Kroger (KR) Stock Forecast, Price Target & Predictions
KR Stock Forecast
Kroger stock forecast is as follows: an average price target of $56.60 (represents a 2.83% upside from KR’s last price of $55.04) and a rating consensus of 'Buy', based on 30 wall street analysts offering a 1-year stock forecast.
KR Price Target
The average price target for Kroger (KR) is $56.60 based on 1-year price targets from 30 Wall Street analysts in the past 3 months, with a price target range of $75.00 to $38.00. This represents a potential 2.83% upside from KR's last price of $55.04.
KR Analyst Ratings
According to 30 Wall Street analysts, Kroger's rating consensus is 'Buy'. The analyst rating breakdown for KR stock is 0 'Strong Buy' (0.00%), 23 'Buy' (76.67%), 7 'Hold' (23.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Kroger Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 12, 2024 | Rob Dickerson | Jefferies | $54.00 | $55.20 | -2.17% | -1.89% |
| Sep 12, 2024 | Michael Montani | Evercore ISI | $62.00 | $54.20 | 14.39% | 12.65% |
| Jul 22, 2024 | Chris Graja | Argus Research | $72.00 | $54.86 | 31.24% | 30.81% |
| Jun 24, 2024 | Vijay Jayant | Evercore ISI | $92.00 | $50.27 | 83.01% | 67.15% |
| Jun 24, 2024 | Simeon Gutman | Morgan Stanley | $57.00 | $50.21 | 13.52% | 3.56% |
| Jun 18, 2024 | Kelly Bania | BMO Capital | $60.00 | $51.98 | 15.43% | 9.01% |
| Jun 11, 2024 | Rob Dickerson | Jefferies | $53.00 | $51.27 | 3.36% | -3.71% |
| Apr 16, 2024 | Edward Kelly | Wells Fargo | $65.00 | $55.36 | 17.41% | 18.10% |
| Jun 14, 2023 | Chuck Cerankosky | Northcoast Research | $60.00 | $47.28 | 26.90% | 9.01% |
| Jun 09, 2023 | Joseph Feldman | Telsey Advisory | $55.00 | $46.17 | 19.12% | -0.07% |
The latest Kroger stock forecast, released on Sep 12, 2024 by Rob Dickerson from Jefferies, set a price target of $54.00, which represents a -2.17% decrease from the stock price at the time of the forecast ($55.20), and a -1.89% decrease from KR last price ($55.04).
Kroger Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 5 | 8 |
| Avg Price Target | $58.00 | $67.40 | $64.38 |
| Last Closing Price | $55.04 | $55.04 | $55.04 |
| Upside/Downside | 5.38% | 22.46% | 16.97% |
In the current month, the average price target of Kroger stock is $58.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 5.38% increase as opposed to Kroger's last price of $55.04. This month's average price target is down -13.95% compared to last quarter, and down -9.91% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 13, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Sep 12, 2024 | Jefferies | Hold | Hold | Hold |
| Sep 12, 2024 | CFRA | Hold | Buy | Upgrade |
| Sep 12, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Sep 11, 2024 | Telsey Advisory | Outperform | Outperform | Hold |
| Sep 11, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Sep 11, 2024 | Argus Research | Buy | Buy | Hold |
| Sep 09, 2024 | Telsey Advisory | Buy | Buy | Hold |
| Jun 24, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Jun 24, 2024 | Wells Fargo | Overweight | Overweight | Hold |
Kroger's last stock rating was published by BMO Capital on Sep 13, 2024. The company gave KR a "Outperform" rating, the same as its previous rate.
Kroger Financial Forecast
Kroger Revenue Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $37.06B | $33.96B | $33.85B | $45.16B | - | $34.20B | $34.64B | $44.60B | $33.05B | - | - | - | $30.74B | - | - | - | - | - |
| Avg Forecast | $52.16B | $36.15B | $36.09B | $35.28B | $35.06B | $46.47B | $35.75B | $34.85B | $34.66B | $46.04B | $35.16B | $34.23B | $37.07B | $33.92B | $33.89B | $33.99B | $32.68B | $31.20B | $29.26B | $43.68B | $28.87B | $28.16B | $28.40B | $39.68B | $30.86B | $27.95B | $22.97B | $37.12B | $27.88B | $28.57B |
| High Forecast | $52.66B | $36.51B | $36.44B | $35.63B | $35.40B | $46.92B | $36.10B | $35.19B | $34.90B | $46.45B | $35.55B | $34.57B | $37.43B | $34.25B | $34.20B | $34.32B | $33.00B | $31.50B | $35.12B | $52.42B | $29.18B | $28.46B | $28.70B | $47.62B | $37.04B | $33.54B | $27.57B | $44.55B | $33.46B | $34.28B |
| Low Forecast | $51.66B | $35.81B | $35.74B | $34.95B | $34.73B | $46.03B | $35.41B | $34.52B | $34.38B | $45.79B | $34.64B | $33.91B | $36.72B | $33.41B | $33.50B | $33.67B | $32.37B | $30.90B | $23.41B | $34.95B | $28.60B | $27.90B | $28.14B | $31.74B | $24.69B | $22.36B | $18.38B | $29.70B | $22.30B | $22.86B |
| # Analysts | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 13 | 10 | 7 | 3 | 7 | 14 | 7 | 6 | 3 | 5 | 13 | 17 | 9 | 6 | 6 | 12 | 18 | 16 | 7 | 7 | 19 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.00% | 1.00% | 1.33% | - | 1.10% | 1.18% | 1.02% | 1.14% | - | - | - | 1.00% | - | - | - | - | - |
Kroger's average Quarter revenue forecast for May 24 based on 3 analysts is $34.23B, with a low forecast of $33.91B, and a high forecast of $34.57B. KR's average Quarter revenue forecast represents a -7.63% decrease compared to the company's last Quarter revenue of $37.06B (Feb 24).
Kroger EBITDA Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 13 | 10 | 7 | 3 | 7 | 14 | 7 | 6 | 3 | 5 | 13 | 17 | 9 | 6 | 6 | 12 | 18 | 16 | 7 | 7 | 19 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $1.92B | $1.78B | $388.00M | $2.62B | - | $1.68B | $1.79B | $2.60B | $1.77B | - | - | - | $662.00M | - | - | - | - | - |
| Avg Forecast | $2.60B | $1.80B | $1.80B | $1.76B | $1.75B | $2.32B | $1.78B | $1.74B | $1.73B | $2.30B | $1.75B | $1.71B | $1.53B | $1.69B | $1.69B | $1.70B | $1.39B | $1.56B | $1.40B | $1.79B | $1.26B | $1.22B | $1.11B | $1.14B | $672.43M | $1.63B | $1.32B | $2.45B | $1.77B | $1.13B |
| High Forecast | $2.63B | $1.82B | $1.82B | $1.78B | $1.77B | $2.34B | $1.80B | $1.76B | $1.74B | $2.32B | $1.77B | $1.72B | $1.83B | $1.71B | $1.71B | $1.71B | $1.66B | $1.57B | $1.68B | $2.15B | $1.51B | $1.46B | $1.33B | $1.37B | $806.92M | $1.96B | $1.58B | $2.93B | $2.12B | $1.35B |
| Low Forecast | $2.58B | $1.79B | $1.78B | $1.74B | $1.73B | $2.30B | $1.77B | $1.72B | $1.72B | $2.28B | $1.73B | $1.69B | $1.22B | $1.67B | $1.67B | $1.68B | $1.11B | $1.54B | $1.12B | $1.43B | $1.01B | $975.93M | $886.70M | $915.79M | $537.95M | $1.31B | $1.05B | $1.96B | $1.41B | $900.78M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.26% | 1.05% | 0.23% | 1.55% | - | 1.08% | 1.28% | 1.45% | 1.40% | - | - | - | 0.98% | - | - | - | - | - |
3 analysts predict KR's average Quarter EBITDA for May 24 to be $1.71B, with a high of $1.72B and a low of $1.69B. This is -11.16% lower than Kroger's previous annual EBITDA (Feb 24) of $1.92B.
Kroger Net Income Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 13 | 10 | 7 | 3 | 7 | 14 | 7 | 6 | 3 | 5 | 13 | 17 | 9 | 6 | 6 | 12 | 18 | 16 | 7 | 7 | 19 | 13 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $736.00M | $646.00M | $-180.00M | $962.00M | - | $398.00M | $731.00M | $664.00M | $569.00M | - | - | - | $-76.00M | - | - | - | - | - |
| Avg Forecast | $886.37M | $847.96M | $855.51M | $805.49M | $747.72M | $1.10B | $847.98M | $750.08M | $709.54M | $1.08B | $815.65M | $712.28M | $526.60M | $652.12M | $654.30M | $600.03M | $478.72M | $484.57M | $431.34M | $575.81M | $435.20M | $395.18M | $340.98M | $115.05M | $-63.61M | $593.33M | $550.96M | $1.07B | $315.11M | $268.48M |
| High Forecast | $897.59M | $858.70M | $866.34M | $815.69M | $757.19M | $1.12B | $858.72M | $759.58M | $741.22M | $1.16B | $848.94M | $721.29M | $631.91M | $681.10M | $683.38M | $607.63M | $574.47M | $490.71M | $517.61M | $690.98M | $522.24M | $474.22M | $409.18M | $138.06M | $-50.89M | $711.99M | $661.16M | $1.28B | $378.13M | $322.17M |
| Low Forecast | $875.46M | $837.52M | $844.98M | $795.58M | $738.52M | $1.09B | $837.54M | $740.85M | $684.20M | $1.01B | $740.74M | $703.51M | $421.28M | $601.40M | $632.49M | $592.64M | $382.98M | $478.61M | $345.08M | $460.65M | $348.16M | $316.15M | $272.79M | $92.04M | $-76.33M | $474.66M | $440.77M | $853.96M | $252.09M | $214.78M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.40% | 0.99% | -0.28% | 1.60% | - | 0.82% | 1.69% | 1.15% | 1.31% | - | - | - | 1.19% | - | - | - | - | - |
Kroger's average Quarter net income forecast for May 24 is $712.28M, with a range of $703.51M to $721.29M. KR's average Quarter net income forecast represents a -3.22% decrease compared to the company's last Quarter net income of $736.00M (Feb 24).
Kroger SG&A Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 13 | 10 | 7 | 3 | 7 | 14 | 7 | 6 | 3 | 5 | 13 | 17 | 9 | 6 | 6 | 12 | 18 | 16 | 7 | 7 | 19 | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $6.50B | $194.00M | $206.00M | $7.66B | - | $5.78B | $5.61B | $7.25B | $5.71B | - | - | - | $6.53B | - | - | - | - | - |
| Avg Forecast | $5.46B | $3.78B | $3.78B | $3.69B | $3.67B | $4.86B | $3.74B | $3.65B | $3.63B | $4.82B | $3.68B | $3.58B | $5.32B | $3.55B | $3.55B | $3.56B | $4.84B | $3.26B | $4.88B | $6.29B | $4.40B | $4.40B | $3.86B | $6.32B | $5.39B | $5.08B | $3.70B | $7.00B | $5.01B | $5.41B |
| High Forecast | $5.51B | $3.82B | $3.81B | $3.73B | $3.70B | $4.91B | $3.78B | $3.68B | $3.65B | $4.86B | $3.72B | $3.62B | $6.38B | $3.58B | $3.58B | $3.59B | $5.80B | $3.30B | $5.85B | $7.55B | $5.28B | $5.28B | $4.63B | $7.58B | $6.47B | $6.09B | $4.44B | $8.40B | $6.01B | $6.49B |
| Low Forecast | $5.40B | $3.75B | $3.74B | $3.66B | $3.63B | $4.82B | $3.70B | $3.61B | $3.60B | $4.79B | $3.62B | $3.55B | $4.26B | $3.50B | $3.50B | $3.52B | $3.87B | $3.23B | $3.90B | $5.03B | $3.52B | $3.52B | $3.09B | $5.05B | $4.32B | $4.06B | $2.96B | $5.60B | $4.00B | $4.33B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.22% | 0.05% | 0.06% | 2.15% | - | 1.77% | 1.15% | 1.15% | 1.30% | - | - | - | 1.21% | - | - | - | - | - |
Kroger's average Quarter SG&A projection for May 24 is $3.58B, based on 3 Wall Street analysts, with a range of $3.55B to $3.62B. The forecast indicates a -44.88% fall compared to KR last annual SG&A of $6.50B (Feb 24).
Kroger EPS Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 13 | 10 | 7 | 3 | 7 | 14 | 7 | 6 | 3 | 5 | 13 | 17 | 9 | 6 | 6 | 12 | 18 | 16 | 7 | 7 | 19 | 13 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.02 | $0.89 | $-0.25 | $1.33 | - | $0.55 | $1.01 | $0.91 | $0.78 | - | - | - | $-0.10 | - | - | - | - | - |
| Avg Forecast | $1.22 | $1.17 | $1.18 | $1.11 | $1.03 | $1.52 | $1.17 | $1.03 | $0.98 | $1.48 | $1.12 | $0.98 | $1.13 | $0.90 | $0.90 | $0.83 | $0.74 | $0.67 | $1.27 | $1.15 | $0.56 | $0.49 | $0.52 | $1.01 | $0.57 | $0.63 | $0.37 | $0.96 | $0.53 | $0.49 |
| High Forecast | $1.23 | $1.18 | $1.19 | $1.12 | $1.04 | $1.54 | $1.18 | $1.04 | $1.02 | $1.60 | $1.17 | $0.99 | $1.15 | $0.94 | $0.94 | $0.84 | $0.75 | $0.67 | $1.29 | $1.16 | $0.56 | $0.50 | $0.53 | $1.03 | $0.68 | $0.76 | $0.44 | $1.15 | $0.64 | $0.59 |
| Low Forecast | $1.20 | $1.15 | $1.16 | $1.09 | $1.02 | $1.50 | $1.15 | $1.02 | $0.94 | $1.39 | $1.02 | $0.97 | $1.12 | $0.83 | $0.87 | $0.82 | $0.73 | $0.66 | $1.26 | $1.14 | $0.55 | $0.49 | $0.52 | $1.00 | $0.46 | $0.50 | $0.30 | $0.77 | $0.42 | $0.39 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.99% | -0.28% | 1.61% | - | 0.83% | 0.79% | 0.79% | 1.40% | - | - | - | -0.18% | - | - | - | - | - |
According to 3 Wall Street analysts, Kroger's projected average Quarter EPS for May 24 is $0.98, with a low estimate of $0.97 and a high estimate of $0.99. This represents a -3.95% decrease compared to KR previous annual EPS of $1.02 (Feb 24).
Kroger Peer Comparison by Price Target
KR Forecast FAQ
Is Kroger a good buy?
Yes, according to 30 Wall Street analysts, Kroger (KR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 23 'Buy' recommendations, accounting for 76.67% of KR's total ratings.
What is KR's price target?
Kroger (KR) average price target is $56.6 with a range of $38 to $75, implying a 2.83% from its last price of $55.04. The data is based on 30 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Kroger stock go up soon?
According to Wall Street analysts' prediction for KR stock, the company can go up by 2.83% (from the last price of $55.04 to the average price target of $56.6), up by 36.26% based on the highest stock price target, and down by -30.96% based on the lowest stock price target.
Can Kroger stock reach $80?
KR's average twelve months analyst stock price target of $56.6 does not support the claim that Kroger can reach $80 in the near future.
What is Kroger's current price target trend?
2 Wall Street analysts forecast a $58 price target for Kroger (KR) this month, up 5.38% from its last price of $55.04. Compared to the last 3 and 12 months, the average price target increased by 22.46% and increased by 16.97%, respectively.
What are Kroger's analysts' financial forecasts?
Kroger's analysts financial forecasts for the fiscal year (Feb 2026) are as follows: average revenue is $152.14B (high $153.62B, low $150.7B), average EBITDA is $7.59B (high $7.67B, low $7.52B), average net income is $3.45B (high $3.49B, low $3.41B), average SG&A $15.92B (high $16.07B, low $15.77B), and average EPS is $4.74 (high $4.8, low $4.69). KR's analysts financial forecasts for the fiscal year (Feb 2027) are as follows: average revenue is $159.68B (high $161.23B, low $158.17B), average EBITDA is $7.97B (high $8.05B, low $7.89B), average net income is $3.4B (high $3.44B, low $3.35B), average SG&A $16.71B (high $16.87B, low $16.55B), and average EPS is $4.67 (high $4.73, low $4.61).
Did the KR's actual financial results beat the analysts' financial forecasts?
Based on Kroger's last annual report (Feb 2024), the company's revenue was $150.04B, beating the average analysts forecast of $138.87B by 8.04%. Apple's EBITDA was $6.85B, beating the average prediction of $6.61B by 3.64%. The company's net income was $2.16B, missing the average estimation of $2.43B by -11.06%. Apple's SG&A was $27.14B, beating the average forecast of $15.97B by 69.96%. Lastly, the company's EPS was $3.01, missing the average prediction of $3.75 by -19.84%. In terms of the last quarterly report (Feb 2024), Kroger's revenue was $37.06B, missing the average analysts' forecast of $37.07B by -0.01%. The company's EBITDA was $1.92B, beating the average prediction of $1.53B by 26.04%. Kroger's net income was $736M, beating the average estimation of $526.6M by 39.77%. The company's SG&A was $6.5B, beating the average forecast of $5.32B by 22.14%. Lastly, the company's EPS was $1.02, missing the average prediction of $1.13 by -9.94%