JPMorgan Chase & Co. Issues Positive Forecast for Sysco (NYSE:SYY) Stock Price

Sysco (NYSE:SYY) had its target price raised by analysts at JPMorgan Chase & Co. from $85.00 to $87.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 3.68% from the stock’s current price.

Several other equities analysts also recently commented on SYY. Citigroup reiterated a “neutral” rating on shares of Sysco in a report on Wednesday. Barclays upped their target price on Sysco from $88.00 to $92.00 and gave the company an “overweight” rating in a research note on Wednesday. Wall Street Zen lowered Sysco from a “buy” rating to a “hold” rating in a research note on Saturday, October 25th. Jefferies Financial Group boosted their price objective on Sysco from $90.00 to $95.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Sanford C. Bernstein began coverage on Sysco in a research note on Wednesday, October 22nd. They issued a “market perform” rating and a $83.00 target price on the stock. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $87.46.

Sysco Stock Performance

NYSE:SYY opened at $83.91 on Wednesday. The firm has a market capitalization of $40.18 billion, a PE ratio of 22.50, a PEG ratio of 2.49 and a beta of 0.61. The stock’s fifty day moving average is $75.14 and its 200 day moving average is $77.78. Sysco has a fifty-two week low of $67.12 and a fifty-two week high of $83.96. The company has a debt-to-equity ratio of 5.54, a quick ratio of 0.65 and a current ratio of 1.15.

Sysco (NYSE:SYY) last posted its quarterly earnings data on Tuesday, January 27th. The company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.98 by $0.01. Sysco had a net margin of 2.21% and a return on equity of 112.04%. The company had revenue of $20.76 billion during the quarter, compared to analyst estimates of $20.80 billion. During the same period in the previous year, the firm earned $0.93 earnings per share. Sysco’s quarterly revenue was up 3.0% compared to the same quarter last year. Sysco has set its FY 2026 guidance at 4.600-4.600 EPS. On average, sell-side analysts anticipate that Sysco will post 4.58 earnings per share for the current year.

Hedge Funds Weigh In On Sysco

A number of hedge funds and other institutional investors have recently modified their holdings of SYY. Vanguard Group Inc. raised its stake in Sysco by 2.0% in the second quarter. Vanguard Group Inc. now owns 62,691,177 shares of the company’s stock worth $4,748,230,000 after buying an additional 1,226,381 shares in the last quarter. State Street Corp raised its position in shares of Sysco by 0.9% in the 3rd quarter. State Street Corp now owns 26,669,576 shares of the company’s stock worth $2,195,973,000 after acquiring an additional 246,542 shares in the last quarter. Capital Research Global Investors lifted its stake in shares of Sysco by 0.3% during the 3rd quarter. Capital Research Global Investors now owns 18,360,707 shares of the company’s stock worth $1,511,821,000 after purchasing an additional 46,040 shares during the last quarter. Geode Capital Management LLC boosted its position in Sysco by 1.5% during the second quarter. Geode Capital Management LLC now owns 12,551,872 shares of the company’s stock valued at $946,694,000 after purchasing an additional 183,179 shares in the last quarter. Finally, Norges Bank purchased a new position in Sysco in the second quarter valued at about $493,686,000. 83.41% of the stock is currently owned by institutional investors.

Key Headlines Impacting Sysco

Here are the key news stories impacting Sysco this week:

• Positive Sentiment: Company raised FY2026 EPS guidance to $4.60 and said it is positioned to hit the high end of its prior range — management flagged accelerating growth in H2, which drove investor optimism. Sysco Reports Second Quarter Fiscal Year 2026 Results
• Positive Sentiment: Adjusted EPS and margins beat expectations (adjusted EPS ~$0.99), signaling margin recovery despite higher food costs — a key reason analysts and investors pushed the stock higher. SYY Q2 Earnings Top Estimates on Margin Strength & Local Volume Growth
• Positive Sentiment: Management lifted the annual profit forecast citing a robust U.S. business and improving local volumes — the market rewarded the clearer path to higher full‑year earnings. Food distributor Sysco lifts annual profit forecast on robust U.S. business
• Positive Sentiment: Share momentum pushed SYY to a new 52‑week high after the results and outlook update, reflecting strong intraday buying. Sysco (NYSE:SYY) Reaches New 52-Week High on Strong Earnings
• Neutral Sentiment: Top‑line growth was modest (sales +3% YoY) and U.S. local volumes improved only slightly — the quarter was mixed between underlying demand gains and lingering traffic headwinds. Sysco (NYSE:SYY) Reports Q4 CY2025 In Line With Expectations
• Neutral Sentiment: Balance‑sheet and liquidity metrics remain areas to watch (e.g., leverage and current ratios cited by investors); these aren’t central to the rally but could influence longer‑term sentiment.
• Negative Sentiment: GAAP net income and operating income declined YoY and some outlets flagged an EPS miss on a GAAP basis in certain feeds — these weaker headline numbers could temper upside if macro or traffic trends deteriorate. Sysco Corporation (SYY) Releases Q2 2026 Earnings: Revenue Up 3% but EPS Misses Estimates

About Sysco

Sysco Corporation (NYSE: SYY) is a global foodservice distribution company that supplies a broad range of food and related products to restaurants, healthcare and educational facilities, lodging establishments, and other foodservice customers. Its core business is the procurement, warehousing and delivery of fresh, frozen and dry food products, complemented by non-food items such as paper goods, kitchen equipment, cleaning supplies and tabletop products. Sysco serves customers through an extensive network of distribution centers and dedicated delivery fleets, positioning itself as a one-stop supplier for operators of all sizes.

Founded in 1969 and headquartered in Houston, Texas, Sysco has grown through both organic expansion and acquisitions.