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Freshpet (FRPT) Stock Forecast & Price Target

$121.78
+2.05 (+1.71%)
(As of 10:04 AM ET)

Freshpet - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 17 Wall Street analysts who have issued ratings for Freshpet in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 17 analysts, 3 have given a hold rating, and 14 have given a buy rating for FRPT.

Consensus Price Target

$133.76
9.84% Upside
High Forecast$168.00
Average Forecast$133.76
Low Forecast$80.00

According to the 17 analysts' twelve-month price targets for Freshpet, the average price target is $133.76. The highest price target for FRPT is $168.00, while the lowest price target for FRPT is $80.00. The average price target represents a forecasted upside of 9.84% from the current price of $121.78.

TypeCurrent Forecast
7/24/23 to 7/23/24
1 Month Ago
6/24/23 to 6/23/24
3 Months Ago
4/25/23 to 4/24/24
1 Year Ago
7/24/22 to 7/24/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
14 Buy rating(s)
13 Buy rating(s)
11 Buy rating(s)
8 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$133.76$127.75$107.36$76.31
Forecasted Upside9.84% Upside16.41% Upside18.40% Upside30.41% Upside
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FRPT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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FRPT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Freshpet Stock vs. The Competition

TypeFreshpetConsumer Staples CompaniesS&P 500
Consensus Rating Score
2.82
2.44
2.51
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside11.72% Upside711.23% Upside9.25% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/17/2024Citigroup
3 of 5 stars
 Boost TargetNeutral ➝ Neutral$124.00 ➝ $129.00+8.09%
7/10/2024Bank of America
4 of 5 stars
 Boost TargetBuy ➝ Buy$140.00 ➝ $150.00+21.71%
7/10/2024Wells Fargo & Company
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$140.00 ➝ $145.00+16.96%
7/2/2024Piper Sandler
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 Reiterated RatingOverweight ➝ Overweight$150.00 ➝ $150.00+14.36%
6/25/2024Oppenheimer
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 Boost TargetOutperform ➝ Outperform$135.00 ➝ $155.00+20.51%
6/11/2024Benchmark
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 Boost TargetBuy ➝ Buy$125.00 ➝ $150.00+15.45%
5/23/2024Deutsche Bank Aktiengesellschaft
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 Initiated CoverageBuy$150.00+19.96%
5/23/2024Redburn Atlantic
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 UpgradeNeutral ➝ Buy$168.00+34.36%
5/7/2024TD Cowen
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 Boost TargetBuy ➝ Buy$128.00 ➝ $143.00+17.35%
5/7/2024DA Davidson
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 Boost TargetBuy ➝ Buy$138.00 ➝ $153.00+25.26%
5/7/2024Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$125.00 ➝ $135.00+11.54%
4/11/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$115.00 ➝ $135.00+19.73%
3/11/2024Truist Financial
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 UpgradeHold ➝ Buy$120.00 ➝ $135.00+24.76%
2/27/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$67.00 ➝ $102.00-4.61%
12/19/2023Jefferies Financial Group
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 Initiated CoverageHold$80.00-5.27%
8/9/2023The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$78.00 ➝ $99.00+24.87%
8/8/2023Stephens
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 Boost TargetOverweight ➝ Overweight$75.00 ➝ $95.00+15.50%
5/5/2023VNET Group
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 Reiterated RatingMaintains
2/28/2023Credit Suisse Group
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 Boost TargetNeutral$60.00 ➝ $65.00+4.69%
1/6/2023Cowen
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 Lower Target$82.00 ➝ $80.00+51.75%
11/2/2022Cowen
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 Lower Target$97.00 ➝ $82.00+30.47%
9/30/2022UBS Group
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 Initiated CoverageBuy$67.00+33.57%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:27 AM ET.

FRPT Forecast - Frequently Asked Questions

What is Freshpet's forecast for 2024?

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Freshpet is $133.76, with a high forecast of $168.00 and a low forecast of $80.00.

Should I buy or sell Freshpet stock right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Freshpet in the last twelve months. There are currently 3 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FRPT shares.

Does Freshpet's stock price have much upside?

According to analysts, Freshpet's stock has a predicted upside of 16.90% based on their 12-month stock forecasts.

Has Freshpet been upgraded by Wall Street analysts recently?

Over the previous 90 days, Freshpet's stock had 1 upgrade by analysts.

What analysts cover Freshpet?
Do Wall Street analysts like Freshpet more than its competitors?

Analysts like Freshpet more than other "consumer staples" companies. The consensus rating for Freshpet is Moderate Buy while the average consensus rating for "consumer staples" companies is Hold. Learn more on how FRPT compares to other companies.


This page (NASDAQ:FRPT) was last updated on 7/23/2024 by MarketBeat.com Staff

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