Grocery Outlet stock gets BofA upgrade despite a 1.27 percent drop
Bank of America upgraded Grocery Outlet (GO) from Neutral to Buy, raising its price target from USD 12.50 to USD 15.00, citing improved access to attractively priced merchandise and new price parity for delivery platforms. This upgrade contrasts with a broader analyst consensus of "Reduce" and an average target of USD 10.50. Despite a recent 1.27% drop, the company reported strong Q2 2026 revenues of USD 1.19 billion and an adjusted EPS beat, though its stock remains below its 52-week high.
BofA upgrades Grocery Outlet stock rating on merchandise outlook
BofA Securities has upgraded Grocery Outlet Holding (NASDAQ:GO) to Buy from Neutral, increasing its price target to $15.00 based on a more favorable risk-reward outlook. This upgrade is attributed to a return of attractively priced merchandise and the launch of e-commerce pricing parity on delivery platforms, alongside an expected recovery from SAP systems disruptions that impacted earnings. The firm projects a rebound in the company's earnings, which it believes the market currently undervalues.
Grocery Outlet (NASDAQ:GO) Shares Gap Up Following Analyst Upgrade
Grocery Outlet (NASDAQ:GO) shares gapped up after Bank of America upgraded the stock from "neutral" to "buy" and increased its price target to $15.00. Despite this upgrade, the broader analyst consensus remains "Reduce" with an average price target of $10.50. Recent insider buying by Director Carey F. Jaros and Paul Miller, along with exceeding quarterly EPS and revenue estimates, were also noted.
Bank of America Upgrades Grocery Outlet (NASDAQ:GO) to "Buy"
Bank of America has upgraded Grocery Outlet (NASDAQ:GO) from "Neutral" to "Buy" and increased its price target to $15, indicating a potential 37% upside. Despite this upgrade, the broader analyst consensus for Grocery Outlet remains a "Reduce" with an average target price of $10.50, based on various analyst ratings. The company recently surpassed quarterly earnings expectations, and insiders have been increasing their stock holdings.
Grocery Outlet rallies after BofA turns bullish (GO:NASDAQ)
Grocery Outlet Holding Corp. (GO) saw its stock rally after Bank of America upgraded it to a Buy rating from Neutral. The upgrade is based on a more favorable risk/reward outlook for the off-price grocery retailer, anticipating a return to attractively priced opportunistic investments.
Update: BofA Securities Upgrades Grocery Outlet to Buy From Neutral, Expects Earnings Rebound; Raises Price Target to $15 From $12.50
BofA Securities has upgraded Grocery Outlet (GO) from a "Neutral" rating to a "Buy" rating, anticipating an earnings rebound for the company. Alongside the upgrade, the firm also increased its price target for Grocery Outlet shares to $15 from the previous $12.50. This positive revision suggests a favorable outlook for the discount grocery retailer's future performance.
Bank of America Corp DE Purchases 615,040 Shares of Grocery Outlet Holding Corp. $GO
Bank of America Corp DE recently acquired 615,040 shares of Grocery Outlet Holding Corp. (NASDAQ:GO) in the second quarter, valued at approximately $6.14 million, representing 0.62% of the company. Institutional investors now own 99.87% of the stock. Despite this, analysts maintain a cautious outlook with a "Reduce" consensus rating and an average price target of $10.59, even though Grocery Outlet exceeded quarterly earnings and revenue expectations.
Grocery Outlet Holding Corp. (NASDAQ:GO) Receives Consensus Rating of "Reduce" from Brokerages
Grocery Outlet Holding Corp. (NASDAQ:GO) has received a consensus "Reduce" rating from 14 brokerages, with an average 12-month price target of $10.59, which is below its current share price of $11.30. Despite this cautious outlook, the company exceeded quarterly expectations with adjusted earnings of $0.20 per share and revenue of $1.19 billion. Insider and institutional investors have shown buying activity, with BlackRock initiating a significant position and insiders increasing their holdings.
Grocery Outlet Holding stock holds near USD 11.23
Grocery Outlet Holding stock (GO, ISIN US39874R1014) was listed at USD 11.23 on September 22, 2026, experiencing a daily decline of 0.35 percent according to Investing.com data. This quote emerged as part of the T. Rowe Price Small-Cap ETF holdings, where GO represented a 1.27 percent portfolio weight with 11,073 shares. Investors should note this figure as a dated market reference, distinct from the ETF's own previous close.
Grocery Outlet stock holds steady as investors digest latest quarterly figures
Grocery Outlet Holding Corp's stock remained steady on Nasdaq as investors evaluated its latest quarterly report for fiscal 2026, which showed solid sales growth. While net sales increased due to store expansion and comparable store performance, profitability growth was more moderate, impacted by investments in merchandising and technology. Analysts are closely watching management's guidance for the remainder of fiscal 2026, focusing on the balance between growth and sustained margin expansion in a competitive market.
Grocery Outlet Holding Corp. - Common Stock (NQ: GO)
This page provides a collection of recent news headlines, press releases, and analyst reports concerning Grocery Outlet Holding Corp. (NQ: GO). The articles cover topics such as quarterly earnings calls, analyst ratings, stock performance, and investment outlooks for the company. The latest financial data shows Grocery Outlet Holding Corp. trading at $11.49.
Grocery Outlet (GO) Raises Guidance While Nursing A Widening Loss
Grocery Outlet (GO) reported mixed second-quarter fiscal 2026 results, with net sales up 1.1% and raised full-year guidance, but also a widening net loss of $174.7 million due to a significant goodwill charge. Management expresses confidence in finishing its store-closure plan ahead of schedule, while analysts note declining average transaction size and adjusted profits, leading to investor skepticism and high short interest. The company's future hinges on whether comparable sales can turn positive without relying on promotions.
Grocery Outlet Holding Corp. C Stock Short Interest Falls to 36.45%
Grocery Outlet Holding Corp. C's short interest dropped to 36.45% of its float as of August 31st, totaling 23,365,113 shares, a 4.56% decrease from August 14th. This change implies it would take short sellers 9.1 days to cover their positions at current trading volumes. The article also details recent hedge fund activity with significant increases and decreases in holdings, insider trading patterns showing more purchases than sales, and recent analyst price targets.
Why Is Grocery Outlet (GO) Up 2.6% Since Last Earnings Report?
Grocery Outlet (GO) shares have increased 2.6% since its last earnings report, outperforming the S&P 500. The company reported better-than-expected Q2 2026 results, with both sales and adjusted earnings per share surpassing estimates, although adjusted EPS declined year-over-year. Management subsequently raised its fiscal 2026 outlook, including net sales, comparable-store sales, adjusted EBITDA, and adjusted EPS guidance, reflecting improved operating trends.
Grocery Outlet Director Jaros Buys 15,000 Shares at $11.70
Grocery Outlet Holding Director Carey F. Jaros purchased 15,000 shares of company stock on August 27, 2026, for $11.70 per share, totaling $176,000. This transaction increases Jaros's total beneficial interest to 109,934 shares, representing approximately 0.11% of the company's equity. The purchase, particularly after a recent stock rebound, signals a potentially bullish outlook for investors, indicating the executive's confidence in the company's future success.
Legal & General Group Plc Acquires New Holdings in Grocery Outlet Holding Corp. $GO
Legal & General Group Plc has acquired a new position in Grocery Outlet Holding Corp. (NASDAQ:GO), purchasing 223,163 shares valued at approximately $2.23 million. Institutional investors collectively own 99.87% of the company, while analysts generally hold a "Reduce" rating with an average target price of $10.59. Despite beating quarterly earnings expectations with an EPS of $0.20 and revenues of $1.19 billion, Grocery Outlet continues to report a negative net margin.
Bank of New York Mellon Corp Makes New $5.50 Million Investment in Grocery Outlet Holding Corp. $GO
Bank of New York Mellon Corp has made a new $5.50 million investment in Grocery Outlet Holding Corp., acquiring 551,144 shares. This move increases institutional ownership to 99.87% of the stock, despite analysts maintaining a "Reduce" rating and a cautious price target. Grocery Outlet recently surpassed earnings expectations, reporting $0.20 EPS against a $0.13 consensus, with revenue growing 1.1% year-over-year.
Empowered Funds LLC Takes Position in Grocery Outlet Holding Corp. $GO
Empowered Funds LLC has acquired a new position in Grocery Outlet Holding Corp. (NASDAQ:GO), purchasing 390,196 shares valued at approximately $3.9 million, representing a 0.39% stake in the company. Despite institutional investors owning nearly 100% of the company and recent insider buying, analysts maintain a "Reduce" rating with a consensus price target of $10.59. Grocery Outlet recently exceeded quarterly earnings and revenue estimates, with shares opening at $12.11 and revenue increasing 1.1% year-over-year.
Grocery Outlet director Carey Jaros buys $175,500 in stock By Investing.com
Carey F. Jaros, a director at Grocery Outlet Holding Corp. (NASDAQ:GO), purchased 15,000 shares of the company's common stock for $175,500 on August 27, 2026. This transaction was made at $11.7 per share and involved indirect ownership through family trust accounts. This comes after the company reported strong second-quarter results, exceeding analyst expectations and raising its full-year guidance.
Grocery Outlet director Carey Jaros buys $175,500 in stock By Investing.com
Grocery Outlet director Carey F. Jaros recently acquired 15,000 shares of the company's common stock for $175,500, with the shares now held indirectly through family trust accounts. This transaction follows a transfer of 45,000 shares to similar trust accounts, representing a change in beneficial ownership. The stock has shown strong momentum, gaining 21% in six months, and the company recently exceeded Q2 earnings expectations, leading several firms to raise their price targets.
Grocery Outlet Holding Corp. (NASDAQ:GO) Receives Consensus Rating of "Reduce" from Analysts
Analysts have issued a consensus "Reduce" rating for Grocery Outlet Holding Corp. (NASDAQ:GO), with an average 12-month price target of $10.59, despite the company beating Q2 earnings and revenue expectations. While insiders have been buying shares, near-term earnings estimates have been reduced due to ongoing retail-sector caution and consumer price anxiety. The stock's performance reflects this mixed sentiment, with institutional investors holding a significant majority.
99,877 Shares in Grocery Outlet Holding Corp. $GO Purchased by Deutsche Bank AG
Deutsche Bank AG recently acquired 99,877 shares of Grocery Outlet Holding Corp. (NASDAQ:GO) valued at approximately $997,000, representing a 0.10% stake in the company. Despite beating Q2 earnings expectations, the stock holds a consensus "Reduce" rating from analysts due to modest revenue growth and a negative net margin. However, insider buying, with executives purchasing 23,000 shares, indicates some positive internal sentiment.
BlackRock Inc. Buys Shares of 15,274,566 Grocery Outlet Holding Corp. $GO
BlackRock Inc. has purchased 15,274,566 shares of Grocery Outlet Holding Corp. (NASDAQ:GO) for approximately $152.4 million, establishing a 15.44% stake in the company. Institutional investors now collectively own 99.87% of Grocery Outlet. The article highlights the company's recent earnings beat, but notes cautious analyst sentiment with a "Reduce" consensus rating, despite some price target increases.
Grocery Outlet Holding Corp. C Stock Short Interest Rises to 38.19% | GO Stock News
Short interest in Grocery Outlet Holding Corp. (GO) rose to 38.19% of the float as of August 14th, an increase of 3.59% from July 31st, requiring an estimated 7.64 days to cover. Institutional investors showed mixed activity, with some adding significant shares while others decreased positions. Insider trading over the past six months indicates more purchases than sales, and analysts have set a median price target of $8.5 for the stock.
Grocery outlet EVP Frank Kerr sells $16,181 in shares By Investing.com
Frank Michael Kerr, EVP and Chief Store Operations Officer at Grocery Outlet Holding Corp. (NASDAQ:GO), sold 1,432 shares of company stock for $11.3 per share, totaling $16,181. The sale was conducted to cover tax withholding obligations related to vested restricted stock units. Despite this, the company recently surpassed Q2 earnings expectations, leading several analysts to raise their price targets.
Solas Capital Management LLC Invests $11.37 Million in Grocery Outlet Holding Corp. $GO
Solas Capital Management LLC has invested $11.37 million in Grocery Outlet Holding Corp. (NASDAQ:GO), acquiring 1.14 million shares, which now constitutes 6.1% of its portfolio. Despite strong institutional ownership and recent positive earnings, analysts maintain a "Reduce" rating for Grocery Outlet with a target price of $10.59. This new investment highlights continued institutional interest in the discount grocery retailer.
Grocery outlet EVP Frank Kerr sells $16,181 in shares
Frank Michael Kerr, EVP and Chief Store Operations Officer at Grocery Outlet Holding Corp. (NASDAQ:GO), sold 1,432 shares valued at $16,181 to cover tax withholding obligations from vested restricted stock units. Following the sale, Kerr directly owns 54,342 shares. This transaction comes as Grocery Outlet reported strong second-quarter results, surpassing Wall Street expectations, and several analysts raised their price targets for the company.
Pertento Partners LLP Buys Grocery Outlet Holding Corp (GO) -- S
Pertento Partners LLP has acquired over 5.5 million shares of Grocery Outlet Holding Corp (GO) for $10.80 per share, representing a 3.1% portfolio allocation and a 5.60% ownership stake. Despite the stock trading 34% below its GF Value, the company faces significant financial challenges including unprofitability, high debt, and weak growth metrics, prompting a "Possible Value Trap" warning from GuruFocus. This contrarian bet by Pertento Partners signals confidence in the discount grocer, but investors are advised to exercise caution due to underlying operational difficulties.
Grocery Outlet (NASDAQ:GO) Insider Sells 1,432 Shares of Stock
Grocery Outlet insider Frank Michael Kerr sold 1,432 shares of GO stock for approximately $16,182 to cover tax obligations related to vested equity awards, reducing his total holdings by 2.57%. Despite beating analyst estimates for quarterly earnings and revenue, the company reported an 8.04% net loss margin, leading analysts to maintain a "Reduce" rating with an average price target of $10.59. Institutional investors hold nearly all outstanding shares, owning 99.87% of the company's stock.
Grocery Outlet (NASDAQ: GO) EVP sells 1,432 shares for tax withholding
Frank Michael Kerr, EVP, Chief Store Operations Officer at Grocery Outlet (NASDAQ: GO), sold 1,432 shares of common stock at $11.30 per share on August 21, 2026. This sale was conducted to fulfill tax withholding obligations tied to the vesting of previously granted Restricted Stock Units (RSUs). Following this transaction, Mr. Kerr directly holds 54,342 shares of Grocery Outlet common stock.
661,900 Shares in Grocery Outlet Holding Corp. $GO Bought by Heartland Advisors Inc.
Heartland Advisors Inc. acquired 661,900 shares of Grocery Outlet Holding Corp. (NASDAQ:GO) in the second quarter, valued at approximately $6.6 million. Despite insider buying and outperforming quarterly earnings estimates, analysts maintain a cautious "Reduce" rating with an average price target of $10.59. Institutional investors and hedge funds collectively own a significant 99.87% of GO stock.
A Grocery Outlet Insider Purchases 8,000 Shares Amid a 40% Stock Decline
Grocery Outlet Holding Corp. (NASDAQ:GO) Chief Purchasing and Merchandising Officer Paul Blaine Miller purchased 8,000 shares of the company's stock for $87,200 on August 20, 2026. This insider transaction signals a bullish outlook, especially given the stock has seen a 40% decline from its 52-week high, despite the company reporting a net loss in the trailing twelve months. The purchase increased Miller's direct holdings by 12%, suggesting he sees significant upside potential at the current price level.
Raised 2026 Sales Outlook Amid Mixed Earnings Could Be A Game Changer For Grocery Outlet Holding (GO)
Grocery Outlet Holding Corp. reported mixed second-quarter 2026 results, including increased sales but a net loss for the first six months, yet raised its full-year 2026 net sales guidance. This raised outlook, driven by operational improvements like better sourcing and traffic gains, suggests management confidence despite ongoing profitability challenges. Investors are now focused on whether these gains translate into sustainable earnings and address the structural issues hinted at by past impairments and persistent net losses.
Grocery Outlet | 8-K: Grocery Outlet Holding Corp. Announces Second Quarter Fiscal 2026 Financial Results
Grocery Outlet Holding Corp. (GO) announced its financial results for the second quarter of fiscal year 2026. This announcement, made via an 8-K filing, provides key financial performance indicators for the company during the reported period. The details of these results would typically include revenue, net income, and other relevant financial metrics.
Grocery Outlet EVP Miller buys $87,200 in GO common stock
Paul Blaine Miller, EVP at Grocery Outlet Holding Corp. (NASDAQ:GO), purchased 8,000 shares of company stock for $87,200 on August 20, 2026. This insider transaction follows strong stock performance and better-than-expected second-quarter results, which led several analyst firms to raise their price targets for GO.
Insider Buying: Grocery Outlet (NASDAQ:GO) Insider Buys $87,200.00 in Stock
Grocery Outlet (NASDAQ:GO) insider Paul Blaine Miller recently bought 8,000 shares of the company's stock for $87,200, increasing his total holdings to 72,171 shares. This follows earlier purchases in June. Despite recent positive quarterly earnings, analysts maintain a cautious outlook with a "Reduce" consensus rating and an average price target of $10.59.
Grocery Outlet (GO) EVP buys more stock, now holds 72,171 shares
Paul Blaine Miller, EVP and Chief Purchasing & Merchandising Officer at Grocery Outlet Holding Corp. (GO), purchased 8,000 shares of common stock at $10.90 per share. This transaction, which took place on August 20, 2026, increases his direct holdings to 72,171 shares. The filing indicates a positive sentiment regarding the insider trade.
Grocery Outlet Raises More Than $4M For Local Food Banks
Grocery Outlet successfully completed its 16th annual Independence from Hunger food drive, raising over $4 million for local food banks. The campaign, which ran from June 24 to July 31, involved in-store contributions, pre-assembled grocery bags, and a new online donation partnership with Feeding America. Since its inception in 2011, the initiative has raised more than $34 million to combat food insecurity across the country.
Grocery Outlet (NASDAQ: GO) officer may sell $16K share sale
An officer of Grocery Outlet Holding Corp. (GO), Frank Michael Kerr, plans to sell 1,432 shares of common stock, valued at approximately $16,174.87, under SEC Rule 144. These shares were acquired through restricted stock vesting on August 20, 2026, with the sale expected around August 21, 2026, to cover a tax obligation. The transaction will be handled by Fidelity Brokerage Services LLC on NASDAQ.
Raised 2026 Sales Outlook Amid Mixed Earnings Could Be A Game Changer For Grocery Outlet Holding (GO)
Grocery Outlet Holding (GO) reported mixed Q2 2026 earnings with higher sales but a net loss for the first six months, yet raised its full-year 2026 net sales guidance to $4.70-$4.72 billion. This optimistic sales outlook is driven by operational improvements like stronger opportunistic sourcing and traffic gains. The company's investment narrative focuses on whether its discount model can achieve durable profitability and overcome structural challenges indicated by past losses.
New 5.6% fund holder emerges in Grocery Outlet (NASDAQ: GO)
Pertento Partners LLP, Pertento Advisors LLC, and Eduardo Marques have reported a new passive stake of 5.6% in Grocery Outlet Holding Corp. (NASDAQ: GO) through a Schedule 13G filing. This group collectively owns 5,502,115 shares, representing shared voting and dispositive power over the stock. The shares are held by advisory clients, with no single client owning more than 5%.
Grocery Outlet posts Q2 revenue growth and beats EPS forecasts amid strategic restructuring.
Grocery Outlet Holding Corp. reported a 1.1% revenue increase to $1.19 billion in Q2 2026 and an adjusted EPS of $0.20, surpassing analyst expectations despite a 13% EPS decline. The company is undergoing strategic restructuring, including closing 36 underperforming stores, which has led to improved comparable store sales and an increased 2026 adjusted EPS outlook. Analyst firm TD Cowen raised its price target to $12, reflecting confidence in the company's financial health and market stabilization.
Grocery Outlet Raises More Than $4 Million for Local Food Banks Through Sixteenth Annual Independence from Hunger® Campaign
Grocery Outlet Holding Corp. announced it raised over $4 million for local food banks through its 16th annual Independence from Hunger® Food Drive. The campaign, which ran from June 24 to July 31, involved in-store donations, pre-assembled grocery bag purchases, and a new online donation partnership with Feeding America®. Since its inception in 2011, the Independence from Hunger campaign has raised more than $34 million to support hunger relief efforts nationwide.
Grocery Outlet Holding Corp. SEC Filing (Aug 17, 2026)
This article details an SEC Form 144 filing by Grocery Outlet Holding Corp. (GO) on August 17, 2026. The filing indicates a proposed sale of 6,209 shares of common stock, acquired through restricted stock vesting on March 6, 2026, with an aggregate market value of $70,751.56. The filer represents that they do not know any material adverse information about the issuer that has not been publicly disclosed.
UBS Adjusts Price Target on Grocery Outlet to $11.50 From $10, Keeps Neutral Rating
UBS has increased its price target for Grocery Outlet Holding Corp. (GO) to $11.50, up from the previous $10, while maintaining a Neutral rating on the stock. This adjustment reflects an updated outlook from the analyst firm for the grocery retailer. The article also notes recent adjustments by other firms like BofA Securities, Deutsche Bank, and Morgan Stanley following Grocery Outlet's Q2 2026 earnings report, where adjusted earnings fell but revenue rose, and the company provided an updated full-year revenue and EPS guidance.
Grocery Outlet Q2 Sales Rise As Turnaround Efforts Gain Traction
Grocery Outlet Holding Corp. reported a 1.1 percent increase in net sales to $1.19 billion for Q2 2026, driven by new store openings despite a slight decline in comparable store sales. The company's turnaround efforts, focusing on extreme value and the "treasure hunt" shopping experience, are gaining traction, leading to an improved outlook for the full year. Grocery Outlet also raised its full-year guidance for net sales, adjusted EBITDA, and diluted adjusted EPS, while acknowledging a temporary headwind from the Cyclospora outbreak impacting Q3 produce sales.
Grocery Outlet Raises More Than $4 Million for Local Food Banks Through Sixteenth Annual Independence from Hunger® Campaign
Grocery Outlet Holding Corp. announced it raised over $4 million through its 16th annual Independence from Hunger® Food Drive, held from June 24 to July 31. This initiative supports local food banks and hunger relief efforts, including a new partnership with Feeding America for national online donations. Since its inception in 2011, the campaign has raised more than $34 million to combat food insecurity across the country.
UBS raises Grocery Outlet stock price target on turnaround progress
UBS has increased its price target for Grocery Outlet Holding (NASDAQ:GO) to $11.50 from $10.00, maintaining a Neutral rating, following the company's notable progress in its second quarter. The deep discount grocer improved its opportunistic assortment, saw increased consumer response with a 1.8% traffic rise, and expects to return to profitability this year. Other firms like D.A. Davidson and Telsey also raised their price targets after Grocery Outlet exceeded Q2 expectations and increased its full-year guidance.
Grocery Outlet store closures: See a list of locations that have shuttered across 6 states in 2026
Grocery Outlet closed 40 underperforming stores in the first half of fiscal 2026 as part of a restructuring plan, while also opening 17 new locations. The closures, announced in March, affected stores across six states: California, Idaho, Maryland, New Jersey, Ohio, and Pennsylvania. This move aligns with a trend of discount grocery chains reducing their footprint, potentially exacerbating the issue of food deserts in affected communities.
GSA Capital Partners LLP Invests $2.01 Million in Grocery Outlet Holding Corp. $GO
GSA Capital Partners LLP recently invested $2.01 million in Grocery Outlet Holding Corp. (NASDAQ:GO), acquiring 201,159 shares, adding to the substantial 99.87% institutional ownership of the company. Grocery Outlet surpassed earnings estimates with an adjusted EPS of $0.20 and revenue of $1.19 billion, despite analyst sentiment leaning towards a "Reduce" rating with an average price target of $10.59. Insider transactions also occurred, with a director purchasing 10,000 shares in June.
