Reborn Coffee, Inc. (REBN)

NASDAQ: REBN · IEX Real-Time Price · USD
1.800
-0.160 (-8.16%)
At close: Feb 20, 2024, 3:59 PM
1.890
+0.090 (5.00%)
After-hours: Feb 20, 2024, 6:38 PM EST
-8.16%
Market Cap 23.74M
Revenue (ttm) 5.02M
Net Income (ttm) -4.14M
Shares Out 13.26M
EPS (ttm) -2.64
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 23,038
Open 1.950
Previous Close 1.960
Day's Range 1.760 - 2.030
52-Week Range 1.760 - 9.200
Beta n/a
Analysts Strong Buy
Price Target 16.00 (+788.89%)
Earnings Date Apr 9, 2024

About REBN

Reborn Coffee, Inc. 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. Reborn Coffee, Inc. was founded in 2014 and is based in Brea, California. [Read more]

Industry Restaurants
IPO Date Aug 12, 2022
Employees 24
Stock Exchange NASDAQ
Ticker Symbol REBN
Full Company Profile

Financial Performance

In 2022, Reborn Coffee's revenue was $3.24 million, an increase of 42.12% compared to the previous year's $2.28 million. Losses were -$3.55 million, 3.33% more than in 2021.

Financial Statements

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
(788.89% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Reborn Coffee Partners with Pet Fashion Brand Sgt. Puppa to Offer Pet Attire and Accessories at Pet Social Cafe

BREA, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) ("Reborn", or the "Company"), a California-based retailer of specialty coffee, today announced a strategic partnershi...

7 days ago - GlobeNewsWire

Reborn Coffee Partners with TOUS les JOURS Bakery for Distribution of a Valentine's Day Specialty Coffee Blend

BREA, Calif., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) ("Reborn", or the "Company"), a California-based retailer of specialty coffee, today announced a special distribution...

13 days ago - GlobeNewsWire

Reborn Coffee Closes $1 Million Private Placement Equity Investment from Chairman Farooq Arjomand

BREA, Calif., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) ("Reborn", or the "Company"), a California-based retailer of specialty coffee, today announced the closing of its pre...

4 weeks ago - GlobeNewsWire

Reborn Coffee to Conduct 1-for-8 Reverse Stock Split

BREA, Calif., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) ("Reborn", or the "Company"), a California-based retailer of specialty coffee, today announced that it will conduct a...

4 weeks ago - GlobeNewsWire

Reborn Coffee Secures $1 Million Private Placement Equity Commitment from Chairman Farooq Arjomand, Catalyzing International Growth Initiatives

BREA, Calif., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) ("Reborn", or the "Company"), a California-based retailer of specialty coffee, today announced a substantial investme...

5 weeks ago - GlobeNewsWire

Reborn Coffee Announces Grand Opening of Flagship Store in Kuala Lumpur, Malaysia

BREA, Calif., Dec. 01, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) ("Reborn", or the "Company"), a California-based retailer of specialty coffee, today announced the grand opening of a...

2 months ago - GlobeNewsWire

Reborn Coffee Announces Conversion of $1.0 Million of Outstanding Debt into Common Equity

BREA, Calif., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), a leader in the specialty coffee industry, today announced the conversion of $1.0 million of outstanding debt held by...

2 months ago - GlobeNewsWire

Reborn Coffee and KIB Plug Energy Korea Sign MOU for $5 Million Investment

BREA, Calif., Nov. 28, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee Inc (Nasdaq: REBN), A leader in the specialty coffee industry, today announced the signing of a Memorandum of Understanding (“MOU”) for a ...

3 months ago - GlobeNewsWire

Reborn Coffee Reports Third Quarter 2023 Financial Results

Third Quarter Revenue Increased 81% to $1.5 Million Third Quarter Gross Profit Increased 80% to $1.0 Million BREA, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn...

3 months ago - GlobeNewsWire

Reborn Coffee Joins Forces with Sheikh Hamed of Abu Dhabi's Millennium Hotel for Licensing and UAE Expansion

BREA, Calif., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, a brand renowned for its premium coffee experience, today announced a strategic partnership with Sheikh Hamed, the respected owner of Abu...

4 months ago - GlobeNewsWire

Reborn Coffee and Hour Loop Expand Partnership on Amazon with Launch of Exclusive Organic Volcanic Tea

BREA, Calif., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn”, or the “Company”), a California-based retailer of specialty coffee, and Hour Loop, Inc. (NASDAQ: HOUR), a ...

4 months ago - GlobeNewsWire

Reborn Coffee Appoints Global Entrepreneur Jennifer Tan to Board of Directors

Unique Volcanic Tea Experience to Support Expansion of Premium Tea Products Unique Volcanic Tea Experience to Support Expansion of Premium Tea Products

4 months ago - GlobeNewsWire

Reborn Coffee Partners with Online Retailer Hour Loop to Launch Coffee Products on Amazon Marketplace

BREA, Calif., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn”, or the “Company”), a California-based retailer of specialty coffee, today announced a strategic partnershi...

4 months ago - GlobeNewsWire

Reborn Coffee Announces “Sip for a Cause” Donation Support for Maui Fire Relief Efforts

50% of Proceeds from Kona Coffee Sales to be Given to the Maui Food Bank 50% of Proceeds from Kona Coffee Sales to be Given to the Maui Food Bank

5 months ago - GlobeNewsWire

Reborn Coffee to Present at H.C. Wainwright 25th Annual Global Investment Conference on September 11, 2023

BREA, Calif., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn”, or the “Company”), a California-based retailer of specialty coffee, today announced today it will particip...

6 months ago - GlobeNewsWire

Reborn Coffee Reports Second Quarter 2023 Financial Results

Second Quarter Revenue Increased 93% to $1.5 Million Second Quarter Gross Profit Increased 96% to $1.0 Million BREA, Calif., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) (“Rebo...

6 months ago - GlobeNewsWire

Reborn Coffee Launches Pet Focused Initiative with Events and Retail Location to Appeal to Growing Demographic

New Series of Engaging Events at Reborn Retail Locations in Partnership with Pet Rescue and Adoption Organizations Upcoming Launch of the Flagship Pet-Friendly “Reborn Cafe N Pet Social” BREA, Calif.,...

7 months ago - GlobeNewsWire

Reborn Coffee Receives $1 Million Strategic Credit Facility to Accelerate Company Initiatives

Provides Additional Financial Resources for Working Capital and Expenditures for New Product Rollouts, Store Openings and E-Commerce Provides Additional Financial Resources for Working Capital and Exp...

7 months ago - GlobeNewsWire

Reborn Coffee to Present at LD Micro Invitational XIII Conference on June 6, 2023

BREA, Calif., May 25, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn” or the “Company”), a California-based retailer of specialty coffee, will present at the LD Micro Invitationa...

9 months ago - GlobeNewsWire

Reborn Hosts Coffee Tasting and Marketing Event in Florida During Formula 1 Miami Grand Prix

BREA, Calif., May 23, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn”, or the “Company”), a California-based retailer of specialty coffee, hosted a unique coffee tasting and mark...

9 months ago - GlobeNewsWire

Reborn Coffee Reports First Quarter 2023 Financial Results

BREA, Calif., May 11, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn”, or the “Company”), a California-based retailer of specialty coffee, has reported its financial and operatio...

10 months ago - GlobeNewsWire

Reborn Coffee to Attend EF Hutton Inaugural Global Conference on May 11, 2023

BREA, Calif., April 27, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn” or the “Company”), a California-based retailer of specialty coffee, today announced it will attend the at ...

10 months ago - GlobeNewsWire

Reborn Coffee Appoints Bill Koschak to New Advisory Board

Launch of Advisory Board to Provide Strategic Guidance and Support Company Growth Launch of Advisory Board to Provide Strategic Guidance and Support Company Growth

10 months ago - GlobeNewsWire

Reborn Coffee Reports Fiscal Year 2022 Financial Results

2022 Revenue Increased 42% to $3.2M 2022 Gross Profit Increased 49% to $2.1M 4 Locations Opened in 2022 for a Total of 11 Stores BREA, Calif., April 11, 2023 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (N...

11 months ago - GlobeNewsWire

Reborn Coffee Launches Line of Super-Premium Cold Brew Ice Creams

Rich, Indulgent Flavors Target Company's Coffee Loving Customers Rich, Indulgent Flavors Target Company's Coffee Loving Customers

1 year ago - GlobeNewsWire