BMO Capital analyst Benjamin Mayhew maintained a Buy rating on Vital Farms today and set a price target of $60.00.
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Benjamin Mayhew has given his Buy rating due to a combination of factors that highlight Vital Farms’ strong performance and growth potential. The company exceeded expectations in its third-quarter results for 2025, with sales and adjusted EBITDA surpassing consensus estimates. This performance was driven by a significant increase in sales and a healthy gross margin, reinforcing the company’s position as a leader in the food growth sector.
Vital Farms’ strategic execution, particularly its asset-light supply chain and expansion of its network of family farms, supports its ambitious growth targets. The company is on track to achieve substantial revenue milestones, supported by robust demand for its premium products and enhanced operational capabilities, such as its new cold storage facility and ERP system. These factors, combined with a strong brand and balance sheet, make the current valuation an attractive entry point for investors seeking high-growth opportunities in the branded food segment.
According to TipRanks, Mayhew is an analyst with an average return of -31.3% and a 0.00% success rate. Mayhew covers the Consumer Defensive sector, focusing on stocks such as Vital Farms, The Andersons, and Cal-Maine Foods.
In another report released yesterday, Telsey Advisory also maintained a Buy rating on the stock with a $50.00 price target.