On Nov 21, major Wall Street analysts update their ratings for $BellRing Brands (BRBR.US)$, with price targets ranging from $75 to $86.
Barclays analyst Andrew Lazar maintains with a buy rating, and adjusts the target price from $74 to $79.
Jefferies analyst Kaumil Gajrawala maintains with a buy rating, and adjusts the target price from $84 to $86.
Evercore analyst David Palmer maintains with a buy rating, and adjusts the target price from $65 to $78.
TD Cowen analyst Robert Moskow maintains with a buy rating, and adjusts the target price from $70 to $83.
Stifel analyst Matthew Smith, CFA maintains with a buy rating, and maintains the target price at $81.
Furthermore, according to the comprehensive report, the opinions of $BellRing Brands (BRBR.US)$'s main analysts recently are as follows:
The company's positioning to manage demand instead of being constrained by supply, specifically concerning Premier Protein, presents a significant opportunity, according to the analyst.
BellRing Brands posted fiscal Q4 results that aligned closely with expectations and presented fiscal 2025 guidance that considerably surpassed analysts' forecasts. The outlook conveyed a strong confidence underpinned by adequate supply chains and a robust lineup of innovation, supported extensively by full-year advertising and promotional activities. This positions the company and its stock favorably for future prospects.
The firm is revising its estimates upward following a strong fourth quarter performance and a positive fiscal year 2025 outlook. It believes that the elevated multiple applied to its 2025 EPS estimation is warranted, given BellRing's potential for future growth driven by robust consumer interest.
BellRing Brands reported fiscal fourth quarter sales and earnings that exceeded expectations, with fiscal 2025 guidance surpassing mid-point consensus. Despite the shares having rallied by 29% in three months and seeing an EBITDA margin slightly below expectations, growth in the company's profit dollars is expected to outpace previous assumptions. The sustained growth rate justifies the company's premium valuation.
BellRing Brands reported a strong conclusion to the year, with anticipated momentum continuing into FY25, fueled by enhanced marketing efforts, expanded distribution, favorable category dynamics, and inventory replenishments. As supply constraints diminish and marketing efforts intensify, the company is well-positioned to capitalize on the sustained demand for protein shakes.
Here are the latest investment ratings and price targets for $BellRing Brands (BRBR.US)$ from 6 analysts:
Note:
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