Upon its release in May 1982 it received a poor reception in
Smash Hits magazine. "[T]his seems curiously lifeless even by their own standards", reviewer Dave Rimmer wrote, "The wolf of the title appears to be a character who hunts women. Charming." Retrospectively, it has been praised as one of Duran Duran's best songs. In a 2003 review of the
Singles Box Set 1981–1985, Rob Mitchum of
Pitchfork Media said that "singles don't come much stronger than 'Hungry Like the Wolf'", praising its "bubbly keys around a slashing guitar riff", adding that the song "show[s] off how Duran Duran was a band, not just a
synthesizer".
Jon Pareles from
The New York Times said the song "put an oblique, sometimes apocalyptic spin on pop romance in the verses but kept the choruses clear and catchy, never disguising their pop intentions", adding that the "posing was always a little preposterous, but no less enjoyable for that."
AllMusic's Ned Raggett said the song "blended a tight, guitar-heavy groove with electronic production and a series of instant hooks", adding that it was one of
Rio's "biggest smashes" that "open[ed] the door in America for the
New Romantic/
synth rock crossover". Stewart Mason, also from AllMusic, called "Hungry Like the Wolf" a "spectacular pop single" and "the finest song Duran Duran ever wrote", adding that it was a "much more kinetic and exciting song than earlier flop singles like '
Planet Earth'." In 2024,
The Guardian music journalist
Alexis Petridis ranked it Duran Duran's third best song, writing: "The appealingly cocky sound of a band intent on conquering America, certain they know how to do it. Hungry Like the Wolf has been polished until virtually every sound on it feels like a hook: the synth arpeggio, the guitar riff, the verses that sound like choruses, the spoken-word asides." In 2006,
VH1 ranked "Hungry Like the Wolf" No. 3 on its list of the "100 Greatest Songs of the 80's". In 2021,
Rolling Stone listed the song at No. 398 on "
the 500 Greatest Songs of All Time", and in 2022, at No. 5 on their list "100 Best Songs of 1982". ==Music video==