NewAge Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NewAge in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" NewAge stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NBEV, but not buy additional shares or sell existing shares.
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Wall Street analysts have given NewAge a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but NewAge wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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NewAge is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
View our earnings forecast for NewAge.

NewAge, Inc. (NASDAQ:NBEV) announced its quarterly earnings data on Monday, May, 10th. The company reported ($0.14) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.02) by $0.12. NewAge had a negative net margin of 13.33% and a negative trailing twelve-month return on equity of 29.16%.
View NewAge's earnings history.

NewAge's stock was trading at $1.72 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, NBEV stock has increased by 47.1% and is now trading at $2.53.
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1 brokerages have issued twelve-month target prices for NewAge's stock. Their forecasts range from $5.00 to $5.00. On average, they expect NewAge's share price to reach $5.00 in the next twelve months. This suggests a possible upside of 97.6% from the stock's current price.
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Some companies that are related to NewAge include Anheuser-Busch InBev SA/NV (BUD), Heineken (HEINY), Carlsberg A/S (CABGY), Kirin (KNBWY), Tsingtao Brewery (TSGTY), Molson Coors Beverage (TAP), The Boston Beer (SAM), San Miguel (SMGBY), Compañía Cervecerías Unidas (CCU), Big Rock Brewery (BRBMF), China New Borun (BORNY) and Mendocino Brewing (MENB).
View all of NBEV's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other NewAge investors own include (CGC), Aurora Cannabis (ACB), Tilray (TLRY), Cronos Group (CRON), Advanced Micro Devices (AMD), Micron Technology (MU), NIO (NIO), BHP Group (BHP), (APHA) and General Electric (GE).

NewAge trades on the NASDAQ under the ticker symbol "NBEV."

NewAge's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.52%), Geode Capital Management LLC (1.29%), Altium Capital Management LP (0.88%), Millennium Management LLC (0.82%), Northern Trust Corp (0.75%) and Dimensional Fund Advisors LP (0.60%). Company insiders that own NewAge stock include Brent D Willis and Timothy J Haas.
View institutional ownership trends for NewAge.

NBEV stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Squarepoint Ops LLC, Thrivent Financial for Lutherans, New York State Common Retirement Fund, Perritt Capital Management Inc., Royal Bank of Canada, Nuveen Asset Management LLC, and Credit Suisse AG.
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NBEV stock was acquired by a variety of institutional investors in the last quarter, including Altium Capital Management LP, BlackRock Inc., Millennium Management LLC, Dimensional Fund Advisors LP, Geode Capital Management LLC, Davy Global Fund Management Ltd, Renaissance Technologies LLC, and Cubist Systematic Strategies LLC.
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Shares of NBEV 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.
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One share of NBEV stock can currently be purchased for approximately $2.53.

NewAge has a market capitalization of $342.74 million and generates $279.47 million in revenue each year. The company earns $-39,340,000.00 in net income (profit) each year or ($0.41) on an earnings per share basis.

NewAge employs 1,127 workers across the globe.

The official website for NewAge is newagebev.us.

NewAge is headquartered at 2420 17TH STREET SUITE 220, DENVER CO, 80202.

NewAge's mailing address is 2420 17TH STREET SUITE 220, DENVER CO, 80202. The company can be reached via phone at 303-289-8655 or via email at [email protected]