Wells Fargo cuts target for Mondelez International stock

Published on 10/07/2026 at 15:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wells Fargo set a USD 65 target after USD 70 on October 5, 2026. Mondelez International stock costs EUR 53.60 versus EUR 52.84 on October 7, 2026.

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Mondelez International (ISIN US6092071058) was trading at EUR 53.60 at Lang & Schwarz on October 7, 2026 at 3:07 p.m. CEST, up 1.44 percent versus the prior close of EUR 52.84. Wells Fargo lowered its price target from USD 70.00 to USD 65.00 while maintaining an overweight rating, according to MarketBeat on October 5, 2026. The 7.14 percent target reduction puts valuation discipline ahead of the company's recent earnings momentum.

Wells Fargo trims its target

The new USD 65.00 target remains above the USD 57.97 share price cited in the October 5 report, but the lower objective narrows the valuation cushion. MarketBeat said the analyst consensus was Moderate Buy with an average target of USD 66.61, while recent targets from other firms ranged from USD 70.00 to USD 73.00.

For investors, the change matters because Wells Fargo's target now sits USD 1.61 below that consensus average. The revision does not erase the favorable rating, but it signals a more cautious view of the near-term upside than the earlier USD 70.00 objective.

Second-quarter figures beat estimates

Mondelez reported second-quarter 2026 revenue of USD 9.36 billion, compared with the USD 9.21 billion analyst estimate, according to MarketBeat. That USD 0.15 billion revenue difference equals 1.63 percent above the estimate.

Earnings per share reached USD 0.73 versus USD 0.68 expected, a USD 0.05 or 7.35 percent beat. Revenue was also reported as 4.10 percent higher than in the same quarter a year earlier, giving the target cut a clear counterpoint in the operating data.

Stock gains while valuation resets

The Lang & Schwarz move is positive on the October 7 session, yet the euro quote remains separate from the Nasdaq valuation measures reported in US dollars. Mondelez operates across biscuits, chocolate, gum, candy and other snack categories, making revenue growth and margin protection central to the analyst debate.

Market capitalization stood at USD 76.1 billion as of October 6, 2026. The combination of a 1.44 percent daily gain, a USD 65.00 Wells Fargo target and USD 9.36 billion of quarterly revenue gives investors three distinct reference points for assessing the stock.

Trading reference for October 7

Mondelez stock was trading at EUR 53.60 at Lang & Schwarz on October 7, 2026 at 3:07 p.m. CEST, plus 1.44 percent versus the prior close of EUR 52.84. The further course of trading is shown by the continuously updated real-time quote of Mondelez International stock.