Edible Garden AG Incorporated (EDBL)

NASDAQ: EDBL · IEX Real-Time Price · USD
4.80
+0.02 (0.42%)
At close: Feb 7, 2023, 4:00 PM
4.87
+0.07 (1.46%)
After-hours: Feb 7, 2023, 7:59 PM EST
0.42%
Market Cap 49.21M
Revenue (ttm) 11.28M
Net Income (ttm) -11.54M
Shares Out 10.25M
EPS (ttm) -1.54
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 519,248
Open 5.00
Previous Close 4.78
Day's Range 4.54 - 5.00
52-Week Range 4.52 - 90.00
Beta n/a
Analysts Buy
Price Target 3.06 (-36.25%)
Earnings Date Feb 9, 2023

About EDBL

Edible Garden AG Incorporated and its subsidiaries operate as a controlled environment agriculture farming company. It offers various products, including individually potted, live herbs, cut single-herb clamshells, specialty herb items, various types of lettuce, hydro basil, bulk basil, and vegan protein powder. The company sells its products to various regional and national supermarkets. Edible Garden AG Incorporated was founded in 2020 and is based in Belvidere, New Jersey. [Read more]

Industry Farm Products
IPO Date May 5, 2022
Country United States
Stock Exchange NASDAQ
Ticker Symbol EDBL
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for EDBL stock is "Buy." The 12-month stock price forecast is $3.06, which is a decrease of -36.25% from the latest price.

Price Target
$3.06
(-36.25% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Why Is Edible Garden (EDBL) Stock Down 45% Today?

Edible Garden (NASDAQ: EDBL) stock is falling hard on Friday as investors react to a proposed public stock offering. Edible Garden is planning a public offering that would see the company raise no mo...

4 days ago - InvestorPlace

Edible Garden Announces Pricing of Upsized $10.2 Million Underwritten Public Offering

BELVIDERE, NJ, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally g...

5 days ago - GlobeNewsWire

Edible Garden (EDBL) Stock Surges With No Shares Available to Short

With sentiment in the major equity indices gaining robustly in the new year, some traders have an eye on speculation, as indicated by recent upside for Edible Gardens (NASDAQ: EDBL). Specializing in ...

1 week ago - InvestorPlace

Edible Garden Announces Results of Special Stockholder Meeting

BELVIDERE, NJ, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”)  (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally ...

1 week ago - GlobeNewsWire

Edible Garden Announces New Distribution with Morton Williams Supermarkets

Edible Garden Products to be Available in All 16 Morton Williams Retail Locations in the New York Metropolitan Area Edible Garden Products to be Available in All 16 Morton Williams Retail Locations in...

2 weeks ago - GlobeNewsWire

Edible Garden Order Fulfillment Rate Exceeds Industry Average, Contributing to Successful Holiday Season

BELVIDERE, NJ, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally g...

3 weeks ago - GlobeNewsWire

Edible Garden Completes Phase One Buildout of Edible Garden Heartland Ahead of Schedule

Commences Growing and Expects FDA Food Safety and USDA Organic Certifications in January 2023

1 month ago - GlobeNewsWire

Edible Garden Announces New Distribution with Gristedes and D'Agostino Supermarkets

Edible Garden Products to be Available in 29 Gristedes and D'Agostino retail locations, situated in densely populated, high-traffic Urban Areas, in Manhattan, Brooklyn and Westchester Counties Edible ...

2 months ago - GlobeNewsWire

Edible Garden to Display Expanding Product Lines and Sustainability Initiatives at the 2022 New York Produce Show and Conference on December 1st

BELVIDERE, NJ, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally g...

2 months ago - GlobeNewsWire

Edible Garden Now Offers It's Unique “Poultry Mix” Potted Herbs at New Retailers

Provides Customers with a Fresh and Convenient, All-in-One Source of Essential Seasonings, Including Rosemary, Thyme and Sage for Holiday Meals Provides Customers with a Fresh and Convenient, All-in-O...

2 months ago - GlobeNewsWire

Edible Garden Acquires Pulp Flavors to Expand Presence in Sustainable Gourmet Sauces

BELVIDERE, N.J., Nov. 15, 2022 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally...

3 months ago - GlobeNewsWire

Edible Garden Reports Second Consecutive Quarter of Year-Over-Year Revenue Growth; Revenue Increases 12.5% Year-Over-Year for the Third Quarter of 2022

Edible Garden's Heartland Facility - Q3 Acquisition Expected to Begin Operations by Year-End Expanding Capacity to Support up to $20 Million in Annualized Revenue

3 months ago - GlobeNewsWire

Edible Garden Schedules Third Quarter 2022 Financial Results and Business Update Conference Call

BELVIDERE, NJ, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally g...

3 months ago - GlobeNewsWire

Edible Garden to Showcase Innovative Product Lines and Zero-Waste Inspired® Initiatives at the 2022 Global Produce & Floral Show in Orlando, Florida October 27th – 29th

BELVIDERE, NJ, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”)  (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally ...

3 months ago - GlobeNewsWire

Edible Garden Announces New Greenhouse Grown Salad Kits; Set to Launch First at Meijer Locations Across the Midwest

Three Sustainable and Locally Grown Salad Kits Now Available : Caesar Salad , Crisp Ranch, and Baby Arugula

3 months ago - GlobeNewsWire

Edible Garden Announces Appointment of Deborah K. Pawlowski to Board of Directors

BELVIDERE, NJ, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”)  (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally ...

4 months ago - GlobeNewsWire

Edible Garden to Present at MicroCap Rodeo's Windy City Roundup Conference on October 13th

BELVIDERE, NJ / ACCESSWIRE / October 6, 2022 / - Edible Garden AG Incorporated ("Edible Garden" or the "Company") (Nasdaq:EDBL,EDBLW), a leader in controlled environment agriculture (CEA), locally gro...

4 months ago - Accesswire

Generational Equity Advises Greenleaf Growers in its Sale to 2900 Madison Ave Holdings

DALLAS--(BUSINESS WIRE)--Greenleaf Growers, a Generational Equity client, was acquired by 2900 Madison Ave Holdings, a holding company of Edible Garden.

5 months ago - Business Wire

“Edible Garden Heartland” - A Zero-Waste Inspired® Multifaceted AgTech Facility Planned to Open in Grand Rapids, Michigan

Advances Company's Commitment to the Local Midwest Market

5 months ago - GlobeNewsWire

Edible Garden Continues Organic Growth with Revenue Increasing 7.5% Year-Over-Year for the Second Quarter of 2022 and New Expansion Initiatives Underway

Conference Call to Be Held Today at 11:00 am ET Conference Call to Be Held Today at 11:00 am ET

6 months ago - GlobeNewsWire

Edible Garden Schedules Second Quarter 2022 Financial Results and Business Update Conference Call

BELVIDERE, NJ, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally g...

6 months ago - GlobeNewsWire

Edible Garden to Distribute Products in 28 Food Bazaar Locations Across New York, New Jersey, and Connecticut

BELVIDERE, NJ, July 19, 2022 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally g...

7 months ago - GlobeNewsWire

Edible Garden CEO to Participate in the Benzinga All Access Event on July 22nd

BELVIDERE, NJ, July 15, 2022 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally g...

7 months ago - GlobeNewsWire

Edible Garden Announces Expanded Distribution of its Sustainable Hydro Basil with Major Northeast Retailer

Plan to launch new product in more than 350 locations across Northeast Plan to launch new product in more than 350 locations across Northeast

7 months ago - GlobeNewsWire

Edible Garden Reports on Success of Its Zero-Waste Inspired® ESG/Sustainability Mandate

Less Waste and a Reduction of Carbon and Plastic Impact Driving Retail and Consumer Demand Less Waste and a Reduction of Carbon and Plastic Impact Driving Retail and Consumer Demand

7 months ago - GlobeNewsWire