BofA downgrades BellRing's rating, lowers near-term profit forecast

BellRing Brands

19/11/2025 17:42

** BofA downgrades rating on protein-based food and beverages co BellRing Brands BRBR.N to "neutral" from "buy"

** Brokerage cites company's "soft Q4 2025 results, a contentious FY 2026 outlook & long-term sales algorithm cut"

** Cuts price target to $28 from $50, still representing an upside of 6.6% from stock's last close

** On Tuesday, BRBR forecast a 5% decline in Q1 2026 net sales, reflecting tough prior-year comparisons in its club distribution channel and one-time factors including promotions for its beverages

** BofA lowers FY26/27 forecast for adj. EPS to $1.93/$2.15 from $2.23/$2.54

     ** Fourteen of 17 brokerages rate the stock "buy" or higher and three "hold"; their median PT is $39, according to data compiled by LSEG

     ** Including session's moves, shares down 62.3% YTD

(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))