Calbee Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Calbee stock has a consensus rating of "Sell" and an average price target of ¥3,017. The average 1-year stock price forecast is 7.35% higher than the current stock price, while the lowest is ¥2,600 (-7.47%) and the highest is ¥3,600 (+28.11%).

Price Target: ¥3,017 (+7.35%)

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	¥2,600	¥3,017	¥3,000	¥3,600
Change	-7.47%	+7.35%	+6.76%	+28.11%

* Price targets were last updated on Mar 18, 2026.

Analyst Ratings

The average analyst rating for Calbee stock is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	0	0	0	0	0	0
Buy	1	0	0	0	0	0
Hold	3	4	4	4	4	4
Sell	1	1	1	1	1	1
Strong Sell	1	1	1	1	1	1
Total	6	6	6	6	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst J.P. Morgan No rating	J.P. Morgan	Sell Maintains ¥2,500 → ¥2,600	Sell	Maintains	¥2,500 → ¥2,600	-7.47%	Mar 18, 2026
Unknown Analyst Daiwa No rating	Daiwa	Hold Maintains ¥3,000	Hold	Maintains	¥3,000	+6.76%	Feb 9, 2026
Takashi Miyazaki Goldman Sachs	Goldman Sachs	Sell Maintains ¥2,750 → ¥2,800	Sell	Maintains	¥2,750 → ¥2,800	-0.36%	Feb 3, 2026
Tomonobu Tsunoyama Morgan Stanley	Morgan Stanley	Hold Reiterates ¥2,977	Hold	Reiterates	¥2,977	+5.94%	Jan 21, 2026

Financial Forecast

Revenue This Year

368.50B

from 340.15B

8.33%

from 340.15B

Revenue Next Year

376.50B

from 368.50B

2.17%

from 368.50B

EPS This Year

n/a

from -

EPS Next Year

n/a

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	245.42B	279.32B	303.03B	322.56B	340.15B	368.50B
Revenue Growth	-7.99%	13.81%	8.49%	6.45%	5.45%	8.33%
Gross Profit	83.95B	90.20B	101.96B	109.88B	110.81B	120.87B
Gross Margin	34.21%	32.29%	33.65%	34.06%	32.58%	32.80%
Operating Income	25.04B	22.12B	27.16B	28.99B	26.12B	26.78B
Net Income	18.05B	14.77B	19.89B	20.87B	17.33B	17.88B
Dividend / Share	52.00	52.00	56.00	58.00	66.00	69.00
Dividend Growth	-	-	7.69%	3.57%	13.79%	4.55%
Free Cash Flow	8.00B	-8.04B	-9.79B	10.90B	3.30B	7.20B
No. Analysts	-	-	-	-	-	3

Financial currency is JPY.

Revenue Forecast

Revenue	2027	2028	2029
High	370.0B
Avg	368.5B
Low	367.5B

Revenue Growth

Revenue Growth	2027	2028	2029
High	8.8%
Avg	8.3%
Low	8.0%

EPS Forecast

EPS	2027	2028	2029
High	-
Avg	-
Low	-

EPS Growth

EPS Growth	2028	2029
High	-
Avg	-
Low	-