Mondelez International (NASDAQ:MDLZ) Given New $68.00 Price Target at Wells Fargo & Company

Mondelez International (NASDAQ:MDLZ) had its target price upped by Wells Fargo & Company from $65.00 to $68.00 in a report released on Friday morning,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the stock.

A number of other equities research analysts have also recently weighed in on the company. Barclays upped their price objective on Mondelez International from $70.00 to $72.00 and gave the stock an “overweight” rating in a research note on Friday, October 16th. BTIG Research lifted their target price on Mondelez International from $70.00 to $73.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Weiss Ratings upgraded Mondelez International from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 3rd. JPMorgan Chase & Co. reduced their target price on shares of Mondelez International from $72.00 to $71.00 and set an “overweight” rating for the company in a report on Friday, October 16th. Finally, BNP Paribas Exane increased their price target on shares of Mondelez International from $68.00 to $70.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Sixteen research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $69.77.

Mondelez International Stock Performance

Shares of NASDAQ:MDLZ opened at $64.94 on Friday. The company has a market capitalization of $82.88 billion, a price-to-earnings ratio of 20.49, a price-to-earnings-growth ratio of 2.42 and a beta of 0.38. Mondelez International has a 52 week low of $51.20 and a 52 week high of $66.65. The company has a quick ratio of 0.40, a current ratio of 0.60 and a debt-to-equity ratio of 0.62. The firm has a 50 day moving average of $61.79 and a 200 day moving average of $60.34.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Thursday, October 29th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.07. Mondelez International had a return on equity of 14.25% and a net margin of 10.22%. The business had revenue of $9.97 billion for the quarter, compared to analysts’ expectations of $9.98 billion. During the same quarter last year, the firm earned $0.73 EPS. The business’s revenue for the quarter was up 2.3% on a year-over-year basis. On average, sell-side analysts predict that Mondelez International will post 3.05 earnings per share for the current fiscal year.

Insider Buying and Selling at Mondelez International

In related news, CEO Dirk Van de Put sold 133,580 shares of the business’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $64.08, for a total transaction of $8,559,806.40. Following the transaction, the chief executive officer directly owned 1,326,488 shares in the company, valued at $85,001,351.04. The trade was a 9.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.45% of the stock is owned by insiders.

Institutional Investors Weigh In On Mondelez International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Great Lakes Advisors LLC acquired a new stake in Mondelez International during the 2nd quarter worth $74,341,000. Junto Capital Management LP purchased a new stake in shares of Mondelez International during the second quarter worth $53,549,000. Dimensional Fund Advisors LP grew its holdings in shares of Mondelez International by 10.8% during the first quarter. Dimensional Fund Advisors LP now owns 9,435,171 shares of the company’s stock worth $543,900,000 after buying an additional 916,235 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Mondelez International during the third quarter worth $52,335,000. Finally, Wellington Management Group LLP raised its position in shares of Mondelez International by 179.7% in the second quarter. Wellington Management Group LLP now owns 1,047,680 shares of the company’s stock valued at $60,598,000 after buying an additional 673,098 shares during the last quarter. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

Key Mondelez International News

Here are the key news stories impacting Mondelez International this week:

• Positive Sentiment: Adjusted EPS exceeded expectations: Mondelez reported adjusted earnings of $0.78 per share, above the roughly $0.71–$0.72 consensus and up from $0.73 a year earlier. Lower costs and stronger margins helped offset pricing and currency pressures. Mondelez Q3 Earnings Beat Estimates on Lower Costs, Revenues Miss
• Positive Sentiment: Broad-based operating growth: Third-quarter net revenue rose 2.3% year over year to $9.97 billion, organic revenue increased 2.1%, and volume/mix improved 1.8%. Emerging-market growth and particularly strong European sales supported results. Mondel?z International Reports Q3 2026 Results
• Positive Sentiment: Constructive outlook and analyst support: Management reaffirmed its 2026 outlook and signaled strong EPS growth potential in 2027. A projected 500,000-ton cocoa surplus could ease input-cost pressure, while emerging markets offer additional distribution growth. BNP Paribas Exane raised its target to $72 with an “outperform” rating, and Wells Fargo raised its target to $68 with an “overweight” rating. Mondelez signals strong EPS growth in 2027
• Neutral Sentiment: Year-to-date operating cash flow was $2.6 billion, free cash flow was $1.7 billion, and shareholder returns totaled $2.8 billion, supporting the company’s capital-allocation profile.
• Negative Sentiment: Revenue narrowly missed analyst expectations, indicating that sales growth remains modest despite volume gains. Profit also remains down on a year-to-date basis, leaving execution and commodity costs as ongoing risks. Mondelez beats third-quarter profit estimates on cost-cutting boost

About Mondelez International

Mondelez International, Inc (NASDAQ: MDLZ) is a global snack-food company that develops, manufactures, markets and sells branded products in categories including biscuits, chocolate, baked snacks, cheese and grocery items. Its portfolio includes well-known brands such as Oreo, Ritz, Chips Ahoy!, belVita, CLIF, Cadbury, Milka, Toblerone and Trident.

The company sells its products through retailers, wholesalers, e-commerce channels and other distribution networks. Mondelez serves consumers in more than 150 countries, with operations and brands tailored to markets across North America, Latin America, Europe, Asia, the Middle East and Africa.

Mondelez was formed in 2012 when Kraft Foods separated its global snack-food business from its North American grocery operations.