BellRing Brands Analysts Cut Their Forecasts After Q4 Earnings

Group 1 - BellRing Brands, Inc. reported mixed fourth-quarter results with adjusted earnings per share of 51 cents, missing the analyst consensus estimate of 55 cents, while quarterly sales reached $648.20 million, reflecting a 16.6% year-over-year increase and surpassing the expected $633.81 million [1] - For 2026, BellRing Brands projects sales between $2.410 billion and $2.490 billion, slightly below the analyst estimate of $2.509 billion, and has revised its long-term financial goals to target annual net sales growth of 7% to 9% [2] - The company reiterated its long-term Adjusted EBITDA margin goal of 18% to 20% of net sales, and its shares gained 9.4% to trade at $28.73 following the earnings announcement [2] Group 2 - Analysts have made various adjustments to their price targets for BellRing Brands after the earnings announcement, with B of A Securities downgrading the stock from Buy to Neutral and lowering the price target from $50 to $28 [4] - Stifel maintained a Buy rating but reduced the price target from $56 to $50, while Evercore ISI Group kept an Outperform rating and lowered the target from $40 to $35 [4] - Barclays and Morgan Stanley analysts maintained Overweight ratings, with Barclays lowering the price target from $44 to $32 and Morgan Stanley adjusting it from $43 to $41 [4]