Vital Farms (NASDAQ:VITL) Posts Quarterly Earnings Results

Vital Farms (NASDAQ:VITL) issued its earnings results on Thursday. The company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.03), FiscalAI reports. Vital Farms had a return on equity of 20.19% and a net margin of 8.50%.The business had revenue of $213.55 million for the quarter, compared to the consensus estimate of $212.83 million. During the same quarter in the prior year, the business earned $0.23 EPS. Vital Farms’s revenue for the quarter was up 28.6% compared to the same quarter last year.

Here are the key takeaways from Vital Farms’ conference call:

• Company delivered record 2025 results with net revenue up >25% to $759.4 million and Adjusted EBITDA surpassing $100 million for the first time at $114 million.
• Operational progress — rebuilt egg inventory, brought a third ECS production line online, completed ERP implementation with no unplanned shipment interruptions, and expanded the farm network to >600 farms — creating unconstrained supply to support scale toward the $2 billion by 2030 target.
• 2026 guidance: net revenue of $900–$920 million (>20% growth) and Adjusted EBITDA of $105–$115 million (midpoint ~12% margin), with CapEx of $140–$150 million; management says margins compress as it reinvests prior price increases into promotions to drive household penetration.
• Leadership change: founder Matt O’Hayer retired as executive chair and board member while remaining the largest shareholder and an advisor, and Russell Diez-Canseco was named Executive Chairperson and CEO — continuity emphasized but governance shift is notable.

Vital Farms Stock Down 10.8%

Shares of NASDAQ:VITL traded down $2.68 during trading on Thursday, hitting $22.11. The stock had a trading volume of 12,828,552 shares, compared to its average volume of 1,868,367. The company has a market capitalization of $990.09 million, a PE ratio of 16.75 and a beta of 1.10. The company has a quick ratio of 2.15, a current ratio of 2.65 and a debt-to-equity ratio of 0.02. The firm’s fifty day moving average is $29.04 and its 200 day moving average is $36.40. Vital Farms has a 12 month low of $19.80 and a 12 month high of $53.13.

Analysts Set New Price Targets

A number of brokerages recently weighed in on VITL. Jefferies Financial Group reaffirmed a “buy” rating and issued a $52.00 target price on shares of Vital Farms in a research note on Wednesday, December 17th. Zacks Research lowered Vital Farms from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 14th. Mizuho decreased their target price on shares of Vital Farms from $53.00 to $48.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 26th. BMO Capital Markets dropped their target price on Vital Farms from $60.00 to $50.00 and set an “outperform” rating for the company in a report on Thursday, December 18th. Finally, Morgan Stanley lowered their price objective on shares of Vital Farms from $48.00 to $45.00 and set an “overweight” rating for the company in a research note on Wednesday, December 17th. Eleven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $49.91.

Insider Buying and Selling at Vital Farms

In other Vital Farms news, insider Matthew Ohayer sold 20,000 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $27.91, for a total transaction of $558,200.00. Following the completion of the transaction, the insider owned 6,341,190 shares of the company’s stock, valued at approximately $176,982,612.90. This trade represents a 0.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Russell Diez-Canseco sold 16,734 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $35.05, for a total transaction of $586,526.70. Following the transaction, the chief executive officer directly owned 649,684 shares of the company’s stock, valued at $22,771,424.20. This represents a 2.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 91,734 shares of company stock worth $2,921,477. 21.30% of the stock is owned by insiders.

Institutional Investors Weigh In On Vital Farms

A number of institutional investors have recently made changes to their positions in the company. Wasatch Advisors LP increased its holdings in Vital Farms by 13.7% in the 4th quarter. Wasatch Advisors LP now owns 2,687,246 shares of the company’s stock worth $85,831,000 after buying an additional 324,725 shares in the last quarter. Wellington Management Group LLP raised its stake in Vital Farms by 1.3% during the 4th quarter. Wellington Management Group LLP now owns 2,047,955 shares of the company’s stock worth $65,412,000 after acquiring an additional 26,150 shares during the period. State Street Corp boosted its holdings in Vital Farms by 64.7% in the 4th quarter. State Street Corp now owns 1,293,788 shares of the company’s stock worth $41,324,000 after buying an additional 508,222 shares during the period. Millennium Management LLC lifted its holdings in Vital Farms by 13.1% in the 4th quarter. Millennium Management LLC now owns 980,423 shares of the company’s stock worth $31,315,000 after purchasing an additional 113,202 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Vital Farms by 1.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 957,304 shares of the company’s stock valued at $30,580,000 after purchasing an additional 14,825 shares during the last quarter. Hedge funds and other institutional investors own 98.59% of the company’s stock.

About Vital Farms

Vital Farms, traded on the NASDAQ under the symbol VITL, is a U.S.-based food company specializing in pasture-raised egg and dairy products. The company partners with a network of family farms across the United States to produce eggs, butter and related items under a certified humane, pasture-centric farming model. Vital Farms’ supply chain emphasizes animal welfare, environmental stewardship and transparent sourcing, appealing to consumers seeking ethically produced, high-quality ingredients.

Founded in 2007 and headquartered in Austin, Texas, Vital Farms began by marketing pasture-raised eggs to health- and ethically minded shoppers.