Cal-Maine Foods, Inc. (CALM)

Cal-Maine Foods Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Cal-Maine Foods stock have an average target of 66.33, with a low estimate of 52 and a high estimate of 82. The average target predicts a decrease of -30.88% from the current stock price of 95.96.

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$52	$66.33	$65	$82
Change	-45.81%	-30.88%	-32.26%	-14.55%

* Price targets were last updated on Oct 3, 2024.

Analyst Ratings

The average analyst rating for CALM stock from 3 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	1	1	1	2	2
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	2	2	2	2	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Pooran Sharma Stephens & Co.	Stephens & Co.	Hold Initiates $82	Hold	Initiates	$82	-14.55%	Oct 3, 2024
Adam Samuelson Goldman Sachs	Goldman Sachs	Strong Sell Maintains $47 → $52	Strong Sell	Maintains	$47 → $52	-45.81%	Jul 17, 2024
Ben Bienvenu Stephens & Co.	Stephens & Co.	Hold Reiterates $65	Hold	Reiterates	$65	-32.26%	Apr 3, 2024
Ben Bienvenu Stephens & Co.	Stephens & Co.	Hold Maintains $55 → $65	Hold	Maintains	$55 → $65	-32.26%	Mar 22, 2024
Adam Samuelson Goldman Sachs	Goldman Sachs	Strong Sell Maintains $42 → $47	Strong Sell	Maintains	$42 → $47	-51.02%	Mar 12, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.62B

Increased by 12.75%

from 2.33B

Revenue Next Year

2.16B

Decreased by -17.54%

from 2.62B

EPS This Year

8.55

Increased by 50.31%

from 5.69

EPS Next Year

3.29

Decreased by -61.54%

from 8.55

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	May 30, 2020	May 29, 2021	May 28, 2022	Jun 3, 2023	Jun 1, 2024	Jun 30, 2025	Jun 30, 2026	Jun 30, 2027
Revenue	1.35B	1.35B	1.78B	3.15B	2.33B	2.62B	2.16B	2.28B
Revenue Growth	-0.70%	-0.19%	31.74%	77.04%	-26.06%	12.75%	-17.54%	5.59%
EPS	0.38	0.04	2.72	15.52	5.69	8.55	3.29	3.15
EPS Growth	-66.09%	-89.46%	6,700.00%	470.59%	-63.34%	50.31%	-61.54%	-4.19%
Forward PE	-	-	-	-	-	11.22	29.17	30.45
No. Analysts	-	-	-	-	-	4	4	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	2.7B	2.2B	2.4B
Avg	2.6B	2.2B	2.3B
Low	2.5B	2.1B	2.2B

Revenue Growth

Revenue Growth	2025	2026	2027
High	16.1%	-14.6%	8.7%
Avg	12.7%	-17.5%	5.6%
Low	8.3%	-21.2%	1.5%

EPS Forecast

EPS	2025	2026	2027
High	9.00	3.66	3.24
Avg	8.55	3.29	3.15
Low	8.04	2.90	3.03

EPS Growth

EPS Growth	2025	2026	2027
High	58.1%	-57.2%	-1.4%
Avg	50.3%	-61.5%	-4.2%
Low	41.2%	-66.1%	-7.9%

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.