Edible Garden AG Incorporated

Edible Garden AG Incorporated Stock Forecast & Price Prediction

Live Edible Garden AG Incorporated Stock (EDBL) Price
$1

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$1

P/E Ratio

0.00

Volume Traded Today

$29,676

Dividend

Dividends not available for EDBL

52 Week High/low

18.00/0.80

Edible Garden AG Incorporated Market Cap

$3.1M

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EDBL Summary

Based on ratings from 0 stock analysts, the Edible Garden AG Incorporated stock price is expected to increase by 1100% in 12 months. This is calculated by using the average 12-month stock price forecast for Edible Garden AG Incorporated. The lowest target is $12 and the highest is $12. Please note analyst price targets are not guaranteed and could be missed completely.

EDBL Analyst Ratings

About 0 Wall Street analysts have assignedEDBL 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Edible Garden AG Incorporated to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on EDBL. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

EDBL stock forecast by analyst

These are the latest 20 analyst ratings of EDBL.

Analyst/Firm

Rating

Price Target

Change

Date

Anthony Vendetti
Maxim Group

Buy

$7

Maintains

Mar 23, 2023
Anthony Vendetti
Maxim Group

Buy

$3

Initiates

Sep 13, 2022

EDBL Company Information

  • Company Name: Edible Garden AG Incorporated
  • Founded: 2020
  • Location: Belvidere, New Jersey
  • Business Model: Operates as a controlled environment agriculture farming company
  • Product Offerings:
    • Packaged herbs: cilantro, rosemary, mint, thyme, oregano, bay leaves, chives, poultry mix, sage, dill
    • Living lettuce varieties: buttercrunch lettuce, living butterhead lettuce
    • Salad mixes: arugula spring mix, baby arugula blend, baby romaine, crisp ranch and Caesar salad kits
  • Distribution: Products sold to various regional and national supermarkets
EDBL
Edible Garden AG Incorporated (EDBL)

When did it IPO

2022

Staff Count

116

Country

United States

Sector/Industry

Consumer Defensive/Farm Products

CEO

Mr. James E. Kras

Market Cap

$3.1M

Edible Garden AG Incorporated (EDBL) Financial Data

In 2023, EDBL generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that EDBL'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

N/A

Revenue From 2021

$10.5M

0.00 %
From Previous Year

Revenue From 2022

$11.6M

9.95 %
From Previous Year

Revenue From 2023

N/A

0.00 %
From Previous Year
  • Revenue TTM $14.8M
  • Operating Margin TTM -27.7%
  • Gross profit TTM $364,000
  • Return on assets TTM -57.7%
  • Return on equity TTM -603.2%
  • Profit Margin -85.2%
  • Book Value Per Share 0.16%
  • Market capitalisation $3.1M
  • Revenue for 2021 $10.5M
  • Revenue for 2022 $11.6M
  • Revenue for 2023 N/A
  • EPS this year (TTM) $-31.21

Edible Garden AG Incorporated (EDBL) Latest News

News Image

Mon, 23 Oct 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Company's Zero-Waste Inspiredยฎ mission aligns with USDA objectives Company's Zero-Waste Inspiredยฎ mission aligns with USDA objectives

News Image

Fri, 20 Oct 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Attractive and replenishable displays, featuring rosemary, sage, and thyme, to launch in advance of 2023 holiday season starting at all Meijer retail locations Attractive and replenishable displays, featuring rosemary, sage, and thyme, to launch in advance of 2023 holiday season starting at all Meijer retail locations

News Image

Mon, 16 Oct 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Showcasing Diverse Product Range: From Locally Grown Fresh Produce to Pulp Sustainable, Gourmet, USDA Organic, Fermented Sauces and Chili-Based Products Showcasing Diverse Product Range: From Locally Grown Fresh Produce to Pulp Sustainable, Gourmet, USDA Organic, Fermented Sauces and Chili-Based Products

News Image

Tue, 10 Oct 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Meijer to add โ€˜Ice Cream Cake' and โ€˜Orange Creamsicle' flavors to their existing Vitamin Whey product assortment Company plans to roll out full assortment of Vitamin Whey nationwide in the near future Continues to explore innovative flavors through partnership with Nutracom Vitamin Whey's New โ€˜Ice Cream Cake' and โ€˜Orange Creamsicle' flavors BELVIDERE, NJ, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (โ€œEdible Gardenโ€ or the โ€œCompanyโ€) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced that it has commenced shipping two new flavor profiles of Vitamin Whey to all Meijer retail locations. The new flavors, โ€˜Ice Cream Cake' and โ€˜Orange Creamsicle,' are additions to the Vitamin Whey product line that Meijer has been carrying.

News Image

Mon, 25 Sep 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Gourmet, USDA Organic fermented sauces, to be carried in all St. Louis metropolitan area Dierbergs locations extending Edible Garden's Midwest presence

News Image

Fri, 22 Sep 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - BELVIDERE, NJ, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (โ€œEdible Gardenโ€ or the โ€œCompanyโ€) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, sustainable produce and products, today announced that it has begun shipping fall ornamentals, grown in its Edible Garden Heartland facility in Grand Rapids, Michigan.

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EDBL Frequently asked questions

The highest forecasted price for EDBL is $12 from at .

The lowest forecasted price for EDBL is $12 from from

The EDBL analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.