The Campbell's Company (CPB) earnings on June 8, 2026
More The Campbell's Company earnings
Prior outlook: Pessimistic Outcome: Accurate
Campbell's earnings beat expectations, but inflation worries caused the stock to fall. The price initially rose before reversing to end the day lower.
CPB price around the earnings
21.59
Change: -0.7%
2026-06-09, 00:00 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Accurate
- Thesis published
Analysts cautious — risk outweighs reward.
Analysts are projecting negative earnings growth and have recently downgraded their ratings, indicating a cautious outlook. Despite this, the price target suggests only a small potential increase.
Context analyzed before publication
- Summary
- Analysts cautious — risk outweighs reward.
- Reasoning
- Analysts are projecting negative earnings growth and have recently downgraded their ratings, indicating a cautious outlook. Despite this, the price target suggests only a small optimistic scenario.
- Playbook
- The data shows a pattern of recent earnings misses and negative growth expectations from analysts. Current price levels are below key support, suggesting a technically weak position.
- Trend
- Analyst outlook deteriorating sharply over recent sessions.
Analysts
Drivers
-
Analysts
Negative
Analyst ratings are mostly 'hold' with a limited optimistic scenario toward the $22 price target. Several downgrades from major firms context a negative view.
Evidence
- Analyst consensus
- Hold
- Consensus average (1-5)
- 3.3
- Analysts covering the stock
- 18
- Average price target
- 22.06
- Lowest price target
- 15
- Highest price target
- 56
- Upside to price target
- 1.7%
- Quarterly earnings growth
- -16.2%
- Revenue growth
- -4.5%
- Forward EPS
- 2.09
- Trailing EPS
- 1.84
- Analyst moves in the last 60 days
- 10
- Strong buy: 0
- Buy: 1
- Hold: 13
- Sell: 2
- Strong sell: 4
- Strong buy
- 0
- Buy
- 1
- Hold
- 13
- Sell
- 2
- Strong sell
- 4
- June 5, 2026 · Morgan Stanley: Maintains rating (Equal-Weight → Equal-Weight)
- June 3, 2026 · Bernstein: Downgrades rating (Market Perform → Underperform)
- June 2, 2026 · UBS: Maintains rating (Sell → Sell)
- June 1, 2026 · Evercore ISI Group: Maintains rating (In-Line → In-Line)
- June 1, 2026 · Stephens & Co.: Downgrades rating (Overweight → Equal-Weight)
- May 22, 2026 · DA Davidson: Maintains rating (Neutral → Neutral)
- April 27, 2026 · Bernstein: Downgrades rating (Outperform → Market Perform)
- April 23, 2026 · Morgan Stanley: Maintains rating (Equal-Weight → Equal-Weight)
- April 21, 2026 · Stifel: Maintains rating (Hold → Hold)
- April 14, 2026 · Barclays: Maintains rating (Underweight → Underweight)
News and sentiment
Drivers
-
News & sentiment
Neutral
News surrounding the company is neutral, mainly focusing on the upcoming earnings report. Overall market sentiment is leaning towards 'Fear'.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (8)
- Motorcar Parts Of America, Campbell's And 3 Stocks To Watch Heading Into Monday — Benzinga
- Campbell's Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts — Benzinga
- Morgan Stanley Maintains Equal-Weight on The Campbell's, Lowers Price Target to $21 — Benzinga
- Bernstein Downgrades The Campbell's to Underperform, Lowers Price Target to $19 — Benzinga
- UBS Maintains Sell on The Campbell's, Lowers Price Target to $19 — Benzinga
- Evercore ISI Group Maintains In-Line on The Campbell's, Lowers Price Target to $24 — Benzinga
- Stephens & Co. Downgrades The Campbell's to Equal-Weight, Lowers Price Target to $21 — Benzinga
- DA Davidson Maintains Neutral on The Campbell's, Lowers Price Target to $20 — Benzinga
Technicals
Drivers
-
Technical
Negative
The current stock price is market review below its nearest support level. This indicates a technically unfavorable position despite recent upward price movement.
Evidence
- Average true range (ATR)
- 3%
- Distance to 52-week high
- -37.5%
- 14-day change (14d)
- +8.0%
- 30-day change (30d)
- +3.4%
- 30-day relative strength
- +3.4%
- Benchmark change (0d)
- +0.0%
- Nearest support
- 21.47
- Nearest resistance
- 21.77
- Volume accumulation ratio (14d / 46d)
- 1.81
Trends
Evidence
- Average earnings surprise
- +0.4%
- March 11, 2026: actual EPS 0.51 vs estimate 0.57 (surprise -10.6%)
- December 9, 2025: actual EPS 0.65 vs estimate 0.71 (surprise -8.0%)
- September 3, 2025: actual EPS 0.62 vs estimate 0.57 (surprise +9.0%)
- June 2, 2025: actual EPS 0.73 vs estimate 0.66 (surprise +11.4%)
Expected move
Drivers
-
Past earnings
Negative
The company has recently missed earnings expectations and is showing negative earnings growth. This suggests underlying financial challenges.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 2%
- 75th percentile move
- 6.3%
- 90th percentile move
- 7.1%
- Up / down moves
- 9 / 10
- Average up move
- +3.2%
- Average down move
- -4.1%
Monitoring and close
What The Campbell's Company reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- -1.1%
- Max favorable move (MFE)
- 5.2%
- Max adverse move (MAE)
- 3.1%