17 analysts still rate Buy with 12-month target of $66.08. Dividend yield 3.43%.
Apr 7Mondelez names Luca Zaramella as COO/CFO; faces cocoa inflation and analyst downgradeNeutral▶
Mondelez International appointed Luca Zaramella as EVP, COO and CFO with responsibility for commercial operations, sales, marketing and supply chain. Board declared $0.50 quarterly dividend payable April 14, 2026. Company showcased structurally stronger business at CAGNY Conference. However, facing cocoa inflation challenges and declining sales. Rothschild & Co Redburn downgraded to Neutral from Buy on March 25. Mondelez trading at $58.38 with next earnings April 28.
Apr 6Mondelez appoints Luca Zaramella as COO/CFO; declares $0.50 quarterly dividend amid cost pressuresNegative▶
Mondelez International appointed Luca Zaramella to the role of Chief Operating Officer and Chief Financial Officer. The board declared a regular quarterly dividend of $0.50 per share, payable April 14, 2026. CEO Dirk Van de Put received compensation of $24.52 million in 2025, up 9.02%. FY 2025 adjusted EPS was $2.92, down 14.6% on constant currency basis, with Free Cash Flow of $3.2 billion. The company is increasing focus on seasonal products across brands like Oreo, Swedish Fish, and Sour Patch Kids. Analysts downgrade ratings citing rising costs, weak demand, and cocoa inflation pressures.
Apr 3Mondelez reaffirms conservative 0-2% organic growth for 2026 amid cocoa cost pressures and demand softness; dividend declared at $0.50/share.Negative▶
Mondelez declared a $0.50 quarterly dividend while navigating significant headwinds. Deutsche Bank lowered price target to $54 citing cost inflation and demand concerns, while Rothschild & Co downgraded to Neutral from Buy. The company projects flat to 2% organic net revenue growth for 2026 and faces ongoing margin pressure from elevated cocoa prices.
Apr 2Mondelez faced cocoa cost inflation and margin pressures despite revenue beats, with Deutsche Bank cutting PT to $54.Negative▶
Mondelez reported Q4 2025 earnings topping revenue expectations but facing significant headwinds from cocoa inflation and margin compression. The company is focusing on seasonal product expansion (Oreo, Swedish Fish shapes) with launches planned 18 months ahead. However, Deutsche Bank downgraded with a $54 price target citing cost and demand concerns. Morgan Stanley raised its target to $70 with a Top Pick rating. The company increased its dividend to $0.50/share payable April 14, 2026.
Apr 1Mondelez downgraded to Neutral; cocoa cost pressures weigh on margins despite seasonal product strategy expansion.Mixed▶
Mondelez was downgraded from Buy to Neutral by Rothschild & Co Redburn due to cocoa inflation and weak demand. The company is expanding seasonal product strategy with holiday-specific shapes for Oreo and Sour Patch Kids. Shares trade 12% below analyst target midpoint. Consensus remains Buy with PT of $67.13.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| MDLZMONDELEZ | $61.40 | -0.07% | +5.2% | 18.3x | 0.39 | $78.9B |
| HSYHERSHEY | $182.63 | -1.68% | -10.7% | 18.8x | 0.17 | $37.6B |
| KHCKRAFT | $22.53 | -0.60% | -3.9% | 10.6x | 0.05 | $26.8B |
| TSNTYSON | $63.84 | -0.36% | -0.7% | 14.6x | 0.43 | $22.6B |
| GISGENERAL | $34.83 | -1.37% | -6.3% | 10.7x | — | $18.8B |
| MKCMCCORMICK | $50.38 | -0.91% | +0.1% | 15.2x | 0.71 | $13.7B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price above both MAs — bullish structure.