YETI Holdings Inc Dossier
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SectorConsumer Discretionary IndustryLeisure Beta (adjusted)1.48 Intrinsic Value $48.09median of 6 methods · middle span $42-$69based on filings through 4 Jul 2026 Market Price $41.02Price as of 30 Sep 2026 UndervaluedIntrinsic value is 17% above the market price −50% · IV below pricenear fair value ±15%IV above price · +50% Data confidence Sign in to view data confidence Market Cap $3B Enterprise Value $3B Shares Outstanding 74.4M diluted Moat Rating Wide Next Earnings Date5 Nov 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary YETI Holdings, Inc. is demonstrating a robust fundamental turnaround in 2026, driven by a powerful reacceleration in its wholesale channel and resilient consumer demand for its premium outdoor lifestyle products. Despite near-term gross margin headwinds from incremental tariffs, the company's proactive supply chain diversification into Southeast Asia (Thailand and Vietnam) is set to ease cost pressures in the second half of 2026. With raised full-year sales and EPS guidance, strong brand equity, and an upcoming Investor Day in September 2026 acting as a catalyst, YETI presents an attractive risk-reward profile for growth-oriented investors. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$43.00 Mean target$54.47 High · most bullish analyst$80.00 Our research · scenarios, merits, risks, and invalidation triggersResearch as of 18 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $43.0020% Intensified competition in the drinkware space from brands like Stanley and Owala erodes market share, causing drinkware growth to turn negative. Sourcing transitions face delays, leaving the company exposed to prolonged tariff headwinds that compress gross margins below 54%. Consumer discretionary spending weakens globally, impacting high-end cooler sales. Base CaseCentral scenario $54.4750% Matches the consensus meanYETI achieves its raised FY 2026 guidance of 7% to 8% sales growth and adjusted EPS of $2.83 to $2.89. Wholesale remains healthy, offsetting flat near-term DTC performance. Gross margins stabilize in H2 2026 as tariff impacts are lapped, and the company successfully executes its $500 million share repurchase program. Bull CaseUpside scenario $80.0030% Wholesale momentum continues to surge above 15% while DTC reaccelerates in the second half of 2026 due to successful new product launches in bags and soft coolers. Sourcing transitions to Thailand and Vietnam occur faster than expected, leading to rapid gross margin recovery back toward 57%. International expansion in Europe and Japan exceeds expectations, driving high-teens growth. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
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All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |