Sysco (SYY) Stock Forecast, Price Target & Predictions
SYY Stock Forecast
Sysco stock forecast is as follows: an average price target of $88.25 (represents a 15.33% upside from SYY’s last price of $76.52) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.
SYY Price Target
The average price target for Sysco (SYY) is $88.25 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $102.00 to $82.00. This represents a potential 15.33% upside from SYY's last price of $76.52.
SYY Analyst Ratings
According to 13 Wall Street analysts, Sysco's rating consensus is 'Buy'. The analyst rating breakdown for SYY stock is 0 'Strong Buy' (0.00%), 10 'Buy' (76.92%), 2 'Hold' (15.38%), 1 'Sell' (7.69%), and 0 'Strong Sell' (0.00%).
Sysco Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 31, 2024 | Jeffrey Bernstein | Bernstein | $88.00 | $76.44 | 15.12% | 15.00% |
| Jun 24, 2024 | Jake Bartlett | Truist Financial | $85.00 | $73.29 | 15.98% | 11.08% |
| May 28, 2024 | John Heinbockel | Guggenheim | $85.00 | $72.95 | 16.52% | 11.08% |
| May 23, 2024 | Lauren Silberman | Deutsche Bank | $86.00 | $73.10 | 17.65% | 12.39% |
| May 23, 2024 | Brian Harbour | Morgan Stanley | $82.00 | $72.73 | 12.75% | 7.16% |
| May 23, 2024 | Kelly Bania | BMO Capital | $85.00 | $72.92 | 16.56% | 11.08% |
| May 23, 2024 | Mark Carden | UBS | $87.00 | $72.73 | 19.62% | 13.70% |
| May 23, 2024 | Jeffrey Bernstein | Barclays | $85.00 | $72.73 | 16.87% | 11.08% |
| May 01, 2024 | Jeffrey Bernstein | Barclays | $88.00 | $74.32 | 18.41% | 15.00% |
| Sep 29, 2023 | Jake Bartlett | Truist Financial | $87.00 | $66.44 | 30.95% | 13.70% |
The latest Sysco stock forecast, released on Jul 31, 2024 by Jeffrey Bernstein from Bernstein, set a price target of $88.00, which represents a 15.12% increase from the stock price at the time of the forecast ($76.44), and a 15.00% increase from SYY last price ($76.52).
Sysco Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 10 |
| Avg Price Target | - | $86.50 | $85.80 |
| Last Closing Price | $76.52 | $76.52 | $76.52 |
| Upside/Downside | -100.00% | 13.04% | 12.13% |
In the current month, the average price target of Sysco stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Sysco's last price of $76.52. 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 |
|---|---|---|---|---|
| Jul 31, 2024 | Bernstein | Overweight | Overweight | Hold |
| May 28, 2024 | Guggenheim | - | Buy | Upgrade |
| May 23, 2024 | Deutsche Bank | Buy | Buy | Hold |
| May 23, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| May 23, 2024 | BMO Capital | Outperform | Outperform | Hold |
| May 23, 2024 | UBS | Buy | Buy | Hold |
| May 23, 2024 | Barclays | Overweight | Overweight | Hold |
| May 01, 2024 | Barclays | Overweight | Overweight | Hold |
| Mar 19, 2024 | UBS | Buy | Buy | Hold |
| Jan 31, 2024 | Stephens | Overweight | Overweight | Hold |
Sysco's last stock rating was published by Bernstein on Jul 31, 2024. The company gave SYY a "Overweight" rating, the same as its previous rate.
Sysco Financial Forecast
Sysco Revenue Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $35.06B | $19.62B | $19.73B | $18.88B | $18.59B | $19.13B | $18.96B | $16.90B | - | $16.46B | $16.14B | $11.82B | $11.56B | $11.78B | $8.87B | $13.70B |
| Avg Forecast | $24.87B | $21.80B | $21.85B | $22.25B | $22.31B | $20.98B | $21.03B | $21.35B | $21.42B | $20.16B | $20.15B | $20.50B | $20.51B | $19.74B | $19.32B | $19.73B | $19.95B | $18.56B | $18.59B | $18.70B | $18.29B | $15.99B | $15.88B | $15.85B | $14.66B | $12.28B | $12.22B | $11.72B | $9.56B | $13.94B |
| High Forecast | $25.24B | $22.12B | $22.18B | $22.58B | $22.64B | $21.30B | $21.34B | $21.67B | $21.74B | $20.46B | $20.45B | $20.60B | $20.82B | $20.03B | $19.41B | $20.08B | $20.25B | $18.84B | $18.87B | $18.98B | $18.29B | $16.17B | $16.06B | $16.03B | $14.82B | $12.42B | $12.36B | $11.86B | $9.67B | $14.09B |
| Low Forecast | $23.88B | $20.93B | $20.99B | $21.37B | $21.43B | $20.15B | $20.20B | $20.51B | $20.57B | $19.36B | $19.35B | $20.45B | $19.70B | $18.96B | $19.23B | $19.32B | $19.16B | $17.83B | $17.86B | $17.96B | $18.29B | $15.82B | $15.71B | $15.67B | $14.49B | $12.15B | $12.08B | $11.59B | $9.46B | $13.78B |
| # Analysts | 8 | 8 | 8 | 8 | 8 | 8 | 7 | 7 | 7 | 7 | 8 | 10 | 8 | 3 | 7 | 12 | 8 | 8 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 13 | 13 | 7 | 7 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.82% | 0.99% | 0.99% | 1.02% | 1.00% | 1.02% | 1.04% | 1.06% | - | 1.04% | 1.10% | 0.96% | 0.95% | 1.00% | 0.93% | 0.98% |
Sysco's average Quarter revenue forecast for Mar 24 based on 3 analysts is $19.74B, with a low forecast of $18.96B, and a high forecast of $20.03B. SYY's average Quarter revenue forecast represents a -43.71% decrease compared to the company's last Quarter revenue of $35.06B (Dec 23).
Sysco EBITDA Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 8 | 8 | 7 | 7 | 7 | 7 | 8 | 10 | 8 | 3 | 7 | 12 | 8 | 8 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 13 | 13 | 7 | 7 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $700.04M | $10.02B | $1.32B | $913.04M | $528.88M | $935.52M | $997.30M | $730.91M | - | $849.62M | $811.10M | $451.95M | $440.28M | $613.35M | $-300.17M | $271.55M |
| Avg Forecast | $1.14B | $995.50M | $997.92M | $1.02B | $1.02B | $958.34M | $960.37M | $975.28M | $978.13M | $920.85M | $920.10M | $936.34M | $936.94M | $964.65M | $882.29M | $900.91M | $911.18M | $876.96M | $849.07M | $956.57M | $818.11M | $797.23M | $790.65M | $869.61M | $611.89M | $406.75M | $594.38M | $392.55M | $-310.18M | $332.42M |
| High Forecast | $1.15B | $1.01B | $1.01B | $1.03B | $1.03B | $972.72M | $974.78M | $989.91M | $992.80M | $934.66M | $933.91M | $940.91M | $951.00M | $1.16B | $886.40M | $917.02M | $924.85M | $1.05B | $861.81M | $1.15B | $818.11M | $956.68M | $948.78M | $1.04B | $734.26M | $488.10M | $713.26M | $471.06M | $-248.14M | $398.90M |
| Low Forecast | $1.09B | $956.15M | $958.47M | $976.07M | $978.56M | $920.46M | $922.41M | $936.72M | $939.46M | $884.45M | $883.73M | $934.05M | $899.91M | $771.72M | $878.17M | $882.28M | $875.16M | $701.56M | $815.51M | $765.26M | $818.11M | $637.79M | $632.52M | $695.69M | $489.51M | $325.40M | $475.50M | $314.04M | $-372.21M | $265.93M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.79% | 11.13% | 1.45% | 1.04% | 0.62% | 0.98% | 1.22% | 0.92% | - | 0.98% | 1.33% | 1.11% | 0.74% | 1.56% | 0.97% | 0.82% |
3 analysts predict SYY's average Quarter EBITDA for Mar 24 to be $964.65M, with a high of $1.16B and a low of $771.72M. This is 37.80% upper than Sysco's previous annual EBITDA (Dec 23) of $700.04M.
Sysco Net Income Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 8 | 8 | 7 | 7 | 7 | 7 | 8 | 10 | 8 | 3 | 7 | 12 | 8 | 8 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 13 | 13 | 7 | 7 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $415.24M | $503.39M | $733.74M | $429.60M | $141.22M | $465.57M | $509.99M | $303.32M | - | $378.01M | $151.09M | $88.93M | $67.29M | $216.90M | $-618.42M | $-3.30M |
| Avg Forecast | $910.64M | $605.52M | $556.64M | $670.57M | $793.18M | $550.87M | $518.90M | $605.28M | $737.83M | $508.00M | $478.60M | $562.77M | $684.52M | $251.48M | $435.98M | $516.71M | $661.30M | $228.62M | $418.94M | $425.60M | $559.67M | $207.83M | $196.56M | $386.91M | $113.98M | $80.03M | $90.84M | $165.59M | $-639.03M | $-4.04M |
| High Forecast | $928.41M | $617.33M | $567.50M | $683.65M | $808.65M | $561.62M | $529.02M | $617.09M | $752.23M | $517.90M | $487.93M | $577.58M | $697.87M | $301.77M | $440.93M | $541.55M | $674.20M | $274.34M | $427.11M | $510.72M | $559.67M | $249.40M | $235.87M | $464.29M | $136.78M | $96.04M | $109.01M | $198.71M | $-511.23M | $-3.23M |
| Low Forecast | $863.85M | $574.40M | $528.03M | $636.11M | $752.42M | $522.56M | $492.24M | $574.18M | $699.92M | $481.89M | $454.00M | $552.89M | $649.34M | $201.18M | $426.07M | $476.96M | $627.32M | $182.89M | $397.41M | $340.48M | $559.67M | $166.27M | $157.25M | $309.53M | $91.19M | $64.03M | $72.67M | $132.47M | $-766.84M | $-4.84M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.97% | 1.11% | 1.88% | 0.34% | 1.09% | 0.91% | 1.46% | - | 0.98% | 1.33% | 1.11% | 0.74% | 1.31% | 0.97% | 0.82% |
Sysco's average Quarter net income forecast for Mar 24 is $251.48M, with a range of $201.18M to $301.77M. SYY's average Quarter net income forecast represents a -39.44% decrease compared to the company's last Quarter net income of $415.24M (Dec 23).
Sysco SG&A Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 8 | 8 | 7 | 7 | 7 | 7 | 8 | 10 | 8 | 3 | 7 | 12 | 8 | 8 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 13 | 13 | 7 | 7 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $3.52B | $3.09B | $3.09B | $3.15B | $3.16B | $2.97B | $2.98B | $3.02B | $3.03B | $2.86B | $2.85B | $2.90B | $2.91B | $2.80B | $2.74B | $2.79B | $2.83B | $2.63B | $2.63B | $2.65B | $2.58B | $2.25B | $2.24B | $2.23B | $2.06B | $1.73B | $1.72B | $1.65B | $1.35B | $1.96B |
| High Forecast | $3.58B | $3.13B | $3.14B | $3.20B | $3.21B | $3.02B | $3.02B | $3.07B | $3.08B | $2.90B | $2.90B | $2.92B | $2.95B | $2.84B | $2.75B | $2.84B | $2.87B | $2.67B | $2.67B | $2.69B | $2.58B | $2.28B | $2.26B | $2.26B | $2.09B | $1.75B | $1.74B | $1.67B | $1.36B | $1.99B |
| Low Forecast | $3.38B | $2.97B | $2.97B | $3.03B | $3.03B | $2.85B | $2.86B | $2.90B | $2.91B | $2.74B | $2.74B | $2.90B | $2.79B | $2.68B | $2.72B | $2.74B | $2.71B | $2.53B | $2.53B | $2.54B | $2.58B | $2.23B | $2.21B | $2.21B | $2.04B | $1.71B | $1.70B | $1.63B | $1.33B | $1.94B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Sysco's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to SYY last annual SG&A of $NaN (undefined).
Sysco EPS Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 8 | 8 | 8 | 8 | 8 | 8 | 7 | 7 | 7 | 7 | 8 | 10 | 8 | 3 | 7 | 12 | 8 | 8 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 13 | 13 | 7 | 7 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.82 | $1.00 | $1.45 | $0.85 | $0.28 | $0.92 | $1.00 | $0.60 | - | $0.74 | $0.29 | $0.17 | $0.13 | $0.43 | $-1.22 | $-0.01 |
| Avg Forecast | $1.83 | $1.22 | $1.12 | $1.35 | $1.59 | $1.11 | $1.04 | $1.22 | $1.48 | $1.02 | $0.96 | $1.13 | $1.38 | $0.95 | $0.88 | $1.04 | $1.33 | $0.92 | $0.84 | $1.00 | $1.12 | $0.55 | $0.70 | $0.87 | $0.61 | $0.20 | $0.34 | $0.25 | $-0.30 | $0.58 |
| High Forecast | $1.87 | $1.24 | $1.14 | $1.37 | $1.63 | $1.13 | $1.06 | $1.24 | $1.51 | $1.04 | $0.98 | $1.16 | $1.40 | $0.97 | $0.89 | $1.09 | $1.36 | $0.94 | $0.86 | $1.01 | $1.12 | $0.56 | $0.71 | $0.88 | $0.62 | $0.20 | $0.34 | $0.25 | $-0.29 | $0.59 |
| Low Forecast | $1.74 | $1.15 | $1.06 | $1.28 | $1.51 | $1.05 | $0.99 | $1.15 | $1.41 | $0.97 | $0.91 | $1.11 | $1.31 | $0.90 | $0.86 | $0.96 | $1.26 | $0.87 | $0.80 | $0.94 | $1.12 | $0.55 | $0.69 | $0.85 | $0.60 | $0.19 | $0.33 | $0.24 | $-0.30 | $0.58 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 0.96% | 1.09% | 0.93% | 0.33% | 0.92% | 0.90% | 1.08% | - | 0.85% | 0.47% | 0.87% | 0.38% | 1.75% | 4.08% | -0.02% |
According to 3 Wall Street analysts, Sysco's projected average Quarter EPS for Mar 24 is $0.95, with a low estimate of $0.90 and a high estimate of $0.97. This represents a 15.88% increase compared to SYY previous annual EPS of $0.82 (Dec 23).
Sysco Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| UNFI | United Natural Foods | $15.42 | $39.75 | 157.78% | Hold |
| AVO | Mission Produce | $13.18 | $19.00 | 44.16% | Buy |
| SPTN | SpartanNash Company | $22.03 | $27.50 | 24.83% | Hold |
| CHEF | Chefs' Warehouse | $40.71 | $48.75 | 19.75% | Buy |
| SYY | Sysco | $76.52 | $88.25 | 15.33% | Buy |
| CVGW | Calavo Growers | $29.02 | $31.00 | 6.82% | - |
| PFGC | Performance Food Group Company | $73.51 | $74.44 | 1.27% | Buy |
| USFD | US Foods | $59.78 | $55.55 | -7.08% | Buy |
SYY Forecast FAQ
Is Sysco a good buy?
Yes, according to 13 Wall Street analysts, Sysco (SYY) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 76.92% of SYY's total ratings.
What is SYY's price target?
Sysco (SYY) average price target is $88.25 with a range of $82 to $102, implying a 15.33% from its last price of $76.52. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Sysco stock go up soon?
According to Wall Street analysts' prediction for SYY stock, the company can go up by 15.33% (from the last price of $76.52 to the average price target of $88.25), up by 33.30% based on the highest stock price target, and up by 7.16% based on the lowest stock price target.
Can Sysco stock reach $110?
SYY's average twelve months analyst stock price target of $88.25 does not support the claim that Sysco can reach $110 in the near future.
What are Sysco's analysts' financial forecasts?
Sysco's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $85.67B (high $86.96B, low $82.28B), average EBITDA is $3.91B (high $3.97B, low $3.76B), average net income is $2.47B (high $2.52B, low $2.34B), average SG&A $12.13B (high $12.32B, low $11.65B), and average EPS is $4.96 (high $5.06, low $4.71). SYY's analysts financial forecasts for the fiscal year (Jun 2027) are as follows: average revenue is $90.76B (high $92.13B, low $87.18B), average EBITDA is $4.15B (high $4.21B, low $3.98B), average net income is $2.74B (high $2.8B, low $2.6B), average SG&A $12.86B (high $13.05B, low $12.35B), and average EPS is $5.51 (high $5.62, low $5.23).
Did the SYY's actual financial results beat the analysts' financial forecasts?
Based on Sysco's last annual report (Jun 2023), the company's revenue was $76.32B, beating the average analysts forecast of $75.8B by 0.69%. Apple's EBITDA was $3.7B, beating the average prediction of $3.59B by 2.98%. The company's net income was $1.77B, beating the average estimation of $1.73B by 2.06%. Apple's SG&A was $0, missing the average forecast of $10.74B by -100.00%. Lastly, the company's EPS was $3.49, missing the average prediction of $4.09 by -14.57%. In terms of the last quarterly report (Dec 2023), Sysco's revenue was $35.06B, beating the average analysts' forecast of $19.32B by 81.50%. The company's EBITDA was $700.04M, missing the average prediction of $882.29M by -20.66%. Sysco's net income was $415.24M, missing the average estimation of $435.98M by -4.76%. The company's SG&A was $0, missing the average forecast of $2.74B by -100.00%. Lastly, the company's EPS was $0.82, missing the average prediction of $0.876 by -6.44%