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The Bio-Tech Stock That Needs Your Attention! (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Federal student loan payments are starting again. Here's what you need to know
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Facing increasing pressure from customers, some miners are switching to renewable energy
BREAKING: Tiny biotech successfully treats blindness (Ad)
Rishi Sunak needs to rally his flagging Conservatives. He hopes a dash of populism will do the trick
Grant program for Black women entrepreneurs blocked by federal appeals court
The Bio-Tech Stock That Needs Your Attention! (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Federal student loan payments are starting again. Here's what you need to know
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Facing increasing pressure from customers, some miners are switching to renewable energy
BREAKING: Tiny biotech successfully treats blindness (Ad)
Rishi Sunak needs to rally his flagging Conservatives. He hopes a dash of populism will do the trick
Grant program for Black women entrepreneurs blocked by federal appeals court
The Bio-Tech Stock That Needs Your Attention! (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Federal student loan payments are starting again. Here's what you need to know
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Facing increasing pressure from customers, some miners are switching to renewable energy
BREAKING: Tiny biotech successfully treats blindness (Ad)
Rishi Sunak needs to rally his flagging Conservatives. He hopes a dash of populism will do the trick
Grant program for Black women entrepreneurs blocked by federal appeals court
The Bio-Tech Stock That Needs Your Attention! (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted
NYSE:REED

Reed's (REED) Stock Forecast, Price & News

$3.26
+0.06 (+1.88%)
(As of 09/29/2023 08:54 PM ET)
Compare
Today's Range
$3.26
$3.54
50-Day Range
$2.73
$3.75
52-Week Range
$1.50
$7.70
Volume
1,400 shs
Average Volume
12,429 shs
Market Capitalization
$8.48 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.00

Reed's MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
114.7% Upside
$7.00 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.06mentions of Reed
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($3.26) to ($1.64) Per Share

Overall MarketRank

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

2.10 out of 5 stars


REED stock logo

About Reed's (NYSE:REED) Stock

Reed's, Inc. engages in the manufacture and distribution of natural beverages in the United States. The company offers Reed's craft ginger beer; Reed's real ginger ales; Reed's Mules; Reed's Hard Ginger Ale; Reed's ready to drink products; and Virgil's handcrafted sodas. It sells its products to natural food and gourmet retailers, grocery store chains, mass merchants, club stores, convenience and drug stores, liquor stores, industrial cafeterias, and on-premise bars and restaurants, as well as directly to consumers through www.drinkreeds.com. The company was formerly known as Original Beverage Corporation and changed its name to Reed's, Inc. in 2001. Reed's, Inc. was founded in 1987 and is headquartered in Norwalk, Connecticut.

REED Price History

REED Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Judge dismisses Masters winner Reed's defamation lawsuits
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Reed's (NYSE:REED) Earns Sell Rating from Analysts at StockNews.com
Intenseye Named to Will Reed's Top 100 Class of 2023
76ers' Nick Nurse Enthused About Paul Reed
Lumos Named to Will Reed's Top 100 Class of 2023
See More Headlines
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REED Company Calendar

Last Earnings
8/10/2023
Today
10/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Bottled & canned soft drinks
Sub-Industry
N/A
Employees
22
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$7.00
High Stock Price Forecast
$7.00
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
+114.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-20,060,000.00
Pretax Margin
-36.22%

Debt

Sales & Book Value

Annual Sales
$50.78 million
Book Value
($3.40) per share

Miscellaneous

Free Float
1,824,000
Market Cap
$8.48 million
Optionable
Optionable
Beta
1.46
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Key Executives

  • Mr. Norman E. Snyder Jr. (Age 61)
    CEO & Director
    Comp: $376.22k
  • Mr. Neal Cohane (Age 63)
    Chief Sales Officer
    Comp: $250k
  • Mr. Christopher J. Reed (Age 65)
    Founder
  • Ms. Joann Christine Tinnelly (Age 53)
    Interim CFO & Sec.
  • Mr. Damian Warshall
    VP of Operations
  • Ms. Lindsay Martin
    VP of Marketing
  • Mr. Christopher Burleson (Age 41)
    Chief Commercial Officer
  • Mr. Philip T. Trotman
    Director of Marketing













REED Stock - Frequently Asked Questions

Should I buy or sell Reed's stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Reed's in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" REED shares.
View REED analyst ratings
or view top-rated stocks.

What is Reed's' stock price forecast for 2023?

1 equities research analysts have issued 12 month price objectives for Reed's' shares. Their REED share price forecasts range from $7.00 to $7.00. On average, they expect the company's share price to reach $7.00 in the next twelve months. This suggests a possible upside of 114.7% from the stock's current price.
View analysts price targets for REED
or view top-rated stocks among Wall Street analysts.

How have REED shares performed in 2023?

Reed's' stock was trading at $0.0698 at the beginning of the year. Since then, REED stock has increased by 4,570.5% and is now trading at $3.26.
View the best growth stocks for 2023 here
.

How were Reed's' earnings last quarter?

Reed's, Inc. (NYSE:REED) issued its earnings results on Thursday, August, 10th. The company reported ($0.99) earnings per share for the quarter, beating analysts' consensus estimates of ($1.32) by $0.33. The business earned $10.01 million during the quarter, compared to analyst estimates of $12.72 million.

What guidance has Reed's issued on next quarter's earnings?

Reed's issued an update on its FY 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $48.00 million-$52.00 million, compared to the consensus revenue estimate of $57.94 million.

What is Reed's' stock symbol?

Reed's trades on the New York Stock Exchange (NYSE) under the ticker symbol "REED."

How do I buy shares of Reed's?

Shares of REED 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 Reed's' stock price today?

One share of REED stock can currently be purchased for approximately $3.26.

How much money does Reed's make?

Reed's (NYSE:REED) has a market capitalization of $8.48 million and generates $50.78 million in revenue each year. The company earns $-20,060,000.00 in net income (profit) each year or ($6.68) on an earnings per share basis.

How can I contact Reed's?

Reed's' mailing address is 201 MERRITT 7, NORWALK CT, 06851. The official website for the company is drinkreeds.com. The company can be reached via phone at (800) 997-3337, via email at ir@reedsinc.com, or via fax at 310-217-9411.

This page (NYSE:REED) was last updated on 10/2/2023 by MarketBeat.com Staff

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