Conagra Brands, Inc. (CAG)

Conagra Brands Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Conagra Brands stock have an average target of 27.6, with a low estimate of 25 and a high estimate of 31. The average target predicts an increase of 18.40% from the current stock price of 23.31.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$25	$27.6	$27	$31
Change	+7.25%	+18.40%	+15.83%	+32.99%

Analyst Ratings

The average analyst rating for Conagra Brands stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	1	1	0	0	0	0
Buy	1	1	1	1	1	1
Hold	6	7	8	9	9	9
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	9	9	10	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrew Lazar Barclays	Barclays	Buy Maintains $29 → $26	Buy	Maintains	$29 → $26	+11.54%	May 12, 2025
Ken Goldman JP Morgan	JP Morgan	Hold Maintains $26 → $25	Hold	Maintains	$26 → $25	+7.25%	May 6, 2025
Andrew Lazar Barclays	Barclays	Buy Maintains $27 → $32	Buy	Maintains	$27 → $32	+37.28%	Apr 7, 2025
Megan Alexander Morgan Stanley	Morgan Stanley	Hold Initiates $27	Hold	Initiates	$27	+15.83%	Mar 24, 2025
Ken Goldman JP Morgan	JP Morgan	Hold Maintains $29 → $26	Hold	Maintains	$29 → $26	+11.54%	Mar 6, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

11.82B

Decreased by -1.92%

from 12.05B

Revenue Next Year

12.00B

Increased by 1.51%

from 11.82B

EPS This Year

2.36

Increased by 227.76%

from 0.72

EPS Next Year

2.47

Increased by 4.50%

from 2.36

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	May 31, 2020	May 30, 2021	May 29, 2022	May 28, 2023	May 26, 2024	May 26, 2025	May 26, 2026	May 26, 2027
Revenue	11.05B	11.18B	11.54B	12.28B	12.05B	11.82B	12.00B	11.96B
Revenue Growth	15.89%	1.18%	3.14%	6.42%	-1.84%	-1.92%	1.51%	-0.35%
EPS	1.72	2.66	1.84	1.42	0.72	2.36	2.47	2.57
EPS Growth	12.73%	54.65%	-30.83%	-22.83%	-49.30%	227.76%	4.50%	4.18%
Forward PE	-	-	-	-	-	9.88	9.45	9.07
No. Analysts	-	-	-	-	-	21	21	14

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	12.3B	12.7B	12.6B
Avg	11.8B	12.0B	12.0B
Low	11.4B	11.3B	11.1B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	2.1%	7.2%	5.3%
Avg	-1.9%	1.5%	-0.4%
Low	-5.2%	-4.5%	-7.5%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	2.47	2.76	2.89
Avg	2.36	2.47	2.57
Low	2.25	2.27	2.35

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	242.7%	17.0%	17.1%
Avg	227.8%	4.5%	4.2%
Low	213.1%	-3.7%	-4.6%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.