Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Smithfield Foods ( (SFD) ) has issued an update.
On January 20, 2026, Smithfield Foods agreed to acquire Nathan’s Famous in an all-cash merger valued at about $450 million, paying $102 per share and taking the hot dog brand private, with Nathan’s becoming a wholly owned subsidiary after shareholder and regulatory approvals. The deal, which will be funded with Smithfield’s cash on hand and is expected to close in the first half of 2026, consolidates Smithfield’s long-standing licensing relationship with Nathan’s into full ownership, securing perpetual rights to the iconic all-beef hot dog brand, immediately boosting Smithfield’s earnings and strengthening its higher-margin packaged meats business by adding scale, anticipated cost synergies of roughly $9 million annually, and tighter control over both retail and foodservice distribution; a voting agreement already commits roughly 29.9% of Nathan’s shares to support the transaction, while customary breakup fees and regulatory conditions, including antitrust and CFIUS clearance, frame the risks and protections for both companies and their shareholders.
The most recent analyst rating on (SFD) stock is a Buy with a $29.00 price target. To see the full list of analyst forecasts on Smithfield Foods stock, see the SFD Stock Forecast page.
Spark’s Take on SFD Stock
According to Spark, TipRanks’ AI Analyst, SFD is a Neutral.
Smithfield Foods’ overall score is driven by strong earnings performance and favorable valuation metrics. The company’s financial stability and improved profitability are significant strengths. However, declining revenue and technical indicators suggest caution. The raised outlook and record profits provide optimism, but challenges in certain segments and market conditions remain.
To see Spark’s full report on SFD stock, click here.
More about Smithfield Foods
Smithfield Foods, Inc. is a U.S.-based food company with a leading position in value-added packaged meats and fresh pork, marketing a diverse portfolio of protein brands through retail and foodservice channels worldwide. Nathan’s Famous, Inc. is a hot dog–centric branded food company that distributes products through its restaurant system, foodservice programs and licensing in all 50 U.S. states, various territories and 21 foreign countries.
Average Trading Volume: 920,413
Technical Sentiment Signal: Strong Buy
Current Market Cap: $9.22B
For a thorough assessment of SFD stock, go to TipRanks’ Stock Analysis page.