DA Davidson Lowers Grocery Outlet (NASDAQ:GO) Price Target to $7.00

Grocery Outlet (NASDAQ:GO) had its target price decreased by stock analysts at DA Davidson from $11.00 to $7.00 in a report issued on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the stock. DA Davidson’s price objective would suggest a potential upside of 6.54% from the stock’s previous close.

Several other equities analysts have also commented on GO. TD Cowen reissued a “hold” rating on shares of Grocery Outlet in a report on Thursday. Wells Fargo & Company cut their price target on shares of Grocery Outlet from $10.50 to $7.00 and set an “equal weight” rating for the company in a report on Thursday. Bank of America reduced their price target on shares of Grocery Outlet from $19.00 to $16.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 5th. Morgan Stanley lowered their price objective on shares of Grocery Outlet from $11.00 to $7.00 and set an “equal weight” rating for the company in a research report on Thursday. Finally, Telsey Advisory Group cut Grocery Outlet from an “outperform” rating to a “market perform” rating and cut their target price for the stock from $15.00 to $9.00 in a research note on Thursday. Eleven equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Grocery Outlet presently has an average rating of “Reduce” and a consensus target price of $10.68.

Grocery Outlet Stock Performance

GO opened at $6.57 on Thursday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.25 and a current ratio of 1.37. Grocery Outlet has a 52-week low of $6.20 and a 52-week high of $19.41. The firm has a market cap of $644.85 million, a P/E ratio of -2.87, a price-to-earnings-growth ratio of 1.29 and a beta of 0.50. The business’s fifty day moving average is $9.64 and its 200-day moving average is $12.62.

Grocery Outlet (NASDAQ:GO) last posted its quarterly earnings results on Wednesday, March 4th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). Grocery Outlet had a negative net margin of 4.80% and a positive return on equity of 5.93%. The company had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same period last year, the firm earned $0.15 EPS. The firm’s revenue for the quarter was up 10.7% compared to the same quarter last year. Grocery Outlet has set its FY 2026 guidance at 0.450-0.550 EPS. Sell-side analysts expect that Grocery Outlet will post 0.63 EPS for the current fiscal year.

Institutional Investors Weigh In On Grocery Outlet

Hedge funds and other institutional investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. increased its holdings in Grocery Outlet by 32.3% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,942 shares of the company’s stock worth $37,000 after purchasing an additional 719 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of Grocery Outlet by 1.0% during the second quarter. Thrivent Financial for Lutherans now owns 72,087 shares of the company’s stock valued at $895,000 after purchasing an additional 739 shares in the last quarter. Bank of Montreal Can grew its holdings in shares of Grocery Outlet by 5.1% during the second quarter. Bank of Montreal Can now owns 16,525 shares of the company’s stock worth $205,000 after purchasing an additional 803 shares during the last quarter. Amalgamated Bank grew its holdings in shares of Grocery Outlet by 3.5% during the third quarter. Amalgamated Bank now owns 28,875 shares of the company’s stock worth $463,000 after purchasing an additional 967 shares during the last quarter. Finally, Natixis Advisors LLC increased its stake in shares of Grocery Outlet by 5.5% in the third quarter. Natixis Advisors LLC now owns 30,320 shares of the company’s stock valued at $487,000 after buying an additional 1,591 shares during the period. Institutional investors own 99.87% of the company’s stock.

Trending Headlines about Grocery Outlet

Here are the key news stories impacting Grocery Outlet this week:

• Positive Sentiment: Grocery Outlet retained Gordon Brothers to market retail leasehold opportunities as part of its store-portfolio optimization, which could recover value from closed or underperforming locations. Gordon Brothers Retained by Grocery Outlet
• Neutral Sentiment: Management set FY2026 EPS guidance (about $0.45–$0.55), giving a baseline for expectations but signaling a recovery path that will depend on fixing value perception and comp trends. Q4 2025 earnings call transcript
• Negative Sentiment: Q4 results missed expectations: EPS of $0.19 vs. $0.21 estimate, revenue slightly below estimates, comps weakened. Management reported a large operating loss driven by $113.8M long?lived asset impairment, $149.0M goodwill impairment and $45.9M of restructuring charges — contributing to a FY2025 net loss (reported coverage highlights these write?downs). Investor Alert / Impairment Details
• Negative Sentiment: Company announced plans to close 36 stores after a $224.9M FY2025 net loss — a sign management is accelerating portfolio cuts but also acknowledging execution and merchandising issues that hurt traffic and margins. Grocery Outlet To Close 36 Stores
• Negative Sentiment: Multiple brokerages cut ratings and price targets (Jefferies, Morgan Stanley, Wells Fargo, DA Davidson, Telsey, Craig Hallum), citing the downbeat quarter, weaker comps and the need to restore value perception — analyst downgrades amplify selling pressure. Analysts Slash Forecasts After Q4
• Negative Sentiment: Shareholder?side investigations have been announced (multiple firms), alleging possible misstatements around financials and operations — legal risk and potential disclosures add uncertainty. Ademi LLP Investigation
• Negative Sentiment: Market commentary and analysis point to weakening customer perception of value, increased promotional activity and competitive pressure — all factors that suggest the recovery could be prolonged. Why Grocery Outlet Stock Crashed Today

About Grocery Outlet

Grocery Outlet Holding Corp. (NASDAQ: GO) is a specialty discount retailer that offers consumers deeply discounted groceries by purchasing excess inventory, closeouts, and overstocks from manufacturers and distributors. Headquartered in Emeryville, California, the company operates two primary banners—Grocery Outlet and Fresh2Go—with a combined footprint of more than 400 stores. Its product assortment spans fresh produce, meat, dairy, bakery items, household staples, natural and organic offerings, and select specialty products, all sold at significant markdowns compared to conventional supermarkets.

The company’s unique buying model enables it to source inventory through opportunistic purchases of surplus freight, discontinued items, and closeout deals, which it then passes on as savings to its customers.