Campbell Soup (CPB) AI Stock Analysis

• Market Cap: $9.56B
• Dividend Yield: 4.8%
• Average Volume (3M): 6.84M
• Price to Earnings (P/E): 16.0
• Beta (1Y): 0.13
• Revenue Growth: 6.40%
• EPS Growth: 6.17%
• Country: US
• Employees: 14,400
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 0.62
• Shares Outstanding: 297,992,520
• 10 Day Avg. Volume: 5,763,617
• 30 Day Avg. Volume: 6,842,279
• PEG Ratio: 2.53
• Price to Book (P/B): 2.46
• Price to Sales (P/S): 0.94
• P/FCF Ratio: 13.65
• Enterprise Value/Market Cap: 1.75
• Enterprise Value/Revenue: 1.63
• Enterprise Value/Gross Profit: 5.35
• Enterprise Value/Ebitda: 10.75
• 1Y Price Target: $33.53
• Price Target Upside: 4.52% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 15

• Rating: 67 Neutral
• Price Target: $35.00 ▲(9.10% Upside)

Campbell Soup's overall stock score reflects strong revenue growth and a stable EBIT margin, but is tempered by declining profit margins, high leverage, and a significant drop in free cash flow. The stock's valuation is reasonable, supported by a high dividend yield. However, technical indicators suggest bearish momentum, and earnings call insights highlight challenges from declining organic sales and tariff impacts.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand for Campbell's products and effective market strategies, supporting long-term business expansion.

Cost Savings Initiatives

Effective cost management enhances profitability and provides financial flexibility to invest in growth and innovation, strengthening competitive positioning.

Brand Performance

Strong brand performance, particularly in high-growth categories, can drive market share gains and support sustained revenue growth.

Negative Factors

Declining Profit Margins

Eroding profit margins suggest challenges in cost management and pricing power, potentially impacting long-term profitability and competitiveness.

High Leverage

High leverage can limit financial flexibility and increase risk, especially if earnings growth does not keep pace with debt obligations.

Free Cash Flow Decline

A significant drop in free cash flow raises concerns about cash generation capabilities, which are crucial for funding operations and strategic investments.

Campbell Soup Business Overview & Revenue Model

Company Description

Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada. This segment provides Campbell's condensed and ready-to-serve soups; Swanson broth and stocks; Pacific Foods broth, soups, and non-dairy beverages; Prego pasta sauces; Pace Mexican sauces; Campbell's gravies, pasta, beans, and dinner sauces; Swanson canned poultry; Plum baby food and snacks; V8 juices and beverages; and Campbell's tomato juice. The Snacks segment retails Pepperidge Farm cookies, crackers, fresh bakery, and frozen products; Milano cookies and Goldfish crackers; and Snyder's of Hanover pretzels, Lance sandwich crackers, Cape Cod and Kettle Brand potato chips, Late July snacks, Snack Factory Pretzel Crisps, Pop Secret popcorn, Emerald nuts, and other snacking products. This segment is also involved in the retail business in Latin America. It sells its products through retail food chains, mass discounters and merchandisers, club stores, convenience stores, drug stores, and dollar stores, as well as e-commerce and other retail, commercial, and non-commercial establishments, and independent contractor distributors. The company was founded in 1869 and is headquartered in Camden, New Jersey.

How the Company Makes Money

Campbell Soup Company generates revenue primarily through the sale of its food products across various segments. The company's main revenue streams include retail sales of soups, sauces, and snacks through supermarkets and grocery stores, as well as food service sales to restaurants and catering businesses. Additionally, Campbell's benefits from international sales, reaching consumers in markets outside the United States. The company has strategic partnerships with retailers and food distributors that enhance its market reach and distribution capabilities. Furthermore, Campbell's invests in product innovation and marketing to drive consumer demand and brand loyalty, which are critical for sustaining its earnings.

Campbell Soup Financial Statement Overview

Summary

Campbell Soup shows strong revenue growth and a stable EBIT margin, but faces challenges with declining profit margins and high leverage. The significant drop in free cash flow is a concern, indicating a need for improved cash generation and cost management.

Income Statement

Campbell Soup has demonstrated a solid revenue growth rate of 27.4% in the most recent year, indicating strong sales momentum. However, the gross profit margin has slightly decreased over the years, from 34.5% in 2020 to 30.4% in 2025, suggesting some pressure on cost management. The net profit margin has also declined from 11.8% in 2021 to 5.9% in 2025, reflecting challenges in maintaining profitability. Despite these pressures, the company maintains a stable EBIT margin of around 10.9% in 2025.

Balance Sheet

The company's debt-to-equity ratio has improved from 1.99 in 2024 to 1.76 in 2025, indicating a reduction in leverage. However, it remains relatively high, suggesting potential risk if earnings do not continue to grow. Return on equity has slightly improved to 15.4% in 2025, reflecting efficient use of equity. The equity ratio remains stable, indicating a balanced approach to asset management.

Cash Flow

Free cash flow has decreased significantly, with a negative growth rate of -84.4% in 2025, raising concerns about cash generation capabilities. The operating cash flow to net income ratio is 0.39, indicating moderate cash conversion efficiency. The free cash flow to net income ratio of 0.62 suggests that a substantial portion of earnings is being converted into free cash flow, but the declining trend is a concern.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.25B	10.25B	9.64B	9.36B	8.56B	8.48B
Gross Profit	3.13B	3.12B	2.97B	2.92B	2.63B	2.81B
EBITDA	1.56B	1.56B	1.41B	1.70B	1.50B	1.86B
Net Income	602.00M	602.00M	567.00M	858.00M	757.00M	1.00B
Balance Sheet
Total Assets	14.90B	14.90B	15.23B	12.06B	11.89B	11.73B
Cash, Cash Equivalents and Short-Term Investments	132.00M	132.00M	108.00M	189.00M	109.00M	69.00M
Total Debt	7.21B	7.21B	7.54B	4.97B	5.05B	5.29B
Total Liabilities	10.99B	10.99B	11.44B	8.39B	8.56B	8.58B
Stockholders Equity	3.90B	3.90B	3.79B	3.66B	3.33B	3.15B
Cash Flow
Free Cash Flow	717.00M	705.00M	668.00M	773.00M	939.00M	760.00M
Operating Cash Flow	1.14B	1.13B	1.19B	1.14B	1.18B	1.03B
Investing Cash Flow	-187.00M	-187.00M	-3.13B	-340.00M	-230.00M	-158.00M
Financing Cash Flow	-931.00M	-919.00M	1.86B	-723.00M	-910.00M	-1.67B

Campbell Soup Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 32.08
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CPB, the sentiment is Negative. The current price of 32.08 is below the 20-day moving average (MA) of 33.16, below the 50-day MA of 32.67, and below the 200-day MA of 35.57, indicating a bearish trend. The MACD of 0.07 indicates Positive momentum. The RSI at 43.19 is Neutral, neither overbought nor oversold. The STOCH value of 25.34 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CPB.

Campbell Soup Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PPC	79 Outperform	$9.63B	7.80	33.10%	―	2.06%	63.27%
CAG	71 Outperform	$8.68B	7.57	12.90%	7.70%	-3.64%	231.77%
LW	68 Neutral	$7.70B	22.06	20.56%	2.66%	-0.25%	-49.73%
GIS	67 Neutral	$26.72B	9.48	30.60%	4.81%	-3.26%	25.58%
CPB	67 Neutral	$9.56B	15.99	15.64%	4.80%	6.40%	6.17%
SJM	54 Neutral	$11.65B	-7.96	-24.63%	3.97%	2.54%	-293.39%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%

Campbell Soup Corporate Events

Campbell Soup Appoints New Senior VP and Controller

On September 2, 2025, Campbell Soup Company announced that Stanley Polomski, its Senior Vice President & Controller, will transition to a new role as Senior Vice President, Business Process Optimization, effective September 22, 2025. Subsequently, on September 3, 2025, the company appointed Kelly L. Palumbo as the new Senior Vice President, Controller and Chief Accounting Officer, effective the same date. Ms. Palumbo, who brings extensive experience from her previous roles at Charles River Laboratories International, Inc. and Johnson & Johnson, will receive a comprehensive compensation package, including a base salary, bonuses, and stock units. This leadership change is expected to impact the company’s financial operations and strategic direction.

The most recent analyst rating on (CPB) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on Campbell Soup stock, see the CPB Stock Forecast page.