Freshpet (NASDAQ:FRPT) Stock Price Target Raised at Wells Fargo & Company

Freshpet (NASDAQ:FRPT) had its target price upped by investment analysts at Wells Fargo & Company from $77.00 to $84.00 in a research note issued to investors on Thursday, Benzinga reports. The firm currently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price would indicate a potential upside of 18.97% from the stock’s current price.

Several other analysts have also issued reports on FRPT. TD Cowen reduced their target price on shares of Freshpet from $85.00 to $80.00 and set a “buy” rating for the company in a research note on Tuesday, October 13th. Benchmark reissued a “buy” rating on shares of Freshpet in a research report on Wednesday, August 19th. Piper Sandler restated an “overweight” rating on shares of Freshpet in a report on Monday, October 5th. Stifel Nicolaus upped their price objective on shares of Freshpet from $66.00 to $78.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, Morgan Stanley lowered shares of Freshpet from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $77.00 to $72.00 in a research note on Thursday, August 6th. Nine investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Freshpet currently has a consensus rating of “Moderate Buy” and a consensus price target of $80.15.

Freshpet Stock Down 1.0%

Shares of NASDAQ FRPT opened at $70.61 on Thursday. The company’s 50 day moving average price is $64.91 and its 200-day moving average price is $63.93. The company has a debt-to-equity ratio of 0.34, a quick ratio of 5.03 and a current ratio of 6.05. Freshpet has a 52-week low of $46.45 and a 52-week high of $86.00. The company has a market capitalization of $3.47 billion, a P/E ratio of 18.74 and a beta of 1.75.

Freshpet (NASDAQ:FRPT) last released its earnings results on Wednesday, November 4th. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.39 by $0.19. Freshpet had a return on equity of 5.97% and a net margin of 17.28%. The business had revenue of $317.84 million during the quarter, compared to analysts’ expectations of $312.02 million. During the same quarter last year, the firm posted $1.86 earnings per share. The firm’s revenue was up 10.1% on a year-over-year basis. Equities analysts forecast that Freshpet will post 1.25 earnings per share for the current year.

Insider Activity

In other news, CEO William Cyr sold 41,022 shares of Freshpet stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $72.86, for a total transaction of $2,988,862.92. Following the completion of the sale, the chief executive officer owned 267,152 shares in the company, valued at approximately $19,464,694.72. This trade represents a 13.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Walter George bought 1,000 shares of the stock in a transaction that occurred on Monday, September 14th. The stock was bought at an average cost of $64.92 per share, for a total transaction of $64,920.00. Following the completion of the purchase, the director directly owned 51,746 shares of the company’s stock, valued at $3,359,350.32. This represents a 1.97% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have sold 171,636 shares of company stock valued at $12,754,864. 4.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Lido Advisors LLC purchased a new stake in Freshpet during the third quarter valued at about $210,000. Keybank National Association OH lifted its stake in Freshpet by 35.0% during the third quarter. Keybank National Association OH now owns 19,139 shares of the company’s stock worth $1,102,000 after purchasing an additional 4,965 shares during the last quarter. AlphaCore Capital LLC lifted its stake in Freshpet by 8.9% during the third quarter. AlphaCore Capital LLC now owns 4,618 shares of the company’s stock worth $266,000 after purchasing an additional 377 shares during the last quarter. Fulcrum Asset Management LLP boosted its holdings in shares of Freshpet by 16,813.2% in the 3rd quarter. Fulcrum Asset Management LLP now owns 6,427 shares of the company’s stock worth $367,000 after purchasing an additional 6,389 shares in the last quarter. Finally, Pictet Asset Management Holding SA boosted its holdings in shares of Freshpet by 12.9% in the 3rd quarter. Pictet Asset Management Holding SA now owns 8,026 shares of the company’s stock worth $462,000 after purchasing an additional 918 shares in the last quarter.

Key Headlines Impacting Freshpet

Here are the key news stories impacting Freshpet this week:

• Positive Sentiment: Freshpet reported Q3 earnings of $0.58 per share, above analyst estimates, while revenue reached $317.84 million—up 10.1% year over year and ahead of expectations. Freshpet Q3 2026 financial results
• Positive Sentiment: Profitability improved, with gross margin at 45% and adjusted gross margin at 50%. Management raised and narrowed its 2026 outlook, and coverage highlighted stronger EBITDA growth and a fourth consecutive EPS beat. Freshpet raises 2026 outlook
• Positive Sentiment: Long-term customer spending offers another demand signal: the company’s most valuable pet-parent households spend roughly $522 per year on Freshpet products. Freshpet: 3 key takeaways for long-term investors
• Neutral Sentiment: Freshpet executives plan to participate in upcoming investor conferences. This may provide more opportunity to discuss company strategy, but the announcement itself does not indicate a change in financial performance. Freshpet to participate in upcoming investor conferences
• Negative Sentiment: Management acknowledged that competition is heating up. This could pressure Freshpet’s ability to sustain growth and margin gains, despite the strong quarter. Freshpet raises 2026 outlook amid competition

About Freshpet

Freshpet, Inc (NASDAQ: FRPT) is a pet food company that develops, manufactures and markets refrigerated, fresh food and treats for dogs and cats. Its products are made with animal proteins, vegetables and other ingredients and are designed to be stored in the refrigerator rather than on a conventional shelf.

The company sells its products under the Freshpet brand and related product lines, including Freshpet Select and Vital. Its offerings include refrigerated meals, rolls, recipes and treats formulated for different pet sizes, ages and dietary needs.