Campbell’s (NASDAQ:CPB) Given New $18.00 Price Target at Bank of America

Campbell’s (NASDAQ:CPB – Get Free Report) had its price objective reduced by analysts at Bank of America from $20.00 to $18.00 in a report released on Tuesday,Benzinga reports. The firm currently has an “underperform” rating on the stock. Bank of America‘s price objective suggests a potential downside of 16.24% from the stock’s current price.

Several other equities research analysts have also issued reports on CPB. Zacks Research upgraded shares of Campbell’s from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 12th. DA Davidson dropped their target price on shares of Campbell’s from $30.00 to $20.00 and set a “neutral” rating for the company in a research report on Friday, May 22nd. Sanford C. Bernstein reiterated an “underperform” rating and set a $19.00 target price (down from $21.00) on shares of Campbell’s in a research report on Tuesday. BNP Paribas Exane dropped their target price on shares of Campbell’s from $22.00 to $19.00 and set an “underperform” rating for the company in a research report on Thursday, April 9th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Campbell’s in a research report on Thursday. Thirteen analysts have rated the stock with a Hold rating and seven have issued a Sell rating to the stock. Based on data from MarketBeat, Campbell’s presently has a consensus rating of “Reduce” and a consensus price target of $22.31.

Get Our Latest Analysis on CPB

Campbell’s Price Performance

Shares of NASDAQ:CPB opened at $21.49 on Tuesday. The company has a quick ratio of 0.51, a current ratio of 1.01 and a debt-to-equity ratio of 1.66. The firm has a market capitalization of $6.41 billion, a PE ratio of 11.74 and a beta of 0.02. Campbell’s has a twelve month low of $19.56 and a twelve month high of $34.56. The company has a 50-day moving average price of $20.89 and a two-hundred day moving average price of $24.89.

Campbell’s (NASDAQ:CPB – Get Free Report) last released its quarterly earnings data on Monday, June 8th. The company reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.02. Campbell’s had a net margin of 5.48% and a return on equity of 19.96%. The company had revenue of $2.37 billion during the quarter. During the same quarter last year, the business posted $0.22 earnings per share. Campbell’s’s revenue was down 4.4% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. Equities analysts forecast that Campbell’s will post 2.18 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Stance Capital LLC purchased a new position in shares of Campbell’s during the third quarter worth approximately $27,000. Flagship Harbor Advisors LLC purchased a new position in shares of Campbell’s during the fourth quarter worth approximately $29,000. Sittner & Nelson LLC purchased a new position in shares of Campbell’s in the fourth quarter worth $29,000. Los Angeles Capital Management LLC purchased a new position in shares of Campbell’s in the fourth quarter worth $29,000. Finally, Ankerstar Wealth LLC purchased a new position in shares of Campbell’s in the fourth quarter worth $29,000. 52.35% of the stock is owned by hedge funds and other institutional investors.

Key Campbell’s News

Here are the key news stories impacting Campbell’s this week:

• Positive Sentiment: Campbell’s posted Q3 EPS of $0.50, beating the $0.48 consensus estimate, which suggests profits held up better than expected despite a tough operating environment. Campbell’s (CPB) Surpasses Q3 Earnings Estimates
• Positive Sentiment: The company reaffirmed its FY2026 outlook, which can reassure investors that management still sees its annual targets as achievable despite inflation and weaker consumer spending. Packaged food firm Campbell’s reaffirms annual forecast on weak consumer spending
• Positive Sentiment: Management said Meals & Beverages remains a source of strength, and the company is pursuing aggressive cost cuts and portfolio simplification to offset inflation pressure. CPB Q3 Earnings Call Highlights Inflation Risks and Snack Reset
• Neutral Sentiment: Q3 revenue fell to $2.37 billion, down 4.4% year over year, showing that top-line softness is still an issue even as profitability improved. Campbell earnings report and conference call
• Negative Sentiment: The snack business remains under pressure from weak demand, and multiple reports flagged inflation, tariffs, and supply-chain costs as margin headwinds. Campbell’s Sales Fall on Continued Weak Demand for Snacks

About Campbell’s

(Get Free Report)

Campbell’s (NASDAQ: CPB) is a leading manufacturer of shelf-stable foods and beverages, best known for its iconic soups and broths. Headquartered in Camden, New Jersey, the company offers a diverse portfolio of products designed to meet consumer demand for convenient, affordable meals and snacks. Since its founding in 1869, Campbell’s has grown through a combination of organic innovation and strategic acquisitions to expand its presence in the food industry.

The company’s brand portfolio includes Campbell’s Condensed Soups, V8 juices, Prego pasta sauces, Swanson broths and stocks, Pace salsas and dips, and Pepperidge Farm baked snacks.

Further Reading

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