Freshpet, Inc. (FRPT)
NASDAQ: FRPT · IEX Real-Time Price · USD
103.84
-1.31 (-1.25%)
At close: Apr 18, 2024, 4:00 PM
103.62
-0.22 (-0.21%)
Pre-market: Apr 19, 2024, 4:29 AM EDT
Freshpet Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Freshpet stock have an average target of 106.86, with a low estimate of 80 and a high estimate of 138. The average target predicts an increase of 2.91% from the current stock price of 103.84.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Freshpet stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 4 | 5 | 5 |
| Buy | 5 | 4 | 5 | 5 | 5 | 5 |
| Hold | 3 | 4 | 4 | 5 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 11 | 12 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $115 → $135 | Strong Buy | Maintains | $115 → $135 | +30.01% | Apr 11, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $104 → $138 | Strong Buy | Maintains | $104 → $138 | +32.90% | Mar 13, 2024 |
| Truist Securities | Truist Securities | Hold → Strong Buy Upgrades $120 → $135 | Hold → Strong Buy | Upgrades | $120 → $135 | +30.01% | Mar 11, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $67 → $102 | Hold | Maintains | $67 → $102 | -1.77% | Feb 27, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $100 → $130 | Buy | Maintains | $100 → $130 | +25.19% | Feb 27, 2024 |
Financial Forecast
Revenue This Year
973.72M
from 766.90M
Increased by 26.97%
Revenue Next Year
1.21B
from 973.72M
Increased by 24.27%
EPS This Year
0.04
from -0.70
EPS Next Year
0.66
from 0.04
Increased by 1,647.30%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.0B | 1.3B | 1.6B |
| Avg | 973.7M | 1.2B | 1.5B |
| Low | 929.1M | 1.1B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 32.1% | 30.0% | 28.1% |
| Avg | 27.0% | 24.3% | 23.2% |
| Low | 21.2% | 16.8% | 15.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.76 | 1.50 | 1.25 |
| Avg | 0.04 | 0.66 | 0.96 |
| Low | -0.56 | 0.22 | 0.67 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 3,870.0% | 89.7% |
| Avg | - | 1,647.3% | 44.6% |
| Low | - | 470.0% | 0.8% |
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.