Greggs Stock Forecast

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Greggs Stock Forecast

Greggs (GRG) Stock Forecast For 2027

Greggs stock price shows steady growth, and there's also a juicy dividend income. Greggs is part of the FTSE 250 and is a bakery chain. It has secured a place in the hearts of consumers and is also an investor's favorite.

In full-year 2024, the sales of Greggs reached 2 billion. This was an increase of 11.3% when compared with 2023. The pre-tax profit also jumped by 13.2%. Also, the company opened 145 new outlets.

Greggs Stock Is Trading At Fair Value

However, the fun ride in Greggs came to a stop in Q3 2025. The like-for-like sales declined to around 1.5%. This was a lot lower than the number seen in 1H2025.

So, what went wrong with Greggs? The biggest issue was the cost-of-living crisis in the UK. Many consumers had to cut back on a steak bake or a sausage roll as it was deemed unnecessary.

During the cost-of-living crisis, it is normal for consumers to cut down on unnecessary expenses. This affected the sales of Greggs and ultimately hurt the company's bottom line.

As a result, the share price of Greggs went down by 38% in 2025. So, does this mean Greggs stock is now cheap, and you should get an entry?

A quick look at Greggs stock shows it is trading at a P/E ratio of 15. Its trailing yield is around 3.75%. These two numbers tell us that Greggs stock is now fairly valued in terms of its earnings.

However, the average stock price target for Greggs is 1809p. This average was derived from the targets of 13 top analysts.

In simple words, Greggs stock will be trading at the same level or marginally lower than its current trading price. This clearly tells us that analysts are not exactly bullish on Greggs.

But Greggs stock is still a good option for those who are seeking dividend income. Also, a decline in inflation could help improve Greggs ' earnings and revenue.

Once the cost-of-living crisis in the UK comes to an end or slows down, it could provide a big boost for Greggs stock. But for now, analysts don't expect any extraordinary performance from Greggs in 2027.

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