Freshpet, Inc. (FRPT)
NASDAQ: FRPT · Real-Time Price · USD
140.62
+0.73 (0.52%)
Sep 16, 2024, 4:00 PM EDT - Market closed

Freshpet Stock Forecast

Stock Price Forecast

The 15 analysts with 12-month price forecasts for Freshpet stock have an average target of 142.87, with a low estimate of 80 and a high estimate of 168. The average target predicts an increase of 1.60% from the current stock price of 140.62.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $80 $142.87 $150 $168
Change -43.11% +1.60% +6.67% +19.47%

Analyst Ratings

The average analyst rating for Freshpet stock from 15 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Apr '24May '24Jun '24Jul '24Aug '24Sep '24
Strong Buy 588998
Buy 555554
Hold 444443
Sell 000000
Strong Sell 000000
Total 141717181815

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
TD Cowen
TD Cowen
Strong Buy
Maintains
$143$160
Strong Buy Maintains $143$160 +13.78% Sep 4, 2024
Baird
Baird
Buy
Maintains
$140$157
Buy Maintains $140$157 +11.65% Sep 3, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$150
Strong Buy Reiterates $150 +6.67% Aug 7, 2024
JP Morgan
JP Morgan
Hold
Maintains
$113$126
Hold Maintains $113$126 -10.40% Aug 6, 2024
Baird
Baird
Buy
Maintains
$135$140
Buy Maintains $135$140 -0.44% Aug 6, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
988.40M
from 766.90M
Increased by 28.88%
Revenue Next Year
1.23B
from 988.40M
Increased by 24.75%
EPS This Year
0.69
from -0.70
EPS Next Year
1.13
from 0.69
Increased by 63.73%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
245.86M318.79M425.49M595.34M766.90M988.40M1.23B1.52B
Revenue Growth
27.23%29.66%33.47%39.92%28.82%28.88%24.75%23.44%
EPS
-0.04-0.08-0.69-1.29-0.700.691.131.90
EPS Growth
------63.73%68.38%
Forward PE
-----204.49124.9074.18
No. Analysts -----20199
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 1.0B 1.3B 1.6B
Avg 988.4M 1.2B 1.5B
Low 945.7M 1.2B 1.4B

Revenue Growth

Revenue Growth 20242025202620272028
High
34.2%
30.7%
28.6%
Avg
28.9%
24.7%
23.4%
Low
23.3%
17.7%
16.1%

EPS Forecast

EPS 20242025202620272028
High 0.98 1.69 2.60
Avg 0.69 1.13 1.90
Low 0.24 0.48 1.01

EPS Growth

EPS Growth 20242025202620272028
High -
146.1%
131.1%
Avg -
63.7%
68.4%
Low -
-30.2%
-10.3%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.