JPMorgan Chase & Co. Issues Pessimistic Forecast for Sprouts Farmers Market (NASDAQ:SFM) Stock Price

Sprouts Farmers Market (NASDAQ:SFM) had its target price reduced by research analysts at JPMorgan Chase & Co. from $103.00 to $90.00 in a report issued on Tuesday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 37.91% from the company’s previous close.

A number of other equities analysts have also weighed in on the company. Evercore reaffirmed an “outperform” rating and set a $95.00 target price on shares of Sprouts Farmers Market in a research report on Tuesday, September 1st. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Sprouts Farmers Market from $84.00 to $77.00 and set a “hold” rating for the company in a research report on Friday, September 25th. Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Monday, September 21st. UBS Group restated a “neutral” rating on shares of Sprouts Farmers Market in a report on Wednesday, September 23rd. Finally, Roth Capital set a $82.00 price objective on shares of Sprouts Farmers Market in a research note on Friday, July 31st. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Sprouts Farmers Market presently has an average rating of “Hold” and a consensus price target of $90.58.

Sprouts Farmers Market Stock Performance

Shares of Sprouts Farmers Market stock opened at $65.26 on Tuesday. Sprouts Farmers Market has a one year low of $61.88 and a one year high of $114.34. The firm has a market capitalization of $6.09 billion, a price-to-earnings ratio of 12.50, a PEG ratio of 1.66 and a beta of 0.67. The business has a 50-day simple moving average of $76.71 and a 200 day simple moving average of $78.98. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.99 and a quick ratio of 0.43.

Sprouts Farmers Market (NASDAQ:SFM) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.02. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.The business had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same period in the prior year, the business earned $1.35 EPS. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. Sprouts Farmers Market has set its Q3 2026 guidance at 1.200-1.240 EPS and its FY 2026 guidance at 5.320-5.400 EPS. On average, research analysts anticipate that Sprouts Farmers Market will post 5.52 earnings per share for the current fiscal year.

Insider Activity at Sprouts Farmers Market

In related news, Director Joseph O’Leary sold 2,597 shares of Sprouts Farmers Market stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $82.57, for a total transaction of $214,434.29. Following the transaction, the director owned 14,710 shares of the company’s stock, valued at $1,214,604.70. The trade was a 15.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Jack Sinclair sold 10,788 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $86.80, for a total value of $936,398.40. Following the sale, the chief executive officer owned 269,980 shares of the company’s stock, valued at $23,434,264. This trade represents a 3.84% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 46,041 shares of company stock worth $3,460,383. 1.30% of the stock is owned by insiders.

Hedge Funds Weigh In On Sprouts Farmers Market

A number of hedge funds have recently bought and sold shares of the company. Versant Capital Management Inc boosted its holdings in Sprouts Farmers Market by 104.0% during the third quarter. Versant Capital Management Inc now owns 714 shares of the company’s stock worth $47,000 after purchasing an additional 364 shares during the last quarter. Sarver Vrooman Wealth Advisors purchased a new position in shares of Sprouts Farmers Market in the 3rd quarter worth approximately $33,000. QRG Capital Management Inc. grew its holdings in shares of Sprouts Farmers Market by 13.3% in the second quarter. QRG Capital Management Inc. now owns 2,991 shares of the company’s stock valued at $253,000 after acquiring an additional 350 shares in the last quarter. Core Capital Management & Research inc. bought a new stake in Sprouts Farmers Market during the second quarter worth $40,000. Finally, Sequoia Financial Advisors LLC increased its stake in shares of Sprouts Farmers Market by 26.7% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 10,111 shares of the company’s stock worth $855,000 after purchasing an additional 2,129 shares during the last quarter.

Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc operates a specialty grocery chain focused on fresh, natural and organic products. Its stores offer fresh produce, meat and seafood, dairy, bakery and deli items, bulk foods, vitamins and supplements, packaged groceries, and a range of plant-based and health-oriented products.

Founded in 2002, Sprouts Farmers Market was developed around a farmers-market-inspired shopping experience, with an emphasis on value, fresh foods and products aligned with healthy lifestyles.