Deutsche Bank Lowers Mondelez Price Target to $54

Analysts cite economic headwinds in reducing their outlook for the snack food giant.

Mar. 30, 2026 at 5:58pm

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Deutsche Bank Aktiengesellschaft has lowered its price target for Mondelez International (NASDAQ:MDLZ) from $60 to $54, citing broader economic challenges. The firm maintained a 'hold' rating on the stock, noting that the new target represents a potential downside of 7.69% from the company's previous close.

Why it matters

Mondelez is one of the world's largest snack food companies, with iconic brands like Oreo, Ritz, and Trident. The price target reduction from a major investment bank signals potential headwinds for the company as economic conditions tighten, which could impact consumer spending and the broader snack food industry.

The details

In their research note, Deutsche Bank analysts pointed to a range of factors contributing to the lower price target, including ongoing macroeconomic uncertainty and potential pressure on consumer discretionary spending. The firm also noted that Mondelez's stock has declined roughly 18% over the past year, underperforming the broader market.

  • Deutsche Bank issued the updated price target and rating on March 30, 2026.

The players

Deutsche Bank Aktiengesellschaft

A major global investment bank and financial services company headquartered in Frankfurt, Germany.

Mondelez International

A multinational confectionery, food, and beverage company that manufactures and markets snack foods and beverages, including Oreo cookies, Ritz crackers, and Trident gum.

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What they’re saying

“We must remain cautious on Mondelez given the broader economic headwinds facing the consumer sector.”

— Deutsche Bank Analyst

What’s next

Investors will be closely watching Mondelez's upcoming earnings reports and guidance to gauge the impact of the economic environment on the company's performance.

The takeaway

The price target reduction from Deutsche Bank underscores the challenges facing the snack food industry as consumers pull back on discretionary spending. Mondelez's ability to navigate these headwinds will be crucial in determining the company's future growth trajectory.