Analysts cut Conagra Brands targets ahead of Q4 earnings

1 min read | Published on 06 Jul 2026, 10:48 PM |Updated on 06 Jul 2026, 10:48 PM

Reviewed by

Anirudha BScanX News Team

Key Highlights

Conagra Brands is preparing to announce its Q4 earnings on July 15, with projected EPS dropping to 46 cents from 56 cents year-over-year. Revenue is expected to rise to $2.89 billion from $2.78 billion. Multiple analysts have lowered price targets, and Bernstein downgraded the stock to Underperform.

*this image is generated using AI for illustrative purposes only.

Conagra Brands, Inc. will release its fourth quarter earnings report before the opening bell on Wednesday, July 15. Analysts expect the Chicago, Illinois-based company to report quarterly earnings of 46 cents per share, down from 56 cents per share in the year-ago period. The consensus estimate for Conagra Brands’ quarterly revenue is $2.89 billion, compared to $2.78 billion reported last year.

On April 1, Conagra Brands reported mixed third-quarter results and issued a cautious outlook. Shares of Conagra Brands rose 0.3% to close at $14.34 on Thursday.

Analyst Ratings and Price Targets

Several analysts have revised their ratings and price targets for Conagra Brands in the weeks leading up to the earnings report. The following table summarizes the recent actions taken by top forecasters:

Firm	Analyst	Rating	Price Target Change	Accuracy Rate
RBC Capital	Nik Modi	Sector Perform	Cut from $17 to $16	51%
Deutsche Bank	Steve Powers	Hold	Lowered from $14 to $12	65%
Evercore ISI Group	David Palmer	In-Line	Cut from $18 to $13	52%
JP Morgan	Thomas Palmer	Neutral	Cut from $17 to $14	50%
Bernstein	Alexia Howard	Underperform	Cut from $16 to $12	50%

Bernstein analyst Alexia Howard downgraded the stock from Market Perform to Underperform and cut the price target from $16 to $12 on June 3, 2026. Other analysts, including those from RBC Capital, Deutsche Bank, Evercore ISI Group, and JP Morgan, maintained their ratings but reduced their price targets between June 5 and June 25, 2026.

What factors are driving the expected decline in earnings per share despite projected revenue growth?

How will Conagra Brands address the cautious outlook issued during the third quarter in its upcoming report?

What impact could the recent analyst downgrades and lowered price targets have on investor sentiment?

RBC Capital lowers Conagra Brands target to $16

0 min read | Published on 18 Jun 2026, 11:01 PM |Updated on 25 Jun 2026, 10:00 PM

Reviewed by

Radhika SScanX News Team

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Key Highlights

RBC Capital analyst Nik Modi maintained a Sector Perform rating on Conagra Brands (NYSE: CAG) while reducing the price target to $16 from $17. The adjustment reflects a reassessment of the company's valuation and market position amidst a dynamic environment.

*this image is generated using AI for illustrative purposes only.

RBC Capital analyst Nik Modi has maintained a Sector Perform rating on Conagra Brands (NYSE: CAG) while lowering the price target to $16 from the previous $17. The revised target indicates a more conservative outlook on the stock's near-term potential.

The decision to lower the price target comes as the firm reassesses Conagra Brands' valuation and market position. Despite the reduction, the Sector Perform rating suggests that the analyst does not see significant upside or downside risk at current levels.

Conagra Brands, a major player in the packaged food industry, continues to face a dynamic market environment. The adjusted price target reflects updated expectations regarding the company's financial performance and strategic initiatives.

The following table summarizes the rating changes: