Solo Brands (SBDS)
OTHER OTC:SBDS
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Solo Brands
(OTC:SBDS)
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Rating:45Neutral
Price Target:
$4.00
▼(-74.03% Downside)
Action:Reiterated
Date:05/27/26
SBDS scores below average primarily due to weak financial performance (shrinking revenue, deep losses, and balance-sheet strain) and bearish technicals (price below key moving averages with negative MACD). The score is partially supported by improved TTM cash flow and earnings-call progress on cost reductions and reaffirmed guidance, but near-term risks remain elevated given the revenue decline, interest burden, and OTC trading/delisting overhang.
Positive Factors
Brand Strength & Loyalty
Deep brand equity and high customer advocacy create durable demand advantages: strong repeat purchase rates, lower marginal marketing costs, and better new‑product adoption. That franchise power supports DTC margin resilience and long‑run lifetime value even as channels shift, aiding sustained recovery efforts.
Negative Factors
Persistent Revenue Decline
Sustained top‑line shrinkage undermines leverage and margin recovery: lower volumes pressure SG&A absorption and inventory turns, complicating efforts to reach guided adjusted‑EBITDA targets. Continued revenue declines make structural profitability and stable cash conversion harder to achieve.
Read all positive and negative factors
Positive Factors
Negative Factors
Brand Strength & Loyalty
Deep brand equity and high customer advocacy create durable demand advantages: strong repeat purchase rates, lower marginal marketing costs, and better new‑product adoption. That franchise power supports DTC margin resilience and long‑run lifetime value even as channels shift, aiding sustained recovery efforts.
Read all positive factors
Solo Brands (SBDS) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$10.65M
Dividend YieldN/A
Average Volume (3M)69.83K
Price to Earnings (P/E)―
Beta (1Y)2.61
Revenue Growth-32.31%
EPS Growth33.58%
CountryUS
Employees526
SectorConsumer Cyclical
Sector Strength84
IndustrySpecialty Retail
Share Statistics
EPS (TTM)-408.49
Shares Outstanding2,558,984
10 Day Avg. Volume157,534
30 Day Avg. Volume69,830
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.21
Price to Sales (P/S)0.03
P/FCF Ratio-0.16
Enterprise Value/Market Cap26.02
Enterprise Value/Revenue0.92
Enterprise Value/Gross Profit1.86
Enterprise Value/Ebitda-32.66
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)4.34
Revenue Forecast (FY)$465.89M
Solo Brands Business Overview & Revenue Model
Company Description
Solo Brands (SBDS) is a consumer-focused company specializing in outdoor and lifestyle products that enhance the experience of outdoor enthusiasts. The company operates in various sectors, including outdoor recreation, camping, and lifestyle acces...
How the Company Makes Money
Solo Brands primarily makes money by selling branded consumer products across its portfolio of outdoor and lifestyle brands. The company’s core revenue stream is product sales, led by Solo Stove’s fire pits and accessories, complemented by sales f...
Solo Brands Earnings Call Summary
Earnings Call Date:May 14, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Aug 12, 2026
Earnings Call Sentiment Neutral
The call presented a mixed picture: solid execution on cost reduction, product launches, brand strength and early signs of improving sales momentum (including April YoY growth), and the achievement of positive adjusted EBITDA in a seasonally small quarter. However, material challenges remain, including an 18.6% year-over-year revenue decline in Q1, weaker adjusted EBITDA versus prior year, tariff-related costs (~$2 million) that compressed gross margin, elevated interest expense, and a NYSE delisting notice (now trading on OTCQB). Management has clear remediation steps (cost savings, tariff refunds expected ~$10 million, narrowed sales decline trend, reaffirmed guidance), but near-term results were still impacted by timing and macro variability.Positive Updates
Positive Adjusted EBITDA in Seasonally Small Quarter
Adjusted EBITDA was $1.6 million in Q1 2026 (positive), demonstrating operating leverage despite seasonality and a challenging comparability period.
Negative Updates
Revenue Decline
Consolidated net sales were $62.9 million, down 18.6% year-over-year, driven primarily by declines in Direct-to-Consumer and retail channels, particularly at Solo Stove and to a lesser extent Chubby's (partially offset by water sports).
Read all updates
Q1-2026 Updates
Positive
Negative
Positive Adjusted EBITDA in Seasonally Small Quarter
Adjusted EBITDA was $1.6 million in Q1 2026 (positive), demonstrating operating leverage despite seasonality and a challenging comparability period.
Read all positive updates
Company Guidance
Management reaffirmed its full‑year 2026 outlook and emphasized progress toward profitable, cash‑generative growth, reporting Q1 consolidated net sales of $62.9M (down 18.6% YoY but ~16 percentage points better than Q4), gross margin 52.3% (vs 55.2% prior), SG&A $33.2M (down 14.8%), adjusted EBITDA $1.6M (vs $3.5M), net loss $5.5M (vs $12.2M), adjusted net loss $7.5M (vs $4.7M), cash of $16.5M, 2.5M weighted average shares outstanding, and capital structure of a $240M term loan and $90M revolver ( $15M drawn) with weighted rates of 9.07% and 6.99% respectively and no material maturities until 2028; they expect ~ $8M in annualized payroll savings (≈$10M fully burdened), ~ $3.5M in annual distribution/fulfillment savings, a ~$10M tariff refund for the year ( $1.5M received to date and ≈$2M tariff cost in Q1), plan $3–4M of growth capital spend, remain covenant‑compliant, and believe seasonal strength in Q2/Q4 and recent product and retail momentum support their reaffirmed guidance.Solo Brands Financial Statement Overview
Summary
Income Statement
23
Negative
Balance Sheet
46
Neutral
Cash Flow
55
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 302.21M | 316.58M | 454.55M | 494.78M | 517.63M | 403.72M |
| Gross Profit | 148.60M | 162.41M | 260.26M | 302.15M | 318.18M | 258.91M |
| EBITDA | -8.48M | 5.69M | -149.44M | 48.47M | 58.45M | 87.09M |
| Net Income | -102.50M | -145.44M | -113.36M | -111.35M | -7.62M | 48.65M |
Balance Sheet | ||||||
| Total Assets | 362.68M | 360.34M | 495.06M | 659.32M | 862.35M | 837.74M |
| Cash, Cash Equivalents and Short-Term Investments | 16.46M | 20.03M | 11.98M | 19.84M | 23.29M | 25.10M |
| Total Debt | 282.36M | 15.69M | 30.70M | 182.48M | 113.38M | 128.15M |
| Total Liabilities | 316.38M | 308.94M | 301.70M | 287.06M | 287.35M | 263.57M |
| Stockholders Equity | 46.29M | 46.00M | 193.36M | 241.26M | 363.43M | 360.88M |
Cash Flow | ||||||
| Free Cash Flow | 10.96M | -58.65M | -4.00M | 53.33M | 23.15M | -20.89M |
| Operating Cash Flow | 12.52M | -46.60M | 10.52M | 62.42M | 32.40M | -10.25M |
| Investing Cash Flow | -11.15M | -12.05M | -14.51M | -53.08M | -10.02M | -143.89M |
| Financing Cash Flow | -191.37M | 66.55M | -3.66M | -12.87M | -23.54M | 146.48M |
Solo Brands Technical Analysis
Negative
15.40
Price Trends
4.67
Negative
5.56
Negative
8.52
Negative
Market Momentum
-0.18
Positive
41.86
Neutral
28.73
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SBDS, the sentiment is Negative. The current price of 15.4 is above the 20-day moving average (MA) of 4.60, above the 50-day MA of 4.67, and above the 200-day MA of 8.52, indicating a bearish trend. The MACD of -0.18 indicates Positive momentum. The RSI at 41.86 is Neutral, neither overbought nor oversold. The STOCH value of 28.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SBDS.
Solo Brands Risk Analysis
Solo Brands disclosed 55 risk factors in its most recent earnings report. Solo Brands 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
Solo Brands Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
58 Neutral | $66.20M | 3.52 | -151.13% | ― | -0.60% | 548.86% | |
50 Neutral | $20.50M | -20.93 | -3.23% | 25.20% | -10.54% | -332.20% | |
45 Neutral | $10.65M | -0.09 | -58.14% | ― | -32.31% | 33.58% | |
45 Neutral | $48.19M | -1.10 | -61.91% | ― | -6.64% | 29.96% |
* Consumer Cyclical Sector Average
SBDS
Solo Brands
4.16
-2.00
-32.47%
PRTS
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5.98
-3.24
-35.16%
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3.66
2.42
195.16%
NHTC
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2.39
-1.56
-39.49%
JBDI
JBDI Holdings Limited
0.52
-0.51
-49.51%
Solo Brands Corporate Events
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Solo Brands Shareholders Approve Directors and Incentive Plan
Positive
May 27, 2026
On May 22, 2026, Solo Brands, Inc. held its 2026 Annual Meeting of Stockholders, where a quorum of holders of 2,005,034 shares of Class A common stock was present in person or by proxy. At the meeting, stockholders elected two Class II directors, ...
Executive/Board Changes
Solo Brands Appoints New Chief Accounting Officer
Positive
Apr 6, 2026
On April 6, 2026, Solo Brands, Inc. announced that its board appointed Paul Seeds as Chief Accounting Officer and principal accounting officer, effective May 2, 2026, following the March 31, 2026 resignation of current Chief Accounting Officer Dav...
Business Operations and StrategyExecutive/Board Changes
Solo Brands Rebalances Board Classes to Enhance Governance
Neutral
Mar 23, 2026
On March 21, 2026, Solo Brands, Inc. adjusted the composition of its classified Board, moving director Peter Laurinaitis from Class III, whose term was set to expire at the 2027 annual meeting, to Class II, with a term now expiring at the 2026 ann...
Business Operations and StrategyFinancial Disclosures
Solo Brands Issues 2026 Profitability-Focused Financial Guidance
Neutral
Mar 23, 2026
On March 23, 2026, Solo Brands, Inc., a portfolio of outdoor and lifestyle brands including Solo Stove and Chubbies, issued financial guidance for fiscal 2026, signalling a strategic focus on profitability despite soft top-line trends. Management ...
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.