Edible Garden AG , Inc. (EDBL)
NASDAQ:EDBL
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Edible Garden AG , Inc.
(NASDAQ:EDBL)
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Rating:40Underperform
Price Target:
$1.00
▲(42.86% Upside)
Action:DowngradedDate:04/01/26
The score is driven down primarily by severe and worsening profitability with ongoing cash burn, reinforced by strongly bearish technicals (price well below key moving averages and weak momentum). Offsetting factors are limited: the earnings call outlined credible strategic initiatives and distribution gains, and the balance sheet improved versus prior years, but financing needs and execution/timing risks remain high.
Positive Factors
Distribution expansion
Broad retail placement across ~6,000 doors and recent national retailer wins materially strengthens Edible Garden's go-to-market footprint. Durable retail distribution increases shelf presence, scale economics, and recurring order flows that support long-term revenue stability if execution continues.
Negative Factors
Persistent cash burn
Consistent negative OCF and FCF indicate the business consumes significant cash to operate and grow. Structural cash burn undermines runway, forces repeated external financing, and increases execution risk for multi-year projects like RTD unless margins convert to positive cash generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Distribution expansion
Broad retail placement across ~6,000 doors and recent national retailer wins materially strengthens Edible Garden's go-to-market footprint. Durable retail distribution increases shelf presence, scale economics, and recurring order flows that support long-term revenue stability if execution continues.
Read all positive factors
Edible Garden AG , Inc. (EDBL) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$635.88K
Dividend YieldN/A
Average Volume (3M)352.06K
Price to Earnings (P/E)―
Beta (1Y)1.48
Revenue Growth-10.77%
EPS Growth97.27%
CountryUS
Employees98
SectorConsumer Defensive
Sector Strength42
IndustryAgricultural Farm Products
Share Statistics
EPS (TTM)-24.81
Shares Outstanding594,278
10 Day Avg. Volume907,390
30 Day Avg. Volume352,057
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)1.40
Price to Sales (P/S)1.37
P/FCF Ratio-1.41
Enterprise Value/Market Cap2.68
Enterprise Value/Revenue0.13
Enterprise Value/Gross Profit-8.37
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 makes money primarily by producing and selling fresh, packaged agricultural products—most notably culinary herbs—and distributing them to customers such as grocery retailers and foodservice buyers. Revenue is generated from product s...
Edible Garden AG , Inc. Earnings Call Summary
Earnings Call Date:Mar 31, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:May 20, 2026
Earnings Call Sentiment Neutral
The call presented clear operational and strategic progress (notably distribution expansion to ~6,000 doors, new retail partnerships, international CPG entry, and a major RTD initiative with Tetra Pak) alongside a deliberate shift toward higher-margin, shelf-stable categories. However, financial results remain pressured: full-year revenue declined ~7.9% (partly by intentional exits), Q4 and full-year gross profit moved into losses, COGS and SG&A rose materially (Q4 COGS +~39.5%, Q4 SG&A +~76.9%), and management emphasized these were front-loaded, nonrecurring, or investment-driven costs that should improve as programs scale. Balance sheet trends were modestly positive (debt down ~$0.6M, equity improved via preferred issuance). Given meaningful strategic positives but also notable near-term financial deterioration and remaining execution and capital/timing uncertainties, the overall tone is balanced.Positive Updates
Distribution Expansion and Retail Wins
Expanded distribution to nearly 6,000 store locations, with incremental placement of more than 700 additional retail locations in Q4; new and expanded placements with Kroger, Weis Markets, Safeway, The Fresh Market and Busch's; increased domestic e-commerce and international placements including Amazon, PriceSmart, Target.com and Walmart.com.
Negative Updates
Full-Year Revenue Decline
Full year 2025 revenue was approximately $12.8 million versus $13.9 million in 2024, a decline of ~$1.1M or ~7.9%; management attributes a portion of the decline to strategic exits from floral and lettuce (~$1M of 2024 revenue) which were low-margin lines.
Read all updates
Q4-2025 Updates
Positive
Negative
Distribution Expansion and Retail Wins
Expanded distribution to nearly 6,000 store locations, with incremental placement of more than 700 additional retail locations in Q4; new and expanded placements with Kroger, Weis Markets, Safeway, The Fresh Market and Busch's; increased domestic e-commerce and international placements including Amazon, PriceSmart, Target.com and Walmart.com.
Read all positive updates
Company Guidance
The company guided toward a margin recovery and higher‑margin CPG/RTD expansion while citing concrete metrics: distribution is nearly 6,000 stores (with >700 incremental doors added in Q4), Q4 revenue was ~$4.1M (vs $3.9M LY) with Q4 COGS ~$5.3M (vs $3.8M) producing a ~$1.2M gross loss (vs flat in 2024) and Q4 SG&A ~$4.6M (vs $2.6M); full‑year revenue was ~$12.8M (vs $13.9M), full‑year COGS ~$13.0M (vs $11.6M), full‑year gross loss ~$0.2M (vs $2.3M profit) and FY SG&A ~$15.3M (vs $11.6M), with total debt down ~ $0.6M and equity bolstered by a preferred issuance; near‑term expectations include core CEA high‑single‑digit growth, nutraceuticals growing ~20%+, blended margins in the low‑double‑digits to mid‑teens, RTD margins targeted at ~20–30%, RTD capacity potential in the hundreds of millions of units (aiming to “sell out the plant” within ~90 days) and a Midwest RTD facility coming online toward the tail end of 2027, all supported by a stated 98% in‑stock rate and the $842.5B global RTD market opportunity (projected to ~$1.26T by 2033).Edible Garden AG , Inc. Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
38
Negative
Cash Flow
16
Very Negative
| Breakdown | Dec 2025 | 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 | -15.80M | -8.67M | -8.22M | -9.38M | -4.10M |
| Net Income | -33.85M | -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 | 2.51M | 3.80M | 4.46M | 6.45M | 8.29M |
| Total Liabilities | 1.01M | 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
3.10
Negative
6.83
Negative
14.11
Negative
Market Momentum
-0.66
Positive
25.75
Positive
13.40
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 below the 20-day moving average (MA) of 1.90, below the 50-day MA of 3.10, and below the 200-day MA of 14.11, indicating a bearish trend. The MACD of -0.66 indicates Positive momentum. The RSI at 25.75 is Positive, neither overbought nor oversold. The STOCH value of 13.40 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. 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 | $36.51M | -3.81 | 96.71% | ― | 31.61% | 37.02% | |
41 Neutral | $2.77M | -0.08 | -46.64% | ― | -29.40% | -535.63% | |
40 Underperform | $635.88K | -0.52 | -179.10% | ― | -10.77% | 97.27% | |
39 Underperform | $4.56M | ― | ― | ― | ― | ― |
* Consumer Defensive Sector Average
EDBL
Edible Garden AG , Inc.
1.07
-27.03
-96.19%
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Edible Garden AG , Inc. Corporate Events
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...
Business Operations and StrategyPrivate Placements and FinancingStock Split
Edible Garden Restructures Capital Via Unregistered Equity Exchange
Neutral
Feb 5, 2026
On December 11, 2025, December 17, 2025, January 30, 2026, and February 3, 2026, Edible Garden AG Inc. entered into a series of exchange agreements with Streeterville Capital, LLC, under which it exchanged an aggregate of 390 shares of its Series ...
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.