Grocery Outlet Holding Corp. (NASDAQ:GO) Receives $10.68 Average Target Price from Analysts

Shares of Grocery Outlet Holding Corp. (NASDAQ:GO) have been assigned a consensus rating of “Reduce” from the thirteen brokerages that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation and eleven have assigned a hold recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $10.6818.

Several equities analysts recently commented on GO shares. The Goldman Sachs Group dropped their price objective on shares of Grocery Outlet from $12.00 to $9.00 and set a “sell” rating for the company in a research note on Thursday, February 19th. Wells Fargo & Company dropped their price target on Grocery Outlet from $10.50 to $7.00 and set an “equal weight” rating for the company in a research note on Thursday, March 5th. Weiss Ratings restated a “sell (d)” rating on shares of Grocery Outlet in a research report on Thursday, January 22nd. UBS Group reaffirmed a “neutral” rating and issued a $11.50 target price on shares of Grocery Outlet in a report on Thursday, December 18th. Finally, Telsey Advisory Group downgraded Grocery Outlet from an “outperform” rating to a “market perform” rating and dropped their target price for the company from $15.00 to $9.00 in a research report on Thursday, March 5th.

Insider Buying and Selling at Grocery Outlet

In other Grocery Outlet news, EVP Steven K. Wilson sold 4,721 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $6.06, for a total transaction of $28,609.26. Following the sale, the executive vice president directly owned 120,171 shares of the company’s stock, valued at $728,236.26. The trade was a 3.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Erik D. Ragatz purchased 50,000 shares of the company’s stock in a transaction dated Thursday, March 19th. The shares were acquired at an average cost of $5.75 per share, with a total value of $287,500.00. Following the purchase, the director directly owned 526,500 shares of the company’s stock, valued at approximately $3,027,375. The trade was a 10.49% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders acquired 899,905 shares of company stock worth $5,396,307 and sold 89,493 shares worth $524,431. 4.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Grocery Outlet

Institutional investors have recently made changes to their positions in the stock. Aster Capital Management DIFC Ltd raised its position in shares of Grocery Outlet by 1,030.4% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,532 shares of the company’s stock worth $26,000 after acquiring an additional 2,308 shares during the last quarter. Bayforest Capital Ltd acquired a new stake in Grocery Outlet during the 3rd quarter valued at approximately $29,000. Hantz Financial Services Inc. raised its holdings in Grocery Outlet by 591.5% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,033 shares of the company’s stock worth $33,000 after purchasing an additional 1,739 shares during the last quarter. Kestra Advisory Services LLC bought a new position in Grocery Outlet during the 4th quarter worth approximately $35,000. Finally, PNC Financial Services Group Inc. lifted its position in shares of Grocery Outlet by 62.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 4,788 shares of the company’s stock worth $77,000 after purchasing an additional 1,846 shares during the period. Institutional investors own 99.87% of the company’s stock.

Grocery Outlet Price Performance

Shares of NASDAQ GO opened at $7.22 on Friday. The stock has a market capitalization of $708.64 million, a P/E ratio of -3.15, a PEG ratio of 2.10 and a beta of 0.63. The stock’s fifty day moving average is $8.34 and its 200 day moving average is $10.92. Grocery Outlet has a 52 week low of $5.66 and a 52 week high of $19.41. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.32 and a current ratio of 1.37.

Grocery Outlet (NASDAQ:GO) last issued its earnings results on Wednesday, March 4th. The company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). Grocery Outlet had a negative net margin of 4.80% and a positive return on equity of 5.93%. The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same period in the prior year, the business posted $0.15 EPS. The company’s revenue for the quarter was up 10.7% compared to the same quarter last year. Grocery Outlet has set its FY 2026 guidance at 0.450-0.550 EPS. Sell-side analysts forecast that Grocery Outlet will post 0.63 earnings per share for the current fiscal year.

Key Stories Impacting Grocery Outlet

Here are the key news stories impacting Grocery Outlet this week:

• Positive Sentiment: Company added two independent directors — Frances Allen and Felicia Thornton — which can be read as a governance-strengthening step amid heightened shareholder scrutiny; could reassure some investors about board oversight. Grocery Outlet Holding Corp. Adds Two New Independent Directors
• Neutral Sentiment: Zacks notes the stock is up since the last earnings report and explains drivers behind the post‑earnings move (investor reaction to results/guidance and short‑term momentum). This helps explain recent gains but doesn’t negate structural pressures. Why Is Grocery Outlet (GO) Up 13.9% Since Last Earnings Report?
• Negative Sentiment: Multiple law firms have filed or are soliciting lead‑plaintiff roles in a securities‑fraud class action tied to the company’s disclosures, with several investor‑alert reminders and May lead‑plaintiff deadlines — this litigation wave increases legal risk, potential costs, and investor uncertainty. Separately, analysts’ consensus rating sits around “Reduce,” adding downward pressure. GROCERY OUTLET INVESTOR ALERT: Bragar Eagel & Squire, P.C. Reminds Grocery Outlet Holding Corp. Investors that a Class Action Lawsuit Has Been Filed…

Grocery Outlet Company Profile

Grocery Outlet Holding Corp. (NASDAQ: GO) is a specialty discount retailer that offers consumers deeply discounted groceries by purchasing excess inventory, closeouts, and overstocks from manufacturers and distributors. Headquartered in Emeryville, California, the company operates two primary banners—Grocery Outlet and Fresh2Go—with a combined footprint of more than 400 stores. Its product assortment spans fresh produce, meat, dairy, bakery items, household staples, natural and organic offerings, and select specialty products, all sold at significant markdowns compared to conventional supermarkets.

The company’s unique buying model enables it to source inventory through opportunistic purchases of surplus freight, discontinued items, and closeout deals, which it then passes on as savings to its customers.