Kroger (NYSE: KR) Navigates Mixed Q2 Earnings and Analyst Price Target Adjustment

Font: Financial Modeling Prep  • Sep 14, 2026

• An analyst at Telsey Advisory set a new price target of $75.00 for Kroger, suggesting a potential 23.50% upside from its trading price of $60.73.
• Kroger reported mixed Q2 results, with adjusted EPS of $1.09 surpassing estimates, but total revenues of $34.62 billion falling slightly short.
• Despite softer sales, Kroger maintained its full-year adjusted EPS guidance of $5.10 to $5.30, supported by strong digital segment growth (e-commerce 20%, retail media 24%) and cost savings.

Kroger (NYSE: KR) is a major American retailer that operates thousands of supermarkets and multi-department stores. The company is a key player in the competitive grocery industry, facing rivals like other large national chains. It offers a wide range of products, from groceries and household items to pharmacy services.

On September 14, 2026, an analyst at Telsey Advisory lowered the price target for Kroger to $75.00. When this was announced, the stock was trading at $60.73 per share. This new price target indicates a potential upside of approximately 23.50% from the stock's price at that time.

This analyst view comes after Kroger reported its second-quarter results. The company announced adjusted earnings per share (EPS) of $1.09, beating the Zacks Consensus Estimate of $1.05. EPS is a measure of a company's profit that is assigned to each outstanding share of its stock.

However, the company's performance was mixed. Total revenues for the quarter were $34.62 billion, just under the $34.69 billion estimate. Identical sales, which track sales at stores open for at least one year, also saw slower growth, rising only slightly compared to a 3.40% gain in the same quarter of 2025.

Despite softer sales, Kroger maintained its full-year adjusted EPS guidance of $5.10 to $5.30. As highlighted by Zacks Investment Research, management expects cost savings and strong performance in its digital segments to support profits. The company reported robust e-commerce growth of 20% and retail media growth of 24%.