Zacks Research Brokers Raise Earnings Estimates for SFM

Sprouts Farmers Market, Inc. (NASDAQ:SFM) – Analysts at Zacks Research increased their Q3 2026 earnings per share estimates for Sprouts Farmers Market in a research report issued on Wednesday, May 13th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $1.32 for the quarter, up from their prior forecast of $1.29. The consensus estimate for Sprouts Farmers Market’s current full-year earnings is $5.57 per share. Zacks Research also issued estimates for Sprouts Farmers Market’s Q4 2026 earnings at $1.20 EPS, FY2026 earnings at $5.57 EPS, Q1 2027 earnings at $1.86 EPS, Q3 2027 earnings at $1.36 EPS and FY2027 earnings at $5.73 EPS.

Other analysts have also issued reports about the company. UBS Group dropped their price target on Sprouts Farmers Market from $108.00 to $75.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Friday, March 27th. Bank of America reduced their price target on shares of Sprouts Farmers Market from $104.00 to $92.00 and set a “buy” rating for the company in a research report on Friday, February 20th. Wall Street Zen lowered shares of Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Finally, Wells Fargo & Company dropped their target price on shares of Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating on the stock in a research note on Friday, February 20th. Seven equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Sprouts Farmers Market currently has a consensus rating of “Hold” and an average price target of $96.08.

Sprouts Farmers Market Stock Down 1.5%

Sprouts Farmers Market stock opened at $86.96 on Friday. Sprouts Farmers Market has a fifty-two week low of $64.75 and a fifty-two week high of $182.00. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.42 and a current ratio of 0.92. The firm’s 50-day simple moving average is $77.88 and its 200 day simple moving average is $77.95. The stock has a market cap of $8.18 billion, a PE ratio of 16.72, a price-to-earnings-growth ratio of 1.87 and a beta of 0.68.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings results on Wednesday, April 29th. The company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.04. The business had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.32 billion. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.Sprouts Farmers Market’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.81 EPS. Sprouts Farmers Market has set its FY 2026 guidance at 5.320-5.480 EPS and its Q2 2026 guidance at 1.320-1.360 EPS.

Insider Buying and Selling

In related news, CEO Jack Sinclair sold 3,201 shares of the business’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $83.97, for a total value of $268,787.97. Following the sale, the chief executive officer directly owned 269,980 shares in the company, valued at approximately $22,670,220.60. The trade was a 1.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Kim Coffin sold 313 shares of the company’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $83.97, for a total transaction of $26,282.61. Following the sale, the senior vice president directly owned 23,332 shares in the company, valued at approximately $1,959,188.04. This trade represents a 1.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 130,156 shares of company stock worth $10,600,146 in the last quarter. 1.30% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Sprouts Farmers Market

A number of hedge funds and other institutional investors have recently bought and sold shares of SFM. Focus Partners Wealth purchased a new position in shares of Sprouts Farmers Market in the first quarter valued at $400,000. Baird Financial Group Inc. lifted its holdings in Sprouts Farmers Market by 77.7% during the 2nd quarter. Baird Financial Group Inc. now owns 3,509 shares of the company’s stock worth $578,000 after purchasing an additional 1,534 shares in the last quarter. Cerity Partners LLC lifted its holdings in Sprouts Farmers Market by 13.1% during the 2nd quarter. Cerity Partners LLC now owns 22,554 shares of the company’s stock worth $3,713,000 after purchasing an additional 2,609 shares in the last quarter. Daiwa Securities Group Inc. boosted its stake in Sprouts Farmers Market by 12.0% in the 2nd quarter. Daiwa Securities Group Inc. now owns 22,882 shares of the company’s stock worth $3,767,000 after purchasing an additional 2,460 shares during the period. Finally, NewEdge Advisors LLC grew its holdings in Sprouts Farmers Market by 64.0% during the 2nd quarter. NewEdge Advisors LLC now owns 11,513 shares of the company’s stock valued at $1,896,000 after buying an additional 4,492 shares in the last quarter.

Key Headlines Impacting Sprouts Farmers Market

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

• Positive Sentiment: Zacks Research raised its earnings outlook for several periods, including FY2026 to $5.57 per share, Q1 2027 to $1.86, Q3 2027 to $1.36, FY2027 to $5.73, and FY2028 to $6.11. Higher forward EPS estimates can support the stock by reinforcing expectations for continued profit growth.
• Positive Sentiment: The firm also lifted its Q3 2026 estimate to $1.32 per share and its Q1 2028 estimate to $1.98, suggesting analysts still see improving earnings power over time.
• Neutral Sentiment: Sprouts recently reported quarterly results that topped expectations, with earnings of $1.71 per share versus $1.67 expected and revenue of $2.33 billion versus $2.32 billion expected, which helped confirm the company’s fundamentals after its latest earnings report.
• Neutral Sentiment: Shares also saw unusually heavy call option buying, with traders purchasing 21,952 call contracts, far above normal volume. That can signal bullish sentiment, but it may also reflect short-term speculation rather than a durable fundamental move.
• Negative Sentiment: Not all revisions were positive: Zacks trimmed some near-term estimates, including Q2 2026, Q4 2026, and Q2/Q4 2027 by small amounts. Those minor cuts may be weighing on sentiment by highlighting some caution around upcoming quarters.

About Sprouts Farmers Market

Sprouts Farmers Market, Inc (NASDAQ: SFM) is a specialty grocery retailer focused on fresh, natural and organic foods. Headquartered in Phoenix, Arizona, the company operates stores designed to offer an open-market shopping experience, emphasizing quality produce sourced from regional farmers alongside organic pantry staples, dairy, meat and seafood. Sprouts’ product assortment also includes bulk foods, vitamins and supplements, a deli and prepared foods, reflecting its commitment to wellness and affordable healthy living.

Founded in 2002 by members of the Boney family, Sprouts began as a single farmers market in Chandler, Arizona.