Jefferies Upgrades Mondelez International to 'Buy' with $78 Price Target

Jefferies analyst Scott Marks upgraded Mondelez International (MDLZ) to 'Buy' from 'Hold' with a price target of $78.00, an 18.18% increase from the previous target of $66.00. The upgrade reflects a positive outlook on the company's performance. The average target price for MDLZ is $72.16, with a high estimate of $81.00 and a low estimate of $58.00. The average brokerage recommendation is 2.3, indicating "Outperform" status. The estimated GF Value for MDLZ in one year is $84.22, suggesting a 24.83% upside from the current price.

Jefferies analyst Scott Marks has upgraded Mondelez International (MDLZ) to 'Buy' from 'Hold' with a price target of $78.00, representing an 18.18% increase from the previous target of $66.00. The upgrade reflects a positive outlook on the company's performance.

The average target price for MDLZ is $72.16, with a high estimate of $81.00 and a low estimate of $58.00. The average brokerage recommendation is 2.3, indicating an "Outperform" status. The estimated GF Value for MDLZ in one year is $84.22, suggesting a 24.83% upside from the current price.

Mondelez International, a global snack food and beverage company, has been experiencing a positive shift in analyst sentiment. Jefferies' upgrade follows several recent positive analyst reports. Morgan Stanley, Piper Sandler, Royal Bank of Canada, Barclays, and Wells Fargo have all raised their price targets for MDLZ, with Wells Fargo boosting its target from $68.00 to $78.00. This positive sentiment is driven by several factors, including improved cocoa price outlook and strong execution capabilities.

The company's recent earnings report showed strong performance, with earnings per share (EPS) of $0.74, beating analysts' consensus estimates by $0.07. Revenue for the quarter was $9.31 billion, compared to the consensus estimate of $9.37 billion. The company's net margin of 9.90% and return on equity of 15.94% indicate robust financial health.

Institutional investors and hedge funds have also shown confidence in Mondelez International. Vanguard Group, Capital Research Global Investors, Price T Rowe Associates Inc., Geode Capital Management LLC, and Ameriprise Financial Inc. have all increased their stakes in the company.

References:
[1] https://www.marketbeat.com/instant-alerts/mondelez-international-nasdaqmdlz-stock-rating-upgraded-by-jefferies-financial-group-2025-07-17/
[2] https://www.cnbc.com/2025/07/17/this-snack-maker-is-a-buy-as-the-outlook-for-cocoa-prices-improves-says-jefferies.html