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Grocery Outlet - GO Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $21.60
  • Forecasted Upside: 29.19%
  • Number of Analysts: 11
  • Breakdown:
  • 2 Sell Ratings
  • 5 Hold Ratings
  • 3 Buy Ratings
  • 1 Strong Buy Ratings
$16.72 As of 10/22/2024 01:00 AM ET
▼ -0.23 (-1.36%)

This chart shows the closing price for GO by one month, three months, or twelve months.

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Analyst Price Target for GO

Analyst Price Target is $21.60
▲ +29.19% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Grocery Outlet in the last 3 months. The average price target is $21.60, with a high forecast of $28.00 and a low forecast of $17.00. The average price target represents a 29.19% upside from the last price of $16.72.

This chart shows the closing price for GO for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 11 contributing investment analysts is to hold stock in Grocery Outlet. This rating has held steady since January 2023, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
5/2/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
7/31/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
10/29/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 2 sell ratings
Ratings as of
1/27/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 2 sell ratings
Ratings as of
4/26/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 2 sell ratings
Ratings as of
7/25/2024
  • 1 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 2 sell ratings
Ratings as of
9/23/2024
  • 1 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 2 sell ratings
Ratings as of
10/23/2024

Latest Recommendations

  • 1 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/17/2024Loop CapitalInitiated CoverageHold$17.00
9/23/2024Melius ResearchInitiated CoverageHold$17.00
8/7/2024Roth CapitalUpgradeHold ➝ Strong-Buy
8/7/2024UBS GroupLower TargetNeutral ➝ Neutral$27.00 ➝ $21.00
8/7/2024Roth MkmLower TargetNeutral ➝ Neutral$22.00 ➝ $20.00
8/7/2024Telsey Advisory GroupLower TargetOutperform ➝ Outperform$31.00 ➝ $27.00
7/31/2024Telsey Advisory GroupReiterated RatingOutperform ➝ Outperform$31.00 ➝ $31.00
7/31/2024Craig HallumDowngradeBuy ➝ Hold$32.00 ➝ $20.00
7/18/2024Wells Fargo & CompanyInitiated CoverageOverweight$28.00
5/10/2024TD CowenLower TargetBuy ➝ Buy$43.00 ➝ $25.00
5/9/2024Roth MkmLower TargetNeutral ➝ Neutral$27.00 ➝ $22.00
5/9/2024The Goldman Sachs GroupLower TargetSell ➝ Sell$24.00 ➝ $21.00
5/8/2024UBS GroupLower TargetNeutral ➝ Neutral$30.00 ➝ $27.00
5/8/2024Telsey Advisory GroupLower TargetOutperform$37.00 ➝ $31.00
2/28/2024UBS GroupLower TargetNeutral ➝ Neutral$32.00 ➝ $30.00
2/28/2024Craig HallumUpgradeHold ➝ Buy$36.00
2/28/2024Telsey Advisory GroupLower TargetOutperform ➝ Outperform$40.00 ➝ $37.00
12/12/2023The Goldman Sachs GroupDowngradeBuy ➝ Sell$33.00 ➝ $24.00
11/9/2023Morgan StanleyLower TargetUnderweight ➝ Underweight$27.00 ➝ $20.00
11/8/2023Roth MkmLower TargetNeutral ➝ Neutral$31.00 ➝ $29.00
10/10/2023The Goldman Sachs GroupLower TargetBuy ➝ Buy$38.00 ➝ $33.00
9/15/2023Telsey Advisory GroupReiterated RatingOutperform ➝ Outperform$40.00
8/22/2023Morgan StanleyBoost TargetUnderweight ➝ Underweight$25.00 ➝ $27.00
8/14/2023Roth MkmBoost TargetNeutral ➝ Neutral$29.00 ➝ $31.00
8/9/2023Telsey Advisory GroupReiterated RatingOutperform ➝ Outperform$40.00
8/9/2023Credit Suisse GroupBoost TargetNeutral ➝ Neutral$30.00 ➝ $33.00
8/9/2023Deutsche Bank AktiengesellschaftBoost TargetBuy ➝ Buy$38.00 ➝ $39.00
8/9/2023UBS GroupBoost TargetNeutral ➝ Neutral$29.00 ➝ $38.00
8/2/2023Jefferies Financial GroupBoost TargetHold ➝ Hold$30.00 ➝ $35.00
8/2/2023Telsey Advisory GroupBoost TargetOutperform ➝ Outperform$34.00 ➝ $40.00
3/2/2023Roth CapitalReiterated RatingNeutral
3/1/2023The Goldman Sachs GroupLower TargetBuy$38.00 ➝ $34.00
3/1/2023Morgan StanleyLower TargetUnderweight$26.00 ➝ $25.00
3/1/2023Credit Suisse GroupReiterated RatingNeutral$30.00
3/1/2023Deutsche Bank AktiengesellschaftLower Target$38.00 ➝ $34.00
3/1/2023Craig HallumDowngradeBuy ➝ Hold
2/24/2023Telsey Advisory GroupReiterated RatingOutperform$44.00
1/17/2023Morgan StanleyLower TargetUnderweight$30.00 ➝ $26.00
12/19/2022Credit Suisse GroupInitiated CoverageNeutral$30.00
11/15/2022DA DavidsonLower Target$39.00
11/10/2022Morgan StanleyLower TargetUnderweight$33.00 ➝ $30.00
11/9/2022The Goldman Sachs GroupBoost TargetBuy$38.00 ➝ $42.00
11/9/2022Telsey Advisory GroupLower TargetOutperform$50.00 ➝ $44.00
11/4/2022Deutsche Bank AktiengesellschaftLower Target$51.00 ➝ $43.00
10/21/2022The Goldman Sachs GroupLower TargetBuy$49.00 ➝ $38.00
8/23/2022Morgan StanleyDowngradeEqual Weight ➝ Underweight$29.00 ➝ $33.00
8/11/2022CowenBoost Target$45.00 ➝ $53.00
8/10/2022CowenBoost Target$45.00 ➝ $53.00
8/10/2022The Goldman Sachs GroupBoost TargetBuy$43.00 ➝ $49.00
8/10/2022Deutsche Bank AktiengesellschaftBoost TargetBuy$48.00 ➝ $51.00
8/10/2022Telsey Advisory GroupBoost TargetOutperform$48.00 ➝ $50.00
7/6/2022DA DavidsonDowngradeBuy ➝ Neutral$36.00 ➝ $43.00
6/29/2022Deutsche Bank AktiengesellschaftBoost TargetBuy$40.00 ➝ $48.00
6/10/2022CowenBoost TargetOutperform$42.00 ➝ $45.00
6/10/2022CowenBoost Target$42.00 ➝ $45.00
5/11/2022Craig HallumUpgradeHold ➝ Buy$43.00
5/11/2022Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$29.00 ➝ $40.00
4/29/2022Bank of AmericaUpgradeUnderperform ➝ Buy$23.00 ➝ $37.00
3/3/2022CowenBoost Target$30.00 ➝ $32.00
2/24/2022Telsey Advisory GroupReiterated RatingOutperform
1/19/2022Bank of AmericaDowngradeNeutral ➝ Underperform$26.00 ➝ $23.00
11/11/2021Morgan StanleyLower TargetEqual Weight$35.00 ➝ $28.00
11/10/2021MKM PartnersLower TargetNeutral$29.00 ➝ $26.00
11/3/2021Telsey Advisory GroupLower TargetOutperform$38.00 ➝ $30.00
11/2/2021Deutsche Bank AktiengesellschaftLower TargetHold$32.00 ➝ $29.00
8/11/2021DA DavidsonLower TargetPositive ➝ Buy$43.00 ➝ $35.00
8/11/2021Craig HallumLower TargetIn-Line ➝ Hold$42.00 ➝ $35.00
8/11/2021Telsey Advisory GroupLower TargetOutperform$45.00 ➝ $38.00
8/11/2021MKM PartnersDowngradeBuy ➝ Neutral$29.00
6/4/2021Jefferies Financial GroupDowngradeBuy ➝ Hold$45.00 ➝ $32.00
5/18/2021Deutsche Bank AktiengesellschaftReiterated RatingBuy ➝ Hold$37.00
5/18/2021Craig HallumReiterated RatingBuy ➝ Hold$50.00 ➝ $42.00
5/12/2021Morgan StanleyLower TargetEqual Weight$40.00 ➝ $38.00
5/12/2021Craig HallumDowngradeBuy ➝ Hold$50.00 ➝ $42.00
5/12/2021Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$43.00 ➝ $37.00
3/3/2021Morgan StanleyLower TargetEqual Weight$42.00 ➝ $40.00
11/18/2020Berenberg BankInitiated CoverageBuy
11/11/2020DA DavidsonLower TargetBuy$53.00 ➝ $50.00
11/11/2020Morgan StanleyLower TargetEqual Weight$43.00 ➝ $42.00
8/14/2020DA DavidsonInitiated CoverageBuy$53.00
8/12/2020Morgan StanleyBoost TargetEqual Weight$41.00 ➝ $43.00
8/11/2020Telsey Advisory GroupBoost TargetOutperform$50.00 ➝ $53.00
8/11/2020UBS GroupBoost TargetNeutral$40.00 ➝ $46.00
8/5/2020Telsey Advisory GroupBoost TargetOutperform$45.00 ➝ $50.00
8/4/2020Deutsche Bank AktiengesellschaftBoost TargetBuy$43.00 ➝ $47.00
7/29/2020MKM PartnersInitiated CoverageBuy$50.00
7/21/2020The Goldman Sachs GroupBoost TargetBuy$43.00 ➝ $47.00
6/18/2020CowenReiterated RatingBuy$48.00
6/16/2020NomuraInitiated CoverageBuy$40.00
6/16/2020Nomura InstinetInitiated CoverageBuy$40.00
5/15/2020The Goldman Sachs GroupInitiated CoverageBuy$43.00
5/12/2020UBS GroupBoost TargetNeutral$37.00 ➝ $40.00
5/12/2020Deutsche Bank AktiengesellschaftBoost TargetBuy$42.00 ➝ $43.00
5/12/2020Morgan StanleyBoost TargetEqual Weight$38.00 ➝ $41.00
4/28/2020UBS GroupBoost TargetNeutral$35.00 ➝ $37.00
3/25/2020Morgan StanleyBoost TargetEqual Weight$35.00 ➝ $38.00
3/25/2020Deutsche Bank AktiengesellschaftLower TargetBuy$43.00 ➝ $42.00
3/17/2020Telsey Advisory GroupReiterated RatingOutperform
3/17/2020Morgan StanleyLower TargetEqual Weight$36.00 ➝ $35.00
2/18/2020Deutsche Bank AktiengesellschaftLower TargetBuy$45.00 ➝ $43.00
2/12/2020Morgan StanleyLower TargetEqual Weight$39.00 ➝ $36.00
1/29/2020Craig HallumInitiated CoverageBuy$47.00
(Data available from 10/23/2019 forward)

News Sentiment Rating

0.82 (Buy)

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

Skip to Current Sentiment Summary
  • 32 very positive mentions
  • 20 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
3/26/2024
  • 13 very positive mentions
  • 13 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
4/25/2024
  • 19 very positive mentions
  • 25 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 8 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 9 very positive mentions
  • 4 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 12 very positive mentions
  • 20 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 12 very positive mentions
  • 7 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 16 very positive mentions
  • 15 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024

Current Sentiment

  • 16 very positive mentions
  • 15 positive mentions
  • 2 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Grocery Outlet logo
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.
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Today's Range

Now: $16.72
Low: $16.35
High: $16.97

50 Day Range

MA: $17.24
Low: $15.72
High: $19.30

52 Week Range

Now: $16.72
Low: $15.18
High: $29.98

Volume

1,307,840 shs

Average Volume

1,763,359 shs

Market Capitalization

$1.67 billion

P/E Ratio

30.96

Dividend Yield

N/A

Beta

0.1

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, Loop Capital, Melius Research, Morgan Stanley, Roth Capital, Roth Mkm, TD Cowen, Telsey Advisory Group, The Goldman Sachs Group, Inc., UBS Group AG, and Wells Fargo & Company.
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 $21.60, suggesting a possible upside of 29.2%. Wells Fargo & Company has the highest price target set, predicting GO will reach $28.00 in the next twelve months. Loop Capital has the lowest price target set, forecasting a price of $17.00 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, 5 hold ratings, 3 buy ratings and 1 strong buy rating 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, Natural Grocers by Vitamin Cottage, Village Super Market and Wayfair. 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.