US Foods Holding Corp. (NYSE: USFD) Sees Strong Q2 Performance and Analyst Upgrade

• Cowen & Co. reaffirmed its "Buy" rating for US Foods Holding Corp., raising its price target to $119.00.
• The company's second quarter of 2026 results surpassed analyst expectations, with revenues of $10.53 billion and earnings per share (EPS) of $1.44.
• Net income surged by 22.8% to $275.00 million, driven by a 1.9% increase in total case volume and a 5.1% rise in independent restaurant case volume.

US Foods Holding Corp. (NYSE: USFD) is a leading foodservice distributor in the United States. The company supplies food and related products to restaurants, healthcare facilities, and schools. With a market capitalization of approximately $23.56 billion, it is a major player in the foodservice industry.

On August 6, 2026, analyst firm Cowen & Co. confirmed its "Buy" rating for US Foods Holding Corp. when the stock price was $106.97. The firm also increased its price target, which is an estimate of the stock's future value, to $119.00 from the previous target of $116.00.

This positive outlook is supported by the company's recent financial performance. For its second quarter of 2026, US Foods Holding Corp. reported revenues of $10.53 billion and earnings per share (EPS) of $1.44. As highlighted by Zacks, both figures surpassed analyst expectations.

The company's profitability also shows significant growth. Net income, or the company's total profit after all expenses, rose by 22.8% to $275.00 million compared to the same quarter last year. This improved the company's net income margin, a key indicator of operational efficiency.

Operationally, US Foods Holding Corp. saw its total case volume grow by 1.9%. More specifically, case volume for independent restaurants, a key customer segment, increased by a strong 5.1%. This growth in sales volume is a fundamental driver of the company's increased revenue growth.