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SFMSprouts Farmers Market, Inc.Sell4.9·$90.28+4.13%
SellModerate Confidence
Investment thesis

Sprouts Farmers Market has a perfect 4-quarter earnings beat streak and a 37% return on equity, but the stock trades below its 200-day moving average in a confirmed downtrend, with 16% short interest and a key supplier concentration risk through KeHE at 52% of supply.

Thesis pillars

  • High Return On Equity CompounderStable
  • Kehoe Supplier Concentration RiskStable
  • Perfect Earnings Beat StreakStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Sprouts Farmers Market, Inc. (SFM) Stock Analysis

Momentum Cont setup · Catalyst-Driven edge

SellVALUE-TRAP 1/5Moderate Confidence

Consumer Defensive · Grocery Stores

Sell if holding. Analyst target reached at $90.28 — A.R:R is negative (-0.7) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Supplier: KeHE (52.0%).

Sprouts Farmers Market operated 477 specialty grocery stores in 24 states at December 28, 2025, emphasizing fresh produce, natural, and organic foods in a farmers-market-style format averaging 28,000 square feet, with more than 36,000 team members. Sprouts Brand private-label... Read more

$90.28-1.4% A.UpsideScore 4.9/10#8 of 11 Grocery Stores
QualityF-score6 / 9FCF yield5.20%
Stop $83.64Target $88.69(resistance)A.R:R -0.7:1
Analyst target$92.43+2.4%14 analysts
$88.69our TP
$90.28price
$92.43mean
$70
$140

Sell if holding. Analyst target reached at $90.28 — A.R:R is negative (-0.7) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Supplier: KeHE (52.0%). Chart setup: Trend continuation, RSI 54, MACD bullish. Score 4.9/10, moderate confidence.

Passes 6/9 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 26d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: speculative.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-06
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Jul 29, 202626d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Positive momentum
Risks
Concentration risk — Supplier: KeHE (52.0%)
Analyst target reached - limited upside remaining
Leverage penalty (D/E 1.4): -0.5

Key Metrics

P/E (TTM)17.3
P/E (Fwd)15.1
Mkt Cap$8.5B
EV/EBITDA12.2
Profit Mgn5.7%
ROE37.3%
Rev Growth4.1%
Beta0.67
DividendNone
Rating analysts22

Quality Signals

Piotroski F6/9MoatNarrow

Options Flow

P/C1.30bearish
IV61%elevated

Concentration Risks(10-K Item 1A)

  • HIGHSupplierKeHE52%
    10-K Item 1A: 'KeHE is our primary distributor of dry grocery and frozen food products, accounting for approximately 52% and 50% of our total purchases in fiscal 2025 and 2024, respectively'
  • LOWSupplierUNFI12%
    10-K Item 1A: 'Another 12% and 3% of our total purchases in fiscal 2025 and 2024, respectively, were made through our secondary distributor of dry grocery and frozen food products, UNFI'
  • MEDIUMGeographicCalifornia
    10-K Item 1A: 'we operated 156 stores in California, making California our largest market representing 33% of our total stores in fiscal 2025'

Material Events(8-K, last 90d)

  • 2026-05-19Item 5.02LOW
    On May 19, 2026, Sprouts Farmers Market appointed Andrew Jhawar as a Class III director (term to 2028 annual meeting, Audit Committee). Doug Rauch simultaneously retired from the Board. Routine director change; no officer departure.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
0.0
52w Position
0.0
Support Resistance
0.4

Growth below the gate floor. Component breakdown shows what dragged the score down.static

Earnings Growth
0.9
Revenue Growth
3.5
GatesA.R:R -0.7=NEGATIVEDeath cross (50MA < 200MA)Executive change: officer departure/appointmentMomentum 7.5>=5.5Insider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 26d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARMomentum ContSuitability: Speculative
RSI
54 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $76.86Resistance $90.50

Price Targets

$84
$89
A.Upside-1.8%
A.R:R-0.7:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-10.6% upside)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-07-29 (26d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is SFM stock a buy right now?

Sell if holding. Analyst target reached at $90.28 — A.R:R is negative (-0.7) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Supplier: KeHE (52.0%). Chart setup: Trend continuation, RSI 54, MACD bullish. Prior stop was $83.64. Score 4.9/10, moderate confidence.

What is the SFM stock price target?

Take-profit target: $88.69 (-1.4% upside). Prior stop was $83.64. Stop-loss: $83.64.

What are the risks of investing in SFM?

Concentration risk — Supplier: KeHE (52.0%); Analyst target reached - limited upside remaining; Leverage penalty (D/E 1.4): -0.5.

Is SFM overvalued or undervalued?

Sprouts Farmers Market, Inc. trades at a P/E of 17.3 (forward 15.1). TrendMatrix value score: 6.3/10. Verdict: Sell.

What do analysts say about SFM?

22 analysts cover SFM with a consensus score of 3.6/5. Average price target: $92.

What does Sprouts Farmers Market, Inc. do?Sprouts Farmers Market operated 477 specialty grocery stores in 24 states at December 28, 2025, emphasizing fresh...

Sprouts Farmers Market operated 477 specialty grocery stores in 24 states at December 28, 2025, emphasizing fresh produce, natural, and organic foods in a farmers-market-style format averaging 28,000 square feet, with more than 36,000 team members. Sprouts Brand private-label products exceeded 25% of revenue in fiscal 2025, perishables accounted for 57% of sales, and produce alone represented approximately 17% of net sales.

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