BellRing Brands stock price target raised to $82 from $80 at Jefferies

Investing.com - Jefferies raised its price target on BellRing Brands (NYSE:BRBR) to $82.00 from $80.00 on Wednesday, while maintaining a Buy rating on the stock. Currently trading at $54.89, the company shows strong fundamentals with an overall GREAT financial health score according to InvestingPro analysis.

The firm noted that consumption for BellRing’s products remains solid despite what it characterized as overly negative market sentiment, with the stock trading at 22 times 2026 earnings estimates. With impressive revenue growth of 18.91% over the last twelve months and a favorable PEG ratio of 0.5, InvestingPro analysis suggests the stock may be undervalued relative to its growth potential.

Jefferies acknowledged that competition in the nutritional products space is intensifying but emphasized that the overall category remains healthy with "room for multiple winners."

The firm highlighted that current destocking is not related to a slowdown in demand, and clarification on this point should remove a key concern for investors.

Jefferies raised its 2025 estimates for BellRing to the higher end of the company’s guidance, projecting 16% sales growth and 11% EBITDA growth, and expects management to narrow its guidance range.

In other recent news, BellRing Brands has been the subject of several analyst adjustments. Truist Securities lowered its price target for BellRing Brands to $60, maintaining a Hold rating, citing multiple compression in the high-growth consumer peer group. Meanwhile, Mizuho (NYSE:MFG) Securities adjusted its price target from $85 to $75 but kept an Outperform rating, noting strong sales performance for BellRing’s Premier shakes. DA Davidson upgraded BellRing Brands from Neutral to Buy, setting a price target of $85, expressing confidence in the company’s Premier Protein products and their retail performance. Furthermore, DA Davidson reaffirmed its Neutral rating, highlighting BellRing Brands in their Best-of-Breed Bison initiative for its competitive strengths. In other developments, Post Holdings (NYSE:POST) announced a definitive agreement to acquire 8th Avenue Food & Provisions for approximately $880 million. This acquisition will expand Post Holdings’ product offerings and manufacturing capabilities. These recent developments provide insights into the strategic moves and market perceptions of BellRing Brands and Post Holdings.

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