Freshpet (NASDAQ:FRPT) Price Target Raised to $78.00

Freshpet (NASDAQ:FRPT) had its target price boosted by JPMorgan Chase & Co. from $76.00 to $78.00 in a research note released on Thursday morning,Benzinga reports. The brokerage currently has an overweight rating on the stock.

A number of other research analysts also recently weighed in on the company. Wells Fargo & Company boosted their price target on Freshpet from $77.00 to $84.00 and gave the stock an “overweight” rating in a research report on Thursday. TD Cowen dropped their price objective on Freshpet from $85.00 to $80.00 and set a “buy” rating on the stock in a research note on Tuesday, October 13th. DA Davidson cut their price objective on Freshpet from $101.00 to $95.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Wall Street Zen raised shares of Freshpet from a “sell” rating to a “hold” rating in a research note on Sunday, August 2nd. Finally, Benchmark reissued a “buy” rating on shares of Freshpet in a research note on Wednesday, August 19th. Nine analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $80.31.

Freshpet Trading Down 0.7%

Shares of NASDAQ:FRPT opened at $64.39 on Thursday. The company’s 50-day moving average price is $64.54 and its two-hundred day moving average price is $63.92. Freshpet has a one year low of $46.45 and a one year high of $86.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 5.68 and a quick ratio of 5.03. The stock has a market capitalization of $3.16 billion, a PE ratio of 25.55 and a beta of 1.75.

Freshpet (NASDAQ:FRPT) last announced its quarterly earnings data on Wednesday, November 4th. The company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.19. The company had revenue of $317.84 million during the quarter, compared to analysts’ expectations of $312.02 million. Freshpet had a return on equity of 6.39% and a net margin of 10.90%. Freshpet’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.86 EPS. On average, equities analysts forecast that Freshpet will post 1.25 EPS for the current fiscal year.

Insider Activity

In related news, CEO William B. Cyr sold 2,657 shares of the firm’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $75.40, for a total value of $200,337.80. Following the transaction, the chief executive officer owned 49,044 shares in the company, valued at approximately $3,697,917.60. This trade represents a 5.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Walter N. George acquired 1,000 shares of Freshpet stock in a transaction on Monday, September 14th. The shares were purchased at an average price 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 approximately $3,359,350.32. This represents a 1.97% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold a total of 171,636 shares of company stock valued at $12,754,864 in the last quarter. Corporate insiders own 4.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Global Retirement Partners LLC acquired a new position in Freshpet in the 2nd quarter worth about $25,000. Laurel Wealth Advisors LLC bought a new position in shares of Freshpet during the 3rd quarter worth approximately $30,000. Integrated Wealth Concepts LLC bought a new position in Freshpet during the second quarter worth $34,000. Legacies Wealth LLC bought a new position in Freshpet in the third quarter worth approximately $35,000. Finally, State of Wyoming acquired a new stake in Freshpet in the 2nd quarter valued at $61,000.

Freshpet News Roundup

Here are the key news stories impacting Freshpet this week:

• Positive Sentiment: Wells Fargo raised its price target to $84 from $77 and maintained an overweight rating, signaling a more bullish view. Wells Fargo price target article
• Positive Sentiment: JPMorgan lifted its target to $78 from $76 and kept its overweight rating, adding another positive analyst view. JPMorgan price target article
• Positive Sentiment: Freshpet’s Q3 2026 revenue was $317.8 million, up 10.1% year over year and ahead of consensus; EPS of $0.58 also exceeded estimates. Coverage highlighted adjusted gross margin reaching 50% and strong spending by its most valuable customer households. Q3 investor takeaways
• Neutral Sentiment: Deutsche Bank raised its target to $69 from $67 but maintained a Hold rating, reflecting a more cautious view than Wells Fargo and JPMorgan. Deutsche Bank target update
• Neutral Sentiment: Freshpet said executives will participate in upcoming investor conferences, which may give investors more opportunities to hear from management but is not itself a business update. Investor conference announcement
• Negative Sentiment: Recent Q3 coverage also flags rising competition, which could challenge Freshpet’s growth and ability to sustain margin expansion. Q3 analysis on margins, e-commerce and 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.