BARK (NYSE:BARK) Releases Quarterly Earnings Results, Hits Expectations

BARK (NYSE:BARK - Get Free Report) posted its quarterly earnings data on Wednesday. The company reported $0.01 earnings per share for the quarter, hitting the consensus estimate of $0.01, RTT News reports. The business had revenue of $115.41 million during the quarter, compared to analysts' expectations of $126.74 million. BARK had a negative net margin of 6.47% and a negative return on equity of 15.34%. BARK updated its Q1 2026 guidance to EPS.

BARK Stock Performance

Shares of BARK stock traded down $0.37 during midday trading on Thursday, reaching $0.98. 11,941,243 shares of the company's stock traded hands, compared to its average volume of 972,091. The company has a market cap of $171.01 million, a PE ratio of -5.15 and a beta of 2.01. The stock has a 50 day moving average of $1.26 and a 200-day moving average of $1.65. BARK has a 12 month low of $0.95 and a 12 month high of $2.56.

Wall Street Analyst Weigh In

BARK has been the subject of a number of research reports. Canaccord Genuity Group dropped their price objective on shares of BARK from $2.50 to $2.00 and set a "hold" rating for the company in a report on Thursday. Jefferies Financial Group lowered their target price on BARK from $4.00 to $3.00 and set a "buy" rating on the stock in a research note on Thursday.

Hedge Funds Weigh In On BARK

An institutional investor recently raised its position in BARK stock. AQR Capital Management LLC grew its stake in shares of BARK, Inc. (NYSE:BARK - Free Report) by 627.8% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 154,257 shares of the company's stock after acquiring an additional 133,061 shares during the quarter. AQR Capital Management LLC owned about 0.09% of BARK worth $214,000 as of its most recent SEC filing. 28.76% of the stock is owned by institutional investors and hedge funds.

BARK Company Profile

BARK Inc, a dog-centric company, provides products, services, and content for dogs. It operates in two segments, Direct to Consumer and Commerce. The company serves dogs through monthly subscription services. It is also involved in the design of playstyle-specific toys, satisfying treats, personal meal plans with supplements, and dog-first experiences designed to foster health and happiness of dogs everywhere.