Freshpet Price Target Lowered to $70 by Truist Securities, Maintains Hold Rating

Truist Securities analyst Bill Chappell has maintained a "Hold" rating on Freshpet (FRPT) while lowering the price target from $80 to $70, a 12.5% decrease. The average one-year price target for Freshpet is $98.39, with a high estimate of $158 and a low estimate of $65. The average brokerage recommendation is 2.0, indicating "Outperform" status. GuruFocus estimates the GF Value for Freshpet in one year to be $139.66, suggesting a 103.02% upside from the current price of $68.79.

Freshpet Inc. (NASDAQ: FRPT) has seen mixed signals from analysts recently, with some adjusting their ratings and price targets. Truist Securities analyst Bill Chappell, for instance, has maintained a "Hold" rating on Freshpet while lowering the price target from $80 to $70, a 12.5% decrease [1]. This move comes amidst a broader market sentiment that has seen the average one-year price target for Freshpet fall to $98.39, with estimates ranging from $158 to $65 [1].

The average brokerage recommendation for Freshpet stands at 2.0, indicating an "Outperform" status. However, the company has faced a recent downgrade from Truist Financial, which reduced its recommendation from "buy" to "hold" and cut the price target from $90.00 to $80.00 [1]. Additionally, other analysts have also adjusted their ratings, with Robert W. Baird dropping its target price from $125.00 to $115.00 and setting an "outperform" rating [1].

Despite these mixed signals, GuruFocus estimates the GF Value for Freshpet in one year to be $139.66, suggesting a potential 103.02% upside from the current price of $68.79 [1]. This estimate highlights the potential for significant growth in Freshpet's stock price.

Freshpet, a manufacturer and distributor of natural fresh meals and treats for dogs and cats, has recently reported a net income of $0.09 per share for the last quarter, missing analysts' expectations [1]. However, the company has seen a year-over-year revenue increase of 17.6% despite lower than anticipated figures [1]. Several institutional investors have also been adjusting their holdings in Freshpet, with Picton Mahoney Asset Management decreasing its holdings by 95.7% in the first quarter [1].

In conclusion, Freshpet faces a mix of positive and negative analyst sentiment, with some analysts maintaining a "Hold" rating while others have adjusted their price targets. Despite these mixed signals, the potential for significant growth in Freshpet's stock price remains a possibility, as indicated by GuruFocus's GF Value estimate.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-freshpet-inc-nasdaqfrpt-shares-sold-by-picton-mahoney-asset-management-2025-08-01/