Morgan Stanley Has Lowered Expectations for Campbell's (NASDAQ:CPB) Stock Price

Key Points

• Morgan Stanley cut its price target on Campbell's from $30 to $28 and maintains an "equal weight" rating, implying roughly a 4.1% upside from current levels.
• Multiple brokers have trimmed targets or downgraded the stock (e.g., Sanford Bernstein to $33, Weiss Ratings to "sell", Wells Fargo/RBC to ~$30), and MarketBeat shows a consensus rating of "Reduce" with a $32.47 target.
• Campbell's shares trade near $26.90 with a market cap of $8.02B and a PE of ~13.9; management set FY2026 guidance at $2.40–$2.55 EPS while analysts expect about $3.15, and several insiders recently sold shares (insiders own ~19.8%).

Campbell's (NASDAQ:CPB - Get Free Report) had its target price cut by Morgan Stanley from $30.00 to $28.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has an "equal weight" rating on the stock. Morgan Stanley's target price would indicate a potential upside of 4.09% from the company's current price.

Several other analysts have also issued reports on CPB. Sanford C. Bernstein lowered their price target on shares of Campbell's from $39.00 to $33.00 and set an "outperform" rating on the stock in a research report on Wednesday, December 10th. Weiss Ratings downgraded shares of Campbell's from a "hold (c-)" rating to a "sell (d+)" rating in a report on Monday, January 5th. DA Davidson reissued a "neutral" rating and set a $30.00 target price on shares of Campbell's in a report on Thursday, December 11th. Wells Fargo & Company dropped their target price on Campbell's from $31.00 to $30.00 and set an "equal weight" rating on the stock in a research report on Wednesday, December 10th. Finally, Royal Bank Of Canada reduced their price target on Campbell's from $35.00 to $30.00 and set a "sector perform" rating for the company in a research report on Wednesday, December 10th. Three research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and six have assigned a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Reduce" and a consensus target price of $32.47.

Campbell's Stock Up 0.3%

Shares of NASDAQ CPB opened at $26.90 on Friday. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.82 and a quick ratio of 0.34. The stock has a market capitalization of $8.02 billion, a PE ratio of 13.94, a P/E/G ratio of 9.40 and a beta of -0.04. Campbell's has a one year low of $25.62 and a one year high of $43.85. The business's fifty day moving average price is $28.98 and its 200-day moving average price is $30.83.

Campbell's (NASDAQ:CPB - Get Free Report) last announced its quarterly earnings data on Tuesday, December 9th. The company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.04. Campbell's had a return on equity of 21.84% and a net margin of 5.69%.The company had revenue of $2.68 billion during the quarter. Campbell's's quarterly revenue was down 3.4% on a year-over-year basis. Campbell's has set its FY 2026 guidance at 2.400-2.550 EPS. On average, equities research analysts anticipate that Campbell's will post 3.15 EPS for the current year.

Insiders Place Their Bets

In other Campbell's news, EVP Anthony Sanzio sold 2,700 shares of the company's stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $26.51, for a total value of $71,577.00. Following the transaction, the executive vice president directly owned 25,264 shares in the company, valued at $669,748.64. This represents a 9.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Charles A. Brawley III sold 11,550 shares of the firm's stock in a transaction dated 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 sale, 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 position. The disclosure for this sale is available in the SEC filing. Company insiders own 19.78% of the company's stock.

Institutional Investors Weigh In On Campbell's

A number of institutional investors and hedge funds have recently bought and sold shares of CPB. ORG Partners LLC grew its stake in Campbell's by 1,570.4% in the 4th quarter. ORG Partners LLC now owns 26,844 shares of the company's stock worth $748,000 after buying an additional 25,237 shares in the last quarter. Fluent Financial LLC purchased a new position in Campbell's in the fourth quarter worth $6,173,000. Exchange Traded Concepts LLC increased its stake in Campbell's by 7.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 9,035 shares of the company's stock valued at $252,000 after acquiring an additional 637 shares during the last quarter. Czech National Bank raised its position in Campbell's by 3.7% during the fourth quarter. Czech National Bank now owns 51,810 shares of the company's stock valued at $1,444,000 after purchasing an additional 1,835 shares in the last quarter. Finally, SG Americas Securities LLC lifted its stake in Campbell's by 23.4% during the fourth quarter. SG Americas Securities LLC now owns 63,987 shares of the company's stock worth $1,783,000 after purchasing an additional 12,114 shares during the last quarter. 52.35% of the stock is owned by hedge funds and other institutional investors.

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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