Conagra Brands, Inc. (CAG)
NYSE: CAG · IEX Real-Time Price · USD
29.63
-0.46 (-1.53%)
At close: Jul 19, 2024, 4:00 PM
29.65
+0.02 (0.07%)
After-hours: Jul 19, 2024, 7:16 PM EDT

Conagra Brands Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Conagra Brands stock have an average target of 31.36, with a low estimate of 28 and a high estimate of 37. The average target predicts an increase of 5.84% from the current stock price of 29.63.

Analyst Consensus: Hold
Target Low Average Median High
Price $28 $31.36 $31 $37
Change -5.50% +5.84% +4.62% +24.87%

Analyst Ratings

The average analyst rating for Conagra Brands stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 110000
Buy 111111
Hold 111111111110
Sell 000000
Strong Sell 000000
Total 131312121211

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Buy
Maintains
$34$33
Buy Maintains $34$33 +11.37% Jul 12, 2024
RBC Capital
RBC Capital
Hold
Maintains
$30$29
Hold Maintains $30$29 -2.13% Jul 12, 2024
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$32$31
Hold Maintains $32$31 +4.62% Jul 12, 2024
Stifel
Stifel
Hold
Maintains
$32$30
Hold Maintains $32$30 +1.25% Jul 12, 2024
Wells Fargo
Wells Fargo
Hold
Maintains
$32$31
Hold Maintains $32$31 +4.62% Jul 10, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
12.32B
from 12.05B
Increased by 2.21%
Revenue Next Year
12.54B
from 12.32B
Increased by 1.79%
EPS This Year
2.73
from 0.72
Increased by 278.58%
EPS Next Year
2.86
from 2.73
Increased by 4.75%
Year 202020212022202320242025202620272028
Revenue
11.05B11.18B11.54B12.28B12.05B12.32B12.54B12.85B13.18B
Revenue Growth
15.89%1.18%3.14%6.42%-1.84%2.21%1.79%2.46%2.58%
EPS
1.722.661.841.420.722.732.862.943.01
EPS Growth
13.16%54.65%-30.83%-22.83%-49.30%278.58%4.75%3.13%2.14%
Forward PE
-----10.8710.3810.069.85
No. Analysts -----181343
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2025202620272028
High 13.0B 13.3B 13.6B 13.9B
Avg 12.3B 12.5B 12.8B 13.2B
Low 11.8B 12.0B 12.3B 12.6B

Revenue Growth

Revenue Growth 2025202620272028
High
7.8%
8.2%
8.4%
8.3%
Avg
2.2%
1.8%
2.5%
2.6%
Low
-1.9%
-2.9%
-2.1%
-2.0%

EPS Forecast

EPS 2025202620272028
High 2.89 3.07 3.16 3.21
Avg 2.73 2.86 2.94 3.01
Low 2.56 2.63 2.72 2.84

EPS Growth

EPS Growth 2025202620272028
High
301.0%
12.5%
10.7%
9.0%
Avg
278.6%
4.8%
3.1%
2.1%
Low
255.2%
-3.6%
-4.6%
-3.5%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.