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Grove Collaborative Holdings
(NYSE:GROV)
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Rating:48Neutral
Price Target:
$1.00
▲(3.09% Upside)
Action:Reiterated
Date:10/02/26
The score is primarily held back by weak financial performance (ongoing revenue contraction and negative TTM profitability/cash flow) and a technically neutral-to-weak trend (below longer-term moving averages). Offsetting factors include improving operating discipline highlighted on the earnings call (positive adjusted EBITDA and positive operating cash flow) but corporate-event risk remains elevated due to NYSE noncompliance.
Positive Factors
Improving EBITDA and Cash Flow
Repeated positive adjusted EBITDA and quarterly operating cash flow indicate that cost actions are improving the operating model. If maintained, this progress can reduce funding needs, support execution of the 2026 plan, and move Grove toward sustainable self-financing.
Negative Factors
Shrinking Revenue and Customer Base
The simultaneous decline in revenue, orders, and active customers signals that demand and platform reach remain under pressure rather than reflecting an isolated margin issue. A smaller customer base can weaken scale, reduce marketing efficiency, and make durable growth harder to restore.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving EBITDA and Cash Flow
Repeated positive adjusted EBITDA and quarterly operating cash flow indicate that cost actions are improving the operating model. If maintained, this progress can reduce funding needs, support execution of the 2026 plan, and move Grove toward sustainable self-financing.
Read all positive factors
Grove Collaborative Holdings (GROV) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$44.84M
Dividend YieldN/A
Average Volume (3M)67.73K
Price to Earnings (P/E)―
Beta (1Y)0.32
Revenue Growth-14.25%
EPS Growth66.08%
CountryUS
Employees265
SectorConsumer Defensive
Sector Strength42
IndustryHousehold & Personal Products
Share Statistics
EPS (TTM)-0.19
Shares Outstanding42,701,046
10 Day Avg. Volume28,480
30 Day Avg. Volume67,730
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)5.53
Price to Sales (P/S)0.25
P/FCF Ratio-5.29
Enterprise Value/Market Cap1.88
Enterprise Value/Revenue0.53
Enterprise Value/Gross Profit0.99
Enterprise Value/Ebitda-21.84
Forecast
1Y Price Target
$2.00Price Target Upside106.19% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.16
Revenue Forecast (FY)$148.63M
Grove Collaborative Holdings Business Overview & Revenue Model
Company Description
Grove Collaborative Holdings, Inc., a consumer products company, develops and sells household, personal care, beauty, and other consumer products in the United States. The company sells its products under the Grove-owned brands through direct-to-c...
How the Company Makes Money
Grove generates revenue primarily by selling consumer packaged goods directly to customers through its e-commerce channel(s). Its key revenue streams include: (1) product sales of its owned brands (including Grove Co. and other owned brands) where...
Grove Collaborative Holdings Earnings Call Summary
Earnings Call Date:Aug 06, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Nov 05, 2026
Earnings Call Sentiment Neutral
Neutral — The call highlights disciplined cost reductions, improving unit economics, positive adjusted EBITDA for the third consecutive quarter, and positive operating cash flow and liquidity. Management reinforced strategic initiatives (subscriptions, drop-ship, Amazon expansion) and sustainability leadership while reaffirming full-year guidance. Offsetting these positives are material year-over-year declines in net revenue (-16.9%), orders (-23.6%) and active customers (-23.3%), gross margin compression (down 190 bps) and legacy impacts from reduced advertising and platform disruptions. Given the mix of clear progress on profitability and cash versus significant top-line and customer base deterioration, the overall picture is balanced.Positive Updates
Sequential Revenue Growth
Net revenue of $36.6 million, up 1% quarter-over-quarter, indicating stabilization after prior trough.
Negative Updates
Significant Year-over-Year Revenue Decline
Net revenue declined 16.9% year-over-year to $36.6 million, reflecting the continuing top-line headwind versus prior year.
Read all updates
Q2-2026 Updates
Positive
Negative
Sequential Revenue Growth
Net revenue of $36.6 million, up 1% quarter-over-quarter, indicating stabilization after prior trough.
Read all positive updates
Company Guidance
The company reaffirmed full‑year 2026 guidance of net revenue of $142.5 million to $152.5 million and adjusted EBITDA of breakeven to positive low‑single‑digit millions, with management also expecting sequential net‑revenue improvement in each remaining quarter of 2026; Q2 metrics underpinning that outlook included $36.6 million in net revenue, $0.5 million of adjusted EBITDA (1.3% margin) — the third consecutive quarter of positive adjusted EBITDA — $11.4 million of cash and restricted cash, positive operating cash flow of $1.3 million, and Q2 advertising spend of $1.2 million (3.4% of revenue) with disciplined, planned increases going forward while maintaining strict payback expectations.Grove Collaborative Holdings Financial Statement Overview
Summary
Income Statement
26
Negative
Balance Sheet
40
Negative
Cash Flow
22
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 158.93M | 173.72M | 203.43M | 259.28M | 321.53M | 383.69M |
| Gross Profit | 85.25M | 93.27M | 109.35M | 137.36M | 154.65M | 188.50M |
| EBITDA | -3.85M | -8.78M | -4.79M | -21.29M | -72.26M | -125.65M |
| Net Income | -6.47M | -11.72M | -27.42M | -43.23M | -87.72M | -135.90M |
Balance Sheet | ||||||
| Total Assets | 50.79M | 53.09M | 65.01M | 150.74M | 174.04M | 182.47M |
| Cash, Cash Equivalents and Short-Term Investments | 8.35M | 8.49M | 19.63M | 86.41M | 81.08M | 78.38M |
| Total Debt | 19.07M | 20.45M | 22.09M | 89.56M | 81.09M | 90.51M |
| Total Liabilities | 43.55M | 45.32M | 48.79M | 132.62M | 147.51M | 150.83M |
| Stockholders Equity | 7.24M | 7.77M | 16.22M | 18.12M | 26.53M | 31.64M |
Cash Flow | ||||||
| Free Cash Flow | -1.12M | -8.12M | -11.51M | -10.98M | -100.48M | -132.86M |
| Operating Cash Flow | -477.00K | -6.95M | -9.75M | -7.99M | -96.26M | -127.09M |
| Investing Cash Flow | -630.00K | -4.00M | -1.62M | -2.98M | -4.22M | -5.77M |
| Financing Cash Flow | -1.43M | -1.56M | -59.19M | 9.86M | 118.09M | 34.71M |
Grove Collaborative Holdings Technical Analysis
Positive
0.97
Price Trends
1.03
Positive
1.09
Negative
1.20
Negative
Market Momentum
>-0.01
Negative
55.56
Neutral
61.70
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GROV, the sentiment is Positive. The current price of 0.97 is below the 20-day moving average (MA) of 1.02, below the 50-day MA of 1.03, and below the 200-day MA of 1.20, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 55.56 is Neutral, neither overbought nor oversold. The STOCH value of 61.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GROV.
Grove Collaborative Holdings Risk Analysis
Grove Collaborative Holdings disclosed 59 risk factors in its most recent earnings report. Grove Collaborative Holdings 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
Grove Collaborative Holdings Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $30.64M | 12.35 | 22.24% | 8.25% | 3.23% | -3.58% | |
68 Neutral | $243.37M | 24.70 | 8.33% | 1.01% | 9.04% | -6.36% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
52 Neutral | $16.27M | -2.16 | 336.75% | 5.96% | -4.97% | -91.06% | |
48 Neutral | $44.84M | -5.42 | -83.49% | ― | -14.25% | 66.08% | |
47 Neutral | $5.97M | 0.83 | 1.71% | 14.46% | 77.22% | -89.32% | |
44 Neutral | $70.80M | -2.41 | -47.84% | ― | -6.45% | -43.98% |
* Consumer Defensive Sector Average
GROV
Grove Collaborative Holdings
1.05
-0.18
-14.63%
ACU
Acme United
63.48
25.04
65.14%
MTEX
Mannatech
8.43
-0.48
-5.39%
UG
United-Guardian
6.67
-0.07
-1.04%
SKIN
Beauty Health
10.88
-18.32
-62.74%
TKLF
Yoshitsu Co. Ltd. Sponsored ADR
1.41
-1.81
-56.21%
Grove Collaborative Holdings Corporate Events
Executive/Board Changes
Grove Collaborative Appoints New Principal Financial Officer
Positive
Oct 2, 2026
On October 1, 2026, Grove Collaborative Holdings, Inc.’s Board of Directors appointed Flip van den Bosch, the company’s Controller, as principal financial officer and principal accounting officer, marking a significant leadership shift...
Business Operations and StrategyExecutive/Board Changes
Grove Collaborative Revises Board Structure, Adds Independent Director
Positive
Aug 31, 2026
On August 27, 2026, Grove Collaborative Holdings, Inc. announced the resignation of director Naytri Shroff Sramek, who had chaired the Sustainability, Nominating and Governance Committee and served on the Audit Committee, with the company noting t...
Delistings and Listing ChangesRegulatory Filings and Compliance
Grove Collaborative Faces NYSE Noncompliance, Potential Delisting Risk
Negative
Aug 11, 2026
On August 7, 2026, Grove Collaborative Holdings, Inc. received a notice from the New York Stock Exchange that it was not in compliance with listing standards requiring an average market capitalization and stockholders’ equity of at least $50...
Business Operations and StrategyFinancial Disclosures
Grove Collaborative Reports Q2 Results, Reaffirms 2026 Guidance
Neutral
Aug 6, 2026
Grove Collaborative reported fiscal second-quarter 2026 results on August 6, 2026, with net revenue of $36.6 million, down 16.9% year over year but up 1.0% sequentially, and its third consecutive quarter of positive adjusted EBITDA at $0.5 million...
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.