Freshpet (NASDAQ:FRPT) Upgraded at TD Cowen

TD Cowen upgraded shares of Freshpet (NASDAQ:FRPT) from a hold rating to a buy rating in a research note published on Wednesday, Marketbeat Ratings reports. TD Cowen currently has $80.00 price objective on the stock.

Several other research firms have also issued reports on FRPT. Wells Fargo & Company raised their price target on shares of Freshpet from $82.00 to $90.00 and gave the stock an “overweight” rating in a report on Wednesday, February 25th. Piper Sandler raised their price target on shares of Freshpet from $80.00 to $87.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. Stifel Nicolaus raised their price target on shares of Freshpet from $65.00 to $84.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Freshpet from $69.00 to $62.00 and set a “hold” rating for the company in a report on Monday, March 30th. Finally, Bank of America raised their price target on shares of Freshpet from $60.00 to $67.00 and gave the stock a “neutral” rating in a report on Friday, December 19th. Ten research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $75.75.

Freshpet Stock Down 2.7%

Shares of NASDAQ FRPT opened at $64.80 on Wednesday. The company has a 50 day simple moving average of $70.49 and a 200 day simple moving average of $62.71. The firm has a market cap of $3.18 billion, a PE ratio of 25.21, a price-to-earnings-growth ratio of 2.21 and a beta of 1.78. Freshpet has a 1 year low of $46.76 and a 1 year high of $89.80. The company has a debt-to-equity ratio of 0.35, a current ratio of 5.54 and a quick ratio of 4.57.

Freshpet (NASDAQ:FRPT) last issued its quarterly earnings data on Monday, February 23rd. The company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.21. The business had revenue of $285.23 million during the quarter, compared to analyst estimates of $285.66 million. Freshpet had a net margin of 12.63% and a return on equity of 6.93%. The firm’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter last year, the business earned $0.36 EPS. On average, research analysts forecast that Freshpet will post 1.55 EPS for the current year.

Institutional Trading of Freshpet

Several hedge funds have recently modified their holdings of FRPT. Caitong International Asset Management Co. Ltd increased its stake in shares of Freshpet by 606.8% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 417 shares of the company’s stock valued at $25,000 after acquiring an additional 358 shares in the last quarter. Motiv8 Investments LLC bought a new stake in shares of Freshpet in the 4th quarter valued at $28,000. Signaturefd LLC increased its stake in shares of Freshpet by 143.0% in the 4th quarter. Signaturefd LLC now owns 503 shares of the company’s stock valued at $31,000 after acquiring an additional 296 shares in the last quarter. Parallel Advisors LLC increased its stake in shares of Freshpet by 55.0% in the 3rd quarter. Parallel Advisors LLC now owns 555 shares of the company’s stock valued at $31,000 after acquiring an additional 197 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its stake in shares of Freshpet by 445.4% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 529 shares of the company’s stock valued at $32,000 after acquiring an additional 432 shares in the last quarter.

More Freshpet News

Here are the key news stories impacting Freshpet this week:

• Positive Sentiment: TD Cowen upgraded Freshpet to a “Buy,” signaling analyst conviction in upside and supporting near-term investor demand. TD Cowen upgrade
• Neutral Sentiment: Bank of America cut its price target from $80 to $75 and kept a “neutral” rating — a modest downgrade in expectations but still implies upside from current levels. BofA price target change
• Neutral Sentiment: Market commentary is mixed on valuation: some outlets note under-valuation arguments while others highlight uneven returns, leaving the fundamental story debated among investors. Valuation analysis
• Neutral Sentiment: Coverage explaining today’s sell-off frames it as larger-than-market but tied to recent headlines and positioning rather than new company fundamentals. Zacks coverage
• Neutral Sentiment: Some public pages (e.g., CNN Markets) list Freshpet among market movers but offer no new catalyst — useful for price tracking but not explanatory. CNN Markets
• Neutral Sentiment: An April short-interest data point showing 0 shares appears in records and is likely a reporting glitch; ignore that item and focus on the March data below for real positioning signals.
• Negative Sentiment: Pomerantz LLP announced an investigation into Freshpet investor claims — such probes often drive uncertainty, legal costs, and increased volatility while unresolved. Pomerantz investigation
• Negative Sentiment: Short interest rose materially in late March to ~6.16M shares (~13.1% of float, ~2.7 days to cover), signaling significant bearish positioning that can amplify downward pressure if shorts increase activity or sentiment worsens.

Freshpet Company Profile

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.