JP Morgan Cuts Mondelez International (MDLZ) Price Target to $71

JP Morgan has reaffirmed its Overweight rating on Mondelez International with a price target of $71, a 11.18% upside from the current price.

By TradeTexts Research Desk · Published Oct 16, 2026, 2:04 PM EDT · Updated Oct 17, 2026, 11:15 AM EDT

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JP Morgan cut its price target on Mondelez International, Inc. ($MDLZ) to $71 from $72 on October 16, 2026, and rates the stock "Overweight".

MDLZ Mondelez International, Inc.

$63.91 +22.25% year to date

Daily close · Oct 16, 2026

Key Points

On October 16, 2026, JP Morgan reiterated its Overweight rating on Mondelez International (MDLZ) and set a price target of $71.
JP Morgan's $71 price target implies 11.18% upside from Mondelez International, Inc.'s ($MDLZ) current $63.86 share price.
Currently, Mondelez shares are trading recently around $63.86, which is about 10.1% below the analyst's target.
The next earnings report for Mondelez is scheduled for October 27, 2026.

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JP Morgan has reiterated its Overweight rating on Mondelez International, Inc. (MDLZ) with a price target of $71 on October 16, 2026. This marks a slight reduction from the previous target of $72. As of the same date, Mondelez shares traded recently around $63.86, which is about 10.1% below the new target.

Analyst rating track record

JP Morgan vs. the S&P 500

YTD return -1.44% hypothetical

All-time return -1.44% S&P 500 +0.45%

vs. S&P 500 -1.89% behind the index

Hypothetical returns from JP Morgan's disclosed trades, not real profit or advice. How we model this.

Other Institutional Activity in Mondelez International

Several other institutional investors have also been active with Mondelez. Blackrock Inc. holds 105,969,321 shares valued at approximately $6.77 billion, while Vanguard Capital Management LLC has 83,858,130 shares worth about $5.36 billion. Capital Research Global Investors increased its stake by 1,359,249 shares, bringing its total to 69,663,227 shares valued at around $4.45 billion. In contrast, JPMorgan Chase & Co. reduced its holdings by 1,391,863 shares, ending with 60,744,872 shares worth about $3.88 billion. State Street Corporation also trimmed its position, decreasing by 2,205,737 shares for a total of 59,579,607 shares valued at about $3.81 billion.

Mondelez International, Inc. Stock Up 4.9%

Mondelez shares are currently trading around $63.86, which is near their recent levels but significantly below the analyst target of $71. This indicates room for potential growth, especially considering the company's solid fundamentals.

12-month forecast

$MDLZ price target

Mondelez International, Inc. daily closes and this analyst's $71 target. Not advice.

Recent Earnings

For the trailing twelve months, Mondelez reported revenue of approximately $39.67 billion with an earnings per share (EPS) of $2.73. The company has a net margin of 8.9% and a return on equity of 13.3%. The next earnings report is set for October 27, 2026.

Insider Buying and Selling at Mondelez International, Inc.

Insider trading activity includes sales by several executives. On February 13, 2026, Officer Gustavo Carlos Valle sold 3,000 shares at an average price of $62.00, totaling $186,000. Chief Executive Officer Dirk Van de Put sold 133,580 shares on August 19, 2026, at an average price of $64.08 for a total of about $8.56 million. Additionally, Officer Brian Stevens sold 64 shares on May 1, 2026, valued at $3,934.

Analysts Set New Price Targets

On the same day as JP Morgan's call, Barclays maintained its Overweight rating on Mondelez with a new price target of $72, up from $70. Other analysts like BNP Paribas and Wells Fargo have maintained their ratings with targets of $70 and $65, respectively, indicating a generally positive outlook for the stock.

About Mondelez International

Mondelez International, Inc. is a global snacking powerhouse based in Chicago, IL. The company produces a wide range of snack foods, including biscuits, chocolates, and candies across various regions, making it a key player in the consumer defensive sector. This reiteration by JP Morgan reflects confidence in Mondelez's market position and growth potential.

Bottom Line

Investors should keep an eye on Mondelez as it approaches its next earnings date on October 27, 2026. The company's performance and the market's response to analyst ratings will be critical to watch in the coming weeks.