Pilgrims Pride

PPC · NASDAQ

$28.22−$0.31 (−1.09%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $28.53

PPC analyst rating

HoldConsensus of 5 analysts over the last 12 months. 20% rate it a buy.

Strong buy0
Buy1
Hold4
Underperform0
Sell0

12-month price target · 10 analysts

Average $33.02 (+17.0% upside)

Low: $28.28
Now: $28.22
High: $44.10

Upgrades and downgrades

The latest rating actions, newest first

PPC analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
UBS	Aug 7, 2026	Maintains	Neutral	$30.00 → $28.00	57%
B of A Securities	Jul 2, 2026	Maintains	Neutral	$37.00 → $30.00	54%
UBS	May 19, 2026	Initiates	Neutral	$30.00	57%
Barclays	May 1, 2026	Upgrade	Equal-Weight → Overweight	$45.00 → $42.00	48%
Goldman Sachs	Apr 9, 2026	Maintains	Neutral	$44.00 → $39.00	70%
BMO Capital	Mar 25, 2026	Maintains	Market Perform	$42.00 → $40.00	51%
BMO Capital	Feb 13, 2026	Maintains	Market Perform	$40.00 → $42.00	51%
Barclays	Dec 9, 2025	Maintains	Equal-Weight	$49.00 → $45.00	48%

The case for and against

Updated Mar 20, 2025

Bull case

Pilgrim's Pride has shown significant pricing strength, with leg quarter prices increasing by 25.9% year-over-year and wing prices rising by 37.5% during the latest reporting week, indicating strong demand in the poultry market. Additionally, the company's European operating margin has improved to 3.3% year-over-year, which reflects operational efficiency and effective pricing strategies in a challenging environment. Furthermore, consistent growth in production metrics, such as a 3.8% annual increase in eggs in incubators and a 5.6% rise in pullet placements, suggests a robust supply outlook that could support future sales growth.

Bear case

Pilgrim's Pride faces a negative outlook due to several fundamental factors affecting its financial performance. Corn and soybean meal prices are projected to decrease significantly in 2024 compared to 2023, yet the company may experience compressed margins in 2025 due to anticipated overproduction and a potential decline in chicken prices during seasonally weaker demand periods. Additionally, with JBS holding more than 80% of Pilgrim's Pride's shares and recent market challenges, including potential execution difficulties and higher feed costs, the company may struggle to meet financial expectations, which could lead to downward pressure on its 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.