FRPT logo

Freshpet, Inc.NasdaqGM:FRPT Stock Report

Market Cap US$3.0b
Share Price
US$62.70
My Fair Value
US$94
33.4% undervalued intrinsic discount
1Y-52.0%
7D-7.0%
Portfolio Value
​
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Freshpet, Inc.

NasdaqGM:FRPT Stock Report

Market Cap: US$3.0b

Freshpet (FRPT) Stock Overview

Manufactures, distributes, and markets natural fresh meals and treats for dogs and cats in the United States, Canada, and Europe. More details

FRPT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance4/6
Financial Health4/6
Dividends0/6

Rewards

Trading at 51.2% below our estimate of its fair value

Earnings are forecast to grow 32.07% per year

Earnings grew by 34.5% over the past year

Risk Analysis

Large one-off items impacting financial results


FRPT Community Fair Values

Create Narrative

See what 21 others think this stock is worth. Follow their fair value or set your own to get alerts.

FRPT logo
Freshpet

Digital And Production Upgrades Will Unlock Long Term Potential

Key Takeaways Enhanced production efficiency, digital expansion, and health-focused innovation are improving Freshpet's margins, competitive position, and prospects for top-line growth. Strong brand loyalty and retailer partnerships support sustainable market share gains as industry trends favor premium, fresh pet food and omni-channel purchasing.
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US$95.38
FV
34.3% undervalued intrinsic discount
15.98%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
10users have followed this narrative
7 days ago author updated this narrative
FRPT logo
Freshpet

Slowing Household Formation And Rising Costs Will Weaken Pet Prospects

Key Takeaways Weakening pet adoption trends and consumer trade-down are suppressing Freshpet's growth prospects and limiting its path to higher revenues. Reliance on costly supply chains and regulatory risks threaten profitability, while rising competition undermines pricing power and market share.
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US$65.00
FV
3.5% undervalued intrinsic discount
11.40%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
4 days ago author updated this narrative
FRPT logo
Freshpet

Secular Trends And New Production Will Unlock Premium Pet Demand

Key Takeaways Freshpet is poised for accelerated margin expansion and free cash flow growth, driven by production advances, operational improvements, and underappreciated total addressable market potential. Category innovation, digital expansion, and premiumization trends support durable volume, pricing power, and long-term revenue runway well above current expectations.
View narrative
US$135.01
FV
53.6% undervalued intrinsic discount
15.57%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
5 days ago author updated this narrative
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Freshpet, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Freshpet
Historical stock prices
Current Share PriceUS$62.70
52 Week HighUS$164.07
52 Week LowUS$61.60
Beta1.77
1 Month Change-8.32%
3 Month Change-20.41%
1 Year Change-51.96%
3 Year Change28.83%
5 Year Change-43.53%
Change since IPO228.10%

Recent News & Updates

We Think Freshpet's (NASDAQ:FRPT) Robust Earnings Are Conservative

Aug 11
We Think Freshpet's (NASDAQ:FRPT) Robust Earnings Are Conservative

Results: Freshpet, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Aug 07
Results: Freshpet, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Freshpet: ICE Policies Threaten Supply Chain Ahead Of Q2 Earnings

Aug 04

Investors Will Want Freshpet's (NASDAQ:FRPT) Growth In ROCE To Persist

Jul 11
Investors Will Want Freshpet's (NASDAQ:FRPT) Growth In ROCE To Persist

Recent updates

We Think Freshpet's (NASDAQ:FRPT) Robust Earnings Are Conservative

Aug 11
We Think Freshpet's (NASDAQ:FRPT) Robust Earnings Are Conservative

Results: Freshpet, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Aug 07
Results: Freshpet, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Freshpet: ICE Policies Threaten Supply Chain Ahead Of Q2 Earnings

Aug 04

Investors Will Want Freshpet's (NASDAQ:FRPT) Growth In ROCE To Persist

Jul 11
Investors Will Want Freshpet's (NASDAQ:FRPT) Growth In ROCE To Persist

Is There An Opportunity With Freshpet, Inc.'s (NASDAQ:FRPT) 48% Undervaluation?

Jun 19
Is There An Opportunity With Freshpet, Inc.'s (NASDAQ:FRPT) 48% Undervaluation?

Is It Time To Consider Buying Freshpet, Inc. (NASDAQ:FRPT)?

May 20
Is It Time To Consider Buying Freshpet, Inc. (NASDAQ:FRPT)?

Freshpet (NASDAQ:FRPT) Has A Pretty Healthy Balance Sheet

Apr 08
Freshpet (NASDAQ:FRPT) Has A Pretty Healthy Balance Sheet

We Like These Underlying Return On Capital Trends At Freshpet (NASDAQ:FRPT)

Mar 24
We Like These Underlying Return On Capital Trends At Freshpet (NASDAQ:FRPT)

A Look At The Intrinsic Value Of Freshpet, Inc. (NASDAQ:FRPT)

Mar 09
A Look At The Intrinsic Value Of Freshpet, Inc. (NASDAQ:FRPT)

Freshpet: A Big And Unexpected Plunge

Feb 22

With A 32% Price Drop For Freshpet, Inc. (NASDAQ:FRPT) You'll Still Get What You Pay For

Feb 21
With A 32% Price Drop For Freshpet, Inc. (NASDAQ:FRPT) You'll Still Get What You Pay For

Is Freshpet, Inc. (NASDAQ:FRPT) Potentially Undervalued?

Feb 06
Is Freshpet, Inc. (NASDAQ:FRPT) Potentially Undervalued?

Why Investors Shouldn't Be Surprised By Freshpet, Inc.'s (NASDAQ:FRPT) P/S

Dec 23
Why Investors Shouldn't Be Surprised By Freshpet, Inc.'s (NASDAQ:FRPT) P/S

Freshpet, Inc. (NASDAQ:FRPT) Shares Could Be 46% Below Their Intrinsic Value Estimate

Nov 30
Freshpet, Inc. (NASDAQ:FRPT) Shares Could Be 46% Below Their Intrinsic Value Estimate

Freshpet: Happy Pets, Happy Investors

Nov 29

There May Be Underlying Issues With The Quality Of Freshpet's (NASDAQ:FRPT) Earnings

Nov 12
There May Be Underlying Issues With The Quality Of Freshpet's (NASDAQ:FRPT) Earnings

Returns Are Gaining Momentum At Freshpet (NASDAQ:FRPT)

Oct 29
Returns Are Gaining Momentum At Freshpet (NASDAQ:FRPT)

These 4 Measures Indicate That Freshpet (NASDAQ:FRPT) Is Using Debt Reasonably Well

Oct 14
These 4 Measures Indicate That Freshpet (NASDAQ:FRPT) Is Using Debt Reasonably Well

Freshpet: Building A Tasty Competitive Edge To Strengthen Growth And Profitability

Sep 18

Is Now An Opportune Moment To Examine Freshpet, Inc. (NASDAQ:FRPT)?

Sep 11
Is Now An Opportune Moment To Examine Freshpet, Inc. (NASDAQ:FRPT)?

Freshpet's Profits Are Growing, But Its Stock Is Overvalued

Sep 02
author-image

Expanding Production And Decisive Market Penetration Set To Boost Long-Term Revenue Growth

Expansion and optimization of production capacity aim to sustain revenue growth by meeting increased demand, coupled with operational efficiencies enhancing margins.

Getting In Cheap On Freshpet, Inc. (NASDAQ:FRPT) Might Be Difficult

Aug 23
Getting In Cheap On Freshpet, Inc. (NASDAQ:FRPT) Might Be Difficult

Freshpet, Inc. (NASDAQ:FRPT) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year

Aug 08
Freshpet, Inc. (NASDAQ:FRPT) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year

A Look At The Intrinsic Value Of Freshpet, Inc. (NASDAQ:FRPT)

Jul 16
A Look At The Intrinsic Value Of Freshpet, Inc. (NASDAQ:FRPT)

Freshpet: Anticipating Strong Growth And Positive Earnings In 2024 (Upgrade)

Jul 01

Freshpet (NASDAQ:FRPT) Seems To Use Debt Quite Sensibly

Jun 30
Freshpet (NASDAQ:FRPT) Seems To Use Debt Quite Sensibly

Returns On Capital Are Showing Encouraging Signs At Freshpet (NASDAQ:FRPT)

Jun 13
Returns On Capital Are Showing Encouraging Signs At Freshpet (NASDAQ:FRPT)

What Does Freshpet, Inc.'s (NASDAQ:FRPT) Share Price Indicate?

May 28
What Does Freshpet, Inc.'s (NASDAQ:FRPT) Share Price Indicate?

There May Be Underlying Issues With The Quality Of Freshpet's (NASDAQ:FRPT) Earnings

May 13
There May Be Underlying Issues With The Quality Of Freshpet's (NASDAQ:FRPT) Earnings

With Freshpet, Inc. (NASDAQ:FRPT) It Looks Like You'll Get What You Pay For

Apr 26
With Freshpet, Inc. (NASDAQ:FRPT) It Looks Like You'll Get What You Pay For

Freshpet, Inc. (NASDAQ:FRPT) Analysts Are Pretty Bullish On The Stock After Recent Results

Feb 29
Freshpet, Inc. (NASDAQ:FRPT) Analysts Are Pretty Bullish On The Stock After Recent Results

Freshpet (NASDAQ:FRPT) Is Making Moderate Use Of Debt

Feb 20
Freshpet (NASDAQ:FRPT) Is Making Moderate Use Of Debt

Short Freshpet: Replaceable Product, No Moat

Feb 12

Why Investors Shouldn't Be Surprised By Freshpet, Inc.'s (NASDAQ:FRPT) P/S

Dec 28
Why Investors Shouldn't Be Surprised By Freshpet, Inc.'s (NASDAQ:FRPT) P/S

Does Freshpet (NASDAQ:FRPT) Have A Healthy Balance Sheet?

Nov 02
Does Freshpet (NASDAQ:FRPT) Have A Healthy Balance Sheet?

Freshpet, Inc. (NASDAQ:FRPT) Not Lagging Industry On Growth Or Pricing

Jul 05
Freshpet, Inc. (NASDAQ:FRPT) Not Lagging Industry On Growth Or Pricing

Here's Why Freshpet (NASDAQ:FRPT) Can Afford Some Debt

Jun 08
Here's Why Freshpet (NASDAQ:FRPT) Can Afford Some Debt

Health Check: How Prudently Does Freshpet (NASDAQ:FRPT) Use Debt?

Jan 16
Health Check: How Prudently Does Freshpet (NASDAQ:FRPT) Use Debt?

Is Freshpet, Inc. (NASDAQ:FRPT) Potentially Undervalued?

Dec 10
Is Freshpet, Inc. (NASDAQ:FRPT) Potentially Undervalued?

Freshpet: Shares Haven't Fallen Enough Yet

Sep 21

Shareholder Returns

FRPTUS FoodUS Market
7D-7.0%-0.2%2.2%
1Y-52.0%-12.4%19.6%

Return vs Industry: FRPT underperformed the US Food industry which returned -11.8% over the past year.

Return vs Market: FRPT underperformed the US Market which returned 19.4% over the past year.

Price Volatility

Is FRPT's price volatile compared to industry and market?
FRPT volatility
FRPT Average Weekly Movement6.8%
Food Industry Average Movement4.9%
Market Average Movement6.4%
10% most volatile stocks in US Market17.5%
10% least volatile stocks in US Market3.0%

Stable Share Price: FRPT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: FRPT's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20041,296Billy Cyrwww.freshpet.com

Freshpet, Inc., together with its subsidiaries, manufactures, distributes, and markets natural fresh meals and treats for dogs and cats in the United States, Canada, and Europe. It offers dog food, cat food, and dog treats under the Freshpet brand name; and fresh treats under the Dognation and Dog Joy brand names. The company sells its products through a network of company-owned branded refrigerators, the Freshpet Fridges, as well as through various classes of retail, including grocery, mass, club, pet specialty, and natural, as well as online.

Freshpet, Inc. Fundamentals Summary

How do Freshpet's earnings and revenue compare to its market cap?
FRPT fundamental statistics
Market capUS$3.04b
Earnings (TTM)US$33.68m
Revenue (TTM)US$1.04b
90.8x
P/E Ratio
2.9x
P/S Ratio

Is FRPT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FRPT income statement (TTM)
RevenueUS$1.04b
Cost of RevenueUS$618.19m
Gross ProfitUS$425.82m
Other ExpensesUS$392.15m
EarningsUS$33.68m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.69
Gross Margin40.79%
Net Profit Margin3.23%
Debt/Equity Ratio37.0%

How did FRPT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/12 17:52
End of Day Share Price 2025/08/12 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Freshpet, Inc. is covered by 37 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Peter BenedictBaird
John LawrenceBenchmark Company
Todd BrooksBenchmark Company