Tyson Foods, IncNYSE: TSN
Consumer Staples · Packaged Foods & Meats
$55.48
-1.29%
Vol: 2.4M
Research Digest
Friday, June 19, 2026
Tyson Foods names new COO and CEO-elect while Goldman Sachs adds stock to Conviction Buy list, and Piper Sandler trims price target on June 18.
Tyson Foods appointed Wes Morris as Chief Operating Officer effective June 15, 2026, bringing over 20 years of internal experience; the prior COO Devin Cole received a $10.58 million separation payment per an 8-K filed June 16. On June 17, the company amended its employment agreement with Chairman John H. Tyson. Separately, Jeff Schomburger has been named President and CEO effective October 4, 2026. Goldman Sachs added TSN to its US Conviction Buy List on June 1 with an $81 price target, citing diversified protein portfolio and above-consensus margin expansion. Piper Sandler trimmed its price target to $78 on June 18 while maintaining Overweight. Risk: leadership transition execution risk and continued beef segment margin pressure.
Previous Market Intelligence
13 daysJun 18No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 17Wes Morris began his role as Tyson Foods' new Chief Operating Officer on June 15, overseeing all core business segments amid a planned CEO transition later in 2026.Mixed▶
Effective June 15, 2026, Wes Morris assumed the role of Chief Operating Officer at Tyson Foods, a position announced June 8. Morris, a 20-plus-year company veteran who previously led the Prepared Foods and Poultry businesses, will oversee the Chicken, Beef, Pork, Prepared Foods and International segments. The appointment comes alongside a broader leadership transition, with Jeff Schomburger set to become President and CEO effective October 4, 2026. Tyson also rolled out new Hillshire Reserve lunchmeat and summer grilling products in mid-June. Operationally, the stock has been weak, down about 13% over the past month to roughly $57, and trades at a premium P/E (~44x) versus peers (~13x), raising valuation concerns. The risk is execution during a management transition in a difficult protein-margin environment, though Goldman Sachs added TSN to its US Conviction List and the analyst consensus is Hold with a $71.08 average target.
Jun 16No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21Tyson Foods raised FY2026 guidance after Q2 EPS beat; CEO warns inflation will persist into 2027Positive▶
On May 4 Tyson reported Q2 2026 EPS of $0.87 versus $0.79 consensus and raised full-year guidance for adjusted operating income by $100M to $2.2-2.4B and free cash flow by $100M to $1.2-1.8B. The stock closed up 7.80% to a new 52-week high. Chicken and prepared foods drove growth (retail branded volume up 2.3% vs -1.0% for the broader category) offsetting beef segment weakness. CEO Donnie King told the BMO Global Farm to Market Conference on May 13 that inflation is real and persistent and will not decline meaningfully through 2027. Tyson also secured preliminary approval for an $82.5M beef antitrust class action settlement and will close a Hillshire Brands plant in Rome, GA (168 layoffs). Risk: beef segment losses and China export suspensions remain ongoing headwinds.
May 20Tyson Foods raised FY26 outlook on Q2 beat with Piper Sandler upgrading to Overweight and lifting PT to $75.Positive▶
Tyson Foods posted Q2 FY26 EPS of $0.87 vs $0.79 estimate on May 4, with sales of $13.65B and net income of $260M. Management raised FY26 adjusted operating income guidance to $2.2B-$2.4B, driven by stronger Chicken and Prepared Foods segments, though still expecting a Beef operating loss of $350M-$500M. Piper Sandler upgraded to Overweight with PT raised to $75 from $61, and Mizuho initiated coverage at Outperform with $72 PT. The Board declared a $0.51 quarterly dividend. Shares rose 7.1% after the print, though headwinds from China export suspensions and Beef pressures persist.
May 19No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 18Tyson Q2 EPS of $0.87 beat $0.79 estimate; raises FY26 adj. operating income guidance to $2.2-$2.4B; Piper Sandler upgrades to Overweight ($75 PT)Positive▶
Tyson Foods reported Q2 fiscal 2026 results on May 4 with adjusted EPS of $0.87 beating $0.79 estimate, on revenue of $13.65B (up 4.4% YoY, slightly below $13.75B estimate). Chicken and prepared foods strength offset beef weakness. The company raised FY2026 adjusted operating income guidance by $100M to $2.2-$2.4B and free cash flow guidance by $100M to $1.2-$1.8B. The Board declared a quarterly dividend of $0.51/share Class A on May 7, payable September 15. Piper Sandler upgraded TSN to Overweight from Neutral with $75 PT (from $61); BMO Capital raised PT to $75 from $73; Goldman Sachs maintains Buy. Tyson plans to close a Hillshire Brands factory in Rome, GA in 2026 affecting 168 workers. Chinese customs halts on beef export clearances remain a headwind.
May 15Tyson Foods Q2 2026 EPS of $0.87 beat $0.79 estimate; raised fiscal 2026 outlook to $2.2-$2.4B adjusted operating income despite continued Beef segment losses of $350-$500M.Positive▶
Tyson Foods reported Q2 2026 on May 4: sales of $13.65B (+4.4% YoY at the segment level, $27.97B HY) with adjusted EPS of $0.87 beating $0.79 estimates by $0.08; GAAP operating income of $737M (+8% YoY). Company raised fiscal 2026 adjusted operating income guidance to $2.2B-$2.4B driven by Chicken and Prepared Foods strength, but Beef segment will still post operating loss of $350M-$500M due to elevated cattle costs and shrinking US herd. Quarterly dividend of $0.51 (Class A) declared May 7, payable September 15. Stock opened May 15 at $67.50 in range $50.56-$69.48. Massachusetts Financial Services opened new $227.7M position. Risk: ongoing DOJ antitrust investigation into meatpacking industry.
May 14Tyson Foods raised FY26 outlook to $2.2-$2.4B operating income on May 4 Q2 beat; Trump beef tariff suspension adds policy tailwindPositive▶
Tyson Q2 2026 EPS of $0.87 beat $0.79 estimate; revenue of $13.65B narrowly missed $13.75B consensus. Sales rose 4.4% YoY. Company raised FY26 adjusted operating income guidance to $2.2-2.4B driven by Chicken and Prepared Foods. Shares jumped 3% post-print. BMO Capital raised PT to $75 from $73 with Buy rating. Trump administration suspended tariff-rate quotas on beef imports per WSJ, expanding rancher support and easing input costs. Board declared $0.51 dividend payable September 15. Risk: protein cycle and tariff policy reversal.
May 13Tyson Foods raised FY26 adjusted operating income guidance to $2.2-$2.4B but still expects $350-500M Beef loss; participates in BMO conference today.Mixed▶
Tyson Foods reported Q2 2026 EPS of $0.87 on May 4, beating $0.79 consensus, with stock up 7.1% post-earnings. Management raised fiscal 2026 adjusted operating income guidance to $2.2B-$2.4B driven by Chicken and Prepared Foods strength, but still anticipates a sizeable Beef operating loss of $350M-$500M. Revenue of $13.65B missed estimates and volumes fell 2.3% YoY. The Board declared a $0.51 Class A quarterly dividend payable September 15. CEO Donnie King and CFO Curt Calaway are participating in the BMO Conference today (May 13) at 8:00 a.m. ET.
May 12Tyson Foods stock rose 7.1% after Q2 fiscal 2026 sales of $13.65B and updated guidance for $2.2-$2.4B in adjusted operating income led by chicken; quarterly dividend declared.Positive▶
Tyson reported Q2 fiscal 2026 sales of $13.65B (+4.4% YoY) and EPS of $0.87, beating $0.79 estimates, lifting the stock 7.1%. Updated FY26 guidance calls for adjusted operating income of $2.2-$2.4B led by chicken and prepared foods, with pork at $250-$300M but beef expected to lose $350-$500M. The board declared a quarterly dividend of $0.51 Class A and $0.459 Class B payable September 15. Multiple analysts raised targets including Piper Sandler to $80 and BMO to $75, while Goldman initiated Buy. Tyson management speaks at the BMO Farm to Market Conference on May 13.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| MDLZMONDELEZ | $60.11 | -1.24% | +0.2% | 18.0x | 0.41 | $78.2B |
| HSYHERSHEY | $172.52 | -1.59% | +1.7% | 18.4x | 0.10 | $36.9B |
| KHCKRAFT | $22.81 | -1.70% | +7.0% | 12.1x | 0.08 | $30.1B |
| TSNTYSON | $55.48 | -1.29% | +0.6% | 13.0x | 0.39 | $20.7B |
| GISGENERAL | $33.43 | +0.21% | +4.3% | 11.6x | -0.05 | $20.1B |
| MKCMCCORMICK | $46.55 | +0.13% | +4.7% | 16.2x | 0.63 | $14.4B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.