Benchmark Boosts Freshpet (NASDAQ:FRPT) Price Target to $93.00

Freshpet (NASDAQ:FRPT) had its price objective hoisted by Benchmark from $90.00 to $93.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has a “buy” rating on the stock. Benchmark’s price objective would suggest a potential upside of 57.81% from the stock’s current price.

FRPT has been the subject of a number of other research reports. Piper Sandler boosted their price objective on Freshpet from $80.00 to $87.00 and gave the company an “overweight” rating in a research note on Wednesday, February 4th. DA Davidson set a $98.00 target price on shares of Freshpet in a research report on Wednesday, February 25th. TD Cowen reaffirmed a “hold” rating on shares of Freshpet in a report on Tuesday, March 17th. Oppenheimer upgraded shares of Freshpet from a “market perform” rating to an “outperform” rating and set a $80.00 price target for the company in a research report on Friday, March 20th. Finally, JPMorgan Chase & Co. increased their price target on shares of Freshpet from $70.00 to $80.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 24th. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $76.88.

Freshpet Stock Performance

Shares of FRPT stock opened at $58.93 on Monday. The stock’s 50-day moving average is $72.58 and its two-hundred day moving average is $62.19. The company has a debt-to-equity ratio of 0.35, a quick ratio of 4.57 and a current ratio of 5.54. Freshpet has a 1 year low of $46.76 and a 1 year high of $89.80. The firm has a market cap of $2.89 billion, a price-to-earnings ratio of 22.93, a PEG ratio of 2.12 and a beta of 1.66.

Freshpet (NASDAQ:FRPT) last posted its earnings results on Monday, February 23rd. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.21. The business had revenue of $285.23 million during the quarter, compared to the consensus estimate of $285.66 million. Freshpet had a return on equity of 6.93% and a net margin of 12.63%.The business’s quarterly revenue was up 8.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.36 EPS. Analysts predict that Freshpet will post 1.55 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Wasatch Advisors LP lifted its holdings in Freshpet by 41.0% in the second quarter. Wasatch Advisors LP now owns 3,839,332 shares of the company’s stock valued at $260,921,000 after acquiring an additional 1,116,217 shares during the period. Balyasny Asset Management L.P. lifted its stake in shares of Freshpet by 1,031.9% in the fourth quarter. Balyasny Asset Management L.P. now owns 931,905 shares of the company’s stock valued at $56,781,000 after purchasing an additional 1,031,905 shares during the period. Capital World Investors lifted its stake in shares of Freshpet by 151.8% in the third quarter. Capital World Investors now owns 1,482,778 shares of the company’s stock valued at $81,716,000 after purchasing an additional 893,949 shares during the period. Alberta Investment Management Corp purchased a new stake in Freshpet during the third quarter worth about $41,862,000. Finally, Champlain Investment Partners LLC grew its position in Freshpet by 41.5% during the second quarter. Champlain Investment Partners LLC now owns 2,568,954 shares of the company’s stock worth $174,586,000 after buying an additional 753,070 shares during the period.

Freshpet News Roundup

Here are the key news stories impacting Freshpet this week:

• Positive Sentiment: Benchmark raised its price target to $93 and maintained a Buy rating, signaling that at least one sell‑side firm still sees significant upside vs. current levels. Benchmark Raises Price Target
• Neutral Sentiment: Recent coverage includes a valuation check that highlights mixed signals after recent swings — useful context but not an immediate catalyst. Freshpet Valuation Check
• Neutral Sentiment: Multiple short‑interest notices in March report a “large increase” but list zero shares and NaN changes — the contradictory/erroneous data can itself drive intraday volatility and investor uncertainty until accurate filings are confirmed. (No external article link available.)
• Negative Sentiment: Pomerantz LLP opened an investor investigation into Freshpet, which can amplify selling pressure and create legal overhang until the scope and basis of any claim are clarified. Pomerantz Investigator Alert
• Negative Sentiment: Competitive risk rose after coverage noting The Farmer’s Dog launched at Walmart — a direct retail push by a premium fresh‑food competitor that could pressure Freshpet’s retail growth and pricing/mix dynamics. Farmer’s Dog Launch at Walmart
• Negative Sentiment: Market writeups flagged that FRPT fell more than the broader market today, summarizing the above headlines as drivers of the pullback and reinforcing negative sentiment among momentum traders. Zacks Coverage of the Drop

About Freshpet

Freshpet Inc (NASDAQ: FRPT) is a leading pet food company specializing in fresh, refrigerated meals and treats for dogs and cats. The company’s products are formulated with carefully selected, natural ingredients and are designed to offer a higher level of nutrition and freshness than traditional dry or canned pet foods. Freshpet’s offerings include refrigerated rolls, pâtés and snacks, all of which are sold through the refrigerated section of grocery, mass-market and pet specialty stores.

Freshpet’s product portfolio is built around the concept of fresh, minimally processed recipes that do not require preservatives or artificial colors.