Campbell Soup, the Consumer Defensive sector company, was revisited by a Wall Street analyst yesterday. Analyst Megan Alexander from Morgan Stanley maintained a Hold rating on the stock and has a $33.00 price target.
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Megan Alexander’s rating is based on a combination of factors that suggest a cautious approach to Campbell Soup’s stock. The company reported a stronger-than-expected fourth-quarter earnings per share (EPS) and provided fiscal year 2026 guidance that exceeded investor expectations, largely due to effective cost-saving measures and productivity initiatives. However, despite these positive developments, the overall organic sales growth (OSG) trends remain weak and volatile, which limits the visibility of a sustainable topline recovery.
Megan Alexander acknowledges the company’s efforts in enhancing EPS visibility through cost savings and productivity improvements, yet remains cautious due to the ongoing challenges in achieving consistent sales growth. While the FY26 EPS forecast has been raised by 5% and the price target increased to $33, the persistent weakness in OSG trends and potential risks to the company’s outlook justify the Hold rating. This balanced view reflects the need to weigh the positive financial performance against the uncertainties surrounding future growth prospects.
In another report released yesterday, TD Cowen also maintained a Hold rating on the stock with a $31.00 price target.
CPB’s price has also changed moderately for the past six months – from $40.330 to $32.660, which is a -19.02% drop .