BellRing Brands (BRBR) stock took a beating on Tuesday after the nutrition company narrowed its Fiscal 2025 guidance. The company updated its revenue outlook for the year to between $2.28 billion and $2.32 billion, representing a 14% to 16% increase year-over-year. At a midpoint of $2.3 billion, BellRing Brands is on target to match Wall Street’s estimate for the year.
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Other guidance updates announced by BellRing Brands include adjusted EBITDA ranging from $480 million to $490 million, or a 9% to 11% increase, and capital expenditures of approximately $9 million. The company didn’t provide earnings per share guidance in its update.
BellRing Brands also reported earnings alongside its guidance update. Adjusted EPS of 55 cents and revenue of $547.5 million surpassed Wall Street’s estimates of 50 cents and $531.65 million.
BellRing Brands Stock Movement Today
BellRing Brands stock was down 35.29% on Tuesday. The shares have also fallen 53.78% year-to-date, but remain up 1.73% over the past 12 months. Today’s guidance cut comes with heavy trading, as some 7.62 million shares changed hands, compared to a three-month daily average of 2.45 million units.
Is BellRing Brands Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for BellRing Brands is Strong Buy, based on 12 Buy and three Hold ratings over the past three months. With that comes an average BRBR stock price target of $78.50, representing a potential 122.76% upside for the shares. These ratings and price targets will likely change as analysts update their coverage on today’s guidance news.
