FRPT Price Prediction Next Week
Analysis and Insights
News Sentiment and Analyst Updates:
Freshpet (FRPT) has seen mixed sentiment in recent news. JPMorgan lowered its price target from $154 to $102, citing concerns over consumption trends and potentially optimistic future estimates. However, other analysts have shown cautious optimism, with some upgrades indicating ongoing interest in the company's performance.
Technical Analysis:
The stock is currently trading at $89.305 as of the latest data. Key technical indicators suggest a bearish trend:
- RSI (14): 27.95, indicating oversold conditions.
- MACD: -13.46, showing bearish momentum.
- Stochastic Oscillator: 5.61, also in oversold territory.
Fibonacci levels indicate key support at $92.33 and $87.14, with a pivot point at $100.75.
Options Activity:
High options trading volume, particularly in the $90 strike put option, suggests bearish sentiment among options traders.
Price Prediction:
Based on the technical indicators and news sentiment, the stock is likely to continue its downward trend. The next trading week could see the price testing the lower Fibonacci support levels.
Predicted Price: $85.00
Recommendation: Sell
FRPT Similar Chart Price Prediction
The price of FRPT is predicted to go up -30.74%, based on the high correlation periods with VRCA. The similarity of these two price pattern on the periods is 99.04%.
FRPT
VRCA
Down: -30.74%Similarity: 99.04%
FRPT Revenue Forecast
FRPT EPS Forecast
FRPT FAQs
What is FRPT revenue forecast for next quarter？
FRPT VS S&P500
Freshpet's focus on premium fresh food exposes it to the fastest growing segment in pet food, which should help drive robust growth for years to come.
Freshpet's refrigerator installation gives it a leg up against competition which seeks to enter the fresh pet food market and lacks the necessary shelf space.
Rising pet ownership and ongoing pet humanization trends create tailwinds for Freshpet's premium offering.
FRPT Analyst's Forecast
Thomas Palmer
Citigroup
Hold
2025-02-12
Price Target
$155 → $142
Upside
+8.16%
Citi lowered the firm's price target on Freshpet to $142 from $155 and keeps a Neutral rating on the shares ahead of the Q4 report. The company is riding a five-quarter streak of sales and EBITDA beats, and another one seems possible in Q4, the analyst tells investors in a research note. The firm says that for 2025 sales growth, the consensus estimate of 24.7% "could ultimately be achievable," but adds it is not confident Freshpet will initially guide to it. Given the "abrupt" share pullback this week, the setup seems constructive into the earnings print, contends Citi.
Rupesh Parikh
Oppenheimer
Buy
2024-11-14
Price Target
$155 → $180
Upside
+19.34%
Mark Astrachan
Stifel
Strong Buy
2024-11-06
Price Target
$155 → $165
Upside
+6.27%
