BARK (NYSE:BARK) Stock Breaks Above Fifty Day Moving Average After Earnings Miss

Key Points

• BARK shares rose 11.6% and moved above their 50-day moving average after the earnings release, trading as high as $9.44.
• Quarterly revenue of $87.56 million slightly beat estimates and exceeded the high end of company guidance, but BARK’s $0.43-per-share loss narrowly missed the $0.42 loss analysts expected.
• BARK forecast fiscal Q3 revenue of $88 million to $92 million, above consensus; it also plans to start licensing its BARK Air brand in 2027 as a potential new revenue source.

Shares of BARK, Inc. (NYSE:BARK - Get Free Report) passed above its 50 day moving average during trading on Friday following a better than expected earnings announcement. The stock has a 50 day moving average of $8.62 and traded as high as $9.44. BARK shares last traded at $9.3310, with a volume of 61,433 shares traded.

The company reported ($0.43) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.42) by ($0.01). The business had revenue of $87.56 million for the quarter, compared to analyst estimates of $87.50 million. BARK had a negative net margin of 8.42% and a negative return on equity of 35.66%.

Key BARK News

Here are the key news stories impacting BARK this week:

• Positive Sentiment: BARK forecast fiscal Q3 revenue of $88 million to $92 million, above the $87.5 million consensus estimate. The company also said Q2 revenue of $87.56 million exceeded the high end of its guidance range. BARK Q3 outlook and brand licensing plans
• Positive Sentiment: The company plans to begin licensing the BARK Air brand on January 1, 2027, which could create a new source of revenue. BARK Q3 outlook and brand licensing plans
• Neutral Sentiment: Fiscal 2027 revenue guidance is $325 million to $340 million, a range that includes analysts’ $335.4 million estimate. However, its $332.5 million midpoint is below consensus. BARK Q2 2027 earnings call transcript
• Negative Sentiment: BARK reported a loss of $0.43 per share, narrowly missing analysts’ $0.42 loss estimate. The company also continues to report negative net margins and return on equity. BARK quarterly earnings results

Wall Street Analyst Weigh In

Several research firms have commented on BARK. Wall Street Zen raised BARK from a "sell" rating to a "hold" rating in a report on Sunday, July 12th. Weiss Ratings cut shares of BARK from a "sell (d-)" rating to a "sell (e+)" rating in a report on Monday, October 26th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $15.33.

Hedge Funds Weigh In On BARK

An institutional investor recently raised its stake in BARK stock. Renaissance Technologies LLC lifted its position in shares of BARK, Inc. (NYSE:BARK - Free Report) by 98.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 191,700 shares of the company's stock after purchasing an additional 95,200 shares during the quarter. Renaissance Technologies LLC owned 2.22% of BARK worth $97,000 as of its most recent SEC filing. Institutional investors own 28.76% of the company's stock.

BARK Trading Up 11.6%

The stock has a market capitalization of $84.26 million, a price-to-earnings ratio of -3.32 and a beta of 1.99. The stock has a 50-day moving average price of $8.62 and a 200 day moving average price of $10.80.

BARK Company Profile

BARK, Inc is a New York-based company focused on developing products, services and experiences for dogs and their owners. The company operates a digitally led, omnichannel business that combines subscription offerings, e-commerce and retail distribution.

Its brands and products include BARKBox, a subscription service offering themed boxes of toys and treats; Super Chewer, which provides more durable toys and treats; and BARK Bright, an oral-care line for dogs. BARK also sells toys, treats, food, beds, apparel and other dog-related products through its website, retail partners and other channels.

Founded in 2011, BARK serves customers primarily in the United States and has expanded its products through both direct-to-consumer and retail channels.

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