Bank of America Issues Pessimistic Forecast for Freshpet (NASDAQ:FRPT) Stock Price

Freshpet (NASDAQ:FRPT) had its price objective cut by equities research analysts at Bank of America from $80.00 to $75.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Bank of America‘s price objective would indicate a potential upside of 15.74% from the company’s current price.

A number of other equities analysts have also issued reports on FRPT. Weiss Ratings raised shares of Freshpet from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, December 29th. Oppenheimer raised shares of Freshpet from a “market perform” rating to an “outperform” rating and set a $80.00 target price on the stock in a research report on Friday, March 20th. TD Cowen raised shares of Freshpet from a “hold” rating to a “buy” rating and set a $80.00 price target on the stock in a report on Wednesday. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Freshpet from $69.00 to $62.00 and set a “hold” rating on the stock in a report on Monday, March 30th. Finally, Piper Sandler boosted their price target on shares of Freshpet from $80.00 to $87.00 and gave the company an “overweight” rating in a report on Wednesday, February 4th. Ten research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $75.75.

Freshpet Trading Down 2.7%

Shares of FRPT stock opened at $64.80 on Friday. Freshpet has a 1 year low of $46.76 and a 1 year high of $89.80. The firm’s fifty day simple moving average is $70.49 and its 200 day simple moving average is $62.81. The firm has a market capitalization of $3.18 billion, a P/E ratio of 25.21, a price-to-earnings-growth ratio of 2.15 and a beta of 1.78. The company has a current ratio of 5.54, a quick ratio of 4.57 and a debt-to-equity ratio of 0.35.

Freshpet (NASDAQ:FRPT) last announced its earnings results on Monday, February 23rd. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.21. Freshpet had a net margin of 12.63% and a return on equity of 6.93%. The business had revenue of $285.23 million for the quarter, compared to analyst estimates of $285.66 million. During the same quarter in the previous year, the firm posted $0.36 earnings per share. Freshpet’s revenue was up 8.6% compared to the same quarter last year. As a group, sell-side analysts predict that Freshpet will post 1.55 EPS for the current year.

Institutional Investors Weigh In On Freshpet

Several institutional investors and hedge funds have recently bought and sold shares of the business. Optimize Financial Inc increased its holdings in Freshpet by 1.4% in the 4th quarter. Optimize Financial Inc now owns 10,957 shares of the company’s stock valued at $668,000 after buying an additional 156 shares during the period. Oregon Public Employees Retirement Fund grew its holdings in shares of Freshpet by 1.5% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 11,164 shares of the company’s stock worth $680,000 after purchasing an additional 161 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of Freshpet by 55.0% in the 3rd quarter. Parallel Advisors LLC now owns 555 shares of the company’s stock worth $31,000 after purchasing an additional 197 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of Freshpet by 32.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 882 shares of the company’s stock worth $53,000 after purchasing an additional 214 shares during the last quarter. Finally, Ossiam grew its holdings in shares of Freshpet by 81.1% in the 2nd quarter. Ossiam now owns 509 shares of the company’s stock worth $35,000 after purchasing an additional 228 shares during the last quarter.

Key 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.

About Freshpet

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.