NewAge, Inc. (NBEV)

NASDAQ: NBEV · IEX Real-Time Price · USD
0.310
+0.025 (8.77%)
Jul 7, 2022 1:27 PM EDT - Market open
8.77%
Market Cap 45.51M
Revenue (ttm) 439.53M
Net Income (ttm) -7.14M
Shares Out 146.81M
EPS (ttm) -0.27
PE Ratio n/a
Forward PE 14.88
Dividend n/a
Ex-Dividend Date n/a
Volume 1,304,390
Open 0.280
Previous Close 0.285
Day's Range 0.280 - 0.314
52-Week Range 0.213 - 2.290
Beta 1.33
Analysts Buy
Price Target 3.57 (+1,051.6%)
Earnings Date Aug 8, 2022

About NBEV

NewAge, Inc. develops, markets, sells, and distributes healthy products in the United States, Japan, China, and internationally. The company operates in two segments, Direct / Social Selling and Direct Store. It provides health and wellness, energy drink, essential oil and anti-aging skincare, cosmetic, beverage, snacks, water and air filtration, and personal care products, as well as weight management, nutritional supplement, nutraceutical, and slenderiize products; diagnostic products, such as DNA testing and diagnostic kits and products; and... [Read more...]

Industry Beverages
IPO Date Feb 14, 2017
Employees 1,091
Stock Exchange NASDAQ
Ticker Symbol NBEV
Full Company Profile

Financial Performance

In 2020, NewAge's revenue was $279.47 million, an increase of 10.15% compared to the previous year's $253.71 million. Losses were -$39.34 million, -56.20% less than in 2019.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for NBEV stock is "Buy." The 12-month stock price forecast is 3.57, which is an increase of 1,051.61% from the latest price.

Price Target
$3.57
(1,051.61% upside)
Analyst Consensus: Buy
Stock Forecasts

News

NewAge, Inc. Announces Review of Strategic Alternatives

SALT LAKE CITY, June 08, 2022 (GLOBE NEWSWIRE) -- NewAge, Inc . (Nasdaq: NBEV) (the “Company”), the Utah-based direct-to-consumer (D2C) organic and healthy products company, today announced that its Boa...

Cologne List® Adds NewAge, Inc.'s Nutrifii™ Renew to Certification List

Renew joins 33 other NewAge products certified by the world's leading independent scientific laboratory in the field of analytical testing for banned substances in nutritional supplements Renew joins 33...

NewAge, Inc. Receives Nasdaq Notice on Late Filing of its Form 10-Q

SALT LAKE CITY, May 17, 2022 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV) (the “Company” or “NewAge”), announced that it received an additional delinquency notice from the Nasdaq Stock Market on May ...

NewAge, Inc. Receives Notification from Nasdaq Related to Delayed Annual Report on Form 10-K

SALT LAKE CITY, April 04, 2022 (GLOBE NEWSWIRE) -- As previously announced, on March 16, 2022, NewAge, Inc. (Nasdaq: NBEV) (the “Company” or “NewAge”), filed a Notification of Late Filing on Form 12b-25...

NewAge, Inc. Delays Filing of Annual Report on Form 10-K

SALT LAKE CITY, March 31, 2022 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV) (the “Company” or “NewAge”) today announced that although the Company filed a Notification of Late Filing on Form 12b-25 wi...

NewAge, Inc. Delays Fourth Quarter and Full Year 2021 Financial Results Conference Call

SALT LAKE CITY, March 15, 2022 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), a direct selling company with a primary focus on healthy products, today announced its fourth quarter and full year 2021 e...

NewAge, Inc. Announces New Credit Facility

SALT LAKE CITY, March 14, 2022 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), a direct selling company with a primary focus on healthy products, today announced it has entered into a new $12.0 million...

NewAge, Inc. Names Ed Brennan Interim Chief Executive Officer

SALT LAKE CITY, March 09, 2022 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), a direct selling company with a primary focus on healthy products, today announced that Ed Brennan, Chair of NewAge's Boar...

NewAge, Inc. Appoints Michele Crocker to its Board of Directors

SALT LAKE CITY, March 03, 2022 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), a direct selling company with a primary focus on healthy products, today announced the appointment of Michele Crocker to i...

NewAge to weigh reverse stock split to regain Nasdaq listing requirement

NewAge Inc. NBEV, -0.14% said Friday it has received notice from Nasdaq Stock Market LLC that it is not in compliance with the $1.00 closing bid listing requirement. The Utah-based health and wellness b...

NewAge, Inc. to Report Fourth Quarter and Full Year 2021 Financial Results on March 16

SALT LAKE CITY, Feb. 25, 2022 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), a direct-to-consumer (D2C) healthy products company, today announced that it will release financial results for its fourth ...

NewAge, Inc. Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

SALT LAKE CITY, Feb. 25, 2022 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), a direct-to-consumer (D2C) healthy products company, today announced that it has received a written notification from the N...

NewAge, Inc. to Participate in the 2022 ICR Conference

DENVER, Jan. 10, 2022 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based direct-to-consumer (D2C) organic and healthy products company, today announced that its Chief Financial Officer ...

NewAge, Inc. Issues Preliminary Financial Results for Fourth Quarter 2021

Expects preliminary, unaudited net revenue in the range of $99 million to $101 million Expects preliminary, unaudited net revenue in the range of $99 million to $101 million

NewAge, Inc. Files 8-K Regarding Agreed Resignation of CEO

DENVER, Jan. 10, 2022 (GLOBE NEWSWIRE) -- On January 10, 2022, NewAge, Inc. (Nasdaq: NBEV), the Colorado-based direct-to-consumer (D2C) organic and healthy products company, filed a Form 8-K with the U....

NewAge Honored as Winner in the 2021 Viddy Awards for Social-Inspired Training Series

DENVER, Dec. 20, 2021 (GLOBE NEWSWIRE) -- NewAge, Inc. (NASDAQ: NBEV), the Colorado-based D2C (direct-to-consumer) organic and healthy products company, today announced that NewAge, Inc. was selected as...

NewAge, Inc. Announces New Chair of Its Board of Directors

Ed Brennan to become Chairman of the Board; Gregory Fea to transition to Board member Ed Brennan to become Chairman of the Board; Gregory Fea to transition to Board member

NewAge, Inc. Appoints Judith Hammerschmidt to Board of Directors

DENVER, Dec. 01, 2021 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based direct-to-consumer (D2C) organic and healthy products company, announced today the appointment of Judith Hammers...

NewAge, Inc. to Participate in Roth Capital Deer Valley Conference

DENVER, Nov. 30, 2021 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based direct-to-consumer (D2C) organic and healthy products company, today announced that management will participate ...

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NewAge Announces New Anti-Aging Discovery and Filing of Patent on New Formula

DENVER, Nov. 16, 2021 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based direct-to-consumer (D2C) organic and healthy products company, today announced the discovery of a new method of ...

Why NewAge Stock Fell 11% Today

Sales didn't meet expectations this quarter.

NewAge (NBEV) Reports Q3 Loss, Misses Revenue Estimates

NewAge (NBEV) delivered earnings and revenue surprises of -733.33% and -19.59%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

NewAge, Inc. Announces Third Quarter 2021 Financial Results With Revenue Growth of 59%

DENVER, Nov. 09, 2021 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based direct-to-consumer (D2C) organic and healthy products company, today announced financial results for the third q...

NewAge (NBEV) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

NewAge (NBEV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.