BARK, Inc. (NYSE:BARK) Stock Has Consensus Price Target of $15.33

Shares of BARK, Inc. (NYSE:BARK) have received a consensus rating of “Hold” from the five ratings firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $15.33.

BARK has been the subject of several recent research reports. Weiss Ratings lowered shares of BARK from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, October 26th. Wall Street Zen raised shares of BARK from a “sell” rating to a “hold” rating in a research note on Sunday, July 12th.

BARK Trading Up 11.6%

Shares of NYSE BARK opened at $9.33 on Friday. The stock has a market capitalization of $84.26 million, a PE ratio of -3.32 and a beta of 1.99. BARK has a twelve month low of $7.39 and a twelve month high of $19.80. The stock has a fifty day simple moving average of $8.62 and a 200-day simple moving average of $10.80.

BARK (NYSE:BARK) last announced its earnings results on Thursday, November 5th. The company reported ($0.43) EPS for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $87.50 million.

Hedge Funds Weigh In On BARK

A hedge fund recently raised its stake in BARK stock. Bank of America Corp DE lifted its stake in shares of BARK, Inc. (NYSE:BARK) by 18.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 135,548 shares of the company’s stock after acquiring an additional 21,325 shares during the quarter. Bank of America Corp DE owned 1.57% of BARK worth $69,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 28.76% of the company’s stock.

BARK News Summary

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

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.