BARK, Inc. (NYSE:BARK) Stock Rated “Hold” by Sell-Side Analysts

Shares of BARK, Inc. (NYSE:BARK) have been assigned a consensus recommendation of “Hold” from the five brokerages that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating on the company. The average 12-month price target among analysts that have covered the stock in the last year is $15.33.

A number of equities research analysts have commented on the stock. Wall Street Zen raised shares of BARK from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Weiss Ratings lowered shares of BARK from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, October 26th.

BARK Stock Performance

Shares of BARK stock opened at $9.33 on Friday. The business has a 50-day simple moving average of $8.62 and a 200-day simple moving average of $10.80. BARK has a one year low of $7.39 and a one year high of $19.80. The company has a market cap of $84.26 million, a PE ratio of -3.32 and a beta of 1.99.

BARK (NYSE:BARK) last issued its earnings results on Thursday, November 5th. The company reported ($0.43) earnings per share for the quarter, missing the consensus estimate of ($0.42) by ($0.01). BARK had a negative net margin of 6.95% and a negative return on equity of 31.05%. The firm had revenue of $87.56 million during the quarter, compared to analyst estimates of $87.50 million.

More BARK News

Here are the key news stories impacting BARK this week:

• Positive Sentiment: BARK forecast fiscal Q3 revenue of $88 million to $92 million, above the $87.5 million consensus estimate. The company also said Q2 revenue of $87.56 million exceeded the high end of its guidance range. BARK Q3 outlook and brand licensing plans
• Positive Sentiment: The company plans to begin licensing the BARK Air brand on January 1, 2027, which could create a new source of revenue. BARK Q3 outlook and brand licensing plans
• Neutral Sentiment: Fiscal 2027 revenue guidance is $325 million to $340 million, a range that includes analysts’ $335.4 million estimate. However, its $332.5 million midpoint is below consensus. BARK Q2 2027 earnings call transcript
• Negative Sentiment: BARK reported a loss of $0.43 per share, narrowly missing analysts’ $0.42 loss estimate. The company also continues to report negative net margins and return on equity. BARK quarterly earnings results

Hedge Funds Weigh In On BARK

A hedge fund recently raised its position in BARK stock. Bank of America Corp DE raised its holdings in BARK, Inc. (NYSE:BARK) by 18.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 135,548 shares of the company’s stock after buying an additional 21,325 shares during the period. Bank of America Corp DE owned about 1.57% of BARK worth $69,000 as of its most recent SEC filing. Institutional investors and hedge funds own 28.76% of the company’s stock.

BARK Company Profile

BARK, Inc is a New York-based company focused on developing products, services and experiences for dogs and their owners. The company operates a digitally led, omnichannel business that combines subscription offerings, e-commerce and retail distribution.

Its brands and products include BARKBox, a subscription service offering themed boxes of toys and treats; Super Chewer, which provides more durable toys and treats; and BARK Bright, an oral-care line for dogs. BARK also sells toys, treats, food, beds, apparel and other dog-related products through its website, retail partners and other channels.

Founded in 2011, BARK serves customers primarily in the United States and has expanded its products through both direct-to-consumer and retail channels.