Campbell Soup stock slips as Zacks cuts earnings estimates and flags tougher outlook
Published on 09/18/2026 at 22:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Campbell Soup stock (ISIN US1280301048) is trading near USD 21 on Nasdaq as of September 18, 2026, against the backdrop of lower forward earnings estimates and a cautious analyst stance following a weak revenue trend in the most recent quarter.
Analysts trim earnings expectations
According to MarketBeat on September 18, 2026, Zacks Research lowered its estimate for Campbell Soup’s earnings per share in Q2 fiscal 2027 to USD 0.43 from a previous forecast of USD 0.46, underscoring concerns about margin pressure and volume trends in the business.
The same Zacks Research note cites full-year EPS forecasts of USD 1.71 for fiscal 2027 and USD 1.86 for fiscal 2028, while management guidance for fiscal 2027 remains in a range of USD 1.65 to USD 1.80 per share, illustrating that the new analyst estimate now sits close to the midpoint of the company’s own outlook.MarketBeat
In its latest coverage, Zacks Research assigns Campbell Soup a Strong Sell rating, and MarketBeat’s aggregated view shows an average Reduce recommendation across the analyst consensus with an average price target of USD 19.88, below the stock’s recent trading level near USD 21.18.MarketBeat
Recent results show revenue decline
Campbell Soup’s most recent reported quarter provides important context for those earnings cuts. As summarized by MarketBeat on September 18, 2026, the company delivered earnings per share of USD 0.39 in its latest quarter, matching the consensus estimate but signaling limited upside versus expectations.
Quarterly revenue came in at USD 2.14 billion for that period, down 7.9 percent compared with the same quarter a year earlier, highlighting the pressure on Campbell Soup’s top line as volumes soften and consumers trade toward value-oriented options.MarketBeat
According to MarketBeat on September 18, 2026, institutional investor Amundi reduced its stake in Campbell Soup by 98.3 percent in the second quarter, selling 593,993 shares and retaining 10,443 shares worth about USD 233,000, a move that underlines how some large shareholders are reacting cautiously to the company’s reset.
Turnaround plan and dividend reset
The company is positioning itself for a multi-year turnaround with a focus on pricing and efficiency. At the Barclays Global Consumer Staples Conference on September 9, 2026, Campbell Soup’s management outlined a plan that includes average price increases of about 2.5 to 3 percent across roughly 60 percent of the portfolio starting in the second quarter of fiscal 2027, alongside a substantial cost-savings effort.Ad-hoc-news
According to the same conference coverage referenced by Ad-hoc-news, Campbell Soup has announced a USD 500 million savings program running through fiscal 2030, combining USD 150 million remaining from its earlier PEAK initiative and USD 350 million in new efficiencies, aiming to restore gross margins and simplify its portfolio.
The turnaround also involves a reset of shareholder returns. Yahoo Finance data cited in the Barclays conference report show that Campbell Soup’s forward annual dividend now stands at USD 1.00 per share, equivalent to a yield of about 4.57 percent at recent prices, after a 36 percent cut announced as part of the reset to align payouts with lower near-term earnings power.Ad-hoc-news
Credit facility extension supports liquidity
From a balance-sheet perspective, Campbell Soup has moved to secure funding flexibility. As reported by Futunn on September 18, 2026, the company entered an extension agreement for a USD 1.85 billion five-year credit facility, maintaining access to sizable committed bank lines as it navigates its strategic reset and ongoing cost programs.
This extended credit agreement gives Campbell Soup scope to manage working capital, potential restructuring costs and investment in new product initiatives while pursuing its targeted USD 500 million in savings to fiscal 2030, an important consideration for investors evaluating the sustainability of the dividend and the company’s leverage profile.Futunn
Stock trades near analyst target
MarketBeat’s coverage on September 18, 2026 notes that Campbell Soup shares recently traded around USD 21.18, close to but slightly above the average analyst price target of USD 19.88, implying that the stock is already pricing in some of the expected earnings pressure.MarketBeat
According to MarketBeat on September 18, 2026, Campbell Soup shares opened at USD 21.18 in recent Nasdaq trading, and the company’s quarterly dividend of USD 0.25 per share equates to a 4.7 percent yield at that price, with a payout ratio above 100 percent based on current earnings.
For investors, the key numbers now are the 7.9 percent year-over-year revenue decline to USD 2.14 billion and the flat EPS outcome at USD 0.39 in the latest quarter, set against management’s fiscal 2027 guidance of USD 1.65 to USD 1.80 and Zacks Research’s trimmed Q2 2027 estimate of USD 0.43, which together frame the debate about how quickly Campbell Soup can stabilize volumes and rebuild margins.
Campbell Soup stock price snapshot
Campbell Soup stock is referenced on Nasdaq under the ticker CPB, and recent data cited by MarketBeat show the shares trading around USD 21.18 with analysts’ average price target at USD 19.88 as of September 18, 2026, placing the stock modestly above consensus but well below prior-year levels.MarketBeat
Campbell Soup stock facts
- Company: The Campbell's Company Inc.
- ISIN: US1280301048
- Ticker: CPB
- Trading venue: Nasdaq
- Price (as of September 18, 2026): 21.18 USD
- Market capitalization: [value] USD (as of September 18, 2026)
- Sector / Industry: Consumer Staples / Packaged Foods
- Index membership: S&P 500
