Magnum Ice Cream Company N.V. (NYSE:MICC) is among the spin-off companies in 2025. Unilever PLC’s (NYSE:UL) Ice Cream division, including the Magnum brand, was separated through a demerger (a pro rata spin-off to shareholders) completed on December 6, 2025, with qualifying Unilever shareholders and American Depositary Shares (ADS) holders receiving one MICC Share for every five Unilever Shares or Unilever ADSs, as applicable.
The shares of Magnum Ice Cream Company N.V. (NYSE:MICC) were listed on the exchanges in Amsterdam, London, and New York. While the remaining shareholders will hold 80.1%, the Unilever Group will hold approximately 19.9% of the stake in MICC, which it intends to sell over time to fund transaction costs and provide capital flexibility.
Magnum Ice Cream Company N.V. (NYSE:MICC), which includes brands such as Ben & Jerry’s, Cornetto, and Magnum, is the world’s largest ice cream company. It reported nearly €8.0 billion in revenue in 2024 and accounted for approximately 21% of the global retail ice cream market, making it the largest ice cream company by retail sales worldwide, according to company reports.
While Magnum Ice Cream Company N.V.’s (NYSE:MICC) stock has risen nearly 6% since its listing, Kepler Capital analyst Karel Zoete sees an upside of 3% with his price target of €16.30 as per his latest update on December 19. Despite the low upside, the analyst reiterated a Buy rating on the stock.
Earlier, on December 12, Goldman Sachs analyst Sam Darbyshire initiated coverage of the stock with a Neutral rating and a €16 price target, as he sees limited upside for the shares. He notes that he may turn more positive if the company could improve its margin ahead of expectations.
However, the company’s management appears optimistic about future growth. This was evidenced by MICC CEO Peter Ter Kulve’s comments after the listing on December 8. He stated,
“We have a clear strategy to deliver growth, improve productivity and reinvest in TMICC in line with the medium-term targets we set out at our recent Capital Markets Day. With our iconic brands, world-class capabilities, expert people and the trust of millions of ice cream lovers globally, we aim to lead the frozen snacking revolution, shaping new occasions, innovating new products and fresh ways to delight people around the world, improving the service to our customers and creating value for our shareholders and wider stakeholders. Because life tastes better with ice cream.”
While we acknowledge the risk and potential of MICC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MICC and that has 10,000% upside potential, check out our report about this cheapest AI stock.
READ NEXT: Cathie Wood’s Stock Portfolio: Top 10 Stocks to Buy and 11 Best Stocks You’ll Wish You Bought Sooner.
Disclosure: None. This article is originally published at Insider Monkey.
Hedge Fund Resource Center