Campbell’s (NASDAQ:CPB) Issues FY 2026 Earnings Guidance

Posted by Hanz Christensen on Mar 12th, 2026

Campbell’s (NASDAQ:CPB – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.150-2.250 for the period, compared to the consensus earnings per share estimate of 2.420. The company issued revenue guidance of -, compared to the consensus revenue estimate of $9.9 billion.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Weiss Ratings lowered Campbell’s from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, January 5th. Royal Bank Of Canada dropped their target price on Campbell’s from $35.00 to $30.00 and set a “sector perform” rating for the company in a report on Wednesday, December 10th. Wells Fargo & Company reduced their target price on shares of Campbell’s from $30.00 to $28.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 3rd. Jefferies Financial Group reaffirmed a “hold” rating and set a $26.00 price target on shares of Campbell’s in a research report on Monday, March 2nd. Finally, Barclays set a $27.00 price objective on shares of Campbell’s in a research note on Friday, January 16th. Two analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $31.35.

Check Out Our Latest Research Report on Campbell’s

Campbell’s Price Performance

Shares of NASDAQ CPB opened at $22.94 on Thursday. The business has a fifty day moving average price of $27.00 and a two-hundred day moving average price of $29.50. The stock has a market capitalization of $6.84 billion, a PE ratio of 11.89, a P/E/G ratio of 8.70 and a beta of -0.03. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.82 and a quick ratio of 0.34. Campbell’s has a fifty-two week low of $22.41 and a fifty-two week high of $40.59.

Campbell’s (NASDAQ:CPB – Get Free Report) last released its earnings results on Wednesday, March 11th. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.06). Campbell’s had a return on equity of 21.84% and a net margin of 5.69%.The company had revenue of $2.56 billion for the quarter. During the same quarter in the prior year, the business posted $0.74 earnings per share. The business’s quarterly revenue was down 4.5% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. As a group, equities analysts predict that Campbell’s will post 3.15 earnings per share for the current fiscal year.

Campbell’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 4th. Shareholders of record on Thursday, April 2nd will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Thursday, April 2nd. Campbell’s’s dividend payout ratio is presently 80.83%.

Insider Activity

In related news, EVP Charles A. Brawley III sold 11,550 shares of the stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $28.14, for a total transaction of $325,017.00. Following the sale, the executive vice president owned 43,777 shares in the company, valued at approximately $1,231,884.78. This trade represents a 20.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Anthony Sanzio sold 2,700 shares of Campbell’s stock in a transaction that occurred on Friday, January 9th. The shares were sold at an average price of $26.51, for a total transaction of $71,577.00. Following the completion of the transaction, the executive vice president directly owned 25,264 shares in the company, valued at $669,748.64. This trade represents a 9.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 19.78% of the stock is owned by company insiders.

Key Campbell’s News

Here are the key news stories impacting Campbell’s this week:

Positive Sentiment: Rao’s and Meals & Beverages showed in-market consumption growth and Rao’s exceeded $1 billion in trailing 12‑month sales, providing a tangible brand-growth bright spot for CPB. Campbell’s Reports Second Quarter Fiscal 2026 Results
Positive Sentiment: Falling share price has pushed yield materially higher; MarketBeat notes institutional buying and argues income investors may view CPB as a high‑priority dividend watch. This supports downside floor/accumulation potential. Campbell Soup Company Is High-Priority for Income Watch Lists
Neutral Sentiment: Management hosted its Q2 call and provided color on strategic steps (cost controls, portfolio focus); the transcript and call slides give guidance detail that investors should read for modeling assumptions. The Campbell’s Company (CPB) Q2 2026 Earnings Call Transcript
Negative Sentiment: Q2 results: EPS $0.51 vs. ~$0.57 expected and revenue down ~4.5% to $2.56B — a clear miss that pressured the stock. Campbell’s (NASDAQ:CPB) Misses Q4 CY2025 Sales Expectations, Stock Drops
Negative Sentiment: Company cut FY2026 EPS guidance to $2.15–$2.25 (well below consensus ~2.42), citing weaker snack demand and macro pressures — the guidance reduction is the primary negative driver for near‑term multiple compression. Campbell’s cuts annual forecasts amid macroeconomic pressures
Negative Sentiment: Snacks segment weakness (pretzels, chips) plus tariff and inflation pressures hit margins and sales; several outlets report the stock falling to multi‑year lows as investors reassess medium‑term growth. Tariffs land Campbell’s in a soup, stock hits 52-week low
Negative Sentiment: Analyst cuts, negative media commentary and high short interest amplify downside risk until clearer evidence of snack recovery or margin stabilization appears. Cramer trashes Campbell stock: ‘not a great American company anymore’

Institutional Investors Weigh In On Campbell’s

A number of large investors have recently modified their holdings of CPB. Ankerstar Wealth LLC bought a new position in shares of Campbell’s in the 4th quarter valued at $29,000. Los Angeles Capital Management LLC acquired a new stake in Campbell’s in the fourth quarter valued at about $29,000. IFP Advisors Inc acquired a new stake in Campbell’s in the third quarter valued at about $37,000. Geneos Wealth Management Inc. grew its position in Campbell’s by 333.3% in the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $39,000 after acquiring an additional 750 shares during the last quarter. Finally, McMillan Office Inc. bought a new position in Campbell’s in the fourth quarter valued at about $45,000. Institutional investors and hedge funds own 52.35% of the company’s stock.

About Campbell’s

(Get Free Report)

Campbell’s (NASDAQ: CPB) is a leading manufacturer of shelf-stable foods and beverages, best known for its iconic soups and broths. Headquartered in Camden, New Jersey, the company offers a diverse portfolio of products designed to meet consumer demand for convenient, affordable meals and snacks. Since its founding in 1869, Campbell’s has grown through a combination of organic innovation and strategic acquisitions to expand its presence in the food industry.

The company’s brand portfolio includes Campbell’s Condensed Soups, V8 juices, Prego pasta sauces, Swanson broths and stocks, Pace salsas and dips, and Pepperidge Farm baked snacks.