Cal-Maine Foods stock gets a lower Stephens target
Published on 10/08/2026 at 02:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Cal-Maine Foods (ISIN US1280302027) carried a USD 2.9 billion market capitalization on October 7, 2026, while its Nasdaq 52-week range stood at USD 61.88 to USD 95.57. Stephens lowered its target from USD 80.00 to USD 70.00 and kept an Equal Weight rating on October 1, 2026, according to MarketBeat.
Stephens cuts target to USD 70
The revised Stephens target is 11.5 percent above the October 7 Nasdaq price of USD 62.70. The move leaves the analyst below the wider consensus, which gives the stock a Hold rating, with one Buy and five Hold recommendations.
The average consensus target is USD 84.17, or 34.2 percent above USD 62.70, according to MarketBeat. The gap reflects the difference between a lower individual target and the average of six published analyst views.
Fiscal first quarter shows egg pressure
Cal-Maine Foods reported fiscal first-quarter results for the period ended August 29, 2026, on September 30, 2026. According to Cal-Maine Foods, net sales fell 41.5 percent to USD 539.607 million from USD 922.602 million, while diluted EPS changed from earnings of USD 4.12 to a loss of USD 1.26.
The pressure was concentrated in conventional shell eggs. The company said average conventional egg prices fell 59.3 percent year over year, while the segment moved from USD 168.2 million of operating income to a USD 71.0 million operating loss, according to Cal-Maine Foods.
Prepared foods expand the mix
The quarterly figures also show where management is trying to reduce earnings dependence on conventional eggs. Prepared Foods represented 11.7 percent of fiscal first-quarter sales, up from 7.8 percent, while Specialty Shell Eggs and Prepared Foods together reached 54.1 percent versus 37.1 percent a year earlier.
Cal-Maine Foods also said Prepared Foods production capacity is planned to grow more than 60 percent by the first half of fiscal 2028 compared with fiscal 2026 year-end. That expansion offers a measurable counterweight to the current egg-price cycle, but the first-quarter operating loss was USD 82.165 million.
CALM stays near its yearly low
CALM was last at USD 62.70 on Nasdaq on October 7, 2026 at 4:00 p.m. ET, down 1.10 percent from the prior session. The session volume was 1,902,876 shares, placing the stock near its USD 61.88 52-week low.
Cal-Maine Foods stock facts
- Company: Cal-Maine Foods, Inc.
- ISIN: US1280302027
- Ticker: CALM
- Trading venue: Nasdaq
- Price (as of October 7, 2026, 4:00 p.m. ET): USD 62.70
- Market capitalization: USD 2.9 billion (as of October 7, 2026)
- 52-week range: USD 61.88-95.57 (as of October 7, 2026)
- Sector / Industry: Consumer Staples / Farming
