Oppenheimer Raises IFF Price Target to $108

On October 22, 2026, Oppenheimer maintained its Outperform rating on International Flavors & Fragrances Inc. and lifted its price target to $108.00 from $95.00. According to the firm's research note, the updated target reflects a more bullish outlook for the specialty chemicals producer compared to some of its Wall Street peers. International Flavors & Fragrances closed at $93.14 on October 22, 2026.

IFF International Flavors & Fragrances Inc.

$93.19 ▲ +39.17% year to date

1M 3M YTD

Daily close · Oct 22, 2026

Oppenheimer's Call on International Flavors & Fragrances Inc.

On October 22, 2026, Oppenheimer maintained its Outperform rating on International Flavors & Fragrances Inc. and raised its price target from $95.00 to $108.00. The move places the firm's target notably higher than the broader market consensus, signaling stronger confidence in the company's trajectory.

Other Institutional Activity in International Flavors & Fragrances Inc.

Dodge & Cox Inc. grew its holdings by 532,528 shares, ending with 37,007,037 shares worth about $3,446,650,470.0. Freemont Capital Pte Ltd. kept its holdings unchanged at 25,356,381 shares valued at about $2,361,566,598.0. First Eagle Investment Management, LLC added 95,010 shares to finish with 9,409,698 shares worth roughly $876,372,243.0.

International Flavors & Fragrances Inc. Stock Up 2.3%

International Flavors & Fragrances Inc. recently traded around $93.09, staying close to its closing price of $93.14 on October 22, 2026. The stock sits just below its 52-week high of $93.47 and trades comfortably above both its 50-day moving average of $85.48 and its 200-day moving average of $77.70.

Recent Earnings

International Flavors & Fragrances Inc. reported trailing twelve month revenue of $10,780,999,680.0 alongside trailing twelve month earnings of $1.01 per share. The company recorded a net profit margin of 2.6% and a return on equity of -5.5%, with year-over-year revenue growth coming in at 1.8%. Investors will look toward the upcoming earnings release on November 3, 2026 for further updates.

Dividend

The company pays an annual dividend of $1.60 per share, which translates to a dividend yield of 1.76%. Its dividend payout ratio stands at 158.4%.

Insider Buying and Selling at International Flavors & Fragrances Inc.

Director Paul J Fribourg bought 273,500 shares valued at $20,317,854.0 on June 1, 2026. On the selling side, officer Michael Deveau disposed of 8,825 shares at $85.55 each for a total of $754,970.0 on August 6, 2026. Officer Marc Birenkrant sold 1,000 shares at $85.00 apiece worth $85,000.0 on August 7, 2026. Officer Teles de Mendonca Ana Paula parted with 5,718 shares at $83.19 each totaling $475,692.0 on August 17, 2026.

Analysts Set New Price Targets

On September 11, 2026, Keybanc initiated coverage on the stock with a Sector Weight rating. Citigroup maintained a Buy rating and adjusted its target from $101.00 to $100.00 on October 7, 2026. On the same day, Argus Research kept its Buy rating while raising its target from $85.00 to $95.00. Barclays maintained an Overweight rating on October 16, 2026, lifting its target from $96.00 to $105.00. Across the wider analyst community, the stock holds a consensus buy rating with a mean price target of $96.41.

About International Flavors & Fragrances Inc.

Headquartered in New York, International Flavors & Fragrances Inc. creates and supplies specialty tastes, scents, and ingredients for food, beverage, health, and bioscience applications worldwide. The company operates through segments including Taste, Food Ingredients, Health & Biosciences, and Scent. Wall Street tracks its financial progress closely as it navigates demand shifts in consumer goods.

Bottom Line

Oppenheimer's revised price target highlights a more optimistic view of International Flavors & Fragrances Inc. compared to several peers. Market participants will watch the upcoming earnings report on November 3, 2026 for fresh insights into operating margins and segment performance.