BellRing Brands (BRBR) AI Stock Analysis

• Market Cap: $4.16B
• Dividend Yield: N/A
• Average Volume (3M): 2.44M
• Price to Earnings (P/E): 18.9
• Beta (1Y): 0.75
• Revenue Growth: 16.27%
• EPS Growth: 5.13%
• Country: US
• Employees: 485
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 0.55
• Shares Outstanding: 125,979,164
• 10 Day Avg. Volume: 2,308,442
• 30 Day Avg. Volume: 2,442,739
• PEG Ratio: 0.61
• Price to Book (P/B): -38.43
• Price to Sales (P/S): 3.96
• P/FCF Ratio: 40.00
• Enterprise Value/Market Cap: 2.01
• Enterprise Value/Revenue: 3.76
• Enterprise Value/Gross Profit: 10.62
• Enterprise Value/Ebitda: 22.79
• 1Y Price Target: $50.33
• Price Target Upside: 52.28% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 16

• Rating: 55 Neutral
• Price Target: $34.00 ▲(2.87% Upside)

The overall stock score of 55 reflects significant financial challenges, particularly in terms of leverage and cash flow generation, despite strong revenue growth. Technical indicators suggest bearish momentum, adding to the cautious outlook. Valuation is reasonable, but the lack of a dividend yield may limit appeal to some investors. The earnings call provided a cautiously optimistic outlook, but this was not factored into the score due to the redistribution of weights.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective sales strategies, supporting long-term business expansion and stability.

Market Leadership

Market leadership in the RTD shake category strengthens brand recognition and provides a competitive edge, driving sustained growth and customer loyalty.

Innovation Success

Successful innovation with new product lines like non-dairy offerings expands market reach and caters to evolving consumer preferences, enhancing long-term growth potential.

Negative Factors

High Leverage

High leverage poses financial risks, potentially limiting the company's ability to invest in growth opportunities and increasing vulnerability to economic downturns.

Cash Flow Challenges

Weak cash flow generation can constrain operational flexibility and hinder the company's ability to fund strategic initiatives, impacting long-term financial health.

Cost Pressures

Rising input costs and inflationary pressures can erode profit margins, challenging the company's ability to maintain profitability and necessitating cost management strategies.

BellRing Brands Business Overview & Revenue Model

Company Description

BellRing Brands, Inc. (BRBR) is a leading company in the nutrition and wellness sector, primarily focusing on the development and marketing of a wide range of protein-based products. Operating under well-known brands such as Protein2o, Premier Protein, and Dymatize, BellRing offers products that cater to health-conscious consumers seeking convenient and effective nutritional solutions. The company serves various market segments, including retail, e-commerce, and foodservice, providing protein shakes, bars, powders, and snacks designed to support active lifestyles.

How the Company Makes Money

BellRing Brands generates revenue through the sale of its diverse portfolio of protein products. Key revenue streams include direct sales to retailers, online sales through e-commerce platforms, and partnerships with foodservice providers. The company's strong brand recognition and focus on innovation allow it to maintain competitive pricing and attract a loyal customer base. Additionally, strategic partnerships and distribution agreements with major retailers enhance its market presence and drive sales growth. The company also benefits from seasonal promotions and marketing campaigns that further increase customer engagement and sales volume.

BellRing Brands Financial Statement Overview

Summary

BellRing Brands shows strong revenue growth and stable gross margins, but faces challenges with profitability and leverage. The high debt-to-equity ratio and negative equity highlight financial risks, while cash flow generation has weakened. The company needs to focus on improving profitability and reducing leverage to enhance its financial position.

Income Statement

BellRing Brands has demonstrated consistent revenue growth, with a TTM revenue growth rate of 1.46%. The gross profit margin remains stable at around 35%, indicating efficient cost management. However, the net profit margin has slightly decreased from 12.35% to 10.26% in the TTM, suggesting some pressure on profitability. Overall, the company shows strong revenue growth but faces challenges in maintaining net profitability.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of -3.26 in the TTM, indicating significant leverage and potential financial risk. The negative stockholders' equity suggests that liabilities exceed assets, which could be a concern for long-term financial stability. Return on equity is negative, reflecting challenges in generating returns for shareholders. The company needs to address its leverage to improve financial health.

Cash Flow

Operating cash flow has significantly decreased in the TTM, with a free cash flow growth rate of -75.24%. The operating cash flow to net income ratio is low at 0.14, indicating potential issues in cash generation relative to earnings. However, the free cash flow to net income ratio remains strong at 0.97, showing that the company is still generating cash relative to its net income. Improving cash flow stability is crucial for future growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.22B	2.00B	1.67B	1.37B	1.25B	988.30M
Gross Profit	788.10M	707.30M	530.20M	421.80M	386.20M	338.00M
EBITDA	367.30M	387.70M	315.60M	248.20M	217.60M	189.30M
Net Income	228.30M	246.50M	165.50M	116.00M	114.40M	100.10M
Balance Sheet
Total Assets	993.70M	837.00M	691.60M	707.20M	696.50M	653.50M
Cash, Cash Equivalents and Short-Term Investments	43.70M	71.10M	48.40M	35.80M	152.60M	48.70M
Total Debt	1.01B	839.60M	856.80M	929.50M	597.50M	686.40M
Total Liabilities	1.30B	1.04B	1.02B	1.08B	762.00M	814.50M
Stockholders Equity	-309.90M	-205.90M	-323.50M	-376.20M	-3.06B	-2.18B
Cash Flow
Free Cash Flow	126.70M	197.80M	213.80M	19.20M	224.50M	95.10M
Operating Cash Flow	131.60M	199.60M	215.60M	21.00M	226.10M	97.20M
Investing Cash Flow	-4.90M	-1.80M	-1.80M	-1.80M	-1.60M	-2.10M
Financing Cash Flow	-144.90M	-175.10M	-201.70M	-135.00M	-120.90M	-52.60M

BellRing Brands Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 33.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BRBR, the sentiment is Negative. The current price of 33.05 is below the 20-day moving average (MA) of 34.42, below the 50-day MA of 36.86, and below the 200-day MA of 58.77, indicating a bearish trend. The MACD of -1.25 indicates Negative momentum. The RSI at 36.49 is Neutral, neither overbought nor oversold. The STOCH value of 34.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BRBR.

BellRing Brands Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MZTI	75 Outperform	$4.59B	27.43	17.35%	2.28%	2.00%	5.39%
POST	75 Outperform	$5.94B	18.73	9.23%	―	0.80%	10.43%
FLO	66 Neutral	$2.65B	12.12	15.61%	7.78%	-0.61%	70.09%
CAG	64 Neutral	$8.75B	10.31	9.65%	7.65%	-4.11%	72.17%
SMPL	63 Neutral	$2.04B	19.90	5.86%	―	8.98%	-26.29%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
BRBR	55 Neutral	$4.16B	18.89	―	―	16.27%	5.13%

BellRing Brands Corporate Events

BellRing Brands Announces New $400 Million Share Buyback

On September 2, 2025, BellRing Brands, Inc. announced that its Board of Directors approved a new $400 million share repurchase authorization, effective immediately, while canceling the previous $300 million authorization. The new authorization will last for two years, allowing the company to repurchase shares through various methods, though it is not obligated to purchase any specific amount. This move reflects BellRing’s strategic financial management and could impact its market positioning and shareholder value, as the timing and amount of repurchases will depend on factors like liquidity, share price, and market conditions.

The most recent analyst rating on (BRBR) stock is a Buy with a $64.00 price target. To see the full list of analyst forecasts on BellRing Brands stock, see the BRBR Stock Forecast page.

BellRing Brands Amends Credit Agreement with JPMorgan

On August 22, 2025, BellRing Brands, Inc. amended its Credit Agreement with JPMorgan Chase Bank, increasing its revolving credit facility from $250 million to $500 million and extending the maturity date to August 22, 2030. The amendment also reduces the interest rate on borrowings and broadens exceptions to certain covenants, potentially enhancing the company’s financial flexibility and operational capacity.

The most recent analyst rating on (BRBR) stock is a Buy with a $66.00 price target. To see the full list of analyst forecasts on BellRing Brands stock, see the BRBR Stock Forecast page.

BellRing Brands Reports Strong Sales Amid Legal Challenges

BellRing Brands, Inc. is a holding company operating in the global convenient nutrition category, known for its popular brands like Premier Protein and Dymatize, which offer ready-to-drink protein shakes and powder products. The company reported its third-quarter earnings for 2025, showcasing a solid performance despite some challenges. BellRing Brands achieved net sales of $547.5 million, marking a 6.2% increase from the previous year, driven by volume and price/mix growth. However, operating profit decreased significantly due to a $68.1 million provision for legal matters, impacting net earnings, which fell to $21.0 million, a 71.5% drop from the prior year.

BellRing Brands’ Earnings Call: Growth Amid Challenges

The recent earnings call for BellRing Brands Inc Class A showcased a strong performance and strategic growth in key areas such as revenue, brand penetration, and innovation. Despite these positive developments, the company faces challenges from legal and margin pressures, increased competition, and future cost concerns.

BellRing Brands Announces Board Leadership Changes

On July 30, 2025, Elliot H. Stein, Jr. announced his resignation from the Board of Directors of BellRing Brands, Inc., effective September 30, 2026. His departure was not due to any disagreements with the company. The Board has made several changes to its leadership and committee assignments, effective immediately, to ensure a smooth transition of responsibilities. Thomas P. Erickson has been appointed as the lead independent director, Shawn W. Conway as Chair of the Compensation and Corporate Governance Committee, and Jennifer Kuperman as a member of the Executive Committee. These changes are part of the Board’s regular review process to align roles with the skills and experience of its members.

The most recent analyst rating on (BRBR) stock is a Buy with a $65.00 price target. To see the full list of analyst forecasts on BellRing Brands stock, see the BRBR Stock Forecast page.