BRBR · NYSE · Packaged Foods

BellRing Brands (BRBR)

Sells Premier Protein shakes and Dymatize powders through global retail channels.

$8.55
vs last close−0.44 (−4.89%)
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BellRing Brands, Inc.BRBR
Consumer Staples

Sells Premier Protein ready-to-drink shakes and Dymatize protein powders through retail and e-commerce channels. The focused nutrition portfolio reaches more than 90 countries and was separated from Post Holdings.

Builds its focused consumer-nutrition business around Premier Protein ready-to-drink shakes and Dymatize protein powders, brands assembled by Post Holdings through its former Active Nutrition portfolio. Premier Protein serves proactive wellness, while Dymatize addresses performance nutrition.

Products reach more than 90 countries through club, mass, food, e-commerce, specialty, drug, and convenience channels. The company is a focused public consumer-brands business, not a diversified food group. BellRing completed its IPO in 2019; its current public parent succeeded the prior issuer in 2022 after separation from Post, which later divested its remaining shares.

Company facts

CEOMichael Axelrod
ListedMar 10, 2022
ExchangeNYSE
HeadquartersSt. Louis, MO
CountryUnited States
Employees530
CIK0001772016
ISINUS07831C1036

Market cap$1.05B
EPS (ttm)$1.42
P/E (ttm)6.33
ROE
P/B
P/S0.4440
Dividend yieldDiv yield
Beta0.03vs XLP 0.58

Price target$13.00+44.6%Average of 21 analysts
ConsensusBuy14 of 21 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Jul 22, 2026Stifel NicolausTarget
Target: $14
Target: $15
Jul 21, 2026BarclaysReiterate
Rating: Target: $13
Rating: OverweightTarget: $14
May 15, 2026DA DavidsonReiterate
Rating: Target: $32
Rating: BuyTarget: $13
May 6, 2026Stifel NicolausTarget
Target: $34
Target: $14
May 6, 2026BarclaysTarget
Target: $22
Target: $13

Next report
Nov 17, 26
in 55 days
EPS estimate
$0.21
Revenue estimate
$652.0M
Fiscal quarter
Q4 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$0.58$0.53$0.55$0.51$0.37$0.14$0.30Pending
Estimate$0.47$0.53$0.49$0.55$0.31$0.31$0.37$0.21
Surprise+23.4%0.0%+12.2%−6.6%+19.4%−54.8%−18.7%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$532.9M$588.0M$547.5M$648.2M$537.3M$598.7M$570.4MPending
Estimate$577.6M$578.7M$633.8M$633.8M$504.4M$608.9M$548.7M$652.0M
Surprise−7.7%+1.6%−13.6%+2.3%+6.5%−1.7%+4.0%
Estimate$0.21
ReportedDue Nov 17, 2026
Estimate$652.0M
ReportedDue Nov 17, 2026
View details

Current ratio225.40%

ProfitabilityRevenueNet incomeNet margin

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue$555.8M$532.9M$588.0M$547.5M$648.2M$537.3M$598.7M$570.4M
Net income$71.7M$76.9M$58.7M$21.0M$59.6M$43.7M$33.9M$34.2M
Net margin12.9%14.4%10.0%3.8%9.2%8.1%5.7%6.0%

GrowthOperating income

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Operating income$112.1M$115.3M$95.1M$44.8M$102.2M$78.5M$66.0M$65.4M
YoY growth+43.5%+57.9%+4.5%−59.9%−8.8%−31.9%−30.6%+46.0%

Balance sheet, Jun 30, 2026Cash & short-term investments $50.4M · Total debt $1.14B · Total assets $1.05B · Shareholders' equity −$467.2M

Revenue
$570.4M
Operating income
$65.4M
Net income
$34.2M
View details

No dividends on record.

Institutions114.13%132.71M shares
394 holders · as of Jun 30, 2026
Insiders1.55%1.80M shares
13 holders · as of Sep 9, 2026
Strategic holders16.61%19.31M shares
2 holders · as of Oct 28, 2022
Adds to132.29%

116.28M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 132.29%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Strategic
12.65%14.71Mfiled Sep 8, 2022
BlackRock, Inc.Institution
9.40%10.94Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
5.68%6.61Mas of Jun 30, 2026
AQR Capital Management LLCInstitution
5.22%6.07Mas of Jun 30, 2026
Ameriprise Financial IncInstitution
5.02%5.84Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 8, 2026Shawn Conwaydirector+2,022$9.89
May 13, 2026David Isaiah Finkelsteindirector+4,000$9.24
Feb 13, 2026David Isaiah Finkelsteindirector+2,000$17.75
Dec 1, 2025Douglas J. Cornilleofficer: CHIEF GROWTH OFFICER−3,970$30.93
Nov 7, 2025Paul A. Rodeofficer: CFO & TREASURER−308$29.00
View details

  • Coca-Cola

    fairlife Core Power overlaps in high-protein RTD shakes

  • Simply Good Foods

    Quest, Atkins and OWYN overlap in protein RTD shakes and powders

  • Hormel Foods

    Muscle Milk overlaps in ready-to-drink protein shakes and powders

Compare

CompanyPriceChange
BellRing Brands$8.55−4.89%$1.05B6.37.10.4+4.2%
Coca-Cola$88.14−0.53%$381.25B26.626.07.6+6.7%
Simply Good Foods$9.71−2.97%$885.3M5.80.6−6.3%
Hormel Foods$19.91−2.09%$11.19B32.313.00.9−2.4%
Median29.413.00.9−2.4%