Kraft Heinz's (KHC) Q4 growth is expected to remain "weak," and investor attention is likely to center on 2026 guidance amid a challenging operating backdrop and the overhang from its pending separation, UBS Securities said Tuesday in a report.

UBS is modeling Q4 earnings at $0.62 a share, compared with Wall Street's $0.61 estimate, and total organic sales are expected to decline 3.9%, in line with consensus, while North America organic sales are projected to fall 5.7% versus expectations for a 5.5% drop.

For 2026, UBS forecasts EPS of $2.40, below the $2.49 consensus. Organic sales are expected to decline 0.8%, compared with Wall Street's projected 0.4% drop, and full-year adjusted operating income is expected to fall 5.4%, versus a 2% decline estimated by analysts, the report said.

UBS maintained its neutral rating on Kraft Heinz stock with a $24 price target.

Q4 results are due Feb. 11.

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