Edible Garden (NASDAQ:EDBL) Issues Earnings Results

Edible Garden (NASDAQ:EDBL) posted its quarterly earnings data on Tuesday. The company reported ($24.81) earnings per share for the quarter, missing the consensus estimate of ($5.60) by ($19.21), FiscalAI reports. Edible Garden had a negative net margin of 115.44% and a negative return on equity of 1,078.80%. The firm had revenue of $4.13 million during the quarter, compared to analyst estimates of $5.42 million.

Here are the key takeaways from Edible Garden’s conference call:

• Distribution expanded to nearly 6,000 store locations, with management reporting incremental placement of more than 700 stores in Q4 across Kroger, Safeway, Wakefern and others, signaling stronger retail traction and shelf presence.
• Company is pivoting toward higher‑margin CPG and ready‑to‑drink (RTD) products, announcing an RTD manufacturing initiative at its Midwest facility with Tetra Tech to capture a large, fast‑growing market opportunity.
• Q4 showed a $1.2 million gross loss and full‑year revenue declined to $12.8M (from $13.9M) as management absorbed elevated onboarding costs and exited low‑margin floral/lettuce lines; SG&A also rose materially due to the Natural Shrimp acquisition and deal‑related costs.
• Management projects improved profitability mix, guiding to a blended company margin in the low‑double digits to mid‑teens long term and forecasting RTD margins in the ~20%–30% range as scale and shelf‑stable products ramp.
• The Midwest RTD buildout is described as “significant” CapEx with a target commercial timeline toward the end of 2027 and potential state/local incentives, but exact costs and timing remain unspecified.

Edible Garden Price Performance

Edible Garden stock traded up $0.19 during trading hours on Tuesday, hitting $1.15. The stock had a trading volume of 302,217 shares, compared to its average volume of 689,584. The stock has a market capitalization of $678,500.00, a price-to-earnings ratio of -0.01 and a beta of 2.18. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.80 and a quick ratio of 0.51. Edible Garden has a 1-year low of $0.88 and a 1-year high of $62.90. The stock’s fifty day moving average is $3.15 and its two-hundred day moving average is $9.93.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Edible Garden in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Edible Garden currently has an average rating of “Sell”.

Hedge Funds Weigh In On Edible Garden

A hedge fund recently raised its stake in Edible Garden stock. Cetera Investment Advisers increased its stake in shares of Edible Garden AG Incorporated (NASDAQ:EDBL) by 861.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 96,150 shares of the company’s stock after purchasing an additional 86,150 shares during the period. Cetera Investment Advisers owned 16.19% of Edible Garden worth $58,000 as of its most recent SEC filing. Institutional investors and hedge funds own 12.99% of the company’s stock.

About Edible Garden

Edible Garden AG, trading on the Nasdaq under the ticker EDBL, is a technology-enabled agriculture company specializing in the design, construction and operation of hydroponic greenhouse farms. By leveraging controlled-environment agriculture techniques and proprietary automation systems, the company produces a range of leafy greens and salad‐related vegetables, including branded Salanova products, for wholesale distribution to retailers, food service operators and distributors.

In addition to farm ownership and produce cultivation, Edible Garden develops and licenses its modular greenhouse technology and cultivation methods to third parties.