Sprouts Farmers Market (NASDAQ:SFM) Stock Gets Downgrade from Bank of America

Posted by Francis Steltz on Oct 29th, 2026

Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) was downgraded by Bank of America from a “buy” rating to an “underperform” rating in a report issued on Thursday, Briefing.com reports. They presently have a $47.00 price target on the stock. Bank of America‘s price objective would suggest a potential downside of 24.19% from the company’s previous close.

SFM has been the topic of a number of other reports. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Sprouts Farmers Market from $84.00 to $77.00 and set a “hold” rating on the stock in a research note on Friday, September 25th. Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Monday, September 21st. JPMorgan Chase & Co. lowered their target price on shares of Sprouts Farmers Market from $103.00 to $90.00 and set an “overweight” rating on the stock in a report on Tuesday, October 6th. UBS Group reaffirmed a “neutral” rating and issued a $74.00 price target on shares of Sprouts Farmers Market in a research report on Monday. Finally, Evercore reiterated an “outperform” rating and set a $95.00 price target on shares of Sprouts Farmers Market in a research note on Tuesday, September 1st. Five analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $79.00.

Check Out Our Latest Analysis on Sprouts Farmers Market

Sprouts Farmers Market Price Performance

Shares of NASDAQ:SFM opened at $62.00 on Thursday. The company has a quick ratio of 0.43, a current ratio of 0.99 and a debt-to-equity ratio of 0.07. Sprouts Farmers Market has a twelve month low of $60.47 and a twelve month high of $106.04. The stock’s 50 day moving average is $70.88 and its 200-day moving average is $76.59. The firm has a market capitalization of $5.78 billion, a price-to-earnings ratio of 11.88, a PEG ratio of 1.68 and a beta of 0.67.

Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last issued its earnings results on Wednesday, October 28th. The company reported $1.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.01). Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%. The firm had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.33 billion. During the same quarter in the prior year, the business earned $1.22 earnings per share. Sprouts Farmers Market’s revenue for the quarter was up 4.7% on a year-over-year basis. Sell-side analysts forecast that Sprouts Farmers Market will post 5.52 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Joseph O’Leary sold 2,597 shares of the company’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $82.57, for a total value of $214,434.29. Following the completion of 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 legal filing with the SEC, which is available through this hyperlink. Also, CEO Jack Sinclair sold 10,788 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $86.80, for a total transaction of $936,398.40. Following the completion of the sale, the chief executive officer owned 269,980 shares of the company’s stock, valued at approximately $23,434,264. This represents a 3.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 46,041 shares of company stock worth $3,460,383 over the last ninety days. Insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Sprouts Farmers Market

A number of institutional investors have recently added to or reduced their stakes in the company. Vise Technologies Inc. lifted its position in shares of Sprouts Farmers Market by 17.4% during the 3rd quarter. Vise Technologies Inc. now owns 8,999 shares of the company’s stock worth $597,000 after buying an additional 1,337 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in shares of Sprouts Farmers Market by 15.5% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 38,027 shares of the company’s stock valued at $2,523,000 after acquiring an additional 5,100 shares in the last quarter. Verdence Capital Advisors LLC bought a new position in shares of Sprouts Farmers Market in the third quarter valued at approximately $577,000. Access Investment Management LLC grew its holdings in shares of Sprouts Farmers Market by 145.8% in the third quarter. Access Investment Management LLC now owns 35,699 shares of the company’s stock valued at $2,369,000 after acquiring an additional 21,175 shares in the last quarter. Finally, Robeco Schweiz AG increased its position in shares of Sprouts Farmers Market by 49.1% during the third quarter. Robeco Schweiz AG now owns 137,200 shares of the company’s stock valued at $9,103,000 after acquiring an additional 45,200 shares during the last quarter.

Key Headlines Impacting Sprouts Farmers Market

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

Positive Sentiment: Sprouts reported third-quarter revenue of approximately $2.30 billion, up 4.7% year over year, while net income remained profitable. The company also continues to benefit from its specialty-grocery positioning and store expansion strategy. Sprouts Farmers Market Third-Quarter Results
Positive Sentiment: Sprouts expanded same-day delivery to 500 stores, supporting digital sales and customer convenience. The initiative could help the company drive traffic and improve its competitive position over time. Sprouts Expands Same-Day Delivery
Neutral Sentiment: The company announced that its chief technology officer is stepping down. The leadership change may have limited immediate financial impact, but investors could monitor execution of Sprouts’ digital strategy. Sprouts Digital Expansion and CTO Departure
Negative Sentiment: Third-quarter adjusted earnings per share were $1.21 versus the $1.22 consensus estimate, and revenue of $2.30 billion trailed expectations of $2.33 billion. EPS also declined from $1.22 a year earlier, increasing concerns about slowing near-term growth. Sprouts Misses Third-Quarter Estimates
Negative Sentiment: Sprouts cut its fiscal 2026 outlook as the effects of the cyclospora issue continued to weigh on performance. Lower guidance raises the risk of additional earnings-estimate reductions. Sprouts Cuts Fiscal 2026 Outlook
Negative Sentiment: RBC Capital downgraded SFM to Sector Perform, while UBS and other brokerages maintained Hold-equivalent views. The cautious ratings indicate limited confidence in a near-term recovery and add pressure after the earnings release. RBC Downgrades Sprouts

About Sprouts Farmers Market

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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.