Heritage Distilling Holding Company (IPST) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 3.35M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.82
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 83
• Sector: General
• Sector Strength: N/A
• Industry: Beverages - Alcoholic
• EPS (TTM): N/A
• Shares Outstanding: 26,239,883
• 10 Day Avg. Volume: 448,407
• 30 Day Avg. Volume: 3,349,743
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.07
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 46 Neutral
• Price Target: $0.50 ▼(-13.79% Downside)

The overall stock score is primarily influenced by the company's poor financial performance, which is a significant concern due to declining revenues, negative profitability, and financial instability. Technical analysis provides some short-term positive signals, but these are overshadowed by the financial challenges. The lack of valuation data further complicates the assessment.

Heritage Distilling Holding Company Business Overview & Revenue Model

Company Description

Heritage Distilling Holding Company, Inc. produces, markets, and sells craft spirits (whiskeys, vodkas, gins, rums, ready-to-drink canned cocktails) via wholesale distribution, its own distilleries, tasting rooms, and online. Recently announced an “IP Strategy” involving building a treasury reserve of the Story Protocol’s native $IP token, reflecting a move into cryptocurrency / IP token treasury management.

How the Company Makes Money

Heritage Distilling Holding Company, Inc. generates revenue primarily through the sale of its craft spirits to both retail and wholesale channels. The company distributes its products through a network of liquor stores, bars, restaurants, and direct-to-consumer sales via its tasting rooms and online platform. Additionally, Heritage Distilling offers unique experiences such as custom cask programs, where customers can create personalized spirits, which also contribute to its revenue. Collaborations with other brands and participation in industry events further enhance the company's market presence and revenue streams.

Heritage Distilling Holding Company Financial Statement Overview

Summary

Heritage Distilling Holding Company, Inc. is facing significant financial challenges. The income statement reveals declining revenues and negative profitability. The balance sheet is concerning with negative equity and high leverage, indicating financial distress. Cash flow issues further compound the company's difficulties, suggesting a need for strategic financial restructuring.

Income Statement

The company has experienced declining revenue with a negative growth rate of -6.68% in the TTM period. Margins are under pressure, with a negative net profit margin of -35.64% and EBIT margin of -45.76%. The gross profit margin remains relatively stable at 25.54%, but overall profitability is weak.

Balance Sheet

The balance sheet shows significant financial instability, with a negative stockholders' equity and a high debt-to-equity ratio of -51.63 in the TTM period. The return on equity is positive at 16.75%, but this is due to the negative equity, indicating financial distress.

Cash Flow

Cash flow metrics indicate challenges, with negative operating and free cash flows. The free cash flow to net income ratio is slightly above 1, suggesting that cash flow is not significantly worse than net income, but overall cash flow health is poor.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	7.27M	8.40M	7.97M	8.31M	8.29M
Gross Profit	1.47M	2.13M	2.15M	2.21M	2.24M
EBITDA	-14.40M	5.05M	-32.34M	-7.76M	-3.30M
Net Income	-18.48M	710.46K	-36.80M	-12.27M	-7.22M
Balance Sheet
Total Assets	26.54M	28.00M	26.27M	27.96M	24.90M
Cash, Cash Equivalents and Short-Term Investments	185.95K	453.16K	76.88K	223.03K	205.28K
Total Debt	16.89M	17.18M	56.38M	26.66M	14.27M
Total Liabilities	29.42M	27.21M	69.69M	34.59M	19.69M
Stockholders Equity	-2.89M	791.77K	-43.42M	-6.63M	5.21M
Cash Flow
Free Cash Flow	-9.22M	-11.32M	-8.51M	-9.94M	-8.88M
Operating Cash Flow	-9.38M	-11.22M	-8.48M	-9.30M	-7.69M
Investing Cash Flow	240.88K	-101.33K	-24.11K	-614.38K	-1.19M
Financing Cash Flow	9.17M	11.69M	8.36M	9.93M	8.88M

Heritage Distilling Holding Company Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.58
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IPST, the sentiment is Negative. The current price of 0.58 is below the 20-day moving average (MA) of 0.68, below the 50-day MA of 0.60, and below the 200-day MA of 0.65, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 43.56 is Neutral, neither overbought nor oversold. The STOCH value of 20.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IPST.

Heritage Distilling Holding Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SAM	―	$2.27B	25.10	9.58%	―	-1.13%	24.34%
CCU	―	$2.36B	15.22	10.15%	3.55%	13.92%	32.69%
TAP	―	$8.63B	8.91	7.79%	4.25%	-5.48%	-6.99%
Sector *	―	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IPST	―	―	―	―	―	―	―
SBEV	―	$4.44M	―	―	―	-80.75%	-151.46%

Heritage Distilling Holding Company Corporate Events

Heritage Distilling Faces Nasdaq Compliance Challenge

Heritage Distilling Holding Company, Inc. is facing a compliance issue with the Nasdaq Stock Market as its common stock has not met the minimum bid price requirement of $1.00 per share for thirty consecutive business days as of April 14, 2025. The company has been granted an additional 180-day period until April 13, 2026, to regain compliance, potentially through a reverse stock split. If compliance is not achieved by this deadline, the company risks delisting, although it may appeal this decision.

The most recent analyst rating on (IPST) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Heritage Distilling Holding Company stock, see the IPST Stock Forecast page.

Heritage Distilling Secures Key Executive Agreements

On October 1, 2025, Heritage Distilling Holding Company entered into 18-month employment agreements with key executives, including CEO Justin Stiefel, President Jennifer Stiefel, and CFO Michael Carrosino. The agreements include base salaries and substantial restricted stock unit grants as incentives, reflecting the company’s strategic efforts to retain leadership following significant financial milestones, such as a recent private placement and successful public offerings. These arrangements are designed to ensure continued leadership stability and align executive interests with company performance, potentially impacting the company’s operational focus and market positioning.

The most recent analyst rating on (IPST) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Heritage Distilling Holding Company stock, see the IPST Stock Forecast page.

IP Strategy Launches Validator Business on Story Network

On October 2, 2025, IP Strategy announced the launch of its validator business on the Story Network, marking a strategic shift towards generating recurring revenue from its $IP token holdings. This business, which began operations in September 2025, has already achieved $1.5 million in staking rewards within two weeks and is expected to be highly profitable with potential annual revenues of approximately $28.5 million. The validator business not only enhances IP Strategy’s financial position but also positions it as a central player in the programmable IP economy, offering scalable revenue streams and attracting third-party staking participants.

The most recent analyst rating on (IPST) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Heritage Distilling Holding Company stock, see the IPST Stock Forecast page.

Heritage Distilling Increases Authorized Shares by 500M

On September 18, 2025, Heritage Distilling Holding Company held a special meeting where stockholders approved an amendment to increase the number of authorized shares of capital stock by 500,000,000, resulting in a total of 995,000,000 shares. This amendment was filed with the Secretary of State of Delaware on September 26, 2025, and became effective immediately. The approval reflects a significant move in the company’s strategic planning, potentially impacting its market operations and shareholder value.

The most recent analyst rating on (IPST) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Heritage Distilling Holding Company stock, see the IPST Stock Forecast page.