Sprouts Farmers Market (NASDAQ:SFM) Stock Price Target Cut by Wells Fargo & Company

Sprouts Farmers Market (NASDAQ:SFM) had its price target reduced by research analysts at Wells Fargo & Company from $100.00 to $60.00 in a research note issued to investors on Thursday, Benzinga reports. The firm currently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price suggests a potential upside of 19.78% from the stock’s current price.

Other analysts have also issued reports about the stock. Evercore reaffirmed an “outperform” rating and issued a $95.00 price objective on shares of Sprouts Farmers Market in a research note on Tuesday, September 1st. Deutsche Bank Aktiengesellschaft cut their target price on shares of Sprouts Farmers Market from $84.00 to $77.00 and set a “hold” rating on the stock in a research report on Friday, September 25th. Royal Bank Of Canada cut shares of Sprouts Farmers Market from an “outperform” rating to a “sector perform” rating and set a $49.00 price target for the company. in a research report on Thursday. The Goldman Sachs Group set a $94.00 price objective on shares of Sprouts Farmers Market in a research note on Monday, October 19th. Finally, Roth Capital set a $82.00 price objective on shares of Sprouts Farmers Market in a report on Friday, July 31st. Five equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $72.75.

Sprouts Farmers Market Trading Down 19.2%

Shares of NASDAQ SFM opened at $50.09 on Thursday. Sprouts Farmers Market has a twelve month low of $47.35 and a twelve month high of $94.89. The firm has a market cap of $4.67 billion, a PE ratio of 9.70, a price-to-earnings-growth ratio of 1.68 and a beta of 0.67. The business has a fifty day simple moving average of $70.88 and a two-hundred day simple moving average of $76.59. The company has a quick ratio of 0.43, a current ratio of 0.99 and a debt-to-equity ratio of 0.07.

Sprouts Farmers Market (NASDAQ:SFM) last posted its quarterly earnings results on Wednesday, October 28th. The company reported $1.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.01). The firm had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.33 billion. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%. Sprouts Farmers Market’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.22 EPS. Analysts expect that Sprouts Farmers Market will post 5.52 earnings per share for the current fiscal year.

Insider Activity

In other Sprouts Farmers Market news, Director Joseph D. O’leary sold 2,597 shares of the firm’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $82.57, for a total value of $214,434.29. Following the completion of the sale, the director owned 14,710 shares of the company’s stock, valued at approximately $1,214,604.70. This trade represents a 15.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jack Sinclair sold 10,788 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $86.80, for a total value of $936,398.40. Following the sale, the chief executive officer owned 269,980 shares in the company, valued at $23,434,264. The trade was a 3.84% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 46,041 shares of company stock worth $3,460,383 in the last quarter. 1.30% of the stock is owned by insiders.

Hedge Funds Weigh In On Sprouts Farmers Market

Several hedge funds have recently modified their holdings of the stock. Vise Technologies Inc. grew its position in Sprouts Farmers Market by 17.4% during the 3rd quarter. Vise Technologies Inc. now owns 8,999 shares of the company’s stock worth $597,000 after purchasing an additional 1,337 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al increased its stake in Sprouts Farmers Market by 15.5% during the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 38,027 shares of the company’s stock valued at $2,523,000 after purchasing an additional 5,100 shares in the last quarter. Verdence Capital Advisors LLC purchased a new position in shares of Sprouts Farmers Market in the third quarter worth $577,000. Access Investment Management LLC lifted its stake in shares of Sprouts Farmers Market by 145.8% during the third quarter. Access Investment Management LLC now owns 35,699 shares of the company’s stock worth $2,369,000 after buying an additional 21,175 shares during the period. Finally, Robeco Schweiz AG lifted its stake in shares of Sprouts Farmers Market by 49.1% during the third quarter. Robeco Schweiz AG now owns 137,200 shares of the company’s stock worth $9,103,000 after buying an additional 45,200 shares during the period.

Key Headlines Impacting Sprouts Farmers Market

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

• Positive Sentiment: Third-quarter revenue increased 4.7% year over year to approximately $2.30 billion, and the company continues to benefit from demand for natural and health-focused groceries. Sprouts is also expanding same-day delivery to 500 stores, supporting its digital-sales strategy. Sprouts brings same-day delivery to 500 stores
• Neutral Sentiment: Sprouts Farmers Market reported third-quarter adjusted earnings of $1.21 per share and revenue of $2.30 billion, compared with analyst estimates of $1.22 per share and $2.33 billion, respectively. Revenue still grew year over year, but comparable-sales trends and profitability remain key investor concerns. Sprouts reports third-quarter 2026 results
• Negative Sentiment: Management cut its fiscal 2026 outlook as the effects of a cyclospora-related food-safety issue continued to weigh on customer traffic and sales. The weaker guidance increases concerns about near-term growth and margin recovery. Sprouts cuts fiscal 2026 outlook
• Negative Sentiment: Analyst sentiment deteriorated following the earnings report. Bank of America downgraded SFM from “Buy” to “Underperform” and assigned a $47 price target, implying substantial downside from the current trading level. RBC Capital also downgraded the shares to “Sector Perform,” adding to selling pressure. Bank of America downgrades Sprouts RBC downgrades Sprouts

About Sprouts Farmers Market

Sprouts Farmers Market, Inc (NASDAQ:SFM) is a specialty grocery retailer focused on fresh, natural and organic foods. Its stores offer a broad selection of fresh produce, meat and seafood, dairy products, bulk foods, vitamins and supplements, pantry staples, bakery items, deli products and prepared foods. The company emphasizes products that support healthy eating, including organic, plant-based and specialty-diet options.

Founded in 2002, Sprouts Farmers Market grew from its first store in Chandler, Arizona, into a national grocery chain.