{
  "id": 1952243,
  "title": "Benchmark reiterates Freshpet stock rating after management meeting",
  "url": "https://urgent.news/2026/08/19/benchmark-reiterates-freshpet-stock-rating-after-management-meeting",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-19T14:34:46.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/benchmark-reiterates-freshpet-stock-rating-after-management-meeting-93CH-4867814"
  },
  "original_language": "en",
  "account": "Investing.com reports that Benchmark analyst Todd Brooks has reaffirmed a Buy rating and $93.00 price target for Freshpet (NASDAQ:FRPT) after a management meeting. The stock is currently trading at $74.07, up 19.2% year-to-date, and is considered undervalued relative to its Fair Value by InvestingPro analysis. Benchmark CEO Billy Cyr and CFO John O’Connor discussed the company’s 20-year scale advantages in the fresh dog food category during a fireside chat with Benchmark StoneX clients. These advantages include brick-and-mortar distribution, brand awareness, and a diverse product range at various price points. Benchmark also praised the company’s manufacturing technologies and product development capabilities. Freshpet posted a 12.8% revenue growth over the last year, with a market capitalization of $3.56 billion. Maintaining its Best Idea designation, Benchmark kept the $93 price target. Freshpet recently reported strong Q2 2026 results, surpassing Wall Street forecasts with adjusted earnings of $0.39 per share and $305.6 million in revenue. The company also raised its full-year sales and profit outlook, reflecting robust demand and effective cost management. Competitors responded with mixed ratings, with TD Cowen raising its price target to $85 and Piper Sandler maintaining an Overweight rating with an $87 target. Morgan Stanley, however, downgraded Freshpet to Equalweight with a $72 price target, citing valuation concerns and risks such as slowing household penetration growth and increasing competition.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "iQIYI stock rating held at Hold by Benchmark on growth concerns",
        "url": "https://urgent.news/2026/08/19/iqiyi-stock-rating-held-at-hold-by-benchmark-on-growth-concerns",
        "published": "2026-08-19T14:34:55.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}