Berkshire Grey, Inc (BGRY)

NASDAQ: BGRY · IEX Real-Time Price · USD
1.86
+0.13 (7.51%)
At close: Oct 4, 2022 4:00 PM
1.90
+0.04 (2.15%)
After-hours: Oct 4, 2022 7:44 PM EDT
7.51%
Market Cap 428.40M
Revenue (ttm) 71.32M
Net Income (ttm) -129.50M
Shares Out 230.32M
EPS (ttm) 1.66
PE Ratio 1.12
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 321,492
Open 1.78
Previous Close 1.73
Day's Range 1.75 - 1.89
52-Week Range 1.40 - 7.37
Beta n/a
Analysts Buy
Price Target 6.12 (+229.0%)
Earnings Date Nov 9, 2022

About BGRY

Berkshire Grey, Inc., an intelligent enterprise robotics company, provides AI-enabled robotic solutions that automate supply chain operations in the United States and Japan. The company's solutions automate filling ecommerce orders for consumers or businesses, filling orders to resupply retail stores and groceries, and handling packages shipped to fill those orders. It serves retail, ecommerce, grocery, package handling, and third-party logistics markets. The company was founded in 2013 and is headquartered in Bedford, Massachusetts. [Read more...]

Industry Specialty Industrial Machinery
Founded 2013
Employees 370
Stock Exchange NASDAQ
Ticker Symbol BGRY
Full Company Profile

Financial Performance

In 2021, Berkshire Grey's revenue was $50.85 million, an increase of 45.98% compared to the previous year's $34.84 million. Losses were -$153.38 million, 166.1% more than in 2020.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for BGRY stock is "Buy." The 12-month stock price forecast is 6.12, which is an increase of 229.03% from the latest price.

Price Target
$6.12
(229.03% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Berkshire Grey Reports Second Quarter 2022 Results; Surpasses Q2 Expectations with Revenue of $23.4 Million

BEDFORD, Mass., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Berkshire Grey Inc. (Nasdaq: BGRY), a leader in AI-enabled robotic solutions that automate supply chain processes, today announced results for its secon...

1 month ago - GlobeNewsWire

Berkshire Grey Announces Date for Second Quarter 2022 Financial Results

BEDFORD, Mass., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Berkshire Grey Inc. (Nasdaq: BGRY), a leader in AI-enabled robotic solutions that automate supply chain processes, announced that it will report second ...

1 month ago - GlobeNewsWire

Berkshire Grey and FedEx Expand Their Robotic Automation Solutions Relationship

FedEx Embraces AI-Robotic Automation to Streamline Operations and Drive Long-Term Efficiencies, Signs Warrant Agreement with Berkshire Grey FedEx Embraces AI-Robotic Automation to Streamline Operations ...

2 months ago - GlobeNewsWire

Berkshire Grey Wins SupplyTech Innovation of the Year Award

BEDFORD, Mass., June 23, 2022 (GLOBE NEWSWIRE) -- Berkshire Grey Inc . (Nasdaq: BGRY), a leader in AI-enabled robotic solutions that automate supply chain processes, was named a winner of this year's Su...

3 months ago - GlobeNewsWire

Berkshire Grey and Logistex Partner to Deliver Robotic Automation for Intralogistics Operations in the UK

Established System Integrator Joins Berkshire Grey's Partner Alliance Programme to Accelerate Adoption of Intelligent Enterprise Robotics for eCommerce, Retail, and 3PL Customers Established System Inte...

4 months ago - GlobeNewsWire

Berkshire Grey Announces Date for First Quarter 2022 Financial Results

BEDFORD, Mass., May 05, 2022 (GLOBE NEWSWIRE) -- Berkshire Grey Inc. (Nasdaq: BGRY), a leader in AI-enabled robotic solutions that automate supply chain processes, announced that it will report first qu...

4 months ago - GlobeNewsWire

Berkshire Grey is turning anywhere into a fulfillment center

In 2022, the store is everywhere. While brick-and-mortar retail certainly isn't going away, U.S. consumers have learned to shop online.

4 months ago - FreightWaves

Berkshire Grey Reports Fourth Quarter and FY 2021 Results

Exceeds Fourth Quarter and Full Year 2021 Revenue Guidance Enters 2022 with Backlog of $105 Million

6 months ago - GlobeNewsWire

Berkshire Grey Introduces Robotic System for Autonomous eCommerce Autobagging

Berkshire Grey's Robotic Pick and Pack with Identification (BG RPPi) systems integrate with market leading autobagging technologies to improve fulfillment throughput capacity without adding labor Berksh...

6 months ago - GlobeNewsWire

Swisslog and Berkshire Grey Partner to Bring AI-Enabled Robotic Solutions to Global Warehouse Operations

The Partnership Provides Enterprises with E-Commerce, Distribution, and Store Automation Solutions to Increase Order Fulfillment and Maximize Existing Labor Productivity BEDFORD, Mass. and NEWPORT NEWS,...

6 months ago - PRNewsWire

Berkshire Grey Announces Date for Fourth Quarter 2021 Financial Results

BEDFORD, Mass., March 15, 2022 (GLOBE NEWSWIRE) -- Berkshire Grey Inc. (Nasdaq: BGRY), a leader in AI-enabled robotic solutions that automate supply chain processes, announced that it will report fourth...

6 months ago - GlobeNewsWire

Berkshire Grey Extends Commercial Momentum With New Order Worth $14M

Berkshire Grey Inc (NASDAQ: BGRY) has secured $14 million in new orders since November 2021, including $8 million in new orders and $6 million of follow-on new orders. The additional orders reflect grow...

8 months ago - Benzinga

Berkshire Grey Extends its Commercial Momentum with $14 Million in New Orders, Bringing Total Orders to Date to Appro...

Increases backlog to $105 million; Announces new products and forges new partnerships to meet growing demand for AI-enabled intelligent enterprise robotic solutions that transform supply chain operation...

8 months ago - GlobeNewsWire

Berkshire Grey flips the switch on returns and reverse logistics

UPS said this week that it expects to handle 60 million returned packages through Jan. 22, a 10% increase over last year, with 25% of Americans expected to make at least one return. That delivery strain...

8 months ago - FreightWaves

Berkshire Grey Helps eCommerce Retailers Solve the $120 Billion Returns Problem

The new AI-enabled Reverse Logistics solution helps eCommerce retailers and 3PLs accelerate resale of returned goods by reducing the processing time up to 25% with robotic automation The new AI-enabled ...

8 months ago - GlobeNewsWire

Berkshire Grey to Present at the Needham Growth Conference

BEDFORD, Mass., Jan. 11, 2022 (GLOBE NEWSWIRE) -- Berkshire Grey Inc. (Nasdaq: BGRY), the leader in AI-enabled robotic solutions that automate supply chain processes, today announced that management is ...

8 months ago - GlobeNewsWire

Berkshire Grey Introduces Next Generation Robotic Product Sortation (BG RPS) Solution for Scalable, Touchless Order F...

BG RPS systems autonomously pick, sort, and pack millions of items per month with higher speed and throughput while increasing fulfillment by up to 2X without adding labor BG RPS systems autonomously pi...

9 months ago - GlobeNewsWire

Berkshire Grey struggles in first quarter as public company

AI-powered robotics and supply chain automation company Berkshire Grey reported its first earnings as a publicly traded company Thursday morning before the bell, revealing some early struggles for the b...

10 months ago - FreightWaves

Berkshire Grey Stock Gains After Q3 Results; Accumulates Orders

Berkshire Grey Inc (NASDAQ: BGRY) reported third-quarter revenue of $18.8 million, missing the consensus of $19.56 million. Revenue improved 750% year-over-year and 317% sequentially.

10 months ago - Benzinga

Berkshire Grey Secures $36 Million in New Orders

BEDFORD, Mass., Nov. 11, 2021 (GLOBE NEWSWIRE) -- Berkshire Grey Inc. (Nasdaq: BGRY), the leader in AI-enabled robotic solutions that automate supply chain processes, today announced that it recently se...

10 months ago - GlobeNewsWire

Bealls, Inc. Selects Berkshire Grey's Advanced Robotic Solutions to Automate and Accelerate Fulfillment Operations

Innovative Retailer with over 525 stores chooses Berkshire Grey's robotic automation to speed up store replenishment for growth merchandise categories Innovative Retailer with over 525 stores chooses Be...

10 months ago - GlobeNewsWire

Berkshire Grey Reports Third Quarter 2021 Results

Total Orders to-Date Increase to $184 Million, Reinforcing the Company's Ongoing Revenue Momentum and Growth Trajectory Total Orders to-Date Increase to $184 Million, Reinforcing the Company's Ongoing R...

10 months ago - GlobeNewsWire

Berkshire Grey Announces the Robotic Shuttle Product Sortation (BG RSPS) Solution to Accelerate Order Fulfillment and...

Following successful customer adoption, Berkshire Grey offers RSPS to global retailers, grocers and 3PLs to efficiently put the right inventory in the right places at the right times Following successfu...

11 months ago - GlobeNewsWire

Berkshire Grey Announces Date for Third Quarter 2021 Financial Results

BEDFORD, Mass., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Berkshire Grey Inc. (Nasdaq: BGRY), the leader in AI-enabled robotic solutions that automate supply chain processes, announced that it will report third...

11 months ago - GlobeNewsWire

Berkshire Grey Partners With Atos For Supply Chain Transformation

Berkshire Grey Inc (NASDAQ: BGRY) and Atos (OTC: AEXAY) have partnered to accelerate the automation of supply chain operations. The financial terms of the deal were not disclosed.

11 months ago - Benzinga