Based on ratings from 20 stock analysts, the Freshpet Inc stock price is expected to increase by 6.93% in 12 months. This is calculated by using the average 12-month stock price forecast for Freshpet Inc. The lowest target is $104 and the highest is $189. Please note analyst price targets are not guaranteed and could be missed completely.
About 20 Wall Street analysts have assigned FRPT 15 buy ratings, 4 hold ratings, and 1 sell ratings. This means that analysts expect Freshpet Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on FRPT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of FRPT.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Rupesh Parikh Oppenheimer | Outperform | $180 | Maintains | Nov 14, 2024 |
Mark Astrachan Stifel | Buy | $165 | Maintains | Nov 6, 2024 |
Bill Chappell Truist Securities | Buy | $170 | Maintains | Nov 5, 2024 |
Brian Holland DA Davidson | Buy | $189 | Maintains | Nov 5, 2024 |
Marc Torrente Wells Fargo | Overweight | $175 | Maintains | Nov 5, 2024 |
Stephen Powers Deutsche Bank | Buy | $163 | Maintains | Nov 5, 2024 |
Ken Goldman JP Morgan | Neutral | $154 | Maintains | Nov 5, 2024 |
Peter Benedict Baird | Outperform | $170 | Maintains | Nov 5, 2024 |
Robert Moskow TD Cowen | Buy | $174 | Maintains | Nov 5, 2024 |
John Lawrence Benchmark | Buy | $185 | Maintains | Nov 5, 2024 |
John Lawrence Benchmark | Buy | $150 | Reiterates | Nov 1, 2024 |
Mark Astrachan Stifel | Buy | $155 | Maintains | Oct 18, 2024 |
Bill Chappell Truist Securities | Buy | $160 | Maintains | Oct 16, 2024 |
Robert Moskow TD Cowen | Buy | $160 | Maintains | Sep 4, 2024 |
Peter Benedict Baird | Outperform | $157 | Maintains | Sep 3, 2024 |
John Lawrence Benchmark | Buy | $150 | Reiterates | Aug 7, 2024 |
Peter Benedict Baird | Outperform | $140 | Maintains | Aug 6, 2024 |
Ken Goldman JP Morgan | Neutral | $126 | Maintains | Aug 6, 2024 |
Thomas Palmer Citigroup | Neutral | $129 | Maintains | Jul 17, 2024 |
Marc Torrente Wells Fargo | Overweight | $145 | Maintains | Jul 10, 2024 |
When did it IPO
2014
Staff Count
1,083
Country
United States
Sector/Industry
Consumer Defensive/Packaged Foods
CEO
Mr. William B. Cyr
Market Cap
$7.49B
In 2023, FRPT generated $766.9M in revenue, which was a increase of 28.82% from the previous year. This can be seen as a signal that FRPT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - The Zacks Food-Miscellaneous industry faces challenges from consumer trends and rising costs, but companies GIS, MKC, INGR, and FRPT are poised for growth through brand enhancement and cost-saving initiatives.
Why It Matters - Rising costs and a challenging consumer environment may impact profitability in the food sector, but brand initiatives could drive growth for GIS, MKC, INGR, and FRPT, influencing stock performance.
Summary - On Nov. 28, most U.S. stock indices declined due to negative inflation data showing an increase in the monthly consumer price index.
Why It Matters - Rising inflation may signal tighter monetary policy, impacting corporate earnings and consumer spending, leading to increased market volatility and potential declines in stock valuations.
Summary - Freshpet (FRPT) is currently at a 52-week high, prompting investors to examine the company's fundamentals for potential future gains.
Why It Matters - Freshpet's 52-week high signals strong market demand and investor confidence, but future gains depend on solid fundamentals and growth prospects, impacting investment strategies.
Summary - As of November 20, 2024, three consumer staples stocks are signaling caution for momentum-focused investors.
Why It Matters - Warning signals in consumer staples stocks suggest potential declines in momentum, indicating a shift that could affect portfolio performance and risk assessments.
Summary - The news excerpt compares two pet stocks to determine which is a better investment option. Further details on performance or metrics are not provided.
Why It Matters - The comparison of pet stocks can highlight investment opportunities, potential for growth, and market positioning, influencing portfolio decisions and sector trends.
Summary - FRPT achieves its 25th consecutive quarter with over 25% year-on-year net sales growth, indicating strong performance and consistency in revenue expansion.
Why It Matters - FRPT's consistent 25% annual sales growth over 25 quarters signals strong demand and operational stability, enhancing investor confidence and potential for future profitability.