Canaccord raises target for YETI stock from USD 45.00 to USD 46.00

Published on 10/05/2026 at 13:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

YETI revenue hit USD 483.87 million in the second quarter. YETI stock costs EUR 36.50 on October 5, 2026 after EUR 36.30, plus 0.55 percent.

YETI, US98585X1046, Illustration mit AI erstellt.

YETI stock (ISIN US98585X1046) was trading at EUR 36.50 at Lang & Schwarz on October 5, 2026 at 1:01 p.m. CEST, up 0.55 percent versus the prior close of EUR 36.30. According to MarketBeat on September 28, 2026, Canaccord Genuity raised its YETI price target from USD 45.00 to USD 46.00 while maintaining a Hold rating.

Canaccord lifts target to USD 46.00

The adjustment puts the analyst view above the USD 45.00 level previously assigned to YETI. MarketBeat reported that the target change followed a research note issued to clients and investors, while the firm kept its Hold assessment.

The target revision is modest, but it gives the stock a concrete valuation reference as YETI works through a broader growth plan. The company is expanding beyond drinkware into bags, soft coolers, gear and equipment, and international markets.

YETI keeps fiscal 2026 targets

At its September 17, 2026 Investor Day, YETI reiterated fiscal 2026 sales growth of 7.00 percent to 8.00 percent, adjusted operating income growth of 10.00 percent to 12.00 percent, and adjusted earnings per share of USD 2.94 to USD 3.00. The figures come from YETI's Investor Day release dated September 17, 2026.

The same release set a fiscal 2026 adjusted operating margin outlook of 14.90 percent and free cash flow guidance of USD 200 million to USD 225 million. Through fiscal 2030, YETI targets cumulative free cash flow of USD 1.2 billion to USD 1.4 billion, linking product expansion with a stated capital-return strategy.

Second-quarter revenue rose 8.50 percent

According to MarketBeat, YETI generated USD 483.87 million in revenue in the second quarter of 2026, up 8.50 percent from the same quarter a year earlier. Earnings per share reached USD 0.67 versus a USD 0.54 consensus estimate.

That comparison matters because the latest operating picture combines revenue growth with an earnings beat, while the full-year plan depends on continued product innovation and international expansion. The company also identifies bags and soft coolers as its next billion-dollar product platform.

Stock remains below its yearly high

YETI was valued at USD 3.1 billion on October 2, 2026, based on the latest primary-market context. Its NYSE 52-week range was USD 31.66 to USD 53.99 on that date, leaving the Lang & Schwarz euro quotation as a separate German-market reference rather than a direct comparison with the dollar range.

At Lang & Schwarz, YETI stood at EUR 36.50 in trading on October 5, 2026 at 1:01 p.m. CEST, plus 0.55 percent versus the EUR 36.30 prior close. The company remains tied to a USD 46.00 Canaccord target and fiscal 2026 adjusted earnings per share guidance of USD 2.94 to USD 3.00.