Sprouts Farmers Market, Inc. (SFM)

Sprouts Farmers Market Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for SFM stock have an average target of 116.7, with a low estimate of 78 and a high estimate of 159. The average target predicts a decrease of -24.46% from the current stock price of 154.48.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$78	$116.7	$130	$159
Change	-49.51%	-24.46%	-15.85%	+2.93%

Analyst Ratings

The average analyst rating for SFM stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	2	2	2	2	2
Buy	0	0	0	1	1	1
Hold	5	8	8	8	8	8
Sell	2	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	10	10	11	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Kate McShane Goldman Sachs	Goldman Sachs	Strong Buy Maintains $127 → $159	Strong Buy	Maintains	$127 → $159	+2.93%	Nov 1, 2024
Edward Kelly Wells Fargo	Wells Fargo	Hold Maintains $90 → $130	Hold	Maintains	$90 → $130	-15.85%	Oct 31, 2024
Kelly Bania BMO Capital	BMO Capital	Hold Maintains $102 → $140	Hold	Maintains	$102 → $140	-9.37%	Oct 31, 2024
Robert Ohmes B of A Securities	B of A Securities	Strong Buy Maintains $115 → $135	Strong Buy	Maintains	$115 → $135	-12.61%	Oct 25, 2024
Michael Morris Evercore ISI Group	Evercore ISI Group	Buy Maintains $125 → $130	Buy	Maintains	$125 → $130	-15.85%	Oct 22, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

7.75B

Increased by 13.38%

from 6.84B

Revenue Next Year

8.54B

Increased by 10.15%

from 7.75B

EPS This Year

3.73

Increased by 49.02%

from 2.50

EPS Next Year

4.24

Increased by 13.80%

from 3.73

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 29, 2019	Jan 3, 2021	Jan 2, 2022	Jan 1, 2023	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	5.63B	6.47B	6.10B	6.40B	6.84B	7.75B	8.54B	9.44B
Revenue Growth	8.21%	14.80%	-5.70%	4.99%	6.76%	13.38%	10.15%	10.54%
EPS	1.25	2.43	2.10	2.39	2.50	3.73	4.24	4.76
EPS Growth	2.46%	94.40%	-13.58%	13.81%	4.60%	49.02%	13.80%	12.20%
Forward PE	-	-	-	-	-	41.47	36.44	32.48
No. Analysts	-	-	-	-	-	17	16	12

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	8.1B	9.0B	10.0B
Avg	7.8B	8.5B	9.4B
Low	7.5B	8.1B	9.0B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	18.3%	16.2%	17.5%
Avg	13.4%	10.2%	10.5%
Low	9.8%	4.6%	5.1%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	3.93	4.73	5.23
Avg	3.73	4.24	4.76
Low	3.58	3.96	4.25

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	57.1%	26.8%	23.3%
Avg	49.0%	13.8%	12.2%
Low	43.1%	6.4%	0.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.