Morgan Stanley cuts YETI target to USD 48 for YETI stock

Published on 10/29/2026 at 13:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

YETI revenue rose 8.5 percent to USD 483.87 million in Q2 2026. YETI stock trades at EUR 38.50 on October 29, 2026, with a USD 3.1 billion market value.

Targets and reporting dates

Morgan Stanley's October 27, 2026 report lowered the target from USD 49.00.
YETI generated USD 71.3 million of net income in Q2 2026.
The Q3 2026 revenue consensus is USD 523.44 million for November 12, 2026.

YETI, US98585X1046, Illustration mit AI erstellt.

YETI Holdings (ISIN US98585X1046) drew a lower USD 48.00 target from Morgan Stanley on October 27, 2026, down from USD 49.00, according to MarketBeat. The revision keeps an equal-weight rating and makes the analyst view more cautious as the next quarterly update approaches.

The target cut resets expectations

YETI reported Q2 2026 revenue of USD 483.87 million, an 8.5 percent year-over-year increase, while GAAP net income reached USD 71.3 million. The figures give the target revision a mixed backdrop: sales continued to expand, but the analyst target moved lower.

The company generated USD 62.45 million of operating cash flow in Q2 2026, according to the financial statement for the period. MarketBeat reported adjusted earnings per share of USD 0.67 against a USD 0.54 consensus estimate for the quarter, while fiscal 2026 adjusted earnings guidance stood at USD 2.94 to USD 3.00.

What does the target change mean?

The immediate answer is that valuation remains tied to execution rather than a single quarterly beat. YETI's market capitalization was USD 3.1 billion, and its primary listing is on the NYSE. MarketBeat also listed a 52-week range of USD 32.26 to USD 53.99.

Three dated YETI milestones

On August 13, 2026, YETI reported Q2 revenue of USD 483.87 million, according to MarketBeat. On October 13, 2026, Ladenburg Thalmann began coverage with a Buy rating and a USD 52.00 target, as the same source reported. On October 27, 2026, Morgan Stanley cut its target to USD 48.00 from USD 49.00, also according to MarketBeat.

Next reporting date

MarketBeat lists November 12, 2026, before the market opens, as the estimated date for Q3 2026 results and gives a consensus revenue estimate of USD 523.44 million. The company is expected to discuss whether continued sales growth can support its earnings path.

YETI trades before the next update

YETI stock was trading at EUR 38.50 at Lang & Schwarz on October 29, 2026 at 1:13 p.m. CET. The further course of trading is shown by the continuously updated real-time quote of YETI stock.