YETI (NYSE:YETI) Releases FY 2026 Earnings Guidance

YETI (NYSE:YETI) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 2.830-2.890 for the period, compared to the consensus earnings per share estimate of 2.710. 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

A number of equities analysts have recently weighed in on the stock. Piper Sandler lifted their price target on shares of YETI from $43.00 to $54.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 17th. KeyCorp upgraded YETI from a “sector weight” rating to an “overweight” rating and set a $57.00 target price on the stock in a report on Friday, January 16th. Stifel Nicolaus set a $41.00 price objective on YETI in a research note on Thursday, April 16th. Roth Mkm raised shares of YETI from a “neutral” rating to a “buy” rating and set a $60.00 target price for the company in a research note on Tuesday, February 17th. Finally, Morgan Stanley dropped their price target on shares of YETI from $48.00 to $47.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 10th. Nine analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $48.50.

YETI Stock Up 8.4%

NYSE YETI opened at $41.56 on Thursday. The company has a market cap of $3.15 billion, a price-to-earnings ratio of 20.62, a PEG ratio of 1.29 and a beta of 1.69. YETI has a 1-year low of $28.98 and a 1-year high of $51.29. The company has a current ratio of 1.98, a quick ratio of 1.11 and a debt-to-equity ratio of 0.11. The company has a 50 day moving average of $38.58 and a 200-day moving average of $41.77.

YETI (NYSE:YETI) last released its earnings results on Thursday, May 14th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.09. The firm had revenue of $380.41 million during the quarter, compared to the consensus estimate of $374.73 million. YETI had a return on equity of 22.53% and a net margin of 8.85%.The company’s revenue was up 8.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.31 EPS. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. On average, equities research analysts expect that YETI will post 2.33 earnings per share for the current fiscal year.

Institutional Investors Weigh In On YETI

Several hedge funds have recently modified their holdings of YETI. Integrated Wealth Concepts LLC raised its position in YETI by 9.6% in the first 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 grew its holdings in shares of YETI by 5.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 287,837 shares of the company’s stock worth $9,527,000 after purchasing an additional 14,920 shares during the last quarter. M&T Bank Corp increased its stake in shares of 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 buying an additional 1,294 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in YETI by 48.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 16,404 shares of the company’s stock valued at $517,000 after buying an additional 5,379 shares during the last quarter. Finally, California Public Employees Retirement System raised its holdings in YETI by 2.5% in the 2nd quarter. California Public Employees Retirement System now owns 144,069 shares of the company’s stock valued at $4,541,000 after buying an additional 3,507 shares during the last quarter.

YETI Company Profile

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.