Kellanova Stock: Analyst Estimates & Ratings

Company Overview - Kellanova (K) is a Chicago-based company that manufactures and markets snacks and convenience foods, with a market cap of $28.9 billion. The product range includes snacks, cereal, noodles, plant-based foods, and frozen breakfast items, along with online delivery services [1]. Stock Performance - Kellanova's shares have underperformed the broader market over the past year, gaining only 3.2% compared to the S&P 500 Index's increase of nearly 18.5%. Year-to-date in 2025, K stock is up 2.7%, while the S&P 500 has risen by 15.1% [2]. - In comparison to the First Trust Nasdaq Food & Beverage ETF (FTXG), which has declined about 14.7% over the past year, K's single-digit returns on a year-to-date basis are more favorable than the ETF's 10.1% losses [3]. Financial Results - For Q3, Kellanova reported revenue of $3.3 billion, showing a slight year-over-year increase. The adjusted EPS rose by 3.3% year-over-year to $0.94. However, analysts project a decline in EPS for the current fiscal year, expecting a 5.2% drop to $3.66 on a diluted basis [4]. - The company's earnings surprise history is mixed, having beaten consensus estimates in two of the last four quarters while missing forecasts in the other two [4]. Analyst Ratings - Among the 14 analysts covering Kellanova, the consensus rating is a "Hold" [5]. - Barclays PLC analyst Andrew Lazar maintained a "Hold" rating on K and set a price target of $83, which is slightly above the current price levels. The mean price target of $83.42 and the Street-high price target of $83.50 suggest limited upside potential [6].