Sprouts Farmers Market (NASDAQ:SFM) Updates FY 2026 Earnings Guidance

Sprouts Farmers Market (NASDAQ:SFM) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 5.320-5.400 for the period, compared to the consensus EPS estimate of 5.570. The company issued revenue guidance of $9.3 billion-$9.4 billion, compared to the consensus revenue estimate of $9.5 billion. Sprouts Farmers Market also updated its Q3 2026 guidance to 1.200-1.240 EPS.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on SFM. JPMorgan Chase & Co. upgraded Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and upped their target price for the company from $80.00 to $103.00 in a report on Thursday. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $84.00 target price on shares of Sprouts Farmers Market in a report on Thursday. Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a research report on Monday. Melius Research downgraded shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price objective on the stock. in a report on Monday, April 6th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Wednesday, June 24th. Eight analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Sprouts Farmers Market currently has an average rating of “Hold” and an average price target of $98.54.

Sprouts Farmers Market Stock Up 11.8%

Shares of NASDAQ:SFM traded up $9.32 during trading on Thursday, hitting $88.48. 3,430,392 shares of the company were exchanged, compared to its average volume of 2,504,481. The firm’s 50 day moving average price is $81.76 and its 200-day moving average price is $77.95. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.92 and a quick ratio of 0.42. Sprouts Farmers Market has a 12-month low of $64.75 and a 12-month high of $160.49. The stock has a market capitalization of $8.32 billion, a P/E ratio of 17.03, a PEG ratio of 2.05 and a beta of 0.67.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings results on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.35 by $0.02. The company had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The firm’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.35 earnings per share. 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, research analysts predict that Sprouts Farmers Market will post 5.55 earnings per share for the current fiscal year.

Insider Activity at Sprouts Farmers Market

In other Sprouts Farmers Market news, insider Brandon F. Lombardi sold 406 shares of Sprouts Farmers Market stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $82.04, for a total value of $33,308.24. Following the transaction, the insider directly owned 6,801 shares in the company, valued at approximately $557,954.04. This trade represents a 5.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Nicholas Konat sold 12,538 shares of the business’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 value of $1,102,090.20. Following the completion of the transaction, the chief operating officer directly owned 66,119 shares in the company, valued at approximately $5,811,860.10. The trade was a 15.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 45,310 shares of company stock worth $3,873,881 in the last quarter. Company insiders own 1.30% of the company’s stock.

Trending Headlines about Sprouts Farmers Market

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

• Positive Sentiment: Sprouts reported second-quarter adjusted earnings of $1.37 per share, exceeding the $1.35 consensus estimate, while revenue rose 4.7% year over year to $2.33 billion. New-store growth, e-commerce and private-label products helped offset softer comparable-store sales. Sprouts Farmers Q2 Earnings Beat Despite Soft Comparable-Store Sales
• Positive Sentiment: JPMorgan upgraded SFM from “neutral” to “overweight” and raised its price target from $80 to $103, signaling increased confidence in the company’s growth outlook and potential for further appreciation. JPMorgan Upgrade Coverage
• Positive Sentiment: Broader investor interest in natural-food retailers is providing a favorable sector backdrop, as consumers continue prioritizing health, wellness and convenient food choices. Natural Foods Stocks Gain as Consumers Prioritize Health & Wellness
• Neutral Sentiment: Unusually high put-option activity was reported, with 3,951 puts purchased versus typical daily volume of 2,951. This may indicate some hedging or bearish speculation, although options activity alone does not establish a clear direction for the stock.
• Negative Sentiment: Management’s third-quarter EPS outlook of $1.20-$1.24 trails the $1.30 consensus estimate, and full-year EPS guidance of $5.32-$5.40 is below the $5.57 analyst expectation. Full-year revenue guidance of $9.3-$9.4 billion also falls short of the approximately $9.5 billion consensus. Key Metrics From Sprouts Farmers Q2 Earnings

Institutional Trading of Sprouts Farmers Market

Hedge funds and other institutional investors have recently made changes to their positions in the company. Newbridge Financial Services Group Inc. purchased a new position in Sprouts Farmers Market during the second quarter worth about $29,000. FWL Investment Management LLC grew its holdings in Sprouts Farmers Market by 72.5% during the 3rd quarter. FWL Investment Management LLC now owns 426 shares of the company’s stock valued at $46,000 after buying an additional 179 shares during the last quarter. Empowered Funds LLC purchased a new position in Sprouts Farmers Market in the 4th quarter valued at about $69,000. Parkside Financial Bank & Trust boosted its position in Sprouts Farmers Market by 542.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 861 shares of the company’s stock worth $69,000 after acquiring an additional 727 shares during the last quarter. Finally, Ossiam acquired a new position in Sprouts Farmers Market in the 3rd quarter valued at $74,000.

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.