Grocery Outlet Holding Corp. (GO)
NASDAQ: GO · Real-Time Price · USD
19.93
-0.05 (-0.25%)
Dec 3, 2024, 1:44 PM EST - Market open
Grocery Outlet Holding Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for GO stock have an average target of 18, with a low estimate of 15 and a high estimate of 26. The average target predicts a decrease of -9.68% from the current stock price of 19.93.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for GO stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 1 | 1 | 1 |
| Buy | 1 | 2 | 2 | 2 | 1 | 1 |
| Hold | 4 | 5 | 4 | 4 | 7 | 8 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 10 | 11 | 10 | 9 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $21 → $16 | Hold | Maintains | $21 → $16 | -19.72% | Nov 6, 2024 |
| Roth MKM | Roth MKM | Hold Maintains $20 → $16 | Hold | Maintains | $20 → $16 | -19.72% | Nov 6, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Hold Maintains $19 → $18 | Hold | Maintains | $19 → $18 | -9.68% | Nov 6, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $29 → $26 | Strong Buy | Maintains | $29 → $26 | +30.46% | Nov 6, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $26 → $23 | Buy | Maintains | $26 → $23 | +15.40% | Nov 6, 2024 |
Financial Forecast
Revenue This Year
4.49B
from 3.97B
Increased by 13.11%
Revenue Next Year
4.87B
from 4.49B
Increased by 8.53%
EPS This Year
0.81
from 0.79
Increased by 2.48%
EPS Next Year
0.97
from 0.81
Increased by 20.27%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.6B | 5.1B | 5.5B | ||
| Avg | 4.5B | 4.9B | 5.3B | ||
| Low | 4.3B | 4.5B | 4.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.6% | 13.7% | 13.8% | ||
| Avg | 13.1% | 8.5% | 9.1% | ||
| Low | 7.4% | 0.7% | 1.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.84 | 1.16 | 1.27 | ||
| Avg | 0.81 | 0.97 | 1.10 | ||
| Low | 0.75 | 0.83 | 0.95 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.3% | 42.7% | 30.5% | ||
| Avg | 2.5% | 20.3% | 13.0% | ||
| Low | -4.5% | 2.9% | -2.4% |
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.