Freshpet, Inc. (FRPT) Stock Price & Analysis

Freshpet, Inc. (FRPT) closed at USD 67 on Thursday, October 22, 2026, up 7.06% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 62.58; the Oct 22, 2026 session ranged USD 62.83–67.37 on volume of 1,332,513 shares. Market capitalization is $3.22B, with a 52-week range of USD 46.45–86 (NGM). Source: Nexqual, retrieved October 23, 2026 at 10:37 UTC.

Also available as compact Markdown for AI agents: nexqual.com/FRPT.md

Key facts (FRPT)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (FRPT)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$425M$595M$767M$975M$1.10B$1.18B
Gross profit$162M$186M$251M$396M$450M—
Operating income-$24.7M-$52.0M-$30.4M$38.0M$75.7M$95.4M
Net income-$29.7M-$59.5M-$33.6M$46.9M$139M$203M
EPS (diluted)-$0.69-$1.29-$0.70$0.93$2.64—
Free cash flow-$321M-$273M-$163M-$32.8M$12.4M$61.0M
Gross margin38.1%31.2%32.7%40.6%40.8%—
Operating margin-5.8%-8.7%-4.0%3.9%6.9%8.1%
Net margin-7.0%-10.0%-4.4%4.8%12.6%17.3%
Revenue growth+33.5%+39.9%+28.8%+27.2%+13.0%—
Cash + short-term investments$72.8M$153M$297M$269M——
Total debt$0K$0K$393M$395M$397M—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (FRPT)

P/E 15.8x · P/E ex non-operating (est.) ≈22.9x · P/S 2.7x · P/FCF 52.7x · P/B 2.6x · FCF yield 1.90% · Earnings yield 6.32%

P/E at fiscal year-ends: Dec 2025 24.5x, Dec 2024 158.6x.

Superinvestors (SEC 13F-HR, Q2 2026) (FRPT)

1 of 80 tracked investors hold FRPT. Each row is the investor's latest 13F; change is vs their prior-quarter share count.

InvestorFirm% of portfolioValueChange
Glenn WellingEngaged Capital8.87%$28.7MNew position

Insider sales (SEC Form 4, open-market, last ~7 months) (FRPT)

10 of 10 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

Trade dateInsiderRoleSharesValue% of holdings sold10b5-1 planInsider type
2026-08-26Cyr William B.Chief Executive Officer39,664$3.0M6.2%Yes (adopted November 5, 2025)Too little history (no open-market trades in 2023–2025)
2026-08-21…2026-08-24Cyr William B.Chief Executive Officer87,905$6.6M13.4%Yes (adopted November 5, 2025)Too little history (no open-market trades in 2023–2025)
2026-08-19Cyr William B.Chief Executive Officer44,078$3.3M8.3%Yes (adopted November 5, 2025)Too little history (no open-market trades in 2023–2025)
2026-08-17Cyr William B.Chief Executive Officer44,067$3.2M9%Yes (adopted November 5, 2025)Too little history (no open-market trades in 2023–2025)
2026-08-14Cyr William B.Chief Executive Officer44,069$3.2M9.8%Yes (adopted November 5, 2025)Too little history (no open-market trades in 2023–2025)
2026-05-22Cyr William B.Chief Executive Officer46,814$2.4M11.3%Yes (adopted November 5, 2025)Too little history (no open-market trades in 2023–2025)
2026-05-20Cyr William B.Chief Executive Officer47,582$2.3M12.6%Yes (adopted November 5, 2025)Too little history (no open-market trades in 2023–2025)
2026-05-15…2026-05-18Cyr William B.Chief Executive Officer94,364$4.6M24.3%Yes (adopted November 5, 2025)Too little history (no open-market trades in 2023–2025)
2026-05-13Cyr William B.Chief Executive Officer46,818$2.3M17.6%Yes (adopted November 5, 2025)Too little history (no open-market trades in 2023–2025)
2026-05-11Cyr William B.Chief Executive Officer46,502$2.4M20.3%Yes (adopted November 5, 2025)Too little history (no open-market trades in 2023–2025)

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Insider purchases (SEC Form 4, open-market, last ~7 months) (FRPT)

7 purchases, $523K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.

Trade dateInsiderRoleSharesValueAvg priceInsider type
2026-09-14George Walter N.Director1,000$65K64.92Too little history (no open-market trades in 2024)
2026-05-20Brewster Daryl GDirector211$10K47.52Too little history (no open-market trades in 2023 or 2024)
2026-05-20Steeneck Craig D.Director2,000$96K47.83Too little history (no open-market trades in 2023 or 2024)
2026-05-18McLevish Timothy RDirector3,000$146K48.67Too little history (no open-market trades in 2023 or 2024)
2026-05-18Biegger DavidDirector1,000$49K49.14Too little history (no open-market trades in 2023 or 2024)
2026-05-18Kelley Jacki SueDirector1,000$48K48.05Too little history (no open-market trades in 2023 or 2024)
2026-05-08George Walter N.Director2,000$109K54.67Too little history (no open-market trades in 2024)

Analysts (FRPT)

Consensus Buy (mean 2.11 on a 1–5 scale), 18 analysts; mean target USD 83.31 (low 67, high 104).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-13TD CowenTarget loweredBuy$85 → $80
2026-10-05Wells FargoTarget loweredOverweight$82 → $77
2026-10-01NeedhamInitiatedHold
2026-08-06DA DavidsonTarget loweredBuy$101 → $95
2026-08-06TD CowenTarget raisedBuy$80 → $85
2026-08-06StifelTarget raisedBuy$66 → $78
2026-08-06Morgan StanleyDowngradeOverweight → Equal-Weight$77 → $72
2026-07-28JP MorganTarget raisedOverweight$68 → $72
2026-07-08Wells FargoTarget loweredOverweight$75 → $70
2026-07-01B of A SecuritiesTarget loweredNeutral$75 → $70

Total return (dividends reinvested) (FRPT)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return+23.6%-56.3%
S&P 500 (SPY)+14.9%+80.3%
Per year+23.7%-15.2%
Volatility (annualized)48.6%51.4%
Max drawdown-44.6% (Mar 2026→May 2026)-74.7% (Oct 2021→Sep 2022)

FRPT suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
CustomerWalmart (WMT)“In 2025, our largest distributor by net sales accounted for less than 10% of our net sales and our largest customers, Walmart and Costco, accounted for 25% and 10% of our net sales, respectively.”
CustomerCostco (COST)“In 2025, our largest distributor by net sales accounted for less than 10% of our net sales and our largest customers, Walmart and Costco, accounted for 25% and 10% of our net sales, respectively.”

Quoted from the company's 10-K filed Feb 23, 2026.

FRPT customer concentration

In the period ended Jun 30, 2026, 3 direct customers each accounted for at least 10% (25%, 12%, 7%) of revenue, per the company's 10-Q filed Aug 5, 2026. The company does not name them.

FRPT analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$0.36$0.37-4.7%$310.3M4
Next quarter (ends Dec 2026)$0.56$0.62-10.2%$312.8M4
Current fiscal year (ends Dec 2026)$1.67$1.68-0.9%$1.23B5
Next fiscal year (ends Dec 2027)$1.94$1.80+7.7%$1.33B6

Key Statistics (as of October 23, 2026 at 10:37 UTC)

PriceUSD 67
Change▲ 7.06% (up)
Previous CloseUSD 62.58
OpenUSD 63.04
Day RangeUSD 62.83 – 67.37
52-Week RangeUSD 46.45 – 86
Volume1,332,513 shares
Market Cap$3.22B
ExchangeNGM

Technical Analysis (FRPT)

Nexqual's technical model rates FRPT "STRONG BUY" based on 5 bullish and 0 bearish signals across 127 daily candles, as of October 23, 2026 at 10:37 UTC.

Overall SignalSTRONG BUY
RSI (14)54.08 (neutral)
vs SMA50Above (USD 66.18)
MACD0.72 (positive)

Analyst Ratings (FRPT)

Wall Street analysts rate FRPT "Buy" based on 18 analysts, with a mean price target of USD 83.31 (range USD 67–104), per Nexqual as of October 23, 2026 at 10:37 UTC.

Consensus RatingBuy
Analyst Count18
Mean TargetUSD 83.31
High TargetUSD 104
Low TargetUSD 67
Buy / Hold / Sell13 / 5 / 0

Earnings (FRPT)

Next Earnings Date2026-11-04
EPS EstimateUSD 0.36
Revenue Estimate$310.32M

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD 0.29 vs est 0.22 ▲ beat
2026-03-31USD 0.17 vs est 0.09 ▲ beat
2025-12-31USD 0.62 vs est 0.48 ▲ beat
2025-09-30USD 1.83 vs est 0.4 ▲ beat

Source: Nexqual, October 23, 2026 at 10:37 UTC.

Financials & Fundamentals (FRPT)

Total Revenue$1.18B
Revenue Growth (latest quarter, YoY)+15.50%
Gross Margin+41.37%
Operating Margin+7.11%
Profit Margin+17.28%
ROE+17.62%
Debt / Equity0.4
Current Ratio6.05
Total Cash$350.81M
Total Debt$493.66M
Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K)$61.05M (5.2% of revenue)

Source: Nexqual, October 23, 2026 at 10:37 UTC.

Financial Health Score (FRPT)

Nexqual rates Freshpet, Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 10:37 UTC.

GrowthSolid — Revenue +13% YoY (annual)
ProfitabilityStrong — Gross margin 41%, operating 7% (last 12 months)
Balance SheetStrong — $351M cash vs $494M debt
Cash FlowSolid — FCF $61M (last 4 quarters to Jun 2026, SEC), 5% margin
EfficiencySolid — ROE 18%, ROA 3.5%

Ownership (FRPT)

Insider Ownership+2.07%
Institutional Ownership+134.21%
Shares Outstanding48.06M
Float46.92M
Short % of Float+19.43%

Source: Nexqual, October 23, 2026 at 10:37 UTC.

Leadership (FRPT)

Freshpet, Inc. is led by William B. Cyr, CEO & Executive Director, per Nexqual as of October 23, 2026 at 10:37 UTC.

CEO & Executive DirectorWilliam B. Cyr
Senior Vice President of FinanceIvan Garcia
Chief Financial OfficerJohn O'Connor
Vice President of Investor Relations & Corporate CommunicationsRachel Perkins-Ulsh
Senior Vice President of SalesThomas Farina

Major Backers & Investors (FRPT)

Notable institutional backers of Freshpet, Inc. include Capital Group, SmallCap World Fund Inc, Wasatch Advisors LP, according to Nexqual as of October 23, 2026 at 10:37 UTC.

Active Investors

InvestorStake
Capital Group6.19%
SmallCap World Fund Inc6.03%
Wasatch Advisors LP5.99%
Wellington Management5.76%
Bank of Montreal /CAN/4.04%
Alliancebernstein L.P.3.82%
William Blair Investment Management, LLC3.69%

Index Funds (Passive)

FundStake
BlackRock11.98%
Vanguard Group10.51%
State Street3.26%

Source: Nexqual, October 23, 2026 at 10:37 UTC.

From Freshpet, Inc.'s Latest SEC 10-K Filing (filed 2026-02-23)

Key Strengths & Strategy (as disclosed to the SEC)

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:37 UTC. This page is informational and not investment advice.

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