International Flavors & Fragrances Inc.

NYSE:IFF Stock Report

Market Cap: US$21.7b

International Flavors & Fragrances Future Growth

Future criteria checks 3/6

International Flavors & Fragrances's revenue is forecast to decline at 5.7% per annum while its annual earnings are expected to grow at 52.1% per year. EPS is expected to grow by 52.8% per annum. Return on equity is forecast to be 8.1% in 3 years.

Key information

52.1%

Earnings growth rate

52.79%

EPS growth rate

Chemicals earnings growth21.8%
Revenue growth rate-5.7%
Future return on equity8.13%
Analyst coverage

Good

Last updated10 Sep 2026

Recent future growth updates

Recent updates

Narrative Update • Aug 21

IFF: Portfolio Shift And EPS Dilution Risk Will Shape Future Multiple

Analysts have lifted the fair value estimate for International Flavors & Fragrances to $81.76 from $77.47, citing a series of higher Street price targets and expectations that recent investments, improving profit margins, and reduced execution risk can support a higher future P/E multiple. Analyst Commentary Recent Street research on International Flavors & Fragrances points to a mixed tone, with several firms lifting price targets while others flag ongoing execution and earnings risks.
Seeking Alpha • Aug 18

International Flavors & Fragrances: 2026 Confirms Poor Capital Allocation

Summary International Flavors & Fragrances Inc. (IFF) is rated 'HOLD' with a new price target of $58/share, reflecting reduced upside and capital allocation concerns. International Flavors & Fragrances has improved leverage and operational metrics, but persistent earnings declines and repeated goodwill impairments highlight ongoing structural challenges. Recent divestitures and management's focus on share buybacks raise questions about value creation and the timing of capital deployment. Despite a well-covered dividend and manageable debt, International Flavors & Fragrances' risk/reward profile remains unattractive until more convincing turnaround evidence emerges. Read the full article on Seeking Alpha
Narrative Update • Aug 06

IFF: Food Ingredients Sale And Buybacks Will Support Stronger 2026 Framework

For International Flavors & Fragrances, the analyst fair value estimate has moved modestly higher to about $94.82 from $91.66. This reflects updated views that emphasize improving profit margins and cash returns, while still recognizing more cautious revenue growth assumptions and a slightly higher future P/E expectation across recent research.
Narrative Update • Jul 06

IFF: Portfolio Moves And 2026 Guidance Will Support Earnings Resilience

The updated analyst price target for International Flavors & Fragrances rises by $5 to $105. This reflects generally higher Street targets and analyst expectations that adjusted estimates, higher peer multiples, and potential earnings support from volume growth and productivity gains can justify a slightly richer P/E assumption, despite modestly softer revenue growth and profit margin inputs.
Narrative Update • Jun 22

IFF: Food Ingredients Sale Will Support 2026 Framework Despite Near Term EPS Drag

The analyst price target for International Flavors & Fragrances is updated to $91.66 from $90.71, as analysts factor in recent target revisions across the Street and adjust for slightly different assumptions on discount rate, revenue growth, profit margins, and future P/E. Analyst Commentary Recent Street research on International Flavors & Fragrances has focused on the announced sale of the base food ingredients business and how that might affect earnings, guidance and valuation.
Analysis Article • Jun 21

International Flavors & Fragrances (IFF) Stock Could Be 15.4% Undervalued After Portfolio Reset

International Flavors & Fragrances (IFF) has returned to focus after recent share price moves, prompting investors to reassess how its current valuation aligns with fundamentals such as revenue, earnings and longer term share performance. See our latest analysis for International Flavors & Fragrances. At a share price of $76.72, International Flavors & Fragrances has seen a 12.6% 90 day share price return and a 6.6% 1 year total shareholder return, suggesting some recent momentum while longer...
Narrative Update • Jun 06

IFF: Portfolio Reshaping And EPS Dilution Risks Will Define Fair Outlook

Analysts have nudged their price expectations for International Flavors & Fragrances slightly higher, lifting the implied fair value by about $0.49 to $77.47 as they weigh the updated divestment plans, the adjusted revenue and margin outlook, and a modestly higher assumed future P/E multiple. Analyst Commentary Recent research updates on International Flavors & Fragrances point to a cautious tone, even as some models adjust fair value modestly higher.
Narrative Update • May 17

IFF: Fair Outlook Balances Portfolio Optimization Efforts With Execution And Earnings Visibility Risks

Narrative Update on International Flavors & Fragrances Analysts have trimmed the consolidated price target for International Flavors & Fragrances by about $0.62, reflecting mixed recent revisions across firms as they factor in updated expectations for revenue, margins, and future P/E multiples following recent earnings and portfolio updates. Analyst Commentary Recent research on International Flavors & Fragrances shows a split view, with some firms lifting price targets and others trimming them as they revisit assumptions around revenue trajectories, margin recovery, and justified P/E multiples.
Narrative Update • May 01

IFF: Portfolio Optimization And 2026 Guidance Will Support Higher Earnings Visibility

Narrative Update on International Flavors & Fragrances The analyst price target for International Flavors & Fragrances is updated to $100, with analysts pointing to refined discount rate, revenue growth, profit margin, and future P/E assumptions after a series of recent target changes across the Street. Analyst Commentary Recent Street research around International Flavors & Fragrances shows a mix of recalibrations, with several firms adjusting price targets both higher and lower as new information on guidance, portfolio moves, and currency effects comes through.
Narrative Update • Apr 17

IFF: Portfolio Optimization And 2026 Guidance Will Support Future Re Rating

Analysts have trimmed their average price targets for International Flavors & Fragrances by around $10 to $11 in recent updates, citing refreshed models after earnings, portfolio optimization progress, and more cautious assumptions around growth and profitability. Analyst Commentary Recent research shows a mix of price target trims and prior upward revisions, as analysts recalibrate models around International Flavors & Fragrances after earnings and portfolio moves.
Narrative Update • Apr 02

IFF: Fair Outlook Weighs Portfolio Optimization Progress Against Macro And Execution Risks

International Flavors & Fragrances' analyst fair value estimate has moved from about $66 to roughly $77.61. Analysts attribute this change to higher price targets, portfolio optimization progress, updated models after recent results, and a slightly lower discount rate as key drivers.
Narrative Update • Mar 19

IFF: Portfolio Optimization Progress Will Support Future Re Rating Potential

Analysts have nudged the implied price target for International Flavors & Fragrances to $100, reflecting updated expectations around portfolio optimization progress, modestly higher revenue growth and profit margins, and a slightly lower discount rate cited across recent research. Analyst Commentary Recent Street research points to a clear shift in sentiment around International Flavors & Fragrances, with several bullish analysts lifting their valuation frameworks and price targets into a tighter band around US$90 to US$100.
Narrative Update • Mar 05

IFF: Portfolio Optimization Progress Will Support 2026 Outlook Despite Macro Uncertainty

Analysts have nudged their price targets on International Flavors & Fragrances higher, with moves such as Citi and BofA lifting views to $100 and other firms raising targets into the $90s. They point to progress on portfolio optimization, updated post earnings models, and Q4 and 2026 guidance that they see as easing earlier concerns.
Narrative Update • Feb 19

IFF: 2026 Outlook Balances Demand Recovery With Early Automation And Macro Uncertainty

Analysts lifted their blended price target for International Flavors & Fragrances to $90.47 from $82.37, citing higher modeled revenue growth, slightly stronger profit margins, a modestly lower discount rate, and updated post-earnings forecasts that include new target ranges from firms such as Deutsche Bank at $95, Mizuho at $92, and BofA at $100. Analyst Commentary Recent research reports cluster around a more constructive view on International Flavors & Fragrances, with several firms lifting their price targets and updating models following the latest earnings and guidance.
Narrative Update • Feb 04

IFF: 2026 Demand Recovery And Automation Investments Will Support Rebound

The analyst price target for International Flavors & Fragrances edges higher to about US$82.37 from roughly US$81.49 as analysts weigh slightly lower modeled revenue growth against a higher profit margin profile, a modestly reduced discount rate, and a lower assumed future P/E, in line with a recent series of Street target increases. Analyst Commentary Recent Street research on International Flavors & Fragrances shows a cluster of price target revisions, with several bullish analysts lifting their targets and a smaller group trimming assumptions.
Narrative Update • Jan 21

IFF: Cleaner Energy Projects And Automation Will Support Future Re Rating

Analysts have trimmed their fair value estimate for International Flavors & Fragrances to about $100 from roughly $108, reflecting updated assumptions for slightly higher revenue growth, a lower profit margin outlook, a higher discount rate, and a modestly richer future P/E, even as recent Street research has in several cases lifted price targets on the shares. Analyst Commentary Bullish analysts have been adjusting their views on International Flavors & Fragrances with a series of higher price targets, even as some maintain a more neutral stance on the stock.
Narrative Update • Jan 07

IFF: Fair Outlook Balances Macro Weakness With 2026 Reacceleration Potential

Analysts have nudged their implied fair value for International Flavors & Fragrances down from about US$74 to roughly US$66. They point to tighter discount rate assumptions alongside expectations for modest revenue contraction, slightly higher margins and a lower future P/E multiple, as they recalibrate around slower macro trends and updated price targets in the US$80 to US$88 range.
Narrative Update • Dec 14

IFF: 2026 Demand Recovery Will Drive Rebound From Cyclical Headwinds

Analysts have trimmed their price target for International Flavors & Fragrances by less than $1 to about $81.49, reflecting slightly higher discount rates and modestly lower long term profit expectations, even as they still anticipate eventual growth reacceleration. Analyst Commentary Recent Street research reflects a mixed but generally constructive view on International Flavors & Fragrances, with modestly reduced price targets balancing execution risks against potential for margin improvement and renewed growth in the medium term.
Narrative Update • Nov 30

IFF: Growth Acceleration in 2026 Will Drive Sector Outperformance Despite Macro Headwinds

Analysts have modestly reduced their price targets for International Flavors & Fragrances, citing deteriorating macro trends and inconsistent industrial demand. The consensus target has dropped from the mid-$80s to a range between $66 and $88 per share.
Analysis Article • Nov 27

International Flavors & Fragrances (NYSE:IFF) Is Due To Pay A Dividend Of $0.40

International Flavors & Fragrances Inc. ( NYSE:IFF ) has announced that it will pay a dividend of $0.40 per share on...
Narrative Update • Nov 16

IFF: Future Sector Outperformance Will Be Driven By 2026 Growth Potential

Analysts have modestly adjusted their price targets for International Flavors & Fragrances, with a slight overall decrease reflecting mixed expectations for sector growth, macroeconomic headwinds, and shifting risk assessments. The consensus is moving lower by a few dollars per share.
Analysis Article • Nov 03

International Flavors & Fragrances (NYSE:IFF) Has Affirmed Its Dividend Of $0.40

International Flavors & Fragrances Inc.'s ( NYSE:IFF ) investors are due to receive a payment of $0.40 per share on 9th...
Narrative Update • Nov 01

IFF: Recovery Strategy And Leadership Changes Will Drive Future Upside Potential

International Flavors & Fragrances has seen its average analyst price target revised downward by several dollars as analysts cite continued weakness in end market demand, macroeconomic headwinds, and a lack of near-term catalysts for upside in the shares. Analyst Commentary Recent Street research has reflected a mix of cautious outlooks and selective optimism toward International Flavors & Fragrances, as analysts adjust their views in light of near-term challenges and sector dynamics.
Narrative Update • Oct 18

Investments In Health And Emerging Markets Will Unlock Long-Term Value

International Flavors & Fragrances saw its analyst price target decrease, highlighted by the latest updates. Analysts cited broad market uncertainty and muted near-term growth expectations as reasons for lowering targets by up to $8 per share.
Narrative Update • Oct 04

Investments In Health And Emerging Markets Will Unlock Long-Term Value

International Flavors & Fragrances saw its fair value estimate trimmed by approximately $1 to $83.49 per share, as analysts adjusted targets in response to softer end-market demand and a more cautious outlook for the sector. Analyst Commentary Recent analyst updates reflect a more nuanced view of International Flavors & Fragrances, with some shifting to neutral stances and others adjusting price targets in response to changes in market dynamics and company execution.
Narrative Update • Aug 08

Investments In Health And Emerging Markets Will Unlock Long-Term Value

Despite a modest improvement in revenue growth forecasts, a slight decline in net profit margin has contributed to a reduction in the consensus analyst price target for International Flavors & Fragrances from $90.35 to $86.36. What's in the News IFF announced a $500 million share repurchase program funded through available cash and operating activities, with no set term or termination date.

Earnings and Revenue Growth Forecasts

NYSE:IFF - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20288,1947429561,41513
12/31/20277,8386748261,34517
12/31/20267,5844503761,05714
6/30/202610,781-7915381,161N/A
3/31/202610,746-274398980N/A
12/31/202510,890-361254850N/A
9/30/20259,434597419921N/A
6/30/20259,6656156261,102N/A
3/31/202510,6352705691,098N/A
12/31/202411,4842636021,070N/A
9/30/202411,416-2,2869041,325N/A
6/30/202411,311-2,3199871,400N/A
3/31/202411,351-2,4969651,411N/A
12/31/202311,479-2,5899521,455N/A
9/30/202311,620194531,003N/A
6/30/202311,863-2,202265823N/A
3/31/202312,241-2,121-19528N/A
12/31/202212,440-1,868-109397N/A
9/30/202212,627-1,7543500N/A
6/30/202212,635635218688N/A
3/31/202212,4175556371,075N/A
12/31/202111,6562681,0401,437N/A
9/30/20219,8952431,1111,425N/A
6/30/20218,0921369271,204N/A
3/31/20216,2021928191,055N/A
12/31/20205,084365522714N/A
9/30/20205,098380531731N/A
6/30/20205,097423519722N/A
3/31/20205,190474N/A669N/A
12/31/20195,140454N/A699N/A
9/30/20195,075383N/A619N/A
6/30/20194,716350N/A567N/A
3/31/20194,344313N/A496N/A
12/31/20183,978333N/A438N/A
9/30/20183,613283N/A393N/A
6/30/20183,579298N/A388N/A
3/31/20183,501308N/A361N/A
12/31/20173,399295N/A391N/A
9/30/20173,307415N/A408N/A
6/30/20173,211394N/A436N/A
3/31/20173,161401N/A529N/A
12/31/20163,116404N/A550N/A
9/30/20163,069403N/A481N/A
6/30/20163,058420N/A440N/A
3/31/20163,032408N/A442N/A
12/31/20153,023417N/A467N/A
9/30/20153,064428N/A496N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: IFF is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.7%).

Earnings vs Market: IFF is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: IFF is expected to become profitable in the next 3 years.

Revenue vs Market: IFF's revenue is expected to decline over the next 3 years (-5.7% per year).

High Growth Revenue: IFF's revenue is forecast to decline over the next 3 years (-5.7% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: IFF's Return on Equity is forecast to be low in 3 years time (8.1%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/18 22:01
End of Day Share Price 2026/09/18 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

International Flavors & Fragrances Inc. is covered by 35 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John StaszakArgus Research Company
Ghansham PanjabiBaird
Lauren LiebermanBarclays