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The latest announcement is out from Grove Collaborative Holdings ( (GROV) ).
On July 18, 2022, Grove Collaborative Holdings, Inc. entered into a Standby Equity Purchase Agreement with YA II PN, Ltd., allowing the company to sell up to $100 million of its Class A common stock over 36 months. On July 8, 2025, the agreement was amended to modify the market price definition and extend the commitment period to August 1, 2027, potentially impacting the company’s financial strategy and market positioning.
The most recent analyst rating on (GROV) stock is a Hold with a $1.20 price target. To see the full list of analyst forecasts on Grove Collaborative Holdings stock, see the GROV Stock Forecast page.
Spark’s Take on GROV Stock
According to Spark, TipRanks’ AI Analyst, GROV is a Neutral.
Grove Collaborative Holdings faces substantial financial challenges, including high leverage and negative cash flow, which are its most significant risks. The technical analysis indicates a bearish trend, and valuation metrics reflect unprofitability. While there are strategic initiatives underway, such as platform migration and product expansion, the overall outlook remains cautious due to ongoing financial pressures and the recent NYSE non-compliance notice.
To see Spark’s full report on GROV stock, click here.
More about Grove Collaborative Holdings
Grove Collaborative Holdings, Inc. operates in the consumer goods industry, focusing on sustainable home and personal care products. The company aims to offer eco-friendly alternatives to conventional household products.
Average Trading Volume: 85,395
Technical Sentiment Signal: Sell
Current Market Cap: $47.9M
For detailed information about GROV stock, go to TipRanks’ Stock Analysis page.