Campbell Soup Company (CPB) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Hold
Based on 29 analysts2.3% Above Target
CPB trades 2.3% above Wall Street's consensus target of $20.67.
Current Price$21.15
Average Target$20.67
Target
Current
Low$17.00
Median$20.00
High$28.00
Analyst Target Range
Forward P/E9.7x
(Value)
PEG Ratio—
Implied Growth+6.9%
(Low)
Analyst Spread53.2%
(Moderate)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes CPB achieves its forward estimates and maintains a stable P/E multiple of 9.7x. This scenario reflects the blended consensus of 29 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
CPB Price Target Analysis
Updated June 21, 2026As of June 21, 2026, Campbell Soup Company (CPB) has a Wall Street consensus price target of $20.67, based on estimates from 29 covering analysts. With the stock currently trading at $21.15, this represents a potential downside of -2.3%. The company has a market capitalization of $6.31B.
Analyst price targets range from a low of $17.00 to a high of $28.00, representing a 53% spread in expectations. The median target of $20.00 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Hold, with 1 analysts rating the stock as a Buy or Strong Buy,17 rating it Hold, and 11 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.
From a valuation perspective, CPB trades at a trailing P/E of 10.5x and forward P/E of 9.7x. Analysts expect EPS to grow +6.9% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $24.55, with bear and bull scenarios of $15.47 and $32.35 respectively. Model confidence stands at 55/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Consumer Defensive stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+13.9%
Industry Consensus
Avg Forward P/E
14.6x
(Value)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 GISGeneral Mills, Inc. | $17.8B | $33.42 | $37.30 | +11.6% | Hold | 9.8x | 34 |
 KKellanova | $29.0B | $83.44 | $74.03 | -11.3% | Hold | 22.1x | 34 |
 HRLHormel Foods Corporation | $13.3B | $24.16 | $23.50 | -2.7% | Hold | 16.3x | 29 |
 SJMThe J. M. Smucker Company | $11.8B | $110.86 | $120.33 | +8.5% | Buy | 12.3x | 31 |
 CAGConagra Brands, Inc. | $6.3B | $13.20 | $15.20 | +15.2% | Hold | 7.8x | 25 |
 MKCMcCormick & Company, Incorporated | $11.8B | $46.64 | $68.75 | +47.4% | Hold | 15.1x | 30 |
 KHCThe Kraft Heinz Company | $27.1B | $22.82 | $22.60 | -1.0% | Hold | 11.1x | 35 |
 MDLZMondelez International, Inc. | $77.2B | $60.12 | $67.00 | +11.4% | Buy | 19.7x | 41 |
 HSYThe Hershey Company | $35.0B | $172.63 | $224.23 | +29.9% | Hold | 20.4x | 35 |
 POSTPost Holdings, Inc. | $4.0B | $88.41 | $114.50 | +29.5% | Buy | 11.5x | 19 |
CPB — Frequently Asked Questions
Quick answers to the most common questions about buying CPB stock.
What is the CPB stock price target for 2026?
Wall Street's consensus price target for CPB is $20.67, -2.3% from its current price of $21.15. The below-market target from 29 analysts suggests limited near-term appreciation.
Is CPB a buy, sell, or hold?
CPB has a consensus rating of "Hold" based on 29 Wall Street analysts. The rating breakdown is leaning bearish, with 11 Sell/Strong Sell ratings. The consensus 12-month price target of $20.67 implies -2.3% downside from current levels.
Is CPB stock overvalued or undervalued?
With a forward P/E of 9.7308x, CPB trades at a relatively low valuation. The consensus target of $20.67 implies -2.3% move, suggesting the market may be pricing in risks.
How high can CPB stock go?
The most bullish Wall Street analyst has a price target of $28 for CPB, while the most conservative target is $17. The consensus of $20.67 represents the median expectation. Our quantitative valuation model projects a bull case target of $32 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover CPB stock?
CPB is heavily covered by Wall Street, with 29 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 1 have Buy ratings, 17 recommend Hold, and 11 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the CPB stock forecast?
The 12-month CPB stock forecast based on 29 Wall Street analysts shows a consensus price target of $20.67, with estimates ranging from $17 (bear case) to $28 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $25, with bear/bull scenarios of $15/$32.
What is CPB's fair value based on fundamentals?
Our quantitative valuation model calculates CPB's fair value at $25 (base case), with a bear case of $15 and bull case of $32. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 55/100.
What is CPB's forward P/E ratio?
CPB trades at a forward P/E ratio of 9.7x based on next-twelve-months earnings estimates compared to a trailing P/E of 10.5x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy CPB stock?
Analysts are cautious on CPB, with 11 Sell ratings and a price target of $20.67 (-2.3% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do CPB price targets vary so much?
CPB analyst price targets range from $17 to $28, a 53% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $20.67 consensus represents the middle ground. Our model's $15-$32 range provides an independent fundamental perspective.
Consensus-Based Analysis Tools
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