Maxim Group analyst Anthony Vendetti has reiterated their bullish stance on BRFH stock, giving a Buy rating yesterday.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Anthony Vendetti has given his Buy rating due to a combination of factors that indicate Barfresh Food Group is well-positioned for future growth. The company’s recent financial results showed revenue slightly above guidance and consensus, with a narrower-than-expected GAAP loss per share and adjusted EBITDA loss. This performance, alongside the reiterated revenue guidance for 2025, suggests a strong growth trajectory, particularly with the anticipated expansion in the education channel and the full-scale launch of their Pop & Go product.
Furthermore, the resolution of manufacturing disruptions by the end of the second quarter of 2025 is expected to enhance production capacity, supporting the company’s growth plans. Barfresh’s strategic focus on the education sector, along with its preserved relationships with school district partners, positions it well for the upcoming school year. The company’s valuation, based on a 10-year DCF analysis, also supports a premium to peers, justified by its expanded educational customer channel and expected above-average revenue growth.
In another report released yesterday, Greenridge Global also maintained a Buy rating on the stock with a $4.50 price target.