Edible Garden AG , Inc. (EDBL)
NASDAQ:EDBL
Want to see EDBL full AI Analyst Report?
Top Page
Edible Garden AG , Inc.
(NASDAQ:EDBL)
Select Model
Select Model
Rating:43Neutral
Price Target:
$0.28
▼(-60.43% Downside)
Action:Reiterated
Date:05/19/26
The score is held down mainly by weak financial performance (persistent losses and cash burn) and very bearish technicals (price far below key moving averages with negative momentum). Earnings call momentum on revenue growth and distribution expansion provides some offset, but rising expenses, liquidity risk, and secured financing pressures keep the overall outlook weak.
Positive Factors
Retail Footprint Expansion
Expanding to 6,000+ retail locations diversifies revenue channels and builds durable shelf presence with national retailers. Scale in distribution supports higher volumes, reduces customer concentration risk, and creates a platform to shift mix toward higher‑margin branded items over the medium term.
Negative Factors
Negative Gross Margins and Losses
A structural margin deterioration—gross margin turning negative and large operating losses—means core operations are not yet economically viable. Without sustained sourcing improvements, mix shift to higher‑margin products, or pricing gains, negative margins will continue to suppress free cash flow and capital formation over many quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Retail Footprint Expansion
Expanding to 6,000+ retail locations diversifies revenue channels and builds durable shelf presence with national retailers. Scale in distribution supports higher volumes, reduces customer concentration risk, and creates a platform to shift mix toward higher‑margin branded items over the medium term.
Read all positive factors
Edible Garden AG , Inc. (EDBL) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.51M
Dividend YieldN/A
Average Volume (3M)352.06K
Price to Earnings (P/E)―
Beta (1Y)0.97
Revenue Growth-0.07%
EPS Growth81.57%
CountryUS
Employees98
SectorConsumer Defensive
Sector Strength42
IndustryAgricultural Farm Products
Share Statistics
EPS (TTM)-98.19
Shares Outstanding5,469,314
10 Day Avg. Volume907,390
30 Day Avg. Volume352,057
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)1.40
Price to Sales (P/S)1.37
P/FCF Ratio-1.41
Enterprise Value/Market Cap1.00
Enterprise Value/Revenue0.11
Enterprise Value/Gross Profit-0.37
Enterprise Value/Ebitda-0.11
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-15.1
Revenue Forecast (FY)$21.12M
Edible Garden AG , Inc. Business Overview & Revenue Model
Company Description
Edible Garden AG Incorporated, together with its subsidiaries, operate as a controlled environment agriculture farming company. It offers various packaged products, including cilantro, rosemary, mint, thyme, oregano, bay leaves, chives, poultry mi...
How the Company Makes Money
Edible Garden generates revenue primarily by selling (1) produce grown in its controlled-environment greenhouse operations—principally culinary herbs and leafy greens—and (2) packaged food products sold under its brands. The core economics are bas...
Edible Garden AG , Inc. Earnings Call Summary
Earnings Call Date:May 15, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Aug 19, 2026
Earnings Call Sentiment Neutral
The call presented a mix of encouraging top-line momentum and strategic progress alongside notable margin, expense and liquidity challenges. Revenue grew strongly (22.9% YoY) with sizable category gains (cut herbs +45.9%, condiments +51%, vitamins +27%, international +50%) and expanded retail reach (6,000+ stores). Management highlighted meaningful progress on the RTD platform (Tetra Pak partnership, McCormick collaboration, co-manufacturing plan) and an improvement in cash flow (positive operating cash flow of ~$251k and cash rising to ~$2.0M). Offsetting these positives were a significant operating expense increase (+$4.4M vs prior year), higher depreciation (~$2.5M) tied to the RTD pivot, a widened net loss (~$3.7M), reliance on a discrete ~$3.4M tax benefit, ongoing working capital deficits, and near-term execution/capacity risk while dependent on co-manufacturing until the company's factory is online. Overall, momentum and strategic direction are constructive, but financial and execution risks temper the outlook.Positive Updates
Revenue Growth
Total revenue increased approximately 22.9% year-over-year to approximately $3.3 million for the quarter (from ~$2.7 million prior year), driven by retail expansion and category growth.
Negative Updates
Operating Expense Increase
Operating expenses rose to $10.0 million for the quarter versus $5.6 million prior year — an increase of $4.4 million — primarily driven by higher cost of goods sold from third-party sourcing and increased depreciation & amortization.
Read all updates
Q1-2026 Updates
Positive
Negative
Revenue Growth
Total revenue increased approximately 22.9% year-over-year to approximately $3.3 million for the quarter (from ~$2.7 million prior year), driven by retail expansion and category growth.
Read all positive updates
Company Guidance
The company’s guidance emphasized disciplined execution to “continue scaling revenue” and margin improvement while prioritizing (1) expanding distribution across a retail footprint now exceeding 6,000 locations (Q1 adds included Target, Safeway, Fresh Market, Hannaford, Busch’s and Woodman’s), (2) improving cost structure by transitioning cut‑herb sourcing and focusing on higher‑margin branded categories, and (3) advancing its RTD manufacturing initiative (Tetra Pak integration at Prairie Hills, prototype run mid‑July, co‑manufacturer supply beginning September, own factory targeted late 2027/early 2028); management pointed to Q1 metrics of revenue up ~22.9% YoY to ~$3.3M (vs ~$2.7M), cut herbs +45.9% (~46%), vitamins +27%, condiments +51%, international sales +50%, a product mix today of ~40–50% cut herbs and ~20% vitamins, operating expenses $10.0M (vs $5.6M), depreciation & amortization up ~$2.5M, a discrete income tax benefit of ~$3.4M, net loss of ~$3.7M (vs ~$3.3M), cash of ~$2.0M (up from $1.1M) with positive operating cash flow of ~$251k, and a 98% ship rate — all cited as the foundation for pursuing the RTD opportunity in a global RTD market forecasted to grow from ~$842.5B in 2025 to ~$1.26T by 2033.Edible Garden AG , Inc. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
36
Negative
Cash Flow
10
Very Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 12.81M | 13.86M | 14.05M | 11.55M | 10.51M |
| Gross Profit | -204.00K | 2.31M | 822.00K | 364.00K | 648.00K |
| EBITDA | -13.12M | -8.67M | -8.22M | -9.38M | -4.10M |
| Net Income | -17.33M | -11.05M | -10.19M | -12.45M | -5.54M |
Balance Sheet | |||||
| Total Assets | 20.60M | 11.91M | 6.66M | 6.96M | 3.99M |
| Cash, Cash Equivalents and Short-Term Investments | 1.11M | 3.53M | 510.00K | 110.00K | 31.00K |
| Total Debt | 2.72M | 3.80M | 4.46M | 6.45M | 8.29M |
| Total Liabilities | 8.10M | 7.82M | 6.94M | 9.14M | 11.10M |
| Stockholders Equity | 12.50M | 4.09M | -288.00K | -2.18M | -7.11M |
Cash Flow | |||||
| Free Cash Flow | -12.44M | -8.82M | -9.55M | -11.22M | -4.23M |
| Operating Cash Flow | -11.80M | -8.52M | -8.53M | -9.19M | -4.08M |
| Investing Cash Flow | -987.00K | -303.00K | -1.02M | -2.03M | -151.00K |
| Financing Cash Flow | 10.38M | 11.84M | 9.95M | 11.30M | 4.25M |
Edible Garden AG , Inc. Technical Analysis
Negative
0.70
Price Trends
0.99
Negative
2.87
Negative
9.77
Negative
Market Momentum
-0.21
Negative
23.67
Positive
13.32
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 0.7 is above the 20-day moving average (MA) of 0.41, below the 50-day MA of 0.99, and below the 200-day MA of 9.77, indicating a bearish trend. The MACD of -0.21 indicates Negative momentum. The RSI at 23.67 is Positive, neither overbought nor oversold. The STOCH value of 13.32 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 1 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 0 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% | |
48 Neutral | $43.54M | -0.55 | 66.22% | ― | 21.12% | 76.13% | |
43 Neutral | $1.51M | -0.59 | -179.10% | ― | -0.07% | 81.57% | |
43 Neutral | $4.95M | -0.82 | ― | ― | ― | ― | |
40 Underperform | $2.38M | -0.14 | -46.64% | ― | -84.17% | -742.59% |
* Consumer Defensive Sector Average
EDBL
Edible Garden AG , Inc.
0.28
-49.62
-99.45%
AQB
AquaBounty Technologies
0.96
0.06
6.89%
SDOT
Sadot Group
0.18
-11.82
-98.53%
AFRI
Forafric Global
10.01
2.22
28.50%
LOCL
Local Bounti Corporation
1.91
-0.23
-10.75%
Edible Garden AG , Inc. Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Edible Garden Alters Capital Structure Through Equity Exchange
Neutral
Apr 24, 2026
On April 21, 2026, Edible Garden AG, Inc. entered into exchange agreements with Streeterville Capital, LLC to swap 3,301 shares of its Series B Preferred Stock, with an aggregate stated value of $3,301,000, for 3,587,478 shares of its common stock...
Private Placements and FinancingRegulatory Filings and Compliance
Edible Garden Announces Unregistered Preferred-for-Common Stock Exchange
Neutral
Apr 21, 2026
On March 26, 2026, and April 15, 2026, Edible Garden AG, Inc. entered into exchange agreements with Streeterville Capital, LLC to swap a total of 135 shares of its Series B preferred stock, with an aggregate stated value of $135,000, for 128,119 s...
Business Operations and StrategyPrivate Placements and Financing
Edible Garden AG Executes Preferred-for-Common Stock Exchanges
Neutral
Mar 30, 2026
On March 19, 24, and 26, 2026, Edible Garden AG Inc. entered into a series of exchange agreements with Streeterville Capital LLC, swapping a total of 1,184 shares of Series B preferred stock, with an aggregate stated value of $1,184,000, for 670,1...
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Edible Garden Executes Preferred-for-Common Stock Exchange
Neutral
Mar 18, 2026
On March 12, 2026, Edible Garden AG, Inc. entered into exchange agreements with Streeterville Capital, LLC to swap 121 shares of its Series B preferred stock, with an aggregate stated value of $121,000, for 50,840 shares of its common stock. The e...
Business Operations and StrategyPrivate Placements and Financing
Edible Garden Executes Preferred-for-Common Stock Exchange Agreements
Neutral
Mar 11, 2026
On February 9, 2026, March 4, 2026, March 9, 2026, and March 10, 2026, Edible Garden AG Inc. entered into a series of exchange agreements with Streeterville Capital LLC to convert multiple tranches of its Series B preferred stock into a total of 1...
Business Operations and Strategy
Edible Garden Signs Interim Equipment Agreements With Tetra Pak
Neutral
Mar 11, 2026
On March 4, 2026, Edible Garden AG entered into two interim order agreements with Tetra Pak to begin engineering services and preliminary procurement for processing and packaging equipment at its planned production project in Webster City, Iowa. U...
Business Operations and StrategyPrivate Placements and Financing
Edible Garden Secures New $1.6 Million Secured Note Financing
Negative
Mar 4, 2026
On March 3, 2026, Edible Garden AG Inc. entered into a Note Purchase Agreement with Streeterville Capital, issuing a secured promissory note with a principal amount of $1,625,000, including an original issue discount and expense reimbursement, for...
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.