ConAgra Brands (CAG) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $0.41
- Estimate
- $0.28
- Surprise
- +44.9%
- Revenue (period 2026-08-30)
- $2.60B
- Score today
- 4.8/10
Revenue source: xbrl.
How the report landed
ConAgra Brands (CAG) beat the $0.28 estimate with adjusted EPS of $0.41 — a large 44.9% upside surprise.
Coverage in the report window
- Barclays Maintains Overweight on Conagra Brands, Lowers Price Target to $16 — benzinga, 2026-10-02
- Evercore ISI Group Maintains In-Line on Conagra Brands, Raises Price Target to $14 — benzinga, 2026-10-01
- RBC Capital Reiterates Sector Perform on Conagra Brands, Maintains $14 Price Target — benzinga, 2026-10-01
Where TrendMatrix's rating stands now
TrendMatrix currently rates CAG Sell at 4.8/10; no pre/post engine snapshot brackets this report.
2 of the last 4 quarters beat the estimate; this quarter's +44.9% surprise compares with a +12.1% four-quarter average. Next scheduled report: 2026-12-18.
What argues against it
- Target reached (-11.9% upside)
- Quality below floor (2.4 < 4.0)
- Negative risk/reward — downside exceeds upside
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $14.03
- Stop
- $13.07
Model outputs from TrendMatrix’s engine as of 2026-10-20 — shown for context, not personalized investment advice.
CAG at TrendMatrix's latest read
Defensive staples are judged on margin resilience: pricing power against input costs matters more here than top-line drama.
- Industry
- Packaged Foods
- Market cap
- $6.70B
- P/E (fwd)
- 9.4
- 52-week range
- $12.53–$20.32
- Off 52-week high
- 31.0%
- RSI (14)
- 49
- Volume vs avg
- 0.48×
- Score today
- 4.8/10