Mondelez International, Inc. (MDLZ) earnings on April 28, 2026

After the market closes Q1 2026

More Mondelez International, Inc. earnings

Prior outlook: Pessimistic Outcome: Missed

The stock rose after its earnings report, climbing nearly 6% during the day before closing up 4.3%. Market participants responded positively to the company's results.

MDLZ price around the earnings

61.06

Change: +4.3%

2026-04-29, 19:59 UTC

Start of the measured window
58.07 59.37 60.67 61.97 58.55
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)
April 28, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Missed

Thesis published

Positive historical performance, but recent weakness.

Analysts have mixed opinions but are leaning positive, supported by the company's strong history of exceeding earnings expectations. However, the stock's recent price performance has been weak.

Context analyzed before publication

Summary
Positive historical performance, but recent weakness.
Reasoning
Analysts have mixed opinions but are leaning optimistic, supported by the company's strong history of exceeding earnings expectations. However, the stock's recent price performance has been weak.
Playbook
While the company has a good track record of beating earnings, the current weak price trend suggests caution.
Trend
Expert outlook shifted from negative to mixed.

Analysts

Drivers

  • Analysts Positive

    Some analysts have initiated positive ratings or increased their price targets, indicating a generally favorable view from the analyst community.

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.85
Analysts covering the stock
25
Average price target
66.32
Lowest price target
55
Highest price target
75
Upside to price target
18.2%
Quarterly earnings growth
-61.9%
Revenue growth
9.3%
Forward EPS
3.36
Trailing EPS
1.89
Analyst moves in the last 60 days
6
  • Strong buy: 5
  • Buy: 13
  • Hold: 9
  • Sell: 0
  • Strong sell: 0
Strong buy
5
Buy
13
Hold
9
Sell
0
Strong sell
0
  • April 14, 2026 · BTIG: Initiates coverage (Buy)
  • April 10, 2026 · B of A Securities: Maintains rating (Buy → Buy)
  • April 7, 2026 · UBS: Maintains rating (Neutral → Neutral)
  • March 30, 2026 · Deutsche Bank: Maintains rating (Hold → Hold)
  • March 25, 2026 · Rothschild & Co: Downgrades rating (Buy → Neutral)
  • March 16, 2026 · Morgan Stanley: Maintains rating (Overweight → Overweight)

News and sentiment

Drivers

  • News & sentiment Negative

    Retail investor sentiment appears to be more negative compared to the analyst outlook, with fewer expressing positive views on social media platforms.

Evidence

Sentiment
Sentiment
Cautious
Mention volume
Low
Normalized volume
33%
News
Sources (7)
  • BTIG Initiates Coverage On Mondelez International with Buy Rating, Announces Price Target of $70 — Benzinga
  • B of A Securities Maintains Buy on Mondelez International, Raises Price Target to $65 — Benzinga
  • UBS Maintains Neutral on Mondelez International, Lowers Price Target to $62 — Benzinga
  • Deutsche Bank Maintains Hold on Mondelez International, Lowers Price Target to $54 — Benzinga
  • This Mondelez Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday — Benzinga
  • Reported Earlier: 'Oreo-Maker Mondelez Joins Rush to Tap Swiss Franc Bond Market' - Bloomberg — Benzinga
  • Rothschild & Co Downgrades Mondelez International to Neutral, Lowers Price Target to $55 — Benzinga

Technicals

Drivers

  • Technical Negative

    The stock has underperformed the market recently and shows a negative price trend over the past month, indicating weakness in its current price action.

Evidence

Average true range (ATR)
2.1%
Distance to 52-week high
-21.1%
14-day change (14d)
-1.6%
30-day change
-0.8%
30-day relative strength
-4.6%
Benchmark change
+3.8%
Nearest support
54.32
Nearest resistance
59.38
Volume accumulation ratio
0.71

Trends

Drivers

  • Macro & trends Positive

    The company has exceeded earnings expectations in recent quarters, suggesting a strong ability to perform well.

Evidence

Average earnings surprise
+6.6%
  • February 3, 2026: actual EPS 0.72 vs estimate 0.7 (surprise +3.3%)
  • October 28, 2025: actual EPS 0.73 vs estimate 0.71 (surprise +2.9%)
  • July 29, 2025: actual EPS 0.73 vs estimate 0.68 (surprise +7.9%)
  • April 29, 2025: actual EPS 0.74 vs estimate 0.66 (surprise +12.2%)

Expected move

There is no implied-move data available for this event.

Reactions over its last 19 earnings

Median move
1.8%
75th percentile move
3.2%
90th percentile move
4%
Up / down moves
11 / 8
Average up move
+2.2%
Average down move
-2.3%

Monitoring and close

What Mondelez International, Inc. reported

There is no monitoring data available for this event.

Pre-market second reading after the results

There is no second reading available for this event.

How the stock reacted

Outcome
Missed
Consolidated
+4.3%
Max favorable move (MFE)
0%
Max adverse move (MAE)
5.9%