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Top Wall Street Forecasters Revamp Conagra Expectations Ahead Of Q3 Earnings

Benzinga04-01 15:38

Conagra Brands, Inc. (NYSE:CAG) will release earnings for its third quarter before the opening bell on Wednesday, April 1.

Analysts expect the Chicago, Illinois-based company to report quarterly earnings of 40 cents per share. That's down from the 51 cents per share in the year-ago period. The consensus estimate for Conagra's quarterly revenue is $2.76 billion (it reported $2.84 billion last year), according to Benzinga Pro.

On March 31, Conagra Brands announced a quarterly dividend payment of 35 cents per share.

Shares of Conagra fell 0.1% to close at $15.72 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • Deutsche Bank analyst Steve Powers maintained a Hold rating and cut the price target from $18 to $14 on March 30, 2026. This analyst has an accuracy rate of 63%.
  • JP Morgan analyst Thomas Palmer maintained a Neutral rating and slashed the price target from $19 to $17 on March 20, 2026. This analyst has an accuracy rate of 51%.
  • Wells Fargo analyst Chris Carey downgraded the stock from Equal-Weight to Underweight and cut the price target from $20 to $15 on March 12, 2026. This analyst has an accuracy rate of 60%.
  • TD Cowen analyst Robert Moskow maintained a Hold rating and slashed the price target from $19 to $18 on Dec. 22, 2025. This analyst has an accuracy rate of 65%.
  • B of A Securities analyst Bryan Spillane maintained an Underperform rating and cut the price target from $18 to $17 on Dec. 22, 2025. This analyst has an accuracy rate of 56%

Considering buying CAG stock? Here’s what analysts think:

Photo via Shutterstock

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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