Contrasting Conagra Brands (NYSE:CAG) and Once Upon A Farm (NYSE:OFRM)

Once Upon A Farm (NYSE:OFRM) and Conagra Brands (NYSE:CAG) are both consumer staples companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, valuation, profitability, institutional ownership, analyst recommendations, dividends and risk.

Valuation and Earnings

This table compares Once Upon A Farm and Conagra Brands”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Once Upon A Farm	$240.68 million	3.03	-$17.25 million	($0.36)	-48.32
Conagra Brands	$11.28 billion	0.61	-$1.92 billion	($3.98)	-3.64

Once Upon A Farm has higher earnings, but lower revenue than Conagra Brands. Once Upon A Farm is trading at a lower price-to-earnings ratio than Conagra Brands, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Once Upon A Farm and Conagra Brands’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Once Upon A Farm	N/A	N/A	N/A
Conagra Brands	-16.95%	11.46%	4.51%

Analyst Recommendations

This is a summary of current ratings for Once Upon A Farm and Conagra Brands, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Once Upon A Farm	1	5	6	0	2.42
Conagra Brands	5	12	1	0	1.78

Once Upon A Farm currently has a consensus target price of $25.72, indicating a potential upside of 47.88%. Conagra Brands has a consensus target price of $14.07, indicating a potential downside of 2.84%. Given Once Upon A Farm’s stronger consensus rating and higher possible upside, equities research analysts plainly believe Once Upon A Farm is more favorable than Conagra Brands.

Insider & Institutional Ownership

83.8% of Conagra Brands shares are owned by institutional investors. 0.3% of Conagra Brands shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Summary

Once Upon A Farm beats Conagra Brands on 7 of the 13 factors compared between the two stocks.

About Once Upon A Farm

At Once Upon a Farm, we are driving systemic change in childhood nutrition with real, organic, farm-fresh food–made with no added sugar, no preservatives, and nothing artificial. From baby’s first bites to kid’s school-ready snacks, we are a rapidly growing leader in modern childhood nutrition that provides innovative, nutrient-packed, delicious food to on-the-go parents for their babies and kids. We revolutionized the childhood nutrition category with what we believe is the first-ever cold-pressed Pouch, setting a new standard for nutrition that parents love and kids crave. From one mother’s kitchen and farmers markets to a beloved household brand, we are the #1 growth brand in the category(1), elevating parents’ expectations for the food their children consume and eliminating the need to compromise taste and quality for convenience. Our mission and commitment to our consumers guide every decision we make and are at the heart of our identity and journey ahead. We are a public benefit corporation, which requires us to uphold high social and environmental standards and provide transparency for all of our stockholders. Additionally, we believe we are the first baby through kid parent-ally brand with a deep commitment to superior, fresh products with high nutritional standards and incredible taste. Our thoughtful recipes are crafted with high-quality organic ingredients, from cold-pressed Pouches and freshly Frozen Meals, to Refrigerated Oat Bars and Dry Baby Snacks, earning us the trust of parents, and fostering a loyal, passionate, and fast-growing consumer base that accounted for approximately $79 billion in retail sales in the 52 weeks ended September 7, 2025(2). Our success in developing nutritious food that kids love, and parents feel good providing, has resulted in a remarkable growth trajectory. We have surpassed $318 million of in-store retail sales, according to management estimates, and are the #1 brand driving dollar growth in the categories we play in for the 52 weeks ended September 7, 2025. Our products are available in the aisles where parents frequently shop and are sold in more than 25,000(3) doors nationwide across U.S. Multi-Outlet (“MULO”) and the Natural Expanded channel. We have strong relationships with well-known retailers, both in brick-and-mortar stores and e-commerce. We believe we are distinct and attractive to our retail customers as we sell in both the fresh perimeter and center of store allowing for an “all aisle” presence for our consumers that is available on-premise and online. Our playbook is effective as we unlock incremental traffic and growth in the aisles our products are presented in, and our velocities have remained best-in-class as our distribution has expanded. Retailers value this given that we help attract larger basket shoppers and generate better margin outcomes. For example, in baby food we are the #1 growth brand and more than 60% incremental to the category, with upwards of 35% new purchasing as of July 13, 2024, according to management estimates. We believe our brand is enhancing childhood nutrition options and categories as we provide modern, better-for-you products that yield satisfaction and smiles. We were incorporated in Delaware in February 2014. In March 2021, we became a Delaware public benefit corporation. Our principal executive offices are located in Berkeley, CA.

About Conagra Brands

Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels. The Refrigerated & Frozen segment provides temperature-controlled food products through various retail channels. The International segment offers food products in various temperature states through retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for restaurants and other foodservice establishments. The company sells its products under the Birds Eye, Marie Callender's, Duncan Hines, Healthy Choice, Slim Jim, Reddi-wip, Angie's, BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, and Frontera brands. The company was incorporated in 1919 and is headquartered in Chicago, Illinois.