Bernstein keeps USD 30.00 target for General Mills stock

Published on 10/27/2026 at 19:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-quarter sales hit USD 4.39 billion, down 2.80 percent. General Mills stock costs EUR 29.79 on October 27, 2026, down 0.10 percent versus Xetra close.

Analyst target and earnings date

Bernstein maintained a Sell rating and a USD 30.00 target on October 21, 2026.
Fiscal first-quarter sales reached USD 4.39 billion, down 2.80 percent year over year.
General Mills stock costs EUR 29.79 at Lang & Schwarz on October 27, 2026 at 7:42 p.m. CEST, 0.10 percent below the Xetra close of October 26, 2026.
General Mills is scheduled to report its next results on December 23, 2026.

General Mills, US3703341046, Illustration mit AI erstellt.

Bernstein maintained its Sell rating and a USD 30.00 price target for General Mills on October 21, 2026, according to Markets Insider. The target lies 9.53 percent below the USD 33.16 primary-exchange price, while General Mills stock was trading at EUR 29.79 at Lang & Schwarz on October 27, 2026 at 7:42 p.m. CEST, down 0.10 percent versus the Xetra close of October 26, 2026 at EUR 29.82.

Sales fell in the first quarter

General Mills reported fiscal first-quarter revenue of USD 4.39 billion for the period ended August 30, 2026. That was 2.80 percent below the USD 4.52 billion reported for the year-earlier quarter, while adjusted earnings per share reached USD 0.75 against a USD 0.72 consensus estimate, according to MarketBeat. The result beat the estimate by USD 0.03, but the year-over-year comparison remained negative.

Stock sits inside its yearly range

The primary listing is on the NYSE under ticker GIS. The USD 31.18 to USD 49.59 52-week range places the latest USD 33.16 price 6.34 percent above the low and 33.13 percent below the high. The company had a market capitalization of USD 17.7 billion on October 27, 2026.

Dividend and reporting date

General Mills declared a quarterly dividend of USD 0.61 per share, equivalent to USD 2.44 on an annualized basis and a 7.10 percent yield, according to MarketBeat. The next earnings report is scheduled for December 23, 2026, before the US market opens, according to Gekko.

What does the target imply?

Bernstein's USD 30.00 target is below the USD 33.16 primary-exchange price, while the broader consensus cited by MarketBeat was a Reduce rating from 20 analysts and an average target of USD 36.59 on October 25, 2026. The gap between those views underlines the importance of the next report's sales and profit trajectory.

General Mills stock after hours

General Mills stock was trading at EUR 29.79 at Lang & Schwarz on October 27, 2026 at 7:42 p.m. CEST, 0.10 percent below the Xetra close of October 26, 2026 at EUR 29.82. On the NYSE, the stock was last at USD 33.16 on October 27, 2026 at 2:44 p.m. ET.

The further course of trading is shown by the continuously updated real-time quote of General Mills stock.