Traeger (COOK) Stock Forecast, Price Target & Predictions
COOK Stock Forecast
Traeger stock forecast is as follows: an average price target of $4.00 (represents a 11.73% upside from COOK’s last price of $3.58) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
COOK Price Target
The average price target for Traeger (COOK) is $4.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $6.00 to $2.50. This represents a potential 11.73% upside from COOK's last price of $3.58.
COOK Analyst Ratings
According to 4 Wall Street analysts, Traeger's rating consensus is 'Buy'. The analyst rating breakdown for COOK stock is 0 'Strong Buy' (0.00%), 2 'Buy' (50.00%), 2 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Traeger Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 06, 2024 | Brian McNamara | Canaccord Genuity | $6.00 | $3.47 | 72.91% | 67.60% |
| Aug 08, 2024 | Nik Modi | RBC Capital | $2.50 | $2.85 | -12.28% | -30.17% |
| Aug 07, 2024 | Brian McNamara | Canaccord Genuity | $5.00 | $2.29 | 118.34% | 39.66% |
| May 20, 2024 | Anna Glaessgen | B.Riley Financial | $3.50 | $2.14 | 63.55% | -2.23% |
| May 09, 2024 | Joe Feldman | Telsey Advisory | $4.00 | $2.28 | 75.44% | 11.73% |
| Jan 03, 2023 | - | RBC Capital | $3.00 | $2.82 | 6.38% | -16.20% |
| Nov 17, 2022 | - | Canaccord Genuity | $6.00 | $3.87 | 55.04% | 67.60% |
| Nov 10, 2022 | - | RBC Capital | $4.00 | $3.41 | 17.30% | 11.73% |
The latest Traeger stock forecast, released on Sep 06, 2024 by Brian McNamara from Canaccord Genuity, set a price target of $6.00, which represents a 72.91% increase from the stock price at the time of the forecast ($3.47), and a 67.60% increase from COOK last price ($3.58).
Traeger Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 5 |
| Avg Price Target | $6.00 | $4.50 | $4.20 |
| Last Closing Price | $3.58 | $3.58 | $3.58 |
| Upside/Downside | 67.60% | 25.70% | 17.32% |
In the current month, the average price target of Traeger stock is $6.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 67.60% increase as opposed to Traeger's last price of $3.58. This month's average price target is up 33.33% compared to last quarter, and up 42.86% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 06, 2024 | Canaccord Genuity | Buy | Buy | Hold |
| Aug 08, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| May 09, 2024 | Telsey Advisory | Outperform | Outperform | Hold |
| May 03, 2024 | Telsey Advisory | Buy | Buy | Hold |
| Mar 06, 2024 | Canaccord Genuity | Buy | Buy | Hold |
| Mar 17, 2023 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jan 03, 2023 | RBC Capital | - | Sector Perform | Downgrade |
| Nov 17, 2022 | Canaccord Genuity | - | Buy | Initialise |
| Jul 21, 2022 | Telsey Advisory | - | Market Perform | Downgrade |
Traeger's last stock rating was published by Canaccord Genuity on Sep 06, 2024. The company gave COOK a "Buy" rating, the same as its previous rate.
Traeger Financial Forecast
Traeger Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $163.48M | $117.73M | $171.51M | $153.16M | $138.13M | $93.79M | - | $223.71M | $174.93M | $162.02M | $213.02M |
| Avg Forecast | $174.28M | $125.27M | $176.77M | $150.72M | $165.70M | $118.74M | $168.07M | $144.00M | $153.89M | $109.29M | $154.89M | $152.57M | $118.61M | $87.02M | $218.58M | $210.15M | $156.52M | $140.48M | $210.99M |
| High Forecast | $179.31M | $128.89M | $181.87M | $155.07M | $170.49M | $121.31M | $172.93M | $148.15M | $157.81M | $112.45M | $159.37M | $156.98M | $122.04M | $89.54M | $218.58M | $213.15M | $158.76M | $142.49M | $214.00M |
| Low Forecast | $167.57M | $120.45M | $169.97M | $144.92M | $159.33M | $114.29M | $161.60M | $138.46M | $148.77M | $105.09M | $148.93M | $146.70M | $114.05M | $83.68M | $218.58M | $206.19M | $153.57M | $137.83M | $207.02M |
| # Analysts | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | 1.06% | 1.08% | 1.11% | 1.00% | 1.16% | 1.08% | - | 1.06% | 1.12% | 1.15% | 1.01% |
Traeger's average Quarter revenue forecast for Mar 24 based on 4 analysts is $144.00M, with a low forecast of $138.46M, and a high forecast of $148.15M. COOK's average Quarter revenue forecast represents a -11.92% decrease compared to the company's last Quarter revenue of $163.48M (Dec 23).
Traeger EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | $-11.69M | $-12.88M | $-27.61M | $33.88M | $2.29M | $-68.47M | - | $12.38M | $-12.43M | $-72.63M | $13.72M |
| Avg Forecast | $8.89M | $6.39M | $9.02M | $7.69M | $8.45M | $6.06M | $8.57M | $7.34M | $7.85M | $5.57M | $7.90M | $7.78M | $6.05M | $4.44M | $11.15M | $9.86M | $7.98M | $-90.79M | $10.76M |
| High Forecast | $9.15M | $6.57M | $9.28M | $7.91M | $8.70M | $6.19M | $8.82M | $7.56M | $8.05M | $5.74M | $8.13M | $8.01M | $6.22M | $4.57M | $11.15M | $11.83M | $8.10M | $-72.63M | $10.91M |
| Low Forecast | $8.55M | $6.14M | $8.67M | $7.39M | $8.13M | $5.83M | $8.24M | $7.06M | $7.59M | $5.36M | $7.60M | $7.48M | $5.82M | $4.27M | $11.15M | $7.88M | $7.83M | $-108.95M | $10.56M |
| Surprise % | - | - | - | - | - | - | - | - | -1.49% | -2.31% | -3.49% | 4.35% | 0.38% | -15.43% | - | 1.26% | -1.56% | 0.80% | 1.28% |
6 analysts predict COOK's average Quarter EBITDA for Jun 23 to be $7.90M, with a high of $8.13M and a low of $7.60M. This is -76.68% lower than Traeger's previous annual EBITDA (Mar 23) of $33.88M.
Traeger Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 |
| Net Income | - | - | - | - | - | - | - | - | $-24.05M | $-19.26M | $-32.94M | $8.02M | $-28.90M | $-210.45M | - | $-8.43M | $-33.66M | $-89.19M | $-4.91M |
| Avg Forecast | $3.88M | $-4.60M | $12.38M | $10.51M | $1.65M | $-8.01M | $5.21M | $4.29M | $-5.72M | $-15.66M | $-2.69M | $2.40M | $-18.37M | $-25.52M | $5.84M | $-7.78M | $-7.23M | $-111.48M | $4.63M |
| High Forecast | $4.03M | $-4.37M | $12.84M | $10.90M | $1.71M | $-5.34M | $5.41M | $4.45M | $1.91M | $-14.88M | $-2.55M | $2.49M | $-17.45M | $-24.25M | $5.84M | $-6.22M | $-7.05M | $-89.19M | $4.71M |
| Low Forecast | $3.69M | $-4.77M | $11.76M | $9.98M | $1.57M | $-9.34M | $4.95M | $4.08M | $-11.44M | $-16.25M | $-2.79M | $2.28M | $-19.06M | $-26.48M | $5.84M | $-9.33M | $-7.36M | $-133.78M | $4.52M |
| Surprise % | - | - | - | - | - | - | - | - | 4.20% | 1.23% | 12.25% | 3.34% | 1.57% | 8.25% | - | 1.08% | 4.66% | 0.80% | -1.06% |
Traeger's average Quarter net income forecast for Jun 23 is $-2.69M, with a range of $-2.79M to $-2.55M. COOK's average Quarter net income forecast represents a -133.52% decrease compared to the company's last Quarter net income of $8.02M (Mar 23).
Traeger SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 |
| SG&A | - | - | - | - | - | - | - | - | $58.75M | $50.74M | $80.29M | $48.75M | $52.47M | $96.38M | - | $75.96M | $82.91M | $124.34M | $72.07M |
| Avg Forecast | $63.86M | $45.90M | $64.77M | $55.22M | $60.71M | $43.51M | $61.58M | $52.76M | $56.39M | $40.05M | $56.75M | $55.90M | $43.46M | $31.89M | $80.09M | $70.08M | $57.35M | $51.47M | $77.31M |
| High Forecast | $65.70M | $47.23M | $66.64M | $56.82M | $62.47M | $44.45M | $63.36M | $54.28M | $57.82M | $41.20M | $58.39M | $57.52M | $44.71M | $32.81M | $80.09M | $84.10M | $58.17M | $52.21M | $78.41M |
| Low Forecast | $61.40M | $44.13M | $62.28M | $53.10M | $58.38M | $41.88M | $59.21M | $50.73M | $54.51M | $38.50M | $54.57M | $53.75M | $41.79M | $30.66M | $80.09M | $56.06M | $56.27M | $50.50M | $75.85M |
| Surprise % | - | - | - | - | - | - | - | - | 1.04% | 1.27% | 1.41% | 0.87% | 1.21% | 3.02% | - | 1.08% | 1.45% | 2.42% | 0.93% |
Traeger's average Quarter SG&A projection for Mar 24 is $52.76M, based on 4 Wall Street analysts, with a range of $50.73M to $54.28M. The forecast indicates a -10.20% fall compared to COOK last annual SG&A of $58.75M (Dec 23).
Traeger EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 |
| EPS | - | - | - | - | - | - | - | - | $-0.19 | $-0.16 | $-0.27 | $0.07 | $-0.24 | $-1.75 | - | $-0.07 | $-0.29 | $-0.78 | $-0.04 |
| Avg Forecast | $0.03 | $-0.04 | $0.10 | $0.08 | $0.01 | $-0.06 | $0.04 | $0.03 | $-0.04 | $-0.12 | $-0.02 | $0.02 | $-0.14 | $-0.20 | $0.05 | $0.09 | $-0.06 | $-0.08 | $0.04 |
| High Forecast | $0.03 | $-0.03 | $0.10 | $0.09 | $0.01 | $-0.04 | $0.04 | $0.04 | $0.01 | $-0.12 | $-0.02 | $0.02 | $-0.14 | $-0.19 | $0.05 | $0.09 | $-0.06 | $-0.08 | $0.04 |
| Low Forecast | $0.03 | $-0.04 | $0.09 | $0.08 | $0.01 | $-0.07 | $0.04 | $0.03 | $-0.09 | $-0.13 | $-0.02 | $0.02 | $-0.15 | $-0.21 | $0.05 | $0.08 | $-0.06 | $-0.08 | $0.04 |
| Surprise % | - | - | - | - | - | - | - | - | 4.22% | 1.30% | 12.77% | 3.71% | 1.66% | 8.72% | - | -0.84% | 5.02% | 9.91% | -1.13% |
According to 6 Wall Street analysts, Traeger's projected average Quarter EPS for Jun 23 is $-0.02, with a low estimate of $-0.02 and a high estimate of $-0.02. This represents a -130.20% decrease compared to COOK previous annual EPS of $0.07 (Mar 23).
COOK Forecast FAQ
Is Traeger a good buy?
Yes, according to 4 Wall Street analysts, Traeger (COOK) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 50.00% of COOK's total ratings.
What is COOK's price target?
Traeger (COOK) average price target is $4 with a range of $2.5 to $6, implying a 11.73% from its last price of $3.58. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Traeger stock go up soon?
According to Wall Street analysts' prediction for COOK stock, the company can go up by 11.73% (from the last price of $3.58 to the average price target of $4), up by 67.60% based on the highest stock price target, and down by -30.17% based on the lowest stock price target.
Can Traeger stock reach $5?
COOK's highest twelve months analyst stock price target of $6 supports the claim that Traeger can reach $5 in the near future.
What is Traeger's current price target trend?
1 Wall Street analyst forecast a $6 price target for Traeger (COOK) this month, up 67.60% from its last price of $3.58. Compared to the last 3 and 12 months, the average price target increased by 25.70% and increased by 17.32%, respectively.
What are Traeger's analysts' financial forecasts?
Traeger's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $596.51M (high $612.88M, low $573.68M), average EBITDA is $30.42M (high $31.26M, low $29.26M), average net income is $3.15M (high $6.24M, low $1.25M), average SG&A $218.56M (high $224.56M, low $210.2M), and average EPS is $0.0248 (high $0.049, low $0.00986). COOK's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $627.04M (high $645.15M, low $602.91M), average EBITDA is $31.98M (high $32.9M, low $30.75M), average net income is $22.17M (high $23.4M, low $20.66M), average SG&A $229.75M (high $236.38M, low $220.91M), and average EPS is $0.174 (high $0.184, low $0.162).
Did the COOK's actual financial results beat the analysts' financial forecasts?
Based on Traeger's last annual report (Dec 2022), the company's revenue was $655.9M, beating the average analysts forecast of $634.36M by 3.40%. Apple's EBITDA was $-54.874M, missing the average prediction of $31.49M by -274.25%. The company's net income was $-382M, beating the average estimation of $-45.829M by 733.85%. Apple's SG&A was $297.51M, beating the average forecast of $225.51M by 31.93%. Lastly, the company's EPS was $-3.19, beating the average prediction of $-0.213 by 1397.60%. In terms of the last quarterly report (Dec 2023), Traeger's revenue was $163.48M, beating the average analysts' forecast of $153.89M by 6.23%. The company's EBITDA was $-11.692M, missing the average prediction of $7.85M by -248.96%. Traeger's net income was $-24.045M, beating the average estimation of $-5.721M by 320.28%. The company's SG&A was $58.75M, beating the average forecast of $56.39M by 4.19%. Lastly, the company's EPS was $-0.19, beating the average prediction of $-0.045 by 322.22%