COOK · NYSE · Furnishings, Fixtures & Appliances

Traeger

Builds a connected outdoor-cooking system around wood-pellet grills and MEATER thermometers.

$55.86
After-hours close+0.23 (+0.41%)
At close$55.63(−0.14%)
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Profile

Traeger, Inc.COOKConsumer Discretionary

Sells wood-pellet grills, branded pellets, rubs, sauces, accessories, and MEATER wireless thermometers. Revenue is organized around grills, consumables, and accessories, while the company reports one operating segment.

Built around wood-pellet grills and connected outdoor cooking. The product line combines grills with fuel, flavor products, accessories, and connected features. WiFIRE gives compatible grills monitoring and control through the Traeger app and devices.

Sells wood-pellet grills, branded pellets, rubs, sauces, and accessories through retailers, distributors, and directly to consumers. Direct sales sit alongside retail and distributor channels. Branded pellets, rubs, and sauces support the grill-centered system.

MEATER contributes wireless thermometers and operates as a standalone company within the business. The company reports one operating segment while separating revenue into grills, consumables, and accessories.

Company facts

CEOJeremy Andrus
ListedJul 29, 2021
ExchangeNYSE
HeadquartersSalt Lake City, UT
CountryUnited States
Employees433
CIK0001857853
ISINUS89269P2020

Key statistics

Market cap$155.4M
EPS (ttm)−$42.04
P/E (ttm)−1.33
ROE-64.5%
P/B0.9177
P/S0.3204
Dividend yield
Beta1.68vs XLY 1.15

Year to date +5.0% · Average volume (30d) 54.6K

Analysts

Price target, next 12 months$51.50−7.8%Median of 12 analysts · vs the Aug 28 close
ConsensusHold2 of 12 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Aug 7, 2026RBC CapitalReiterateSector Perform$2.50$43
Aug 7, 2026B.Riley FinancialTarget$1.50$60
Aug 6, 2026Telsey AdvisoryReiterateMarket Perform$45$65
Aug 6, 2026Canaccord GenuityReiterateBuy$6$77
May 12, 2026Telsey AdvisoryTarget$1.50$45

Earnings

EPS

Estimate−$4.54
ReportedDue Nov 4, 2026

Revenue

Estimate$79.4M
ReportedDue Nov 4, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 5, 2026Q2 FY26−$1.57$0.53+133.8%$133.2M$120.2M−9.8%−12.69%
May 11, 2026Q1 FY26−$3.36$1.49+144.3%$95.1M$94.1M−1.0%0.00%
Mar 5, 2026Q4 FY25$0.38$0.50+33.3%$135.1M$145.4M+7.6%−20.23%
Nov 5, 2025Q3 FY25−$0.04−$0.17−288.6%$135.1M$125.4M−7.1%−14.67%
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Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$143.3M$145.5M$125.4M$145.4M$94.1M$120.2M
Gross profit$59.5M$57.0M$39.7M$45.5M$43.0M$47.4M
Operating income$3.4M−$6.1M−$2.4M$484.0K−$1.0M−$1.7M
Net income−$778.0K−$7.4M−$89.8M−$17.2M$2.9M−$8.6M
Diluted EPS−$0.50−$2.77−$33.50−$6.50$1.08−$3.12
Gross margin41.5%39.2%31.7%31.3%45.7%39.5%
Operating margin2.4%-4.2%-1.9%0.3%-1.1%-1.4%

Fiscal years (4-quarter sums)FY21 $785.5M · FY22 $655.9M · FY23 $605.9M · FY24 $604.1M · FY25 $559.5M

Revenue by product · Q2 FY26

Grills$61.6M · 51%
Consumables$32.8M · 27%
Accessories$25.8M · 21%

Revenue by geography · Q2 FY26

North America$111.8M · 93%
Non-North America$8.4M · 7%

Balance sheet, Jun 30, 2026Cash & short-term investments $59.7M · Total debt $424.3M · Total assets $654.7M · Shareholders' equity $167.3M

Dividends

No dividends on record.

Ownership

Institutions 31.19%867.6K sharesInsiders 17.06%474.6K sharesOther 51.75%1.44M shares

Shares outstanding 2.78M · Float 1.29M · 46.4% free float

A split settled inside the quarter being compared, so quarter-on-quarter change is not shown.

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Ontario Teachers Pension Plan Board493.9K18.00%13GMay 11, 2026
Nantahala Capital Management, LLC102.4K3.68%13FMay 15, 2026
BlackRock, Inc.51.5K1.85%13FMay 13, 2026
Vanguard Capital Management LLC49.2K1.77%13FMay 15, 2026
Artisan Partners Limited Partnership40.0K1.44%13FMay 13, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

Peers

  • American Outdoor Brands

    Direct pellet-grill, smoker, and connected-cooking overlap

  • SharkNinja

    Outdoor grilling, smoking, pellet use, and app-connected cooking

  • Newell Brands

    Portable propane grilling for camping, tailgating, and backyard use

  • Costco

    Kirkland Signature pellets overlap the wood-pellet consumables category

CompareAfter-hours close

CompanyPriceChange
Traeger$55.86+0.41%$155.4M147.10.3−17.4%
American Outdoor Brands$10.38−0.53%$129.8M18.10.7−24.0%
SharkNinja$193.63+1.29%$27.06B39.027.33.9+22.2%
Newell Brands$6.20+0.32%$2.62B9.60.4+3.1%
Costco$945.47−0.03%$419.30B47.643.01.4+11.6%
Median43.322.71.1+7.3%