J.M. Smucker to underperform today given FY26 guidance, says Stifel

Stifel analyst Matthew Smith expects J.M. Smucker (SJM) shares to underperform today given the lower than expected FY26 guidance, including a softer Q1 outlook, the analyst tells investors in a flash note following the company’s fiscal Q4 report. The firm continues with a Hold rating and $120 price target , but will review its estimates and target price following the conference call, the analyst tells investors. In pre-market trading approaching 9 am ET, J.M. Smucker shares are down $8.09, or 7%, to $103.76.