Barclays Issues Pessimistic Forecast for Conagra Brands (NYSE:CAG) Stock Price

Conagra Brands (NYSE:CAG) had its price target dropped by investment analysts at Barclays from $21.00 to $18.00 in a note issued to investors on Thursday,MarketScreener reports. The firm currently has an “overweight” rating on the stock. Barclays‘s price target would suggest a potential upside of 15.87% from the stock’s previous close.

A number of other brokerages have also recently commented on CAG. JPMorgan Chase & Co. decreased their target price on Conagra Brands from $19.00 to $17.00 and set a “neutral” rating on the stock in a report on Friday, March 20th. Deutsche Bank Aktiengesellschaft cut their target price on Conagra Brands from $18.00 to $14.00 and set a “hold” rating on the stock in a research note on Monday. TD Cowen decreased their price target on Conagra Brands from $18.00 to $14.00 and set a “hold” rating for the company in a research note on Wednesday, March 25th. UBS Group reissued a “neutral” rating and issued a $20.00 price target on shares of Conagra Brands in a report on Friday, February 13th. Finally, Jefferies Financial Group dropped their price target on Conagra Brands from $16.00 to $15.00 and set a “hold” rating on the stock in a research note on Monday. Two research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $16.53.

Conagra Brands Stock Performance

NYSE:CAG opened at $15.54 on Thursday. The company has a market capitalization of $7.43 billion, a price-to-earnings ratio of -70.61 and a beta of 0.04. The business has a 50 day moving average of $17.84 and a 200 day moving average of $17.76. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.89 and a quick ratio of 0.28. Conagra Brands has a 1-year low of $15.03 and a 1-year high of $27.68.

Conagra Brands (NYSE:CAG) last released its quarterly earnings data on Wednesday, April 1st. The company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.01). The firm had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Conagra Brands had a negative net margin of 0.87% and a positive return on equity of 10.59%. Conagra Brands’s revenue was down 1.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.51 EPS. On average, sell-side analysts predict that Conagra Brands will post 2.35 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Conagra Brands

A number of institutional investors and hedge funds have recently made changes to their positions in CAG. NewEdge Advisors LLC increased its holdings in Conagra Brands by 4.2% in the 1st quarter. NewEdge Advisors LLC now owns 23,541 shares of the company’s stock valued at $628,000 after purchasing an additional 954 shares during the last quarter. United Services Automobile Association purchased a new position in shares of Conagra Brands during the first quarter worth about $225,000. Empowered Funds LLC lifted its stake in Conagra Brands by 5.9% in the first quarter. Empowered Funds LLC now owns 36,356 shares of the company’s stock valued at $970,000 after buying an additional 2,038 shares during the last quarter. Woodline Partners LP boosted its stake in shares of Conagra Brands by 40.7% in the first quarter. Woodline Partners LP now owns 40,326 shares of the company’s stock valued at $1,075,000 after buying an additional 11,664 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in Conagra Brands by 52.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 83,621 shares of the company’s stock worth $1,712,000 after acquiring an additional 28,826 shares in the last quarter. 83.75% of the stock is owned by hedge funds and other institutional investors.

Key Conagra Brands News

Here are the key news stories impacting Conagra Brands this week:

• Positive Sentiment: Revenue slightly beat estimates and the company reported organic sales growth driven by stronger frozen and snacks volumes, evidence that core categories remain resilient. Conagra Q3 Earnings Miss Estimates Despite Organic Sales Growth
• Positive Sentiment: Management highlighted volume growth and category strength on the earnings call, helping some investors see a path to margin recovery if inflation eases. Conagra Brands Inc (CAG) Q3 2026 Earnings Call Highlights: Strong Volume Growth Amid Inflation …
• Neutral Sentiment: Market commentators and value investors point to a high dividend yield (~9% reported) and technical support at recent lows, which can stabilize the stock despite fundamental headwinds. 3 Signs Now is a Good Time to Buy Conagra Stock
• Negative Sentiment: EPS missed consensus ($0.39 vs $0.40) and margins contracted year‑over‑year, raising near‑term profitability concerns. Conagra Q3 earnings report summary
• Negative Sentiment: Management narrowed and lowered its full‑year profit guidance, citing rising costs — a primary driver of the stock weakness. Conagra Brands expects weak annual profit on rising costs
• Negative Sentiment: Analysts adjusted expectations: Jefferies cut its price target to $15 and several boutiques signaled caution, keeping downward pressure on sentiment. Jefferies adjusts price target on Conagra Brands to $15
• Negative Sentiment: Coverage pieces note broad analyst skepticism relative to peers and some price targets below the stock, amplifying selling pressure after mixed results. What Wall Street Expects From These 3 Food Giants After Mixed Earnings

About Conagra Brands

Conagra Brands, Inc is a leading packaged foods company based in Chicago, Illinois, with a broad portfolio of shelf-stable, frozen and refrigerated foods marketed under familiar brands. The company develops, produces and distributes a wide range of consumer food products, serving both retail grocery and foodservice channels. Conagra’s product lineup includes frozen entrees, snacks, condiments, baking goods and desserts, providing convenient meal solutions for consumers across North America and select international markets.

Among its well-known brands are Birds Eye, Healthy Choice, Lean Cuisine, Marie Callender’s and Banquet in the frozen foods category, as well as Hunt’s sauces, Orville Redenbacher’s popcorn, Slim Jim meat snacks and Reddi-wip toppings.