Kroger (KR, $28.92) Goes Driverless for Grocery Delivery in Scottsdale
Kroger said on Tuesday that it is using autonomous vehicles to deliver groceries in Scottsdale, Arizona.
The supermarket chain will employ unmanned vehicles in collaboration with startup Nuro. A pilot for the service began in August in Scottsdale, and involved Nuro’s R1 – an unmanned vehicle that does not have a driver and is used only to transport goods. Kroger mentioned that the service would be available in Scottsdale at its unit Fry's Food Stores for $5.95 with no minimum order requirement for same-day or next-day deliveries.
Kroger’s move comes at a time when several U.S. grocery players upping the ante on delivery services. For instance, Walmart, Ford Motor and delivery service Postmates announced earlier this year that they partnering to deliver goods to Walmart customers’ doorsteps, and could even start using self-driving vehicles for the same in future.
KR sees its Stochastic Oscillator ascending out of oversold territory
On June 08, 2026, the Stochastic Oscillator for KR moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 60 instances where the indicator left the oversold zone. In of the 60 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where KR's RSI Indicator exited the oversold zone, of 24 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for KR just turned positive on June 10, 2026. Looking at past instances where KR's MACD turned positive, the stock continued to rise in of 55 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where KR advanced for three days, in of 306 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on May 28, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on KR as a result. In of 97 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
KR moved below its 50-day moving average on May 20, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where KR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
KR broke above its upper Bollinger Band on May 19, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for KR entered a downward trend on May 15, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (6.707) is normal, around the industry mean (4.653). P/E Ratio (41.857) is within average values for comparable stocks, (54.096). KR's Projected Growth (PEG Ratio) (0.623) is slightly lower than the industry average of (1.054). Dividend Yield (0.022) settles around the average of (0.020) among similar stocks. P/S Ratio (0.286) is also within normal values, averaging (17.786).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 72, placing this stock better than average.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. KR’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
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General Information
an operator of supermarkets and convenience stores
Industry FoodRetail
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