Blue Apron Stock Forecast, Price & News

Blue Apron's stock was trading at $2.80 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, APRN stock has increased by 150.0% and is now trading at $7.00.
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3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blue Apron in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
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Blue Apron is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for Blue Apron.

Blue Apron Holdings Inc (NYSE:APRN) issued its quarterly earnings results on Wednesday, July, 29th. The company reported $0.08 EPS for the quarter, beating the Zacks' consensus estimate of ($0.45) by $0.53. The firm earned $131.04 million during the quarter. Blue Apron had a negative return on equity of 103.21% and a negative net margin of 15.72%.
View Blue Apron's earnings history.

Shares of Blue Apron reverse split before market open on 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 Blue Apron stock prior to the reverse split would have 7 shares after the split.

Blue Apron updated its third quarter 2020 Pre-Market earnings guidance on Wednesday, July, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $112-112 million, compared to the consensus revenue estimate of $102.9 million.

3 equities research analysts have issued 12 month price objectives for Blue Apron's stock. Their forecasts range from $5.00 to $18.00. On average, they expect Blue Apron's share price to reach $9.70 in the next twelve months. This suggests a possible upside of 38.6% from the stock's current price.
View analysts' price targets for Blue Apron.

Blue Apron saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 2,210,000 shares, a drop of 11.6% from the August 15th total of 2,500,000 shares. Based on an average trading volume of 1,160,000 shares, the days-to-cover ratio is presently 1.9 days.
View Blue Apron's Short Interest.

Some companies that are related to Blue Apron include Ruhnn (RUHN), Lightinthebox (LITB), iMedia Brands (IMBI), TELA Bio (MOHO), Youngevity International (YGYI), Capstone Technologies Group (CATG), Airborne Wireless Network (ABWN), Safe-T Group (RBZHF) and dELiA*s (DLIAQ).
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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), Netflix (NFLX), Micron Technology (MU), Roku (ROKU), AT&T (T), General Electric (GE), Pfizer (PFE) and Ford Motor (F).

(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 acted 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."

Blue Apron's stock is owned by a number of retail and institutional investors. Top institutional investors include River & Mercantile Asset Management LLP (4.01%), Goldman Sachs Group Inc. (0.91%), Engineers Gate Manager LP (0.23%), WINTON GROUP Ltd (0.19%), Premier Asset Management LLC (0.18%) and Bank of America Corp DE (0.17%). Company insiders that own Blue Apron stock include Alan Blake, Benjamin C Singer, Bessemer Venture Partners Viii, Brad Dickerson, First Round Capital Iv, LP, Holdings Ltd Dph, Ilia M Papas, Irina Krechmer, Julie Betancur, Lainie Cooney, Linda F Kozlowski, Matthew B Salzberg, Meredith L Deutsch, Timothy Bensley and Timothy J Smith.
View institutional ownership trends for Blue Apron.

APRN stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE. Company insiders that have sold Blue Apron company stock in the last year include Alan Blake, Bessemer Venture Partners Viii, Irina Krechmer, Julie Betancur, Linda F Kozlowski, Meredith L Deutsch, and Timothy Bensley.
View insider buying and selling activity for Blue Apron.

APRN stock was acquired by a variety of institutional investors in the last quarter, including River & Mercantile Asset Management LLP, Goldman Sachs Group Inc., Engineers Gate Manager LP, WINTON GROUP Ltd, Premier Asset Management LLC, Raymond James Trust N.A., Leap Investments LP, and Mine & Arao Wealth Creation & Management LLC.. Company insiders that have bought Blue Apron stock in the last two years include Holdings Ltd Dph, Linda F Kozlowski, and Timothy Bensley.
View insider buying and selling activity for Blue Apron.

Shares of APRN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of APRN stock can currently be purchased for approximately $7.00.

Blue Apron has a market capitalization of $94.79 million and generates $454.87 million in revenue each year. The company earns $-61,080,000.00 in net income (profit) each year or ($4.67) on an earnings per share basis. Blue Apron employs 1,612 workers across the globe.

The official website for Blue Apron is www.blueapron.com.

Blue Apron's mailing address is 28 LIBERTY STREET, NEW YORK NY, 10005. The company can be reached via phone at 347-719-4312 or via email at [email protected]