Grocery Outlet Holding Corp. (NASDAQ:GO) will release earnings for its first quarter after the closing bell on Wednesday, May 13.
Analysts expect the Emeryville, California-based company to report quarterly earnings of 2 cents per share, down from 13 cents per share in the year-ago period. The consensus estimate for Grocery Outlet’s quarterly revenue is $1.15 billion (it reported $1.13 billion last year), according to Benzinga Pro.
On March 4, Grocery Outlet reported worse-than-expected fourth-quarter financial results and issued FY26 sales guidance below estimates.
View more earnings on GO
Grocery Outlet shares rose 1.4% to close at $7.96 on Tuesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
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DA Davidson analyst Michael Baker maintained a Neutral rating and cut the price target from $11 to $7 on March 5, 2026. This analyst has an accuracy rate of 74%.
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Wells Fargo analyst Edward Kelly maintained an Equal-Weight rating and slashed the price target from $10.5 to $7 on March 5, 2026. This analyst has an accuracy rate of 67%.
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Telsey Advisory Group analyst Joseph Feldman downgraded the stock from Outperform to Market Perform and cut the price target from $15 to $9 on March 5, 2026. This analyst has an accuracy rate of 64%.
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Morgan Stanley analyst Simeon Gutman maintained an Equal-Weight rating and cut the price target from $11 to $7 on March 5, 2026. This analyst has an accuracy rate of 67%.
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Jefferies analyst Corey Tarlowe downgraded the stock from Buy to Hold and slashed the price target from $18 to $7 on March 5, 2026. This analyst has an accuracy rate of 63%.
Considering buying GO stock? Here’s what analysts think:
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View more ratings on GO
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This article Grocery Outlet Likely To Report Lower Q1 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call originally appeared on Benzinga.com
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