The Kroger Co. (KR)
NYSE: KR · IEX Real-Time Price · USD
57.05
+0.15 (0.26%)
Mar 28, 2024, 1:03 PM EDT - Market open

The Kroger Co. Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for The Kroger Co. stock have an average target of 55.5, with a low estimate of 46 and a high estimate of 64. The average target predicts a decrease of -2.72% from the current stock price of 57.05.

Analyst Consensus: Buy
Target Low Average Median High
Price $46 $55.5 $58 $64
Change -19.37% -2.72% +1.67% +12.18%

Analyst Ratings

The average analyst rating for The Kroger Co. stock from 10 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 111111
Buy 544333
Hold 877566
Sell 111000
Strong Sell 000000
Total 15131391010

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Telsey Advisory Group
Telsey Advisory Group
Buy
Maintains
$60$62
Buy Maintains $60$62 +8.68% Mar 28, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$62$64
Buy Maintains $62$64 +12.18% Mar 26, 2024
Guggenheim
Guggenheim
Strong Buy
Maintains
$60$61
Strong Buy Maintains $60$61 +6.92% Mar 19, 2024
Telsey Advisory Group
Telsey Advisory Group
Buy
Reiterates
$60
Buy Reiterates $60 +5.17% Mar 19, 2024
Roth MKM
Roth MKM
Hold
Reiterates
$46$50
Hold Reiterates $46$50 -12.36% Mar 12, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
153.40B
from 150.04B
Increased by 2.24%
Revenue Next Year
156.02B
from 153.40B
Increased by 1.71%
EPS This Year
4.47
from 2.98
Increased by 50.17%
EPS Next Year
4.55
from 4.47
Increased by 1.58%
Year 2019202020212022202320242025202620272028
Revenue
122.29B132.50B137.89B148.26B150.04B153.40B156.02B160.64B164.24B170.88B
Revenue Growth
0.93%8.35%4.07%7.52%1.20%2.24%1.71%2.96%2.24%4.04%
EPS
2.043.272.172.792.984.474.555.005.245.77
EPS Growth
-46.32%60.29%-33.64%28.57%6.81%50.17%1.58%9.89%4.95%10.02%
No. Analysts -----2619664
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 163.1B 161.4B 164.2B 167.9B 174.2B
Avg 153.4B 156.0B 160.6B 164.2B 170.9B
Low 143.6B 146.4B 152.6B 155.7B 162.6B

Revenue Growth

Revenue Growth 20242025202620272028
High
8.7%
5.2%
5.3%
4.5%
6.1%
Avg
2.2%
1.7%
3.0%
2.2%
4.0%
Low
-4.3%
-4.6%
-2.2%
-3.1%
-1.0%

EPS Forecast

EPS 20242025202620272028
High 4.96 4.89 5.23 5.48 5.88
Avg 4.47 4.55 5.00 5.24 5.77
Low 4.06 3.45 4.54 4.74 5.49

EPS Growth

EPS Growth 20242025202620272028
High
66.3%
9.3%
15.0%
9.7%
12.2%
Avg
50.2%
1.6%
9.9%
4.9%
10.0%
Low
36.1%
-23.0%
-0.2%
-5.1%
4.7%
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.