What Are Wall Street Analysts' Target Price for J. M. Smucker Stock?

Wall Street analysts project a target price for J. M. Smucker (SJM) stock, with a mean estimate of $128.06, signaling a 4.1% premium above the company's current stock price. This consensus rating is Moderate Buy, based on analysis from 18 analysts covering SJM. David Palmer from Evercore Inc. recently maintained a Buy rating with a price target of $125, indicating a potential 1.6% upside from today's levels.

The Street-high price target of $140 suggests an even stronger upside potential of 13.8%. SJM's stock has underperformed the broader market over the past year, gaining just 8.9%, while the S&P 500 Index climbed nearly 19.5%. Yet, SJM outperformed the S&P 500 in 2026 by 25.8%, compared to the index's 11.6% rise year-to-date. Despite strong top-line growth driven by price increases and core brand success, SJM has faced profitability challenges from rising commodity costs, higher interest expenses, and noncash charges related to its Sweet Baked Snacks segment.