Update shared on11 Aug 2025
Fair value Decreased 50%Despite improved consensus revenue growth forecasts, Grove Collaborative Holdings' future P/E has dropped sharply, reflecting diminished market confidence and resulting in a halved analyst price target from $3.00 to $1.50.
What's in the News
- Full-year 2025 revenue is projected to decline mid-single-digit to low-double-digit percentages year-over-year, with improvement expected in Q3 and slight year-over-year growth in Q4.
- HumanCo Investments and HCI Grove, LLC have called for the company to review strategic alternatives, including sale, merger, or take-private, citing an inability to balance growth and profitability.
- Grove Collaborative was dropped from Russell Microcap Growth and Russell 3000E Growth indices, and added to Russell Microcap Value and Russell 3000E Value indices.
- Received NYSE notice for non-compliance with $50M market cap and equity requirements; must submit a business plan within 45 days to regain compliance.
- Moss Adams, the company’s previous auditor, merged with Baker Tilly, which has been appointed as the new independent registered public accounting firm.
Valuation Changes
Summary of Valuation Changes for Grove Collaborative Holdings
- The Consensus Analyst Price Target has significantly fallen from $3.00 to $1.50.
- The Consensus Revenue Growth forecasts for Grove Collaborative Holdings has significantly risen from 0.8% per annum to 5.6% per annum.
- The Future P/E for Grove Collaborative Holdings has significantly fallen from 19.34x to 8.76x.
Disclaimer
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