Conagra Brands, US2058871029

Conagra Brands stock gained 1.97 percent on October 6

Published on 10/08/2026 at 01:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Conagra Brands stock was last at USD 13.45 on the NYSE at the October 6 close, with a USD 12.53 to USD 20.32 52-week range. Adjusted EPS reached USD 0.41 in Q1 FY2027 against USD 0.28 consensus.

Fotoreale Lebensmittelfabrik mit Förderband und Mitarbeitern in Schutzkleidung — Conagra Brands US2058871029 zeigt eine automatisierte Lebensmittelproduktionslinie mit modernem Förderband und Arbeitern, Illustration mit AI erstellt.

Conagra Brands (ISIN US2058871029) was last at USD 13.45 on the NYSE at the October 6, 2026 close, up 1.97 percent from the prior close. The company had reported fiscal first-quarter 2027 adjusted EPS of USD 0.41 after the September 30 results, while its full-year guidance stayed unchanged.

Sales declined as earnings improved

According to Conagra Brands on September 30, 2026, fiscal Q1 net sales fell 1.4 percent year over year to USD 2.6 billion. Organic net sales declined 1.1 percent, as a 2.1 percent volume decline outweighed a 1.0 percent price and mix benefit.

The earnings comparison was more favorable. Reported diluted EPS rose 5.9 percent to USD 0.36, while adjusted EPS increased 5.1 percent from USD 0.39 to USD 0.41, supported partly by lower adjusted selling, general and administrative expenses and higher equity earnings.

Guidance keeps the recovery measured

Conagra reaffirmed fiscal 2027 guidance for organic net sales to decline between 3 percent and 1 percent, adjusted operating margin of 10.0 percent to 10.5 percent, and adjusted EPS of USD 1.40 to USD 1.50, according to the September 30 release. That range gives investors a clear benchmark for the next quarters, but it also assumes a year of lower organic sales.

The operating details remain mixed. Reported operating margin was 10.3 percent in Q1 FY2027, versus 13.2 percent in the prior-year quarter, while adjusted operating margin was 11.5 percent. Foodservice organic sales increased 3.3 percent, but Grocery and Snacks organic sales fell 2.0 percent and Refrigerated and Frozen organic sales fell 1.6 percent.

Analysts see limited upside

According to MarketBeat on October 3, 2026, 18 analysts produced a Reduce consensus with an average price target of USD 14.07. The target lies 4.6 percent above the USD 13.45 closing price, while the published range extended from USD 11.00 to USD 23.00.

Yahoo Finance also listed a Barclays target reduction from USD 17.00 to USD 16.00 on October 2, 2026. That revision places more weight on execution, particularly volume recovery and margin stabilization, than on the single-quarter earnings beat.

Stock remains near yearly low

Conagra Brands stock closed at USD 13.45 on the NYSE on October 6, 2026, with volume of 14,384,769 shares and market capitalization of USD 6.421 billion. Its 52-week range was USD 12.53 to USD 20.32, leaving the close 7.3 percent above the yearly low and 33.8 percent below the yearly high.