Mondelez International, Inc. (NASDAQ:MDLZ) is included among the 15 Best Passive Income Stocks to Buy Right Now.
On November 10, DA Davidson’s Brian Holland trimmed the firm’s price target on Mondelez International, Inc. (NASDAQ:MDLZ) to $62 from $65 and maintained a Neutral stance on the stock, as reported by The Fly. He noted in a research update that the company’s third-quarter results and its forward outlook shaped this view. According to him, the way consumers and competitors evolve in developed markets will play a central role in helping the company regain earnings strength, provided cocoa prices continue to ease.
For the third quarter of 2025, Mondelez International, Inc. (NASDAQ:MDLZ) posted revenue of $9.74 billion, a 6% increase from the same period a year earlier. The figure also came in ahead of Wall Street expectations by $70.6 million. In its report, the company said it expects certain markets to remain challenging but pointed to a recent cooldown in cocoa prices and early signs of a strong fall cocoa crop as positive developments.
Mondelez International, Inc. (NASDAQ:MDLZ) has spent the past decade tightening costs and improving profitability. It has also widened its footprint in the health-focused food category as global interest in healthier eating continues to grow. The company pays a dividend as well, and it has steadily increased it since becoming an independent company.
Mondelez International, Inc. (NASDAQ:MDLZ) operates globally and focuses on producing, marketing, and selling snack foods and beverages.
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