Analysts Set Sprouts Farmers Market, Inc. (NASDAQ:SFM) Target Price at $96.08

Shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) have been assigned an average recommendation of “Hold” from the fifteen analysts that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $96.6154.

Several research firms have recently issued reports on SFM. Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Wednesday, June 24th. Melius Research downgraded shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price target on the stock. in a report on Monday, April 6th. UBS Group increased their price objective on shares of Sprouts Farmers Market from $75.00 to $80.00 and gave the stock a “neutral” rating in a research report on Wednesday. Evercore reissued an “outperform” rating on shares of Sprouts Farmers Market in a research note on Thursday, April 30th. Finally, JPMorgan Chase & Co. boosted their target price on Sprouts Farmers Market from $78.00 to $80.00 and gave the company a “neutral” rating in a research report on Wednesday.

Sprouts Farmers Market Stock Performance

NASDAQ SFM opened at $74.89 on Tuesday. The business’s 50 day moving average price is $82.42 and its 200-day moving average price is $77.93. Sprouts Farmers Market has a fifty-two week low of $64.75 and a fifty-two week high of $165.97. The company has a market cap of $7.04 billion, a P/E ratio of 14.40, a P/E/G ratio of 1.98 and a beta of 0.67. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.42 and a current ratio of 0.92.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.04. The company had revenue of $2.33 billion during the quarter, compared to the consensus estimate 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 revenue was up 4.1% on a year-over-year basis. During the same period last year, the company earned $1.81 earnings per share. 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. Sell-side analysts predict that Sprouts Farmers Market will post 5.55 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Jack Sinclair sold 10,788 shares of the business’s stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $84.87, for a total transaction of $915,577.56. Following the completion of the transaction, the chief executive officer owned 269,980 shares in the company, valued at $22,913,202.60. The trade was a 3.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Nicholas Konat sold 12,538 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $87.90, for a total value of $1,102,090.20. Following the completion of the sale, the chief operating officer owned 66,119 shares in the company, valued at approximately $5,811,860.10. The trade was a 15.94% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 45,310 shares of company stock valued at $3,873,881. Insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Sprouts Farmers Market

Large investors have recently added to or reduced their stakes in the stock. MML Investors Services LLC increased its position in shares of Sprouts Farmers Market by 0.6% during the second quarter. MML Investors Services LLC now owns 20,287 shares of the company’s stock worth $3,340,000 after acquiring an additional 124 shares during the period. Advisory Services Network LLC boosted its holdings in shares of Sprouts Farmers Market by 1.0% in the second quarter. Advisory Services Network LLC now owns 13,486 shares of the company’s stock valued at $2,044,000 after purchasing an additional 139 shares during the period. Legacy Wealth Asset Management LLC grew its stake in Sprouts Farmers Market by 2.9% in the second quarter. Legacy Wealth Asset Management LLC now owns 5,578 shares of the company’s stock worth $472,000 after purchasing an additional 155 shares in the last quarter. Clearstead Advisors LLC grew its stake in Sprouts Farmers Market by 72.7% in the fourth quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock worth $30,000 after purchasing an additional 160 shares in the last quarter. Finally, NorthCrest Asset Manangement LLC increased its holdings in Sprouts Farmers Market by 1.8% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 8,943 shares of the company’s stock worth $715,000 after purchasing an additional 162 shares during the period.

Sprouts Farmers Market Company Profile

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.