Mizuho has revised its price target for Mondelez International, Inc. (NASDAQ:MDLZ) from $70 to $67, maintaining an Outperform rating. This adjustment was reported on January 8, 2026, as part of the firm's 2026 forecast for the food manufacturing industry.
According to Mizuho, intense competition has pressured valuations, but healthy living trends are expected to perform well in 2026. The firm noted that widespread valuation recovery is unlikely due to weak fundamentals and high economic uncertainty.
Earlier, on January 5, 2026, Wells Fargo analyst Chris Carey reduced the price objective for Mondelez from $72 to $62, while keeping an Overweight rating on the stock. Wells Fargo updated its 2026 price projections after analyzing models from the Beverage, Food, Household, and Personal Care markets.
As of January 9, 2026, Mondelez stock is down 0.06% year-to-date. The company is a key player in the global snack market.