Analysts Slash Price Targets on The Campbell’s Company (CPB) Following Q1 2026 Results

The Campbell’s Company (NASDAQ:CPB) is among the 11 Most Oversold S&P 500 Stocks Heading into 2026. On December 9, the company reported financial results for the first quarter of fiscal 2026.

Net sales stood at $2.68 billion, declining 3% from the prior-year period due to lower volume and mix. The figure largely came in line with Wall Street’s expectations of $2.66 billion. The Goldfish crackers maker’s adjusted EPS came in at $0.77, beating estimates by four cents.

Gross profit dropped sharply from $867 million to $792 million, with adjusted gross profit margin decreasing 1.5% year-over-year to 29.9%, primarily because of inflation pressures, rising supply chain costs, and the impact of tariffs.

The Campbell’s Company (NASDAQ:CPB) reaffirmed its full-year guidance, with net sales expected to remain flat and annual adjusted EPS in the range of $2.40-$2.55.

Industry experts believe that the company’s maintenance of its earlier forecast for 2026 reiterated the broader challenges facing the packaged food sector, as consumers shift to cheaper, private alternatives due to rising prices.

Following the earnings call, several research firms, including Bernstein, Stifel, RBC Capital, and UBS, lowered the price targets for the stock. As of the close of business on December 10, Wall Street analysts have a consensus Hold rating for Campbell, with a one-year average share price target of $32.44, representing an upside of 14%.

The Campbell’s Company (NASDAQ:CPB) produces and markets affordable food and beverage products in the United States and globally. The stock is down 32% year-to-date.

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Disclosure: None.