Analysts from TD Cowen, Mizuho, and Wells Fargo lowered their outlook on Mondelez in early 2026, citing cocoa inflation and a tougher consumer staples backdrop. Mizuho specifically reduced its price target but retained an Outperform rating. Despite these cost pressures, the company continues brand investments, renewing its OREO partnership with the NHLPA. Mondelez is scheduled to report its Q4 2025 financial results in February 2026 and was listed among the best food stocks to buy for the year.