Here's how much Campbell's soup stock is down since scandal
Campbell SoupCampbell Soup(US:CPB) Finbold·2025-12-03 11:49

Core Viewpoint - Campbell's is facing a significant controversy due to a lawsuit involving its former vice president, which has negatively impacted its stock performance and raised concerns ahead of its upcoming earnings report [1][2]. Stock Performance - Following the allegations, Campbell's shares fell over 3% on November 24 and continued to decline, reaching lows reminiscent of the Global Financial Crisis. As of December 3, the stock was trading at $29.89, down approximately 5.3% from $31.56 on November 24 [2]. Earnings Report Expectations - Campbell's fiscal first-quarter earnings report is set to be released on December 9, with mixed predictions from analysts. Evercore ISI maintains an "In Line" rating with a $36 price target but anticipates declines in both sales and profit [3]. - The Zacks Consensus Estimate projects quarterly earnings of $0.74 per share, reflecting a 16.9% decrease year-over-year, while revenue is expected to be $2.66 billion, down 3.9% from the previous year [4]. Long-term Outlook - Despite the current challenges, the long-term outlook for Campbell's stock appears more positive. The majority of analysts rate it a "Hold," with an average price target of $33.21 for the next 12 months, indicating an 8.56% upside from current levels [5].