USFD, US9120081099

JPMorgan cuts target for US Foods stock from USD 108 to USD 98

Published on 10/02/2026 at 15:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 2026 revenue reached USD 10.53 billion, up 4.50 percent year over year. US Foods stock costs EUR 84.50 on October 2, 2026 after EUR 83.75.

USFD, US9120081099, Illustration mit AI erstellt.

US Foods Holding Corp. (ISIN US9120081099) was at EUR 84.50 at Lang & Schwarz on October 2, 2026 at 3:07 p.m. CEST, up 0.90 percent versus the EUR 83.75 prior close of October 1, 2026. On September 29, 2026, Markets Insider reported that JPMorgan cut its US Foods price target from USD 108.00 to USD 98.00 and kept a Neutral rating.

JPMorgan trims its valuation yardstick

The target change is the clearest near-term counterweight to the company's operating progress. JPMorgan said its analysts adjusted targets across the restaurant and foodservice distribution group after meeting management teams, while also pointing to a narrower gap between restaurant and grocery pricing and rising diesel costs.

The lower target still sits above the latest New York Stock Exchange close cited in the report, but the reduction changes the message from broad upside to more selective expectations. For investors, the important distinction is between resilient foodservice demand and the cost pressure that can limit margin expansion.

Second-quarter growth beat expectations

MarketBeat reported that US Foods generated USD 10.53 billion of revenue in the second quarter of 2026, an increase of 4.50 percent from the same quarter of 2025. The company also delivered USD 1.44 of earnings per share against a USD 1.36 consensus estimate, a USD 0.08 comparison advantage.

The same report said fiscal 2026 earnings-per-share guidance stood at USD 4.696 to USD 4.935. That range gives the target cut a concrete operating backdrop: recent quarterly execution was ahead of expectations, but the market is still weighing the durability of growth and the effect of distribution costs.

US Foods stock stays below its high

US Foods had a USD 20.7 billion market capitalization as of October 1, 2026. Its USD 69.88 to USD 111.42 52-week range places the Lang & Schwarz price 24.16 percent below the high, calculated in the primary-exchange currency from the same quote snapshot.

EUR 84.50 in trading

US Foods stock was trading at EUR 84.50 at Lang & Schwarz on October 2, 2026 at 3:07 p.m. CEST, plus 0.90 percent versus the EUR 83.75 prior close at Lang & Schwarz on October 1, 2026. The company is listed on the NYSE under ticker USFD, where the reference quotation currency is USD.