Traeger (COOK) to Release Quarterly Earnings on Wednesday

Traeger (NYSE:COOK) will likely be posting its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to announce earnings of ($1.57) per share and revenue of $133.1970 million for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 4:30 PM ET.

Traeger (NYSE:COOK) last issued its quarterly earnings results on Monday, May 11th. The company reported $1.49 EPS for the quarter, topping analysts’ consensus estimates of ($3.36) by $4.85. The firm had revenue of $94.07 million for the quarter, compared to analysts’ expectations of $95.05 million. Traeger had a negative return on equity of 13.76% and a negative net margin of 21.84%. On average, analysts expect Traeger to post $-2 EPS for the current fiscal year and $-3 EPS for the next fiscal year.

Traeger Stock Performance

Traeger stock opened at $63.77 on Monday. Traeger has a twelve month low of $20.91 and a twelve month high of $87.88. The company has a quick ratio of 2.01, a current ratio of 3.40 and a debt-to-equity ratio of 2.29. The company has a market capitalization of $177.29 million, a P/E ratio of -1.52 and a beta of 1.97. The stock’s 50 day moving average is $67.84 and its 200 day moving average is $50.66.

Hedge Funds Weigh In On Traeger

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its stake in Traeger by 36.6% during the 4th quarter. Bank of America Corp DE now owns 33,314 shares of the company’s stock valued at $80,000 after purchasing an additional 8,933 shares during the last quarter. Empowered Funds LLC raised its stake in shares of Traeger by 9.3% in the first quarter. Empowered Funds LLC now owns 167,696 shares of the company’s stock worth $282,000 after purchasing an additional 14,271 shares during the last quarter. Blair William & Co. IL raised its stake in shares of Traeger by 19.9% in the fourth quarter. Blair William & Co. IL now owns 92,680 shares of the company’s stock worth $100,000 after purchasing an additional 15,400 shares during the last quarter. Bridgeway Capital Management LLC lifted its holdings in shares of Traeger by 2.5% during the second quarter. Bridgeway Capital Management LLC now owns 681,747 shares of the company’s stock valued at $1,166,000 after purchasing an additional 16,751 shares in the last quarter. Finally, Lido Advisors LLC bought a new position in shares of Traeger during the third quarter valued at $27,000. 46.84% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on COOK shares. Zacks Research raised Traeger from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 8th. Robert W. Baird set a $40.00 price target on Traeger in a report on Tuesday, May 12th. Piper Sandler reaffirmed a “neutral” rating and issued a $38.00 price target on shares of Traeger in a research report on Tuesday, May 12th. Weiss Ratings upgraded shares of Traeger from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, June 8th. Finally, Telsey Advisory Group upped their price target on shares of Traeger from $43.00 to $45.00 and gave the stock a “market perform” rating in a research note on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Traeger has a consensus rating of “Hold” and a consensus target price of $50.08.

About Traeger

Traeger, trading on the NYSE under the ticker COOK, is a designer, manufacturer and marketer of wood pellet grills and outdoor cooking appliances. The company’s core product lineup features a range of hardwood-pellet grills that combine wood-fired flavor with digital temperature control. Beyond grills, Traeger offers a suite of accessories—such as grill covers, smoking woods, meat probes and recipe rubs—as well as outdoor kitchen solutions designed to serve both consumer and light-commercial segments.

Founded in 1985 by Joe Traeger, the brand pioneered the wood-pellet grilling category.