Conagra Brands (CAG) Stock Forecast, Price Target & Predictions


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CAG Stock Forecast


Conagra Brands (CAG) stock forecast, based on 20 Wall Street analysts, predicts a 12-month average price target of $35.25, with a high of $45.00 and a low of $29.00. This represents a 41.57% increase from the last price of $24.90.

$20 $25 $30 $35 $40 $45 High: $45 Avg: $35.25 Low: $29 Last Closed Price: $24.9

CAG Stock Rating


Conagra Brands stock's rating consensus is Hold, based on 20 Wall Street analysts. The breakdown includes 1 Strong Buy (5.00%), 6 Buy (30.00%), 13 Hold (65.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 20 0 13 6 1 Strong Sell Sell Hold Buy Strong Buy

CAG Price Target Upside V Benchmarks


TypeNameUpside
StockConagra Brands41.57%
SectorConsumer Defensive Stocks 9.41%
IndustryPackaged Foods Stocks23.42%

Price Target Trends


1M3M12M
# Anlaysts--4
Avg Price Target--$32.25
Last Closing Price$24.90$24.90$24.90
Upside/Downside--29.52%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 252-17--19
Mar, 253-15--18
Feb, 254-14--18
Jan, 254-14--18
Dec, 244-14--18
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 24, 2024Rob DickersonJefferies$30.00$32.31-7.15%20.48%
Sep 24, 2024Thomas PalmerCoker Palmer$33.00$32.312.14%32.53%
Aug 12, 2024Leah JordanGoldman Sachs$36.00$29.8220.72%44.58%
Jul 12, 2024Matthew SmithStifel Nicolaus$30.00$28.385.71%20.48%
Apr 08, 2024Andrew LazarBarclays$34.00$31.099.36%36.55%
Apr 05, 2024Chris CareyWells Fargo$32.00$30.644.44%28.51%
Apr 05, 2024Matthew SmithStifel Nicolaus$32.00$30.644.44%28.51%
Apr 05, 2024Thomas PalmerCoker Palmer$32.00$30.644.44%28.51%
Apr 05, 2024Pamela KaufmanMorgan Stanley$32.00$30.644.44%28.51%
Apr 04, 2024Arun SundaramCFRA$34.00$30.6410.97%36.55%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Oct 17, 2024Wells FargoEqual-WeightEqual-Weighthold
Oct 16, 2024Evercore ISINeutralNeutralhold
Oct 03, 2024Cowen & Co.HoldHoldhold
Oct 03, 2024Cowen & Co.BuyBuyhold
Sep 24, 2024JefferiesHoldHoldhold
Sep 24, 2024CitigroupNeutralNeutralhold
Aug 12, 2024Goldman SachsBuyinitialise
Aug 08, 2024Wells FargoEqual-WeightEqual-Weighthold
Jul 12, 2024Evercore ISINeutralNeutralhold
Jun 28, 2024CitigroupNeutralNeutralhold

Financial Forecast


EPS Forecast

May 20 May 21 May 22 May 23 May 24 May 25 May 26 May 27 May 28 May 29
May 20May 21May 22May 23May 24May 25May 26May 27May 28May 29
Reported$1.72$2.67$1.85$1.43------
Avg Forecast$2.19$2.63$2.35$2.74$2.63$2.46$2.58$2.68$2.83$2.87
High Forecast$2.22$2.67$2.38$2.77$2.64$2.48$2.67$2.78$2.86$2.91
Low Forecast$2.16$2.60$2.32$2.70$2.59$2.45$2.50$2.54$2.79$2.83
Surprise %-21.46%1.52%-21.28%-47.81%------

Revenue Forecast

$11B $11B $12B $12B $13B $13B May 20 May 21 May 22 May 23 May 24 May 25 May 26 May 27 May 28 May 29
May 20May 21May 22May 23May 24May 25May 26May 27May 28May 29
Reported$11.05B$11.18B$11.54B$12.28B$12.05B-----
Avg Forecast$10.93B$11.14B$11.55B$12.31B$12.08B$11.88B$12.05B$12.09B$12.33B$12.58B
High Forecast$11.05B$11.27B$11.68B$12.38B$12.11B$11.91B$12.23B$12.09B$12.46B$12.71B
Low Forecast$10.82B$11.03B$11.43B$12.24B$12.07B$11.85B$11.88B$12.09B$12.21B$12.45B
Surprise %1.14%0.38%-0.12%-0.26%-0.21%-----

Net Income Forecast

$0 $300M $600M $900M $1B $2B May 20 May 21 May 22 May 23 May 24 May 25 May 26 May 27 May 28 May 29
May 20May 21May 22May 23May 24May 25May 26May 27May 28May 29
Reported$840.10M$1.30B$888.20M$683.60M$347.70M-----
Avg Forecast$763.10M$983.70M$1.10B$1.31B$492.60M$1.18B$1.24B$1.23B$1.36B$1.38B
High Forecast$915.72M$1.18B$1.32B$1.33B$591.12M$1.19B$1.28B$1.33B$1.37B$1.40B
Low Forecast$610.48M$786.96M$882.01M$1.30B$394.08M$1.17B$1.20B$1.22B$1.34B$1.36B
Surprise %10.09%32.03%-19.44%-47.97%-29.42%-----

CAG Forecast FAQ


Is Conagra Brands stock a buy?

Conagra Brands stock has a consensus rating of Hold, based on 20 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 6 Buy, 13 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Conagra Brands is a neutral investment for most analysts.

What is Conagra Brands's price target?

Conagra Brands's price target, set by 20 Wall Street analysts, averages $35.25 over the next 12 months. The price target range spans from $29 at the low end to $45 at the high end, suggesting a potential 41.57% change from the previous closing price of $24.9.

How does Conagra Brands stock forecast compare to its benchmarks?

Conagra Brands's stock forecast shows a 41.57% upside, outperforming the average forecast for the consumer defensive stocks sector (9.41%) and outperforming the packaged foods stocks industry (23.42%).

What is the breakdown of analyst ratings for Conagra Brands over the past three months?

  • April 2025: 10.53% Strong Buy, 0% Buy, 89.47% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 16.67% Strong Buy, 0% Buy, 83.33% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 22.22% Strong Buy, 0% Buy, 77.78% Hold, 0% Sell, 0% Strong Sell.

What is Conagra Brands’s EPS forecast?

Conagra Brands's average annual EPS forecast for its fiscal year ending in May 2025 is $2.46, marking a 0% decrease from the reported $0 in 2024. Estimates for the following years are $2.58 in 2026, $2.68 in 2027, $2.83 in 2028, and $2.87 in 2029.

What is Conagra Brands’s revenue forecast?

Conagra Brands's average annual revenue forecast for its fiscal year ending in May 2025 is $11.88B, reflecting a -1.38% decrease from the reported $12.05B in 2024. The forecast for 2026 is $12.05B, followed by $12.09B for 2027, $12.33B for 2028, and $12.58B for 2029.

What is Conagra Brands’s net income forecast?

Conagra Brands's net income forecast for the fiscal year ending in May 2025 stands at $1.18B, representing an 239.81% increase from the reported $347.7M in 2024. Projections indicate $1.24B in 2026, $1.23B in 2027, $1.36B in 2028, and $1.38B in 2029.