Wells Fargo cut target for Mondelez International stock to USD 65
Published on 10/08/2026 at 16:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Wells Fargo lowered its Mondelez International price target from USD 70.00 to USD 65.00 on October 5, 2026.
- Mondelez reported second-quarter 2026 revenue of USD 9.36 billion, up 4.10 percent year over year.
- The Lang & Schwarz price was EUR 53.32 on October 8, 2026, up 0.47 percent versus the EUR 53.07 prior close.
- The next earnings date is listed as November 3, 2026.
Mondelez International (ISIN US6092071058) was trading at EUR 53.32 at Lang & Schwarz on October 8, 2026 at 4:38 p.m. CEST, up 0.47 percent versus the EUR 53.07 prior close. The latest analyst action came from Wells Fargo on October 5, 2026, which lowered its price target from USD 70.00 to USD 65.00 while maintaining an Overweight rating, according to MarketBeat.
Three events shaped the stock
On July 28, 2026, Mondelez reported second-quarter revenue of USD 9.36 billion and earnings per share of USD 0.73, compared with consensus earnings per share of USD 0.68, according to MarketBeat. Revenue was 4.10 percent higher than in the same quarter of 2025, creating a quantified comparison for the current investment case.
On July 29, 2026, JPMorgan raised its price objective from USD 70.00 to USD 72.00 and kept an Overweight rating, as reported by MarketBeat. On October 5, Wells Fargo moved in the opposite direction, cutting its target by USD 5.00 from the earlier USD 70.00 level.
What does the target cut change?
The Wells Fargo target of USD 65.00 remained above the USD 57.97 stock price cited in its October 5 report, implying 12.13 percent upside from that reference price. Its revised view sits below the USD 66.61 consensus target reported by MarketBeat, while other recent targets cited there included USD 70.00, USD 72.00 and USD 73.00.
Management commentary from the second-quarter earnings call pointed to a 4.40 percent top-line increase in the quarter and positive volume mix, according to Fortune. The call also discussed a 3.00 percent increase in gross profit dollars, while the company maintained its full-year 2026 earnings-per-share outlook at USD 2.97 to USD 3.12.
Next dates and trading context
Investing.com lists November 3, 2026 as the next earnings date. That date gives the market a defined point for testing whether the second-quarter revenue growth and management's full-year outlook remain intact.
On Nasdaq, Mondelez was last at USD 59.95 at 10:47 a.m. EDT on October 8, 2026. Its 52-week range was USD 51.20 to USD 66.65, and its market capitalization was USD 76.5 billion on the same date.
Price stays below the yearly high
The Lang & Schwarz quote stood at EUR 53.32 on October 8, 2026 at 4:38 p.m. CEST, up 0.47 percent versus the EUR 53.07 prior close. The further course of trading is shown by the continuously updated real-time quote of Mondelez International stock.
Mondelez International stock facts
- Company: Mondelez International, Inc.
- ISIN: US6092071058
- Ticker: MDLZ
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 8, 2026, 4:38 p.m. CEST): EUR 53.32
- Change versus prior close: plus 0.47 percent
- Prior close Lang & Schwarz (October 7, 2026): EUR 53.07
- Market capitalization: USD 76.5 billion (as of October 8, 2026)
- 52-week range: USD 51.20-66.65 (as of October 8, 2026)
- Sector / Industry: Consumer Defensive / Food Confectioners
- Index membership: S&P 500
- Next earnings date: November 3, 2026
Market context: Market report S&P 500.
