Freshpet, Inc. (NASDAQ:FRPT) Stock Has Consensus Price Target of $75.53

Freshpet, Inc. (NASDAQ:FRPT) has earned a consensus recommendation of “Moderate Buy” from the sixteen brokerages that are presently covering the company, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $80.31.

FRPT has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft set a $67.00 price objective on shares of Freshpet in a research note on Wednesday, October 21st. Weiss Ratings upgraded shares of Freshpet from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, September 28th. Stifel Nicolaus boosted their price target on shares of Freshpet from $66.00 to $78.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Piper Sandler reiterated an “overweight” rating on shares of Freshpet in a research report on Monday, October 5th. Finally, Benchmark reissued a “buy” rating on shares of Freshpet in a research note on Wednesday, August 19th.

Freshpet Stock Performance

NASDAQ:FRPT opened at $64.39 on Friday. The stock has a market cap of $3.16 billion, a P/E ratio of 25.55 and a beta of 1.75. The stock has a 50 day simple moving average of $64.54 and a 200 day simple moving average of $63.92. Freshpet has a 1-year low of $46.45 and a 1-year high of $86.00. The company has a current ratio of 6.05, a quick ratio of 5.03 and a debt-to-equity ratio of 0.34.

Freshpet (NASDAQ:FRPT) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.19. Freshpet had a return on equity of 5.97% and a net margin of 17.28%. The firm had revenue of $317.84 million during the quarter, compared to analyst estimates of $312.02 million. During the same quarter in the previous year, the business earned $1.86 earnings per share. Freshpet’s quarterly revenue was up 10.1% on a year-over-year basis. Research analysts anticipate that Freshpet will post 1.25 earnings per share for the current year.

Trending Headlines about Freshpet

Here are the key news stories impacting Freshpet this week:

• Positive Sentiment: Wells Fargo raised its price target to $84 from $77 and maintained an overweight rating, signaling a more bullish view. Wells Fargo price target article
• Positive Sentiment: JPMorgan lifted its target to $78 from $76 and kept its overweight rating, adding another positive analyst view. JPMorgan price target article
• Positive Sentiment: Freshpet’s Q3 2026 revenue was $317.8 million, up 10.1% year over year and ahead of consensus; EPS of $0.58 also exceeded estimates. Coverage highlighted adjusted gross margin reaching 50% and strong spending by its most valuable customer households. Q3 investor takeaways
• Neutral Sentiment: Deutsche Bank raised its target to $69 from $67 but maintained a Hold rating, reflecting a more cautious view than Wells Fargo and JPMorgan. Deutsche Bank target update
• Neutral Sentiment: Freshpet said executives will participate in upcoming investor conferences, which may give investors more opportunities to hear from management but is not itself a business update. Investor conference announcement
• Negative Sentiment: Recent Q3 coverage also flags rising competition, which could challenge Freshpet’s growth and ability to sustain margin expansion. Q3 analysis on margins, e-commerce and competition

Insider Buying and Selling

In related news, CEO William Cyr sold 41,022 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $72.86, for a total transaction of $2,988,862.92. Following the sale, the chief executive officer directly owned 267,152 shares in the company, valued at $19,464,694.72. This represents a 13.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Walter George bought 1,000 shares of the business’s stock in a transaction that occurred on Monday, September 14th. The stock was purchased at an average price of $64.92 per share, with a total value of $64,920.00. Following the completion of the purchase, the director directly owned 51,746 shares in the company, valued at $3,359,350.32. The trade was a 1.97% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders sold 171,636 shares of company stock worth $12,754,864. Insiders own 4.30% of the company’s stock.

Institutional Trading of Freshpet

Several institutional investors and hedge funds have recently made changes to their positions in the company. Russell Investments Group Ltd. lifted its position in shares of Freshpet by 35.7% in the third quarter. Russell Investments Group Ltd. now owns 67,828 shares of the company’s stock valued at $3,904,000 after acquiring an additional 17,838 shares in the last quarter. Fifth Third Bancorp raised its stake in Freshpet by 143.8% in the 3rd quarter. Fifth Third Bancorp now owns 35,276 shares of the company’s stock valued at $2,030,000 after purchasing an additional 20,808 shares during the last quarter. Maryland State Retirement & Pension System grew its position in Freshpet by 36.8% during the third quarter. Maryland State Retirement & Pension System now owns 12,821 shares of the company’s stock valued at $738,000 after acquiring an additional 3,449 shares during the period. Lisanti Capital Growth LLC purchased a new stake in Freshpet during the 3rd quarter worth approximately $4,041,000. Finally, Jefferies Financial Group Inc. acquired a new position in shares of Freshpet during the third quarter valued at $950,000.

About Freshpet

Freshpet, Inc (NASDAQ: FRPT) is a pet food company that develops, manufactures and markets refrigerated, fresh food and treats for dogs and cats. Its products are made with animal proteins, vegetables and other ingredients and are designed to be stored in the refrigerator rather than on a conventional shelf.

The company sells its products under the Freshpet brand and related product lines, including Freshpet Select and Vital. Its offerings include refrigerated meals, rolls, recipes and treats formulated for different pet sizes, ages and dietary needs.