Analysts’ Weekly Ratings Updates for Grocery Outlet (GO)

Several analysts have recently updated their ratings and price targets for Grocery Outlet (NASDAQ: GO):

• 3/5/2026 – Grocery Outlet was given a new $8.00 price target by DA Davidson.
• 3/5/2026 – Grocery Outlet had its “hold” rating reaffirmed by TD Cowen.
• 3/5/2026 – Grocery Outlet was downgraded by Craig Hallum from “strong-buy” to “hold”.
• 3/5/2026 – Grocery Outlet had its price target lowered by DA Davidson from $11.00 to $7.00. They now have a “neutral” rating on the stock.
• 3/5/2026 – Grocery Outlet had its price target lowered by Wells Fargo & Company from $10.50 to $7.00. They now have an “equal weight” rating on the stock.
• 3/5/2026 – Grocery Outlet had its “hold” rating reaffirmed by Jefferies Financial Group Inc.. They now have a $7.00 price target on the stock, down from $18.00.
• 3/5/2026 – Grocery Outlet had its price target lowered by Morgan Stanley from $11.00 to $7.00. They now have an “equal weight” rating on the stock.
• 3/5/2026 – Grocery Outlet was downgraded by Telsey Advisory Group from “outperform” to “market perform”. They now have a $9.00 price target on the stock, down from $15.00.
• 2/25/2026 – Grocery Outlet was downgraded by Wells Fargo & Company from “overweight” to “equal weight”. They now have a $10.50 price target on the stock, down from $16.00.
• 2/19/2026 – Grocery Outlet had its price target lowered by The Goldman Sachs Group, Inc. from $12.00 to $9.00. They now have a “sell” rating on the stock.
• 2/17/2026 – Grocery Outlet had its price target lowered by Telsey Advisory Group from $17.00 to $15.00. They now have an “outperform” rating on the stock.

Insiders Place Their Bets

In other news, EVP Steven K. Wilson sold 4,721 shares of Grocery Outlet stock in a transaction on Monday, March 16th. The stock was sold at an average price of $6.06, for a total transaction of $28,609.26. Following the completion of the sale, the executive vice president owned 120,171 shares of the company’s stock, valued at approximately $728,236.26. This trade represents a 3.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Erik D. Ragatz bought 50,000 shares of Grocery Outlet stock in a transaction dated Thursday, March 19th. The stock was acquired at an average cost of $5.75 per share, with a total value of $287,500.00. Following the transaction, the director owned 526,500 shares of the company’s stock, valued at $3,027,375. This trade represents a 10.49% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders purchased 787,097 shares of company stock worth $4,679,132 and sold 89,493 shares worth $524,431. Company insiders own 4.50% of the company’s stock.

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.