Freshpet (FRPT) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

FRPT Stock Forecast

Freshpet stock forecast is as follows: an average price target of $134.07 (represents a -12.79% downside from FRPT’s last price of $153.73) 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 $134.07 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 $67.00. This represents a potential -12.79% downside from FRPT's last price of $153.73.

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

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 05, 2024	Mark Astrachan	Stifel Nicolaus	$165.00	$151.59	8.85%	7.33%
Nov 05, 2024	Peter Benedict	Robert W. Baird	$170.00	$151.59	12.14%	10.58%
Nov 05, 2024	Kaumil Gajrawala	Jefferies	$162.00	$151.59	6.87%	5.38%
Nov 05, 2024	Brian Holland	D.A. Davidson	$189.00	$152.09	24.26%	22.94%
Oct 17, 2024	Mark Astrachan	Stifel Nicolaus	$155.00	$139.29	11.28%	0.83%
Aug 06, 2024	Ken Goldman	J.P. Morgan	$126.00	$126.44	-0.35%	-18.04%
Aug 06, 2024	Peter Benedict	Robert W. Baird	$140.00	$121.41	15.31%	-8.93%
Jul 02, 2024	Michael Lavery	Piper Sandler	$150.00	$129.00	16.28%	-2.43%
Jun 25, 2024	Rupesh Parikh	Oppenheimer	$155.00	$127.93	21.16%	0.83%
May 23, 2024	Stephen Powers	Deutsche Bank	$150.00	$125.04	19.96%	-2.43%

Row per page

Go to

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 7.33% increase from FRPT last price ($153.73).

Freshpet Price Target by Period

	1M	3M	12M
# Anlaysts	5	5	18
Avg Price Target	$168.20	$168.20	$145.61
Last Closing Price	$153.73	$153.73	$153.73
Upside/Downside	9.41%	9.41%	-5.28%

In the current month, the average price target of Freshpet stock is $168.20, according to 5 Wall Street analysts offering twelve months forecast. The average price target represents a 9.41% increase as opposed to Freshpet's last price of $153.73. This month's average price target is down 0.00% compared to last quarter, and up 15.51% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 15, 2024	Piper Sandler	Overweight	Overweight	Hold
Sep 03, 2024	Cowen & Co.	Buy	Buy	Hold
Aug 06, 2024	Cowen & Co.	Buy	Buy	Hold
Jul 17, 2024	Citigroup	Neutral	Neutral	Hold
Jul 02, 2024	Piper Sandler	Overweight	Overweight	Hold
Jun 25, 2024	Oppenheimer	Outperform	Outperform	Hold
Jun 24, 2024	Cowen & Co.	Buy	Buy	Hold
Jun 11, 2024	Benchmark	Buy	Buy	Hold
May 23, 2024	Deutsche Bank	-	Buy	Initialise
May 07, 2024	Oppenheimer	Outperform	Outperform	Hold

Row per page

Go to

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 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
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	$79.98M	$70.10M	$65.75M	$65.27M
Avg Forecast	$405.79M	$388.97M	$363.35M	$345.60M	$331.14M	$316.54M	$292.70M	$277.48M	$263.81M	$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	$77.05M	$72.03M	$65.94M	$64.37M
High Forecast	$461.94M	$442.79M	$413.63M	$393.41M	$376.96M	$360.34M	$333.20M	$282.57M	$267.36M	$248.57M	$231.28M	$216.44M	$206.75M	$194.42M	$210.27M	$190.06M	$173.22M	$147.98M	$146.79M	$126.65M	$116.48M	$113.66M	$105.97M	$93.92M	$85.46M	$84.10M	$77.05M	$72.03M	$65.94M	$64.37M
Low Forecast	$397.38M	$380.91M	$355.82M	$338.43M	$324.28M	$309.98M	$286.64M	$275.56M	$261.05M	$248.14M	$231.08M	$216.44M	$199.51M	$194.36M	$180.88M	$163.49M	$149.01M	$147.98M	$146.79M	$126.65M	$116.48M	$113.66M	$105.97M	$93.92M	$85.46M	$84.10M	$77.05M	$72.03M	$65.94M	$64.37M
# Analysts	9	9	9	9	8	8	8	10	12	6	6	6	12	9	9	9	5	5	5	5	6	6	6	6	10	10	10	10	9	9
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%	1.04%	0.97%	1.00%	1.01%

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 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	9	9	9	9	8	8	8	10	12	6	6	6	12	9	9	9	5	5	5	5	6	6	6	6	10	10	10	10	9	9
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	$5.70M	$1.59M	$9.24M	$7.46M
Avg Forecast	$12.08M	$11.58M	$10.81M	$10.29M	$9.86M	$9.42M	$8.71M	$8.26M	$7.85M	$7.39M	$6.88M	$-10.52M	$6.09M	$5.79M	$5.50M	$-9.56M	$-466.54K	$4.40M	$4.37M	$-8.69M	$3.47M	$3.38M	$3.15M	$-17.29M	$2.54M	$2.50M	$2.29M	$1.25M	$1.96M	$1.92M
High Forecast	$13.75M	$13.18M	$12.31M	$11.71M	$11.22M	$10.73M	$9.92M	$8.41M	$7.96M	$7.40M	$6.88M	$-8.42M	$6.15M	$5.79M	$6.26M	$-7.65M	$-373.23K	$4.40M	$4.37M	$-6.96M	$3.47M	$3.38M	$3.15M	$-13.83M	$2.54M	$2.50M	$2.29M	$1.50M	$1.96M	$1.92M
Low Forecast	$11.83M	$11.34M	$10.59M	$10.07M	$9.65M	$9.23M	$8.53M	$8.20M	$7.77M	$7.39M	$6.88M	$-12.62M	$5.94M	$5.79M	$5.38M	$-11.48M	$-559.85K	$4.40M	$4.37M	$-10.43M	$3.47M	$3.38M	$3.15M	$-20.75M	$2.54M	$2.50M	$2.29M	$1.00M	$1.96M	$1.92M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	2.44%	-1.22%	-3.05%	0.64%	-19.90%	-1.62%	-4.16%	0.88%	-0.15%	1.88%	0.27%	0.17%	1.22%	3.53%	2.48%	1.27%	4.71%	3.89%

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 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	9	9	9	9	8	8	8	10	12	6	6	6	12	9	9	9	5	5	5	5	6	6	6	6	10	10	10	10	9	9
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	$153.09K	$-3.59M	$4.63M	$3.07M
Avg Forecast	$50.87M	$47.40M	$36.22M	$37.52M	$30.92M	$20.98M	$11.71M	$12.03M	$20.17M	$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	$-2.95M	$-2.83M	$8.21M	$4.85M
High Forecast	$60.02M	$55.93M	$42.73M	$44.27M	$36.49M	$24.76M	$13.82M	$17.81M	$25.68M	$7.90M	$-1.97M	$-16.55M	$10.74M	$-8.01M	$-19.81M	$-15.04M	$-6.62M	$-9.46M	$-7.00M	$-13.67M	$-6.31M	$3.76M	$-1.26M	$-52.26M	$4.33M	$4.70M	$-2.95M	$-2.26M	$8.21M	$4.85M
Low Forecast	$49.50M	$46.13M	$35.24M	$36.51M	$30.09M	$20.42M	$11.40M	$6.74M	$14.21M	$7.43M	$-2.39M	$-24.82M	$795.32K	$-9.71M	$-24.02M	$-22.56M	$-9.94M	$-9.46M	$-7.00M	$-20.51M	$-6.31M	$3.76M	$-1.26M	$-78.39M	$4.33M	$4.70M	$-2.95M	$-3.39M	$8.21M	$4.85M
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%	-0.05%	1.27%	0.56%	0.63%

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 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	9	9	9	9	8	8	8	10	12	6	6	6	12	9	9	9	5	5	5	5	6	6	6	6	10	10	10	10	9	9
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	$33.70M	$34.68M	$25.37M	$27.17M
Avg Forecast	$168.22M	$161.25M	$150.63M	$143.27M	$137.28M	$131.23M	$121.34M	$115.03M	$109.37M	$102.96M	$95.84M	$71.48M	$84.86M	$80.59M	$76.57M	$64.98M	$43.66M	$61.34M	$60.85M	$59.08M	$48.29M	$47.12M	$43.93M	$38.94M	$35.43M	$34.86M	$31.94M	$27.32M	$27.34M	$26.69M
High Forecast	$191.50M	$183.56M	$171.47M	$163.09M	$156.27M	$149.38M	$138.13M	$117.14M	$110.83M	$103.04M	$95.88M	$85.78M	$85.71M	$80.60M	$87.17M	$77.98M	$52.40M	$61.34M	$60.85M	$70.89M	$48.29M	$47.12M	$43.93M	$38.94M	$35.43M	$34.86M	$31.94M	$32.78M	$27.34M	$26.69M
Low Forecast	$164.74M	$157.91M	$147.51M	$140.30M	$134.43M	$128.50M	$118.83M	$114.23M	$108.22M	$102.87M	$95.80M	$57.19M	$82.71M	$80.57M	$74.99M	$51.99M	$34.93M	$61.34M	$60.85M	$47.26M	$48.29M	$47.12M	$43.93M	$38.94M	$35.43M	$34.86M	$31.94M	$21.86M	$27.34M	$26.69M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.70%	0.91%	0.99%	1.11%	1.09%	0.99%	1.16%	1.03%	1.01%	0.90%	1.13%	1.18%	0.95%	0.94%	1.06%	1.27%	0.93%	1.02%

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 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	9	9	9	9	8	8	8	10	12	6	6	6	12	9	9	9	5	5	5	5	6	6	6	6	10	10	10	10	9	9
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	-	$-0.10	$0.13	$0.09
Avg Forecast	$1.01	$0.94	$0.72	$0.75	$0.61	$0.42	$0.23	$0.24	$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	$-0.06	$-0.06	$0.17	$0.10
High Forecast	$1.19	$1.11	$0.85	$0.88	$0.73	$0.49	$0.27	$0.35	$0.51	$0.16	$-0.04	$-0.22	$0.21	$-0.16	$-0.39	$-0.39	$-0.06	$-0.20	$-0.14	$-0.40	$-0.13	$0.08	$-0.03	$-0.02	$0.09	$0.10	$-0.06	$-0.06	$0.17	$0.10
Low Forecast	$0.98	$0.92	$0.70	$0.73	$0.60	$0.41	$0.23	$0.13	$0.28	$0.15	$-0.05	$-0.27	$0.02	$-0.19	$-0.48	$-0.48	$-0.08	$-0.20	$-0.14	$-0.40	$-0.13	$0.08	$-0.03	$-0.02	$0.09	$0.10	$-0.06	$-0.06	$0.17	$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%	-0.06%	1.79%	0.77%	0.90%

According to 6 Wall Street analysts, Freshpet's projected average Quarter EPS for Mar 24 is $-0.23, with a low estimate of $-0.27 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

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
HAIN	Hain Celestial Group	$6.62	$12.48	88.52%	Hold
NOMD	Nomad Foods	$16.25	$24.00	47.69%	Buy
CENT	Central Garden & Pet Company	$36.80	$50.67	37.69%	-
THS	TreeHouse Foods	$31.59	$40.60	28.52%	Hold
POST	Post	$109.47	$135.00	23.32%	Buy
LANC	Lancaster Colony	$187.88	$216.00	14.97%	Buy
SMPL	Simply Good Foods Company	$36.47	$40.50	11.05%	Buy
FRPT	Freshpet	$153.73	$134.07	-12.79%	Buy
BRBR	BellRing Brands	$72.14	$44.00	-39.01%	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 $134.07 with a range of $67 to $189, implying a -12.79% from its last price of $153.73. 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 down by -12.79% (from the last price of $153.73 to the average price target of $134.07), up by 22.94% based on the highest stock price target, and down by -56.42% based on the lowest stock price target.

Can Freshpet stock reach $200?

FRPT's average twelve months analyst stock price target of $134.07 does not support the claim that Freshpet can reach $200 in the near future.

What is Freshpet's current price target trend?

5 Wall Street analysts forecast a $168.2 price target for Freshpet (FRPT) this month, up 9.41% from its last price of $153.73. Compared to the last 3 and 12 months, the average price target increased by 9.41% and decreased by -5.28%, respectively.

What are Freshpet's analysts' financial forecasts?

Freshpet's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.22B (high $1.35B, low $1.2B), average EBITDA is $36.25M (high $40.27M, low $35.61M), average net income is $75.65M (high $92.87M, low $68.64M), average SG&A $504.88M (high $560.93M, low $496M), and average EPS is $1.5 (high $1.85, low $1.37). FRPT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.5B (high $1.71B, low $1.47B), average EBITDA is $44.76M (high $50.95M, low $43.83M), average net income is $172.02M (high $202.96M, low $167.38M), average SG&A $623.37M (high $709.62M, low $610.45M), and average EPS is $3.42 (high $4.04, low $3.33).

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 $7.81M by -489.68%. 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 $307.01M by -8.37%. 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 $6.09M by 144.46%. 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 $84.86M by -29.68%. Lastly, the company's EPS was $0.31, beating the average prediction of $0.0712 by 335.53%