Sprouts Farmers Market, Inc. (SFM)
NASDAQ: SFM · Real-Time Price · USD
118.27
+0.85 (0.72%)
At close: Oct 22, 2024, 4:00 PM
118.50
+0.23 (0.19%)
After-hours: Oct 22, 2024, 6:51 PM EDT
Sprouts Farmers Market Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for SFM stock have an average target of 103.7, with a low estimate of 78 and a high estimate of 130. The average target predicts a decrease of -12.32% from the current stock price of 118.27.
Analyst Consensus: Buy
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 5 | 5 | 8 | 8 | 8 | 8 |
| Sell | 2 | 2 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 10 | 10 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $125 → $130 | Buy | Maintains | $125 → $130 | +9.92% | Oct 22, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $111 → $127 | Strong Buy | Maintains | $111 → $127 | +7.38% | Oct 22, 2024 |
| Melius Research | Melius Research | Hold Initiates $105 | Hold | Initiates | $105 | -11.22% | Sep 23, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold → Buy Upgrades $96 → $120 | Hold → Buy | Upgrades | $96 → $120 | +1.46% | Sep 16, 2024 |
| RBC Capital | RBC Capital | Hold Initiates $107 | Hold | Initiates | $107 | -9.53% | Sep 12, 2024 |
Financial Forecast
Revenue This Year
7.59B
from 6.84B
Increased by 10.93%
Revenue Next Year
8.30B
from 7.59B
Increased by 9.45%
EPS This Year
3.40
from 2.50
Increased by 35.99%
EPS Next Year
3.72
from 3.40
Increased by 9.56%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.9B | 8.9B | 9.8B | ||
| Avg | 7.6B | 8.3B | 9.1B | ||
| Low | 7.3B | 7.9B | 8.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.0% | 17.0% | 17.5% | ||
| Avg | 10.9% | 9.5% | 9.8% | ||
| Low | 7.1% | 4.0% | 5.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.64 | 4.04 | 4.63 | ||
| Avg | 3.40 | 3.72 | 4.23 | ||
| Low | 3.07 | 3.29 | 3.92 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 45.7% | 18.9% | 24.3% | ||
| Avg | 36.0% | 9.6% | 13.6% | ||
| Low | 22.7% | -3.1% | 5.1% |
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.