Top Wall Street Forecasters Revamp Simply Good Foods Expectations Ahead Of Q3 Earnings

Benzinga06-30

The Simply Good Foods Company (NASDAQ:SMPL) will release earnings for its third quarter before the opening bell on Thursday, July 9.

Analysts expect the Denver, Colorado-based company to report quarterly earnings of 36 cents per share, down from 51 cents per share in the year-ago period. The consensus estimate for Simply Good Foods’ quarterly revenue is $332.52 million. It reported $380.96 million last year, according to Benzinga Pro.

On April 9, Simply Good Foods reported mixed second-quarter financial results and cut its FY26 guidance below estimates.

Shares of Simply Good Foods rose 0.6% to close at $13.14 on Monday.

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.

  • Bernstein analyst Alexia Howard downgraded the stock from Outperform to Market Perform and cut the price target from $17 to $12 on June 3, 2026. This analyst has an accuracy rate of 50%.
  • UBS analyst Peter Grom maintained a Neutral rating and cut the price target from $13 to $12 on June 2, 2026. This analyst has an accuracy rate of 60%.
  • BTIG analyst Rob Dickerson initiated coverage on the stock with a Neutral rating on April 14, 2026. This analyst has an accuracy rate of 63%.
  • Deutsche Bank analyst Steve Powers maintained a Hold rating and cut the price target from $16 to $13 on April 10, 2026. This analyst has an accuracy rate of 66%.
  • Morgan Stanley analyst Megan Alexander maintained an Equal-Weight rating and slashed the price target from $24 to $14 on April 10, 2026. This analyst has an accuracy rate of 56%

Considering buying SMPL stock? Here’s what analysts think:

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