YETI (NYSE:YETI) Stock Rating Cut to Neutral at Piper Sandler

Posted by Francis Steltz on Nov 14th, 2026

Piper Sandler cut shares of YETI (NYSE:YETI – Free Report) from an overweight rating to a neutral rating in a research report report published on Friday morning, MarketBeat Ratings reports. They currently have $39.00 price objective on the stock, down from their previous price objective of $58.00.

Several other analysts have also recently weighed in on the company. Morgan Stanley lowered their price target on YETI from $49.00 to $48.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 27th. Raymond James Financial restated an “outperform” rating on shares of YETI in a research report on Thursday. UBS Group set a $44.00 target price on shares of YETI in a research report on Thursday, October 15th. Roth Capital reissued a “buy” rating and issued a $62.00 price target on shares of YETI in a research note on Friday, August 14th. Finally, Canaccord Genuity Group increased their price target on shares of YETI from $45.00 to $46.00 and gave the stock a “hold” rating in a report on Monday, September 28th. Eleven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $51.67.

Read Our Latest Research Report on YETI

YETI Price Performance

YETI stock opened at $39.34 on Friday. The firm has a 50 day moving average of $42.09 and a 200-day moving average of $43.84. The company has a current ratio of 1.77, a quick ratio of 0.87 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $2.87 billion, a P/E ratio of 16.33, a price-to-earnings-growth ratio of 1.01 and a beta of 1.63. YETI has a 12 month low of $34.90 and a 12 month high of $53.99.

YETI (NYSE:YETI – Get Free Report) last posted its earnings results on Thursday, November 12th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.07. The business had revenue of $509.42 million for the quarter, compared to analysts’ expectations of $523.07 million. YETI had a net margin of 9.39% and a return on equity of 27.19%. The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.48 EPS. As a group, sell-side analysts predict that YETI will post 2.56 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Elevation Wealth Partners LLC lifted its stake in YETI by 80.5% in the third quarter. Elevation Wealth Partners LLC now owns 888 shares of the company’s stock worth $36,000 after purchasing an additional 396 shares during the last quarter. Covestor Ltd boosted its position in YETI by 27.3% during the third quarter. Covestor Ltd now owns 1,479 shares of the company’s stock valued at $60,000 after buying an additional 317 shares during the period. Signaturefd LLC grew its stake in shares of YETI by 79.4% during the third quarter. Signaturefd LLC now owns 1,943 shares of the company’s stock valued at $80,000 after buying an additional 860 shares during the last quarter. Nykredit A S purchased a new position in shares of YETI in the second quarter worth about $101,000. Finally, Parallel Advisors LLC increased its holdings in shares of YETI by 50.9% in the first quarter. Parallel Advisors LLC now owns 2,446 shares of the company’s stock worth $89,000 after buying an additional 825 shares during the period.

Key Stories Impacting YETI

Here are a few of the latest stories about YETI:

Positive Sentiment: Third-quarter EPS was $0.91, above the roughly $0.84 consensus, while adjusted sales rose 6% to $518 million. International sales increased 19% to $119 million, offering a bright spot. Article: YETI: 3 Key Takeaways for Long-Term Investors
Neutral Sentiment: Several firms cut price targets, but many maintained bullish ratings: Citigroup and Stifel kept “buy,” while Roth Capital, KeyCorp and Baird also retained positive ratings. The lower targets nevertheless reflect more cautious expectations. Citigroup rating
Negative Sentiment: Piper Sandler downgraded YETI from “overweight” to “neutral” and cut its price target to $39 from $58. Canaccord also moved to “hold,” while multiple other analysts reduced targets, reinforcing the cautious outlook. Piper Sandler rating

YETI Company Profile

(Get Free Report)

YETI Holdings, Inc. designs, markets and distributes premium outdoor products. Founded in 2006 by brothers Roy and Ryan Seiders, the company is headquartered in Austin, Texas. Its product lineup includes hard and soft coolers, insulated drinkware, bags, outdoor and camping equipment, and related accessories. YETI sells through its website, company-operated stores and a network of retail partners. The company serves customers in the United States and international markets, including Canada, Europe, Australia and parts of Asia.