Blue Apron - APRN Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Blue Apron in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" APRN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in APRN, but not buy additional shares or sell existing shares.
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4 brokerages have issued twelve-month price targets for Blue Apron's stock. Their APRN share price forecasts range from $2.00 to $7.00. On average, they predict the company's share price to reach $5.25 in the next year. This suggests a possible upside of 337.5% from the stock's current price.
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Blue Apron's stock was trading at $0.83 at the start of the year. Since then, APRN stock has increased by 44.6% and is now trading at $1.20.
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Blue Apron saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 5,620,000 shares, a drop of 14.1% from the December 31st total of 6,540,000 shares. Based on an average trading volume of 6,750,000 shares, the days-to-cover ratio is presently 0.8 days. Currently, 43.8% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
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Blue Apron Holdings, Inc. (NYSE:APRN) released its quarterly earnings results on Monday, November, 7th. The company reported ($0.74) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.55) by $0.19. The company earned $109.67 million during the quarter, compared to analyst estimates of $110.40 million. Blue Apron had a negative net margin of 24.80% and a negative trailing twelve-month return on equity of 213.15%.

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

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 IPO on Thursday, June 29th 2017. The company issued 30,000,000 shares at $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 Bank of Montreal Can (0.00%), SG Americas Securities LLC (0.00%), National Bank of Canada FI (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Alan Blake, Bessemer Venture Partners Viii, Charlean Gmunder, Danielle Simpson, Elizabeth Huebner, Holdings Ltd Dph, Irina Krechmer, Joseph N Sanberg, Julie Betancur, Linda F Kozlowski, Linda Findley, Matthew B Salzberg, Meredith L Deutsch, Randy J Greben, Terri Leitgeb and Timothy Bensley.
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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 $1.20.

Blue Apron (NYSE:APRN) has a market capitalization of $47.49 million and generates $458.66 million in revenue each year. The company earns $-88,380,000.00 in net income (profit) each year or ($3.54) 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.