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The Kroger Co. (NYSE:KR) is one of the

11 Best Consumer Staples Stocks to Invest In.

On April 27, 2026, Erste Group downgraded The Kroger Co. (NYSE:KR) to Hold from Buy, saying the stock’s valuation remains low and is likely to stay that way in the medium term, limiting upside potential. The downgrade came less than a month after Erste initiated coverage of Kroger with a Buy rating on April 2.

On April 23, 2026, Beyond Meat announced the nationwide rollout of a new Beyond Chicken Pieces product at more than 2,000 Kroger stores.

Erste Group Downgrades Kroger (KR) to Hold
Erste Group Downgrades Kroger (KR) to Hold

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Last month, The Kroger Co. and The Kroger Family of Pharmacies announced that Eli Lilly’s (NYSE:LLY) newly launched Zepbound KwikPen, a multi-dose delivery option for its weight-loss medication, is now available at participating Kroger pharmacies as part of the company’s efforts to expand access to GLP-1 therapies.

The Kroger Co. (NYSE:KR) operates food and drug retail stores across the U.S., including combination food and drug stores, multi-department stores, marketplace stores, and price-impact warehouses.

While we acknowledge the potential of KR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.

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