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Stocks•29 April 2026•

1 min read

UBS Raises Mondelez Price Target to $64, Maintains Neutral Rating

Key Facts

1UBS increased its price target for Mondelez International from $62.00 to $64.00 while maintaining a Neutral rating.

2The company reported quarterly revenue of $10.08 billion, surpassing consensus estimates by nearly 3%.

3Emerging markets saw strong growth of 6.3%, including double-digit growth in Latin America and the Asia, Middle East, and Africa regions.

UBS has increased its price target for Mondelez International (MDLZ) to $64.00 from $62.00, while reiterating a Neutral rating on the stock. The revision follows a strong quarterly performance where the company reported revenue of $10.08 billion, beating consensus estimates by approximately 3%. Growth was particularly robust in emerging markets, which expanded by 6.3% with double-digit gains across Latin America, Asia, and the Middle East. However, the rating remains tempered as year-over-year earnings per share declined from $0.74 to $0.67. This mixed financial picture suggests that while international expansion is healthy, profitability headwinds persist. Investors are currently weighing the company's strong top-line growth against its bottom-line performance.