Campbell’s (NASDAQ:CPB) Updates FY 2027 Earnings Guidance

Posted by Francis Steltz on Sep 3rd, 2026

Campbell’s (NASDAQ:CPB – Get Free Report) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.650-1.800 for the period, compared to the consensus EPS estimate of 1.920. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

CPB has been the subject of several research analyst reports. DA Davidson raised Campbell’s to a “hold” rating in a report on Monday, July 6th. Morgan Stanley cut their target price on shares of Campbell’s from $23.00 to $21.00 and set an “equal weight” rating on the stock in a report on Friday, June 5th. JPMorgan Chase & Co. increased their price target on shares of Campbell’s from $20.00 to $22.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 18th. Royal Bank Of Canada reissued a “sector perform” rating and set a $21.00 price objective on shares of Campbell’s in a research report on Monday. Finally, William Blair initiated coverage on shares of Campbell’s in a research note on Tuesday, June 23rd. They issued a “market perform” rating on the stock. Thirteen analysts have rated the stock with a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $20.06.

Get Our Latest Report on Campbell’s

Campbell’s Price Performance

CPB stock traded down $1.65 on Thursday, reaching $22.13. 37,435,197 shares of the company’s stock were exchanged, compared to its average volume of 8,280,191. The stock has a fifty day moving average of $22.76 and a 200-day moving average of $22.41. The firm has a market cap of $6.60 billion, a PE ratio of 10.96, a P/E/G ratio of 2.41 and a beta of 0.03. The company has a quick ratio of 0.38, a current ratio of 0.87 and a debt-to-equity ratio of 1.53. Campbell’s has a twelve month low of $19.56 and a twelve month high of $34.17.

Campbell’s (NASDAQ:CPB – Get Free Report) last issued its earnings results on Thursday, September 3rd. The company reported $0.39 EPS for the quarter, hitting the consensus estimate of $0.39. The company had revenue of $2.14 billion for the quarter. Campbell’s had a net margin of 6.12% and a return on equity of 18.04%. Campbell’s’s revenue for the quarter was down 7.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.62 earnings per share. Campbell’s has set its FY 2027 guidance at 1.650-1.800 EPS. As a group, equities analysts predict that Campbell’s will post 2.18 EPS for the current fiscal year.

Campbell’s Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Thursday, October 1st will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $1.00 dividend on an annualized basis and a yield of 4.5%. Campbell’s’s dividend payout ratio (DPR) is 77.23%.

Key Campbell’s News

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

Positive Sentiment: Management announced a cost-reduction program targeting approximately $500 million in annual savings, with proceeds expected to support debt reduction and balance-sheet improvement. The company also highlighted growth in its Meals & Beverages business and the contribution from its La Regina acquisition. Campbell’s reports $9.7 billion full-year sales and cost plan
Neutral Sentiment: Campbell’s reported fiscal fourth-quarter adjusted EPS of $0.39 and revenue of approximately $2.14 billion. EPS was broadly in line with some consensus measures but below the $0.40 estimate cited by Zacks; revenue declined about 8% year over year. Campbell’s Reports Fourth Quarter Fiscal 2026 Results
Negative Sentiment: Profitability deteriorated sharply, with adjusted EPS falling from $0.62 to $0.39. Inflation, tariff-related supply-chain costs, unfavorable volume and mix, and a trademark impairment tied to the Cape Cod and Kettle brands pressured results. Weak Snacks demand offset improvement in Meals & Beverages. Campbell’s Q4 Earnings Miss Estimates as Inflation Pressures Margins
Negative Sentiment: The board cut the quarterly dividend by 36%, from $0.39 to $0.25 per share. Although the reduction is intended to accelerate debt repayment, it is a significant negative for income-focused shareholders and signals management is prioritizing financial repair. Campbell’s slashes dividend, with shares taking a hit
Negative Sentiment: Fiscal 2027 guidance calls for net sales to decline 2% to 4% and adjusted EPS of only $1.65 to $1.80, pointing to another difficult year amid pressured consumer spending and ongoing cost inflation. Campbell’s forecasts annual sales and profit below estimates

Hedge Funds Weigh In On Campbell’s

Several hedge funds and other institutional investors have recently bought and sold shares of CPB. Ankerstar Wealth LLC purchased a new stake in Campbell’s during the fourth quarter worth $29,000. Los Angeles Capital Management LLC purchased a new stake in shares of Campbell’s in the 4th quarter worth about $29,000. IFP Advisors Inc purchased a new stake in shares of Campbell’s in the 3rd quarter worth about $37,000. Geneos Wealth Management Inc. increased its holdings in Campbell’s by 333.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $39,000 after acquiring an additional 750 shares in the last quarter. Finally, McMillan Office Inc. acquired a new position in Campbell’s during the fourth quarter worth about $45,000. 52.35% of the stock is owned by institutional investors and hedge funds.

Campbell’s Company Profile

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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.