Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) was upgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a report issued on Thursday. The firm currently has a $103.00 price objective on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 30.12% from the stock’s previous close.
Several other equities research analysts also recently commented on SFM. UBS Group upped their price objective on shares of Sprouts Farmers Market from $75.00 to $80.00 and gave the company a “neutral” rating in a report on Wednesday, July 22nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $114.00 target price on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Evercore reissued an “outperform” rating on shares of Sprouts Farmers Market in a research report on Monday. Melius Research cut 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 research note on Monday, April 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Wednesday, June 24th. Eight investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $98.38.
Read Our Latest Research Report on SFM
Sprouts Farmers Market Stock Performance
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.02. The firm had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.32 billion. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.35 EPS. 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, analysts expect that Sprouts Farmers Market will post 5.55 earnings per share for the current year.
Insiders Place Their Bets
In other news, insider Brandon F. Lombardi sold 406 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $82.04, for a total value of $33,308.24. Following the sale, the insider directly owned 6,801 shares of the company’s stock, valued at approximately $557,954.04. This represents a 5.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Nicholas Konat sold 12,538 shares of the firm’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 completion of the transaction, the chief operating officer owned 66,119 shares of the company’s stock, valued at $5,811,860.10. This trade represents a 15.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 45,310 shares of company stock worth $3,873,881 in the last quarter. 1.30% of the stock is owned by company insiders.
Institutional Trading of Sprouts Farmers Market
Several institutional investors and hedge funds have recently bought and sold shares of SFM. TD Private Client Wealth LLC boosted its holdings in Sprouts Farmers Market by 1,309.1% in the 4th quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock valued at $25,000 after purchasing an additional 288 shares during the period. Annis Gardner Whiting Capital Advisors LLC bought a new position in shares of Sprouts Farmers Market in the first quarter worth $25,000. Sound Income Strategies LLC bought a new position in shares of Sprouts Farmers Market in the fourth quarter worth $27,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of Sprouts Farmers Market in the second quarter worth $29,000. Finally, Clearstead Advisors LLC raised its position in shares of 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 buying an additional 160 shares in the last quarter.
Key Sprouts Farmers Market News
Here are the key news stories impacting Sprouts Farmers Market this week:
- Positive Sentiment: Q2 earnings topped expectations: Sprouts reported adjusted earnings of $1.37 per share, compared with the $1.35 analyst consensus and $1.35 in the year-ago quarter. Revenue rose 4.7% year over year to $2.33 billion, slightly exceeding the $2.32 billion estimate. Sprouts Farmers Tops Q2 Earnings Estimates
- Positive Sentiment: Underlying operating performance remained solid: The company posted a 5.70% net margin and 36.06% return on equity, while management’s earnings presentation and call focused on continued demand for health-oriented products and customer loyalty initiatives. SFM Q2 2026 Earnings Call Transcript
- Neutral Sentiment: Results were broadly in line with the prior year on a per-share basis: The quarterly EPS beat was small, suggesting investors are likely focusing more heavily on forward guidance and management’s outlook than on the historical result. Key Metrics Tell Us About SFM Q2 Earnings
- Negative Sentiment: Forward guidance fell short of Wall Street expectations: Sprouts forecast third-quarter EPS of $1.20–$1.24, below the $1.30 consensus. Full-year 2026 EPS guidance of $5.32–$5.40 also trailed the $5.57 analyst estimate, while revenue guidance of $9.3–$9.4 billion was below the $9.5 billion consensus. SFM 2026 Q2 Results Presentation
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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