NASDAQ:BGRY

Berkshire Grey (BGRY) Stock Forecast, Price & News

$1.40

+0.02 (+1.45%)

(As of 06/2/2023 ET)

Compare

Today's Range: $1.38
▼
$1.40
50-Day Range: $1.37
▼
$1.40
52-Week Range: $0.51
▼
$2.95

Volume: 766,177 shs
Average Volume: 390,707 shs
Market Capitalization: $339.88 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $1.40

Berkshire Grey MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: N/A
Short Interest: Bearish
7.62% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.69
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.17 out of 5 stars

Computer And Technology Sector

584th out of 609 stocks

General Industrial Machinery, Industry

11th out of 11 stocks

1.0

Analyst's Opinion

Consensus Rating
Berkshire Grey has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Berkshire Grey has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
7.62% of the float of Berkshire Grey has been sold short.
Short Interest Ratio / Days to Cover
Berkshire Grey has a short interest ratio ("days to cover") of 4.6.
Change versus previous month
Short interest in Berkshire Grey has recently increased by 19.62%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Berkshire Grey does not currently pay a dividend.
Dividend Growth
Berkshire Grey does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BGRY.

3.2

News and Social Media Coverage

News Sentiment
Berkshire Grey has a news sentiment score of 0.69. 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 higher news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Berkshire Grey this week, compared to 1 article on an average week.
MarketBeat Follows
3 people have added Berkshire Grey to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Berkshire Grey insiders have not sold or bought any company stock.
Percentage Held by Insiders
34.56% of the stock of Berkshire Grey is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
80.99% of the stock of Berkshire Grey is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Berkshire Grey is -2.92, 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. Sector
The P/E ratio of Berkshire Grey is -2.92, 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 Ratio
Berkshire Grey has a P/B Ratio of 8.75. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Berkshire Grey (NASDAQ:BGRY) Stock

Berkshire Grey, Inc., an intelligent enterprise robotics company, provides AI-enabled robotic solutions that automate supply chain operations in the United States and Japan. The company's solutions automate filling ecommerce orders for consumers or businesses, filling orders to resupply retail stores and groceries, and handling packages shipped to fill those orders. It serves retail, ecommerce, grocery, package handling, and third-party logistics markets. The company was founded in 2013 and is headquartered in Bedford, Massachusetts.

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BGRY Stock News Headlines

June 3, 2023 | fool.com

Berkshire Grey (NASDAQ: BGRY)

June 1, 2023 | americanbankingnews.com

Investors Buy Large Volume of Berkshire Grey Put Options (NASDAQ:BGRY)

June 3, 2023 | Behind the Markets (Ad)

[Strong Buy Alert] Is this laser stock in your portfolio?

🚨 [Strong Buy Alert] Is this laser stock in your portfolio? There are very few opportunities like this in today's bear market... But our analysts identified a tiny defense company landing billions of dollars in contracts every year.

May 18, 2023 | americanbankingnews.com

Investors Purchase Large Volume of Berkshire Grey Put Options (NASDAQ:BGRY)

May 4, 2023 | americanbankingnews.com

Investors Purchase High Volume of Put Options on Berkshire Grey (NASDAQ:BGRY)

April 20, 2023 | americanbankingnews.com

Stock Traders Buy Large Volume of Berkshire Grey Put Options (NASDAQ:BGRY)

April 7, 2023 | americanbankingnews.com

Head to Head Review: Berkshire Grey (NASDAQ:BGRY) & Hesai Group (NASDAQ:HSAI)

April 6, 2023 | finance.yahoo.com

Berkshire Grey and HY-Tek Intralogistics Announce Formal Partnership, Showcase Bealls Inc. Success

June 3, 2023 | Behind the Markets (Ad)

[Strong Buy Alert] Is this laser stock in your portfolio?

April 6, 2023 | americanbankingnews.com

Berkshire Grey Target of Unusually High Options Trading (NASDAQ:BGRY)

April 1, 2023 | finance.yahoo.com

Berkshire Grey (NASDAQ:BGRY) adds US$58m to market cap in the past 7 days, though investors from a year ago are still down 55%

March 31, 2023 | marketwatch.com

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates DFFN, BGRY, KMF

March 30, 2023 | msn.com

Berkshire Grey's Return On Capital Employed Overview

March 29, 2023 | bizjournals.com

SoftBank to take Bedford maker of e-commerce robots private

March 29, 2023 | finanznachrichten.de

Berkshire Grey, Inc.: Berkshire Grey Reports Fourth-Quarter and Full-Year 2022 Results

March 29, 2023 | morningstar.com

BGRY Alert: Monsey Firm of Wohl & Fruchter LLP Investigating Fairness of the Sale of Berkshire Grey to SoftBank

March 29, 2023 | finance.yahoo.com

Berkshire Grey Reports Fourth-Quarter and Full-Year 2022 Results

March 29, 2023 | americanbankingnews.com

Berkshire Grey (NASDAQ:BGRY) Stock Rating Lowered by Craig Hallum

March 28, 2023 | benzinga.com

Berkshire Grey, Inc.: Company Investigated by the Portnoy Law Firm

March 28, 2023 | businesswire.com

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Berkshire Grey, Inc. and Encourages Investors with Losses to Contact the Firm

March 28, 2023 | markets.businessinsider.com

Analysts Offer Insights on Industrial Goods Companies: Berkshire Grey (BGRY) and Royal Mail (OtherROYMF)

March 28, 2023 | americanbankingnews.com

Head to Head Analysis: Hesai Group (NASDAQ:HSAI) vs. Berkshire Grey (NASDAQ:BGRY)

March 27, 2023 | benzinga.com

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Berkshire Grey, Inc. Buyout

March 27, 2023 | msn.com

Hot Stocks: Financial stocks rise; BGRY, BLKB climb on M&A headlines; COIN slides

March 27, 2023 | businesswire.com

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Berkshire Grey, Inc. and Encourages Investors with Losses to Contact the Firm

March 27, 2023 | finanznachrichten.de

Berkshire Grey, Inc.: Berkshire Grey Enters into Definitive Merger Agreement with SoftBank Group for Go-Private Transaction

March 27, 2023 | msn.com

BGRY Soars on $375 Acquisition Deal with SoftBank

See More Headlines

BGRY Price History

30 days | 90 days | 365 days | Advanced Chart

BGRY Company Calendar

Last Earnings: 3/29/2023
Today: 6/03/2023
Next Earnings (Estimated): 8/10/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: General industrial machinery,
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:BGRY
CUSIP: N/A
CIK: 1824734
Web: www.revolutionaac.com
Phone: 833-848-9900
Fax: N/A
Employees: 400
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $1.40
High Stock Price Forecast: $1.40
Low Stock Price Forecast: $1.40
Forecasted Upside/Downside: 0.0%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.48)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-102,790,000.00
Net Margins: -173.57%
Pretax Margin: -173.43%
Return on Equity: -157.23%
Return on Assets: -90.76%

Debt

Debt-to-Equity Ratio: 0.05
Current Ratio: 1.78
Quick Ratio: 1.53

Sales & Book Value

Annual Sales: $65.85 million
Price / Sales: 5.16
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.16 per share
Price / Book: 8.75

Miscellaneous

Outstanding Shares: 242,770,000
Free Float: 158,871,000
Market Cap: $339.88 million
Optionable: Optionable
Beta: 1.77

Key Executives

Dr. Thomas Wagner Ph.D. (Age 56)
Founder, Chairman, CEO, Treasurer & Sec.
Comp: $556.45k

Mr. Steven Jay Johnson M.B.A. (Age 59)
Pres & COO
Comp: $444.19k

Mr. Mark L. Fidler M.B.A. (Age 52)
Chief Financial Officer
Comp: $523.88k

Mr. Matt Mason Ph.D.
Chief Scientist

Mr. Christian M. Ehrbar (Age 55)
VP & Gen. Counsel

Ms. Christine Phaneuf
VP of Talent

Mr. Peter Van Alstine M.B.A.
Sr. VP & GM of Vertical Markets

Ms. Jessica Pincomb Moran (Age 49)
Sr. VP & GM of Strategic Account Group

Mr. Mike Barker
Sr. VP of International Customer Experience

Mr. Gertjan Dekkers
Managing Director of EMEA

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

BGRY Stock - Frequently Asked Questions

Should I buy or sell Berkshire Grey stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Berkshire Grey in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" BGRY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BGRY, but not buy additional shares or sell existing shares.
View BGRY analyst ratings or view top-rated stocks.
What is Berkshire Grey's stock price forecast for 2023?: 1 brokerages have issued 1-year price targets for Berkshire Grey's stock. Their BGRY share price forecasts range from $1.40 to $1.40. On average, they anticipate the company's share price to reach $1.40 in the next year.
View analysts price targets for BGRY or view top-rated stocks among Wall Street analysts.
How have BGRY shares performed in 2023?: Berkshire Grey's stock was trading at $0.6039 at the start of the year. Since then, BGRY shares have increased by 131.8% and is now trading at $1.40.
View the best growth stocks for 2023 here.
Are investors shorting Berkshire Grey?: Berkshire Grey saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 4,390,000 shares, an increase of 19.6% from the April 30th total of 3,670,000 shares. Based on an average daily volume of 957,300 shares, the days-to-cover ratio is presently 4.6 days. Currently, 7.6% of the shares of the company are short sold.
View Berkshire Grey's Short Interest.
When is Berkshire Grey's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our BGRY earnings forecast.
How were Berkshire Grey's earnings last quarter?: Berkshire Grey, Inc. (NASDAQ:BGRY) issued its quarterly earnings results on Wednesday, March, 29th. The company reported ($0.11) earnings per share for the quarter. The firm had revenue of $13.31 million for the quarter. Berkshire Grey had a negative net margin of 173.57% and a negative trailing twelve-month return on equity of 157.23%.

What ETFs hold Berkshire Grey's stock?: ETFs with the largest weight of Berkshire Grey (NASDAQ:BGRY) stock in their portfolio include Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ) and
What is Berkshire Grey's stock symbol?: Berkshire Grey trades on the NASDAQ under the ticker symbol "BGRY."
Who are Berkshire Grey's major shareholders?: Berkshire Grey's stock is owned by a variety of institutional and retail investors. Top institutional investors include Softbank Group CORP. (27.05%), BlackRock Inc. (1.01%), Mirae Asset Global Investments Co. Ltd. (0.82%), Congress Wealth Management LLC DE (0.57%), Geode Capital Management LLC (0.44%) and State Street Corp (0.35%).
How do I buy shares of Berkshire Grey?: Shares of BGRY 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 Berkshire Grey's stock price today?: One share of BGRY stock can currently be purchased for approximately $1.40.
How much money does Berkshire Grey make?: Berkshire Grey (NASDAQ:BGRY) has a market capitalization of $339.88 million and generates $65.85 million in revenue each year. The company earns $-102,790,000.00 in net income (profit) each year or ($0.48) on an earnings per share basis.
How many employees does Berkshire Grey have?: The company employs 400 workers across the globe.
How can I contact Berkshire Grey?: Berkshire Grey's mailing address is 1717 RHODE ISLAND AVENUE NW 10TH FLOOR, WASHINGTON DC, 20036. The official website for the company is www.revolutionaac.com. The company can be reached via phone at 833-848-9900 or via email at bg@gatewayir.com.

This page (NASDAQ:BGRY) was last updated on 6/3/2023 by MarketBeat.com Staff

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