Campbell Soup Company (CPB) Stock Forecast, Price Target & Predictions
CPB Stock Forecast
Campbell Soup Company stock forecast is as follows: an average price target of $49.68 (represents a 14.13% upside from CPB’s last price of $43.53) and a rating consensus of 'Hold', based on 14 wall street analysts offering a 1-year stock forecast.
CPB Price Target
The average price target for Campbell Soup Company (CPB) is $49.68 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $59.00 to $42.00. This represents a potential 14.13% upside from CPB's last price of $43.53.
CPB Analyst Ratings
According to 14 Wall Street analysts, Campbell Soup Company's rating consensus is 'Hold'. The analyst rating breakdown for CPB stock is 0 'Strong Buy' (0.00%), 2 'Buy' (14.29%), 9 'Hold' (64.29%), 3 'Sell' (21.43%), and 0 'Strong Sell' (0.00%).
Campbell Soup Company Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 18, 2024 | Thomas Palmer | Coker Palmer | $44.00 | $49.13 | -10.44% | 1.08% |
| Oct 07, 2024 | Alexia Howard | Bernstein | $58.00 | $47.35 | 22.49% | 33.24% |
| Sep 20, 2024 | Taylor Conrad | Argus Research | $59.00 | $51.42 | 14.75% | 35.54% |
| Sep 13, 2024 | Nik Modi | RBC Capital | $51.00 | $49.78 | 2.45% | 17.16% |
| Sep 11, 2024 | Matthew Smith | Stifel Nicolaus | $50.00 | $50.11 | -0.22% | 14.86% |
| Sep 11, 2024 | John Baumgartner | Wells Fargo | $51.00 | $50.09 | 1.82% | 17.16% |
| Aug 30, 2024 | Chris Carey | Wells Fargo | $49.00 | $49.25 | -0.51% | 12.57% |
| Jun 26, 2024 | Ken Goldman | Goldman Sachs | $52.00 | $45.63 | 13.96% | 19.46% |
| Jun 07, 2024 | John Baumgartner | Wells Fargo | $47.00 | $43.53 | 7.97% | 7.97% |
| May 30, 2024 | Nik Modi | RBC Capital | $47.00 | $43.42 | 8.25% | 7.97% |
The latest Campbell Soup Company stock forecast, released on Nov 18, 2024 by Thomas Palmer from Coker Palmer, set a price target of $44.00, which represents a -10.44% decrease from the stock price at the time of the forecast ($49.13), and a 1.08% increase from CPB last price ($43.53).
Campbell Soup Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 7 | 16 |
| Avg Price Target | $44.00 | $51.71 | $49.06 |
| Last Closing Price | $43.53 | $43.53 | $43.53 |
| Upside/Downside | 1.08% | 18.79% | 12.70% |
In the current month, the average price target of Campbell Soup Company stock is $44.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 1.08% increase as opposed to Campbell Soup Company's last price of $43.53. This month's average price target is down -14.91% compared to last quarter, and down -10.31% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 07, 2024 | Bernstein | Market Perform | Outperform | Upgrade |
| Oct 01, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Sep 12, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Sep 11, 2024 | Barclays | Underweight | Underweight | Hold |
| Aug 30, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Aug 27, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Aug 21, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Jun 07, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jun 05, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jun 05, 2024 | Evercore ISI | Buy | Buy | Hold |
Campbell Soup Company's last stock rating was published by Bernstein on Oct 07, 2024. The company Upgrade its CPB rating from "Market Perform" to "Outperform".
Campbell Soup Company Financial Forecast
Campbell Soup Company Revenue Forecast
| Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | $2.46B | $2.52B | $2.07B | $2.23B | $2.48B | $2.58B | $1.99B | - | $2.21B | $2.24B | - | - | $2.28B | - | - | $2.24B | $2.16B | $2.18B | $1.78B | $2.18B |
| Avg Forecast | $2.38B | $2.58B | $2.81B | $2.87B | $2.38B | $2.53B | $2.77B | $2.82B | $2.32B | $2.35B | $2.44B | $2.52B | $2.06B | $2.23B | $2.44B | $2.45B | $1.99B | $2.04B | $2.24B | $2.28B | $1.81B | $2.00B | $2.30B | $2.32B | $2.07B | $2.21B | $2.15B | $2.19B | $1.98B | $2.37B |
| High Forecast | $2.42B | $2.62B | $2.85B | $2.91B | $2.42B | $2.56B | $2.81B | $2.83B | $2.32B | $2.35B | $2.44B | $2.54B | $2.09B | $2.27B | $2.48B | $2.49B | $2.02B | $2.07B | $2.28B | $2.31B | $1.84B | $2.03B | $2.34B | $2.36B | $2.10B | $2.24B | $2.19B | $2.23B | $2.01B | $2.40B |
| Low Forecast | $2.35B | $2.54B | $2.76B | $2.82B | $2.34B | $2.48B | $2.73B | $2.80B | $2.32B | $2.34B | $2.43B | $2.50B | $2.02B | $2.20B | $2.40B | $2.41B | $1.95B | $2.01B | $2.20B | $2.24B | $1.78B | $1.96B | $2.26B | $2.28B | $2.03B | $2.17B | $2.12B | $2.15B | $1.94B | $2.32B |
| # Analysts | 8 | 5 | 4 | 3 | 6 | 3 | 9 | 10 | 7 | 7 | 4 | 9 | 5 | 4 | 8 | 6 | 3 | 3 | 6 | 6 | 4 | 4 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.00% | 1.01% | 1.00% | 1.02% | 1.05% | 1.00% | - | 0.99% | 0.98% | - | - | 0.99% | - | - | 1.01% | 1.00% | 1.00% | 0.90% | 0.92% |
Campbell Soup Company's average Quarter revenue forecast for Apr 24 based on 7 analysts is $2.35B, with a low forecast of $2.34B, and a high forecast of $2.35B. CPB's average Quarter revenue forecast represents a -4.42% decrease compared to the company's last Quarter revenue of $2.46B (Jan 24).
Campbell Soup Company EBITDA Forecast
| Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 5 | 4 | 3 | 6 | 3 | 9 | 10 | 7 | 7 | 4 | 9 | 5 | 4 | 8 | 6 | 3 | 3 | 6 | 6 | 4 | 4 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | $317.00M | $358.00M | $368.00M | $397.00M | $368.00M | $528.00M | $211.00M | - | $304.00M | $459.00M | - | - | $470.00M | - | - | $397.00M | $441.00M | $469.00M | $93.00M | $368.00M |
| Avg Forecast | $439.32M | $475.37M | $516.88M | $527.87M | $439.02M | $465.27M | $510.18M | $519.81M | $426.69M | $335.17M | $448.97M | $463.94M | $378.76M | $304.70M | $455.03M | $452.62M | $366.76M | $277.00M | $413.54M | $419.96M | $333.70M | $480.00M | $424.67M | $428.10M | $382.07M | $1.34B | $397.41M | $404.34M | $364.95M | $189.90M |
| High Forecast | $445.99M | $482.59M | $524.74M | $535.90M | $445.69M | $472.34M | $517.63M | $521.67M | $426.79M | $402.20M | $449.34M | $467.65M | $384.52M | $365.64M | $546.04M | $459.82M | $372.60M | $332.40M | $420.13M | $426.65M | $339.02M | $576.00M | $431.44M | $434.92M | $388.16M | $1.60B | $403.74M | $410.78M | $370.76M | $227.88M |
| Low Forecast | $432.27M | $467.75M | $508.60M | $519.41M | $431.98M | $457.81M | $502.73M | $516.08M | $426.58M | $268.14M | $448.59M | $460.22M | $372.69M | $243.76M | $364.03M | $444.46M | $360.15M | $221.60M | $406.09M | $412.39M | $327.69M | $384.00M | $417.02M | $420.39M | $375.19M | $1.07B | $390.25M | $397.06M | $358.37M | $151.92M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.71% | 0.77% | 0.97% | 1.30% | 0.81% | 1.17% | 0.58% | - | 0.74% | 1.09% | - | - | 1.11% | - | - | 0.30% | 1.11% | 1.16% | 0.25% | 1.94% |
7 analysts predict CPB's average Quarter EBITDA for Apr 24 to be $335.17M, with a high of $402.20M and a low of $268.14M. This is 5.73% upper than Campbell Soup Company's previous annual EBITDA (Jan 24) of $317.00M.
Campbell Soup Company Net Income Forecast
| Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 5 | 4 | 3 | 6 | 3 | 9 | 10 | 7 | 7 | 4 | 9 | 5 | 4 | 8 | 6 | 3 | 3 | 6 | 6 | 4 | 4 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | $680.00K | $780.00K | $169.00M | $160.00M | $232.00M | $297.00M | $96.00M | - | $212.00M | $261.00M | - | - | $245.00M | - | - | $168.00M | $1.21B | $166.00M | $-8.00M | $84.00M |
| Avg Forecast | $212.68M | $244.78M | $268.46M | $301.45M | $201.15M | $227.76M | $247.88M | $284.05M | $184.64M | $256.52M | $228.65M | $260.71M | $149.99M | $233.20M | $258.74M | $261.19M | $166.78M | $212.00M | $206.06M | $241.96M | $140.45M | $245.00M | $249.21M | $271.28M | $180.12M | $1.10B | $200.62M | $212.71M | $122.74M | $-53.10M |
| High Forecast | $216.88M | $249.62M | $273.76M | $307.40M | $205.13M | $232.26M | $262.99M | $287.32M | $184.73M | $307.82M | $229.65M | $263.70M | $152.95M | $279.84M | $310.49M | $266.60M | $170.23M | $254.40M | $210.33M | $246.97M | $143.36M | $294.00M | $254.37M | $276.90M | $183.85M | $1.32B | $204.77M | $217.11M | $125.28M | $-42.48M |
| Low Forecast | $208.24M | $239.68M | $262.86M | $295.16M | $196.96M | $223.01M | $241.83M | $280.78M | $184.55M | $205.22M | $227.65M | $257.71M | $146.87M | $186.56M | $207.00M | $255.07M | $162.87M | $169.60M | $201.24M | $236.29M | $137.16M | $196.00M | $243.37M | $264.93M | $175.90M | $878.55M | $195.92M | $207.72M | $119.86M | $-63.72M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.00% | 0.00% | 1.13% | 0.69% | 0.90% | 1.14% | 0.58% | - | 1.03% | 1.08% | - | - | 0.98% | - | - | 0.15% | 6.02% | 0.78% | -0.07% | -1.58% |
Campbell Soup Company's average Quarter net income forecast for Apr 24 is $256.52M, with a range of $205.22M to $307.82M. CPB's average Quarter net income forecast represents a 37623.53% increase compared to the company's last Quarter net income of $680.00K (Jan 24).
Campbell Soup Company SG&A Forecast
| Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 5 | 4 | 3 | 6 | 3 | 9 | 10 | 7 | 7 | 4 | 9 | 5 | 4 | 8 | 6 | 3 | 3 | 6 | 6 | 4 | 4 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | $217.00M | $222.00M | $366.00M | $361.00M | $379.00M | $359.00M | $342.00M | - | $344.00M | $326.00M | - | - | $390.00M | - | - | $447.00M | $385.00M | $340.00M | $361.00M | $438.00M |
| Avg Forecast | $356.87M | $386.15M | $419.88M | $428.81M | $356.62M | $377.95M | $414.43M | $422.26M | $346.61M | $238.37M | $364.71M | $376.87M | $307.68M | $216.70M | $323.18M | $404.65M | $327.89M | $197.00M | $369.72M | $375.45M | $298.34M | $360.00M | $379.67M | $382.73M | $341.58M | $339.09M | $355.29M | $361.49M | $326.27M | $319.50M |
| High Forecast | $362.29M | $392.02M | $426.26M | $435.32M | $362.04M | $383.70M | $420.48M | $423.77M | $346.69M | $286.04M | $365.01M | $379.88M | $312.36M | $260.04M | $387.82M | $411.09M | $333.12M | $236.40M | $375.61M | $381.43M | $303.09M | $432.00M | $385.72M | $388.83M | $347.02M | $406.91M | $360.95M | $367.25M | $331.47M | $383.40M |
| Low Forecast | $351.15M | $379.96M | $413.15M | $421.93M | $350.91M | $371.89M | $408.38M | $419.23M | $346.53M | $190.70M | $364.40M | $373.85M | $302.75M | $173.36M | $258.55M | $397.36M | $321.99M | $157.60M | $363.06M | $368.69M | $292.96M | $288.00M | $372.83M | $375.84M | $335.43M | $271.27M | $348.89M | $354.98M | $320.40M | $255.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.59% | 0.59% | 1.19% | 1.67% | 1.17% | 0.89% | 1.04% | - | 0.93% | 0.87% | - | - | 1.03% | - | - | 1.32% | 1.08% | 0.94% | 1.11% | 1.37% |
Campbell Soup Company's average Quarter SG&A projection for Apr 24 is $238.37M, based on 7 Wall Street analysts, with a range of $190.70M to $286.04M. The forecast indicates a 9.85% rise compared to CPB last annual SG&A of $217.00M (Jan 24).
Campbell Soup Company EPS Forecast
| Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 5 | 4 | 3 | 6 | 3 | 9 | 10 | 7 | 7 | 4 | 9 | 5 | 4 | 8 | 6 | 3 | 3 | 6 | 6 | 4 | 4 | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.54 | $0.78 | $0.99 | $0.32 | - | $0.70 | $0.86 | - | - | $0.81 | - | - | $0.56 | $4.00 | $0.55 | $-0.03 | $0.28 |
| Avg Forecast | $0.71 | $0.82 | $0.90 | $1.01 | $0.68 | $0.76 | $0.83 | $0.95 | $0.62 | $0.71 | $0.77 | $0.87 | $0.50 | $0.65 | $0.74 | $0.88 | $0.56 | $0.61 | $0.69 | $0.81 | $0.47 | $0.66 | $0.84 | $0.91 | $0.60 | $0.75 | $0.67 | $0.71 | $0.41 | $0.47 |
| High Forecast | $0.73 | $0.84 | $0.92 | $1.03 | $0.69 | $0.78 | $0.88 | $0.96 | $0.62 | $0.71 | $0.77 | $0.88 | $0.51 | $0.66 | $0.75 | $0.89 | $0.57 | $0.63 | $0.71 | $0.83 | $0.48 | $0.67 | $0.85 | $0.93 | $0.62 | $0.77 | $0.69 | $0.73 | $0.42 | $0.48 |
| Low Forecast | $0.70 | $0.80 | $0.88 | $0.99 | $0.66 | $0.75 | $0.81 | $0.94 | $0.62 | $0.71 | $0.76 | $0.86 | $0.49 | $0.63 | $0.72 | $0.86 | $0.55 | $0.60 | $0.68 | $0.79 | $0.46 | $0.64 | $0.82 | $0.89 | $0.59 | $0.73 | $0.66 | $0.70 | $0.40 | $0.46 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 0.00% | 0.00% | 0.00% | 0.84% | 1.06% | 1.13% | 0.57% | - | 1.01% | 1.06% | - | - | 0.97% | - | - | 0.75% | 5.94% | 0.77% | -0.07% | 0.59% |
According to 7 Wall Street analysts, Campbell Soup Company's projected average Quarter EPS for Apr 24 is $0.71, with a low estimate of $0.71 and a high estimate of $0.71. This represents a 30733.04% increase compared to CPB previous annual EPS of - (Jan 24).
Campbell Soup Company Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HRL | Hormel Foods | $29.73 | $42.86 | 44.16% | Hold |
| CAG | Conagra Brands | $26.48 | $35.25 | 33.12% | Hold |
| KHC | Kraft Heinz Company | $30.58 | $40.44 | 32.24% | Buy |
| LW | Lamb Weston | $75.07 | $98.29 | 30.93% | Buy |
| GIS | General Mills | $62.78 | $75.10 | 19.62% | Hold |
| CPB | Campbell Soup Company | $43.53 | $49.68 | 14.13% | Hold |
| MKC | McCormick & Company | $75.31 | $79.44 | 5.48% | Hold |
| K | Kellanova | $80.55 | $74.03 | -8.09% | Hold |