WallStSmart
KHC

Kraft Heinz Co

NASDAQ: KHC · CONSUMER DEFENSIVE · PACKAGED FOODS

$22.42
-0.22% today

Updated 2026-04-29

Market cap
$26.54B
P/E ratio
P/S ratio
1.06x
EPS (TTM)
$-4.93
Dividend yield
7.12%
52W range
$21 – $28
Volume
15.1M

Kraft Heinz Co (KHC) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$22.42
Consensus
$25.38
+13.20%
2030 Target
$257.53
+1048.66%
DCF
$40.12
+37.71% MoS
16 analysts:
0 Buy14 Hold5 Sell

Management guidance

CEO Steve Cahillane has committed to a $600 million reinvestment program focused on stabilizing North American volumes and defending margins through brand innovation and marketing. No specific revenue targets or growth rates have been publicly disclosed; the company is prioritizing operational turnaround and margin defense rather than aggressive growth projections.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$428.45
$25.4B Rev × 20x P/S
Base case (2030)
$257.53
$25.4B Rev × 12x P/S
Bear case (2030)
$170.93
$25.4B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$26.6B$25.8B$24.9B$24.7B$24.8B$24.9B$25.1B$25.4B
Revenue growth-3.0%-3.5%-1.1%0.6%0.6%0.8%0.9%
EPS$2.97$3.06$2.59$2.06$2.15$2.25$2.38$2.52
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$250.69$250.69$252.97$255.25$257.53

Catalysts & risks

Growth catalysts
+ NFL global condiment partnership (2026-2031) driving brand visibility and retail expansion
+ $600 million brand reinvestment program including new products (PowerMac, protein lines, natural colorants)
+ Stabilization of organic net sales following 3+ years of -1% to -3.5% annual declines
+ Free cash flow generation ($3.66B TTM) supporting dividend sustainability and debt reduction
Key risks
- Persistent volume declines driven by GLP-1 drug adoption and changing consumer preferences toward healthier options
- Private label competition and margin compression in packaged foods sector
- High leverage ($21.2B total debt vs. $27.9B market cap) limiting financial flexibility
- Packaged foods industry structural headwinds: -1% 5-year revenue CAGR across peers
- Abandonment of planned breakup removes potential value unlock catalyst

Methodology

Kraft Heinz Co's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 16 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.