Campbell’s 18% Stock Plunge Follows Cramer’s Warning on 2026 Earnings Decline
Jim Cramer flagged Campbell’s $7.7 billion market cap and roughly 6% dividend yield as unattractive given suspected 2026 earnings declines. Since his comments, the stock has plunged over 18% despite the successful Rao’s acquisition and solid snack-and-soup brand portfolio.
1. Cramer Highlights Earnings Concerns
Jim Cramer noted that Campbell’s is valued at $7.7 billion with a near-6% yield but warned that suspected earnings declines in 2026 make money managers wary of buying the stock.
2. Stock Price Reaction
Following the commentary, Campbell’s stock has fallen over 18%, reflecting investor concerns about future profitability despite its dividend payout.
3. Brand Portfolio and Acquisition
Campbell’s portfolio includes soups, broths and snacks under brands like Pepperidge Farm and Snyder’s of Hanover, and the acquisition of Rao’s has been touted as a successful growth driver.