BellRing Brands, Inc. (BRBR) AI Stock Analysis
BRBR AI stock analysis summary
AI ResearchBellRing Brands, Inc. is a provider of ready-to-drink protein beverages and nutrition products marketed primarily under the Premier Protein and Dymatize brands. While revenue grew to $2.32B in FY2025 with a 5-year CAGR of 18.6%, the stock has dropped 71.6% over the past year. The company carries $1.08B in net debt with negative shareholders' equity of -$467.2M as of June 30, 2026.
- Market cap
- $1.10B
- Revenue (TTM)
- $2.35B
- P/E
- 6.6x fwd 6.0x
- 1Y return
- -71.6% S&P 500 16.8%
- Avg. target
- $13.58 44.0% vs last close
Bull case
- The company maintained a 5-year revenue CAGR of 18.6% through FY2025, driven by demand for Premier Protein and Dymatize products.
- Valuation multiples appear low relative to peers, with a forward P/E of 6.0x versus the US-listed Consumer Defensive peer median of 14.3x.
- Quarterly earnings growth rebounded sharply, advancing 81.3% year-over-year in the quarter ended June 30, 2026.
Bear case
- The stock has dropped 71.6% over the past 12 months, trailing the S&P 500's return of 16.8%.
- The balance sheet carries $1.08B in net debt and negative shareholders' equity of -$467.2M as of June 30, 2026.
- Consensus estimates project EPS to decline 51.8% to $1.05 for the fiscal year ending September 30, 2026.
What BellRing Brands does
BellRing Brands, Inc. specializes in ready-to-drink protein shakes, other beverages, powders, nutrition bars, and related nutrition products. Its offerings are marketed under two primary brands: Premier Protein and Dymatize. The company serves domestic and international markets, distributing through club stores, food retailers, drugstores, mass merchants, eCommerce platforms, specialty outlets, and convenience stores. Founded in 2019 and headquartered in Saint Louis, Missouri, BellRing Brands focuses on active and healthy lifestyle consumer segments across diverse retail and online channels.
Growth and profitability
BellRing Brands expanded revenue from $1.25B in FY2021 to $2.32B in FY2025, representing a 5-year revenue CAGR of 18.6%. Revenue growth moderated from 26.2% in FY2021 to 16.1% in FY2025. Gross margin expanded from 31.0% in FY2021 to a peak of 35.4% in FY2024 before settling at 33.3% in FY2025, while operating margin moved from 13.5% to 15.4%. Net income rose from $27.6M in FY2021 to $216.2M in FY2025, after peaking at $246.5M in FY2024. In the latest quarter ended June 30, 2026, quarterly revenue increased 4.2% year-over-year, and quarterly earnings rose 81.3%.
Balance sheet and cash flow
As of June 30, 2026, BellRing Brands held $50.4M in cash and short-term investments against $1.14B in total debt, leaving net debt at $1.08B. Shareholders' equity stands at -$467.2M, reflecting negative equity, while the current ratio is 2.25. In FY2025, the company generated $260.6M in operating cash flow and $255.9M in free cash flow. Capital expenditures were $4.7M, while share buybacks totaled $474.9M.
Valuation and performance
BRBR closed at $9.43 on October 16, 2026, down 71.6% over the past year compared to a 16.8% gain for the S&P 500. The stock trades at a trailing P/E of 6.6x and a forward P/E of 6.0x, both well below the median of its US-listed Consumer Defensive peers at 18.6x and 14.3x, respectively. Its enterprise value to EBITDA multiple of 6.2x is also discounted relative to the peer group median of 11.7x. The company's price-to-sales multiple is 0.5x compared to the peer median of 0.7x.
What analysts expect
Wall Street analysts covering BellRing Brands maintain 6 Strong Buy, 3 Buy, 5 Hold, and 1 Sell ratings. The mean price target of $13.58 implies an upside of 44.0% over the last close of $9.43. For the fiscal year ending September 30, 2026, analysts estimate EPS of $1.05, representing an expected decline of 51.8%, on revenue of $2.36B. BellRing Brands beat EPS estimates in 1 of the last 4 quarters, and the next earnings date is November 17, 2026.
Key risks and what to watch
- BellRing Brands has negative shareholders' equity of -$467.2M paired with $1.14B in total debt as of June 30, 2026.
- The company beat analyst EPS estimates in only 1 of the last 4 quarters.
- Short interest represents 12.1% of the float, reflecting elevated negative market sentiment.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this BRBR AI stock analysis
This page is an AI-written research summary of BellRing Brands, Inc. (BRBR). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: BRBR income statement, BRBR balance sheet, BRBR key metrics, BRBR analyst forecast, BRBR chart. See the BRBR stock overview for the latest quote and news.
BRBR AI stock analysis FAQ
Does BellRing Brands pay a dividend?
No, BellRing Brands does not pay a dividend. In FY2025, the company deployed capital toward $474.9M in share buybacks and $4.7M in capital expenditures.
What are analysts' price targets for BRBR?
Analysts have a mean price target of $13.58 for BellRing Brands, representing a 44.0% premium over its closing price of $9.43 on October 16, 2026.
How much debt does BellRing Brands hold?
As of June 30, 2026, BellRing Brands reported $1.14B in total debt and $50.4M in cash and short-term investments, resulting in net debt of $1.08B.
When does BellRing Brands report its next earnings?
BellRing Brands is scheduled to report its next earnings on November 17, 2026, with analysts projecting full-year FY2026 EPS of $1.05 on revenue of $2.36B.