Traeger (COOK) Expected to Announce Earnings on Monday

Key Points

• Traeger (NYSE:COOK) is expected to report Q1 2026 results after the market close on Monday, May 11, 2026 at 4:30 PM ET, with analysts forecasting an EPS loss of ($3.3963) and revenue of $95.05 million.
• The company has a market capitalization of about $114.7 million, a negative PE (-0.95), a 12‑month trading range of $20.91–$110.50, and a relatively high leverage with a debt‑to‑equity ratio of 2.34.
• Analysts carry a consensus "Hold" rating with a $53 consensus price target after several target cuts, and institutional/hedge fund ownership is substantial at roughly 46.84%, including large recent purchases by JPMorgan and Artisan Partners.

Traeger (NYSE:COOK - Get Free Report) is expected to be issuing its Q1 2026 results after the market closes on Monday, May 11th. Analysts expect the company to announce earnings of ($3.3963) per share and revenue of $95.05 million for the quarter. Individuals are encouraged to explore the company's upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Monday, May 11, 2026 at 4:30 PM ET.

Traeger Price Performance

COOK traded up $0.48 during midday trading on Monday, hitting $41.42. The company had a trading volume of 7,286 shares, compared to its average volume of 13,396. Traeger has a twelve month low of $20.91 and a twelve month high of $110.50. The firm's 50-day simple moving average is $35.06 and its 200-day simple moving average is $43.66. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.45 and a current ratio of 2.68. The company has a market capitalization of $114.73 million, a PE ratio of -0.95 and a beta of 1.78.

Analyst Ratings Changes

Several research analysts have commented on COOK shares. Zacks Research upgraded Traeger from a "strong sell" rating to a "hold" rating in a research note on Tuesday, February 3rd. Canaccord Genuity Group cut their target price on Traeger from $100.00 to $75.00 and set a "buy" rating for the company in a research note on Wednesday, March 25th. B. Riley Financial restated a "neutral" rating and issued a $40.00 target price (down from $50.00) on shares of Traeger in a research note on Friday, March 6th. Telsey Advisory Group lowered their price target on Traeger from $75.00 to $50.00 and set a "market perform" rating on the stock in a report on Friday, March 6th. Finally, Wall Street Zen cut Traeger from a "hold" rating to a "sell" rating in a report on Saturday, March 7th. One analyst has rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $53.00.

Hedge Funds Weigh In On Traeger

A number of large investors have recently modified their holdings of COOK. JPMorgan Chase & Co. raised its holdings in shares of Traeger by 9,116.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,368,133 shares of the company's stock valued at $2,889,000 after buying an additional 2,342,438 shares in the last quarter. Artisan Partners Limited Partnership raised its holdings in shares of Traeger by 100.0% during the 4th quarter. Artisan Partners Limited Partnership now owns 2,000,000 shares of the company's stock valued at $2,160,000 after buying an additional 1,000,000 shares in the last quarter. FreeGulliver LLC purchased a new position in shares of Traeger during the 4th quarter valued at about $248,000. Bridgeway Capital Management LLC raised its holdings in shares of Traeger by 27.1% during the 3rd quarter. Bridgeway Capital Management LLC now owns 866,761 shares of the company's stock valued at $1,057,000 after buying an additional 185,014 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its holdings in shares of Traeger by 118.0% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 256,082 shares of the company's stock valued at $312,000 after buying an additional 138,603 shares in the last quarter. 46.84% of the stock is owned by hedge funds and other institutional investors.

About Traeger

Traeger, trading on the NYSE under the ticker COOK, is a designer, manufacturer and marketer of wood pellet grills and outdoor cooking appliances. The company's core product lineup features a range of hardwood-pellet grills that combine wood-fired flavor with digital temperature control. Beyond grills, Traeger offers a suite of accessories—such as grill covers, smoking woods, meat probes and recipe rubs—as well as outdoor kitchen solutions designed to serve both consumer and light-commercial segments.

Founded in 1985 by Joe Traeger, the brand pioneered the wood-pellet grilling category.

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