YETI (NYSE:YETI) Updates FY 2026 Earnings Guidance

YETI (NYSE:YETI) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 2.940-3.000 for the period, compared to the consensus earnings per share estimate of 2.800. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion.

Analysts Set New Price Targets

Several research analysts have recently issued reports on YETI shares. The Goldman Sachs Group upgraded YETI from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $46.00 to $63.00 in a research note on Monday, July 20th. Morgan Stanley set a $45.00 target price on shares of YETI in a research note on Tuesday, June 23rd. Wall Street Zen upgraded YETI from a “hold” rating to a “buy” rating in a research report on Saturday, July 4th. Piper Sandler upped their price target on YETI from $54.00 to $58.00 and gave the stock an “overweight” rating in a report on Monday. Finally, Robert W. Baird increased their price target on YETI from $54.00 to $55.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Ten analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $53.17.

YETI Stock Performance

NYSE YETI opened at $50.83 on Thursday. The company has a market cap of $3.85 billion, a PE ratio of 25.93, a price-to-earnings-growth ratio of 1.60 and a beta of 1.72. The stock’s 50 day simple moving average is $49.80 and its 200-day simple moving average is $44.73. YETI has a 1-year low of $31.66 and a 1-year high of $53.99. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.10 and a quick ratio of 1.06.

YETI (NYSE:YETI) last issued its quarterly earnings results on Thursday, August 13th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.13. The firm had revenue of $483.87 million for the quarter, compared to analyst estimates of $483.80 million. YETI had a return on equity of 22.61% and a net margin of 8.36%.YETI has set its FY 2026 guidance at 2.940-3.000 EPS. As a group, equities research analysts anticipate that YETI will post 2.44 EPS for the current fiscal year.

Institutional Investors Weigh In On YETI

A number of hedge funds have recently modified their holdings of YETI. Integrated Wealth Concepts LLC boosted its holdings in YETI by 9.6% in the 1st quarter. Integrated Wealth Concepts LLC now owns 6,466 shares of the company’s stock valued at $214,000 after purchasing an additional 569 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of YETI by 5.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 287,837 shares of the company’s stock valued at $9,527,000 after buying an additional 14,920 shares during the period. M&T Bank Corp lifted its holdings in YETI by 17.6% in the second quarter. M&T Bank Corp now owns 8,648 shares of the company’s stock valued at $272,000 after acquiring an additional 1,294 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in YETI by 48.8% in the second quarter. Arrowstreet Capital Limited Partnership now owns 16,404 shares of the company’s stock valued at $517,000 after acquiring an additional 5,379 shares during the last quarter. Finally, California Public Employees Retirement System grew its position in YETI by 2.5% in the second quarter. California Public Employees Retirement System now owns 144,069 shares of the company’s stock worth $4,541,000 after acquiring an additional 3,507 shares during the period.

About YETI

YETI Holdings, Inc is an American outdoor and lifestyle products company known for its premium, performance-driven coolers, drinkware and accessories. The company’s portfolio includes hard coolers under its flagship Tundra series, soft coolers in the Hopper line, and vacuum-insulated drinkware sold under the Rambler brand. YETI’s products are engineered for durability, temperature retention and rugged outdoor use, targeting consumers ranging from avid anglers and hunters to outdoor enthusiasts and everyday users seeking high-quality insulated containers.

Founded in 2006 by brothers Roy and Ryan Seiders in Austin, Texas, YETI began with a focus on building a better cooler that could withstand extreme conditions and maintain ice retention longer than traditional alternatives.