From Yahoo Finance: 2025-06-18 09:55:00

Stifel analyst Matthew Smith cut J. M. Smucker’s price target from $120 to $106, maintaining a Hold rating. The company’s FY26 outlook suggests an 11% drop in EPS, mainly due to weaker performance in Coffee and Sweet Baked Goods. Other firms also revised their price targets downward on SJM stock.

The J. M. Smucker Company produces and sells various food and beverage products, including coffee, snacks, spreads, pet food, baked goods, and frozen items. While SJM has potential as an investment, certain AI stocks may offer better upside potential with less downside risk.

Cramer discussed J. M. Smucker, mentioning challenges like a $980 million impairment charge for the Hostess acquisition, higher coffee costs, and tariffs. The stock plunged over 15% after news broke, with analysts expressing concerns about the company’s future performance.

A wholesaler distributing peanut butter, fruit spreads, and specialty spreads to a retailer.

For more insights on potential investments, check out our free report on the best short-term AI stock. Also, explore articles on the Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money for further investment opportunities.

Read more: Stifel Cuts J. M. Smucker’s (SJM) PT, Maintains Hold