William Blair Weighs in on BellRing Brands Q3 Earnings

BellRing Brands Inc. (NYSE:BRBR) – Equities researchers at William Blair issued their Q3 2026 earnings per share (EPS) estimates for BellRing Brands in a research report issued to clients and investors on Tuesday, November 18th. William Blair analyst J. Andersen forecasts that the company will post earnings per share of $0.49 for the quarter. The consensus estimate for BellRing Brands’ current full-year earnings is $2.23 per share. William Blair also issued estimates for BellRing Brands’ Q4 2026 earnings at $0.71 EPS and FY2027 earnings at $2.25 EPS.

Several other analysts also recently commented on the stock. JPMorgan Chase & Co. decreased their target price on shares of BellRing Brands from $52.00 to $45.00 and set an “overweight” rating for the company in a research report on Thursday, October 9th. UBS Group decreased their target price on BellRing Brands from $40.00 to $39.00 and set a “neutral” rating for the company in a research note on Wednesday, October 8th. Barclays decreased their price target on shares of BellRing Brands from $44.00 to $32.00 and set an “overweight” rating on the stock in a research report on Wednesday. Jefferies Financial Group reissued a “buy” rating and set a $48.00 price objective on shares of BellRing Brands in a report on Wednesday. Finally, Sanford C. Bernstein initiated coverage on shares of BellRing Brands in a research note on Thursday, October 23rd. They issued an “outperform” rating and a $46.00 target price on the stock. Eleven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $43.20.

BellRing Brands Price Performance

Shares of BRBR stock opened at $29.85 on Thursday. The firm has a market cap of $3.76 billion, a P/E ratio of 17.77, a PEG ratio of 3.91 and a beta of 0.70. The stock’s 50-day moving average is $32.71 and its two-hundred day moving average is $46.20. BellRing Brands has a fifty-two week low of $22.45 and a fifty-two week high of $80.67.

BellRing Brands (NYSE:BRBR) last posted its quarterly earnings results on Tuesday, November 18th. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.03). BellRing Brands had a negative return on equity of 95.87% and a net margin of 9.33%.The company had revenue of $648.20 million for the quarter, compared to analyst estimates of $633.21 million. During the same quarter in the prior year, the business posted $0.51 earnings per share. The business’s revenue for the quarter was up 16.6% compared to the same quarter last year. BellRing Brands has set its FY 2026 guidance at EPS.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Capital Research Global Investors bought a new position in BellRing Brands in the 3rd quarter valued at $172,312,000. Alyeska Investment Group L.P. acquired a new position in BellRing Brands during the third quarter valued at approximately $98,944,000. AQR Capital Management LLC increased its position in shares of BellRing Brands by 253.9% in the 3rd quarter. AQR Capital Management LLC now owns 3,748,812 shares of the company’s stock valued at $136,269,000 after buying an additional 2,689,664 shares in the last quarter. William Blair Investment Management LLC bought a new stake in shares of BellRing Brands in the second quarter worth about $124,777,000. Finally, Axiom Investors LLC DE increased its stake in BellRing Brands by 418.1% during the 1st quarter. Axiom Investors LLC DE now owns 2,248,924 shares of the company’s stock worth $167,455,000 after purchasing an additional 1,814,811 shares in the last quarter. Institutional investors own 94.97% of the company’s stock.

BellRing Brands announced that its Board of Directors has approved a share repurchase program on Tuesday, September 2nd that authorizes the company to buyback $400.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 7.7% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

About BellRing Brands

BellRing Brands, Inc, together with its subsidiaries, provides various nutrition products in the United States. The company offers ready-to-drink (RTD) protein shakes, other RTD beverages, powders, nutrition bars, and other products primarily under the Premier Protein and Dymatize brands. It distributes its products through club, food, drug, mass, eCommerce, specialty, and convenience channels.