Wall Street has set ambitious price targets for the stocks in this article.
While this suggests attractive upside potential, it’s important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts.
Freshpet has gotten torched over the last six months - since October 2024, its stock price has dropped 44.5% to $73.78 per share. This might have investors contemplating their next move.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Freshpet (NASDAQ:FRPT) and the rest of the perishable food stocks fared in Q4.
Regarded as defensive investments, consumer staples stocks are generally safe bets in choppy markets. Surprisingly, the sector hasn’t played its shielding role over the past six months as it tumbled 9.7%. This performance was worse than the S&P 500’s 2% decline.
Looking back on perishable food stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Mission Produce (NASDAQ:AVO) and its peers.
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the perishable food stocks, including Fresh Del Monte Produce (NYSE:FDP) and its peers.
JP Morgan analyst cuts Freshpet price forecast to $102 while maintaining a Neutral rating. Concerns over changing consumption trends and accuracy of estimates, but strong revenue growth and long-term potential. EBITDA and revenue growth estimates revised.
Shares of pet food company Freshpet (NASDAQ:FRPT)
jumped 7.9% in the afternoon session after Jefferies upgraded the stock's rating from Hold to Buy and assigned a price target of $150, which implied a potential 40% upside, citing its attractive valuation. The firm added, "...Valuation is at a five-year low; we think FRPT shares are worth 50% above where it is trading."
Shares of pet food company Freshpet (NASDAQ:FRPT)
fell 19.5% in the afternoon session after the company reported disappointing fourth-quarter 2024 results: its gross margin missed significantly, and its full-year revenue guidance fell short of Wall Street's estimates. On the other hand, Freshpet blew past analysts' EBITDA expectations. The company also guided for full-year EBITDA above Wall Street's estimates. Still, this was a softer quarter due to the worse-than-anticipated top-line momentum for 2025.
Pet food company Freshpet (NASDAQ:FRPT) fell short of the market’s revenue expectations in Q4 CY2024, but sales rose 22% year on year to $262.7 million. The company’s full-year revenue guidance of $1.20 billion at the midpoint came in 1.7% below analysts’ estimates. Its GAAP profit of $0.36 per share was 5.3% below analysts’ consensus estimates.
