Freshpet (NASDAQ:FRPT) Price Target Lowered to $95.00 at DA Davidson

Freshpet (NASDAQ:FRPT) had its price objective lowered by stock analysts at DA Davidson from $101.00 to $95.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. DA Davidson’s target price indicates a potential upside of 42.36% from the stock’s current price.

FRPT has been the subject of a number of other reports. Piper Sandler reaffirmed an “overweight” rating on shares of Freshpet in a research report on Monday, June 15th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $70.00 target price on shares of Freshpet in a research report on Thursday. Stifel Nicolaus upped their target price on Freshpet from $66.00 to $78.00 and gave the company a “buy” rating in a report on Thursday. Morgan Stanley reaffirmed an “equal weight” rating and set a $72.00 price target (down from $77.00) on shares of Freshpet in a research report on Thursday. Finally, Wells Fargo & Company dropped their price target on Freshpet from $75.00 to $70.00 and set an “overweight” rating on the stock in a report on Wednesday, July 8th. Ten analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Freshpet has a consensus rating of “Moderate Buy” and an average target price of $75.31.

Freshpet Stock Down 6.6%

NASDAQ FRPT traded down $4.74 on Thursday, reaching $66.73. The company had a trading volume of 1,895,084 shares, compared to its average volume of 1,527,888. The company has a quick ratio of 5.26, a current ratio of 6.18 and a debt-to-equity ratio of 0.34. The company’s fifty day moving average is $55.61 and its 200 day moving average is $62.56. Freshpet has a 52-week low of $46.45 and a 52-week high of $86.00. The stock has a market capitalization of $3.28 billion, a P/E ratio of 17.84 and a beta of 1.61.

Insider Buying and Selling

In other Freshpet news, Director Craig D. Steeneck acquired 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was bought at an average cost of $47.83 per share, with a total value of $95,660.00. Following the acquisition, the director owned 37,500 shares in the company, valued at approximately $1,793,625. This represents a 5.63% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO William B. Cyr sold 42,495 shares of Freshpet stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $51.03, for a total transaction of $2,168,519.85. Following the completion of the transaction, the chief executive officer owned 224,459 shares of the company’s stock, valued at $11,454,142.77. This represents a 15.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have purchased 4,211 shares of company stock worth $215,027 and have sold 235,262 shares worth $11,664,591. Corporate insiders own 4.30% of the company’s stock.

Institutional Trading of Freshpet

A number of institutional investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd grew its holdings in Freshpet by 606.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 417 shares of the company’s stock valued at $25,000 after buying an additional 358 shares in the last quarter. Motiv8 Investments LLC purchased a new position in Freshpet during the fourth quarter valued at approximately $28,000. Signaturefd LLC grew its stake in Freshpet by 143.0% during the fourth quarter. Signaturefd LLC now owns 503 shares of the company’s stock valued at $31,000 after acquiring an additional 296 shares in the last quarter. Parallel Advisors LLC increased its holdings in Freshpet by 55.0% during the 3rd quarter. Parallel Advisors LLC now owns 555 shares of the company’s stock worth $31,000 after acquiring an additional 197 shares during the period. Finally, TD Waterhouse Canada Inc. purchased a new stake in Freshpet in the 4th quarter worth approximately $32,000.

Key Headlines Impacting Freshpet

Here are the key news stories impacting Freshpet this week:

• Positive Sentiment: Strong Q2 results beat expectations. Freshpet reported second-quarter revenue of $305.6 million, up approximately 15.5% year over year, while EPS of $0.39 exceeded the $0.22 analyst consensus. Volume growth was the primary sales driver. Freshpet Second Quarter 2026 Financial Results
• Positive Sentiment: Margins and earnings improved. Adjusted EBITDA rose to $52.2 million from $44.4 million, and adjusted gross margin expanded to 48.6% from 46.9%, helped by lower input costs and improved plant utilization. Management raised its long-term adjusted gross-margin target to above 49%.
• Positive Sentiment: Freshpet raised its 2026 outlook. The company now expects full-year net sales growth of 10% to 12% and adjusted EBITDA of $210 million to $220 million, supporting the view that recent operational improvements can continue. Freshpet Higher 2026 Outlook
• Positive Sentiment: Analyst support increased. Stifel Nicolaus raised its price target from $66 to $78 and upgraded Freshpet to Buy, citing additional upside following the earnings performance. Benzinga analyst coverage
• Neutral Sentiment: Analyst views remain mixed. Morgan Stanley reaffirmed an Equal Weight rating but lowered its target from $77 to $72, suggesting more limited upside than Stifel’s forecast.
• Negative Sentiment: Insider selling may temper sentiment. Reported insider activity over the past six months shows substantially more selling than buying, including significant sales attributed to CEO William Cyr.

Freshpet Company Profile

Freshpet Inc (NASDAQ: FRPT) is a leading pet food company specializing in fresh, refrigerated meals and treats for dogs and cats. The company’s products are formulated with carefully selected, natural ingredients and are designed to offer a higher level of nutrition and freshness than traditional dry or canned pet foods. Freshpet’s offerings include refrigerated rolls, pâtés and snacks, all of which are sold through the refrigerated section of grocery, mass-market and pet specialty stores.

Freshpet’s product portfolio is built around the concept of fresh, minimally processed recipes that do not require preservatives or artificial colors.