Grocery Outlet - GO Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $28.90
Forecasted Upside: 28.62%
Number of Analysts: 10
Breakdown:
2 Sell Ratings
4 Hold Ratings
4 Buy Ratings
0 Strong Buy Ratings

^$22.47 As of 05/17/2024 01:00 AM ET

▲ +0.65 (2.98%)

1 month | 3 months | 12 months

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Analyst Price Target for GO

^$28.90

▲ +28.62% Upside Potential

This price target is based on 10 analysts offering 12 month price targets for Grocery Outlet in the last 3 months. The average price target is $28.90, with a high forecast of $39.00 and a low forecast of $20.00. The average price target represents a 28.62% upside from the last price of $22.47.

Current Consensus is Hold

The current consensus among 10 contributing investment analysts is to hold stock in Grocery Outlet. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
4 buy ratings
4 hold ratings
2 sell ratings

Ratings as of

11/25/2022

0 strong buy ratings
4 buy ratings
4 hold ratings
2 sell ratings

Ratings as of

2/23/2023

0 strong buy ratings
4 buy ratings
4 hold ratings
2 sell ratings

Ratings as of

5/24/2023

0 strong buy ratings
4 buy ratings
4 hold ratings
2 sell ratings

Ratings as of

8/22/2023

0 strong buy ratings
4 buy ratings
4 hold ratings
2 sell ratings

Ratings as of

11/20/2023

0 strong buy ratings
4 buy ratings
4 hold ratings
2 sell ratings

Ratings as of

2/18/2024

0 strong buy ratings
4 buy ratings
4 hold ratings
2 sell ratings

Ratings as of

4/18/2024

0 strong buy ratings
4 buy ratings
4 hold ratings
2 sell ratings

Ratings as of

5/18/2024

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
5/10/2024	TD Cowen	Lower Target	Buy ➝ Buy	$43.00 ➝ $25.00	Low
5/9/2024	Roth Mkm	Lower Target	Neutral ➝ Neutral	$27.00 ➝ $22.00	Low
5/9/2024	The Goldman Sachs Group	Lower Target	Sell ➝ Sell	$24.00 ➝ $21.00	Low
5/8/2024	UBS Group	Lower Target	Neutral ➝ Neutral	$30.00 ➝ $27.00	Low
5/8/2024	Telsey Advisory Group	Lower Target	Outperform	$37.00 ➝ $31.00	Low
2/28/2024	UBS Group	Lower Target	Neutral ➝ Neutral	$32.00 ➝ $30.00	Low
2/28/2024	Craig Hallum	Upgrade	Hold ➝ Buy	$36.00	Low
2/28/2024	Telsey Advisory Group	Lower Target	Outperform ➝ Outperform	$40.00 ➝ $37.00	Low
12/12/2023	The Goldman Sachs Group	Downgrade	Buy ➝ Sell	$33.00 ➝ $24.00	Low
11/9/2023	Morgan Stanley	Lower Target	Underweight ➝ Underweight	$27.00 ➝ $20.00	Low
11/8/2023	Roth Mkm	Lower Target	Neutral ➝ Neutral	$31.00 ➝ $29.00	Low
10/10/2023	The Goldman Sachs Group	Lower Target	Buy ➝ Buy	$38.00 ➝ $33.00	Low
9/15/2023	Telsey Advisory Group	Reiterated Rating	Outperform ➝ Outperform	$40.00	Low
8/22/2023	Morgan Stanley	Boost Target	Underweight ➝ Underweight	$25.00 ➝ $27.00	Low
8/14/2023	Roth Mkm	Boost Target	Neutral ➝ Neutral	$29.00 ➝ $31.00	Low
8/9/2023	Telsey Advisory Group	Reiterated Rating	Outperform ➝ Outperform	$40.00	Low
8/9/2023	Credit Suisse Group	Boost Target	Neutral ➝ Neutral	$30.00 ➝ $33.00	Low
8/9/2023	Deutsche Bank Aktiengesellschaft	Boost Target	Buy ➝ Buy	$38.00 ➝ $39.00	Low
8/9/2023	UBS Group	Boost Target	Neutral ➝ Neutral	$29.00 ➝ $38.00	Low
8/2/2023	Jefferies Financial Group	Boost Target	Hold ➝ Hold	$30.00 ➝ $35.00	Low
8/2/2023	Telsey Advisory Group	Boost Target	Outperform ➝ Outperform	$34.00 ➝ $40.00	Low
3/2/2023	Roth Capital	Reiterated Rating	Neutral		Low
3/1/2023	The Goldman Sachs Group	Lower Target	Buy	$38.00 ➝ $34.00	Low
3/1/2023	Morgan Stanley	Lower Target	Underweight	$26.00 ➝ $25.00	Low
3/1/2023	Credit Suisse Group	Reiterated Rating	Neutral	$30.00	Low
3/1/2023	Deutsche Bank Aktiengesellschaft	Lower Target		$38.00 ➝ $34.00	Low
3/1/2023	Craig Hallum	Downgrade	Buy ➝ Hold		Low
2/24/2023	Telsey Advisory Group	Reiterated Rating	Outperform	$44.00	Low
1/17/2023	Morgan Stanley	Lower Target	Underweight	$30.00 ➝ $26.00	Low
12/19/2022	Credit Suisse Group	Initiated Coverage	Neutral	$30.00	Low
11/15/2022	DA Davidson	Lower Target		$39.00	Low
11/10/2022	Morgan Stanley	Lower Target	Underweight	$33.00 ➝ $30.00	Low
11/9/2022	The Goldman Sachs Group	Boost Target	Buy	$38.00 ➝ $42.00	Low
11/9/2022	Telsey Advisory Group	Lower Target	Outperform	$50.00 ➝ $44.00	Low
11/4/2022	Deutsche Bank Aktiengesellschaft	Lower Target		$51.00 ➝ $43.00	Low
10/21/2022	The Goldman Sachs Group	Lower Target	Buy	$49.00 ➝ $38.00	Low
8/23/2022	Morgan Stanley	Downgrade	Equal Weight ➝ Underweight	$29.00 ➝ $33.00	Low
8/11/2022	Cowen	Boost Target		$45.00 ➝ $53.00	Low
8/10/2022	Cowen	Boost Target		$45.00 ➝ $53.00	Low
8/10/2022	The Goldman Sachs Group	Boost Target	Buy	$43.00 ➝ $49.00	Low
8/10/2022	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$48.00 ➝ $51.00	Low
8/10/2022	Telsey Advisory Group	Boost Target	Outperform	$48.00 ➝ $50.00	Low
7/6/2022	DA Davidson	Downgrade	Buy ➝ Neutral	$36.00 ➝ $43.00	N/A
6/29/2022	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$40.00 ➝ $48.00	Low
6/10/2022	Cowen	Boost Target	Outperform	$42.00 ➝ $45.00	High
6/10/2022	Cowen	Boost Target		$42.00 ➝ $45.00	High
5/11/2022	Craig Hallum	Upgrade	Hold ➝ Buy	$43.00	High
5/11/2022	Deutsche Bank Aktiengesellschaft	Upgrade	Hold ➝ Buy	$29.00 ➝ $40.00	High
4/29/2022	Bank of America	Upgrade	Underperform ➝ Buy	$23.00 ➝ $37.00	Medium
3/3/2022	Cowen	Boost Target		$30.00 ➝ $32.00	High
2/24/2022	Telsey Advisory Group	Reiterated Rating	Outperform		High
1/19/2022	Bank of America	Downgrade	Neutral ➝ Underperform	$26.00 ➝ $23.00	Medium
11/11/2021	Morgan Stanley	Lower Target	Equal Weight	$35.00 ➝ $28.00	High
11/10/2021	MKM Partners	Lower Target	Neutral	$29.00 ➝ $26.00	Low
11/3/2021	Telsey Advisory Group	Lower Target	Outperform	$38.00 ➝ $30.00	Medium
11/2/2021	Deutsche Bank Aktiengesellschaft	Lower Target	Hold	$32.00 ➝ $29.00	Medium
8/11/2021	DA Davidson	Lower Target	Positive ➝ Buy	$43.00 ➝ $35.00	Low
8/11/2021	Craig Hallum	Lower Target	In-Line ➝ Hold	$42.00 ➝ $35.00	Low
8/11/2021	Telsey Advisory Group	Lower Target	Outperform	$45.00 ➝ $38.00	High
8/11/2021	MKM Partners	Downgrade	Buy ➝ Neutral	$29.00	High
6/4/2021	Jefferies Financial Group	Downgrade	Buy ➝ Hold	$45.00 ➝ $32.00	Medium
5/18/2021	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy ➝ Hold	$37.00	Low
5/18/2021	Craig Hallum	Reiterated Rating	Buy ➝ Hold	$50.00 ➝ $42.00	Low
5/12/2021	Morgan Stanley	Lower Target	Equal Weight	$40.00 ➝ $38.00	High
5/12/2021	Craig Hallum	Downgrade	Buy ➝ Hold	$50.00 ➝ $42.00	High
5/12/2021	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$43.00 ➝ $37.00	High
3/3/2021	Morgan Stanley	Lower Target	Equal Weight	$42.00 ➝ $40.00	High
11/18/2020	Berenberg Bank	Initiated Coverage	Buy		Low
11/11/2020	DA Davidson	Lower Target	Buy	$53.00 ➝ $50.00	High
11/11/2020	Morgan Stanley	Lower Target	Equal Weight	$43.00 ➝ $42.00	High
8/14/2020	DA Davidson	Initiated Coverage	Buy	$53.00	Low
8/12/2020	Morgan Stanley	Boost Target	Equal Weight	$41.00 ➝ $43.00	Low
8/11/2020	Telsey Advisory Group	Boost Target	Outperform	$50.00 ➝ $53.00	Low
8/11/2020	UBS Group	Boost Target	Neutral	$40.00 ➝ $46.00	High
8/5/2020	Telsey Advisory Group	Boost Target	Outperform	$45.00 ➝ $50.00	Low
8/4/2020	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$43.00 ➝ $47.00	High
7/29/2020	MKM Partners	Initiated Coverage	Buy	$50.00	Low
7/21/2020	The Goldman Sachs Group	Boost Target	Buy	$43.00 ➝ $47.00	Medium
6/18/2020	Cowen	Reiterated Rating	Buy	$48.00	Low
6/16/2020	Nomura	Initiated Coverage	Buy	$40.00	High
6/16/2020	Nomura Instinet	Initiated Coverage	Buy	$40.00	Medium
5/15/2020	The Goldman Sachs Group	Initiated Coverage	Buy	$43.00	Low
5/12/2020	UBS Group	Boost Target	Neutral	$37.00 ➝ $40.00	Medium
5/12/2020	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$42.00 ➝ $43.00	High
5/12/2020	Morgan Stanley	Boost Target	Equal Weight	$38.00 ➝ $41.00	High
4/28/2020	UBS Group	Boost Target	Neutral	$35.00 ➝ $37.00	Medium
3/25/2020	Morgan Stanley	Boost Target	Equal Weight	$35.00 ➝ $38.00	Low
3/25/2020	Deutsche Bank Aktiengesellschaft	Lower Target	Buy	$43.00 ➝ $42.00	Medium
3/17/2020	Telsey Advisory Group	Reiterated Rating	Outperform		High
3/17/2020	Morgan Stanley	Lower Target	Equal Weight	$36.00 ➝ $35.00	High
2/18/2020	Deutsche Bank Aktiengesellschaft	Lower Target	Buy	$45.00 ➝ $43.00	Medium
2/12/2020	Morgan Stanley	Lower Target	Equal Weight	$39.00 ➝ $36.00	High
1/29/2020	Craig Hallum	Initiated Coverage	Buy	$47.00	Low
10/8/2019	Jefferies Financial Group	Set Target	Buy	$51.00	Low
8/15/2019	Barclays	Reiterated Rating	Hold	$37.00	High
8/14/2019	Jefferies Financial Group	Boost Target	Buy	$41.00 ➝ $50.00	High
8/14/2019	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$40.00 ➝ $43.00	High
8/14/2019	Bank of America	Boost Target	Neutral ➝ Neutral	$37.00 ➝ $40.00	High
8/14/2019	Cowen	Reiterated Rating	Outperform	$42.00 ➝ $48.00	High
7/16/2019	Deutsche Bank Aktiengesellschaft	Initiated Coverage	Buy ➝ Buy	$40.00	High
7/15/2019	Morgan Stanley	Initiated Coverage	Equal Weight ➝ Equal Weight	$30.00	High
7/15/2019	Guggenheim	Initiated Coverage	Neutral ➝ Neutral		High
7/15/2019	Jefferies Financial Group	Initiated Coverage	Buy ➝ Buy	$41.00	High
7/15/2019	Barclays	Initiated Coverage	Equal Weight ➝ Equal Weight	$32.00	High
7/15/2019	Cowen	Initiated Coverage	Outperform ➝ Outperform	$42.00	High
7/15/2019	Bank of America	Initiated Coverage	Neutral ➝ Neutral	$37.00	High
7/15/2019	The Goldman Sachs Group	Initiated Coverage	Neutral ➝ Neutral	$32.00	High
7/15/2019	Telsey Advisory Group	Initiated Coverage	Outperform ➝ Outperform	$40.00	High

(Data available from 5/18/2019 forward)

News Sentiment Rating

0.50 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

4 very positive mentions
2 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

10/21/2023

4 very positive mentions
15 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

11/20/2023

6 very positive mentions
9 positive mentions
2 negative mentions
0 very negative mentions

Mentions as of

12/20/2023

2 very positive mentions
4 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

1/19/2024

7 very positive mentions
16 positive mentions
4 negative mentions
1 very negative mentions

Mentions as of

2/18/2024

30 very positive mentions
21 positive mentions
0 negative mentions
1 very negative mentions

Mentions as of

3/19/2024

18 very positive mentions
11 positive mentions
2 negative mentions
1 very negative mentions

Mentions as of

4/18/2024

15 very positive mentions
27 positive mentions
7 negative mentions
0 very negative mentions

Mentions as of

5/18/2024

Current Sentiment

Recent Stories by Sentiment

Very Negative

No very negative mentions tracked during this time.

Grocery Outlet Holding Corp. operates as a retailer of consumables and fresh products sold through independently operated stores in the United States. Its stores offer products in various categories, such as dairy and deli, produce, floral, fresh meat, seafood products, grocery, general merchandise, health and beauty care, frozen food, beer and wine, and ethnic products. The company was founded in 1946 and is headquartered in Emeryville, California.

Today's Range

Now: $22.47

$21.85

$22.81

50 Day Range

MA: $26.11

$19.77

$29.00

52 Week Range

Now: $22.47

$19.73

$36.54

Volume

2,207,371 shs

Average Volume

2,290,784 shs

Market Capitalization

$2.24 billion

P/E Ratio

35.11

Dividend Yield

N/A

Beta

0.13

Frequently Asked Questions

What sell-side analysts currently cover shares of Grocery Outlet?: The following Wall Street sell-side analysts have issued reports on Grocery Outlet in the last twelve months: Craig Hallum, Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, Jefferies Financial Group Inc., Morgan Stanley, Roth Mkm, TD Cowen, Telsey Advisory Group, The Goldman Sachs Group, Inc., TheStreet, and UBS Group AG.
View the latest analyst ratings for GO.
What is the current price target for Grocery Outlet?: 10 Wall Street analysts have set twelve-month price targets for Grocery Outlet in the last year. Their average twelve-month price target is $28.90, suggesting a possible upside of 28.6%. Deutsche Bank Aktiengesellschaft has the highest price target set, predicting GO will reach $39.00 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $20.00 for Grocery Outlet in the next year.
View the latest price targets for GO.
What is the current consensus analyst rating for Grocery Outlet?: Grocery Outlet currently has 2 sell ratings, 4 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in GO, but not buy more shares or sell existing shares.
View the latest ratings for GO.
What other companies compete with Grocery Outlet?: Other companies that are similar to Grocery Outlet include Weis Markets, Ingles Markets, BBB Foods, Arko and Edgewell Personal Care. Learn More about companies similar to Grocery Outlet.
How do I contact Grocery Outlet's investor relations team?: Grocery Outlet's physical mailing address is 5650 HOLLIS STREET, EMERYVILLE CA, 94608. The company's listed phone number is (510) 845-1999 and its investor relations email address is [email protected]. The official website for Grocery Outlet is www.groceryoutlet.com. Learn More about contacing Grocery Outlet investor relations.

Grocery Outlet - GO Stock Price Target and Predictions

Analyst Price Target for GO

Current Consensus is Hold

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.50 (Hold)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Grocery Outlet?

What is the current price target for Grocery Outlet?

What is the current consensus analyst rating for Grocery Outlet?

What other companies compete with Grocery Outlet?

How do I contact Grocery Outlet's investor relations team?