Campbell’s (NASDAQ:CPB) Releases FY 2027 Earnings Guidance

Campbell’s (NASDAQ:CPB) updated its FY 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 1.650-1.800 for the period, compared to the consensus EPS estimate of 1.920. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several equities analysts recently commented on CPB shares. Evercore set a $22.00 target price on shares of Campbell’s in a research note on Monday. Stephens set a $20.00 price target on Campbell’s in a research note on Friday, August 28th. Sanford C. Bernstein reaffirmed an “underperform” rating and issued a $19.00 price target (down from $21.00) on shares of Campbell’s in a report on Tuesday, June 9th. Weiss Ratings upgraded Campbell’s from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday. Finally, William Blair assumed coverage on Campbell’s in a report on Tuesday, June 23rd. They set a “market perform” rating on the stock. Thirteen equities research analysts have rated the stock with a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $20.06.

Campbell’s Price Performance

NASDAQ CPB traded down $1.65 during trading on Thursday, reaching $22.13. 37,435,197 shares of the company traded hands, compared to its average volume of 5,489,844. Campbell’s has a 1-year low of $19.56 and a 1-year high of $34.17. The company has a market cap of $6.60 billion, a price-to-earnings ratio of 9.91, a P/E/G ratio of 2.42 and a beta of 0.03. The stock’s 50 day moving average price is $22.75 and its two-hundred day moving average price is $22.35. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.38 and a current ratio of 0.87.

Campbell’s (NASDAQ:CPB) last announced its quarterly earnings results on Thursday, September 3rd. The company reported $0.39 EPS for the quarter, meeting the consensus estimate of $0.39. The business had revenue of $2.14 billion for the quarter. Campbell’s had a return on equity of 18.04% and a net margin of 6.12%.Campbell’s’s quarterly revenue was down 7.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.62 EPS. Campbell’s has set its FY 2027 guidance at 1.650-1.800 EPS. As a group, analysts anticipate that Campbell’s will post 2.18 EPS for the current year.

Campbell’s Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Thursday, October 1st will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is Thursday, October 1st. Campbell’s’s payout ratio is presently 77.23%.

Key Stories Impacting Campbell’s

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

• Positive Sentiment: Management announced a $500 million cost-reduction program, including a 13% reduction in salaried positions, intended to improve profitability and accelerate debt repayment. Campbell’s slashes 13% of salaried workforce as part of $500M cost-cutting plan
• Positive Sentiment: The company is responding to inflation with additional pricing actions, while its Meals & Beverages segment delivered gains that partially offset weakness in Snacks. Campbell’s turns back to price hikes as inflation squeezes margins
• Neutral Sentiment: Fiscal fourth-quarter revenue was approximately $2.14 billion, down 7.9% year over year, while adjusted EPS of $0.39 was around expectations. The La Regina acquisition was included in the quarter, contributing to reported sales but not offsetting broader weakness. Campbell’s Reports Fourth Quarter Fiscal 2026 Results
• Negative Sentiment: Campbell’s projected fiscal 2027 sales declining 2% to 4% and adjusted EPS of $1.65 to $1.80, below the roughly $1.92 analyst consensus, signaling another difficult year. Campbell’s forecasts annual sales and profit below estimates on weak consumer spending
• Negative Sentiment: Profitability deteriorated sharply: adjusted EPS fell 37% from $0.62 a year earlier, with inflation, tariffs, unfavorable volume and mix, and an impairment involving the Cape Cod and Kettle brands weighing on results. Campbell’s Q4 Earnings Miss Estimates as Inflation Pressures Margins
• Negative Sentiment: The quarterly dividend was reduced 36%, from $0.39 to $0.25 per share, to preserve cash and reduce debt. The reset is particularly negative for income-focused investors and overshadowed the company’s approximately 4.5% indicated yield. Campbell’s slashes dividend, with shares taking a hit

Hedge Funds Weigh In On Campbell’s

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Steward Partners Investment Advisory LLC increased its position in Campbell’s by 8.1% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,099 shares of the company’s stock valued at $142,000 after acquiring an additional 380 shares in the last quarter. CIBC Private Wealth Group LLC lifted its position in shares of Campbell’s by 37.3% during the fourth quarter. CIBC Private Wealth Group LLC now owns 4,554 shares of the company’s stock worth $127,000 after purchasing an additional 1,236 shares in the last quarter. Colonial Trust Co SC grew its stake in shares of Campbell’s by 1,247.5% during the fourth quarter. Colonial Trust Co SC now owns 2,156 shares of the company’s stock valued at $60,000 after purchasing an additional 1,996 shares during the last quarter. Danske Bank A S bought a new stake in shares of Campbell’s during the third quarter valued at approximately $60,000. Finally, Quarry LP acquired a new stake in shares of Campbell’s in the third quarter valued at approximately $142,000. Institutional investors and hedge funds own 52.35% of the company’s stock.

Campbell’s Company Profile

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.