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Edible Garden AG , Inc.
(NASDAQ:EDBL)
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Rating:45Neutral
Price Target:
$1.50
▼(-52.23% Downside)
Action:Reiterated
Date:08/17/26
EDBL scores low primarily due to weak financial performance (deep losses and ongoing cash burn) and a bearish technical setup (well below key moving averages with negative momentum). The earnings call provides some offset from improving revenue/expense trends and reported operating cash flow improvement, but valuation support is limited by continued unprofitability, and corporate events introduce additional dilution and listing-risk concerns.
Positive Factors
Revenue and Category Growth
Double-digit sales growth alongside strong cut-herb performance indicates improving product demand. If sustained, greater volume can strengthen retailer relevance and provide operating leverage across Edible Garden’s greenhouse and distribution platform.
Negative Factors
Persistent Unprofitability
Persistent losses show that revenue growth is not yet translating into a sustainable business model. Deeply negative margins leave limited tolerance for production, pricing or demand setbacks and may require continued external financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and Category Growth
Double-digit sales growth alongside strong cut-herb performance indicates improving product demand. If sustained, greater volume can strengthen retailer relevance and provide operating leverage across Edible Garden’s greenhouse and distribution platform.
Read all positive factors
Edible Garden AG , Inc. (EDBL) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$2.85M
Dividend YieldN/A
Average Volume (3M)37.91M
Price to Earnings (P/E)―
Beta (1Y)0.98
Revenue Growth12.31%
EPS Growth87.61%
CountryUS
Employees95
SectorConsumer Defensive
Sector Strength42
IndustryAgricultural Farm Products
Share Statistics
EPS (TTM)-61.91
Shares Outstanding1,951,509
10 Day Avg. Volume106,899,783
30 Day Avg. Volume37,905,923
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)6.30
Price to Sales (P/S)6.15
P/FCF Ratio-6.33
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit>-0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-37.35
Revenue Forecast (FY)$15.72M
Edible Garden AG , Inc. Business Overview & Revenue Model
Company Description
Edible Garden AG Incorporated, together with its subsidiaries, operates as a controlled environment agriculture company, cultivating fresh produce within optimized indoor settings. The company provides a diverse range of packaged products, which i...
How the Company Makes Money
Edible Garden primarily makes money by cultivating and selling fresh produce—especially packaged culinary herbs and related greenhouse-grown items—to customers in the food supply chain. Its revenue model is largely product-sales driven: it grows c...
Edible Garden AG , Inc. Earnings Call Summary
Earnings Call Date:Aug 14, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Nov 18, 2026
Earnings Call Sentiment Positive
The call communicated clear commercial momentum: double-digit revenue growth, strong category gains (notably cut herbs and potted products), meaningful retail distribution wins, reduced SG&A, positive operating cash flow and substantial progress on the Prairie Hills RTD manufacturing strategy (completed prototype work with Tetra Pak, presold commitments, >100M unit capacity). Offsetting these positives are persistent elevated cost of goods sold (flat gross profit), ongoing net losses, increased leverage tied to Prairie Hills financing, and limited unrestricted cash. Execution and timing risks remain for the transformational Prairie Hills project. On balance, the call emphasizes growth progress and strategic opportunity while acknowledging near-term profitability and liquidity pressures.Positive Updates
Revenue Growth
Revenue for the quarter grew 12.8% year-over-year to approximately $3.6 million (from ~$3.1M), driven by growth in core categories.
Negative Updates
Flat Gross Profit and Elevated COGS
Gross profit was approximately $0.6 million and essentially flat year-over-year, indicating that cost of goods sold remained elevated and profitability from higher volumes has not yet improved.
Read all updates
Q2-2026 Updates
Positive
Negative
Revenue Growth
Revenue for the quarter grew 12.8% year-over-year to approximately $3.6 million (from ~$3.1M), driven by growth in core categories.
Read all positive updates
Company Guidance
Management's guidance centered on scaling Prairie Hills and improving core profitability while hitting several near-term milestones: Q2 revenue grew 12.8% YoY to ~$3.6M (CEO cited total sales +31% while the CFO noted total gross sales +7.6%), cut herb sales +42% (cut herb + potted up ~$0.5M or ~50% YoY), gross profit ~ $0.6M (flat), SG&A down ~$0.9M (‑21.5%) to $3.1M, and net loss improved to ~ $3.3M from ~$4M; they said products are in >6,000 stores, will launch Kick in Q4, start co‑manufacturing at end‑Q4 2026, expect the first bottle from Prairie Hills in late‑2027, claim presold commitments for 100% of a facility with >100M unit annual capacity, and noted total debt rose ~ $14.2M (including $13.5M new financing), cash & restricted cash ~$10.7M (~$10M restricted, ~$0.7M unrestricted), total assets ~$27.7M, total liabilities ~$22.1M, and operating cash provided ~$0.9M for the six months vs. cash used ~$6.8M year‑ago.Edible Garden AG , Inc. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
38
Negative
Cash Flow
18
Very Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 13.84M | 12.81M | 13.86M | 14.05M | 11.55M | 10.51M |
| Gross Profit | -4.76M | -204.00K | 2.31M | 822.00K | 364.00K | 648.00K |
| EBITDA | -13.81M | -13.12M | -8.67M | -8.22M | -9.38M | -4.10M |
| Net Income | -16.89M | -17.33M | -11.05M | -10.19M | -12.45M | -5.54M |
Balance Sheet | ||||||
| Total Assets | 27.71M | 20.60M | 11.91M | 6.66M | 6.96M | 3.99M |
| Cash, Cash Equivalents and Short-Term Investments | 658.00K | 1.11M | 3.53M | 510.00K | 110.00K | 31.00K |
| Total Debt | 2.54M | 2.72M | 3.80M | 4.46M | 6.45M | 8.29M |
| Total Liabilities | 22.13M | 8.10M | 7.82M | 6.94M | 9.14M | 11.10M |
| Stockholders Equity | 5.57M | 12.50M | 4.09M | -288.00K | -2.18M | -7.11M |
Cash Flow | ||||||
| Free Cash Flow | -8.01M | -12.44M | -8.82M | -9.55M | -11.22M | -4.23M |
| Operating Cash Flow | -4.14M | -11.80M | -8.52M | -8.53M | -9.19M | -4.08M |
| Investing Cash Flow | -4.23M | -987.00K | -303.00K | -1.02M | -2.03M | -151.00K |
| Financing Cash Flow | 16.21M | 10.38M | 11.84M | 9.95M | 11.30M | 4.25M |
Edible Garden AG , Inc. Technical Analysis
Negative
3.14
Price Trends
4.59
Negative
14.57
Negative
167.77
Negative
Market Momentum
-0.93
Negative
21.94
Positive
4.66
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EDBL, the sentiment is Negative. The current price of 3.14 is above the 20-day moving average (MA) of 1.95, below the 50-day MA of 4.59, and below the 200-day MA of 167.77, indicating a bearish trend. The MACD of -0.93 indicates Negative momentum. The RSI at 21.94 is Positive, neither overbought nor oversold. The STOCH value of 4.66 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EDBL.
Edible Garden AG , Inc. Risk Analysis
Edible Garden AG , Inc. disclosed 2 risk factors in its most recent earnings report. Edible Garden AG , Inc. reported the most risks in the "Legal & Regulatory" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 1 New Risks
Edible Garden AG , Inc. Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
47 Neutral | $24.32M | -0.38 | 43.72% | ― | 17.77% | 80.48% | |
45 Neutral | $2.85M | -0.02 | -139.07% | ― | 12.31% | 87.61% | |
43 Neutral | $17.40M | -0.26 | 612.34% | ― | -99.94% | -1172.55% | |
41 Neutral | $6.74M | -0.29 | -368.03% | ― | ― | ― |
* Consumer Defensive Sector Average
EDBL
Edible Garden AG , Inc.
1.46
-849.04
-99.83%
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SDOT
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13.18
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AFRI
Forafric Global
11.15
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LOCL
Local Bounti Corporation
1.04
-1.44
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Edible Garden AG , Inc. Corporate Events
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Edible Garden Launches At-The-Market Equity Offering Program
Positive
Aug 11, 2026
On August 11, 2026, Edible Garden AG Incorporated entered into an Equity Distribution Agreement with Maxim Group LLC to set up an at-the-market offering program for up to $7,195,548 of its common stock. The arrangement allows the company, at its d...
Business Operations and StrategyRegulatory Filings and Compliance
Edible Garden Exchanges Preferred Stock for Common Shares
Neutral
Aug 7, 2026
On August 3, 2026, Edible Garden AG Inc. entered into exchange agreements with Streeterville Capital LLC to convert 1,252 shares of its Series B preferred stock, with an aggregate stated value of $1,252,000, into 537,335 shares of common stock. Th...
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Edible Garden AG Completes Preferred-to-Common Share Exchange
Neutral
Jul 31, 2026
On July 27, 2026 and July 29, 2026, Edible Garden AG Inc. entered into exchange agreements with Streeterville Capital LLC to convert portions of its Series B preferred stock into common equity. The company exchanged a total stated value of $2,074,...
Business Operations and StrategyPrivate Placements and Financing
Edible Garden Restructures Capital Through Equity Exchange
Neutral
Jul 10, 2026
On July 8 and July 9, 2026, Edible Garden AG Inc. entered into exchange agreements with Streeterville Capital LLC to convert a total of 1,134 shares of its Series B preferred stock, with an aggregate stated value of $1,134,000, into 8,203,075 shar...
Stock Split
Edible Garden Announces 1-for-45 Reverse Stock Split
Neutral
Jul 9, 2026
On July 8, 2026, Edible Garden AG Inc. amended its Certificate of Incorporation in Delaware to implement a 1-for-45 reverse stock split of its common stock, effective at 12:01 a.m. Eastern Time on July 13, 2026. The company’s shares will con...
Executive/Board ChangesPrivate Placements and FinancingRegulatory Filings and ComplianceShareholder MeetingsStock Split
Edible Garden Approves Reverse Split and Governance Measures
Neutral
Jul 1, 2026
On June 22 and June 30, 2026, Edible Garden AG Inc. entered into exchange agreements with Streeterville Capital LLC to swap an aggregate 1,830 shares of Series B preferred stock, with a stated value of $1.83 million, for 11,000,786 shares of commo...
Shareholder Meetings
Edible Garden Adjourns and Reschedules 2026 Annual Meeting
Neutral
Jun 26, 2026
On June 25, 2026, Edible Garden AG Inc. reconvened and then adjourned its 2026 annual meeting of stockholders, and the meeting is scheduled to reconvene virtually on June 30, 2026, at 10:00 a.m. Eastern Time. The record date remains May 6, 2026, t...
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Edible Garden Enters New Secured Note Financing Agreement
Neutral
Jun 13, 2026
On June 12, 2026, Edible Garden AG Inc. entered into a note purchase agreement with Streeterville Capital to issue two secured promissory notes with an aggregate purchase price of $12 million, consisting of a $2.17 million A‑1 Note with an 8...
Business Operations and StrategyPrivate Placements and Financing
Edible Garden Executes Preferred-for-Common Stock Exchange Transactions
Neutral
Jun 12, 2026
On May 21, 2026 and June 8, 2026, Edible Garden AG Incorporated entered into exchange agreements with investor Streeterville Capital, LLC to convert a total of 199 shares of its Series B preferred stock, with an aggregate stated value of $199,000,...
Delistings and Listing ChangesRegulatory Filings and Compliance
Edible Garden Faces Nasdaq Delisting Risk, Plans Appeal
Negative
May 29, 2026
On May 27, 2026, Edible Garden AG, Inc. disclosed that it had received a notice from Nasdaq stating the company no longer met the minimum $1 bid price requirement, after its shares traded below that level for at least 30 consecutive business days....
Business Operations and StrategyPrivate Placements and Financing
Edible Garden Restructures Capital Through Preferred Stock Exchange
Neutral
May 21, 2026
On May 15, 2026, Edible Garden AG Inc. entered into exchange agreements with Streeterville Capital to swap 1,222 shares of its Series B preferred stock, with an aggregate stated value of $1,222,000, for 3,253,455 shares of common stock. The exchan...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.