Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.200-1.240 for the period, compared to the consensus estimate of 1.300. The company issued revenue guidance of -. Sprouts Farmers Market also updated its FY 2026 guidance to 5.320-5.400 EPS.
Wall Street Analysts Forecast Growth
Several research analysts have commented on the stock. Royal Bank Of Canada restated an “outperform” rating and issued a $114.00 price objective on shares of Sprouts Farmers Market in a report on Monday, June 1st. JPMorgan Chase & Co. lifted their target price on shares of Sprouts Farmers Market from $78.00 to $80.00 and gave the company a “neutral” rating in a research note on Wednesday, July 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. UBS Group raised their price objective on shares of Sprouts Farmers Market from $75.00 to $80.00 and gave the stock a “neutral” rating in a report on Wednesday, July 22nd. Finally, Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a research report on Monday. Seven research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Sprouts Farmers Market presently has an average rating of “Hold” and an average target price of $96.62.
Get Our Latest Research Report on SFM
Sprouts Farmers Market Stock Performance
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates 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 the consensus estimate 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 research analysts anticipate that Sprouts Farmers Market will post 5.55 EPS for the current fiscal year.
Insider Buying and Selling at Sprouts Farmers Market
In other Sprouts Farmers Market news, CEO Jack Sinclair sold 10,788 shares of the stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $84.87, for a total value of $915,577.56. Following the transaction, the chief executive officer directly owned 269,980 shares in the company, valued at approximately $22,913,202.60. This trade represents a 3.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 company’s 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 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 disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 45,310 shares of company stock valued at $3,873,881. Insiders own 1.30% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Focus Partners Wealth purchased a new position in shares of Sprouts Farmers Market during the first quarter valued at about $400,000. Laird Norton Wetherby Trust Company LLC purchased a new stake in shares of Sprouts Farmers Market in the fourth quarter worth about $301,000. Summit Financial LLC boosted its stake in Sprouts Farmers Market by 56.4% during the fourth quarter. Summit Financial LLC now owns 3,583 shares of the company’s stock valued at $285,000 after buying an additional 1,292 shares during the last quarter. Abel Hall LLC bought a new position in Sprouts Farmers Market during the fourth quarter valued at approximately $234,000. Finally, Laird Norton Wetherby Wealth Management LLC grew its holdings in Sprouts Farmers Market by 9.8% during the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 1,956 shares of the company’s stock valued at $213,000 after buying an additional 174 shares in the last quarter.
About Sprouts Farmers Market
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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