GIS trades 11.6% below Wall Street's consensus target of $37.30.
Last 12 months price action with 12-month analyst target path
The base valuation assumes GIS achieves its forward estimates and maintains a stable P/E multiple of 9.8x. This scenario reflects the blended consensus of 34 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 21, 2026, General Mills, Inc. (GIS) has a Wall Street consensus price target of $37.30, based on estimates from 34 covering analysts. With the stock currently trading at $33.42, this represents a potential upside of +11.6%. The company has a market capitalization of $17.83B.
Analyst price targets range from a low of $30.00 to a high of $47.00, representing a 46% spread in expectations. The median target of $36.00 aligns closely with the consensus average.
The current analyst consensus rating is Hold, with 8 analysts rating the stock as a Buy or Strong Buy,20 rating it Hold, and 6 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.
From a valuation perspective, GIS trades at a trailing P/E of 8.2x and forward P/E of 9.8x. The forward PEG ratio of 3.42 reflects a premium valuation. Analysts expect EPS to grow -16.5% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $35.39, with bear and bull scenarios of $22.30 and $46.63 respectively. Model confidence stands at 49/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
KKellanova | $29.0B | $83.44 | $74.03 | -11.3% | Hold | 22.1x | 34 |
CPBCampbell Soup Company | $6.3B | $21.15 | $20.67 | -2.3% | Hold | 9.7x | 29 |
CAGConagra Brands, Inc. | $6.3B | $13.20 | $15.20 | +15.2% | Hold | 7.8x | 25 |
SJMThe J. M. Smucker Company | $11.8B | $110.86 | $120.33 | +8.5% | Buy | 12.3x | 31 |
HRLHormel Foods Corporation | $13.3B | $24.16 | $23.50 | -2.7% | Hold | 16.3x | 29 |
MKCMcCormick & Company, Incorporated | $11.8B | $46.64 | $68.75 | +47.4% | Hold | 15.1x | 30 |
POSTPost Holdings, Inc. | $4.0B | $88.41 | $114.50 | +29.5% | Buy | 11.5x | 19 |
MDLZMondelez International, Inc. | $77.2B | $60.12 | $67.00 | +11.4% | Buy | 19.7x | 41 |
HSYThe Hershey Company | $35.0B | $172.63 | $224.23 | +29.9% | Hold | 20.4x | 35 |
TRTootsie Roll Industries, Inc. | $2.7B | $36.24 | — | — | — | 19.3x | — |
Quick answers to the most common questions about buying GIS stock.
General Mills, Inc. (GIS) has a consensus 12-month price target of $37.3, implying 11.6% upside from $33.42. The 34 analysts covering GIS see moderate appreciation potential.
GIS has a consensus rating of "Hold" based on 34 Wall Street analysts. The rating breakdown is mixed, with 20 Hold ratings making up the largest segment. The consensus 12-month price target of $37.3 implies 11.6% upside from current levels.
With a forward P/E of 9.8109x, GIS trades at a relatively low valuation. The consensus target of $37.3 implies 11.6% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $47 for GIS, while the most conservative target is $30. The consensus of $37.3 represents the median expectation. Our quantitative valuation model projects a bull case target of $47 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
GIS is heavily covered by Wall Street, with 34 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 8 have Buy ratings, 20 recommend Hold, and 6 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month GIS stock forecast based on 34 Wall Street analysts shows a consensus price target of $37.3, with estimates ranging from $30 (bear case) to $47 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $35, with bear/bull scenarios of $22/$47.
Our quantitative valuation model calculates GIS's fair value at $35 (base case), with a bear case of $22 and bull case of $47. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 49/100.
GIS trades at a forward P/E ratio of 9.8x based on next-twelve-months earnings estimates compared to a trailing P/E of 8.2x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are optimistic on GIS, with a "Hold" consensus rating and $37.3 price target (11.6% upside). 8 of 34 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
GIS analyst price targets range from $30 to $47, a 46% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $37.3 consensus represents the middle ground. Our model's $22-$47 range provides an independent fundamental perspective.
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