YETI (NYSE:YETI) Stock Price Target Lowered at Robert W. Baird

Key Points

• Robert W. Baird cut its YETI price target to $50 from $57 but maintained an “outperform” rating, implying 30.45% upside from the prior close.
• Analyst sentiment remains generally positive: YETI has a “Moderate Buy” consensus rating and an average price target of $53.47.
• YETI beat quarterly earnings expectations with EPS of $0.91 versus $0.84, but revenue of about $518 million missed forecasts; shares were reported down 10.4%.

YETI (NYSE:YETI - Get Free Report) had its target price cut by investment analysts at Robert W. Baird from $57.00 to $50.00 in a report issued on Friday, Benzinga reports. The brokerage presently has an "outperform" rating on the stock. Robert W. Baird's target price indicates a potential upside of 30.45% from the company's previous close.

A number of other equities analysts have also commented on the stock. Canaccord Genuity Group increased their price target on shares of YETI from $45.00 to $46.00 and gave the stock a "hold" rating in a report on Monday, September 28th. Weiss Ratings raised shares of YETI from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, August 21st. Bank of America lifted their price objective on shares of YETI from $44.00 to $48.00 and gave the stock a "neutral" rating in a report on Friday, August 14th. Stifel Nicolaus upgraded shares of YETI from a "hold" rating to a "buy" rating and upped their target price for the stock from $45.00 to $50.00 in a research report on Friday, September 18th. Finally, Piper Sandler cut YETI from an "overweight" rating to a "neutral" rating and reduced their target price for the company from $58.00 to $39.00 in a research note on Friday. Eleven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat.com, YETI currently has a consensus rating of "Moderate Buy" and a consensus price target of $53.47.

YETI Stock Down 10.4%

Shares of NYSE YETI opened at $38.33 on Friday. The company has a current ratio of 1.75, a quick ratio of 0.87 and a debt-to-equity ratio of 0.16. The business has a 50-day moving average of $42.13 and a 200-day moving average of $43.88. The firm has a market capitalization of $2.80 billion, a price-to-earnings ratio of 16.74, a PEG ratio of 1.12 and a beta of 1.63. YETI has a 12 month low of $34.90 and a 12 month high of $53.99.

YETI (NYSE:YETI - Get Free Report) last announced its earnings results on Thursday, November 12th. The company reported $0.91 earnings per share for the quarter, beating analysts' consensus estimates of $0.84 by $0.07. YETI had a net margin of 9.24% and a return on equity of 23.79%. The business had revenue of $517.93 million for the quarter, compared to the consensus estimate of $523.07 million. During the same period last year, the firm posted $0.48 earnings per share. YETI's quarterly revenue was up 4.4% on a year-over-year basis. Sell-side analysts expect that YETI will post 2.56 earnings per share for the current fiscal year.

Institutional Investors Weigh In On YETI

A number of institutional investors have recently made changes to their positions in YETI. Elevation Wealth Partners LLC grew its holdings in shares of YETI by 80.5% during the 3rd quarter. Elevation Wealth Partners LLC now owns 888 shares of the company's stock valued at $36,000 after purchasing an additional 396 shares during the last quarter. Covestor Ltd lifted its stake in YETI by 27.3% in the third quarter. Covestor Ltd now owns 1,479 shares of the company's stock worth $60,000 after purchasing an additional 317 shares during the last quarter. Signaturefd LLC lifted its stake in YETI by 79.4% in the third quarter. Signaturefd LLC now owns 1,943 shares of the company's stock worth $80,000 after purchasing an additional 860 shares during the last quarter. Nykredit A S bought a new stake in YETI in the second quarter worth $101,000. Finally, Parallel Advisors LLC boosted its position in YETI by 50.9% during the first quarter. Parallel Advisors LLC now owns 2,446 shares of the company's stock valued at $89,000 after buying an additional 825 shares during the period.

Key Headlines Impacting YETI

Investors following YETI have been watching these headlines:

• Positive Sentiment: Third-quarter adjusted EPS rose 49% year over year to $0.91, topping the $0.84 consensus estimate. Adjusted sales increased 6% to about $518 million, with international sales up 19%. YETI Reports Third Quarter 2026 Results
• Negative Sentiment: Revenue fell short of analysts’ expectations of about $523 million, coming in at roughly $518 million, even as it grew 4% year over year. YETI Stock Slides After Q3 Revenue Miss
• Negative Sentiment: Piper Sandler downgraded YETI from “overweight” to “neutral” and cut its price target from $58 to $39, signaling reduced analyst confidence and limited implied upside from the cited share price. Piper Sandler stock recommendations

YETI Company Profile

YETI Holdings, Inc. designs, markets and distributes premium outdoor products. Founded in 2006 by brothers Roy and Ryan Seiders, the company is headquartered in Austin, Texas. Its product lineup includes hard and soft coolers, insulated drinkware, bags, outdoor and camping equipment, and related accessories. YETI sells through its website, company-operated stores and a network of retail partners. The company serves customers in the United States and international markets, including Canada, Europe, Australia and parts of Asia.

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