Traeger (NYSE:COOK) Upgraded by Zacks Research to “Strong-Buy” Rating

Posted by on Jul 10th, 2026

Traeger (NYSE:COOK – Get Free Report) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Wednesday,Zacks.com reports.

A number of other equities research analysts also recently commented on COOK. Robert W. Baird set a $40.00 target price on Traeger in a report on Tuesday, May 12th. Weiss Ratings raised shares of Traeger from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, June 8th. Canaccord Genuity Group cut their price target on shares of Traeger from $100.00 to $75.00 and set a “buy” rating for the company in a report on Wednesday, March 25th. Telsey Advisory Group raised their price objective on shares of Traeger from $43.00 to $45.00 and gave the company a “market perform” rating in a research note on Tuesday, May 12th. Finally, Wall Street Zen raised shares of Traeger from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $50.08.

Check Out Our Latest Research Report on Traeger

Traeger Stock Performance

Shares of COOK stock opened at $71.16 on Wednesday. The company has a market cap of $197.82 million, a price-to-earnings ratio of -1.70 and a beta of 1.95. The stock has a 50 day simple moving average of $61.58 and a 200-day simple moving average of $49.01. Traeger has a 12-month low of $20.91 and a 12-month high of $104.00. The company has a current ratio of 3.40, a quick ratio of 2.01 and a debt-to-equity ratio of 2.29.

Traeger (NYSE:COOK – Get Free Report) last posted its quarterly earnings results on Monday, May 11th. The company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of ($3.36) by $4.85. Traeger had a negative return on equity of 13.76% and a negative net margin of 21.84%.The firm had revenue of $94.07 million for the quarter, compared to the consensus estimate of $95.05 million. On average, equities analysts forecast that Traeger will post -2.29 EPS for the current year.

Institutional Trading of Traeger

Several large investors have recently modified their holdings of the business. Empowered Funds LLC increased its stake in shares of Traeger by 9.2% during the 4th quarter. Empowered Funds LLC now owns 227,741 shares of the company’s stock worth $246,000 after purchasing an additional 19,280 shares in the last quarter. Artisan Partners Limited Partnership grew its holdings in 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 during the last quarter. Blair William & Co. IL grew its holdings in Traeger by 19.9% during the 4th quarter. Blair William & Co. IL now owns 92,680 shares of the company’s stock valued at $100,000 after buying an additional 15,400 shares during the last quarter. RFP Financial Group LLC purchased a new position in Traeger during the fourth quarter worth $27,000. Finally, MYDA Advisors LLC purchased a new position in Traeger during the fourth quarter worth $173,000. 46.84% of the stock is currently owned by institutional investors and hedge funds.

About Traeger

(Get Free Report)

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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Analyst Recommendations for Traeger (NYSE:COOK)

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