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

10 Jun 2026, 12:42 by Michael Walen · The Markets Daily

Campbell’s (NASDAQ:CPB – Get Free Report) issued an update on its FY 2026 earnings guidance on Monday 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 2.170. The company issued revenue guidance of -.

Campbell’s Stock Performance

NASDAQ CPB opened at $22.13 on Wednesday. The firm’s fifty day moving average price is $20.90 and its two-hundred day moving average price is $24.82. The stock has a market cap of $6.60 billion, a PE ratio of 10.96 and a beta of 0.02. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.51 and a current ratio of 0.87. Campbell’s has a fifty-two week low of $19.56 and a fifty-two week high of $34.44.

Campbell’s (NASDAQ:CPB – Get Free Report) last announced its quarterly earnings results on Monday, June 8th. The company reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.02. The company had revenue of $2.37 billion during the quarter. Campbell’s had a return on equity of 18.04% and a net margin of 6.12%.The firm’s revenue was down 4.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.22 earnings per share. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. On average, equities analysts expect that Campbell’s will post 2.18 EPS for the current fiscal year.

Campbell’s Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Thursday, July 2nd will be given a $0.39 dividend. The ex-dividend date is Thursday, July 2nd. This represents a $1.56 annualized dividend and a yield of 7.0%. Campbell’s’s dividend payout ratio (DPR) is currently 85.25%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on CPB. Jefferies Financial Group restated a “hold” rating and set a $26.00 price target on shares of Campbell’s in a report on Monday, March 2nd. Sanford C. Bernstein reiterated an “underperform” rating and issued a $19.00 price objective (down from $21.00) on shares of Campbell’s in a report on Tuesday. Royal Bank Of Canada cut their target price on shares of Campbell’s from $23.00 to $21.00 and set a “sector perform” rating on the stock in a research report on Tuesday. Stifel Nicolaus reduced their target price on shares of Campbell’s from $25.00 to $20.00 and set a “hold” rating on the stock in a report on Tuesday, April 21st. Finally, Wells Fargo & Company cut shares of Campbell’s from an “equal weight” rating to an “underweight” rating and decreased their price target for the company from $20.00 to $18.00 in a research report on Wednesday, April 8th. Thirteen analysts have rated the stock with a Hold rating and seven have issued a Sell rating to the company’s stock. According to MarketBeat.com, Campbell’s presently has an average rating of “Reduce” and an average target price of $21.88.

View Our Latest Report on CPB

Key Campbell’s News

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

Positive Sentiment: Campbell’s reported Q3 adjusted EPS of $0.50, topping the $0.48 consensus, showing earnings held up better than expected. Campbell’s Reports Third Quarter Fiscal 2026 Results
Positive Sentiment: The company reaffirmed its FY 2026 outlook, signaling management still sees earnings stability even as it works through inflation and demand headwinds. Reuters article on annual forecast
Neutral Sentiment: Analysts and market coverage highlighted Campbell’s as a defensive, dividend-paying stock, which may be supporting interest from income-focused investors. CPB Stock Slips Premarket After Earnings – But Retail Still Sees Campbell’s As A ‘Defensive Play’
Neutral Sentiment: Campbell’s updated FY 2026 EPS guidance to $2.15-$2.25, roughly in line with expectations, suggesting limited near-term upside but also no major surprise to the downside. Campbell’s Reports Third Quarter Fiscal 2026 Results
Negative Sentiment: Revenue came in at $2.37 billion, down 4.4% year over year, with continued weakness in snacks and softer consumer demand weighing on growth. Campbell’s Sales Fall on Continued Weak Demand for Snacks
Negative Sentiment: Bank of America cut its price target to $18 and kept an underperform rating, reflecting skepticism about the stock’s near-term upside after the earnings report. Benzinga report on price target cut

Hedge Funds Weigh In On Campbell’s

Hedge funds and other institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Campbell’s by 3.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,472 shares of the company’s stock worth $777,000 after purchasing an additional 685 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Campbell’s by 4.3% during the first quarter. Goldman Sachs Group Inc. now owns 660,543 shares of the company’s stock worth $26,369,000 after buying an additional 27,374 shares during the period. Empowered Funds LLC bought a new position in Campbell’s during the first quarter worth $446,000. Woodline Partners LP raised its stake in Campbell’s by 40.9% during the first quarter. Woodline Partners LP now owns 16,623 shares of the company’s stock worth $664,000 after buying an additional 4,827 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings 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 buying an additional 750 shares during the period. 52.35% of the stock is owned by institutional investors and hedge funds.

Campbell’s Company Profile

(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.