Sweet Success: Mondelez Rides High On Tasty Growth Drivers, Analyst Boost Price Target

  • Massive Demand & Disruptive Potential – Boxabl has received interest for over 190,000 homes, positioning itself as a major disruptor in the housing market.
  • Revolutionary Manufacturing Approach – Inspired by Henry Ford’s assembly line, Boxabl’s foldable tiny homes are designed for high-efficiency production, making homeownership more accessible.
  • Affordable Investment Opportunity – With homes priced at $60,000, Boxabl is raising $1 billion to scale production, offering investors a chance to own a stake in its growth.
Share Price: $0.80
Min. Investment: $1,000
Valuation: $3.5B
  • Mizuho analyst John J. Baumgartner reiterated a Buy rating on Mondelez International MDLZraising the price target to $86 from $78.
  • The analyst considers the stock a top pick, as the drivers of share gains show no signs of abating.
  • The key drivers are: new distribution growth across channels and regional tiers, innovation rapidly expanding from chocobakery to new categories (cheesecakes, ice cream, and pastries); and high-return investments, the analyst notes.
  • Baumgartner applauds numerous potential upside drivers in FY23, including more margin recovery in Europe, supply chain/promotion/volume improvements in North America, and distribution/innovation gains in LatAm and AMEA.
  • The analyst notes that emerging markets also remained a material growth driver and the primary reason behind the positive revision to FY23 revenue guidance.
  • Based on the above, the analyst increased FY23 guidance for organic sales to +11.4% Y/Y (pricing +10.1%, vol/mix +1.3%) vs. prior expectation of +7%. FY23 adjusted EPS is expected to be $3.14 vs. prior estimate of $3.09.
  • Price Action: MDLZ shares are trading higher by 0.86% at $77.38 on the last check Monday.
  • Photo Via Company
Loading...
Loading...
MDLZ Logo
MDLZMondelez International Inc
$66.69-0.01%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
51.66
Growth
42.92
Quality
32.08
Value
25.75
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm

Comments
Loading...