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 -5.00% downside from KR’s last price of $59.58) and a rating consensus of 'Buy', based on 31 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 31 Wall Street analysts in the past 3 months, with a price target range of $75.00 to $38.00. This represents a potential -5.00% downside from KR's last price of $59.58.
KR Analyst Ratings
According to 31 Wall Street analysts, Kroger's rating consensus is 'Buy'. The analyst rating breakdown for KR stock is 0 'Strong Buy' (0.00%), 23 'Buy' (74.19%), 8 'Hold' (25.81%), 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% | -9.37% |
| Sep 12, 2024 | Michael Montani | Evercore ISI | $62.00 | $54.20 | 14.39% | 4.06% |
| Jul 22, 2024 | Chris Graja | Argus Research | $72.00 | $54.86 | 31.24% | 20.85% |
| Jun 24, 2024 | Vijay Jayant | Evercore ISI | $92.00 | $50.27 | 83.01% | 54.41% |
| Jun 24, 2024 | Simeon Gutman | Morgan Stanley | $57.00 | $50.21 | 13.52% | -4.33% |
| Jun 18, 2024 | Kelly Bania | BMO Capital | $60.00 | $51.98 | 15.43% | 0.70% |
| Jun 11, 2024 | Rob Dickerson | Jefferies | $53.00 | $51.27 | 3.36% | -11.04% |
| Apr 16, 2024 | Edward Kelly | Wells Fargo | $65.00 | $55.36 | 17.41% | 9.10% |
| Jun 14, 2023 | Chuck Cerankosky | Northcoast Research | $60.00 | $47.28 | 26.90% | 0.70% |
| Jun 09, 2023 | Joseph Feldman | Telsey Advisory | $55.00 | $46.17 | 19.12% | -7.69% |
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 -9.37% decrease from KR last price ($59.58).
Kroger Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 8 |
| Avg Price Target | - | $58.00 | $64.38 |
| Last Closing Price | $59.58 | $59.58 | $59.58 |
| Upside/Downside | -100.00% | -2.65% | 8.06% |
In the current month, the average price target of Kroger stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Kroger's last price of $59.58. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 18, 2024 | Exane BNP Paribas | Underperform | Neutral | Initialise |
| 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 | Needham | Buy | Buy | Hold |
Kroger's last stock rating was published by Exane BNP Paribas on Oct 18, 2024. The company Initialise its KR rating from "Underperform" to "Neutral".
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 | May 22 | Feb 22 | Nov 21 | Aug 21 | Feb 21 | Feb 20 | Feb 19 | Feb 18 | Feb 17 | Feb 16 | Feb 15 | Feb 14 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $37.06B | $33.96B | $33.85B | $45.16B | - | $34.20B | $44.60B | - | $31.86B | $31.68B | - | $28.89B | $28.09B | $31.03B | - | - | - | $23.22B |
| Avg Forecast | $38.57B | $36.15B | $36.09B | $35.28B | $35.06B | $46.47B | $35.75B | $34.85B | $34.66B | $46.04B | $35.32B | $34.21B | $37.07B | $33.92B | $33.89B | $33.99B | $32.68B | $31.20B | $29.97B | $28.87B | $28.16B | $28.40B | $30.86B | $27.88B | $30.43B | $31.03B | $27.09B | $24.79B | $21.81B | $21.44B |
| High Forecast | $38.96B | $36.52B | $36.45B | $35.64B | $35.41B | $46.93B | $36.11B | $35.20B | $34.91B | $46.62B | $35.69B | $34.55B | $37.09B | $34.25B | $34.20B | $34.33B | $33.01B | $31.51B | $30.29B | $29.18B | $28.47B | $28.71B | $37.04B | $33.46B | $36.52B | $37.24B | $32.51B | $29.75B | $26.18B | $25.72B |
| Low Forecast | $38.30B | $35.90B | $35.84B | $35.04B | $34.82B | $46.15B | $35.50B | $34.61B | $34.39B | $45.75B | $35.08B | $33.97B | $37.04B | $33.41B | $33.50B | $33.76B | $32.45B | $30.98B | $29.74B | $28.64B | $27.95B | $28.18B | $24.69B | $22.30B | $24.35B | $24.82B | $21.67B | $19.83B | $17.45B | $17.15B |
| # Analysts | 6 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 13 | 10 | 7 | 3 | 10 | 14 | 7 | 5 | 6 | 5 | 8 | 8 | 14 | 9 | 18 | 19 | 8 | 8 | 18 | 9 | 17 | 18 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.00% | 1.00% | 1.33% | - | 1.10% | 1.49% | - | 1.13% | 1.12% | - | 1.04% | 0.92% | 1.00% | - | - | - | 1.08% |
Kroger's average Quarter revenue forecast for May 24 based on 3 analysts is $34.21B, with a low forecast of $33.97B, and a high forecast of $34.55B. KR's average Quarter revenue forecast represents a -7.71% 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 | May 22 | Feb 22 | Nov 21 | Aug 21 | Feb 21 | Feb 20 | Feb 19 | Feb 18 | Feb 17 | Feb 16 | Feb 15 | Feb 14 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 13 | 10 | 7 | 3 | 10 | 14 | 7 | 5 | 6 | 5 | 8 | 8 | 14 | 9 | 18 | 19 | 8 | 8 | 18 | 9 | 17 | 18 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $1.92B | $1.78B | $388.00M | $2.62B | - | $1.68B | $2.60B | - | $1.59B | $1.64B | - | $1.35B | $965.00M | $609.00M | - | - | - | $1.12B |
| Avg Forecast | $1.92B | $1.80B | $1.80B | $1.76B | $1.75B | $2.32B | $1.78B | $1.74B | $1.73B | $2.30B | $1.76B | $1.71B | $1.53B | $1.69B | $1.69B | $1.70B | $1.39B | $1.34B | $1.50B | $1.26B | $1.41B | $1.42B | $672.43M | $1.77B | $1.13B | $1.53B | $1.41B | $1.35B | $1.16B | $1.02B |
| High Forecast | $1.94B | $1.82B | $1.82B | $1.78B | $1.77B | $2.34B | $1.80B | $1.76B | $1.74B | $2.33B | $1.78B | $1.72B | $1.83B | $1.71B | $1.71B | $1.71B | $1.66B | $1.61B | $1.51B | $1.51B | $1.42B | $1.43B | $806.92M | $2.12B | $1.35B | $1.84B | $1.69B | $1.62B | $1.39B | $1.23B |
| Low Forecast | $1.91B | $1.79B | $1.79B | $1.75B | $1.74B | $2.30B | $1.77B | $1.73B | $1.72B | $2.28B | $1.75B | $1.70B | $1.22B | $1.67B | $1.67B | $1.68B | $1.11B | $1.07B | $1.48B | $1.01B | $1.39B | $1.41B | $537.95M | $1.41B | $902.03M | $1.23B | $1.13B | $1.08B | $928.21M | $817.67M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.26% | 1.05% | 0.23% | 1.55% | - | 1.25% | 1.74% | - | 1.13% | 1.16% | - | 0.76% | 0.86% | 0.40% | - | - | - | 1.10% |
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 $1.70B. This is -11.24% 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 | May 22 | Feb 22 | Nov 21 | Aug 21 | Feb 21 | Feb 20 | Feb 19 | Feb 18 | Feb 17 | Feb 16 | Feb 15 | Feb 14 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 13 | 10 | 7 | 3 | 10 | 14 | 7 | 5 | 6 | 5 | 8 | 8 | 14 | 9 | 18 | 19 | 8 | 8 | 18 | 9 | 17 | 18 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $736.00M | $646.00M | $-180.00M | $962.00M | - | $398.00M | $664.00M | - | $485.00M | $467.00M | - | $327.00M | $259.00M | $-69.00M | - | - | - | $422.00M |
| Avg Forecast | $886.37M | $847.96M | $879.78M | $808.39M | $736.27M | $1.14B | $848.32M | $749.06M | $705.03M | $1.08B | $818.57M | $706.93M | $526.60M | $652.12M | $654.30M | $600.03M | $478.72M | $434.70M | $484.70M | $435.20M | $357.38M | $380.24M | $-63.61M | $315.11M | $278.92M | $854.00M | $496.27M | $527.94M | $437.42M | $386.83M |
| High Forecast | $897.90M | $858.99M | $891.23M | $818.91M | $745.85M | $1.16B | $859.36M | $758.81M | $736.50M | $1.11B | $851.99M | $716.13M | $631.91M | $681.10M | $683.38M | $607.84M | $574.47M | $521.64M | $491.55M | $522.24M | $362.43M | $385.62M | $-50.89M | $378.13M | $334.71M | $1.02B | $595.52M | $633.53M | $524.91M | $464.20M |
| Low Forecast | $878.37M | $840.30M | $871.83M | $801.09M | $729.62M | $1.13B | $840.67M | $742.30M | $679.85M | $1.04B | $785.16M | $700.55M | $421.28M | $601.40M | $632.49M | $594.61M | $382.98M | $347.76M | $479.87M | $348.16M | $353.82M | $376.45M | $-76.33M | $252.09M | $223.14M | $683.20M | $397.02M | $422.36M | $349.94M | $309.47M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.40% | 0.99% | -0.28% | 1.60% | - | 0.92% | 1.37% | - | 1.36% | 1.23% | - | 1.04% | 0.93% | -0.08% | - | - | - | 1.09% |
Kroger's average Quarter net income forecast for May 24 is $706.93M, with a range of $700.55M to $716.13M. KR's average Quarter net income forecast represents a -3.95% 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 | May 22 | Feb 22 | Nov 21 | Aug 21 | Feb 21 | Feb 20 | Feb 19 | Feb 18 | Feb 17 | Feb 16 | Feb 15 | Feb 14 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 13 | 10 | 7 | 3 | 10 | 14 | 7 | 5 | 6 | 5 | 8 | 8 | 14 | 9 | 18 | 19 | 8 | 8 | 18 | 9 | 17 | 18 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $6.50B | $194.00M | $206.00M | $7.66B | - | $5.78B | $7.25B | - | $5.37B | $5.28B | - | $5.19B | $5.22B | $6.18B | - | - | - | $3.68B |
| Avg Forecast | $4.04B | $3.78B | $3.78B | $3.69B | $3.67B | $4.86B | $3.74B | $3.65B | $3.63B | $4.82B | $3.70B | $3.58B | $5.32B | $3.55B | $3.55B | $3.56B | $4.84B | $4.84B | $3.14B | $4.40B | $2.95B | $2.97B | $5.39B | $5.01B | $5.62B | $6.18B | $4.61B | $4.28B | $3.62B | $3.37B |
| High Forecast | $4.08B | $3.82B | $3.81B | $3.73B | $3.70B | $4.91B | $3.78B | $3.68B | $3.65B | $4.88B | $3.73B | $3.61B | $6.38B | $3.58B | $3.58B | $3.59B | $5.80B | $5.80B | $3.17B | $5.28B | $2.98B | $3.00B | $6.47B | $6.01B | $6.74B | $7.42B | $5.53B | $5.14B | $4.34B | $4.05B |
| Low Forecast | $4.01B | $3.76B | $3.75B | $3.67B | $3.64B | $4.83B | $3.71B | $3.62B | $3.60B | $4.79B | $3.67B | $3.55B | $4.26B | $3.50B | $3.50B | $3.53B | $3.87B | $3.87B | $3.11B | $3.52B | $2.92B | $2.95B | $4.32B | $4.00B | $4.50B | $4.95B | $3.69B | $3.43B | $2.89B | $2.70B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.22% | 0.05% | 0.06% | 2.15% | - | 1.20% | 2.31% | - | 1.82% | 1.78% | - | 1.04% | 0.93% | 1.00% | - | - | - | 1.09% |
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 $3.61B. The forecast indicates a -44.93% 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 | May 22 | Feb 22 | Nov 21 | Aug 21 | Feb 21 | Feb 20 | Feb 19 | Feb 18 | Feb 17 | Feb 16 | Feb 15 | Feb 14 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 13 | 10 | 7 | 3 | 10 | 14 | 7 | 5 | 6 | 5 | 8 | 8 | 14 | 9 | 18 | 19 | 8 | 8 | 18 | 9 | 17 | 18 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.02 | $0.89 | $-0.25 | $1.33 | - | $0.55 | $0.91 | - | $0.65 | $0.62 | - | $0.40 | $0.32 | $-0.08 | - | - | - | $0.41 |
| Avg Forecast | $1.22 | $1.17 | $1.21 | $1.11 | $1.01 | $1.57 | $1.17 | $1.03 | $0.97 | $1.48 | $1.13 | $0.97 | $1.13 | $0.90 | $0.90 | $0.83 | $0.74 | $0.67 | $0.67 | $0.56 | $0.49 | $0.52 | $0.57 | $0.53 | $0.56 | $0.63 | $0.51 | $0.51 | $0.38 | $0.33 |
| High Forecast | $1.24 | $1.18 | $1.23 | $1.13 | $1.03 | $1.59 | $1.18 | $1.04 | $1.01 | $1.52 | $1.17 | $0.99 | $1.13 | $0.94 | $0.94 | $0.84 | $0.75 | $0.68 | $0.68 | $0.56 | $0.50 | $0.53 | $0.68 | $0.64 | $0.67 | $0.76 | $0.61 | $0.61 | $0.46 | $0.40 |
| Low Forecast | $1.21 | $1.16 | $1.20 | $1.10 | $1.00 | $1.56 | $1.16 | $1.02 | $0.94 | $1.43 | $1.08 | $0.96 | $1.13 | $0.83 | $0.87 | $0.82 | $0.73 | $0.66 | $0.66 | $0.55 | $0.49 | $0.52 | $0.46 | $0.42 | $0.45 | $0.50 | $0.41 | $0.41 | $0.30 | $0.26 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.99% | -0.28% | 1.61% | - | 0.83% | 1.36% | - | 1.32% | 1.19% | - | 0.75% | 0.57% | -0.13% | - | - | - | 1.24% |
According to 3 Wall Street analysts, Kroger's projected average Quarter EPS for May 24 is $0.97, with a low estimate of $0.96 and a high estimate of $0.99. This represents a -4.67% decrease compared to KR previous annual EPS of $1.02 (Feb 24).