Traeger Confirms Directors and Accounting Firm at Meeting

Traeger ( (COOK) ) has provided an update.

On May 20, 2025, Traeger, Inc. held its annual meeting of stockholders, where two key proposals were voted on. The election of Class I directors, including Jeremy Andrus, Wendy A. Beck, and Daniel James, was confirmed to serve until 2028. Additionally, the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified, indicating continued stability in the company’s financial oversight.

The most recent analyst rating on (COOK) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Traeger stock, see the COOK Stock Forecast page.

Spark’s Take on COOK Stock

According to Spark, TipRanks’ AI Analyst, COOK is a Neutral.

Traeger’s overall stock score is weighed down by significant financial challenges, such as declining revenue and high leverage, resulting in a low financial performance score. Technical analysis signals are mixed, showing potential downward pressure. Valuation is unattractive due to a negative P/E ratio and no dividend yield. The earnings call provides some optimism with growth in the grills segment and strategic cost management, but is offset by uncertainty and the withdrawal of guidance. Overall, the stock faces considerable risks, necessitating cautious consideration by investors.

To see Spark’s full report on COOK stock, click here.

More about Traeger

Traeger, Inc. operates in the industry focused on manufacturing and selling wood pellet grills, which are known for their versatility and ease of use. The company primarily offers products that cater to outdoor cooking enthusiasts, aiming to enhance the grilling experience with innovative designs and technology.

Average Trading Volume: 218,527

Technical Sentiment Signal: Sell

Current Market Cap: $198.1M

For a thorough assessment of COOK stock, go to TipRanks’ Stock Analysis page.