Sprouts Farmers Market, Inc. (SFM)
NASDAQ: SFM · IEX Real-Time Price · USD
65.59
+0.10 (0.15%)
Apr 24, 2024, 4:00 PM EDT - Market closed

Sprouts Farmers Market Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for SFM stock have an average target of 44, with a low estimate of 29 and a high estimate of 71. The average target predicts a decrease of -32.92% from the current stock price of 65.59.

Analyst Consensus: Hold
Target Low Average Median High
Price $29 $44 $42 $71
Change -55.79% -32.92% -35.97% +8.25%

Analyst Ratings

The average analyst rating for SFM stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 011111
Buy 000000
Hold 856655
Sell 443322
Strong Sell 100000
Total 1310101088

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$62$61
Hold Maintains $62$61 -7.00% Apr 16, 2024
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$62$63
Hold Maintains $62$63 -3.95% Apr 2, 2024
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$59$62
Hold Maintains $59$62 -5.47% Mar 26, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$56$71
Strong Buy Maintains $56$71 +8.25% Mar 5, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$49$56
Strong Buy Maintains $49$56 -14.62% Feb 26, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
7.38B
from 6.84B
Increased by 7.99%
Revenue Next Year
8.02B
from 7.38B
Increased by 8.59%
EPS This Year
2.95
from 2.50
Increased by 17.92%
EPS Next Year
3.16
from 2.95
Increased by 7.22%
Year 201920202021202220232024202520262027
Revenue
5.63B6.47B6.10B6.40B6.84B7.38B8.02B8.89B9.14B
Revenue Growth
8.21%14.80%-5.70%4.99%6.76%7.99%8.59%10.88%2.80%
EPS
1.252.432.102.392.502.953.163.462.69
EPS Growth
2.46%94.40%-13.58%13.81%4.60%17.92%7.22%9.35%-22.27%
No. Analysts -----161362
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 7.8B 8.5B 9.4B 9.5B
Avg 7.4B 8.0B 8.9B 9.1B
Low 7.1B 7.6B 8.4B 8.9B

Revenue Growth

Revenue Growth 2024202520262027
High
13.5%
15.6%
17.5%
6.9%
Avg
8.0%
8.6%
10.9%
2.8%
Low
3.8%
3.1%
4.2%
-0.2%

EPS Forecast

EPS 2024202520262027
High 3.18 3.54 4.12 2.79
Avg 2.95 3.16 3.46 2.69
Low 2.50 2.29 2.58 2.61

EPS Growth

EPS Growth 2024202520262027
High
27.3%
20.0%
30.2%
-19.2%
Avg
17.9%
7.2%
9.3%
-22.3%
Low
-0.0%
-22.2%
-18.5%
-24.6%
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.