BellRing Brands (BRBR) AI Stock Analysis

• Market Cap: $3.69B
• Dividend Yield: N/A
• Average Volume (3M): 4.05M
• Price to Earnings (P/E): 18.4
• Beta (1Y): 0.69
• Revenue Growth: 16.05%
• EPS Growth: -10.17%
• Country: US
• Employees: 485
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 0.51
• Shares Outstanding: 119,672,080
• 10 Day Avg. Volume: 5,515,261
• 30 Day Avg. Volume: 4,052,816
• PEG Ratio: -2.12
• Price to Book (P/B): -10.16
• Price to Sales (P/S): 1.99
• P/FCF Ratio: 18.03
• Enterprise Value/Market Cap: 1.51
• Enterprise Value/Revenue: 2.41
• Enterprise Value/Gross Profit: 7.24
• Enterprise Value/Ebitda: 15.40
• 1Y Price Target: $38.92
• Price Target Upside: 26.16% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 13
• EPS Forecast (FY): 1.94
• Revenue Forecast (FY): $2.43B

• Rating: 63 Neutral
• Price Target: $31.00 ▲(0.49% Upside)

BellRing Brands' strong cash flow and earnings performance are offset by financial instability and bearish technical indicators. The company's moderate valuation and challenges in the competitive landscape further temper the overall score.

Positive Factors

Strong Cash Flow

Robust cash flow growth and efficient cash management enhance financial stability, allowing for strategic investments and debt management.

Market Leadership

Maintaining market leadership in the ready-to-drink shake category strengthens brand position and supports sustained revenue growth.

Revenue Growth

Consistent revenue growth and healthy margins indicate strong market demand and operational efficiency, supporting long-term business expansion.

Negative Factors

High Leverage

High leverage and negative equity pose financial risks, limiting flexibility and increasing vulnerability to economic downturns.

Competitive Challenges

Rising competition could erode market share and pressure margins, challenging BellRing's ability to maintain its leadership position.

Impact of Inflation and Tariffs

Inflation and tariffs could compress margins, affecting profitability and necessitating price adjustments or cost management strategies.

BellRing Brands Business Overview & Revenue Model

Company Description

BellRing Brands, Inc., together with its subsidiaries, provides various nutrition products in the United States and internationally. It offers ready-to-drink shake and powder protein products primarily under the Premier Protein and Dymatize brands. The company sells its products through club, food, drug, mass, eCommerce, specialty, and convenience channels. BellRing Brands, Inc. was incorporated in 2019 and is headquartered in Saint Louis, Missouri.

How the Company Makes Money

BellRing Brands generates revenue primarily through the sale of its protein products across various channels. Its direct-to-consumer revenue comes from online sales through its e-commerce platform, while retail sales are driven through partnerships with major grocery chains, convenience stores, and health clubs. The company benefits from brand loyalty and recognition, which helps maintain strong sales volumes. Additionally, strategic partnerships with retailers enhance distribution efficiency and market reach, contributing significantly to overall earnings. Seasonal promotions and marketing campaigns also play a crucial role in driving sales and expanding customer engagement.

BellRing Brands Financial Statement Overview

Summary

BellRing Brands shows solid revenue growth and operational efficiency, but financial instability due to high leverage and negative equity poses risks. Strong cash flow performance provides some cushion against these balance sheet weaknesses.

Income Statement

BellRing Brands shows a consistent revenue growth trend, with a 4.15% increase in the latest year. Gross profit margin remains stable around 33%, while net profit margin has slightly decreased to 9.33%. EBIT and EBITDA margins are healthy, indicating operational efficiency. However, the slight decline in profitability margins suggests potential cost pressures.

Balance Sheet

The company has a negative stockholders' equity, resulting in a high debt-to-equity ratio of -2.39, indicating financial instability. Return on equity is negative, reflecting losses relative to equity. The equity ratio is also negative, highlighting a reliance on debt financing, which poses a risk in terms of financial leverage.

Cash Flow

BellRing Brands exhibits strong cash flow performance with a significant free cash flow growth rate of 105.68%. The operating cash flow to net income ratio is robust at 0.92, and free cash flow covers net income entirely, indicating efficient cash generation and management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.32B	2.32B	2.00B	1.67B	1.37B	1.25B
Gross Profit	770.40M	770.40M	707.30M	530.20M	421.80M	386.20M
EBITDA	362.20M	376.00M	424.20M	315.60M	216.10M	220.10M
Net Income	216.20M	216.20M	246.50M	165.50M	82.30M	27.60M
Balance Sheet
Total Assets	941.00M	941.00M	837.00M	691.60M	707.20M	696.50M
Cash, Cash Equivalents and Short-Term Investments	89.10M	89.10M	71.10M	48.40M	35.80M	152.60M
Total Debt	1.11B	1.11B	839.60M	865.00M	938.00M	608.40M
Total Liabilities	1.39B	1.39B	1.04B	1.02B	1.08B	762.00M
Stockholders Equity	-453.90M	-453.90M	-205.90M	-323.50M	-376.20M	-3.06B
Cash Flow
Free Cash Flow	255.90M	255.90M	197.80M	213.80M	19.20M	224.50M
Operating Cash Flow	260.60M	260.60M	199.60M	215.60M	21.00M	226.10M
Investing Cash Flow	-4.70M	-4.70M	-1.80M	-1.80M	-1.80M	-1.60M
Financing Cash Flow	-238.30M	-238.30M	-175.10M	-201.70M	-135.00M	-120.90M

BellRing Brands Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 30.85
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BRBR, the sentiment is Neutral. The current price of 30.85 is above the 20-day moving average (MA) of 29.06, below the 50-day MA of 32.02, and below the 200-day MA of 52.76, indicating a neutral trend. The MACD of -0.31 indicates Negative momentum. The RSI at 53.56 is Neutral, neither overbought nor oversold. The STOCH value of 92.36 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for BRBR.

BellRing Brands Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MZTI	78 Outperform	$4.52B	26.69	17.25%	2.21%	3.16%	6.47%
FLO	66 Neutral	$2.30B	11.88	13.73%	9.19%	0.26%	-19.45%
POST	66 Neutral	$5.21B	18.22	8.56%	―	2.97%	-2.68%
CAG	64 Neutral	$8.45B	9.97	9.65%	8.13%	-4.11%	72.17%
BRBR	63 Neutral	$3.69B	18.38	―	―	16.05%	-10.17%
SMPL	63 Neutral	$1.90B	18.66	5.86%	―	8.98%	-26.29%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%

BellRing Brands Corporate Events

Bellring Brands Inc Faces ESG Challenges Amid Rising Scrutiny and Anti-ESG Sentiment

Bellring Brands Inc Class A faces significant business risks due to increasing scrutiny and evolving expectations from various stakeholders regarding its ESG practices. The company may incur additional operational costs to comply with new or more stringent ESG-related laws, regulations, and requirements from customers and suppliers. Failure to meet these expectations or its own ESG targets could lead to increased scrutiny, potential litigation, and reputational damage. Additionally, the rise of anti-ESG sentiment and policies could result in legal challenges, further complicating Bellring Brands’ efforts to navigate these complex and sometimes conflicting expectations.

BellRing Brands Reports Strong Sales Growth in 2025

BellRing Brands, Inc. is a holding company operating in the global convenient nutrition category, known for its popular Premier Protein and Dymatize brands, which offer ready-to-drink protein shakes and protein powders. In its latest earnings report, BellRing Brands announced a 16.6% increase in fourth-quarter net sales, reaching $648.2 million, and a 16.1% rise in fiscal year net sales, totaling $2,316.6 million. The company also reported a fiscal year operating profit of $357.4 million and net earnings of $216.2 million. Despite facing challenges such as input cost inflation and increased promotional activity, BellRing managed to maintain a strong financial performance, with adjusted EBITDA for the fiscal year reaching $481.6 million, up 9.4% from the previous year. Looking ahead, BellRing Brands expects fiscal year 2026 net sales to range between $2.41 billion and $2.49 billion, with adjusted EBITDA projected between $425 million and $455 million. The company remains optimistic about its growth prospects, focusing on brand investment, innovation, and multi-channel execution to drive long-term shareholder value.

BellRing Brands Expands Board with New Appointment

On November 12, 2025, BellRing Brands announced the expansion of its Board of Directors from seven to eight members, effective January 1, 2026, with the appointment of David I. Finkelstein. Finkelstein, a seasoned executive with extensive experience in finance and mergers and acquisitions, will also join the Audit Committee. His appointment is expected to enhance the company’s financial oversight and strategic capabilities, potentially strengthening its position in the convenient nutrition industry.

The most recent analyst rating on (BRBR) stock is a Buy with a $37.00 price target. To see the full list of analyst forecasts on BellRing Brands stock, see the BRBR Stock Forecast page.

BellRing Brands Reaches Settlement in Joint Juice Lawsuit

BellRing Brands‘ subsidiary, Premier Nutrition, has been involved in multiple class action lawsuits concerning its Joint Juice product. On June 25, 2025, Premier Nutrition reached a settlement in principle to pay $90 million to resolve these claims. By October 2025, a Stipulation of Settlement was executed, and a motion for preliminary approval was filed, awaiting a decision.

The most recent analyst rating on (BRBR) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on BellRing Brands stock, see the BRBR Stock Forecast page.

BellRing Brands Announces New $400 Million Share Buyback

On September 2, 2025, BellRing Brands, Inc. announced that its Board of Directors approved a new $400 million share repurchase authorization, effective immediately, while canceling the previous $300 million authorization. The new authorization will last for two years, allowing the company to repurchase shares through various methods, though it is not obligated to purchase any specific amount. This move reflects BellRing’s strategic financial management and could impact its market positioning and shareholder value, as the timing and amount of repurchases will depend on factors like liquidity, share price, and market conditions.

The most recent analyst rating on (BRBR) stock is a Buy with a $64.00 price target. To see the full list of analyst forecasts on BellRing Brands stock, see the BRBR Stock Forecast page.

BellRing Brands Amends Credit Agreement with JPMorgan

On August 22, 2025, BellRing Brands, Inc. amended its Credit Agreement with JPMorgan Chase Bank, increasing its revolving credit facility from $250 million to $500 million and extending the maturity date to August 22, 2030. The amendment also reduces the interest rate on borrowings and broadens exceptions to certain covenants, potentially enhancing the company’s financial flexibility and operational capacity.

The most recent analyst rating on (BRBR) stock is a Buy with a $66.00 price target. To see the full list of analyst forecasts on BellRing Brands stock, see the BRBR Stock Forecast page.