CPB Price Prediction Next Week
Technical Analysis
Recent price action shows CPB in a downward trend, with the stock closing at $41.43 on Friday. The stock has formed a bearish pattern with lower highs and lower lows over the past week. Key technical levels:
- Resistance: $41.71 (Feb 21 high)
- Support: $40.56 (Feb 22 low)
News Impact
Recent news indicates potential headwinds:
- Analysts maintain cautious stance with Wells Fargo lowering price target to $43 and maintaining Equal-Weight rating
- Potential impact from Trump's reciprocal tariffs announcement could affect food can costs and disadvantage U.S. producers like Campbell's
- Management changes with new President of Meals & Beverages Division appointed
Price Prediction for Next Week
Based on technical analysis and news sentiment:
Bearish Scenario (60% probability):
- Target: $39.50-40.00
- Drivers: Continued selling pressure, tariff concerns
- Break below $40.56 support could accelerate decline
Bullish Scenario (40% probability):
- Target: $42.00-42.50
- Drivers: Oversold bounce, dividend yield support (3.89%)
- Needs to break above $41.71 resistance
Recommendation: SELL
Rationale:
- Bearish technical setup with lower highs/lows
- Negative analyst sentiment
- Potential cost pressures from tariffs
- Current price ($40.59) below key support levels
Target entry for short positions: $41.20-41.50 Stop loss: $42.00 Take profit: $39.50
CPB Similar Chart Price Prediction
The price of CPB is predicted to go up 18.4%, based on the high correlation periods with SGLY. The similarity of these two price pattern on the periods is 94.48%.
CPB
SGLY
Up: 18.4%Similarity: 94.48%
CPB Revenue Forecast
CPB EPS Forecast
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CPB VS S&P500
Removing excess costs should afford Campbell the fuel to reinvest in its brands, nearly one dozen of which generate more than $100 million in sales each year.
Campbell's innovation focus (leveraging technology, data insights, and artificial intelligence to aid its efforts to bring consumer-valued new products to the shelf in a timely fashion) is attracting new consumers to the aisle and its product mix.
About half of Campbell's sales result from the faster-growing on-trend snack aisle, which stands to offset more muted long-term prospects for the mature soup category.
CPB Analyst's Forecast
Matthew Smith
Stifel
Hold
2025-01-24
Price Target
$47 → $40
Upside
+2.62%
Stifel lowered the firm's price target on Campbell's to $40 from $47 and keeps a Hold rating on the shares. The firm, which maintains a Neutral weighting for the Food group, says the group's valuation discount to historical levels is primarily reflecting the weak revenue outlook and reinvestment requirements pressuring margins. While valuation remains compelling in relation to history for the food stocks, the firm remains cautious given the uncertainty in revenue growth pacing in 2025, noting that estimates 3% EPS growth in 2025 in constant currency for the group, supported by 2% organic sales growth, partially offset by margin compression due to inflation and higher investment levels.
Andrew Lazar
Barclays
Sell
2024-12-06
Price Target
$49 → $46
Upside
+7.65%
Matthew Smith
Stifel
Hold
2024-12-05
Price Target
$50 → $47
Upside
+10.25%
