Conagra Brands, Inc. (CAG)

NYSE: CAG · IEX Real-Time Price · USD
34.84
+0.11 (0.32%)
At close: May 26, 2023, 4:00 PM
34.81
-0.03 (-0.09%)
Pre-market: May 30, 2023, 7:35 AM EDT

Conagra Brands Stock Forecast

Stock Price Forecast

According to 12 stock analysts, the average 12-month stock price forecast for Conagra Brands stock is $40.25, which predicts an increase of 15.53%. The lowest target is 35 and the highest is 46. On average, analysts rate Conagra Brands stock as a buy.

Analyst Consensus: Buy
Target Low Average Median High
Price $35 $40.25 $42 $46
Change +0.46% +15.53% +20.55% +32.03%
* Price targets were last updated on Apr 14, 2023.

Analyst Ratings

The average analyst rating for Conagra Brands stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Dec '22Jan '23Feb '23Mar '23Apr '23May '23
Strong Buy 111111
Buy 333333
Hold 356788
Sell 000000
Strong Sell 111000
Total 81011111212

Financial Forecast

Revenue This Year
12.48B
from 11.54B
Increased by 8.16%
Revenue Next Year
12.66B
from 12.48B
Increased by 1.48%
EPS This Year
2.79
from 1.84
Increased by 51.71%
EPS Next Year
2.90
from 2.79
Increased by 3.98%
Year 20182019202020212022202320242025202620272028
Revenue
7.94B9.54B11.05B11.18B11.54B12.48B12.66B12.83B13.20B13.45B13.86B
Revenue Growth
1.42%
20.16%
15.89%
1.18%
3.14%
8.16%
1.48%
1.31%
2.86%
1.96%
3.00%
EPS
1.981.521.722.661.842.792.903.043.243.393.74
EPS Growth
35.62%
-23.23%
13.16%
54.65%
-30.83%
51.71%
3.98%
4.61%
6.77%
4.48%
10.33%
No. Analysts -----171712432

Revenue Forecast

Revenue 202320242025202620272028
High 13.0B 13.3B 13.5B 13.9B 14.1B 14.4B
Avg 12.5B 12.7B 12.8B 13.2B 13.5B 13.9B
Low 12.1B 12.2B 12.3B 12.6B 12.9B 13.4B

Revenue Growth

Revenue Growth 202320242025202620272028
High
12.7%
6.6%
6.6%
8.0%
6.9%
7.1%
Avg
8.2%
1.5%
1.3%
2.9%
2.0%
3.0%
Low
4.8%
-2.5%
-2.9%
-1.9%
-1.9%
-0.1%

EPS Forecast

EPS 202320242025202620272028
High 2.97 3.12 3.20 3.43 3.66 3.89
Avg 2.79 2.90 3.04 3.24 3.39 3.74
Low 2.67 2.71 2.87 3.04 3.15 3.63

EPS Growth

EPS Growth 202320242025202620272028
High
61.5%
11.7%
10.3%
13.1%
13.0%
14.7%
Avg
51.7%
4.0%
4.6%
6.8%
4.5%
10.3%
Low
44.9%
-2.8%
-1.1%
0.0%
-2.7%
7.1%
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.