Blue Apron - APRN Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Blue Apron in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" APRN shares.
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3 Wall Street research analysts have issued 12-month price objectives for Blue Apron's stock. Their APRN share price forecasts range from $9.00 to $10.00. On average, they predict the company's share price to reach $9.67 in the next twelve months. This suggests a possible upside of 249.0% from the stock's current price.
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Blue Apron's stock was trading at $6.73 at the beginning of 2022. Since then, APRN stock has decreased by 58.8% and is now trading at $2.77.
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Blue Apron saw a increase in short interest in August. As of August 31st, there was short interest totaling 4,790,000 shares, an increase of 28.8% from the August 15th total of 3,720,000 shares. Based on an average daily volume of 5,570,000 shares, the short-interest ratio is currently 0.9 days.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
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Blue Apron Holdings, Inc. (NYSE:APRN) released its quarterly earnings results on Monday, August, 8th. The company reported ($0.68) earnings per share for the quarter, topping the consensus estimate of ($0.76) by $0.08. The business had revenue of $124.24 million for the quarter, compared to analysts' expectations of $123.70 million. Blue Apron had a negative trailing twelve-month return on equity of 211.07% and a negative net margin of 25.21%. During the same period last year, the firm earned ($0.76) earnings per share.

Blue Apron shares reverse split on the morning of Monday, June 17th 2019. The 1-15 reverse split was announced on Thursday, June 13th 2019. The number of shares owned by shareholders was adjusted after the closing bell on Friday, June 14th 2019. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

Blue Apron issued an update on its third quarter 2022 earnings guidance on Monday, October, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $109.00 million-$112.00 million, compared to the consensus revenue estimate of $129.60 million.

16 employees have rated Blue Apron Chief Executive Officer Linda Kozlowski on Glassdoor.com. Linda Kozlowski has an approval rating of 78% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Blue Apron investors own include Tesla (TSLA), Advanced Micro Devices (AMD), NVIDIA (NVDA), Pfizer (PFE), AT&T (T), Micron Technology (MU), Netflix (NFLX), General Electric (GE), Roku (ROKU) and Bank of America (BAC).

(APRN) raised $480 million in an initial public offering on Thursday, June 29th 2017. The company issued 30,000,000 shares at a price of $15.00-$17.00 per share. Goldman Sachs, Morgan Stanley, Citigroup and Barclays served as the underwriters for the IPO and RBC Capital Markets, SunTrust Robinson Humphrey, Stifel, Canaccord Genuity, Needham, Oppenheimer, Raymond James and William Blair were co-managers.

Blue Apron trades on the New York Stock Exchange (NYSE) under the ticker symbol "APRN."

Shares of APRN 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.
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One share of APRN stock can currently be purchased for approximately $2.77.

Blue Apron (NYSE:APRN) has a market capitalization of $96.40 million and generates $470.38 million in revenue each year. The company earns $-88,380,000.00 in net income (profit) each year or ($3.97) on an earnings per share basis.

The company employs 1,988 workers across the globe.

Blue Apron's mailing address is 28 LIBERTY STREET, NEW YORK NY, 10005. The official website for the company is www.blueapron.com. The company can be reached via phone at (347) 719-4312 or via email at investor.relations@blueapron.com.