Mondelez stock: BTIG keeps Buy rating and USD 74 target

BTIG reiterated its Buy rating on Mondelez International and kept its USD 74 price target, according to Investing.com. The report, published Friday, November 13, said the analyst expects Mondelez to rebuild profits in 2027 after two years of weaker earnings progression.

Volume growth leads the outlook

BTIG sees positive momentum in global volume and unit growth continuing into 2027. The firm pointed to added US capacity and strategic pricing investment in Europe as factors supporting volume growth and market share.

BTIG also expects emerging-market revenue to grow between 5 percent and 7 percent year over year next year. In Europe, the firm sees pricing declining by about 1 percent in 2027 as carryover effects from the second half of 2026 persist, while lower cocoa costs could allow Mondelez to hold non-chocolate prices steady.

Analyst view after quarterly update

The firm projects 1.9 percent volume and mix growth alongside 0.6 percent price growth, resulting in 2.5 percent organic sales growth. That forecast is slightly below the consensus cited by Investing.com because BTIG assumes a smaller contribution from pricing.

The meeting with BTIG in New York was scheduled for Thursday, November 12, following Mondelez's third-quarter reporting cycle. The meeting itself does not establish a change in company guidance, so investors will focus on whether management communication supports the analyst's assumptions on demand, pricing, margins and cocoa costs.

Mondelez stock was last quoted at 60.81 euros on Lang & Schwarz at 16:13 CET on Friday, November 13, 2026.

US equities remain in focus in the Current market reports as investors assess earnings revisions and consumer-sector demand.

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