Evercore lowers target for B&G Foods stock to USD 3.00
Published on 10/24/2026 at 20:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Evercore ISI Group maintained an In-Line rating and lowered its B&G Foods target to USD 3.00 on October 23, 2026.
- Second-quarter revenue was USD 383.27 million for the period ended July 4, 2026.
- B&G Foods stock costs EUR 1.87 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST.
- The next scheduled earnings report is November 4, 2026.
B&G Foods, Inc. (ISIN US05508R1068) faces a lower analyst valuation after Evercore ISI Group maintained an In-Line rating and cut its price target to USD 3.00 on October 23, 2026, as Benzinga reported. B&G Foods stock was trading at EUR 1.87 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST.
Revenue remains the key figure
B&G Foods generated USD 383.27 million in revenue in the second quarter ended July 4, 2026, according to Earnings Today. The figure was 2.90 percent below the USD 394.90 million consensus estimate and 6.28 percent below the USD 408.94 million reported in the first quarter of 2026. Net income was negative USD 3.98 million, while operating income reached USD 34.58 million in the same quarter.
Stock position remains close to the low
The primary listing is on the NYSE. B&G Foods last traded at USD 2.10 on October 23, 2026 at 4:00 p.m. ET, compared with a USD 2.15 prior session level. Its 52-week range was USD 2.01 to USD 6.38 as of October 23, 2026, placing the latest US quote 4.48 percent above the low and 67.08 percent below the high.
Target and reporting date
Barclays had lowered its target to USD 3.00 from USD 4.50 on October 16, 2026, while retaining an Equal Weight rating, according to Markets Insider. B&G Foods' next scheduled earnings report is November 4, 2026, according to Earnings Today.
Comparison with peers
B&G Foods: last traded USD 2.10 on the NYSE, P/E minus 2.36, market capitalization USD 170.7 million.
The Kraft Heinz Company (NASDAQ, USD): down 1.16 percent, P/E minus 8.67, market capitalization USD 29.4 billion.
Campbell Soup Company (NASDAQ, USD): down 2.49 percent, P/E 15.82, market capitalization USD 6.2 billion.
What investors can track next
The combination of a USD 3.00 Evercore target and the November reporting date puts the next quarterly update at the center of the stock's near-term calendar. The second-quarter figures provide a concrete baseline: revenue of USD 383.27 million, operating income of USD 34.58 million and negative net income of USD 3.98 million.
The further course of trading is shown by the continuously updated real-time quote of B&G Foods stock.
B&G Foods stock at a glance
- Company: B&G Foods, Inc.
- ISIN: US05508R1068
- Ticker: BGS
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 24, 2026, 1:04 p.m. CEST): EUR 1.87
- Market capitalization: USD 170.7 million (as of October 23, 2026)
- 52-week range: USD 2.01-6.38 (as of October 23, 2026)
- Sector / Industry: Consumer Defensive / Packaged Foods
- Next earnings date: November 4, 2026
Market context: Market report S&P 500.
