Here’s What the Street Thinks About The Kroger (KR) Ahead of Q1 2026 Earnings

​The Kroger Co. (NYSE:KR) is one of the Best Undervalued Stocks to Buy Under $100. The company is set to release its fiscal Q1 2026 results next month on June 2. The Street expects the company to post revenue of around $45.35 billion, up significantly from the previous quarter’s revenue of $34.73 billion. The GAAP EPS is also expected to be higher at $1.61 compared to the previous quarter’s EPS of $1.35.

​Separately, on April 27, Erste Group downgraded The Kroger Co. (NYSE:KR) from Buy to Hold without disclosing any price targets. Earlier, on March 9, BofA had reiterated a Buy rating on the stock with a price target of $85.

​Analysts at Erste Group noted that while the valuation of the company is significantly low, they expect it to remain low over the medium term. As a result, the firm finds limited upside for the stock, hence the downgrade. On the other hand, BofA likes the company better under the leadership of CEO Greg Foran. The firm pointed to the company’s digital and in-store execution and value offerings. BofA also highlighted that the company’s brands continue to outperform national brands and also noted that the firm sees private label products as a significant advantage.

​The Kroger Co. (NYSE:KR) operates food and drug retail stores across the U.S., including combination food and drug stores, multi-department stores, marketplace stores, and price-impact warehouses.

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