Cal-Maine Foods (CALM) Stock Forecast, Price Target & Predictions
CALM Stock Forecast
Cal-Maine Foods stock forecast is as follows: an average price target of $60.00 (represents a -31.28% downside from CALM’s last price of $87.31) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
CALM Price Target
The average price target for Cal-Maine Foods (CALM) is $60.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $65.00 to $55.00. This represents a potential -31.28% downside from CALM's last price of $87.31.
CALM Analyst Ratings
According to 3 Wall Street analysts, Cal-Maine Foods's rating consensus is 'Buy'. The analyst rating breakdown for CALM stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 1 'Hold' (33.33%), 1 'Sell' (33.33%), and 0 'Strong Sell' (0.00%).
Cal-Maine Foods Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 17, 2024 | Adam Samuelson | Goldman Sachs | $55.00 | $72.61 | -24.25% | -37.01% |
| Mar 22, 2024 | Ben Bienvenu | Stephens | $65.00 | $61.17 | 6.26% | -25.55% |
| Sep 29, 2023 | Ben Bienvenu | Stephens | $47.00 | $49.02 | -4.11% | -46.17% |
| Dec 29, 2022 | Ben Bienvenu | Stephens | $67.00 | $53.05 | 26.31% | -23.26% |
The latest Cal-Maine Foods stock forecast, released on Sep 17, 2024 by Adam Samuelson from Goldman Sachs, set a price target of $55.00, which represents a -24.25% decrease from the stock price at the time of the forecast ($72.61), and a -37.01% decrease from CALM last price ($87.31).
Cal-Maine Foods Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $55.00 | $60.00 |
| Last Closing Price | $87.31 | $87.31 | $87.31 |
| Upside/Downside | -100.00% | -37.01% | -31.28% |
In the current month, the average price target of Cal-Maine Foods stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Cal-Maine Foods's last price of $87.31. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 17, 2024 | Goldman Sachs | Sell | Sell | Hold |
| Oct 03, 2023 | Stephens | Equal-Weight | Equal-Weight | Hold |
| Oct 03, 2023 | Goldman Sachs | Sell | Sell | Hold |
| Sep 29, 2023 | Morgan Stanley | Overweight | Overweight | Hold |
| Jul 07, 2023 | Goldman Sachs | Sell | Sell | Hold |
| Dec 29, 2022 | Stephens | Overweight | Overweight | Hold |
Cal-Maine Foods's last stock rating was published by Goldman Sachs on Sep 17, 2024. The company gave CALM a "Sell" rating, the same as its previous rate.
Cal-Maine Foods Financial Forecast
Cal-Maine Foods Revenue Forecast
| May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | May 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | $523.23M | - | - | - | - | $658.34M | $592.96M | - | - | $331.70M | $349.80M | - | - | $292.78M | $453.33M | - | - | $241.17M | - | $383.99M |
| Avg Forecast | $491.29M | $555.32M | $521.29M | $552.83M | $508.81M | $567.00M | $709.54M | $704.65M | $652.32M | $692.35M | $525.39M | $479.52M | $612.94M | $888.21M | $797.80M | $617.40M | $576.06M | $468.84M | $387.77M | $318.40M | $391.22M | $368.66M | $333.49M | $284.08M | $454.25M | $338.08M | $324.07M | $254.52M | $290.88M | $383.57M |
| High Forecast | $499.51M | $564.61M | $530.02M | $562.08M | $517.33M | $573.81M | $724.10M | $716.45M | $663.24M | $692.35M | $526.09M | $487.54M | $623.20M | $903.07M | $811.15M | $627.73M | $585.70M | $476.69M | $394.26M | $323.73M | $397.77M | $374.83M | $339.07M | $288.84M | $461.85M | $343.74M | $329.49M | $258.78M | $295.75M | $389.99M |
| Low Forecast | $483.08M | $546.04M | $512.58M | $543.59M | $500.31M | $560.19M | $695.00M | $692.87M | $641.42M | $692.35M | $524.70M | $471.50M | $602.70M | $873.36M | $784.47M | $607.08M | $566.43M | $461.00M | $381.29M | $313.08M | $384.68M | $362.50M | $327.92M | $279.33M | $446.65M | $332.43M | $318.65M | $250.26M | $286.02M | $377.16M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 5 | 5 | 9 | 4 | 4 | 4 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.00% | - | - | - | - | 1.07% | 1.03% | - | - | 1.04% | 0.89% | - | - | 1.03% | 1.00% | - | - | 0.95% | - | 1.00% |
Cal-Maine Foods's average Quarter revenue forecast for Mar 24 based on 1 analysts is $692.35M, with a low forecast of $692.35M, and a high forecast of $692.35M. CALM's average Quarter revenue forecast represents a 32.32% increase compared to the company's last Quarter revenue of $523.23M (Dec 23).
Cal-Maine Foods EBITDA Forecast
| May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | May 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 5 | 5 | 9 | 4 | 4 | 4 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | $74.22M | - | - | - | - | $181.23M | $186.57M | - | - | $-16.24M | $3.35M | - | - | $-9.86M | $93.58M | - | - | $-45.23M | - | $69.01M |
| Avg Forecast | $64.33M | $72.71M | $68.26M | $72.38M | $66.62M | $74.24M | $92.90M | $92.26M | $85.41M | $87.01M | $68.79M | $62.79M | $80.26M | $79.10M | $40.22M | $80.84M | $75.43M | $71.91M | $50.77M | $41.69M | $51.22M | $36.34M | $43.67M | $37.20M | $59.48M | $16.31M | $42.43M | $33.33M | $38.09M | $58.19M |
| High Forecast | $65.40M | $73.93M | $69.40M | $73.60M | $67.74M | $75.13M | $94.81M | $93.81M | $86.84M | $104.41M | $68.88M | $63.84M | $81.60M | $94.92M | $48.27M | $82.19M | $76.69M | $86.29M | $51.62M | $42.39M | $52.08M | $43.61M | $44.40M | $37.82M | $60.47M | $19.58M | $43.14M | $33.88M | $38.72M | $69.82M |
| Low Forecast | $63.25M | $71.50M | $67.11M | $71.17M | $65.51M | $73.35M | $91.00M | $90.72M | $83.98M | $69.61M | $68.70M | $61.74M | $78.91M | $63.28M | $32.18M | $79.49M | $74.17M | $57.53M | $49.92M | $40.99M | $50.37M | $29.07M | $42.94M | $36.57M | $58.48M | $13.05M | $41.72M | $32.77M | $37.45M | $46.55M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.08% | - | - | - | - | 2.24% | 2.47% | - | - | -0.39% | 0.07% | - | - | -0.26% | 1.57% | - | - | -1.36% | - | 1.19% |
1 analysts predict CALM's average Quarter EBITDA for Mar 24 to be $87.01M, with a high of $104.41M and a low of $69.61M. This is 17.23% upper than Cal-Maine Foods's previous annual EBITDA (Dec 23) of $74.22M.
Cal-Maine Foods Net Income Forecast
| May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | May 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 5 | 5 | 9 | 4 | 4 | 4 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | $17.01M | - | - | - | - | $125.29M | $109.99M | - | - | $-18.03M | $-4.24M | - | - | $-19.40M | $60.46M | - | - | $-45.76M | - | $39.78M |
| Avg Forecast | $19.08M | $60.43M | $42.82M | $35.23M | $32.30M | $75.52M | $144.68M | $164.41M | $118.09M | $48.97M | $40.45M | $16.15M | $90.16M | $44.52M | $2.76M | $133.10M | $90.16M | $40.47M | $14.43M | $-30.34M | $8.69M | $18.29M | $-3.79M | $-25.93M | $58.72M | $6.72M | $1.59M | $-41.43M | $-16.39M | $28.36M |
| High Forecast | $19.50M | $61.75M | $43.75M | $36.00M | $33.00M | $77.05M | $150.88M | $167.99M | $118.10M | $58.76M | $41.33M | $16.50M | $92.12M | $53.42M | $3.32M | $135.99M | $92.12M | $48.56M | $14.75M | $-29.68M | $8.87M | $21.95M | $-3.71M | $-25.37M | $60.00M | $8.07M | $1.62M | $-40.53M | $-16.04M | $34.04M |
| Low Forecast | $18.67M | $59.12M | $41.88M | $34.47M | $31.59M | $73.99M | $138.47M | $160.84M | $118.08M | $39.17M | $39.57M | $15.80M | $88.20M | $35.61M | $2.21M | $130.20M | $88.20M | $32.38M | $14.12M | $-31.00M | $8.50M | $14.63M | $-3.87M | $-26.50M | $57.44M | $5.38M | $1.56M | $-42.33M | $-16.75M | $22.69M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.42% | - | - | - | - | 0.94% | 1.22% | - | - | 0.59% | -0.49% | - | - | 0.75% | 1.03% | - | - | 1.10% | - | 1.40% |
Cal-Maine Foods's average Quarter net income forecast for Mar 24 is $48.97M, with a range of $39.17M to $58.76M. CALM's average Quarter net income forecast represents a 187.89% increase compared to the company's last Quarter net income of $17.01M (Dec 23).
Cal-Maine Foods SG&A Forecast
| May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | May 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 5 | 5 | 9 | 4 | 4 | 4 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | $56.93M | - | - | - | - | $53.61M | $51.64M | - | - | $46.52M | $48.45M | - | - | $43.97M | $45.80M | - | - | $42.48M | - | $45.01M |
| Avg Forecast | $54.98M | $62.15M | $58.34M | $61.87M | $56.95M | $63.46M | $79.41M | $78.86M | $73.01M | $65.29M | $58.80M | $53.67M | $68.60M | $59.35M | $112.55M | $69.10M | $64.47M | $53.96M | $43.40M | $35.64M | $43.79M | $64.34M | $37.32M | $31.79M | $50.84M | $21.62M | $36.27M | $28.49M | $32.56M | $31.55M |
| High Forecast | $55.90M | $63.19M | $59.32M | $62.91M | $57.90M | $64.22M | $81.04M | $80.18M | $74.23M | $78.34M | $58.88M | $54.57M | $69.75M | $71.22M | $135.06M | $70.26M | $65.55M | $64.75M | $44.12M | $36.23M | $44.52M | $77.20M | $37.95M | $32.33M | $51.69M | $25.95M | $36.88M | $28.96M | $33.10M | $37.86M |
| Low Forecast | $54.07M | $61.11M | $57.37M | $60.84M | $55.99M | $62.70M | $77.78M | $77.55M | $71.79M | $52.23M | $58.72M | $52.77M | $67.45M | $47.48M | $90.04M | $67.94M | $63.39M | $43.16M | $42.67M | $35.04M | $43.05M | $51.47M | $36.70M | $31.26M | $49.99M | $17.30M | $35.66M | $28.01M | $32.01M | $25.24M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.97% | - | - | - | - | 0.78% | 0.80% | - | - | 1.31% | 1.11% | - | - | 1.38% | 0.90% | - | - | 1.49% | - | 1.43% |
Cal-Maine Foods's average Quarter SG&A projection for Mar 24 is $65.29M, based on 1 Wall Street analysts, with a range of $52.23M to $78.34M. The forecast indicates a 14.68% rise compared to CALM last annual SG&A of $56.93M (Dec 23).
Cal-Maine Foods EPS Forecast
| May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | May 19 | Mar 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 5 | 5 | 9 | 4 | 4 | 4 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | $0.35 | - | - | - | - | $2.58 | $2.25 | - | - | $-0.37 | $-0.09 | - | - | $-0.40 | $1.25 | - | - | $-0.94 | - | $0.82 |
| Avg Forecast | $0.39 | $1.24 | $0.88 | $0.72 | $0.66 | $1.54 | $2.96 | $3.36 | $2.41 | $2.45 | $0.83 | $0.33 | $1.84 | $5.47 | $4.24 | $2.72 | $1.84 | $0.83 | $0.29 | $-0.62 | $0.18 | $0.07 | $-0.08 | $-0.53 | $1.20 | $0.19 | $0.03 | $-0.85 | $-0.34 | $0.50 |
| High Forecast | $0.40 | $1.26 | $0.89 | $0.74 | $0.67 | $1.57 | $3.08 | $3.43 | $2.41 | $2.45 | $0.84 | $0.34 | $1.88 | $5.59 | $4.33 | $2.78 | $1.88 | $0.85 | $0.30 | $-0.61 | $0.18 | $0.08 | $-0.08 | $-0.52 | $1.23 | $0.19 | $0.03 | $-0.83 | $-0.33 | $0.51 |
| Low Forecast | $0.38 | $1.21 | $0.86 | $0.70 | $0.65 | $1.51 | $2.83 | $3.29 | $2.41 | $2.45 | $0.81 | $0.32 | $1.80 | $5.35 | $4.15 | $2.66 | $1.80 | $0.81 | $0.29 | $-0.63 | $0.17 | $0.07 | $-0.08 | $-0.54 | $1.17 | $0.18 | $0.03 | $-0.87 | $-0.34 | $0.49 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.42% | - | - | - | - | 0.95% | 1.22% | - | - | 0.60% | -0.49% | - | - | 0.75% | 1.04% | - | - | 1.11% | - | 1.64% |
According to 1 Wall Street analysts, Cal-Maine Foods's projected average Quarter EPS for Mar 24 is $2.45, with a low estimate of $2.45 and a high estimate of $2.45. This represents a 600.95% increase compared to CALM previous annual EPS of $0.35 (Dec 23).
Cal-Maine Foods Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| BG | Bunge | $84.00 | $123.63 | 47.18% | Buy |
| ADM | Archer-Daniels-Midland Company | $55.30 | $70.60 | 27.67% | Hold |
| AGRO | Adecoagro | $11.46 | $12.50 | 9.08% | Buy |
| DOLE | Dole | $16.22 | $16.67 | 2.77% | Buy |
| TSN | Tyson Foods | $58.32 | $54.46 | -6.62% | Hold |
| LMNR | Limoneira Company | $25.75 | $21.00 | -18.45% | Buy |
| CALM | Cal-Maine Foods | $87.31 | $60.00 | -31.28% | Buy |
CALM Forecast FAQ
Is Cal-Maine Foods a good buy?
Yes, according to 3 Wall Street analysts, Cal-Maine Foods (CALM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of CALM's total ratings.
What is CALM's price target?
Cal-Maine Foods (CALM) average price target is $60 with a range of $55 to $65, implying a -31.28% from its last price of $87.31. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Cal-Maine Foods stock go up soon?
According to Wall Street analysts' prediction for CALM stock, the company can go down by -31.28% (from the last price of $87.31 to the average price target of $60), down by -25.55% based on the highest stock price target, and down by -37.01% based on the lowest stock price target.
Can Cal-Maine Foods stock reach $130?
CALM's average twelve months analyst stock price target of $60 does not support the claim that Cal-Maine Foods can reach $130 in the near future.
What are Cal-Maine Foods's analysts' financial forecasts?
Cal-Maine Foods's analysts financial forecasts for the fiscal year (May 2025) are as follows: average revenue is $2.49B (high $2.53B, low $2.45B), average EBITDA is $326.03M (high $331.48M, low $320.58M), average net income is $416.9M (high $428.92M, low $404.89M), average SG&A $278.68M (high $283.34M, low $274.02M), and average EPS is $8.52 (high $8.77, low $8.27). CALM's analysts financial forecasts for the fiscal year (May 2026) are as follows: average revenue is $2.12B (high $2.16B, low $2.09B), average EBITDA is $277.68M (high $282.32M, low $273.04M), average net income is $157.56M (high $160.99M, low $154.14M), average SG&A $237.35M (high $241.32M, low $233.38M), and average EPS is $3.22 (high $3.29, low $3.15).
Did the CALM's actual financial results beat the analysts' financial forecasts?
Based on Cal-Maine Foods's last annual report (May 2022), the company's revenue was $1.78B, beating the average analysts forecast of $1.75B by 1.49%. Apple's EBITDA was $219.57M, missing the average prediction of $239.8M by -8.43%. The company's net income was $132.65M, beating the average estimation of $114.72M by 15.63%. Apple's SG&A was $198.63M, beating the average forecast of $197.46M by 0.59%. Lastly, the company's EPS was $2.73, beating the average prediction of $2.35 by 16.29%. In terms of the last quarterly report (Dec 2023), Cal-Maine Foods's revenue was $523.23M, missing the average analysts' forecast of $525.39M by -0.41%. The company's EBITDA was $74.22M, beating the average prediction of $68.79M by 7.89%. Cal-Maine Foods's net income was $17.01M, missing the average estimation of $40.45M by -57.95%. The company's SG&A was $56.93M, missing the average forecast of $58.8M by -3.18%. Lastly, the company's EPS was $0.35, missing the average prediction of $0.827 by -57.66%