Sysco Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Sysco stock have an average target of 83.75, with a low estimate of 76 and a high estimate of 90. The average target predicts an increase of 18.64% from the current stock price of 70.59.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$76	$83.75	$85	$90
Change	+7.66%	+18.64%	+20.41%	+27.50%

Analyst Ratings

The average analyst rating for Sysco stock from 12 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	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	4	4	3	3	4	4
Buy	6	6	6	6	5	5
Hold	2	2	1	1	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	12	10	10	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jake Bartlett Truist Securities	Truist Securities	Strong Buy Maintains $87 → $85	Strong Buy	Maintains	$87 → $85	+20.41%	Jun 24, 2024
John Heinbockel Guggenheim	Guggenheim	Hold → Strong Buy Upgrades $85	Hold → Strong Buy	Upgrades	$85	+20.41%	May 28, 2024
Lauren Silberman Deutsche Bank	Deutsche Bank	Strong Buy Maintains $90 → $86	Strong Buy	Maintains	$90 → $86	+21.83%	May 23, 2024
Jeffrey Bernstein Barclays	Barclays	Buy Maintains $88 → $85	Buy	Maintains	$88 → $85	+20.41%	May 23, 2024
Kelly Bania BMO Capital	BMO Capital	Buy Maintains $90 → $85	Buy	Maintains	$90 → $85	+20.41%	May 23, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

79.69B

from 76.32B

4.41%

from 76.32B

Revenue Next Year

83.15B

from 79.69B

4.34%

from 79.69B

EPS This Year

4.33

from 3.47

24.92%

from 3.47

EPS Next Year

4.67

from 4.33

7.72%

from 4.33

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	60.11B	52.89B	51.30B	68.64B	76.32B	79.69B	83.15B	86.72B	91.33B	93.86B
Revenue Growth	2.36%	-12.01%	-3.02%	33.80%	11.20%	4.41%	4.34%	4.30%	5.31%	2.77%
EPS	3.20	0.42	1.02	2.64	3.47	4.33	4.67	5.02	5.60	5.97
EPS Growth	18.52%	-86.88%	142.86%	158.82%	31.44%	24.92%	7.72%	7.47%	11.54%	6.64%
Forward PE	-	-	-	-	-	16.29	15.12	14.07	12.61	11.83
No. Analysts	-	-	-	-	-	21	21	14	5	3

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	83.2B	87.2B	91.1B	97.1B	99.1B
Avg	79.7B	83.2B	86.7B	91.3B	93.9B
Low	77.0B	79.7B	82.9B	86.2B	89.7B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	9.0%	9.4%	9.6%	12.0%	8.5%
Avg	4.4%	4.3%	4.3%	5.3%	2.8%
Low	0.9%	0.1%	-0.3%	-0.6%	-1.8%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	4.53	5.15	5.33	6.04	6.49
Avg	4.33	4.67	5.02	5.60	5.97
Low	4.16	4.46	4.78	5.15	5.53

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	30.4%	18.7%	14.2%	20.3%	15.9%
Avg	24.9%	7.7%	7.5%	11.5%	6.6%
Low	19.7%	2.9%	2.4%	2.7%	-1.3%

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.