Conagra Brands Downgraded to Sell as FY 2027 Financial Outlook Weakens

Key Facts

1Conagra Brands was downgraded from Hold to Sell due to persistent operational and macro headwinds.

2The company projects a 16% decline in EPS and a 33% drop in free cash flow by FY '27.

3Adjusted operating margins dropped to 11.5% while leverage rose to 3.99x.

Conagra Brands was downgraded from Hold to Sell due to persistent operational and macro headwinds facing the company. Seeking Alpha reported that the downgrade follows a quarter marked by declining organic net sales and volumes, leading to a weakened long-term financial outlook.

The company projects a 16% decline in EPS and a 33% drop in free cash flow by fiscal year 2027, as adjusted operating margins fell to 11.5% and leverage rose to 3.99x. CAG closed at $13.44 on September 30, 2026, after reaching a day high of $14.31 and a low of $13.27.