Evercore ISI Remains Bullish on The Kroger Co. (KR)

The Kroger Co. (NYSE:KR) is one of the most undervalued retail stocks to invest in. On October 2, Evercore ISI analyst Michael Montani maintained a Buy rating on The Kroger Co. (NYSE:KR) and set a price target of $82.00.

The Kroger (KR) Surges 9.8% on Optimistic Sales Growth Outlook

The Kroger Co. (NYSE:KR) reported in its fiscal Q2 2025 results that identical sales without fuel rose 3.4%, eCommerce sales rose 16%, and operating profit for the quarter reached $863 million.

The company also reported an adjusted FIFO operating profit of $1.091 billion and adjusted EPS of $1.04.

The Kroger Co. (NYSE:KR) is a food and drug retailer that operates supermarkets, fulfillment centers, and multi-department stores. Its brand portfolio includes Smart Way, Big K, Heritage Farm, Simple Truth Organic, and Simple Truth.

While we acknowledge the potential of KR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than KR and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.