Based on ratings from 0 stock analysts, the Borealis Foods Inc stock price is expected to decrease by 100% in 12 months. This is calculated by using the average 12-month stock price forecast for Borealis Foods Inc. The lowest target is $ and the highest is $. Please note analyst price targets are not guaranteed and could be missed completely.
Borealis Foods Inc has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that Borealis Foods Inc will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of BRLS.
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When did it IPO
2024
Staff Count
0
Country
Canada
Sector/Industry
Consumer Defensive/Packaged Foods
CEO
Dr. Reza Soltanzadeh M.D.
Market Cap
$131.9M
In 2023, BRLS generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that BRLS's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Borealis Foods Inc. (Nasdaq: BRLS) expects revenue and gross profit growth in H2 2024, bolstered by Woodles® distribution in 4,000 U.S. school lunch programs.
Why It Matters - Borealis Foods' expansion into 4,000 school lunch programs signals increased revenue potential and brand visibility, likely boosting investor confidence and stock performance.
Summary - A Texas Tech University study found that Borealis Foods' (NASDAQ: BRLS) Chef Woo's high-protein ramen can significantly reduce caloric intake at subsequent meals.
Why It Matters - The study suggests that Borealis Foods’ product can enhance consumer health and potentially drive sales, impacting stock performance and investor sentiment positively.
Summary - Borealis Foods Inc. (Nasdaq: BRLS) CEO Reza Soltanzadeh will present at the 26th Annual H.C. event, showcasing the company's focus on innovative, nutritious food solutions.
Why It Matters - Borealis Foods' CEO presentation may signal strategic initiatives or innovations, impacting stock performance and investor sentiment in the food tech sector.
Summary - Borealis Foods Inc. (Nasdaq: BRLS) reported progress in Q2 2024, with a focus on strategic developments and accelerating sales expected in the latter half of the year.
Why It Matters - Borealis Foods' CEO highlights positive second quarter results and strategic developments, indicating potential growth and increased sales momentum, which can attract investor interest and boost stock value.
Summary - Borealis Foods Inc. (Nasdaq: BRLS) announced CEO Reza Soltanzadeh's letter to shareholders, outlining recent developments and growth initiatives for the company.
Why It Matters - Borealis Foods' CEO's letter signals positive growth and strategic initiatives, potentially boosting investor confidence and impacting stock performance.
Summary - Borealis Foods Inc. (Nasdaq: BRLS) announced a shareholder update from CEO Reza Soltanzadeh, highlighting significant corporate developments and progress made in 2023.
Why It Matters - Borealis Foods' CEO letter highlights corporate progress and employee dedication, signaling potential growth and stability, which may positively influence investor sentiment and stock performance.