Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 5.320-5.400 for the period, compared to the consensus estimate of 5.570. The company issued revenue guidance of $9.3 billion-$9.4 billion, compared to the consensus revenue estimate of $9.5 billion. Sprouts Farmers Market also updated its Q3 2026 guidance to 1.200-1.240 EPS.
Analysts Set New Price Targets
SFM has been the subject of several research reports. Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a research report on Monday. Royal Bank Of Canada reissued an “outperform” rating and set a $114.00 price objective on shares of Sprouts Farmers Market in a report on Monday, June 1st. Melius Research lowered Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 target price for the company. in a report on Monday, April 6th. JPMorgan Chase & Co. increased 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, July 22nd. Finally, UBS Group lifted their price target on Sprouts Farmers Market from $75.00 to $80.00 and gave the company a “neutral” rating in a report on Wednesday, July 22nd. Seven analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $96.62.
Read Our Latest Stock Report on SFM
Sprouts Farmers Market Stock Up 1.8%
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.03. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The company had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. 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. As a group, equities analysts forecast that Sprouts Farmers Market will post 5.55 earnings per share for the current year.
Insider Activity
In other Sprouts Farmers Market news, CEO Jack Sinclair sold 10,790 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $82.04, for a total transaction of $885,211.60. Following the sale, the chief executive officer owned 269,980 shares of the company’s stock, valued at approximately $22,149,159.20. The trade was a 3.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Nicholas Konat sold 12,538 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $87.90, for a total transaction of $1,102,090.20. Following the transaction, the chief operating officer owned 66,119 shares in the company, valued at $5,811,860.10. The trade was a 15.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 45,310 shares of company stock worth $3,873,881 over the last 90 days. 1.30% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Sprouts Farmers Market
Large investors have recently made changes to their positions in the stock. Newbridge Financial Services Group Inc. acquired a new position in shares of Sprouts Farmers Market in the 2nd quarter valued at about $29,000. FWL Investment Management LLC grew its holdings in Sprouts Farmers Market by 72.5% during the third quarter. FWL Investment Management LLC now owns 426 shares of the company’s stock worth $46,000 after acquiring an additional 179 shares during the period. Empowered Funds LLC purchased a new position in Sprouts Farmers Market during the fourth quarter valued at approximately $69,000. Parkside Financial Bank & Trust raised its position in Sprouts Farmers Market by 542.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 861 shares of the company’s stock valued at $69,000 after acquiring an additional 727 shares in the last quarter. Finally, Ossiam acquired a new position in Sprouts Farmers Market in the third quarter valued at approximately $74,000.
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.
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