Cal-Maine Foods, Inc. (CALM) Stock Analysis
Recovery setup
Consumer Defensive · Farm Products
Sell if holding. At $78.86, A.R:R is negative (-0.8) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Product: fresh shell eggs; Earnings expected to decline ~75% (cyclical peak).
Cal-Maine Foods, the largest U.S. shell egg producer and distributor, sells conventional, specialty, and egg products across 40 states with a flock of ~48.3 million layers as of May 2025. Revenue flows from wholesale egg sales to retail (86% of shell egg revenue) and foodservice... Read more
Sell if holding. At $78.86, A.R:R is negative (-0.8) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Product: fresh shell eggs; Earnings expected to decline ~75% (cyclical peak). Chart setup: Death cross but MACD improving, RSI 61. Score 4.8/10, moderate confidence.
Passes 6/9 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 36d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-06-15Recent Developments — Cal-Maine Foods, Inc.
Latest news
- NEWS 'Justice Department Nears Filing Antitrust Case Against Egg Producers'-WSJ — benzinga Apr 17, 2026 negative
- NEWS $100 Invested In Cal-Maine Foods 20 Years Ago Would Be Worth This Much Today — benzinga Apr 6, 2026 neutral
Generated 2026-06-15T18:11:46Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMCustomerWalmart Inc.34%10-K Item 1A: 'Our largest customer, Walmart Inc. (including Sam's Club), accounted for 33.6%, 34.0% and 34.2% of net sales dollars for fiscal 2025, 2024 and 2023, respectively.'
- MEDIUMCustomertop three customers49%10-K Item 1A: 'Our top three customers accounted for an aggregate of 49.2%, 49.0% and 50.1% of our net sales dollars for fiscal 2025, 2024 and 2023, respectively.'
- HIGHProductfresh shell eggs10-K Item 1A: 'The production and sale of fresh shell eggs, which accounted for 94.3% to 95.3% of our net sales in our last three fiscal years, is intensely competitive.'
Material Events(8-K, last 90d)
- 2026-04-01Item 5.02LOWDudley Wooley elected as Class III independent director at Cal-Maine Foods effective March 31, 2026, to serve until the 2027 annual meeting. Annual equity award of $100,000 in RSAs vesting 100% on January 12, 2029. Routine board addition; no reason cited.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
2 floor-breakers
Revenue shrinking — -53.0% YoY. Growth thesis broken unless recovery story develops.static
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. At $78.86, A.R:R is negative (-0.8) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Product: fresh shell eggs; Earnings expected to decline ~75% (cyclical peak). Chart setup: Death cross but MACD improving, RSI 61. Prior stop was $74.74. Score 4.8/10, moderate confidence.
Take-profit target: $78.89 (0.0% upside). Prior stop was $74.74. Stop-loss: $74.74.
Concentration risk — Product: fresh shell eggs; Earnings expected to decline ~75% (cyclical peak); Analyst target reached - limited upside remaining.
Cal-Maine Foods, Inc. trades at a P/E of 5.4 (forward 21.7). TrendMatrix value score: 6.9/10. Verdict: Sell.
11 analysts cover CALM with a consensus score of 3.7/5. Average price target: $88.
What does Cal-Maine Foods, Inc. do?Cal-Maine Foods, the largest U.S. shell egg producer and distributor, sells conventional, specialty, and egg products...
Cal-Maine Foods, the largest U.S. shell egg producer and distributor, sells conventional, specialty, and egg products across 40 states with a flock of ~48.3 million layers as of May 2025. Revenue flows from wholesale egg sales to retail (86% of shell egg revenue) and foodservice customers, with Walmart representing 33.6% and the top three customers collectively 49.2% of fiscal 2025 net sales.