Sprouts Farmers Market, Inc. (NASDAQ:SFM) Stock Has Average Target Price of $87.92

Key Points

• Analysts have a consensus “Hold” rating on Sprouts Farmers Market, with seven buys, six holds and one sell; the average 12-month price target is $87.92.
• Third-quarter results were slightly below expectations, with adjusted EPS of $1.21 versus $1.22 expected and revenue of $2.30 billion versus $2.33 billion forecast, despite 4.7% year-over-year revenue growth.
• Sprouts cut its fiscal 2026 outlook as cyclospora-related effects, softer comparable sales, elevated costs and cautious consumer spending weighed on the business; shares opened at $62, near their 52-week low.

Sprouts Farmers Market, Inc. (NASDAQ:SFM - Get Free Report) has received an average rating of "Hold" from the fourteen ratings firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $87.92.

SFM has been the topic of several research reports. Weiss Ratings reissued a "hold (c)" rating on shares of Sprouts Farmers Market in a research note on Monday, September 21st. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Sprouts Farmers Market from $84.00 to $77.00 and set a "hold" rating for the company in a report on Friday, September 25th. Roth Capital set a $82.00 price objective on shares of Sprouts Farmers Market in a research note on Friday, July 31st. UBS Group reaffirmed a "neutral" rating and issued a $74.00 price objective on shares of Sprouts Farmers Market in a research note on Monday. Finally, Royal Bank Of Canada reduced their target price on shares of Sprouts Farmers Market from $114.00 to $111.00 and set an "outperform" rating on the stock in a report on Tuesday, October 20th.

More Sprouts Farmers Market News

Here are the key news stories impacting Sprouts Farmers Market this week:

• Positive Sentiment: Revenue increased 4.7% year over year to approximately $2.30 billion, while the company continues expanding its store base and digital capabilities. Sprouts is also opening three additional Arizona locations. Sprouts Farmers Market Reports Third Quarter 2026 Results
• Positive Sentiment: Same-day delivery is being expanded to 500 stores, supporting customer convenience and potentially strengthening Sprouts’ digital sales growth. However, the announcement also included the departure of Chief Technology Officer David McGlinchey. Sprouts Brings Same Day Delivery to 500 Stores
• Neutral Sentiment: UBS initiated or maintained a Hold rating, reflecting a more cautious view of the shares following mixed operating trends. Earlier analysis also suggested the stock appeared inexpensive, but fair-value estimates edged lower after mixed analyst revisions. UBS Releases a Hold Rating
• Negative Sentiment: Third-quarter adjusted earnings were $1.21 per share, below the $1.22 consensus estimate and down from $1.22 a year earlier. Revenue also missed expectations of roughly $2.33 billion, contributing to the stock’s decline. Sprouts Misses Q3 Earnings and Revenue Estimates
• Negative Sentiment: Sprouts cut its fiscal 2026 outlook as the impact of the cyclospora issue continues to weigh on results. Analysts also highlighted slipping comparable sales, elevated costs and cautious consumer spending, increasing concerns about future profit growth. Sprouts Cuts FY26 Outlook

Insider Buying and Selling at Sprouts Farmers Market

In other news, CEO Jack Sinclair sold 10,788 shares of the firm's stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $64.48, for a total transaction of $695,610.24. Following the transaction, the chief executive officer directly owned 269,980 shares of the company's stock, valued at approximately $17,408,310.40. This trade represents a 3.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph D. O'leary sold 2,597 shares of Sprouts Farmers Market stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $82.57, for a total value of $214,434.29. Following the completion of the transaction, the director owned 14,710 shares in the company, valued at approximately $1,214,604.70. This represents a 15.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 46,041 shares of company stock valued at $3,460,383 over the last three months. 1.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Sprouts Farmers Market

Institutional investors have recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in Sprouts Farmers Market in the 2nd quarter worth approximately $768,171,000. Swedbank AB bought a new stake in Sprouts Farmers Market in the first quarter valued at approximately $121,906,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in Sprouts Farmers Market in the second quarter valued at approximately $131,310,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Sprouts Farmers Market by 8.2% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,464,015 shares of the company's stock valued at $123,826,000 after purchasing an additional 111,574 shares during the last quarter. Finally, Bank of America Corp DE purchased a new stake in shares of Sprouts Farmers Market during the second quarter valued at approximately $93,790,000.

Sprouts Farmers Market Stock Down 3.7%

SFM opened at $62.00 on Thursday. The stock has a market cap of $5.78 billion, a PE ratio of 11.88, a P/E/G ratio of 1.68 and a beta of 0.67. The company has a quick ratio of 0.43, a current ratio of 0.99 and a debt-to-equity ratio of 0.07. Sprouts Farmers Market has a 52 week low of $60.47 and a 52 week high of $106.04. The business's fifty day simple moving average is $70.88 and its 200 day simple moving average is $76.59.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $1.21 earnings per share for the quarter, missing analysts' consensus estimates of $1.22 by ($0.01). The firm had revenue of $2.30 billion for the quarter, compared to analysts' expectations of $2.33 billion. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 34.84%. The business's quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the prior year, the business posted $1.22 earnings per share. As a group, research analysts expect that Sprouts Farmers Market will post 5.52 earnings per share for the current fiscal year.

Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc NASDAQ: SFM is a specialty grocery retailer focused on fresh, natural and organic foods. Its stores offer a broad selection of fresh produce, meat and seafood, dairy products, bulk foods, vitamins and supplements, pantry staples, bakery items, deli products and prepared foods. The company emphasizes products that support healthy eating, including organic, plant-based and specialty-diet options.

Founded in 2002, Sprouts Farmers Market grew from its first store in Chandler, Arizona, into a national grocery chain.

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