Stifel Nicolaus Issues Pessimistic Forecast for Conagra Brands (NYSE:CAG) Stock Price

Conagra Brands (NYSE:CAG) had its target price decreased by investment analysts at Stifel Nicolaus from $19.00 to $17.00 in a research note issued on Thursday,MarketScreener reports. The firm presently has a “hold” rating on the stock. Stifel Nicolaus’ target price points to a potential upside of 9.43% from the company’s previous close.

Several other analysts also recently weighed in on CAG. Wells Fargo & Company reduced their target price on Conagra Brands from $15.00 to $14.00 and set an “underweight” rating for the company in a report on Thursday. Evercore cut their price target on Conagra Brands from $19.00 to $18.00 in a research report on Thursday. Sanford C. Bernstein reduced their price objective on Conagra Brands from $18.00 to $16.00 and set a “market perform” rating for the company in a research note on Thursday. UBS Group reiterated a “neutral” rating and issued a $20.00 price objective on shares of Conagra Brands in a research note on Friday, February 13th. Finally, Morgan Stanley decreased their price objective on Conagra Brands from $19.00 to $17.00 and set an “equal weight” rating for the company in a report on Thursday. Two analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $16.53.

Conagra Brands Trading Down 1.2%

NYSE CAG opened at $15.54 on Thursday. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.89 and a quick ratio of 0.28. The firm’s fifty day moving average price is $17.84 and its 200 day moving average price is $17.76. The company has a market capitalization of $7.43 billion, a price-to-earnings ratio of -70.61 and a beta of 0.04. Conagra Brands has a 12 month low of $15.03 and a 12 month high of $27.68.

Conagra Brands (NYSE:CAG) last announced its quarterly earnings results on Wednesday, April 1st. The company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.01). The company had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Conagra Brands had a negative net margin of 0.87% and a positive return on equity of 10.59%. Conagra Brands’s revenue was down 1.9% on a year-over-year basis. During the same period last year, the firm earned $0.51 earnings per share. On average, sell-side analysts expect that Conagra Brands will post 2.35 earnings per share for the current fiscal year.

Institutional Trading of Conagra Brands

A number of hedge funds have recently added to or reduced their stakes in CAG. Wealth Enhancement Advisory Services LLC raised its stake in shares of Conagra Brands by 45.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 342,942 shares of the company’s stock worth $6,485,000 after purchasing an additional 106,891 shares during the last quarter. AE Wealth Management LLC increased its stake in Conagra Brands by 13.7% in the 3rd quarter. AE Wealth Management LLC now owns 720,093 shares of the company’s stock valued at $13,185,000 after buying an additional 86,604 shares during the period. JPMorgan Chase & Co. increased its stake in Conagra Brands by 15.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,021,478 shares of the company’s stock valued at $55,323,000 after buying an additional 408,597 shares during the period. AIA Group Ltd raised its position in Conagra Brands by 238.9% during the 3rd quarter. AIA Group Ltd now owns 205,954 shares of the company’s stock worth $3,771,000 after buying an additional 145,191 shares during the last quarter. Finally, Alps Advisors Inc. acquired a new stake in shares of Conagra Brands in the 3rd quarter worth $7,310,000. 83.75% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Conagra Brands

Here are the key news stories impacting Conagra Brands this week:

• Positive Sentiment: Revenue slightly beat estimates and the company reported organic sales growth driven by stronger frozen and snacks volumes, evidence that core categories remain resilient. Conagra Q3 Earnings Miss Estimates Despite Organic Sales Growth
• Positive Sentiment: Management highlighted volume growth and category strength on the earnings call, helping some investors see a path to margin recovery if inflation eases. Conagra Brands Inc (CAG) Q3 2026 Earnings Call Highlights: Strong Volume Growth Amid Inflation …
• Neutral Sentiment: Market commentators and value investors point to a high dividend yield (~9% reported) and technical support at recent lows, which can stabilize the stock despite fundamental headwinds. 3 Signs Now is a Good Time to Buy Conagra Stock
• Negative Sentiment: EPS missed consensus ($0.39 vs $0.40) and margins contracted year‑over‑year, raising near‑term profitability concerns. Conagra Q3 earnings report summary
• Negative Sentiment: Management narrowed and lowered its full‑year profit guidance, citing rising costs — a primary driver of the stock weakness. Conagra Brands expects weak annual profit on rising costs
• Negative Sentiment: Analysts adjusted expectations: Jefferies cut its price target to $15 and several boutiques signaled caution, keeping downward pressure on sentiment. Jefferies adjusts price target on Conagra Brands to $15
• Negative Sentiment: Coverage pieces note broad analyst skepticism relative to peers and some price targets below the stock, amplifying selling pressure after mixed results. What Wall Street Expects From These 3 Food Giants After Mixed Earnings

About Conagra Brands

Conagra Brands, Inc is a leading packaged foods company based in Chicago, Illinois, with a broad portfolio of shelf-stable, frozen and refrigerated foods marketed under familiar brands. The company develops, produces and distributes a wide range of consumer food products, serving both retail grocery and foodservice channels. Conagra’s product lineup includes frozen entrees, snacks, condiments, baking goods and desserts, providing convenient meal solutions for consumers across North America and select international markets.

Among its well-known brands are Birds Eye, Healthy Choice, Lean Cuisine, Marie Callender’s and Banquet in the frozen foods category, as well as Hunt’s sauces, Orville Redenbacher’s popcorn, Slim Jim meat snacks and Reddi-wip toppings.