Freshpet Q2 revenue tops estimates; raises 2026 outlook
FRPT•Analyst view and share performance
The current average analyst rating on Freshpet shares is "buy", with the breakdown at 13 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell".
The average consensus recommendation for the food processing peer group is "buy". Wall Street's median 12-month price target for Freshpet, Inc. is $80.00, about 28.2% above its August 4 closing price of $62.38. The stock recently traded at 33 times the next 12-month earnings, versus a P/E of 43 three months ago.
Q2 revenue and profit beat estimates
Freshpet said second-quarter revenue grew 15.5% and beat analyst expectations. The U.S. fresh pet food maker reported adjusted EBITDA of $52.2 million, up from $44.4 million a year earlier.
Key details from the company press release:
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Sales | Beat | $305.60 million | $292.16 million (15 analysts) |
| Q2 EPS |
