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SYY

Sysco Corporation

NYSE: SYY · CONSUMER DEFENSIVE · FOOD DISTRIBUTION

$73.97
+0.82% today

Updated 2026-04-29

Market cap
$35.43B
P/E ratio
20.55
P/S ratio
0.42x
EPS (TTM)
$3.60
Dividend yield
0.74%
52W range
$68 – $91
Volume
4.9M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Sysco Corporation (SYY) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$73.97
Consensus
$87,850.00
+118664.36%
2030 Target
$2,988.72
+3940.45%
DCF
$114.39
+23.04% MoS
13 analysts:
4 Buy4 Hold0 Sell

Management guidance

Sysco management has not provided specific revenue targets through 2030 in available guidance. However, the $29.1B Jetro Restaurant Depot acquisition (announced March 2026) is expected to be accretive to EPS in year one and achieve significant cost synergies within three years, with plans to open 125+ new Jetro locations. Management anticipates rapid deleveraging within 24 months post-acquisition.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$4,988.32
$119.4B Rev × 20x P/S
Base case (2030)
$2,988.72
$119.4B Rev × 12x P/S
Bear case (2030)
$1,992.48
$119.4B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2030 (E)
Revenue$76.3B$78.8B$81.4B$85.3B$94.8B$103.7B$119.4B
Revenue growth—3.3%3.2%4.8%11.0%9.4%6.7%
EPS—$4.31$2.14$4.64$5.35$6.15$7.45
P/S ratio———12.0x12.0x12.0x12.0x
Implied price———$2,134.80$2,376.74$2,597.34$2,988.72

Catalysts & risks

Growth catalysts
+ $29.1B Jetro Restaurant Depot acquisition integration and 125+ new store openings
+ Cost synergies realization from Jetro deal (expected within 3 years)
+ Omnichannel strategy expansion combining traditional distribution with high-margin cash-and-carry
+ Independent restaurant market growth and market share gains
+ Rapid deleveraging post-acquisition (target 24 months)
Key risks
- Execution risk on large $29.1B acquisition during technology leadership transition (CIO Tom Peck resigned April 2026)
- High leverage post-acquisition (4.5x net leverage) with $21B new debt
- Restaurant macro environment weakness and consumer spending pressure
- Integration complexity of maintaining separate Jetro brand while achieving synergies
- Market skepticism about omnichannel strategy diluting Sysco's traditional margins
- Shareholder dilution from 91.5M new shares issued for acquisition

Methodology

Sysco Corporation's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 13 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.