Q3 Earnings Forecast for Campbell’s Issued By Zacks Research

The Campbell’s Company (NASDAQ:CPB) – Research analysts at Zacks Research lowered their Q3 2026 earnings estimates for Campbell’s in a report released on Wednesday, March 25th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $0.49 for the quarter, down from their previous estimate of $0.60. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Campbell’s’ current full-year earnings is $3.15 per share. Zacks Research also issued estimates for Campbell’s’ Q4 2026 earnings at $0.44 EPS, FY2026 earnings at $2.21 EPS, Q1 2027 earnings at $0.70 EPS, Q2 2027 earnings at $0.57 EPS, Q3 2027 earnings at $0.53 EPS, Q4 2027 earnings at $0.47 EPS, Q1 2028 earnings at $0.73 EPS and Q2 2028 earnings at $0.59 EPS.

Campbell’s (NASDAQ:CPB) last issued its quarterly earnings results on Wednesday, March 11th. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.06). The company had revenue of $2.56 billion for the quarter. Campbell’s had a return on equity of 19.96% and a net margin of 5.48%.The business’s revenue was down 4.5% compared to the same quarter last year. During the same period last year, the business earned $0.74 earnings per share. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS.

Several other brokerages have also commented on CPB. UBS Group dropped their price target on Campbell’s from $24.00 to $20.00 and set a “sell” rating for the company in a research note on Friday, March 13th. TD Cowen dropped their target price on shares of Campbell’s from $29.00 to $24.00 and set a “hold” rating for the company in a research report on Thursday, March 12th. Sanford C. Bernstein reduced their price target on shares of Campbell’s from $33.00 to $27.00 and set an “outperform” rating on the stock in a research report on Thursday, March 12th. Morgan Stanley dropped their price objective on shares of Campbell’s from $27.00 to $25.00 and set an “equal weight” rating for the company in a research report on Thursday, March 12th. Finally, Jefferies Financial Group restated a “hold” rating and set a $26.00 target price on shares of Campbell’s in a report on Monday, March 2nd. Two equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and seven have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Campbell’s presently has a consensus rating of “Reduce” and an average price target of $27.65.

Campbell’s Trading Up 0.7%

CPB stock opened at $20.95 on Friday. The company has a quick ratio of 0.51, a current ratio of 1.01 and a debt-to-equity ratio of 1.66. The company has a market cap of $6.25 billion, a price-to-earnings ratio of 11.45 and a beta of -0.03. The business has a fifty day simple moving average of $25.77 and a 200-day simple moving average of $28.67. Campbell’s has a 52 week low of $20.62 and a 52 week high of $40.59.

Campbell’s Announces Dividend

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 given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 7.4%. The ex-dividend date of this dividend is Thursday, April 2nd. Campbell’s’s dividend payout ratio is presently 85.25%.

Insider Activity

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

Institutional Trading of Campbell’s

Several institutional investors have recently added to or reduced their stakes in CPB. Stance Capital LLC bought a new position in Campbell’s during the 3rd quarter valued at $27,000. Flagship Harbor Advisors LLC acquired a new stake in shares of Campbell’s in the 4th quarter valued at about $29,000. Sittner & Nelson LLC acquired a new stake in shares of Campbell’s in the 4th quarter valued at about $29,000. Los Angeles Capital Management LLC bought a new position in shares of Campbell’s during the fourth quarter worth about $29,000. Finally, Ankerstar Wealth LLC bought a new position in shares of Campbell’s during the fourth quarter worth about $29,000. 52.35% of the stock is owned by institutional investors and hedge funds.

Campbell’s News Summary

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

• Positive Sentiment: Higher dividend yield and valuation attention could attract income/value buyers as the stock trades near its 52‑week low; Yahoo Finance notes shares have slid and the dividend yield has climbed, which can provide a floor for some investors. Assessing Campbell’s (CPB) Valuation
• Negative Sentiment: Zacks Research sharply lowered multiple quarterly and full‑year EPS forecasts across 2026–2028 (FY2026 cut to $2.21 from $2.46) and issued a “Strong Sell” — a coordinated set of cuts that increases downside risk from earnings disappointment and further multiple compression.
• Negative Sentiment: UBS trimmed its price target to $20 (from $24) and kept a Sell rating after Campbell’s fiscal results, signaling continued analyst skepticism on near‑term recovery and valuation. UBS Cuts PT to $20
• Negative Sentiment: Media coverage is highlighting bearish views (e.g., MSN’s “Bear of the Day”), which can pressure sentiment and attract additional short interest or put buying. Bear of the Day: CPB
• Negative Sentiment: Geopolitical supply disruptions (Strait of Hormuz) could raise fertilizer and petrochemical costs, lifting agricultural and packaging input costs for food companies and pressuring margins across consumer staples, including Campbell’s. How Strait of Hormuz Closure Affects Staples

About Campbell’s

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.