Conagra Brands slides as fresh sell-side cut pressures sentiment ahead of next earnings

Conagra Brands (CAG) is down 6.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The drop appears tied to renewed analyst pressure after Goldman Sachs lowered its price target and reiterated a bearish rating, which can prompt fast de-risking in a high-yield, low-momentum consumer staples name. With the next quarterly report approaching, investors may also be repositioning amid lingering concerns about volume trends and profit headwinds flagged in recent results.

Details:

Goldman Sachs lowered its price target on Conagra Brands to $16 from $18 while maintaining a Sell rating.

A market note highlighting the day’s move pointed to at least one downgrade recorded on March 10, 2026, adding to negative near-term sentiment around the shares.

Conagra’s fiscal 2026 second-quarter release included a large non-cash goodwill/brand impairment charge and reiterated full-year guidance ranges, which has kept investor focus on underlying demand and margins rather than reported earnings.

The company has announced it plans to report fiscal 2026 third-quarter results on April 1, 2026, which can increase volatility as expectations reset.

Sources:

Conagra Brands Investor Relations, AAII, TipRanks (TheFly)

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$CAG Insider Trading Activity

$CAG insiders have traded $CAG stock on the open market 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $CAG stock by insiders over the last 6 months:

MELISSA C. NAPIER (SVP, Corporate Controller) sold 13,011 shares for an estimated $223,659
THOMAS K BROWN purchased 10,000 shares for an estimated $187,200

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$CAG Hedge Fund Activity

We have seen 361 institutional investors add shares of $CAG stock to their portfolio, and 539 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 5,060,241 shares (-75.7%) from their portfolio in Q4 2025, for an estimated $87,592,771
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ removed 4,179,995 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $76,535,708
RENAISSANCE TECHNOLOGIES LLC removed 3,918,800 shares (-84.8%) from their portfolio in Q4 2025, for an estimated $67,834,428
QUBE RESEARCH & TECHNOLOGIES LTD removed 3,332,981 shares (-56.3%) from their portfolio in Q4 2025, for an estimated $57,693,901
BLACKROCK, INC. added 3,186,699 shares (+7.4%) to their portfolio in Q4 2025, for an estimated $55,161,759
PACER ADVISORS, INC. removed 3,132,204 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $54,218,451
DIMENSIONAL FUND ADVISORS LP added 2,948,081 shares (+20.1%) to their portfolio in Q4 2025, for an estimated $51,031,282

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$CAG Government Contracts

We have seen $1,166,983 of award payments to $CAG over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

$CAG Congressional Stock Trading

Members of Congress have traded $CAG stock 6 times in the past 6 months. Of those trades, 3 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $CAG stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 5 times. They made 2 purchases worth up to $30,000 on 02/10, 11/12 and 3 sales worth up to $45,000 on 01/09, 12/19, 10/09.
SENATOR GARY C. PETERS purchased up to $15,000 on 11/14.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$CAG Analyst Ratings

Wall Street analysts have issued reports on $CAG in the last several months. We have seen 0 firms issue buy ratings on the stock, and 2 firms issue sell ratings.

Here are some recent analyst ratings:

B of A Securities issued a "Underperform" rating on 12/22/2025
Goldman Sachs issued a "Sell" rating on 11/25/2025

To track analyst ratings and price targets for $CAG, check out Quiver Quantitative's $CAG forecast page.

$CAG Price Targets

Multiple analysts have issued price targets for $CAG recently. We have seen 12 analysts offer price targets for $CAG in the last 6 months, with a median target of $18.0.

Here are some recent targets:

Megan Alexander from Morgan Stanley set a target price of $19.0 on 02/18/2026
Chris Carey from Wells Fargo set a target price of $18.0 on 01/05/2026
Bryan Adams from UBS set a target price of $18.0 on 12/23/2025
Steve Powers from Deutsche Bank set a target price of $18.0 on 12/22/2025
David Palmer from Evercore ISI Group set a target price of $22.0 on 12/22/2025
Robert Moskow from TD Cowen set a target price of $18.0 on 12/22/2025
Bryan Spillane from B of A Securities set a target price of $17.0 on 12/22/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.