TD Cowen cuts target to USD 80.00 for Freshpet stock

Published on 10/17/2026 at 19:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 15.40 percent to USD 305.59 million. Freshpet stock costs EUR 56.56 on October 16, 2026, minus 0.21 percent versus Xetra close.

Target and quarterly schedule

TD Cowen lowered its Freshpet target to USD 80.00 on October 13, 2026.
Second-quarter revenue rose 15.40 percent to USD 305.59 million.
Freshpet stock costs EUR 56.56 at gettex on October 16, 2026 at 8:43 p.m. CEST, 0.21 percent below the Xetra close of October 16, 2026.
Freshpet plans to report third-quarter 2026 results on November 4, 2026.

FRPT, US3580391056, Illustration mit AI erstellt.

TD Cowen lowered its Freshpet price target from USD 85.00 to USD 80.00 on October 13, 2026, while keeping a Buy rating, according to MarketBeat. The target sits 20.04 percent above the Nasdaq price of USD 66.63 on October 16, 2026. Freshpet stock last stood at EUR 56.56 at gettex on October 16, 2026 at 8:43 p.m. CEST, 0.21 percent below the Xetra close of October 16, 2026.

Revenue growth sets the next test

Freshpet generated USD 305.59 million in second-quarter 2026 revenue, an increase of 15.40 percent from the year-earlier quarter. The company also reported diluted earnings per share of USD 0.39 for that period, above the USD 0.22 consensus estimate, according to MarketBeat. Operating cash flow was USD 44.43 million in the second quarter of 2026.

Stock sits within its yearly range

Freshpet's Nasdaq price of USD 66.63 on October 16, 2026 was between its 52-week low of USD 46.45 and high of USD 86.00. That leaves the stock 22.52 percent below the high and 43.45 percent above the low. The shares had gained 9.87 percent over the preceding month, while the S&P 500 had declined 2.44 percent over the same period, according to Zacks.

Valuation and the next report

Freshpet had a market capitalization of USD 3.3 billion and a trailing P/E ratio of 17.53 on October 16, 2026. Its average analyst target was USD 75.44, based on 19 analysts, according to MarketBeat. Freshpet is scheduled to report third-quarter 2026 results on November 4, 2026, according to Freshpet.

Comparison with peers

Freshpet (Nasdaq, USD): minus 1.51 percent, P/E 17.53, market capitalization USD 3.3 billion
Zoetis (NYSE, USD): plus 1.15 percent, P/E 13.07, market capitalization USD 32.8 billion
Chewy (NYSE, USD): minus 1.60 percent, P/E 31.77, market capitalization USD 8.4 billion

What the next quarter must show

The next report will test whether Freshpet can extend the 15.40 percent revenue growth recorded in the second quarter. Analysts expect third-quarter revenue of USD 308.51 million and earnings per share of USD 0.40, according to Zacks. The scheduled November 4, 2026 release is the next dated company event.

Stock price and investor frame

Freshpet stock stood at EUR 56.56 at gettex on October 16, 2026 at 8:43 p.m. CEST, 0.21 percent below the Xetra close of October 16, 2026 at EUR 56.68. On Nasdaq, the stock last traded at USD 66.63 on October 16, 2026 at 4:00 p.m. ET.