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NYSE: CAG
Conagra Brands Inc Stock Forecast, Predictions & Price Target

Analyst price target for CAG

Based on 8 analysts offering 12 month price targets for Conagra Brands Inc.
Min Forecast
$28.00-1.06%
Avg Forecast
$30.38+7.33%
Max Forecast
$32.00+13.07%

Should I buy or sell CAG stock?

Based on 8 analysts offering ratings for Conagra Brands Inc.
Hold
Strong Buy
1 analysts 12.5%
Buy
0 analysts 0%
Hold
7 analysts 87.5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CAG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-01
lockedlocked$00.00+00.00%2023-12-11
lockedlocked$00.00+00.00%2023-10-09
lockedlocked$00.00+00.00%2023-10-09
lockedlocked$00.00+00.00%2023-10-06
RBC Capital
Bottom 3%
3
HoldMaintains$32.00+13.07%2023-10-06
Stifel Nicolaus
Top 22%
79
HoldMaintains$29.00+2.47%2023-10-06
TD Cowen
Top 7%
94
HoldInitiates Coverage On$32.00+13.07%2023-09-13

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Forecast return on equity

Is CAG forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
37.62%

Forecast return on assets

Is CAG forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

CAG revenue forecast

What is CAG's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$12.1B-0.66%
Avg 2 year Forecast
$12.2B+0.23%
Avg 3 year Forecast
$12.4B+2.12%
CAG's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CAG earnings growth forecast

How is CAG forecast to perform vs Packaged Foods companies and vs the US market?
Company
17.37%
Industry
69.6%
Market
21.53%
CAG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
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Forecast Earnings Growth vs Market Forecast
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Forecast Earnings Growth vs Savings Rate Forecast

CAG revenue growth forecast

How is CAG forecast to perform vs Packaged Foods companies and vs the US market?
Company
0.64%
Industry
2.57%
Market
10%
CAG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
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Forecast Revenue Growth vs Market Forecast

CAG vs Food Stocks

TickerPricePrice TargetUp/downsideConsensus
CAG$28.30$30.38+7.33%Hold
SJM$125.92$136.00+8.01%Buy
CPB$42.45$45.89+8.10%Hold
LW$102.67$127.80+24.48%Strong Buy
HRL$30.51$30.00-1.67%Sell

Conagra Brands Stock Forecast FAQ

Is Conagra Brands Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: CAG) stock is to Hold CAG stock.

Out of 8 analysts, 1 (12.5%) are recommending CAG as a Strong Buy, 0 (0%) are recommending CAG as a Buy, 7 (87.5%) are recommending CAG as a Hold, 0 (0%) are recommending CAG as a Sell, and 0 (0%) are recommending CAG as a Strong Sell.

If you're new to stock investing, here's how to buy Conagra Brands stock.

What is CAG's revenue growth forecast for 2024-2026?

(NYSE: CAG) Conagra Brands's forecast annual revenue growth rate of 0.64% is not forecast to beat the US Packaged Foods industry's average forecast revenue growth rate of 2.57%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10%.

Conagra Brands's revenue in 2024 is $12,171,900,000.On average, 6 Wall Street analysts forecast CAG's revenue for 2024 to be $5,780,004,772,239, with the lowest CAG revenue forecast at $5,751,241,775,689, and the highest CAG revenue forecast at $5,789,118,894,108. On average, 6 Wall Street analysts forecast CAG's revenue for 2025 to be $5,831,673,769,731, with the lowest CAG revenue forecast at $5,768,187,053,932, and the highest CAG revenue forecast at $5,867,989,723,728.

In 2026, CAG is forecast to generate $5,941,463,876,582 in revenue, with the lowest revenue forecast at $5,836,665,576,238 and the highest revenue forecast at $5,998,289,114,311.

What is CAG's forecast return on assets (ROA) for 2024-2027?

(NYSE: CAG) forecast ROA is N/A, which is lower than the forecast US Packaged Foods industry average of N/A.

What is CAG's Price Target?

According to 8 Wall Street analysts that have issued a 1 year CAG price target, the average CAG price target is $30.38, with the highest CAG stock price forecast at $32.00 and the lowest CAG stock price forecast at $28.00.

On average, Wall Street analysts predict that Conagra Brands's share price could reach $30.38 by Feb 1, 2025. The average Conagra Brands stock price prediction forecasts a potential upside of 7.33% from the current CAG share price of $28.30.

What is CAG's forecast return on equity (ROE) for 2024-2027?

(NYSE: CAG) forecast ROE is N/A, which is considered weak.
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