Mondelez International, Inc. (NASDAQ:MDLZ) is listed among the 15 Best Passive Income Stocks to Buy right now. Analysts have recently lowered the target price for MDLZ to $62, citing the company’s third-quarter results and future outlook. Revenue for the third quarter of 2025 was $9.74 billion, representing a 6% increase from the previous year and beating Wall Street expectations.

Over the past decade, Mondelez has focused on cost reduction and profitability improvement while expanding into health-focused food categories. The company operates globally, producing, marketing, and selling snack foods and beverages. Despite its potential as an investment, some believe other AI stocks offer greater upside potential with lower downside risk.

Mondelez has steadily increased its dividend since becoming an independent company. The company remains optimistic about certain markets despite challenges, citing a recent decline in cocoa prices and a strong fall cocoa crop as positive developments. Mondelez’s focus on cost reduction and profitability improvement has positioned it well in the market.

Read more at Yahoo Finance: Mondelez (MDLZ) Target Lowered to $62 as Analyst Maintains Neutral Stance