YETI (NYSE:YETI) Raised to "Buy" at Wall Street Zen

Key Points

• Wall Street Zen upgraded YETI from "hold" to "buy," and the stock's analyst mix is a Moderate Buy with nine buys, seven holds and a consensus price target of $49.15.
• YETI beat quarterly estimates with $0.92 EPS vs. $0.88 expected and $583.7M revenue (up 6.8% YoY), and issued FY2026 guidance of 2.770–2.830 EPS above sell‑side expectations of 2.57.
• The shares trade near $36.72 with a one‑year range of $26.61–$51.29, a market cap of $2.78B and a PE of 18.09, leaving the stock priced meaningfully below the consensus target.

YETI (NYSE:YETI - Get Free Report) was upgraded by Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued on Saturday.

Several other equities analysts have also commented on the company. Stifel Nicolaus boosted their price target on YETI from $34.00 to $43.00 and gave the stock a "hold" rating in a research report on Friday, December 12th. Morgan Stanley cut their target price on YETI from $48.00 to $47.00 and set an "equal weight" rating on the stock in a research report on Tuesday, March 10th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of YETI in a research report on Wednesday, January 21st. UBS Group cut their target price on YETI from $47.00 to $40.00 and set a "neutral" rating on the stock in a research report on Tuesday. Finally, KeyCorp raised YETI from a "sector weight" rating to an "overweight" rating and set a $57.00 target price on the stock in a research report on Friday, January 16th. Nine investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $49.15.

YETI Stock Performance

YETI stock opened at $36.72 on Friday. The stock's 50 day moving average price is $41.36 and its 200 day moving average price is $40.80. The firm has a market capitalization of $2.78 billion, a PE ratio of 18.09 and a beta of 1.80. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.11 and a current ratio of 1.98. YETI has a one year low of $26.61 and a one year high of $51.29.

YETI (NYSE:YETI - Get Free Report) last released its quarterly earnings results on Thursday, February 19th. The company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.88 by $0.04. The firm had revenue of $583.71 million for the quarter, compared to analyst estimates of $582.43 million. YETI had a return on equity of 22.53% and a net margin of 8.85%.YETI's revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the previous year, the company posted $1.00 EPS. YETI has set its FY 2026 guidance at 2.770-2.830 EPS. As a group, sell-side analysts expect that YETI will post 2.57 EPS for the current fiscal year.

Hedge Funds Weigh In On YETI

A number of institutional investors have recently made changes to their positions in the business. Wellington Management Group LLP raised its position in shares of YETI by 14.3% in the 3rd quarter. Wellington Management Group LLP now owns 5,578,329 shares of the company's stock valued at $185,089,000 after purchasing an additional 696,983 shares in the last quarter. Baillie Gifford & Co. increased its holdings in shares of YETI by 50.9% in the 4th quarter. Baillie Gifford & Co. now owns 3,945,196 shares of the company's stock valued at $174,259,000 after acquiring an additional 1,330,278 shares during the last quarter. Reinhart Partners LLC. increased its holdings in shares of YETI by 14.0% in the 4th quarter. Reinhart Partners LLC. now owns 3,035,561 shares of the company's stock valued at $134,081,000 after acquiring an additional 373,641 shares during the last quarter. Westwood Holdings Group Inc. increased its holdings in shares of YETI by 110.2% in the 2nd quarter. Westwood Holdings Group Inc. now owns 2,507,921 shares of the company's stock valued at $79,050,000 after acquiring an additional 1,314,878 shares during the last quarter. Finally, Engaged Capital LLC increased its holdings in shares of YETI by 40.1% in the 2nd quarter. Engaged Capital LLC now owns 2,162,518 shares of the company's stock valued at $68,163,000 after acquiring an additional 619,000 shares during the last quarter.

About YETI

YETI Holdings, Inc is an American outdoor and lifestyle products company known for its premium, performance-driven coolers, drinkware and accessories. The company's portfolio includes hard coolers under its flagship Tundra series, soft coolers in the Hopper line, and vacuum-insulated drinkware sold under the Rambler brand. YETI's products are engineered for durability, temperature retention and rugged outdoor use, targeting consumers ranging from avid anglers and hunters to outdoor enthusiasts and everyday users seeking high-quality insulated containers.

Founded in 2006 by brothers Roy and Ryan Seiders in Austin, Texas, YETI began with a focus on building a better cooler that could withstand extreme conditions and maintain ice retention longer than traditional alternatives.

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