Freshpet (NASDAQ:FRPT) Stock Gets Price Target Cut from JPMorgan Chase & Co.

Posted by George Bondi on Oct 29th, 2026

Freshpet (NASDAQ:FRPT – Free Report) had its price target reduced by JPMorgan Chase & Co. from $78.00 to $76.00 in a report issued on Monday,Benzinga reports. They currently have an overweight rating on the stock.

FRPT has been the topic of a number of other reports. Weiss Ratings upgraded Freshpet from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, September 28th. Morgan Stanley cut shares of Freshpet from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $77.00 to $72.00 in a research note on Thursday, August 6th. Benchmark restated a “buy” rating on shares of Freshpet in a research note on Wednesday, August 19th. Deutsche Bank Aktiengesellschaft set a $67.00 price objective on shares of Freshpet in a report on Wednesday, October 21st. Finally, Bank of America reduced their price objective on shares of Freshpet from $75.00 to $70.00 and set a “neutral” rating for the company in a research note on Wednesday, July 1st. Ten analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $75.50.

Check Out Our Latest Analysis on FRPT

Freshpet Price Performance

Freshpet stock opened at $65.06 on Monday. The business’s 50 day simple moving average is $65.53 and its 200 day simple moving average is $63.80. Freshpet has a 12 month low of $46.45 and a 12 month high of $86.00. The company has a market cap of $3.20 billion, a price-to-earnings ratio of 17.12 and a beta of 1.78. The company has a current ratio of 6.05, a quick ratio of 5.03 and a debt-to-equity ratio of 0.34.

Freshpet (NASDAQ:FRPT – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.17. Freshpet had a return on equity of 5.97% and a net margin of 17.28%. The business had revenue of $305.59 million during the quarter, compared to the consensus estimate of $292.35 million. During the same period last year, the business posted $0.33 earnings per share. The business’s revenue for the quarter was up 15.4% on a year-over-year basis. Sell-side analysts forecast that Freshpet will post 1.25 EPS for the current year.

Insider Activity at Freshpet

In other news, Director Walter N. George bought 1,000 shares of the stock in a transaction on Monday, September 14th. The shares were acquired at an average cost of $64.92 per share, for a total transaction of $64,920.00. Following the purchase, the director directly owned 51,746 shares of the company’s stock, valued at $3,359,350.32. This trade represents a 1.97% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO William B. Cyr sold 41,022 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $72.86, for a total transaction of $2,988,862.92. Following the completion of the transaction, the chief executive officer directly owned 267,152 shares of the company’s stock, valued at approximately $19,464,694.72. The trade was a 13.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 171,636 shares of company stock valued at $12,754,864. 4.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Jupiter Topco LLC purchased a new position in Freshpet during the second quarter worth about $1,242,000. California State Teachers Retirement System raised its holdings in shares of Freshpet by 27.2% in the 1st quarter. California State Teachers Retirement System now owns 59,465 shares of the company’s stock valued at $3,506,000 after acquiring an additional 12,732 shares in the last quarter. Legal & General Group Plc purchased a new stake in shares of Freshpet in the 2nd quarter valued at about $6,463,000. WINTON GROUP Ltd boosted its position in shares of Freshpet by 456.0% during the 2nd quarter. WINTON GROUP Ltd now owns 116,816 shares of the company’s stock valued at $6,906,000 after acquiring an additional 95,806 shares during the last quarter. Finally, Commerce Bank bought a new stake in shares of Freshpet during the 2nd quarter valued at about $3,030,000.

About Freshpet

(Get Free Report)

Freshpet, Inc (NASDAQ: FRPT) is a pet food company that develops, manufactures and markets refrigerated, fresh food and treats for dogs and cats. Its products are made with animal proteins, vegetables and other ingredients and are designed to be stored in the refrigerator rather than on a conventional shelf.

The company sells its products under the Freshpet brand and related product lines, including Freshpet Select and Vital. Its offerings include refrigerated meals, rolls, recipes and treats formulated for different pet sizes, ages and dietary needs.