Mondelez International

MDLZ · NASDAQ

$63.99+$0.65 (+1.03%)TodayMarket closed · Oct 20, 7:59 PM ET

Prev close $63.34

MDLZ analyst rating

BuyConsensus of 19 analysts over the last 12 months. 68% rate it a buy.

Strong buy0
Buy13
Hold6
Underperform0
Sell0

12-month price target · 27 analysts

Average $70.40 (+10.0% upside)

Low: $55.55
Now: $63.99
High: $82.47

Upgrades and downgrades

The latest rating actions, newest first

MDLZ analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Barclays	Oct 16, 2026	Maintains	Overweight	$70.00 → $72.00	44%
JP Morgan	Oct 16, 2026	Maintains	Overweight	$72.00 → $71.00	40%
Wells Fargo	Oct 5, 2026	Maintains	Overweight	$70.00 → $65.00	57%
Barclays	Jul 30, 2026	Maintains	Overweight	$68.00 → $70.00	44%
BNP Paribas	Jul 29, 2026	Maintains	Outperform	$68.00 → $70.00	44%
JP Morgan	Jul 29, 2026	Maintains	Overweight	$70.00 → $72.00	40%
TD Cowen	Jul 29, 2026	Maintains	Buy	$67.00 → $70.00	58%
JP Morgan	Apr 29, 2026	Maintains	Overweight	$67.00 → $70.00	40%
UBS	Apr 29, 2026	Maintains	Neutral	$62.00 → $64.00	62%
TD Cowen	Apr 29, 2026	Maintains	Buy	$65.00 → $67.00	58%

The case for and against

Updated Jul 28, 2026

Bull case

Mondelez International is a leading global snacks company with a strong presence in the biscuit, chocolate, gum/candy, beverage, and cheese and grocery aisles. With well-known brands such as Oreo, Cadbury, and belVita, the company has a strong portfolio and significant room for further distribution gains. Despite near-term challenges, Mondelez has a long-term focus on reinvesting in its brands, expanding into emerging markets, and investing in product innovation. These factors, combined with the company's strong free cash flow generation and ability to manage commodities like cocoa, make it a solid investment with potential for 10-11% EPS growth.

Bear case

Mondelez International is facing numerous challenges in the current market, including cocoa deflation, rising energy costs, conflict in the Middle East, and increased competition from private labels. Despite strong performance in developing markets and stabilizing sales in developed markets, the company's gross margin has contracted, and further impacts are expected in the near future. To overcome these challenges, Mondelez is focusing on improving volume trends through marketing and innovation plans while also implementing cost-saving measures. While the company's dominance in its categories and strong balance sheet are positives, the current market conditions and risks suggest a negative outlook for Mondelez International's stock.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.