Conagra Brands (CAG) Stock Overview
Operates as a consumer packaged goods food company primarily in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
CAG Community Fair Values
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Analyst Price Targets
Conagra Brands, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$13.34 |
| 52 Week High | US$22.55 |
| 52 Week Low | US$12.53 |
| Beta | -0.042 |
| 1 Month Change | -4.24% |
| 3 Month Change | -17.50% |
| 1 Year Change | -40.37% |
| 3 Year Change | -61.83% |
| 5 Year Change | -63.98% |
| Change since IPO | 4,367.37% |
Recent News & Updates
Narrative Update • Jun 03
CAG: Future Margin Discipline And Cash Flow Conversion Will Support Re Rating
Analysts have reduced the Conagra Brands fair value estimate by about $0.59 to $15.42. This reflects lower Street price targets in the $13 range as expectations are reset around softer demand, inflation pressures, and modestly adjusted growth and margin assumptions.Seeking Alpha • May 18
Conagra Brands: This Selloff Has Gone Too Far, I'm Buying (Rating Upgrade)
Summary I upgrade Conagra Brands to Strong Buy, backed by an irrationally high margin of safety and significant turnaround potential. CAG's narrowed guidance, robust FCF conversion (~105%), and accelerated net debt reduction ($800M) reinforce its financial position in a tough macro setting. Portfolio optimization, Project Catalyst, and a new CEO from SJM position CAG for enhanced operational efficiency and strategic adaptation. Despite macro risks, private label competition, and regulatory uncertainties, CAG's strong yield and undervaluation offer compelling risk-reward. Read the full article on Seeking AlphaNarrative Update • May 16
CAG: Future Cash Flow Conversion And Margin Discipline Will Support Upside Potential
Conagra Brands' analyst price target has been revised down by $2.75 to $16.01 as analysts factor in a lower fair value estimate, a slightly higher discount rate, modestly softer profit margin and P/E assumptions, and recent waves of target cuts and rating changes across the Street. Analyst Commentary Recent research on Conagra Brands clusters around two clear themes.Recent updates
Narrative Update • Jun 03
CAG: Future Margin Discipline And Cash Flow Conversion Will Support Re Rating
Analysts have reduced the Conagra Brands fair value estimate by about $0.59 to $15.42. This reflects lower Street price targets in the $13 range as expectations are reset around softer demand, inflation pressures, and modestly adjusted growth and margin assumptions.Seeking Alpha • May 18
Conagra Brands: This Selloff Has Gone Too Far, I'm Buying (Rating Upgrade)
Summary I upgrade Conagra Brands to Strong Buy, backed by an irrationally high margin of safety and significant turnaround potential. CAG's narrowed guidance, robust FCF conversion (~105%), and accelerated net debt reduction ($800M) reinforce its financial position in a tough macro setting. Portfolio optimization, Project Catalyst, and a new CEO from SJM position CAG for enhanced operational efficiency and strategic adaptation. Despite macro risks, private label competition, and regulatory uncertainties, CAG's strong yield and undervaluation offer compelling risk-reward. Read the full article on Seeking AlphaNarrative Update • May 16
CAG: Future Cash Flow Conversion And Margin Discipline Will Support Upside Potential
Conagra Brands' analyst price target has been revised down by $2.75 to $16.01 as analysts factor in a lower fair value estimate, a slightly higher discount rate, modestly softer profit margin and P/E assumptions, and recent waves of target cuts and rating changes across the Street. Analyst Commentary Recent research on Conagra Brands clusters around two clear themes.
Narrative Update • May 02
CAG: Cash Generation And Guidance Reaffirmation Will Support Future Re Rating
Analysts have reduced the implied fair value for Conagra Brands to about $20.52 from $22.48, reflecting a series of lower Street price targets alongside updated assumptions for revenue growth, profit margins, P/E multiples, and a slightly higher discount rate. Analyst Commentary Recent Street research on Conagra Brands shows a cluster of reduced price targets, offset by a smaller group of more constructive calls.
Narrative Update • Apr 17
CAG: Higher Leverage And Tight Dividends Will Shape Cautious Future Returns
Analysts have trimmed their average price target on Conagra Brands, with reductions from multiple firms resulting in a lower consolidated target in the low to mid $10s. They cite valuation concerns, slightly softer revenue growth assumptions, and sector wide caution on earnings and leverage, even as profit margin expectations edge higher and the assumed future P/E multiple shifts modestly.Narrative Update • Apr 03
CAG: Higher Leverage And Tight Dividends Will Pressure Future Share Returns
Analysts have trimmed the Conagra Brands fair value estimate to $14.00 from $17.00, reflecting a series of reduced Street price targets as they factor in updated assumptions for growth, profitability, and a lower future P/E multiple. Analyst Commentary Street research around Conagra Brands has turned more cautious, with a series of price target cuts pointing to increased scrutiny on valuation, execution, and growth assumptions.Narrative Update • Mar 19
CAG: Future Cash Flow And Margin Discipline Will Drive Upside Potential
The updated analyst price target for Conagra Brands reflects a modest trim in fair value to about $18.75 from roughly $19.05, as analysts factor in slightly higher discount rates, a small pullback in profit margin assumptions, and a marginally lower future P/E multiple, even as some recent research has modestly adjusted estimates and price targets across the packaged food peer group. Analyst Commentary Recent research on Conagra Brands reflects a split view, with some firms trimming ratings and targets while others highlight reaffirmed guidance and modest estimate boosts relative to packaged food peers.Narrative Update • Mar 05
CAG: Impairment Resets And Stronger Cash Conversion Will Support Future Re Rating
The updated analyst price target for Conagra Brands reflects a modestly higher fair value estimate of about $22.48. This figure is supported by analysts' refreshed views on revenue growth, profit margins, and modest estimate increases following recent sector conferences and research updates.Narrative Update • Feb 18
CAG: Fair Value View Will Hinge On Cash Flow And Margin Execution
Analysts have nudged their price targets on Conagra Brands higher, with moves such as Morgan Stanley's shift from $18 to $19 and Wells Fargo's move from $18 to $20. They cited modest estimate revisions after recent CAGNY conference updates and Conagra's reaffirmed guidance with stronger free cash flow conversion expectations.Narrative Update • Feb 04
CAG: Fair Value View Will Rely On Margin Execution And Cash Returns
Analysts have reduced their price target on Conagra Brands by roughly US$1. This reflects updated views on fair value, discount rates, revenue growth, profit margins, and future P/E assumptions cited in recent research.Narrative Update • Jan 21
CAG: Impairment Resets Will Support Future Margin And Earnings Multiple Recovery
Analysts have slightly lowered their price target for Conagra Brands, trimming it by about US$0.50 as they factor in updated fair value estimates, a modestly higher discount rate, and revised assumptions around revenue growth, profit margins, and future P/E. Analyst Commentary Recent Street research on Conagra Brands points to a more nuanced stance, with some analysts trimming targets but still highlighting reasons to stay constructive on the story.Narrative Update • Jan 07
CAG: Impairment Charges Will Set Stage For Stronger Profitability Ahead
Analysts have trimmed their price target on Conagra Brands to about US$22.72 from roughly US$25.53, reflecting updated assumptions around revenue growth, profit margins, discount rates, and future P/E expectations. What's in the News Conagra Brands reported US$968 million in non cash goodwill and brand impairment charges for the second quarter ended November 23, 2025, tied to a sustained decline in the company’s share price and market capitalization (Key Developments).Narrative Update • Dec 23
CAG: Future Returns Will Balance Margin Improvements With Modest Revenue Headwinds
Analysts have trimmed their price target on Conagra Brands by approximately $1 per share. They cited a slightly higher discount rate and lower expected revenue contraction, partially offset by improved profit margin forecasts and a lower anticipated future P/E multiple.Narrative Update • Dec 09
CAG: Share Repurchases Will Support Future Upside Despite Modest Revenue Outlook
Analysts have slightly adjusted their price target on Conagra Brands upward to approximately $20.22 per share. This change reflects modest tweaks to their discount rate, long term revenue expectations, and projected profitability and valuation multiples.Narrative Update • Nov 25
CAG: Share Repurchases And Guidance Reaffirmation Will Drive Future Upside Potential
Analysts have slightly lowered their price target for Conagra Brands from $20.58 to $20.22, citing adjustments in projected revenue growth and profit margins. What's in the News Conagra Brands completed the repurchase of 783,450 shares for $15 million, bringing total buybacks to over 137 million shares since 2010 (Key Developments).Analysis Article • Oct 28
Conagra Brands (NYSE:CAG) Has Announced A Dividend Of $0.35
Conagra Brands, Inc.'s ( NYSE:CAG ) investors are due to receive a payment of $0.35 per share on 26th of November. This...Analysis Article • Oct 03
Conagra Brands (NYSE:CAG) Will Pay A Dividend Of $0.35
The board of Conagra Brands, Inc. ( NYSE:CAG ) has announced that it will pay a dividend of $0.35 per share on the 26th...Narrative Update • Sep 25
Stable Supply Chains And Productivity Will Deliver Future Success
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.Narrative Update • Aug 27
Stable Supply Chains And Productivity Will Deliver Future Success
Analysts have lowered Conagra Brands’ price target to $20.93, citing weak Q4 results, a disappointing FY26 outlook, and persistent inflationary and demand headwinds that outweigh positive brand investments. Analyst Commentary Bearish analysts cite Conagra’s weak Q4 performance and an FY26 outlook that misses Street estimates, prompting widespread price target reductions.Analysis Article • Jul 12
Conagra Brands' (NYSE:CAG) Dividend Will Be $0.35
Conagra Brands, Inc.'s ( NYSE:CAG ) investors are due to receive a payment of $0.35 per share on 28th of August. Based...Analysis Article • Jul 04
Why Investors Shouldn't Be Surprised By Conagra Brands, Inc.'s (NYSE:CAG) P/E
With a price-to-earnings (or "P/E") ratio of 30.4x Conagra Brands, Inc. ( NYSE:CAG ) may be sending very bearish...Analysis Article • Jun 19
We Think Conagra Brands (NYSE:CAG) Is Taking Some Risk With Its Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Seeking Alpha • Apr 27
Conagra Brands: Changing Markets And Stagnated Growth Ask For A Sell
Summary Conagra Brands has seen a significant decline, with a 25.78% drop since 2020, and is rated as a SELL due to stagnated financial growth. The company's recent Q3 earnings were disappointing, with revenue down 6.30% YOY and all major segments showing declines. Despite a high dividend yield of 5.55%, the dividend growth is unsustainable given the low FCF CAGR and above 50.00% payout ratio. Conagra is overvalued with an intrinsic value of $19.45, 22.14% lower than its current price, indicating low future potential. Read the full article on Seeking AlphaSeeking Alpha • Apr 11
Conagra Brands: Likely To Miss FY26 EPS Estimates
Summary I give a 'Sell' rating for Conagra Brands due to expected margin pressures from tariffs and input cost inflation, risking earnings growth. CAG's 3Q25 earnings were weak, with organic sales declining 5.2% y/y and gross margin contracting by 390 bps y/y to 24.8%. Tariffs on key inputs like tinplate steel and palm oil pose significant risks, with limited time for the Company to mitigate these impacts. Despite trading at a low 10x forward P/E, I believe the market underestimates the tariff impact, posing downside risks to earnings and valuation. Read the full article on Seeking AlphaSeeking Alpha • Mar 23
Conagra: Continued Headwinds But With An Attractive Valuation And Solid Dividend Yield
Summary Conagra Brands has continued to face increasing pressures, including inflation, weight loss trends, and regulatory pressures. The company has cut its earnings outlook for FY 2025 on the back of these headwinds. Despite challenges, Conagra's valuation is attractive, with a dividend yield of around 5.5%. Read the full article on Seeking AlphaSeeking Alpha • Jan 31
Conagra: High-Yield Turnaround Trading At A Deep Discount
Summary Conagra Brands offers a high 5.4% dividend yield, well-covered by a 55% payout ratio, presenting an attractive entry point for value and income investors. Despite recent challenges, CAG shows signs of a turnaround with improving shipment volumes, organic sales growth, and a rising market share in its portfolio. CAG's focus on innovation, such as the GLP-1-friendly Healthy Choice line, positions it well to capitalize on emerging consumer trends and drive future growth. Trading at a discounted forward PE of 10.6 compared to its historical average of 15.8, CAG presents a promising candidate for potential market-beating total returns. Read the full article on Seeking AlphaSeeking Alpha • Dec 20
Conagra Brands: Still A Buy For Income
Summary Conagra Brands remains a strong dividend-paying stock, yielding 5.3%, despite recent stagnation and inflationary pressures affecting the food industry. Recent earnings beat estimates with $3.2 billion in revenue, showing stabilizing volumes and a slight increase in organic net sales. Segment performance varied, with gains in Grocery & Snacks but declines in Refrigerated & Frozen, International, and Foodservice segments. Guidance updated with organic net sales expected to be flat to down 1.5% and adjusted EPS at $2.47. Read the full article on Seeking AlphaSeeking Alpha • Dec 11
Conagra Brands: 11% FCF Yield, Attractive At A 10-11x P/E Heading Into Earnings
Summary Consumer Staples stocks, including Conagra Brands, have underperformed relative to the S&P 500, with depressed P/E multiples among many blue-chip names. I rate Conagra Brands as a buy, seeing it undervalued despite technical chart issues and recent disappointing quarterly earnings. Key risks include rising interest rates, food commodity inflation, and a weaker global macroeconomic environment, but CAG's high free cash flow yield is a positive. Technically, CAG holds long-term support at $25 with potential for a rally to $33, contingent on improved RSI momentum and easing inflation pressures. Read the full article on Seeking AlphaSeeking Alpha • Sep 30
Conagra: Keeping My Expectations Low Ahead Of Earnings
Summary Conagra Brands, Inc.'s Grocery & Snacks and Refrigerated & Frozen segments are the main drivers of revenue and adjusted EBIT performance. My analysis focuses mainly on the revenue dynamics of these units. Revenues are pressured by volume and pricing pressures, present across all major segments. Volume growth in Frozen is driven by pricing reductions, which contradicts management's pricing outlook for FY25. Conagra's execution is patchy; the company has missed on revenue results and also lowered guidance expectations. Management has warned that Q1 FY25 is seasonally weak. I'm looking for optimism in Q2. 1-yr fwd P/Es are discounted vs. history and are also trading at a larger than usual discount vs. comps, making a case for multiple reversions and upside. Relative to the S&P500, CAG is in a broader monthly and quarterly downtrend. There may be some incremental upside, but I anticipate eventual underperformance to continue. Read the full article on Seeking AlphaShareholder Returns
| CAG | US Food | US Market | |
|---|---|---|---|
| 7D | 6.0% | 2.3% | -4.1% |
| 1Y | -40.4% | -4.3% | 20.6% |
Return vs Industry: CAG underperformed the US Food industry which returned -4.3% over the past year.
Return vs Market: CAG underperformed the US Market which returned 20.6% over the past year.
Price Volatility
| CAG volatility | |
|---|---|
| CAG Average Weekly Movement | 4.3% |
| Food Industry Average Movement | 5.7% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: CAG has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: CAG's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1919 | 18,300 | John Brase | www.conagrabrands.com |
Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates in four segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels.
Conagra Brands, Inc. Fundamentals Summary
| CAG fundamental statistics | |
|---|---|
| Market cap | US$6.29b |
| Earnings (TTM) | -US$43.30m |
| Revenue (TTM) | US$11.18b |
0.6x
P/S Ratio-147.4x
P/E RatioIs CAG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CAG income statement (TTM) | |
|---|---|
| Revenue | US$11.18b |
| Cost of Revenue | US$8.47b |
| Gross Profit | US$2.71b |
| Other Expenses | US$2.76b |
| Earnings | -US$43.30m |
Last Reported Earnings
Feb 22, 2026
Next Earnings Date
Jul 15, 2026
| Earnings per share (EPS) | -0.091 |
| Gross Margin | 24.28% |
| Net Profit Margin | -0.39% |
| Debt/Equity Ratio | 89.8% |
How did CAG perform over the long term?
See historical performance and comparisonDividends
10.5%
Current Dividend Yield-1,548%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/10 03:51 |
| End of Day Share Price | 2026/06/10 00:00 |
| Earnings | 2026/02/22 |
| Annual Earnings | 2025/05/25 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Conagra Brands, Inc. is covered by 32 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Lazar | Barclays |
| Donald McLee | Berenberg |
| Alexia Howard | Bernstein |