Why YETI Holdings (YETI) Stock Is Down Today

YETI Holdings (YETI) is down 12.8% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is investor disappointment around YETI’s second-quarter update on August 13, 2026, with the market focusing on outlook and margins rather than only the quarter’s top-line and EPS figures. This could be because expectations were already high after the company raised its full-year forecast in May, leaving less room for error if the latest report showed softer profitability or a less convincing second-half setup.

Details:

YETI had previously said it would report second-quarter fiscal 2026 financial results on Thursday, August 13, 2026, before the market opened.

Heading into the release, Wall Street was looking for roughly $0.52 in quarterly EPS and about $483 million in revenue, setting a fairly demanding bar for the stock.

In its first-quarter report, YETI posted better-than-expected results and raised its 2026 outlook to 7% to 8% sales growth and adjusted EPS of $2.83 to $2.89, which likely increased investor expectations for another strong update.

YETI had also flagged tariff-related pressure earlier this year, including a roughly $0.09 hit to first-quarter adjusted EPS, so any renewed concern about margins, costs, or second-half guidance would have been enough to pressure the shares sharply.

Sources:

YETI Investor Relations, Business Wire, SEC, Benzinga, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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$YETI Hedge Fund Activity

We have seen 215 institutional investors add shares of $YETI stock to their portfolio, and 229 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CONGRESS ASSET MANAGEMENT CO removed 1,394,970 shares (-99.5%) from their portfolio in Q2 2026, for an estimated $69,134,713
VAN BERKOM & ASSOCIATES INC. added 1,211,763 shares (+inf%) to their portfolio in Q2 2026, for an estimated $60,054,974
WASATCH ADVISORS LP removed 814,213 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $29,792,053
CLARK CAPITAL MANAGEMENT GROUP, INC. removed 767,724 shares (-77.1%) from their portfolio in Q2 2026, for an estimated $38,048,401
WELLINGTON MANAGEMENT GROUP LLP removed 617,012 shares (-11.5%) from their portfolio in Q1 2026, for an estimated $22,576,469
JPMORGAN CHASE & CO added 590,143 shares (+inf%) to their portfolio in Q2 2026, for an estimated $29,247,487
QUANTINNO CAPITAL MANAGEMENT LP added 589,205 shares (+46.0%) to their portfolio in Q1 2026, for an estimated $21,559,010

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$YETI Price Targets

Multiple analysts have issued price targets for $YETI recently. We have seen 7 analysts offer price targets for $YETI in the last 6 months, with a median target of $53.0.

Here are some recent targets:

Brian McNamara from Canaccord Genuity set a target price of $45.0 on 06/23/2026
Megan Alexander from Morgan Stanley set a target price of $48.0 on 05/19/2026
Peter Benedict from Baird set a target price of $55.0 on 05/15/2026
Peter Grom from UBS set a target price of $40.0 on 04/07/2026
Chasen Bender from Citigroup set a target price of $53.0 on 02/24/2026
Anna Glaessgen from B. Riley Securities set a target price of $54.0 on 02/20/2026
Peter Keith from Piper Sandler set a target price of $54.0 on 02/17/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.