Telsey keeps Hold on Albertsons Companies stock at USD 13 target

Published on 10/02/2026 at 20:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 24.94 billion in the first quarter of fiscal 2026. Albertsons Companies stock costs EUR 10.39 on October 2, 2026 after EUR 10.40.

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Telsey Advisory analyst Joe Feldman maintained a Hold rating on Albertsons Companies and set a USD 13.00 target on October 1, 2026, according to Markets Insider. Albertsons Companies stock stood at EUR 10.39 at Lang & Schwarz on October 2, 2026 at 8:32 p.m. CEST.

Leadership change meets analyst caution

Albertsons appointed Cody Perdue interim chief financial officer effective September 30, 2026, after Sharon McCollam announced plans to retire later this year, StockTitan reported. The same filing said three directors will join the board effective October 14, expanding it from 11 to 14 members.

The management transition adds a concrete governance issue to the analyst view. Feldman's USD 13.00 target is USD 1.30 above the USD 11.70 primary-exchange quote from October 2, a difference of 11.11 percent, while the euro reference price uses a separate Lang & Schwarz venue.

Revenue grew while profit contracted

In the first quarter of fiscal 2026, Albertsons reported revenue of USD 24.94 billion, up from USD 24.88 billion in the prior-year quarter, an increase of 0.24 percent, according to StockTitan. Net income fell to USD 84.7 million from USD 236.4 million, a decline of 64.17 percent.

Adjusted net income was USD 210.3 million, down from USD 318.9 million, while adjusted earnings per share fell to USD 0.42 from USD 0.55. The fiscal 2026 outlook calls for adjusted earnings per share of USD 1.75 to USD 1.85, below the earlier USD 2.22 to USD 2.32 range.

Results date sets the next test

Albertsons will release second-quarter fiscal 2026 results before the market opens on October 13, 2026, for the period ended September 12, 2026, according to the company's official release. The conference call is scheduled for 8:30 a.m. EDT that day, giving the revised outlook its next formal checkpoint.

Stock stays near its yearly low

At Lang & Schwarz, Albertsons Companies stock was trading at EUR 10.39 on October 2, 2026 at 8:32 p.m. CEST, down 0.10 percent versus the EUR 10.40 prior close on October 1, 2026. The primary-exchange 52-week range was USD 10.86 to USD 20.00 as of October 2, 2026, and market capitalization was USD 5.7 billion.