11 Best Falling Stocks to Buy According to Analysts

1. Freshpet, Inc. (NASDAQ:FRPT)

52 Week Range: $71.19 – $164.07

Current Share Price: $72.72

Analysts Upside Potential as of May 2: 63.30%

Number of hedge fund holders: 40

Freshpet, Inc. (NASDAQ:FRPT) is a company that manufactures, markets and distributes fresh, refrigerated pet food for dogs and cats. It focuses on fresh, natural ingredients and offers a variety of products, including meals and treats, all while maintaining freshness through refrigerated storage. Despite delivering solid financial results, the stock has shed about 49% in market value year to date.

Its net sales increased 27.2% in 2024 to $975.2 million as Freshpet, Inc. (NASDAQ:FRPT) jumped to profitability with a net income of $46.9 million compared to a net loss of $33.6 million in 2023. Likewise, gross margins improved to 40.6% from 32.7% in 2023. Management has already reiterated they remain focused on delivering disciplined, consistent growth and outsized profitability improvements in 2025.

Likewise, Benchmark Co. analyst Todd Brooks reiterated a Buy rating on the stock on April 20 with a $140 price target. The bullish stance comes on growing optimism that Freshpet, Inc. (NASDAQ:FRPT) will continue to dominate the fresh dog food segment.

While we acknowledge the potential of Freshpet, Inc. (NASDAQ:FRPT) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than FRPT but that trades at less than 5 times its earnings check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.