Winc, Inc. (WBEV)

NYSEAMERICAN: WBEV · IEX Real-Time Price · USD
0.237
-0.113 (-32.21%)
Dec 7, 2022 4:00 PM EST - Market closed
-32.21%
Market Cap 4.65M
Revenue (ttm) 70.40M
Net Income (ttm) -17.98M
Shares Out 12.62M
EPS (ttm) -3.13
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 890,947
Open 0.252
Previous Close 0.35
Day's Range 0.22 - 0.28
52-Week Range 0.1 - 9
Beta n/a
Analysts Buy
Price Target 3.83 (+1,514.7%)
Earnings Date Dec 14, 2022

About WBEV

Winc, Inc. engages in sourcing, bottling, labeling, and distributing wine under its own winery license in the United States and internationally. It operates through DTC and Wholesale segments. The company offers wines and non-alcoholic wines under the Summer Water, Wonderful Wine Company, Lost Poet, Folly of the Beast, Chop Shop, and Cherries and Rainbows brand names; and ready to drink cocktails, and spirits and beers. It sells its products through direct-to-consumer model, wholesale distribution channels, retailers, and restaurants, as well a... [Read more]

Industry Beverages-Wineries & Distilleries
IPO Date Nov 11, 2021
Employees 100
Stock Exchange NYSEAMERICAN
Ticker Symbol WBEV
Full Company Profile

Financial Performance

In 2021, Winc, Inc.'s revenue was $72.07 million, an increase of 11.38% compared to the previous year's $64.71 million. Losses were -$14.65 million, 110.5% more than in 2020.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for WBEV stock is "Buy." The 12-month stock price forecast is 3.83, which is an increase of 1,514.67% from the latest price.

Price Target
$3.83
(1,514.67% upside)
Analyst Consensus: Buy
Stock Forecasts

News

NYSE American to Commence Delisting Proceedings against Winc, Inc. (WBEV)

NEW YORK--( BUSINESS WIRE )--NYSE American LLC (“NYSE American” or the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of ...

2 days ago - Business Wire

Winc (WBEV) Stock Rockets 100% After Bankruptcy Filing

Among the more volatile stocks in the market of late is online wine club Winc (NYSEAMERICAN: WBEV ). Today's surge of more than 100% in WBEV stock follows previous plunges we reported on, as the company...

2 days ago - InvestorPlace

Winc Sinks Into Bankruptcy as Taste for Wine Subscriptions Sours

You might have thought that an online wine club would be impervious to consumers' belt-tightening. News came last week that Winc filed for Chapter 11 bankruptcy.

3 days ago - PYMNTS

Winc (WBEV) Stock Plunges 28% on Bankruptcy Filing

Winc (NYSEMKT: WBEV ) stock isn't doing so hot on Thursday as investors react to the wine subscription service company filing for bankruptcy protection. Winc is filing for bankruptcy as the company has ...

6 days ago - InvestorPlace

Winc Reports Third Quarter 2022 Financial Results

LOS ANGELES , Nov. 14, 2022 /PRNewswire/ -- Winc, Inc. ("Winc" or the "Company") (NYSE American: WBEV), a differentiated platform for growing alcoholic beverages brands, today announced financial result...

3 weeks ago - PRNewsWire

Winc Reports Second Quarter 2022 Financial Results

Strong wholesale growth driven by expanding distribution and velocity gains LOS ANGELES , Aug. 11, 2022 /PRNewswire/ -- Winc, Inc. ("Winc" or the "Company") (NYSE American: WBEV), a differentiated platf...

3 months ago - PRNewsWire

Winc to Report Second Quarter 2022 Financial Results on August 11, 2022

LOS ANGELES , July 29, 2022 /PRNewswire/ -- Winc, Inc. ("Winc" or the "Company") (NYSE American: WBEV), a differentiated platform for growing alcoholic beverages brands, today announced that it will rep...

4 months ago - PRNewsWire

Summer Water Rosé Awarded 91 Points in Wine Enthusiast's 2022 Buying Guide

The 2021 vintage was also specially designated as an Editor's Choice LOS ANGELES , June 14, 2022 /PRNewswire/ -- Winc, Inc. ("Winc" or the "Company") (NYSE American: WBEV), a differentiated platform for...

5 months ago - PRNewsWire

Winc Reports First Quarter 2022 Financial Results

Strong core portfolio performance drives continued wholesale growth LOS ANGELES , May 11, 2022 /PRNewswire/ -- Winc, Inc. ("Winc" or the "Company") (NYSE American: WBEV), a differentiated platform for g...

6 months ago - PRNewsWire

Winc to Report First Quarter 2022 Financial Results on May 11, 2022

LOS ANGELES , April 27, 2022 /PRNewswire/ -- Winc, Inc. ("Winc" or the "Company") (NYSE American: WBEV), one of the fastest-growing at-scale beverage companies in the United States, today announced that...

7 months ago - PRNewsWire

Winc Launches Wonders, Expanding Portfolio Targeting $8.9B Organic Wine Market

The no sugar, organic brand has successfully sold over 17,000 cases at retailers such as Walmart, HEB, and Earth Fare LOS ANGELES , April 25, 2022 /PRNewswire/ -- Winc, Inc. ("Winc" or the "Company") (N...

7 months ago - PRNewsWire

Winc Reports Fourth Quarter and Full Year 2021 Financial Results

Wholesale channel wins fuel continued growth LOS ANGELES , March 29, 2022 /PRNewswire/ -- Winc, Inc. ("Winc" or the "Company") (NYSE American: WBEV), a differentiated platform for growing alcoholic beve...

8 months ago - PRNewsWire

Winc to Report Fourth Quarter and Full Year 2021 Financial Results on March 29, 2022

LOS ANGELES, March 15, 2022 /PRNewswire/ -- Winc, Inc. ("Winc" or the "Company") (NYSE American: WBEV), one of the fastest-growing at-scale beverage companies in the United States, today announced that ...

8 months ago - PRNewsWire

Winc to Participate in the 34th Annual Roth Conference

LOS ANGELES, March 7, 2022 /PRNewswire/ -- Winc, Inc. ("Winc" or the "Company") (NYSE American: WBEV), one of the fastest-growing beverage companies in the United States, today announces that Matt Thele...

9 months ago - PRNewsWire

Winc to Participate in D.A. Davidson 5th Annual Consumer Growth Conference

LOS ANGELES, March 3, 2022 /PRNewswire/ -- Winc, Inc. ("Winc") (NYSE American: WBEV), one of the fastest-growing beverage companies in the United States, today announces that Geoff McFarlane, CEO and Co...

9 months ago - PRNewsWire

Darren Plewes Appointed Vice President, Wholesale at Winc

LOS ANGELES , Feb. 28, 2022 /PRNewswire/ -- Winc, Inc. ("Winc") (NYSE American: WBEV), one of the fastest-growing beverage companies in the United States, today announced that Darren Plewes will be join...

9 months ago - PRNewsWire

Winc's Strong Wholesale Growth Driven by Unique Omni-channel Strategy

LOS ANGELES, Jan. 7, 2022 /PRNewswire/ -- Winc, Inc. ("Winc" or the "Company") (NYSE-American: WBEV), one of the fastest-growing beverage companies in the United States, continues its strong wholesale g...

11 months ago - PRNewsWire

Canaccord Is Bullish On This Wine Company, Sees Sharp Upside

Canaccord analyst Bobby Burleson initiated coverage on Winc Inc (NYSE:WBEV) with a Buy rating and $14 price target, implying a 75.4% upside. Burleson views the company as well-positioned to gain share i...

11 months ago - Benzinga

Winc to Present at the Emerging Growth Conference on January 5, 2022

LOS ANGELES, Jan. 4, 2022 /PRNewswire/ -- Winc, Inc. ("Winc" or the "Company") (NYSE American: WBEV), one of the fastest-growing at-scale beverage companies in the United States, is pleased to announce ...

11 months ago - PRNewsWire

Winc Sees Unprecedented Growth in Its Organic Wines

LOS ANGELES, Dec. 14, 2021 /PRNewswire/ -- Winc, Inc. ("Winc" or the "Company") (NYSE American: WBEV), one of the fastest-growing at-scale wineries in the United States, today announced the growth and e...

11 months ago - PRNewsWire

Winc Reports Third Quarter 2021 Financial Results

LOS ANGELES, Dec. 8, 2021 /PRNewswire/ -- Winc, Inc. ("Winc" or the "Company") (NYSE American: WBEV), one of the fastest-growing at-scale beverage companies in the United States, today announced financi...

11 months ago - PRNewsWire

Winc to Report Third Quarter 2021 Financial Results on December 8, 2021

LOS ANGELES, Nov. 30, 2021 /PRNewswire/ -- Winc, Inc. ("Winc" or the "Company") (NYSE American: WBEV), one of the fastest-growing at-scale wineries in the United States, today announced that it will rep...

1 year ago - PRNewsWire

Winc Launches New Summer Water Bubbly Rosé Across US

Winc Inc (NYSE: WBEV) has launched Summer Water Bubbly, a sparkling French rosé that will be available in retail stores across the U.S. Winc expects Summer Water Bubbly to catapult growth for the Summer...

1 year ago - Benzinga

Winc Launches New Summer Water Bubbly Rosé Nationally

LOS ANGELES, Nov. 24 , 2021 /PRNewswire/ -- Winc, Inc. ("Winc" or the "Company") (NYSE: WBEV), one of the fastest-growing at-scale wineries in the United States, announces the launch of Summer Water Bub...

1 year ago - PRNewsWire

Winc, Inc. Prices $22.0 Million Initial Public Offering

NEW YORK, Nov. 10, 2021 /PRNewswire/ -- Winc, Inc. (NYSE American: WBEV)  (the "Company" or "Winc"), today announced the pricing of its initial public offering of 1,692,308 shares of common stock at an ...

1 year ago - PRNewsWire