Sow Good (SOWG)
NASDAQ:SOWG
Want to see SOWG full AI Analyst Report?
Top Page
Sow Good
(NASDAQ:SOWG)
Select Model
Select Model
Rating:42Neutral
Price Target:
$1.50
▲(341.18% Upside)
Action:Upgraded
Date:05/12/26
The score is held down primarily by weak financial quality (persistent losses/negative cash flow and a highly concerning 2025 annual snapshot with negative equity) and strongly bearish technicals (price well below key moving averages and negative MACD). Corporate events are a mixed offset—added financing flexibility and a transformative acquisition attempt, but paired with reverse-split/compliance pressure, leadership disruption, and dilution risk—while valuation provides limited support due to negative earnings.
Positive Factors
Vertical integration & multi-channel distribution
Owning in-house freeze-drying production and selling through both DTC e-commerce and wholesale gives durable operational control over quality, cost and capacity. That vertical integration supports consistent product supply, margin capture and channel diversification, reducing single-channel dependency over the medium term.
Negative Factors
Persistent negative cash generation
Consistent negative operating and free cash flow indicates the business does not self-fund growth, creating durable reliance on external financing. Over months, this raises refinancing and execution risk, constrains investment in capacity or marketing, and weakens negotiating leverage with suppliers and partners.
Read all positive and negative factors
Positive Factors
Negative Factors
Vertical integration & multi-channel distribution
Owning in-house freeze-drying production and selling through both DTC e-commerce and wholesale gives durable operational control over quality, cost and capacity. That vertical integration supports consistent product supply, margin capture and channel diversification, reducing single-channel dependency over the medium term.
Read all positive factors
Sow Good (SOWG) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$38.90M
Dividend YieldN/A
Average Volume (3M)659.98K
Price to Earnings (P/E)―
Beta (1Y)2.02
Revenue Growth-81.88%
EPS Growth-672.07%
CountryUS
Employees86
SectorConsumer Defensive
Sector Strength42
IndustryPackaged Foods
Share Statistics
EPS (TTM)-51.60
Shares Outstanding20,053,425
10 Day Avg. Volume76,965
30 Day Avg. Volume659,977
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-1.59
Price to Sales (P/S)0.00
P/FCF Ratio-0.95
Enterprise Value/Market Cap0.04
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-0.10
Enterprise Value/Ebitda-0.29
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Sow Good Business Overview & Revenue Model
Company Description
Sow Good Inc. provides freeze-dried snacks, smoothies, soups, and granola in the United States. The company markets its products through direct-to-consumer focused website, as well as through the business-to-business sales channel. It offers its p...
How the Company Makes Money
Sow Good makes money primarily by selling freeze-dried candy and related freeze-dried snack products. Its revenue model is driven by (1) direct-to-consumer sales, where customers purchase products through the company’s online storefront(s), and (2...
Sow Good Earnings Call Summary
Earnings Call Date:Nov 14, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:May 20, 2026
Earnings Call Sentiment Negative
The earnings call presented significant operational improvements and strategic initiatives for future growth, including cost reductions and new product launches. However, these positive steps were overshadowed by a dramatic decline in revenue, negative gross margins, increased net losses, and decreased cash reserves. The company is in a transitional period with a focus on positioning for future profitability, but current financial metrics indicate substantial challenges.Positive Updates
Cost Reduction and Efficiency Improvements
Sow Good Inc. completed lease amendments resulting in over $5 million in annualized rent savings and reduced their operational footprint by over 370,000 square feet. Additionally, payroll efficiencies lowered monthly costs by approximately $40,000.
Negative Updates
Significant Revenue Decline
Revenue for Q3 2025 was $1.6 million compared to $36 million for the same period in 2024, primarily due to lower average selling prices and discontinued SKUs.
Read all updates
Q3-2025 Updates
Positive
Negative
Cost Reduction and Efficiency Improvements
Sow Good Inc. completed lease amendments resulting in over $5 million in annualized rent savings and reduced their operational footprint by over 370,000 square feet. Additionally, payroll efficiencies lowered monthly costs by approximately $40,000.
Read all positive updates
Company Guidance
In the recent conference call, Sow Good Inc. provided detailed guidance on its strategic initiatives and financial outlook, aimed at steering the company towards profitability in 2026. The company highlighted significant operational changes, including lease amendments that saved over $5 million annually and reduced facility footprints by more than 370,000 square feet. Payroll efficiencies achieved a monthly cost reduction of approximately $40,000. Despite a challenging third quarter with a revenue decline to $1.6 million and a gross loss of $8.9 million, the company is optimistic about its strategic focus on innovative SKUs and private label partnerships, such as its new caramel crunch product. Sow Good Inc. has secured $1 million in insider financial commitments to support these initiatives, with expectations of improved margins starting in mid-2026 as they optimize their cost structure and expand retail reach. The company is committed to leveraging its vertically integrated platform and innovation expertise to capture market opportunities and drive long-term growth.Sow Good Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
22
Negative
Cash Flow
14
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 31.99M | 16.07M | 428.13K | 88.44K |
| Gross Profit | -33.10K | 12.98M | 4.88M | 119.84K | 7.13K |
| EBITDA | -6.51M | -114.89K | -761.34K | -10.55M | -6.66M |
| Net Income | -40.64M | -3.70M | -3.06M | -12.13M | -6.87M |
Balance Sheet | |||||
| Total Assets | 3.78M | 54.70M | 21.49M | 8.90M | 14.10M |
| Cash, Cash Equivalents and Short-Term Investments | 1.47M | 3.72M | 2.41M | 276.46K | 3.35M |
| Total Debt | 1.57M | 20.36M | 11.84M | 5.25M | 2.93M |
| Total Liabilities | 6.34M | 22.71M | 14.21M | 6.09M | 3.28M |
| Stockholders Equity | -2.56M | 31.99M | 7.28M | 2.81M | 10.82M |
Cash Flow | |||||
| Free Cash Flow | -4.31M | -12.70M | -7.11M | -7.83M | -6.62M |
| Operating Cash Flow | -4.31M | -9.43M | -4.85M | -5.15M | -5.55M |
| Investing Cash Flow | 0.00 | -5.93M | -2.27M | -2.62M | -653.05K |
| Financing Cash Flow | 2.06M | 16.67M | 9.25M | 4.70M | 7.64M |
Sow Good Technical Analysis
Negative
0.34
Price Trends
0.43
Negative
0.51
Negative
0.65
Negative
Market Momentum
-0.04
Positive
34.25
Neutral
13.20
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SOWG, the sentiment is Negative. The current price of 0.34 is below the 20-day moving average (MA) of 0.41, below the 50-day MA of 0.43, and below the 200-day MA of 0.65, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 34.25 is Neutral, neither overbought nor oversold. The STOCH value of 13.20 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SOWG.
Sow Good Risk Analysis
Sow Good disclosed 43 risk factors in its most recent earnings report. Sow Good reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Sow Good Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $391.79M | 20.53 | 12.30% | ― | 7.26% | 104.70% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
60 Neutral | $24.91M | <0.01 | 4089.67% | ― | -6.57% | -27.32% | |
46 Neutral | $16.68M | -2.11 | -17.43% | ― | 10.24% | -55.68% | |
42 Neutral | $38.90M | -0.04 | -214.22% | ― | -81.88% | -672.07% |
* Consumer Defensive Sector Average
SOWG
Sow Good
1.94
-7.80
-80.07%
PLAG
Planet Green Holdings
1.73
0.51
41.80%
NAII
Natural Alternatives International
2.70
-0.60
-18.21%
NATR
Nature's Sunshine Products
22.28
7.59
51.67%
NCRA
Nocera
0.21
-0.79
-79.20%
WYHG
Wing Yip Food Holdings Group Limited Sponsored ADR
0.81
-0.91
-52.97%
Sow Good Corporate Events
Executive/Board Changes
Sow Good Announces Resignation of Board Director Lazar
Neutral
May 11, 2026
On May 6, 2026, Sow Good Inc. announced that director David E. Lazar resigned from the company’s board effective immediately. The company stated that Lazar’s departure did not arise from any disagreement over its operations, policies o...
Business Operations and StrategyM&A TransactionsPrivate Placements and Financing
Sow Good Secures Credit Line for Critical Minerals Shift
Positive
May 5, 2026
On May 5, 2026, Sow Good announced it had executed a term sheet for a $20 million non-convertible, private placement line of credit with Sagol Advisors to fund its transition into critical minerals and battery anode materials. The flexible, intere...
Business Operations and StrategyM&A Transactions
Sow Good Announces Transformative Nachu Graphite Project Acquisition
Positive
Apr 22, 2026
On April 22, 2026, Sow Good Inc. disclosed an all-stock agreement to acquire 100% of Ryzon Materials’ Tanzanian subsidiaries, which own the Nachu Graphite Project, for AUD150 million (about US$107 million), partly subject to escrow and requi...
Business Operations and StrategyM&A Transactions
Sow Good Moves to Acquire Nachu Graphite Project
Positive
Apr 21, 2026
On April 20, 2026, Sow Good’s subsidiary SOWG Tanzania Inc. entered into a definitive share purchase agreement to acquire 100% of the Tanzanian subsidiaries holding the Nachu Graphite Project from Ryzon Materials for AUD$150 million, payable...
Delistings and Listing ChangesRegulatory Filings and ComplianceStock Split
Sow Good Announces 15-for-1 Reverse Stock Split
Negative
Apr 17, 2026
On April 17, 2026, Sow Good Inc. announced that its board approved a 15-to-1 reverse stock split of its common stock, effective at 5:00 p.m. Eastern Time on April 23, 2026, with trading to begin on a split-adjusted basis on April 24, 2026. The com...
Executive/Board ChangesPrivate Placements and Financing
Sow Good Announces Leadership Overhaul and Board Restructuring
Negative
Apr 1, 2026
On March 31, 2026, Sow Good raised $3 million through the private sale of 1.5 million shares of Series AAA Convertible Redeemable Preferred Stock to a non-U.S. investor group led through a Panamanian holding company, with each preferred share init...
Business Operations and StrategyRegulatory Filings and ComplianceShareholder MeetingsStock Split
Sow Good Expands Authorized Shares and Capital Flexibility
Neutral
Mar 30, 2026
On March 25, 2026, Sow Good obtained effective stockholder consent from holders of 50.7% of its outstanding common shares to approve several capital measures, including the issuance of common stock upon conversion of its Series AA and Series AAA p...
Business Operations and StrategyExecutive/Board ChangesPrivate Placements and FinancingRegulatory Filings and Compliance
Sow Good Amends Preferred Stock Terms in Financing Shift
Neutral
Feb 19, 2026
On February 18, 2026, Sow Good Inc. amended its Securities Purchase Agreement with investor David Lazar, replacing the prior Certificate of Designation for 1,500,000 Series AAA preferred shares with a new one that makes the Series AAA stock redeem...
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.