Conagra Brands Stock Forecast

Stock Price Forecast

According to 17 analysts polled by S&P Global, Conagra Brands stock has a consensus rating of "Hold" and an average price target of $14.38. The average 1-year stock price forecast is 5.64% lower than the current stock price, while the lowest is $12 (-21.26%) and the highest is $23 (+50.92%).

Price Target: $14.38 (-5.64%)

Analyst Consensus: Hold

Price Target

Chart

Target	Low	Average	Median	High
Price	$12	$14.38	$14	$23
Change	-21.26%	-5.64%	-8.14%	+50.92%

Analyst Ratings

The average analyst rating for Conagra Brands stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	0	0	1	1	1	1
Buy	3	2	1	1	1	1
Hold	12	11	13	12	10	10
Sell	1	1	1	1	2	2
Strong Sell	1	2	2	3	3	3
Total	17	16	18	18	17	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Alexia Burland Howard Bernstein	Bernstein	Sell Maintains $12	Sell	Maintains	$12	-21.26%	Jul 17, 2026
Leah Jordan Goldman Sachs	Goldman Sachs	Sell Reiterates $14 → $13	Sell	Reiterates	$14 → $13	-14.70%	Jul 16, 2026
Peter Grom UBS	UBS	Hold Maintains $13 → $14	Hold	Maintains	$13 → $14	-8.14%	Jul 16, 2026
Thomas Palmer J.P. Morgan	J.P. Morgan	Hold Maintains $14 → $15	Hold	Maintains	$14 → $15	-1.57%	Jul 16, 2026
Matthew Smith, CFA Stifel Nicolaus	Stifel Nicolaus	Hold Maintains $15	Hold	Maintains	$15	-1.57%	Jul 16, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

10.84B

from 11.28B

-3.89%

from 11.28B

Revenue Next Year

10.93B

from 10.84B

0.85%

from 10.84B

EPS This Year

1.45

from 1.72

-15.88%

from 1.72

EPS Next Year

1.57

from 1.45

8.67%

from 1.45

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	May 29, 2022	May 28, 2023	May 26, 2024	May 25, 2025	May 31, 2026	May 31, 2027
Revenue	11.54B	12.28B	12.05B	11.61B	11.28B	10.84B
Revenue Growth	3.14%	6.42%	-1.84%	-3.64%	-2.85%	-3.89%
Gross Profit	2.84B	3.26B	3.33B	3.00B	2.70B	2.59B
Gross Margin	24.61%	26.59%	27.66%	25.86%	23.95%	23.88%
Operating Income	1.62B	1.86B	1.86B	1.67B	1.35B	1.11B
Net Income	888.20M	683.60M	347.20M	1.15B	-1.92B	622.38M
EPS	-	-	-	-	1.72	1.45
EPS Growth	-	-	-	-	-25.22%	-15.88%
Forward PE	13.22	12.36	11.30	9.47	7.85	10.53
Dividend / Share	1.25	1.32	1.40	1.40	1.40	0.72
Dividend Growth	-	5.60%	6.06%	-	-	-48.44%
Free Cash Flow	425.99M	312.25M	1.16B	1.08B	859.00M	656.50M
No. Analysts	-	-	-	-	-	12

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	10.9B
Avg	10.8B
Low	10.8B

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	-3.3%
Avg	-3.9%
Low	-4.3%

EPS Forecast

Chart

EPS	2027	2028	2029
High	1.50
Avg	1.45
Low	1.40

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	-12.8%
Avg	-15.9%
Low	-18.6%