Update shared on25 Sep 2025
Fair value Decreased 1.70%Conagra Brands’ price target was revised slightly lower to $20.58 as analysts responded to weak Q4 results, underwhelming FY26 guidance, and persistent category headwinds, while maintaining a cautious outlook pending evidence of improved execution.
Analyst Commentary
- Company reported weak Q4 results and issued FY26 guidance that was well below consensus, with performance impacted by inflationary pressures and tariffs.
- Analysts cite ongoing slow growth in center store categories and market share losses for food producers as headwinds for Conagra.
- Bearish analysts point to Conagra’s heavy investment in brand support, supply chain flexibility, and volume recovery amid a difficult environment, viewing these as necessary but presenting near-term risk to results.
- Guidance for FY26 EPS is described as more realistic than conservative, but still materially below expectations and previous estimates.
- Most analysts maintain Neutral or equivalent ratings, emphasizing a "show-me" stance and the need for evidence of execution before turning more positive.
What's in the News
- Conagra Brands dropped from the FTSE All-World Index.
- Slim Jim partnered with Buffalo Wild Wings to launch two new chicken stick flavors, expanding into the growing chicken stick snack category.
- The company completed its previously announced share buyback program, having repurchased 136,247,984 shares (31.16%) for $4.2 billion; no repurchases occurred between February and May 2025.
- Conagra Brands issued fiscal 2026 guidance, expecting organic net sales growth to range from (1)% to 1% compared to fiscal 2025.
Valuation Changes
Summary of Valuation Changes for Conagra Brands
- The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from $20.93 to $20.58.
- The Consensus Revenue Growth forecasts for Conagra Brands has significantly fallen from -0.5% per annum to -0.6% per annum.
- The Future P/E for Conagra Brands has significantly fallen from 13.49x to 11.84x.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.