Freshpet (FRPT) Stock Forecast, Price Target & Predictions


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FRPT Stock Forecast


Freshpet stock forecast is as follows: an average price target of $160.33 (represents a 10.44% upside from FRPT’s last price of $145.17) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.

FRPT Price Target


The average price target for Freshpet (FRPT) is $160.33 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $189.00 to $126.00. This represents a potential 10.44% upside from FRPT's last price of $145.17.

FRPT Analyst Ratings


Buy

According to 9 Wall Street analysts, Freshpet's rating consensus is 'Buy'. The analyst rating breakdown for FRPT stock is 0 'Strong Buy' (0.00%), 7 'Buy' (77.78%), 2 'Hold' (22.22%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Freshpet Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 05, 2024Mark AstrachanStifel Nicolaus$165.00$151.598.85%13.66%
Nov 05, 2024Peter BenedictRobert W. Baird$170.00$151.5912.14%17.10%
Nov 05, 2024Kaumil GajrawalaJefferies$162.00$151.596.87%11.59%
Nov 05, 2024Brian HollandD.A. Davidson$189.00$152.0924.26%30.19%
Oct 17, 2024Mark AstrachanStifel Nicolaus$155.00$139.2911.28%6.77%
Aug 06, 2024Ken GoldmanJ.P. Morgan$126.00$126.44-0.35%-13.21%
Aug 06, 2024Peter BenedictRobert W. Baird$140.00$121.4115.31%-3.56%
Jul 02, 2024Michael LaveryPiper Sandler$150.00$129.0016.28%3.33%
Jun 25, 2024Rupesh ParikhOppenheimer$155.00$127.9321.16%6.77%
May 23, 2024Stephen PowersDeutsche Bank$150.00$125.0419.96%3.33%
May 07, 2024Rupesh ParikhOppenheimer$135.00$121.0311.54%-7.01%
May 07, 2024Marc TorrenteWells Fargo$140.00$121.0315.67%-3.56%
May 07, 2024Kaumil GajrawalaJefferies$118.00$121.03-2.50%-18.72%
May 07, 2024Brian HollandD.A. Davidson$153.00$121.0326.41%5.39%
Apr 11, 2024Mark AstrachanStifel Nicolaus$135.00$112.7519.73%-7.01%
Apr 01, 2024Kaumil GajrawalaJefferies$105.00$115.86-9.37%-27.67%
Mar 13, 2024Brian HollandD.A. Davidson$138.00$111.2724.02%-4.94%
Mar 11, 2024Bill ChappellTruist Financial$135.00$107.8925.13%-7.01%
Aug 08, 2023Bill ChappellTruist Financial$80.00$80.00--44.89%
Sep 30, 2022Cody RossUBS$67.00$50.1633.57%-53.85%
Sep 08, 2022Cowen & Co.$97.00$37.52158.53%-33.18%
Aug 10, 2022Goldman Sachs$79.00$49.6859.02%-45.58%
Aug 09, 2022Stifel Nicolaus$75.00$48.1255.86%-48.34%
Aug 09, 2022Truist Financial$70.00$48.9243.09%-51.78%
Aug 09, 2022Robert W. Baird$90.00$50.0679.78%-38.00%
May 23, 2022Goldman Sachs$120.00$62.2892.68%-17.34%
May 03, 2022Oppenheimer$110.00$93.1018.15%-24.23%
May 03, 2022Citigroup$72.00$93.10-22.66%-50.40%
Mar 01, 2022Brian HollandCowen & Co.$181.00$109.7464.94%24.68%
Dec 20, 2021Stephanie WissinkJefferies$125.00$90.8537.59%-13.89%
Nov 09, 2021Ben BienvenuStephens$154.00$125.9522.27%6.08%

The latest Freshpet stock forecast, released on Nov 05, 2024 by Mark Astrachan from Stifel Nicolaus, set a price target of $165.00, which represents a 8.85% increase from the stock price at the time of the forecast ($151.59), and a 13.66% increase from FRPT last price ($145.17).

Freshpet Price Target by Period


1M3M12M
# Anlaysts-518
Avg Price Target-$168.20$145.61
Last Closing Price$145.17$145.17$145.17
Upside/Downside-100.00%15.86%0.30%

In the current month, the average price target of Freshpet stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Freshpet's last price of $145.17. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 15, 2024Piper SandlerOverweightOverweightHold
Sep 03, 2024Cowen & Co.BuyBuyHold
Aug 06, 2024Cowen & Co.BuyBuyHold
Jul 17, 2024CitigroupNeutralNeutralHold
Jul 02, 2024Piper SandlerOverweightOverweightHold
Jun 25, 2024OppenheimerOutperformOutperformHold
Jun 24, 2024Cowen & Co.BuyBuyHold
Jun 11, 2024BenchmarkBuyBuyHold
May 23, 2024Deutsche BankBuyInitialise
May 07, 2024OppenheimerOutperformOutperformHold
May 07, 2024Cowen & Co.BuyBuyHold
May 07, 2024Wells FargoOverweightOverweightHold
May 07, 2024JefferiesHoldHoldHold
Apr 01, 2024JefferiesHoldHoldHold
Jan 23, 2024Piper SandlerOverweightOverweightHold
Jan 11, 2023BenchmarkBuyBuyHold
Nov 03, 2022BenchmarkBuyHoldDowngrade
Nov 03, 2022ScotiabankPerformDowngrade
Nov 03, 2022UBSBuyPerformDowngrade
Nov 03, 2022CitigroupSellNeutralUpgrade
Sep 30, 2022UBSBuyInitialise
Sep 08, 2022Cowen & Co.OutperformOutperformHold
Sep 07, 2022Piper SandlerPositiveUpgrade
Aug 10, 2022CitigroupSellSellHold
Aug 10, 2022Goldman SachsBuyBuyHold
May 23, 2022Goldman SachsBuyBuyHold
Apr 28, 2022BenchmarkBuyInitialise

Freshpet's last stock rating was published by Piper Sandler on Oct 15, 2024. The company gave FRPT a "Overweight" rating, the same as its previous rate.

Freshpet Financial Forecast


Freshpet Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue----------------$215.42M$200.62M$183.33M$167.52M$165.83M$151.33M$146.01M$132.17M$115.87M$107.59M$108.62M$93.41M$84.52M$84.19M
Avg Forecast$511.25M$483.05M$444.91M$426.78M$405.11M$388.84M$364.23M$345.82M$330.68M$316.54M$292.88M$277.43M$263.78M$248.35M$231.18M$216.44M$204.71M$194.39M$184.71M$166.95M$152.16M$147.98M$146.79M$126.65M$116.48M$113.66M$105.97M$93.92M$85.46M$84.10M
High Forecast$519.61M$490.94M$452.18M$433.75M$411.73M$395.19M$370.18M$351.47M$336.09M$321.71M$297.66M$282.51M$267.33M$248.57M$231.28M$216.44M$206.75M$194.42M$187.73M$169.68M$154.65M$147.98M$146.79M$126.65M$116.48M$113.66M$105.97M$93.92M$85.46M$84.10M
Low Forecast$504.51M$476.68M$439.04M$421.14M$399.77M$383.71M$359.42M$341.26M$326.32M$312.36M$289.02M$275.50M$261.02M$248.14M$231.08M$216.44M$199.51M$194.36M$182.28M$164.75M$150.16M$147.98M$146.79M$126.65M$116.48M$113.66M$105.97M$93.92M$85.46M$84.10M
# Analysts5454545443481266612999555566661010
Surprise %----------------1.05%1.03%0.99%1.00%1.09%1.02%0.99%1.04%0.99%0.95%1.02%0.99%0.99%1.00%

Freshpet's average Quarter revenue forecast for Mar 24 based on 6 analysts is $216.44M, with a low forecast of $216.44M, and a high forecast of $216.44M. FRPT's average Quarter revenue forecast represents a 0.47% increase compared to the company's last Quarter revenue of $215.42M (Dec 23).

Freshpet EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5454545443481266612999555566661010
EBITDA----------------$14.89M$-7.08M$-16.75M$-6.07M$9.29M$-7.11M$-18.16M$-7.61M$-522.00K$6.37M$849.00K$-2.88M$3.09M$8.84M
Avg Forecast$17.41M$16.45M$15.16M$14.54M$13.80M$13.25M$12.41M$11.78M$11.26M$10.78M$9.98M$9.45M$8.99M$8.46M$7.87M$-10.52M$6.97M$6.62M$6.29M$-9.56M$-466.54K$4.40M$4.37M$-8.69M$3.47M$3.38M$3.15M$-17.29M$2.54M$2.50M
High Forecast$17.70M$16.72M$15.40M$14.77M$14.02M$13.46M$12.61M$11.97M$11.45M$10.96M$10.14M$9.62M$9.11M$8.47M$7.88M$-8.42M$7.04M$6.62M$6.39M$-7.65M$-373.23K$4.40M$4.37M$-6.96M$3.47M$3.38M$3.15M$-13.83M$2.54M$2.50M
Low Forecast$17.19M$16.24M$14.96M$14.35M$13.62M$13.07M$12.24M$11.62M$11.12M$10.64M$9.84M$9.38M$8.89M$8.45M$7.87M$-12.62M$6.80M$6.62M$6.21M$-11.48M$-559.85K$4.40M$4.37M$-10.43M$3.47M$3.38M$3.15M$-20.75M$2.54M$2.50M
Surprise %----------------2.14%-1.07%-2.66%0.64%-19.90%-1.62%-4.16%0.88%-0.15%1.88%0.27%0.17%1.22%3.53%

6 analysts predict FRPT's average Quarter EBITDA for Mar 24 to be $-10.52M, with a high of $-8.42M and a low of $-12.62M. This is -170.63% lower than Freshpet's previous annual EBITDA (Dec 23) of $14.89M.

Freshpet Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5454545443481266612999555566661010
Net Income----------------$15.29M$-7.17M$-16.04M$-23.81M$-2.15M$-17.51M$-19.87M$-16.23M$-8.38M$-2.07M$-7.47M$-10.89M$-3.30M$3.55M
Avg Forecast----$50.87M$47.40M$36.22M$37.52M$30.97M$21.45M$11.45M$12.56M$20.19M$7.67M$-2.03M$-20.68M$3.58M$-8.23M$-20.35M$-18.80M$-8.28M$-9.46M$-7.00M$-17.09M$-6.31M$3.76M$-1.26M$-65.33M$4.33M$4.70M
High Forecast----$51.95M$48.41M$36.99M$38.32M$31.62M$21.91M$11.70M$18.59M$25.69M$7.90M$-1.99M$-16.55M$10.74M$-8.09M$-20.01M$-15.04M$-6.62M$-9.46M$-7.00M$-13.67M$-6.31M$3.76M$-1.26M$-52.26M$4.33M$4.70M
Low Forecast----$50.00M$46.59M$35.60M$36.88M$30.44M$21.08M$11.26M$7.03M$14.22M$7.43M$-2.07M$-24.82M$795.32K$-8.41M$-20.79M$-22.56M$-9.94M$-9.46M$-7.00M$-20.51M$-6.31M$3.76M$-1.26M$-78.39M$4.33M$4.70M
Surprise %----------------4.27%0.87%0.79%1.27%0.26%1.85%2.84%0.95%1.33%-0.55%5.92%0.17%-0.76%0.76%

Freshpet's average Quarter net income forecast for Mar 24 is $-20.68M, with a range of $-24.82M to $-16.55M. FRPT's average Quarter net income forecast represents a -235.27% decrease compared to the company's last Quarter net income of $15.29M (Dec 23).

Freshpet SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5454545443481266612999555566661010
SG&A----------------$59.68M$73.37M$76.00M$72.27M$47.77M$60.45M$70.37M$60.63M$48.85M$42.37M$49.56M$46.03M$33.64M$32.89M
Avg Forecast$214.15M$202.34M$186.36M$178.76M$169.69M$162.87M$152.57M$144.86M$138.51M$132.59M$122.68M$116.21M$110.49M$104.03M$96.84M$71.48M$85.75M$81.43M$77.37M$64.98M$43.66M$61.34M$60.85M$59.08M$48.29M$47.12M$43.93M$38.94M$35.43M$34.86M
High Forecast$217.65M$205.64M$189.41M$181.68M$172.46M$165.53M$155.06M$147.22M$140.78M$134.76M$124.68M$118.34M$111.98M$104.12M$96.88M$85.78M$86.60M$81.44M$78.64M$77.98M$52.40M$61.34M$60.85M$70.89M$48.29M$47.12M$43.93M$38.94M$35.43M$34.86M
Low Forecast$211.32M$199.67M$183.90M$176.41M$167.45M$160.72M$150.55M$142.94M$136.69M$130.84M$121.06M$115.40M$109.33M$103.94M$96.79M$57.19M$83.57M$81.41M$76.35M$51.99M$34.93M$61.34M$60.85M$47.26M$48.29M$47.12M$43.93M$38.94M$35.43M$34.86M
Surprise %----------------0.70%0.90%0.98%1.11%1.09%0.99%1.16%1.03%1.01%0.90%1.13%1.18%0.95%0.94%

Freshpet's average Quarter SG&A projection for Mar 24 is $71.48M, based on 6 Wall Street analysts, with a range of $57.19M to $85.78M. The forecast indicates a 19.78% rise compared to FRPT last annual SG&A of $59.68M (Dec 23).

Freshpet EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts5454545443481266612999555566661010
EPS----------------$0.31$-0.15$-0.33$-0.50$-0.04$-0.37$-0.44$-0.37$-0.19$-0.05$-0.17$-0.26$-0.08$0.09
Avg Forecast----$1.01$0.94$0.72$0.75$0.62$0.43$0.23$0.25$0.40$0.15$-0.04$-0.23$0.07$-0.16$-0.40$-0.40$-0.06$-0.20$-0.14$-0.40$-0.13$0.08$-0.03$-0.02$0.09$0.10
High Forecast----$1.03$0.96$0.74$0.76$0.63$0.44$0.23$0.37$0.51$0.16$-0.04$-0.22$0.21$-0.16$-0.40$-0.40$-0.06$-0.20$-0.14$-0.40$-0.13$0.08$-0.03$-0.02$0.09$0.10
Low Forecast----$0.99$0.93$0.71$0.73$0.61$0.42$0.22$0.14$0.28$0.15$-0.04$-0.23$0.02$-0.17$-0.41$-0.41$-0.07$-0.20$-0.14$-0.40$-0.13$0.08$-0.03$-0.02$0.09$0.10
Surprise %----------------4.36%0.92%0.82%1.24%0.69%1.90%3.05%0.92%1.46%-0.64%6.53%10.93%-0.89%0.93%

According to 6 Wall Street analysts, Freshpet's projected average Quarter EPS for Mar 24 is $-0.23, with a low estimate of $-0.23 and a high estimate of $-0.22. This represents a -173.05% decrease compared to FRPT previous annual EPS of $0.31 (Dec 23).

Freshpet Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HAINHain Celestial Group$6.54$9.2741.74%Hold
NOMDNomad Foods$16.67$22.0031.97%Buy
CENTCentral Garden & Pet$39.43$50.6728.51%
LANCLancaster Colony$178.04$216.0021.32%Buy
POSTPost$114.22$132.0015.57%Buy
FRPTFreshpet$145.17$160.3310.44%Buy
THSTreeHouse Foods$34.90$37.677.94%Hold
SMPLSimply Good Foods$38.58$38.670.23%Buy
BRBRBellRing Brands$76.72$68.25-11.04%Buy

FRPT Forecast FAQ


Is Freshpet a good buy?

Yes, according to 9 Wall Street analysts, Freshpet (FRPT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 77.78% of FRPT's total ratings.

What is FRPT's price target?

Freshpet (FRPT) average price target is $160.33 with a range of $126 to $189, implying a 10.44% from its last price of $145.17. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Freshpet stock go up soon?

According to Wall Street analysts' prediction for FRPT stock, the company can go up by 10.44% (from the last price of $145.17 to the average price target of $160.33), up by 30.19% based on the highest stock price target, and down by -13.21% based on the lowest stock price target.

Can Freshpet stock reach $200?

FRPT's average twelve months analyst stock price target of $160.33 does not support the claim that Freshpet can reach $200 in the near future.

What are Freshpet's analysts' financial forecasts?

Freshpet's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.5B (high $1.53B, low $1.48B), average EBITDA is $51.23M (high $52.07M, low $50.56M), average net income is $172.02M (high $175.67M, low $169.07M), average SG&A $629.99M (high $640.28M, low $621.67M), and average EPS is $3.42 (high $3.49, low $3.36). FRPT's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $1.87B (high $1.9B, low $1.84B), average EBITDA is $63.56M (high $64.6M, low $62.72M), average net income is $0 (high $0, low $0), average SG&A $781.61M (high $794.38M, low $771.3M), and average EPS is $0 (high $0, low $0).

Did the FRPT's actual financial results beat the analysts' financial forecasts?

Based on Freshpet's last annual report (Dec 2023), the company's revenue was $766.9M, beating the average analysts forecast of $750.77M by 2.15%. Apple's EBITDA was $-30.446M, missing the average prediction of $10.32M by -394.93%. The company's net income was $-31.724M, missing the average estimation of $-43.809M by -27.59%. Apple's SG&A was $281.32M, missing the average forecast of $309.53M by -9.11%. Lastly, the company's EPS was $-0.66, missing the average prediction of $-0.902 by -26.80%. In terms of the last quarterly report (Dec 2023), Freshpet's revenue was $215.42M, beating the average analysts' forecast of $204.71M by 5.23%. The company's EBITDA was $14.9M, beating the average prediction of $6.97M by 113.61%. Freshpet's net income was $15.29M, beating the average estimation of $3.58M by 327.20%. The company's SG&A was $59.68M, missing the average forecast of $85.75M by -30.40%. Lastly, the company's EPS was $0.31, beating the average prediction of $0.0712 by 335.53%