Conagra Brands, Inc. (CAG) Stock Price, News, Analysis

Technical Score (1D)

SELL

News Sentiment

MIXED

Deutsche Bank has just lifted its price target for Conagra Brands from $12 to $13, a modest 8 % bump that signals a slight uptick in confidence about the company’s near‑term earnings. The upgrade comes while the bank keeps a hold rating, indicating it does not see a dramatic shift in risk profile. The price‑target lift suggests that analysts expect incremental revenue or margin improvement in the next quarter, likely driven by the firm’s ongoing menu innovation and cost‑control initiatives. For traders, this could translate into a short‑term upward bias as the market digests the new target, especially if Conagra’s earnings guidance remains unchanged. The change is unlikely to trigger a large swing on its own, but it does reinforce a narrative that the company’s fundamentals are steady and that there is room for modest upside. Watch for the upcoming earnings release in the next few trading days to see whether the company can deliver the earnings growth that prompted the target increase. Also keep an eye on any updates to the company’s cost‑management plans or supply‑chain adjustments, as these could materially affect the near‑term outlook. Finally, monitor broader market sentiment around the food‑processing sector, as a shift in risk appetite could amplify or dampen the impact of this modest target lift.

CAG|Analyst Targets

LOW TARGET

$12 -20.7%

7 analysts

MEAN TARGET

$14 -5.2%

17 analysts

HIGH TARGET

$23 +52.0%

2 analysts

PRICE RANGE

$12.00 - $23.00

SB / B / H / S / SS

1/1/14/8/2

DAILYIQ EST.

$12.68 (-16.2%)

CAG|Company Info

Sector

Consumer Defensive

Industry

Packaged Foods

Exchange

NYQ

Country

United States

Website

conagrabrands.com

Symbol

CAG

Description

Conagra Brands is a leading consumer packaged goods company, primarily serving the U.S. market with a diverse portfolio of food products. The company's core business revolves around providing shelf-stable, refrigerated, and frozen food items to consumers through various retail channels, alongside international sales and foodservice offerings. Conagra's value proposition lies in its broad brand recognition, encompassing well-known names like Birds Eye, Marie Callender's, and Slim Jim, allowing it to capture significant market share. Its competitive advantage stems from its multi-segment approach, catering to diverse consumer preferences and distribution channels, from grocery stores to restaurants. Established in 1919 and headquartered in Chicago, Conagra Brands has a long-standing history in the food industry.

CAG|Insider Trading

Bought (1Y)

35,000 shares

$511K

Sold (1Y)

142,995 shares

$2.1M

MARSHALL RUTH ANN-

Award/Grant1,629.42 shares2026-09-01

Bartell CareyEVP, GC and Corp. Secretary

Option Exercise5,481 shares2026-07-24

Bartell CareyEVP, GC and Corp. Secretary

Tax Withholding2,429 shares2026-07-24

Bartell CareyEVP, GC and Corp. Secretary

Option Exercise5,481 shares2026-07-24

Brock CharisseEVP, Chief HR Officer

Option Exercise5,481 shares2026-07-24

CAG|Fundamentals

Bearish

Verdict: Bearish

✕Revenue declining year over year

✕Negative net margin

✓Positive operating cash flow

Gross Margin

23.9%

Net Margin

-17.0%

Revenue CAGR

0.0%

Current Ratio

0.90x

Debt / Equity

1.14x

Return on Equity

-30.1%

CAG|Earnings Snapshot

Earnings Summary

Conagra Brands, a leading consumer packaged goods company headquartered in Chicago, specializes in shelf‑stable, refrigerated, and frozen food products distributed across U.S. retail and foodservice channels, leveraging well‑known brands such as Birds Eye and Slim Jim. Operating within the consumer defensive sector, Conagra benefits from steady demand for packaged foods while navigating cost pressures and shifting consumer preferences. In the most recent two quarters, Q3 2026 revenue fell to $2.7878 billion from $2.8677 billion in Q3 2025, a 3.2% decline, while EPS dipped to $0.39 from $0.4717, a 17% drop; conversely, Q4 2025 revenue rose to $2.9791 billion from $2.8416 billion in Q4 2024, and EPS increased to $0.45 from $0.4361, indicating a modest acceleration. Across the last four quarters, Conagra has consistently beat revenue estimates in three quarters (Q3 2025, Q4 2025, Q2 2026) but missed EPS in two (Q3 2026, Q1 2027 forecasted). Historically, the company has shown a YoY revenue growth trajectory that has slowed in recent years, with a 2.9% decline in 2025 and a 10.2% drop in gross profit due to impairment charges, yet it has maintained operating margin resilience. The pattern of revenue beats coupled with EPS misses suggests that while sales remain relatively stable, profitability is under pressure from cost and impairment factors. Recent news highlights Deutsche Bank’s modest price‑target lift to $13, reflecting confidence in incremental revenue or margin improvement driven by menu innovation and cost‑control initiatives, and Conagra’s launch of GLP‑1 friendly labels that have produced a modest sales lift amid broader demand challenges; these developments underscore the company’s focus on product differentiation and cost management. Investors should watch for the Q1 2027 earnings release to assess whether the GLP‑1 labeling, cost‑control measures, and dividend adjustment translate into sustained revenue and margin improvement, and monitor any updates to supply‑chain investments that could influence cost structures in the near term.

Read full report

EPS

EstBeatMiss

Qtr	Est	Actual	+/−
Q1'27	$0.28	-	-
Q3'26	$0.47	$0.39	-17.3%
Q2'26	$0.40	$0.45	+12.7%
Q4'25	$0.44	$0.45	+3.2%
Q3'25	$0.33	$0.39	+17.4%
Q2'25	$0.58	$0.56	-3.6%

Revenue

EstBeatMiss

Qtr	Est	Actual	+/−
Q1'27	$2.6B	-	-
Q3'26	$2.9B	$2.8B	-2.8%
Q2'26	$2.8B	$3.0B	+7.9%
Q4'25	-	$3.0B	-
Q3'25	-	$2.6B	-
Q2'25	-	$2.8B	-

Full Earnings BreakdownEstimates, actuals, guidance, and historical context

→

CAG|Monthly Returns

Market Data

CAG Stock Snapshot

HOLD36/100

$15.13+$0.01 (0.1%)

Market cap: 7.19B
Day range: $14.96 – $15.26
News sentiment: 53/100 · Neutral
Analyst target: $14.35 (-5.2%)
Consensus: Hold · 26 analysts

52-week range+20.8% off low · -25.5% from high

$12.53$20.32

Price $15.13 DailyIQ Est. $12.68

CAG is in a holding pattern - neither trend nor momentum has taken control. At this size, a single catalyst moves the stock further than it would a larger peer.

Reverse DCF

What growth is priced into CAG?

CHEAP

At today's price, Conagra Brands, Inc. needs to grow free cash flow about -11.2% a year for the next 10 years to justify its valuation at a 6.25% cost of capital. Over its actual history it has compounded free cash flow at 1.3% a year, so the market is asking for 12.5 percentage points below its own delivered rate. On that basis CAG looks priced below what its own growth record supports.

Implied FCF growth: -11.2%
Historical FCF CAGR: 1.3%
Growth gap: -12.5 pts
Verdict: CHEAP
Discount rate (WACC): 6.25%
Beta: 0.37

Behaviour On Record

What CAG's own history says about today's numbers

Realized volatility (21d): 22.8% 58th pct
Below its peak: -63.5%
vs 200-day average: -4.2%
Up days (1y): 45%

Conagra Brands, Inc. is currently running 22.8% annualised volatility over the last 21 sessions. Measured against CAG's own 13 years of daily returns rather than a market-wide average, that is the 58th percentile — close to its own typical level, against a typical reading of 21.0%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.

CAG is trading -63.5% below its running peak. Across 12 full years on file, its median worst-drawdown-in-a-year was -20.8%, and the deepest was -46.2% in 2018. The current drawdown is already deeper than this stock's typical annual low point, which puts it in the part of its range where past recoveries began — and where past declines also continued.

Price sits -4.2% from its 200-day moving average. Against every other day in its history, that gap ranks at the 33rd percentile — close to the gap it normally carries. Over the past year CAG closed higher on 45% of sessions, and it is currently 1 session into a falling streak.

On September specifically: over 13 years of records, CAG finished the month higher 6 of 13 times, with a median return of -0.9% and an average of -1.0%. Its strongest month historically has been March at +3.2% on average, its weakest June at -1.9%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.

Overnight risk is measurable too: CAG has opened more than 2% away from the prior close in 63 of 3,268 sessions (1.9% of the time), with the largest gaps running +21.0% and -7.4%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

All figures computed from 3,269 daily closes between 2013-09-19 and 2026-09-18, split-adjusted, recomputed daily. Percentiles are against CAG's own 13-year history, not a peer group or index.

Sector Rotation

Is money rotating into or out of CAG's sector?

Conagra Brands, Inc. sits in the Consumer Staples sector, currently ranked 6th of 11 GICS sectors by relative-strength rotation score (improving).

Sector rank: #6 of 11
Sector state: Improving
Sector rotation score: 60

Options Market

What is the options market pricing for CAG?

CallsPuts

For Conagra Brands, Inc.'s nearest expiry (2026-09-25, 6 days out), open interest is put-heavy, a defensive/bearish tilt (put/call ratio of 2.20), with at-the-money implied volatility around 39.8%. The options market is pricing roughly a ±5.7% move by that expiry — a range of about $14.26–$16.00.

Put/call ratio (2026-09-25): 2.20
ATM implied volatility: 39.8%
Total open interest: 8,930
Expected move by 2026-09-25: ±5.7% ($14.26–$16.00)

Analyst Rating Changes

Are analysts turning bullish or bearish on CAG?

Deutsche Bank most recently reiterated its rating on Conagra Brands, Inc. to Hold on Sep 18, 2026 with a price target of $13 (from $12). Over the last 90 days, coverage has run 0 upgrades against 0 downgrades, a net mixed lean.

Latest action: Deutsche Bank — Hold
90-day upgrades: 0
90-day downgrades: 0
Net rating momentum: 0

Date	Firm	Action	Rating	Price target
Sep 18, 2026	Deutsche Bank	Maintained	Hold	$12 → $13
Sep 14, 2026	Evercore ISI Group	Maintained	In-Line	$13 → $13
Jul 17, 2026	Barclays	Maintained	Overweight	$16 → $17
Jul 16, 2026	JP Morgan	Maintained	Neutral	$14 → $15
Jul 16, 2026	UBS	Maintained	Neutral	$13 → $14
Jul 16, 2026	RBC Capital	Maintained	Sector Perform	$16 → $14
Jul 8, 2026	Barclays	Maintained	Overweight	$18 → $16
Jun 25, 2026	RBC Capital	Maintained	Sector Perform	$17 → $16
Jun 18, 2026	Deutsche Bank	Maintained	Hold	$14 → $12
Jun 10, 2026	Evercore ISI Group	Maintained	In-Line	$18 → $13
Jun 5, 2026	Morgan Stanley	Maintained	Equal-Weight	$15 → $13
Jun 5, 2026	JP Morgan	Maintained	Neutral	$17 → $14

CAG Competitive Positioning

Conagra Brands, Inc. (CAG) is tracked alongside these names in Packaged Foods on DailyIQ — ranked by market cap, with today's move alongside.

CAGyou're hereConagra Brands, Inc.$7.2B+0.07%
KHCThe Kraft Heinz Company$29.3B+0.04%
GISGeneral Mills, Inc.$19.6B+0.33%
HRLHormel Foods Corporation$11.5B+0.10%
DARDarling Ingredients Inc.$10.3B-0.21%
CPBThe Campbell's Company$6.4B+0.39%

Held by These ETFs

CAG is a top holding in these ETFs tracked on DailyIQ — bar length shows portfolio weight.

News Sentiment Analysis

Sentiment gathered from recent headlines

53/100

Strong NegativeNeutralStrong Positive

MIXED

Recent News Coverage

Most recent articles, ranked by recency (click to expand).

10+ articles

What did this article say?

Deutsche Bank has increased its price target for Conagra Brands (CAG) from $12 to $13 while keeping a hold rating. The upgrade reflects a modest confidence boost in the company’s near‑term earnings outlook. The change is unlikely to materially alter market expectations, as the target lift is small and the rating remains unchanged.

What did this article say?

Conagra Brands’ shares have fallen 41% over five years, prompting analysts to question whether the current price reflects the company’s sales and future prospects. Recent initiatives—new GLP‑1 friendly labels, a 50% dividend cut, and increased brand and supply‑chain spend—could improve margins and cash flow timing. The company’s impairment‑driven net loss and reset strategy are being reassessed by valuation models, suggesting a potential upside if the market revises its weight on sales. Investors should monitor how the company’s earnings guidance aligns with these initiatives and whether the market adjusts its valuation multiples accordingly.

What did this article say?

Evercore ISI Group’s analyst David Palmer has trimmed Conagra Brands’ price target from $13 to $12.5 while keeping the rating at In‑Line. The downgrade reflects concerns over margin pressure and slower growth in the packaged foods segment. The move suggests investors may need to reassess the upside potential of CAG’s current guidance. Traders should monitor upcoming earnings for any updates on cost control and product mix. The rating downgrade could weigh on the stock’s short‑term momentum.

What did this article say?

Conagra Brands is responding to a growing share of U.S. adults on GLP‑1 weight‑loss drugs that cut grocery spending and calorie intake. By labeling more than two dozen high‑protein, high‑fiber Healthy Choice meals as "GLP‑1 friendly," the company hopes to retain customers who might otherwise reduce their packaged food purchases. While the initiative shows early sales lift, the broader trend still poses a headwind for packaged‑food sales, making the move a modest counter‑measure rather than a game‑changer.

What did this article say?

Conagra (CAG) ranked among the stronger performers in Q2, with revenues exceeding analyst consensus by 1%. The company’s earnings beat and solid operating margins suggest resilience amid shifting consumer preferences toward health‑conscious and sustainable options. However, CAG’s forward guidance for the next quarter is 3.6% below market expectations, indicating potential pressure on future growth. The mixed outlook reflects a balance between current earnings strength and cautious revenue forecasts.

What did this article say?

Conagra Brands (CAG) is confronting a governance challenge as ISS recommends opposing the company’s 2026 named‑executive compensation package, citing weak financial performance and unclear incentive targets. The non‑binding advisory vote on September 23 covers the entire fiscal 2026 compensation, including CEO John Brase’s package, which is separate from the prior year’s pay decisions. The opposition signals investor concern over the alignment of pay with performance and may pressure CAG to tighten incentive structures. This governance test could affect investor confidence and the company’s ability to attract and retain talent. CAG’s management will need to address ISS’s concerns to mitigate potential reputational and financial impacts.

What did this article say?

Conagra Brands (CAG) secured a Guinness World Record by launching a 429‑foot Slim Jim, the longest meat snack stick ever. The stunt showcases the company’s creative marketing and product innovation, reinforcing Slim Jim’s brand equity. While the record is a promotional win, it does not directly alter financial metrics or earnings guidance. Investors should monitor how the campaign translates into short‑term sales lift and any subsequent marketing spend. The event underscores CAG’s focus on brand differentiation within the competitive snack aisle.

What did this article say?

Conagra Brands (CAG) reported a 2.9% revenue decline and a 10.2% drop in gross profit, driven by weaker sales and significant impairment charges. The company is in a transitional year focused on portfolio transformation and brand repositioning, aiming to stabilize sales and improve margins. While the balance sheet shows cash improvements, the firm remains at a discount to peers, and risks from shifting consumer preferences and private‑label competition loom. The outlook is cautious, with a hold rating and a call for sales stabilization, margin recovery, and debt reduction before a buy recommendation can be considered.

What did this article say?

Conagra (CAG) is positioned for a near‑term turnaround as it plans pricing adjustments, productivity improvements, and selective reinvestments to counter margin pressure. The company’s guidance remains conservative but is supported by expected cost efficiencies and higher unit economics. Analysts view the current valuation as attractive, recommending a buy stance for investors seeking upside potential.

Technical Analysis

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SELL

Technical indicators reflect the latest computed signal mix for this timeframe.

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Institutional & Hedge Fund Ownership

25 tracked managers · $3.64B combined position · 9 adding, 14 trimming, 2 unchanged (latest 13F filings)

Manager	Trend	Shares Held	% of Co.	Position Value	Filed
BlackRock, Inc.	▲ Buy	79,589,548	16.75%	$1.07B	2026-08-07
Vanguard Group Inc	▼ Sell	59,498,126	12.52%	$1.03B	2026-01-29
AQR Capital Management LLC	▲ Buy	20,496,252	4.31%	$275.88M	2026-08-14
Two Sigma Investments, LP	▼ Sell	13,230,900	2.78%	$178.09M	2026-08-14
Goldman Sachs Group Inc	▲ Buy	12,447,997	2.62%	$167.55M	2026-08-14
Morgan Stanley	▼ Sell	11,048,944	2.33%	$148.72M	2026-08-13
Geode Capital Management, LLC	▼ Sell	8,654,831	1.82%	$116.52M	2026-08-12
Citadel Advisors LLC	• Hold	7,167,834	1.51%	$96.48M	2026-09-02
Susquehanna International Group, LLP	▲ Buy	7,015,625	1.48%	$94.43M	2026-08-14
Marshall Wace, LLP	▼ Sell	4,107,507	0.86%	$71.10M	2026-02-13
Millennium Management LLC	▼ Sell	5,060,351	1.07%	$68.11M	2026-08-14
Northern Trust Corp	▼ Sell	3,457,246	0.73%	$46.53M	2026-08-13
Gotham Asset Management, LLC	▲ Buy	2,558,417	0.54%	$34.44M	2026-08-14
Prudential Financial Inc	▲ Buy	2,532,555	0.53%	$34.09M	2026-08-12
Norges Bank	▼ Sell	2,147,754	0.45%	$28.91M	2026-08-12
Bank of America Corp	▼ Sell	1,860,820	0.39%	$25.05M	2026-08-14
Renaissance Technologies LLC	▲ Buy	1,852,381	0.39%	$24.93M	2026-08-13
Junto Capital Management LP	• Hold	1,173,261	0.25%	$24.02M	2025-08-14
Wells Fargo & Company	▲ Buy	1,628,005	0.34%	$21.91M	2026-08-14
Invesco Ltd.	▼ Sell	1,555,948	0.33%	$20.94M	2026-08-14
Squarepoint Ops LLC	▼ Sell	1,250,518	0.26%	$16.83M	2026-08-14
Citigroup Inc	▲ Buy	1,089,454	0.23%	$14.66M	2026-08-03
JPMorgan Chase & Co	▼ Sell	908,066	0.19%	$12.99M	2026-08-12
FMR LLC (Fidelity)	▼ Sell	543,156	0.11%	$7.31M	2026-08-13
AllianceBernstein L.P.	▼ Sell	455,555	0.10%	$7.16M	2026-08-14

Q2 2026 flow:56.74M sh bought ($763.77M)42.61M sh sold ($574.58M)net +14.13M sh (+$189.18M)

Congressional Trading Activity

18 disclosed trades · ~$168.5K est. traded value · 6 buys, 12 sells

Member	Chamber	State	Type	Amount	Traded	Filed
Gilbert Cisneros	House	CA31	▼ Sell	$15K - $50K	2026-06-16	2026-07-02
Gilbert Cisneros	House	CA31	▲ Buy	$1K - $15K	2026-05-15	2026-06-08
Gilbert Cisneros	House	CA31	▲ Buy	$1K - $15K	2026-04-14	2026-05-08
Gilbert Cisneros	House	CA31	▼ Sell	$1K - $15K	2026-03-13	2026-04-07
Gilbert Cisneros	House	CA31	▲ Buy	$1K - $15K	2026-02-10	2026-03-09
Gilbert Cisneros	House	CA31	▼ Sell	$1K - $15K	2026-01-09	2026-02-13
Gilbert Cisneros	House	CA31	▼ Sell	$1K - $15K	2025-12-19	2026-01-12
Gilbert Cisneros	House	CA31	▲ Buy	$1K - $15K	2025-11-12	2025-12-15
Gilbert Cisneros	House	CA31	▼ Sell	$1K - $15K	2025-10-09	2025-11-18
Gilbert Cisneros	House	CA31	▼ Sell	$1K - $15K	2025-09-05	2025-10-10
Gilbert Cisneros	House	CA31	▲ Buy	$1K - $15K	2025-08-05	2025-09-12
Lisa McClain	House	MI09	▼ Sell	$1K - $15K	2025-08-04	2025-09-12
Lisa McClain	House	MI09	▲ Buy	$1K - $15K	2025-07-22	2025-08-13
Gilbert Cisneros	House	CA31	▼ Sell	$1K - $15K	2025-05-30	2025-06-06
Rob Bresnahan	House	PA08	▼ Sell	$1K - $15K	2025-04-08	2025-05-08
Julie Johnson	House	TX32	▼ Sell	$1K - $15K	2025-04-01	2025-05-14
Rob Bresnahan	House	PA08	▼ Sell	$1K - $15K	2025-02-25	2025-03-27
Julie Johnson	House	TX32	▼ Sell	$1K - $15K	2025-01-15	2025-02-12

CAG·Conagra Brands, Inc.

EPS

Revenue

CAG Stock Snapshot

What growth is priced into CAG?

What CAG's own history says about today's numbers

Is money rotating into or out of CAG's sector?

What is the options market pricing for CAG?

Are analysts turning bullish or bearish on CAG?

CAG Competitive Positioning

Held by These ETFs

News Sentiment Analysis

Recent News Coverage

Technical Analysis

Real-time indicators across multiple timeframes

News Sentiment Analysis

Recent News Coverage

Technical Analysis

Real-time indicators across multiple timeframes

Market Status

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CAG·Conagra Brands, Inc.

EPS

Revenue

CAG Stock Snapshot

What growth is priced into CAG?

What CAG's own history says about today's numbers

Is money rotating into or out of CAG's sector?

What is the options market pricing for CAG?

Are analysts turning bullish or bearish on CAG?

CAG Competitive Positioning

Held by These ETFs

News Sentiment Analysis

Recent News Coverage

Technical Analysis

Real-time indicators across multiple timeframes

Discover More

News Sentiment Analysis

Recent News Coverage

Technical Analysis

Real-time indicators across multiple timeframes

Discover More

Market Status

Recently Viewed

Portfolio

Email Alerts

Portfolio News

Economic Events

Earnings Events

Economic News