Yeti Holdings reaches 52-week high amid market decline
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 08 Jan 26
Source: Coinmarketcap
Yeti Holdings Inc experienced a price increase of 5.37%, reaching a 52-week high, despite the broader market's downturn with the Nasdaq-100 down 0.81% and the S&P 500 down 0.12%.
This rise is attributed to sector rotation as investors are shifting their focus towards companies with strong growth potential, such as Yeti Holdings, which has been performing well in the competitive outdoor products market. The company's recent performance indicates a positive outlook, contrasting with the overall market weakness.
The implications of this movement suggest that Yeti Holdings is gaining traction among investors, potentially leading to increased interest and investment in the company as it continues to capitalize on its growth opportunities.
Analyst Views on YETI
Wall Street analysts forecast YETI stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for YETI is 42.50 USD with a low forecast of 35.00 USD and a high forecast of 70.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
4 Buy
9 Hold
0 Sell
Moderate Buy
Current: 45.710
Low
35.00
Averages
42.50
High
70.00
Current: 45.710
Low
35.00
Averages
42.50
High
70.00
About YETI
YETI Holdings, Inc. is a designer, retailer, and distributor of outdoor products. The Company's product portfolio consists of three categories: Coolers & Equipment; Drinkware, and Other. Its Coolers & Equipment family is comprised of hard coolers, soft coolers, cargo, bags, outdoor living, and associated accessories. Its hard cooler category includes YETI Tundra, YETI Roadie, YETI V Series hard coolers, YETI TANK ice, and YETI Silo 6G water cooler. The Hopper soft cooler product line includes Hopper M15 Soft Cooler, Hopper M12 Soft Backpack Cooler, Hopper M30 Soft Cooler, Hopper Flip Soft Cooler, and Daytrip Lunch Bag, among others. Its Drinkware product line consists of Rambler Colsters, Rambler Lowball, Rambler Wine Tumblers, Rambler Stackable Pints, Rambler Mugs, Rambler Tumblers, Rambler Straw Mugs and Cups, Rambler Bottles, Rambler Jugs, and Yonder Water Bottles. The Other category offers an array of apparel and gear, such as hats, shirts, bottle openers and ice substitutes.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
