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Barclays Reduces PT on BellRing Brands (BRBR) to $27, Reiterates An 'Overweight' Rating

stock :: 10hrs ago :: source - insider monkey

By Faheem Tahir

BellRing Brands, Inc. (NYSE:BRBR) is one of the 14 oversold value stocks to invest in right now.

Barclays Reduces PT on BellRing Brands (BRBR) to $27, Reiterates An 'Overweight' Rating. Insider Monkey

On February 5, 2026, Barclays analyst Andrew Lazar revisited BellRing Brands, Inc. (NYSE:BRBR), reducing the firm’s price target from $30 to $27 while reiterating an ‘Overweight’ rating. The analyst update came as the company’s management narrowed the upper end of its fiscal 2026 net sales and adjusted EBITDA guidance amid elevated promotional activity from insurgent protein shake brands.

On February 3, 2026, BellRing Brands, Inc. (NYSE:BRBR) announced its fiscal Q1 results, which featured net sales of $537.30 million, up 1% YoY. Meanwhile, adjusted EBITDA was down to $90.30 million from $125.30 million. Accordingly, net income also marked a decline from $76.90 million to $43.70 million. Top-line growth was driven by Dymatize sales growth of 7.50%, which was partially offset by an RTD sales decline of 2.20%. Heightened whey costs and input inflation kept margins tight, with gross margins contracting to 29.90%. During the quarter, the company repurchased $97 million worth of shares.

Moving on to full-year guidance, BellRing Brands, Inc. (NYSE:BRBR) projects net sales of $2.41-$2.46 billion, growth of 4-6%, adjusted EBITDA of $425-$440 million, and capital expenditures of $8 million amid expectations for second-half accelerations.

BellRing Brands, Inc. (NYSE:BRBR) focuses on providing protein shakes, powders, RTD beverages, and nutrition bars under the Premier Protein and Dymatize brands.

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Disclosure: None.

This article was originally published by Insider Monkey