YUM

In April 2026, Yum! Brands began the process of divesting Pizza Hut, completing the sale of its mainland China business to Yum China Holdings, Inc. for $1.2 billion in August 2026, and the remaining global Pizza Hut business to LongRange Capital for $1.5 billion in September 2026. In June 2026, the company's board approved a $4 billion share repurchase program. On August 3, 2026, news of a cyclosporiasis outbreak linked to Taco Bell caused the stock price to fall by nearly 3%, leading to an investigation into potential securities fraud. Amidst these events, CEO Christopher Lee Turner and Director Scott Mezvinsky sold shares in August and September 2026. In late July 2026, Yum! Brands reported quarterly results with earnings per share ahead of consensus estimates and double-digit revenue growth year-over-year, despite revenue being slightly below forecasts. In September 2026, Seaport Research Partners initiated coverage with a 'buy' rating and a $162.00 price objective. In October 2026, TD Cowen lowered its price target from $180 to $177 but maintained a 'Buy' rating, while Zacks Research raised its earnings forecasts. As of October 10, 2026, analysts have a 'Moderate Buy' consensus rating with an average 12-month price target of $172.56.