Stifel Reiterates Hold Rating on Yeti Holdings Inc. (YETI) Ahead of Investor Day

Stifel analyst Peter McGoldrick reiterated a Hold rating and $45.00 price target on Yeti Holdings Inc. (NYSE: YETI).

The analyst comments "Ahead of YETI’s investor day on September 17th in Austin, we lay out expectations for a new long-term financial framework and key building blocks. We consider the business as a domestic Drinkware core (low-40s revenue mix) with credible extensions into new categories (most prominently bags), and international markets (23.5% of 2026E revenue). We expect financial targets of HSD-LDD revenue (aligning with commentary introduced on the 3Q25 call) and MHT% EPS growth based on modest operating margin expansion from 14.9% in 2026E. We remain constructive on YETI’s potential to penetrate TAM-expanding categories, but question core Drinkware growth durability. Insights into innovation competency and product pipeline could inspire greater confidence in the outlook worthy of a higher valuation multiple. We are directionally warming to risk/reward at $40.82, but for now we reaffirm our Hold rating and $45 target price (8.9x EV/EBITDA and 13.2x P/E on CY27E)."

For an analyst ratings summary and ratings history on Yeti Holdings Inc. click here. For more ratings news on Yeti Holdings Inc. click here.

Shares of Yeti Holdings Inc. closed at $40.82 yesterday.

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