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 $76.00 (represents a -31.66% downside from CALM’s last price of $111.21) 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 $76.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $97.00 to $55.00. This represents a potential -31.66% downside from CALM's last price of $111.21.
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 |
|---|---|---|---|---|---|---|
| Jan 08, 2025 | Pooran Sharma | Stephens | $97.00 | $103.68 | -6.44% | -12.78% |
| Sep 17, 2024 | Adam Samuelson | Goldman Sachs | $55.00 | $72.61 | -24.25% | -50.54% |
| Mar 22, 2024 | Ben Bienvenu | Stephens | $65.00 | $61.17 | 6.26% | -41.55% |
| Sep 29, 2023 | Ben Bienvenu | Stephens | $47.00 | $49.02 | -4.11% | -57.74% |
| Dec 29, 2022 | Ben Bienvenu | Stephens | $67.00 | $53.05 | 26.31% | -39.75% |
The latest Cal-Maine Foods stock forecast, released on Jan 08, 2025 by Pooran Sharma from Stephens, set a price target of $97.00, which represents a -6.44% decrease from the stock price at the time of the forecast ($103.68), and a -12.78% decrease from CALM last price ($111.21).
Cal-Maine Foods Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 3 |
| Avg Price Target | $97.00 | $97.00 | $72.33 |
| Last Closing Price | $111.21 | $111.21 | $111.21 |
| Upside/Downside | -12.78% | -12.78% | -34.96% |
In the current month, the average price target of Cal-Maine Foods stock is $97.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -12.78% decrease as opposed to Cal-Maine Foods's last price of $111.21. This month's average price target is down 0.00% compared to last quarter, and up 34.11% 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 | Nov 25 | Aug 25 | May 25 | Mar 25 | Nov 24 | Aug 24 | May 24 | Mar 24 | Nov 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $658.34M | $592.96M | - | - | $331.70M | $349.80M | - | - | $292.78M | $453.33M | - | - | $241.17M | - | $383.99M |
| Avg Forecast | $539.55M | $659.25M | $630.93M | $558.13M | $684.30M | $953.76M | $751.50M | $704.65M | $652.32M | $692.35M | $525.39M | $479.52M | $612.94M | $888.21M | $507.14M | $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 | $567.92M | $693.90M | $664.10M | $587.47M | $720.27M | $1.00B | $778.90M | $741.70M | $686.62M | $692.35M | $526.09M | $504.73M | $645.17M | $934.90M | $608.57M | $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 | $511.19M | $624.59M | $597.76M | $528.78M | $648.33M | $903.62M | $724.09M | $667.61M | $618.03M | $692.35M | $524.70M | $454.31M | $580.72M | $841.52M | $405.71M | $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 | 14 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 5 | 5 | 9 | 4 | 4 | 4 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 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 Dec 22 based on 14 analysts is $507.14M, with a low forecast of $405.71M, and a high forecast of $608.57M. CALM's average Quarter revenue forecast represents a -22.97% decrease compared to the company's last Quarter revenue of $658.34M (Aug 22).
Cal-Maine Foods EBITDA Forecast
| May 26 | Mar 26 | Nov 25 | Aug 25 | May 25 | Mar 25 | Nov 24 | Aug 24 | May 24 | Mar 24 | Nov 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 | 14 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 5 | 5 | 9 | 4 | 4 | 4 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $181.23M | $186.57M | - | - | $-16.24M | $3.35M | - | - | $-9.86M | $93.58M | - | - | $-45.23M | - | $69.01M |
| Avg Forecast | $78.48M | $95.88M | $91.77M | $81.18M | $99.53M | $138.72M | $109.30M | $102.49M | $94.88M | $87.01M | $76.42M | $69.74M | $89.15M | $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 | $82.60M | $100.92M | $96.59M | $85.44M | $104.76M | $146.01M | $113.29M | $107.88M | $99.86M | $104.41M | $76.52M | $73.41M | $93.84M | $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 | $74.35M | $90.84M | $86.94M | $76.91M | $94.30M | $131.43M | $105.31M | $97.10M | $89.89M | $69.61M | $76.32M | $66.08M | $84.46M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.24% | 2.47% | - | - | -0.39% | 0.07% | - | - | -0.26% | 1.57% | - | - | -1.36% | - | 1.19% |
14 analysts predict CALM's average Quarter EBITDA for Dec 22 to be $40.22M, with a high of $48.27M and a low of $32.18M. This is -77.81% lower than Cal-Maine Foods's previous annual EBITDA (Aug 22) of $181.23M.
Cal-Maine Foods Net Income Forecast
| May 26 | Mar 26 | Nov 25 | Aug 25 | May 25 | Mar 25 | Nov 24 | Aug 24 | May 24 | Mar 24 | Nov 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 | 14 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 5 | 5 | 9 | 4 | 4 | 4 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $125.29M | $109.99M | - | - | $-18.03M | $-4.24M | - | - | $-19.40M | $60.46M | - | - | $-45.76M | - | $39.78M |
| Avg Forecast | $35.99M | $108.71M | $64.64M | $41.13M | $205.18M | $348.67M | $198.49M | $164.54M | $118.18M | $48.97M | $40.48M | $16.16M | $90.23M | $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 | $38.45M | $116.14M | $69.06M | $43.95M | $219.21M | $372.50M | $212.06M | $175.78M | $118.19M | $58.76M | $43.25M | $17.26M | $96.39M | $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 | $33.53M | $101.28M | $60.22M | $38.32M | $191.16M | $324.84M | $184.93M | $153.29M | $118.17M | $39.17M | $37.72M | $15.06M | $84.06M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 1.22% | - | - | 0.59% | -0.49% | - | - | 0.75% | 1.03% | - | - | 1.10% | - | 1.40% |
Cal-Maine Foods's average Quarter net income forecast for Dec 22 is $2.76M, with a range of $2.21M to $3.32M. CALM's average Quarter net income forecast represents a -97.79% decrease compared to the company's last Quarter net income of $125.29M (Aug 22).
Cal-Maine Foods SG&A Forecast
| May 26 | Mar 26 | Nov 25 | Aug 25 | May 25 | Mar 25 | Nov 24 | Aug 24 | May 24 | Mar 24 | Nov 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 | 14 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 5 | 5 | 9 | 4 | 4 | 4 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $53.61M | $51.64M | - | - | $46.52M | $48.45M | - | - | $43.97M | $45.80M | - | - | $42.48M | - | $45.01M |
| Avg Forecast | $59.78M | $73.04M | $69.90M | $61.83M | $75.81M | $105.67M | $83.26M | $78.07M | $72.27M | $65.29M | $58.21M | $53.13M | $67.91M | $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 | $62.92M | $76.88M | $73.57M | $65.08M | $79.80M | $111.22M | $86.29M | $82.17M | $76.07M | $78.34M | $58.28M | $55.92M | $71.48M | $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 | $56.63M | $69.20M | $66.23M | $58.58M | $71.83M | $100.11M | $80.22M | $73.96M | $68.47M | $52.23M | $58.13M | $50.33M | $64.34M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 0.80% | - | - | 1.31% | 1.11% | - | - | 1.38% | 0.90% | - | - | 1.49% | - | 1.43% |
Cal-Maine Foods's average Quarter SG&A projection for Dec 22 is $112.55M, based on 14 Wall Street analysts, with a range of $90.04M to $135.06M. The forecast indicates a 109.95% rise compared to CALM last annual SG&A of $53.61M (Aug 22).
Cal-Maine Foods EPS Forecast
| May 26 | Mar 26 | Nov 25 | Aug 25 | May 25 | Mar 25 | Nov 24 | Aug 24 | May 24 | Mar 24 | Nov 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 | 14 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 5 | 5 | 9 | 4 | 4 | 4 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.58 | $2.25 | - | - | $-0.37 | $-0.09 | - | - | $-0.40 | $1.25 | - | - | $-0.94 | - | $0.82 |
| Avg Forecast | $0.73 | $2.22 | $1.32 | $0.84 | $4.19 | $7.12 | $4.05 | $3.36 | $2.41 | $2.45 | $0.83 | $0.33 | $1.84 | $5.47 | $1.95 | $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 | $0.79 | $2.37 | $1.41 | $0.90 | $4.48 | $7.61 | $4.33 | $3.59 | $2.41 | $2.45 | $0.88 | $0.35 | $1.97 | $5.84 | $1.98 | $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 | $0.68 | $2.07 | $1.23 | $0.78 | $3.90 | $6.63 | $3.78 | $3.13 | $2.41 | $2.45 | $0.77 | $0.31 | $1.72 | $5.09 | $1.92 | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 1.22% | - | - | 0.60% | -0.49% | - | - | 0.75% | 1.04% | - | - | 1.11% | - | 1.64% |
According to 14 Wall Street analysts, Cal-Maine Foods's projected average Quarter EPS for Dec 22 is $1.95, with a low estimate of $1.92 and a high estimate of $1.98. This represents a -24.27% decrease compared to CALM previous annual EPS of $2.58 (Aug 22).
Cal-Maine Foods Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ADM | Archer-Daniels-Midland | $50.59 | $70.60 | 39.55% | Hold |
| AGRO | Adecoagro | $9.42 | $12.25 | 30.04% | Buy |
| DOLE | Dole | $13.59 | $16.67 | 22.66% | Buy |
| BG | Bunge | $77.23 | $90.00 | 16.54% | Buy |
| TSN | Tyson Foods | $56.48 | $64.20 | 13.67% | Hold |
| LMNR | Limoneira | $23.20 | $21.00 | -9.48% | Buy |
| CALM | Cal-Maine Foods | $111.21 | $76.00 | -31.66% | Buy |