Campbell’s (NASDAQ:CPB) Issues FY 2026 Earnings Guidance

Campbell’s (NASDAQ:CPB) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 2.150-2.250 for the period, compared to the consensus EPS estimate of 2.420. The company issued revenue guidance of -, compared to the consensus revenue estimate of $9.9 billion.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Morgan Stanley dropped their price target on shares of Campbell’s from $28.00 to $27.00 and set an “equal weight” rating on the stock in a research note on Friday, March 6th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $26.00 target price on shares of Campbell’s in a report on Monday, March 2nd. Stifel Nicolaus set a $30.00 price target on shares of Campbell’s and gave the company a “hold” rating in a report on Tuesday, December 9th. Barclays set a $27.00 price target on shares of Campbell’s in a research report on Friday, January 16th. Finally, Stephens decreased their price objective on shares of Campbell’s from $40.00 to $38.00 and set an “overweight” rating for the company in a report on Monday, December 8th. Two analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $31.35.

Campbell’s Stock Performance

NASDAQ CPB traded down $1.87 during trading hours on Wednesday, hitting $22.81. The company’s stock had a trading volume of 8,805,410 shares, compared to its average volume of 7,400,069. Campbell’s has a 12 month low of $22.53 and a 12 month high of $40.59. The company’s 50 day simple moving average is $27.10 and its two-hundred day simple moving average is $29.55. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.82 and a quick ratio of 0.34. The company has a market cap of $6.80 billion, a P/E ratio of 11.80, a price-to-earnings-growth ratio of 8.92 and a beta of -0.03.

Campbell’s (NASDAQ:CPB) last posted its earnings results on Wednesday, March 11th. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.06). The company had revenue of $2.56 billion during the quarter. Campbell’s had a return on equity of 21.84% and a net margin of 5.69%.The company’s revenue for the quarter was down 4.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.74 earnings per share. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. As a group, sell-side analysts expect that Campbell’s will post 3.15 EPS for the current fiscal year.

Campbell’s Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, May 4th. Investors of record on Thursday, April 2nd will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date of this dividend is Thursday, April 2nd. Campbell’s’s dividend payout ratio (DPR) is currently 80.83%.

Insider Transactions at Campbell’s

In other Campbell’s news, EVP Charles A. Brawley III sold 11,550 shares of Campbell’s stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $28.14, for a total transaction of $325,017.00. Following the transaction, the executive vice president owned 43,777 shares of the company’s stock, valued at $1,231,884.78. The trade was a 20.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Anthony Sanzio sold 2,700 shares of the company’s stock in a transaction that occurred on Friday, January 9th. The stock was sold at an average price of $26.51, for a total transaction of $71,577.00. Following the completion of the transaction, the executive vice president owned 25,264 shares of the company’s stock, valued at approximately $669,748.64. The trade was a 9.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 19.78% of the company’s stock.

Key Headlines Impacting Campbell’s

Here are the key news stories impacting Campbell’s this week:

• Positive Sentiment: Core brands showing pockets of strength — management highlighted Meals & Beverages performance and said the Rao’s brand surpassed $1 billion in trailing 12‑month sales, a signal of stable premium demand in parts of the portfolio. Campbell’s press release
• Positive Sentiment: Management is focusing on supply‑chain and margin actions under new leadership that could support medium‑term profitability if executed successfully. Supply chain focus article
• Neutral Sentiment: Analyst views are mixed: some see value after the share decline, others remain cautious given macro pressure on consumer staples. Expect divergent analyst commentary to drive near‑term volatility. Analysts mixed article
• Neutral Sentiment: Valuation commentary is split between “opportunity” narratives after a steep one‑year slide and warnings around earnings risk; this will influence investor time horizon decisions. Valuation article
• Negative Sentiment: Q2 results missed expectations — EPS of $0.51 vs. $0.57 consensus and revenue down ~4.5% year‑over‑year to $2.56B — signaling weaker topline momentum. Zacks earnings miss
• Negative Sentiment: Company cut its full‑year sales and profit forecasts, citing consumers trading down amid macro uncertainty — a direct driver of the stock decline. Reuters guidance cut
• Negative Sentiment: Snack sales fell and management explicitly called out weakness in that segment, increasing near‑term execution and demand concerns. WSJ snack sales article
• Negative Sentiment: Macro weakness and the company’s shrinking market cap raise the prospect of index reweighting or S&P review, which could pressure liquidity and investor demand. Barron’s S&P 500 article

Institutional Trading of Campbell’s

Hedge funds have recently bought and sold shares of the stock. Ankerstar Wealth LLC bought a new stake in Campbell’s during the fourth quarter worth approximately $29,000. Los Angeles Capital Management LLC bought a new stake in shares of Campbell’s in the 4th quarter valued at approximately $29,000. IFP Advisors Inc purchased a new position in shares of Campbell’s in the 3rd quarter worth approximately $37,000. Geneos Wealth Management Inc. increased its position in shares of Campbell’s by 333.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $39,000 after purchasing an additional 750 shares during the last quarter. Finally, McMillan Office Inc. bought a new position in shares of Campbell’s during the 4th quarter valued at approximately $45,000. Hedge funds and other institutional investors own 52.35% of the company’s stock.

Campbell’s Company Profile

Campbell’s (NASDAQ: CPB) is a leading manufacturer of shelf-stable foods and beverages, best known for its iconic soups and broths. Headquartered in Camden, New Jersey, the company offers a diverse portfolio of products designed to meet consumer demand for convenient, affordable meals and snacks. Since its founding in 1869, Campbell’s has grown through a combination of organic innovation and strategic acquisitions to expand its presence in the food industry.

The company’s brand portfolio includes Campbell’s Condensed Soups, V8 juices, Prego pasta sauces, Swanson broths and stocks, Pace salsas and dips, and Pepperidge Farm baked snacks.