Reborn Coffee, Inc. (REBN)

Market Cap	17.31M
Revenue (ttm)	5.95M
Net Income (ttm)	-4.00M
Shares Out	2.20M
EPS (ttm)	-0.30
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	38,279
Open	7.41
Previous Close	7.33
Day's Range	7.23 - 7.91
52-Week Range	0.92 - 8.80
Beta	n/a
Analysts	Strong Buy
Price Target	16.00 (+103.3%)
Earnings Date	Aug 12, 2024

About REBN

Reborn Coffee, Inc., through its subsidiaries, operates and franchises retail locations, kiosks, and cafes that focus on serving specialty-roasted coffee in California. It purchases, roasts, and sells coffee, tea and other beverages, and various food items. It offers products in various form factors, such as whole bean roasted coffee bags, single-serve drip bags, and pour over packs. The company also offers its products online. Reborn Coffee, Inc. was founded in 2014 and is headquartered in Brea, California.

• Industry: Restaurants
• Sector: Consumer Discretionary
• IPO Date: Aug 12, 2022
• Employees: 24
• Stock Exchange: NASDAQ
• Ticker Symbol: REBN

Financial Performance

In 2023, Reborn Coffee's revenue was $5.95 million, an increase of 83.74% compared to the previous year's $3.24 million. Losses were -$4.00 million, 12.5% more than in 2022.

Analyst Forecast

According to one analyst, the rating for REBN stock is "Strong Buy" and the 12-month stock price forecast is $16.0.

Price Target

$16.0

(103.30% upside)

Analyst Consensus: Strong Buy