Orrville, Ohio-based The J. M. Smucker Company (SJM) manufactures and markets branded food and beverage products worldwide. With a market cap of $12.1 billion, the company operates through U.S. Retail Coffee, U.S. Retail Frozen Handheld and Spreads, U.S. Retail Pet Foods, and Sweet Baked Snacks segments.

SJM has lagged behind the broader market over the past year but has outperformed in 2025. SJM’s stock prices have grown marginally over the past 52 weeks and 4.4% on a YTD basis, compared to the S&P 500 Index’s ($SPX) 11.9% gains over the past year and a 1% uptick in 2025.

Narrowing the focus, SJM has also underperformed the industry-focused Invesco Food & Beverage ETF’s (PBJ) 2.5% rise over the past 52 weeks, but mostly matched PBJ's 4.4% uptick in 2025.

SJM stock declined marginally following its mixed Q3 earnings release on Feb. 27. The company’s net sales declined 2% year-over-year to $2.2 billion, falling short of Street forecasts. The company’s adjusted gross profit also decreased 1% from its year-ago value to $819.2. However, its adjusted operating income rose 1.4% from the prior year’s quarter to $463.8 million. SJM’s adjusted earnings grew 5.2% year-over-year to $2.61 and surpassed the Wall Street estimates by 10.1%. For the full fiscal 2025, the company expects a 7.3% increase in its net sales and has raised its EPS guidance range to $9.85 to $10.15, up from the previously announced range of $9.70 to $10.10.

For the current fiscal year, which ended in April, analysts expect SJM to report a modest 1.1% year-over-year increase in adjusted EPS to $10.05. However, the company has an impressive earnings surprise history. It has surpassed the Street’s bottom-line estimates in each of the past four quarters.

SJM has a consensus “Moderate Buy” rating overall. Of the 16 analysts covering the stock, opinions include four “Strong Buys,” one “Moderate Buy,” 10 “Holds,” and one “Strong Sell.”

The configuration is slightly more bullish than a month ago, when only three analysts gave “Strong Buy” recommendations.

On May 19, Citigroup (C) analyst Thomas Palmer maintained a "Buy" rating for JM Smucker, but lowered its price target from $129 to $128.

SJM’s mean price target of $121.44 indicates a premium of 5.6% from the current market prices. While the Street-high target of $135 suggests a robust 17.4% upside potential.