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NASDAQ: GO
Grocery Outlet Holding Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for GO

Based on 6 analysts offering 12 month price targets for Grocery Outlet Holding Corp.
Min Forecast
$21.00-6.54%
Avg Forecast
$28.00+24.61%
Max Forecast
$37.00+64.66%

Should I buy or sell GO stock?

Based on 6 analysts offering ratings for Grocery Outlet Holding Corp.
Hold
Strong Buy
1 analysts 16.67%
Buy
2 analysts 33.33%
Hold
2 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
1 analysts 16.67%

Be the first to know when Wall Street analysts revise their GO stock forecasts and price targets.

GO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-10
lockedlocked$00.00+00.00%2024-05-09
lockedlocked$00.00+00.00%2024-05-09
lockedlocked$00.00+00.00%2024-05-08
lockedlocked$00.00+00.00%2024-02-28
Telsey Advisory Group
Top 1%
100
BuyMaintains$37.00+64.66%2024-02-28

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Forecast return on equity

Is GO forecast to generate an efficient return?
Company
N/A
Industry
10.84%
Market
21.13%

Forecast return on assets

Is GO forecast to generate an efficient return on assets?
Company
N/A
Industry
1.14%

GO revenue forecast

What is GO's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$4.4B+7.73%
Avg 2 year Forecast
$4.8B+17.79%
Avg 3 year Forecast
$5.2B+28.7%
GO's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

GO earnings growth forecast

How is GO forecast to perform vs Grocery Stores companies and vs the US market?
Company
30.68%
Industry
13.34%
Market
22.48%
GO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
GO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
GO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

GO revenue growth forecast

How is GO forecast to perform vs Grocery Stores companies and vs the US market?
Company
8.63%
Industry
2.4%
Market
9.25%
GO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
GO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

GO vs Grocery Store Stocks

TickerPricePrice TargetUp/downsideConsensus
GO$22.47$28.00+24.61%Hold
DNUT$12.04$17.40+44.52%Buy
WMK$68.53N/AN/A
IMKTA$75.92N/AN/A
ASAI$13.39$17.00+26.96%Strong Buy
View Top Grocery Store Stocks

Grocery Outlet Holding Stock Forecast FAQ

Is Grocery Outlet Holding Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: GO) stock is to Hold GO stock.

Out of 6 analysts, 1 (16.67%) are recommending GO as a Strong Buy, 2 (33.33%) are recommending GO as a Buy, 2 (33.33%) are recommending GO as a Hold, 0 (0%) are recommending GO as a Sell, and 1 (16.67%) are recommending GO as a Strong Sell.

If you're new to stock investing, here's how to buy Grocery Outlet Holding stock.

What is GO's revenue growth forecast for 2024-2026?

(NASDAQ: GO) Grocery Outlet Holding's forecast annual revenue growth rate of 8.63% is forecast to beat the US Grocery Stores industry's average forecast revenue growth rate of 2.4%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.25%.

Grocery Outlet Holding's revenue in 2024 is $4,040,930,000.On average, 6 Wall Street analysts forecast GO's revenue for 2024 to be $434,711,821,698, with the lowest GO revenue forecast at $431,901,813,575, and the highest GO revenue forecast at $440,168,164,633. On average, 6 Wall Street analysts forecast GO's revenue for 2025 to be $475,303,601,856, with the lowest GO revenue forecast at $465,655,065,133, and the highest GO revenue forecast at $485,128,094,878.

In 2026, GO is forecast to generate $519,357,686,702 in revenue, with the lowest revenue forecast at $513,193,224,517 and the highest revenue forecast at $525,522,148,888.

What is GO's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: GO) forecast ROA is N/A, which is lower than the forecast US Grocery Stores industry average of 1.14%.

What is GO's Price Target?

According to 6 Wall Street analysts that have issued a 1 year GO price target, the average GO price target is $28.00, with the highest GO stock price forecast at $37.00 and the lowest GO stock price forecast at $21.00.

On average, Wall Street analysts predict that Grocery Outlet Holding's share price could reach $28.00 by May 10, 2025. The average Grocery Outlet Holding stock price prediction forecasts a potential upside of 24.61% from the current GO share price of $22.47.

What is GO's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: GO) forecast ROE is N/A, which is considered weak.
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