Campbell's (NASDAQ:CPB) Given New $18.00 Price Target at Wells Fargo & Company

Key Points

• Wells Fargo cut its price target on Campbell's to $18.00 (from $20) and kept an underweight rating, implying about a 12.9% downside from the current share price.
• Multiple brokerages trimmed targets in March, leaving a MarketBeat consensus target of $27.35 and an average analyst rating of Reduce, signaling broadly muted analyst sentiment.
• Campbell's recent quarter missed estimates (EPS $0.51 vs. $0.57) with revenue down 4.5% year‑over‑year, and the stock trades around $20.66, essentially at its 52‑week low.

Campbell's (NASDAQ:CPB - Get Free Report) had its price objective lowered by equities research analysts at Wells Fargo & Company from $20.00 to $18.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has an "underweight" rating on the stock. Wells Fargo & Company's target price suggests a potential downside of 12.89% from the company's current price.

CPB has been the subject of several other research reports. Royal Bank Of Canada decreased their price target on Campbell's from $30.00 to $26.00 and set a "sector perform" rating for the company in a research note on Thursday, March 12th. TD Cowen cut their price objective on Campbell's from $29.00 to $24.00 and set a "hold" rating for the company in a report on Thursday, March 12th. Barclays cut their price objective on Campbell's from $27.00 to $23.00 and set an "underweight" rating for the company in a report on Thursday, March 12th. Sanford C. Bernstein cut their price objective on Campbell's from $33.00 to $27.00 and set an "outperform" rating for the company in a report on Thursday, March 12th. Finally, Morgan Stanley cut their price objective on Campbell's from $27.00 to $25.00 and set an "equal weight" rating for the company in a report on Thursday, March 12th. Two investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat.com, Campbell's presently has an average rating of "Reduce" and a consensus target price of $27.35.

Campbell's Stock Down 1.0%

Shares of CPB stock traded down $0.22 during mid-day trading on Wednesday, hitting $20.66. The company's stock had a trading volume of 5,920,595 shares, compared to its average volume of 8,532,382. Campbell's has a 52-week low of $20.62 and a 52-week high of $39.04. The business has a 50-day moving average price of $25.03 and a 200 day moving average price of $27.95. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.51 and a current ratio of 1.01. The stock has a market cap of $6.16 billion, a price-to-earnings ratio of 11.30 and a beta of 0.03.

Campbell's (NASDAQ:CPB - Get Free Report) last posted its quarterly earnings results on Wednesday, March 11th. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.06). Campbell's had a return on equity of 19.96% and a net margin of 5.48%.The business had revenue of $2.56 billion during the quarter. During the same period in the prior year, the company earned $0.74 EPS. Campbell's's revenue was down 4.5% on a year-over-year basis. Campbell's has set its FY 2026 guidance at 2.150-2.250 EPS. Research analysts predict that Campbell's will post 3.15 EPS for the current fiscal year.

Insider Transactions at Campbell's

In other Campbell's news, EVP Anthony Sanzio sold 2,700 shares of the business's stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $26.51, for a total transaction of $71,577.00. Following the completion of the sale, the executive vice president owned 25,264 shares of the company's stock, valued at approximately $669,748.64. The trade was a 9.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 19.78% of the company's stock.

Hedge Funds Weigh In On Campbell's

Hedge funds have recently made changes to their positions in the business. Stance Capital LLC bought a new position in Campbell's during the third quarter valued at approximately $27,000. Flagship Harbor Advisors LLC bought a new position in Campbell's during the fourth quarter valued at approximately $29,000. Sittner & Nelson LLC bought a new position in Campbell's during the fourth quarter valued at approximately $29,000. Los Angeles Capital Management LLC bought a new position in Campbell's during the fourth quarter valued at approximately $29,000. Finally, Ankerstar Wealth LLC bought a new position in Campbell's during the fourth quarter valued at approximately $29,000. Institutional investors own 52.35% of the company's stock.

Campbell's Company Profile

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.

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