NASDAQ:APPH AppHarvest (APPH) Stock Forecast, Price & News $0.44 0.00 (0.00%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$0.43▼$0.4650-Day Range$0.43▼$0.6152-Week Range$0.42▼$4.84Volume1.32 million shsAverage Volume1.58 million shsMarket Capitalization$68.56 millionP/E RatioN/ADividend YieldN/APrice Target$1.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media AppHarvest MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside239.4% Upside$1.50 Price TargetShort InterestBearish16.98% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.54Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.70) to ($0.25) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.52 out of 5 starsBusiness Services Sector294th out of 337 stocksAgricultural Production - Crops Industry10th out of 11 stocks 3.2 Analyst's Opinion Consensus RatingAppHarvest has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $1.50, AppHarvest has a forecasted upside of 239.4% from its current price of $0.44.Amount of Analyst CoverageAppHarvest has only been the subject of 1 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted16.98% of the float of AppHarvest has been sold short.Short Interest Ratio / Days to CoverAppHarvest has a short interest ratio ("days to cover") of 10.4, which indicates bearish sentiment.Change versus previous monthShort interest in AppHarvest has recently increased by 2.02%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldAppHarvest does not currently pay a dividend.Dividend GrowthAppHarvest does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for APPH. Previous Next 0.8 News and Social Media Coverage News SentimentAppHarvest has a news sentiment score of -0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 3 news articles for AppHarvest this week, compared to 1 article on an average week.Search InterestOnly 12 people have searched for APPH on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added AppHarvest to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AppHarvest insiders have not sold or bought any company stock.Percentage Held by Insiders20.00% of the stock of AppHarvest is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 31.73% of the stock of AppHarvest is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for AppHarvest are expected to grow in the coming year, from ($0.70) to ($0.25) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AppHarvest is -0.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of AppHarvest is -0.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAppHarvest has a P/B Ratio of 0.26. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About AppHarvest (NASDAQ:APPH) StockAppHarvest, Inc., an applied agricultural technology company, develops and operates indoor farms to grow non-GMO produce free of chemical pesticide residues. Its products include tomatoes; and other fruits and vegetables, such as berries, peppers, cucumbers, and salad greens. The company was incorporated in 2018 and is based in Morehead, Kentucky.Read More Receive APPH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AppHarvest and its competitors with MarketBeat's FREE daily newsletter. Email Address APPH Stock News HeadlinesJune 3, 2023 | americanbankingnews.comAppHarvest (NASDAQ:APPH) Price Target Cut to $1.00June 1, 2023 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: AppHarvest (APPH), Salesforce (CRM) and Gitlab (GTLB)June 3, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 24, 2023 | bizjournals.comAfter shutdown of robotic farming co. Iron Ox, new business sprouts to make a run with seed-growing techMay 15, 2023 | tmcnet.comAg tech veteran David Lee becomes CEO andMay 13, 2023 | finance.yahoo.comAppHarvest, Inc. (NASDAQ:APPH) Q1 2023 Earnings Call TranscriptMay 12, 2023 | marketwatch.comTrading Appharvest Inc $APPH With Integrated Risk ControlsMay 12, 2023 | msn.comAppHarvest: Faces Liquidity Bottlenecks Even As CEA Revenue ExplodesJune 3, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 12, 2023 | americanbankingnews.comAppHarvest (NASDAQ:APPH) Given New $1.00 Price Target at BarclaysMay 11, 2023 | finanznachrichten.deFinancialBuzz.com: Investor Interest Growing in Agricultural TechnologiesMay 10, 2023 | finance.yahoo.comAppHarvest beats consensus with Q1 2023 net sales of $13.0 million and makes significant progress on five-year Project New Leaf strategyMay 10, 2023 | marketwatch.comGreenhouse Tomato Market Size and Gross Margin: Latest Insights | 2031May 3, 2023 | americanbankingnews.comAppHarvest (APPH) to Release Earnings on WednesdayMay 1, 2023 | barrons.comAppHarvest Inc.April 26, 2023 | finance.yahoo.comAppHarvest sets first quarter earnings call on May 10, 2023April 17, 2023 | americanbankingnews.comAppHarvest, Inc. (NASDAQ:APPH) Sees Large Growth in Short InterestApril 6, 2023 | americanbankingnews.comAppHarvest (NASDAQ:APPH) versus AMAYA Global (OTCMKTS:AYAG) Head-To-Head SurveyApril 3, 2023 | americanbankingnews.comAppHarvest, Inc. (NASDAQ:APPH) Sees Large Increase in Short InterestMarch 15, 2023 | marketwatch.comGreenhouse Vegetable Market Size, Share, Growth Statistics, Leading Players and Forecast 2028March 11, 2023 | finance.yahoo.comAppHarvest Full Year 2022 Earnings: EPS Misses ExpectationsFebruary 10, 2023 | benzinga.comWhy AppHarvest Shares Are Nosediving FridayJanuary 30, 2023 | marketwatch.comGreenhouse Tomato Market Size 2023 : Segment Overview, Company Profiles, Regional Analysis and Forecast 2028January 18, 2023 | finance.yahoo.comAppHarvest begins commercial shipments from first harvest at new Richmond, Ky., 60-acre high-tech indoor farmJanuary 3, 2023 | finance.yahoo.comAppHarvest names CEA industry veteran Tony Martin Chief Operating OfficerDecember 27, 2022 | finance.yahoo.comAppHarvest completes deal with Mastronardi Berea LLC for $127 million sale-leaseback of Berea. Ky., farm and opens Richmond, Ky., 60-acre high-tech indoor farm achieving goal to quadruple number of operating farms in 2022November 28, 2022 | finance.yahoo.comFire Awards: AppHarvest has created 700 Kentucky jobs. Here's what comes nextSee More Headlines APPH Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart APPH Company Calendar Last Earnings3/09/2023Today6/03/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Agricultural production - crops Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:APPH CUSIPN/A CIK1807707 Webappharvest.com Phone606-653-6100FaxN/AEmployees500Year FoundedN/APrice Target and Rating Average Stock Price Forecast$1.50 High Stock Price Forecast$2.00 Low Stock Price Forecast$1.00 Forecasted Upside/Downside+239.4%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($1.63) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-176,650,000.00 Net Margins-800.58% Pretax Margin-790.00% Return on Equity-45.62% Return on Assets-24.02% Debt Debt-to-Equity Ratio1.06 Current Ratio2.25 Quick Ratio1.92 Sales & Book Value Annual Sales$14.59 million Price / Sales4.70 Cash FlowN/A Price / Cash FlowN/A Book Value$1.73 per share Price / Book0.26Miscellaneous Outstanding Shares155,110,000Free Float124,087,000Market Cap$68.56 million OptionableOptionable Beta2.69 Key ExecutivesMr. Jonathan Webb (Age 38)Founder, Chairman & CEO Comp: $1.81MMr. Loren Eggleton (Age 40)Chief Financial Officer Comp: $358.78kDerek LyonsGen. CounselMr. Travis M. ParmanChief Communications OfficerMs. Kristi PutnamChief People OfficerMr. Landon Headley ButlerChief Commercial OfficerMr. Christopher ScottChief Devel. & Construction OfficerMr. Mark KellerSVP of Software Applications PlatformMore ExecutivesKey CompetitorsSunCar Technology GroupNASDAQ:SDACryptydeNASDAQ:TYDEEZGO TechnologiesNASDAQ:EZGOOhmyhomeNASDAQ:OMHMMTecNASDAQ:MTCView All CompetitorsInsiders & InstitutionsState Street CorpBought 112,270 shares on 5/16/2023Ownership: 1.713%Geode Capital Management LLCBought 364,590 shares on 5/16/2023Ownership: 1.114%Susquehanna International Group LLPSold 87,400 shares on 5/16/2023Ownership: 0.000%Jane Street Group LLCBought 34,900 shares on 5/16/2023Ownership: 0.000%Sculptor Capital LPSold 359,500 shares on 5/16/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions APPH Stock - Frequently Asked Questions Should I buy or sell AppHarvest stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AppHarvest in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" APPH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in APPH, but not buy additional shares or sell existing shares. View APPH analyst ratings or view top-rated stocks. What is AppHarvest's stock price forecast for 2023? 3 brokerages have issued 12-month target prices for AppHarvest's stock. Their APPH share price forecasts range from $1.00 to $2.00. On average, they predict the company's share price to reach $1.50 in the next year. This suggests a possible upside of 239.4% from the stock's current price. View analysts price targets for APPH or view top-rated stocks among Wall Street analysts. How have APPH shares performed in 2023? AppHarvest's stock was trading at $0.5674 on January 1st, 2023. Since then, APPH shares have decreased by 22.1% and is now trading at $0.4420. View the best growth stocks for 2023 here. When is AppHarvest's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our APPH earnings forecast. How were AppHarvest's earnings last quarter? AppHarvest, Inc. (NASDAQ:APPH) posted its quarterly earnings data on Thursday, March, 9th. The company reported ($0.49) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.41) by $0.08. The business had revenue of $4.55 million for the quarter, compared to the consensus estimate of $4.44 million. AppHarvest had a negative trailing twelve-month return on equity of 45.62% and a negative net margin of 800.58%. What ETFs hold AppHarvest's stock? ETFs with the largest weight of AppHarvest (NASDAQ:APPH) stock in their portfolio include Global X AgTech & Food Innovation ETF (KROP), VanEck Future of Food ETF (YUMY).VegTech Plant-based Innovation & Climate ETF (EATV) and What guidance has AppHarvest issued on next quarter's earnings? AppHarvest updated its FY 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $40.00 million-$50.00 million, compared to the consensus revenue estimate of $43.95 million. What is AppHarvest's stock symbol? AppHarvest trades on the NASDAQ under the ticker symbol "APPH." Who are AppHarvest's major shareholders? AppHarvest's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Alyeska Investment Group L.P. (5.91%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (5.42%), BlackRock Inc. (3.83%), State Street Corp (1.71%), Geode Capital Management LLC (1.11%) and GMT Capital Corp (0.78%). Insiders that own company stock include Ciara Burnham, David J Lee, David J Lee, J Kevin Willis, Jeffrey W Ubben, Julie Nelson, Maria C Borras and Robert J Laikin. View institutional ownership trends. How do I buy shares of AppHarvest? Shares of APPH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is AppHarvest's stock price today? One share of APPH stock can currently be purchased for approximately $0.44. How much money does AppHarvest make? AppHarvest (NASDAQ:APPH) has a market capitalization of $68.56 million and generates $14.59 million in revenue each year. The company earns $-176,650,000.00 in net income (profit) each year or ($1.63) on an earnings per share basis. How many employees does AppHarvest have? The company employs 500 workers across the globe. How can I contact AppHarvest? AppHarvest's mailing address is 500 Appalachian Way, Morehead KY, 40351. The official website for the company is appharvest.com. The company can be reached via phone at 606-653-6100 or via email at appharvestir@appharvest.com. This page (NASDAQ:APPH) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding AppHarvest, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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