Sprouts Farmers Market (NASDAQ:SFM) Stock Gets Price Target Trim from JPMorgan Chase & Co.

Sprouts Farmers Market (NASDAQ:SFM) had its target price lowered by JPMorgan Chase & Co. from $90.00 to $58.00 in a research report report published on Thursday morning,Benzinga reports. The brokerage currently has an overweight rating on the stock.

Several other brokerages have also commented on SFM. Roth Capital set a $56.00 price objective on Sprouts Farmers Market in a research report on Thursday. Wells Fargo & Company dropped their target price on shares of Sprouts Farmers Market from $100.00 to $60.00 and set an “overweight” rating on the stock in a report on Thursday. Evercore reaffirmed an “outperform” rating and issued a $95.00 target price on shares of Sprouts Farmers Market in a research report on Tuesday, September 1st. The Goldman Sachs Group set a $94.00 price target on shares of Sprouts Farmers Market in a research note on Monday, October 19th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Sprouts Farmers Market from $84.00 to $77.00 and set a “hold” rating for the company in a research note on Friday, September 25th. Five research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $64.92.

Sprouts Farmers Market Trading Up 3.5%

SFM opened at $49.70 on Thursday. The stock has a market cap of $4.58 billion, a PE ratio of 9.54, a PEG ratio of 1.40 and a beta of 0.67. The company has a quick ratio of 0.43, a current ratio of 0.97 and a debt-to-equity ratio of 0.08. The business has a 50 day moving average of $69.68 and a 200-day moving average of $76.29. Sprouts Farmers Market has a 52 week low of $47.35 and a 52 week high of $94.89.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings results on Wednesday, October 28th. The company reported $1.21 earnings per share for the quarter, missing the consensus estimate 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 net margin of 5.45% and a return on equity of 33.83%. The company’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 $1.22 earnings per share. Equities research analysts predict that Sprouts Farmers Market will post 4.95 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Joseph O’Leary sold 2,597 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $82.57, for a total value of $214,434.29. Following the sale, the director owned 14,710 shares in the company, valued at $1,214,604.70. This represents a 15.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Jack Sinclair sold 10,788 shares of the firm’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $64.48, for a total value of $695,610.24. Following the transaction, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at approximately $17,408,310.40. This trade represents 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. Over the last three months, insiders sold 46,041 shares of company stock worth $3,460,383. Insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Sprouts Farmers Market

Hedge funds have recently added to or reduced their stakes in the stock. Legacy Wealth Asset Management LLC increased its holdings in shares of Sprouts Farmers Market by 2.9% during the second quarter. Legacy Wealth Asset Management LLC now owns 5,578 shares of the company’s stock valued at $472,000 after acquiring an additional 155 shares in the last quarter. Resonant Capital Advisors LLC raised its position in shares of Sprouts Farmers Market by 2.5% in the 1st quarter. Resonant Capital Advisors LLC now owns 8,152 shares of the company’s stock worth $629,000 after purchasing an additional 196 shares during the last quarter. B. Metzler seel. Sohn & Co. AG boosted its stake in Sprouts Farmers Market by 1.6% in the 2nd quarter. B. Metzler seel. Sohn & Co. AG now owns 12,740 shares of the company’s stock worth $1,078,000 after purchasing an additional 205 shares in the last quarter. Axxcess Wealth Management LLC boosted its stake in Sprouts Farmers Market by 3.7% in the 3rd quarter. Axxcess Wealth Management LLC now owns 6,071 shares of the company’s stock worth $403,000 after purchasing an additional 219 shares in the last quarter. Finally, Greenwood Capital Associates LLC boosted its stake in Sprouts Farmers Market by 8.1% in the 2nd quarter. Greenwood Capital Associates LLC now owns 3,428 shares of the company’s stock worth $290,000 after purchasing an additional 257 shares in the last quarter.

More Sprouts Farmers Market News

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

• Positive Sentiment: Goldman Sachs maintained a Buy rating, while JPMorgan and Wells Fargo retained Overweight ratings. These firms still see potential upside from current levels, although all three sharply reduced their price targets. Goldman Sachs rating
• Neutral Sentiment: Goldman cut its target from $94 to $58, JPMorgan reduced its target from $90 to $58, and Wells Fargo lowered its target from $100 to $60. The continued bullish ratings provide some support, but the magnitude of the reductions signals a reset in expectations. JPMorgan price target
• Negative Sentiment: Sprouts missed third-quarter estimates, reporting adjusted EPS of $1.21 versus consensus of $1.22, while revenue also fell short. Analysts cited soft comparable-store sales and margin pressure. SFM Q3 earnings miss
• Negative Sentiment: Management reduced full-year 2026 EPS guidance to $4.80 from expectations of approximately $5.52 and forecast revenue of $9.2 billion versus consensus near $9.5 billion. Fourth-quarter EPS guidance of $0.47-$0.51 is particularly below the $1.21 analyst estimate.
• Negative Sentiment: Bank of America downgraded SFM to Underperform with a $47 target, while RBC moved the shares to Sector Perform. Commentary characterized the company’s challenges as structural rather than temporary, raising concerns about competitive pressure and the lack of near-term catalysts. Analyst views on Sprouts

Sprouts Farmers Market Company Profile

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.