Sprouts Farmers Market, Inc. (SFM)
NASDAQ: SFM · IEX Real-Time Price · USD
78.98
-0.05 (-0.06%)
At close: May 31, 2024, 4:00 PM
79.90
+0.92 (1.16%)
After-hours: May 31, 2024, 7:54 PM EDT
Sprouts Farmers Market Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for SFM stock have an average target of 55.43, with a low estimate of 37 and a high estimate of 71. The average target predicts a decrease of -29.82% from the current stock price of 78.98.
Analyst Consensus: Hold
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 6 | 6 | 5 | 6 | 5 |
| Sell | 4 | 3 | 3 | 2 | 1 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $68 → $70 | Hold | Maintains | $68 → $70 | -11.37% | May 14, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $60 → $63 | Hold | Maintains | $60 → $63 | -20.23% | May 9, 2024 |
| BMO Capital | BMO Capital | Sell Maintains $31 → $40 | Sell | Maintains | $31 → $40 | -49.35% | May 2, 2024 |
| Wells Fargo | Wells Fargo | Sell Maintains $48 → $62 | Sell | Maintains | $48 → $62 | -21.50% | May 2, 2024 |
| Oppenheimer | Oppenheimer | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Apr 29, 2024 |
Financial Forecast
Revenue This Year
7.47B
from 6.84B
Increased by 9.21%
Revenue Next Year
8.13B
from 7.47B
Increased by 8.87%
EPS This Year
3.15
from 2.50
Increased by 25.91%
EPS Next Year
3.36
from 3.15
Increased by 6.74%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.8B | 8.7B | 9.5B | 9.9B | 10.5B |
| Avg | 7.5B | 8.1B | 8.9B | 9.5B | 10.1B |
| Low | 7.2B | 7.7B | 8.5B | 9.1B | 9.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.6% | 16.5% | 17.0% | 11.2% | 10.9% |
| Avg | 9.2% | 8.9% | 10.0% | 6.2% | 6.6% |
| Low | 5.2% | 3.1% | 4.3% | 2.3% | 3.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.38 | 3.76 | 4.32 | 4.45 | 3.61 |
| Avg | 3.15 | 3.36 | 3.69 | 3.76 | 3.47 |
| Low | 2.86 | 2.55 | 2.84 | 3.15 | 3.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 35.2% | 19.4% | 28.4% | 20.5% | -4.0% |
| Avg | 25.9% | 6.7% | 9.9% | 1.9% | -7.7% |
| Low | 14.5% | -19.1% | -15.4% | -14.8% | -10.4% |
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.