Kellogg stock price forecast integrates both qualitative and quantitative insights, balancing brand equity strength with operational cost control strategies. WK Kellogg Co does use a high amount of debt to increase returns. It has a debt to equity ratio of 1.69. While its ROE is respectable, it is worth keeping in mind that there is usually a limit as to how much debt a company can use. Debt increases risk and reduces options for the company in the future, so you generally want to see some good returns from using it. Also Read: US Restaurants Face Growth Hurdles As Macro Headwinds Mount, Says Analyst Based on market sentiment, Kellogg stock price forecast shows resilience despite muted volume growth in the packaged food sector, aided by strong pricing power and brand loyalty.