JPMorgan cuts target for US Foods stock from USD 108.00 to USD 98.00
Published on 10/07/2026 at 06:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
JPMorgan cut its target for US Foods stock from USD 108.00 to USD 98.00 on September 29, 2026, according to MarketBeat. The move gives investors a concrete counterpoint to the distributor's recent operating growth and leaves the latest analyst target below the broader consensus average of USD 114.54.
Second-quarter sales reached USD 10.50 billion
US Foods reported second-quarter fiscal 2026 net sales of USD 10.50 billion, up 4.50 percent from the prior-year quarter, while net income increased 22.80 percent to USD 275.00 million, according to Business Wire. The same release reported total case volume growth of 1.90 percent and independent restaurant case volume growth of 5.10 percent for the period ended June 27, 2026.
The combination matters because independent restaurants are a key volume engine for US Foods. Revenue growth therefore came with a measurable mix benefit, while the 22.80 percent net-income increase outpaced the 4.50 percent sales increase in the second quarter.
Guidance keeps the growth debate alive
At a September 9, 2026 Barclays conference, US Foods reaffirmed fiscal 2026 guidance for 4.00-6.00 percent net sales growth, 2.50-4.50 percent case growth, 9.00-13.00 percent adjusted EBITDA growth and 18.00-24.00 percent adjusted earnings-per-share growth, as reported by Investing.com.
The digital Pronto platform adds another quantified growth lever. Management expects Pronto revenue to reach USD 1.30 billion in 2026 and USD 1.70 billion in 2027, compared with an earlier 2027 target of USD 1.50 billion, according to the same September conference coverage. That change points to technology-enabled sales growth as an important part of the longer-term margin story.
Market value remains below the yearly high
US Foods had a market capitalization of USD 21.3 billion as of October 6, 2026. Its 52-week range was USD 69.88 to USD 111.42, placing the latest primary-market quote of USD 96.53 below the high by 13.35 percent and above the low by 38.13 percent.
US Foods Holding stock facts
- Company: US Foods Holding Corp.
- ISIN: US9120081099
- Ticker: USFD
- Primary exchange: NYSE
- Market capitalization: USD 21.3 billion (as of October 6, 2026)
- 52-week range: USD 69.88-111.42 (as of October 6, 2026)
- Sector / Industry: Consumer Defensive / Food Distribution
More news and analyses on US Foods stock are available on the US Foods topic page.
