United Natural Foods Price Target Raised to $40

Wells Fargo increases price target for the natural foods distributor

Mar. 14, 2026 at 5:20am

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United Natural Foods (NYSE:UNFI), a leading distributor of natural, organic and specialty foods in North America, had its price target raised from $35 to $40 by Wells Fargo & Company. The brokerage firm maintained its equal weight rating on the stock.

Why it matters

This price target increase reflects growing optimism about United Natural Foods' business outlook and its ability to navigate the competitive natural and organic foods distribution market. As a major player in this space, UNFI's performance is seen as an indicator of broader trends in the natural foods industry.

The details

In its research report, Wells Fargo cited United Natural Foods' recent financial results, which included better-than-expected earnings for the most recent quarter. The firm also pointed to UNFI's efforts to streamline operations and improve profitability. Other analysts have also weighed in, with some maintaining a neutral stance and others upgrading the stock to a buy rating.

  • The new $40 price target was issued on Wednesday, March 10, 2026.

The players

United Natural Foods

A leading distributor of natural, organic and specialty foods in North America, founded in 1976 and headquartered in Providence, Rhode Island.

Wells Fargo & Company

A major financial services company that provides research coverage and investment recommendations on United Natural Foods.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

This price target increase for United Natural Foods reflects the company's strong positioning in the growing natural and organic foods distribution market, as well as analysts' confidence in its ability to navigate industry challenges and deliver solid financial performance.