BellRing Brands, Inc. (NYSE:BRBR) Released Earnings Last Week And Analysts Lifted Their Price Target To US$78.93

Investors in BellRing Brands, Inc. (NYSE:BRBR) had a good week, as its shares rose 3.1% to close at US$74.41 following the release of its annual results. BellRing Brands reported in line with analyst predictions, delivering revenues of US$2.0b and statutory earnings per share of US$1.86, suggesting the business is executing well and in line with its plan. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on BellRing Brands after the latest results.

Check out our latest analysis for BellRing Brands

After the latest results, the 13 analysts covering BellRing Brands are now predicting revenues of US$2.28b in 2025. If met, this would reflect a meaningful 14% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to grow 15% to US$2.20. Before this earnings report, the analysts had been forecasting revenues of US$2.22b and earnings per share (EPS) of US$2.14 in 2025. So there seems to have been a moderate uplift in sentiment following the latest results, given the upgrades to both revenue and earnings per share forecasts for next year.

With these upgrades, we're not surprised to see that the analysts have lifted their price target 15% to US$78.93per share. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on BellRing Brands, with the most bullish analyst valuing it at US$86.00 and the most bearish at US$61.00 per share. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

Of course, another way to look at these forecasts is to place them into context against the industry itself. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 14% growth on an annualised basis. That is in line with its 17% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 4.8% per year. So although BellRing Brands is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards BellRing Brands following these results. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for BellRing Brands going out to 2027, and you can see them free on our platform here.

We don't want to rain on the parade too much, but we did also find 1 warning sign for BellRing Brands that you need to be mindful of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.