Is Greggs’ share price about to shock us all in 2026?

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2025 proved nothing short of a catastrophe for Greggs‘ (LSE:GRG) share price. It crashed 40% as — under pressure from weakening consumer spending in the UK — its growth credentials crumbled like a Cornish pasty.

Do City brokers think the FTSE 250 stock will keep falling, or do they predict a stunning recovery?

£19.98 price target

On balance, it’s pretty good news for holders of Greggs’ shares like me. Currently, 12 analysts have ratings on the baker, providing a healthy range of opinions. Their 12-month price forecast is £19.98 per share, up roughly 19% from today’s levels.

Forecasts for the Greggs share price
Source: TradingView

It’s important to remember though, that broker forecasts can often miss…

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