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Grocery Outlet (GO) Stock Forecast & Price Target

Grocery Outlet logo
$16.73 +0.13 (+0.78%)
(As of 12/20/2024 05:51 PM ET)

Grocery Outlet - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
8
Buy
3

Based on 12 Wall Street analysts who have issued ratings for Grocery Outlet in the last 12 months, the stock has a consensus rating of "Hold." Out of the 12 analysts, 1 has given a sell rating, 8 have given a hold rating, 2 have given a buy rating, and 1 has given a strong buy rating for GO.

Consensus Price Target

$18.00
7.59% Upside
According to the 12 analysts' twelve-month price targets for Grocery Outlet, the average price target is $18.00. The highest price target for GO is $26.00, while the lowest price target for GO is $15.00. The average price target represents a forecasted upside of 7.59% from the current price of $16.73.
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GO Analyst Ratings Over Time

TypeCurrent Forecast
12/23/23 to 12/22/24
1 Month Ago
11/23/23 to 11/22/24
3 Months Ago
9/24/23 to 9/23/24
1 Year Ago
12/23/22 to 12/23/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
Hold
8 Hold rating(s)
8 Hold rating(s)
4 Hold rating(s)
6 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$18.00$18.00$22.11$32.25
Forecasted Upside7.59% Upside-7.88% Downside35.82% Upside17.83% Upside
Consensus Rating
Hold
Hold
Hold
Hold

GO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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GO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Grocery Outlet Stock vs. The Competition

TypeGrocery OutletConsumer Staples CompaniesS&P 500
Consensus Rating Score
2.25
2.50
2.51
Consensus RatingHoldHoldModerate Buy
Predicted Upside7.59% Upside46.16% Upside14.53% Upside
News Sentiment Rating
Positive News

See Recent GO News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/19/2024Telsey Advisory Group
2 of 5 stars
J. Feldman
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Reiterated RatingMarket Perform ➝ Market Perform$18.00 ➝ $18.00+8.83%
11/6/2024UBS Group
4 of 5 stars
 Lower TargetNeutral ➝ Neutral$21.00 ➝ $16.00-1.54%
11/6/2024Roth Mkm
1 of 5 stars
 Lower TargetNeutral ➝ Neutral$20.00 ➝ $16.00-3.38%
11/6/2024Deutsche Bank Aktiengesellschaft
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 Lower TargetBuy ➝ Buy$29.00 ➝ $26.00+60.49%
11/6/2024Wells Fargo & Company
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A. Bonadio
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Lower TargetOverweight ➝ Overweight$26.00 ➝ $23.00+42.33%
11/6/2024Craig Hallum
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J. Hamblin
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Lower TargetHold ➝ Hold$20.00 ➝ $17.00+16.76%
11/6/2024TD Cowen
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O. Chen
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DowngradeBuy ➝ Hold$25.00 ➝ $16.00+9.89%
11/1/2024The Goldman Sachs Group
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 Lower TargetSell ➝ Sell$17.00 ➝ $15.00+1.21%
10/30/2024Bank of America
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 DowngradeBuy ➝ Neutral$29.00 ➝ $17.00+20.57%
10/17/2024Loop Capital
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A. Chukumba
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Initiated CoverageHold$17.00+0.77%
9/23/2024Melius Research
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K. Short
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Initiated CoverageHold$17.00+4.68%
8/7/2024Roth Capital
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W. Kirk
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UpgradeHold ➝ Strong-Buy
11/9/2023Morgan Stanley
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 Lower TargetUnderweight ➝ Underweight$27.00 ➝ $20.00-26.34%
8/9/2023Credit Suisse Group
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 Boost TargetNeutral ➝ Neutral$30.00 ➝ $33.00-4.60%
8/2/2023Jefferies Financial Group
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 Boost TargetHold ➝ Hold$30.00 ➝ $35.00+4.54%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 07:10 PM ET.


GO Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Grocery Outlet is $18.00, with a high forecast of $26.00 and a low forecast of $15.00.

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Grocery Outlet in the last year. There is currently 1 sell rating, 8 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GO, but not buy additional shares or sell existing shares.

According to analysts, Grocery Outlet's stock has a predicted upside of 7.59% based on their 12-month stock forecasts.

Over the previous 90 days, Grocery Outlet's stock had 3 downgrades by analysts.

Analysts like Grocery Outlet less than other "consumer staples" companies. The consensus rating score for Grocery Outlet is 2.25 while the average consensus rating score for "consumer staples" companies is 2.50. Learn more on how GO compares to other companies.


This page (NASDAQ:GO) was last updated on 12/22/2024 by MarketBeat.com Staff
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