Pilgrim's Pride Corporation (NASDAQ:PPC) Just Reported, And Analysts Assigned A US$44.29 Price Target

Simplywall
2025.11.02 13:20
portai
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Pilgrim's Pride Corporation (NASDAQ:PPC) reported quarterly results with revenues of US$4.8b and a profit of US$1.44 per share, slightly exceeding expectations. Analysts forecast revenues of US$18.5b for 2026, with earnings per share expected to decline by 16% to US$4.35. The consensus price target has dropped 10% to US$44.29, reflecting a more cautious outlook. Revenue growth is anticipated to slow, underperforming compared to industry averages. Overall, analysts maintain a stable sentiment towards the company's performance, despite the lowered price targets and growth forecasts.