Jefferies keeps $15 target on Vital Farms amid egg price pressure and strong pasture-raised demand

Jefferies maintained its $15 price target for Vital Farms, citing pressure from easing egg prices and expanding layer flocks despite strong demand for pasture-raised eggs. The USDA raised its 2026 egg production forecast and lowered price outlooks, causing spot prices to drop. Vital Farms saw a 6% volume decline year-on-year, but its price decline narrowed. Jefferies expects distribution gains and continued demand for pasture-raised eggs to support growth, keeping Vital Farms as a key player in the sector.

Vital Farms shares trade at USD 10.03 on Pluang as of Sep 25, 2026 01:41 WIB, down 2.76% for the day. The stock's market cap stands at $441.77 million, reflecting its position in the consumer staples sector. Despite the price pressure noted by Jefferies, investor interest remains strong with 98% of Pluang order activity on the buy side.