The Campbell's Company (CPB) Stock Analysis
Recovery setup
Consumer Defensive · Packaged Foods
Sell if holding. Analyst target reached at $22.52 — A.R:R is negative (-1.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Supplier: Rao's single Italy facility.
Campbell's manufactures and markets branded food and beverage products across two segments: Meals & Beverages (soups, Rao's pasta sauces, Pacific Foods, V8) and Snacks (Goldfish, Pepperidge Farm, Snyder's of Hanover), sold primarily in North America through retail food chains,... Read more
Sell if holding. Analyst target reached at $22.52 — A.R:R is negative (-1.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Supplier: Rao's single Italy facility. Chart setup: Death cross but MACD improving, RSI 80. Score 5.1/10, moderate confidence.
Passes 6/8 gates (positive momentum, clean insider activity, no SEC red flags, earnings proximity 86d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
About The Campbell's Company
About The Campbell's Company
Campbell's five largest customers accounted for approximately 47% of consolidated net sales in 2025, with Walmart at approximately 21% — the single largest buyer across both the Meals & Beverages and Snacks segments. Employing approximately 13,700 people as of August 2025 and operating primarily in North America, the company completed the $2.899 billion acquisition of Sovos Brands in March 2024, adding Rao's pasta sauces to a portfolio spanning Campbell's soups, Pepperidge Farm, and Goldfish.
Campbell's sells branded food and beverage products through two segments. Meals & Beverages includes condensed and ready-to-serve soups, Swanson broth, Pacific Foods, Prego pasta sauces, Pace Mexican sauces, V8 juices, and Rao's tomato-based products — the latter produced primarily by a third-party contract manufacturer at a single facility in Italy. Snacks spans Pepperidge Farm cookies and crackers, Goldfish, Snyder's of Hanover pretzels, Lance sandwich crackers, Cape Cod and Kettle Brand potato chips, and Late July snacks; the Snacks segment distributes through a direct-store-delivery model using independent contractor distributors. Key input costs include tomatoes, grains, beef, poultry, dairy, olive oil, wheat, potatoes, and packaging materials including steel, aluminum, and resin — commodities subject to price volatility from weather, trade policy, and geopolitical factors. The company acknowledged moderate tariff-related cost pressures in the fourth quarter of 2025 and expects more significant tariff impacts in 2026.
Show full overview
Retailer concentration and single-source production risk are the two most specific exposure points disclosed. The company's five largest customers — led by Walmart at 21% of consolidated net sales — collectively drove 47% of net sales in 2025; if any of these accounts reduces purchasing volumes or shelf allocation, results could be adversely affected. Separately, the substantial majority of Rao's tomato-based sauce products are produced by a third-party contract manufacturer at a single facility in Italy; a dispute or operational disruption at that facility may require alternative manufacturing arrangements that could be costly or time-consuming.
See also: Consumer Defensive · Packaged Foods
From The Campbell's Company's most recent 10-K filing, extracted June 9, 2026.
Recent developments
updated 2026-06-15Recent Developments — The Campbell's Company
Latest news
- NEWS Exploring Analyst Estimates for Campbell (CPB) Q3 Earnings, Beyond Revenue and EPS - Yahoo Finance — Yahoo Finance neutral
- NEWS The Campbell's Company: Dividend Is Solid, Growth Is Not (NASDAQ:CPB) - Seeking Alpha — Seeking Alpha negative
- NEWS CPB Stock Slips Premarket After Earnings – But Retail Still Sees Campbell’s As A 'Defensive Play' - Stocktwits — Stocktwits neutral
- NEWS Natixis Advisors LLC Sells 236,989 Shares of The Campbell's Company $CPB - MarketBeat — MarketBeat neutral
- NEWS Campbell's Readies for Q3 Earnings: Things to Note About CPB Stock - TradingView — TradingView neutral
Generated 2026-06-15T18:11:46Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- LOWCustomerWal-Mart Stores, Inc.21%10-K Item 1A: 'the largest customer, Wal-Mart Stores, Inc. and its affiliates, accounting for approximately 21% of our consolidated net sales'
- MEDIUMCustomertop-5 customers47%10-K Item 1A: 'In 2025, our five largest customers accounted for approximately 47% of our consolidated net sales'
- HIGHSupplierRao's single Italy facility10-K Item 1A: 'the substantial majority of our Rao's tomato-based sauce products are produced by a third-party contract manufacturer at a single facility in Italy'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
2 floor-breakers
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $22.52 — A.R:R is negative (-1.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Supplier: Rao's single Italy facility. Chart setup: Death cross but MACD improving, RSI 80. Prior stop was $21.00. Score 5.1/10, moderate confidence.
Take-profit target: $22.78 (+1.2% upside). Prior stop was $21.00. Stop-loss: $21.00.
Concentration risk — Supplier: Rao's single Italy facility; Analyst target reached - limited upside remaining; Leverage penalty (D/E 1.8): -1.0.
The Campbell's Company trades at a P/E of 11.2 (forward 11.5). TrendMatrix value score: 7.6/10. Verdict: Sell.
28 analysts cover CPB with a consensus score of 2.7/5. Average price target: $21.
What does The Campbell's Company do?Campbell's manufactures and markets branded food and beverage products across two segments: Meals & Beverages (soups,...
Campbell's manufactures and markets branded food and beverage products across two segments: Meals & Beverages (soups, Rao's pasta sauces, Pacific Foods, V8) and Snacks (Goldfish, Pepperidge Farm, Snyder's of Hanover), sold primarily in North America through retail food chains, mass merchandisers, and e-commerce. The company employed approximately 13,700 people as of August 2025, with Walmart accounting for approximately 21% of consolidated net sales.