Blue Apron priced a public offering of 4.7 million Class A common shares at $4.25 each, or a total $20 million. The stock is lower. Shares of Blue Apron Holdings Inc. tanked more than 12% in the extended session Tuesday after the company said it is planning to tap equity markets, without disclosing more.
Full Answer
What is Blue Apron's stock price targets for next year?
On average, they anticipate Blue Apron's stock price to reach $22.51 in the next year. This suggests a possible upside of 200.1% from the stock's current price. View Analyst Price Targets for Blue Apron.
Is Blue Apron stock headed for 443% upside?
The price target implies a 443% upside to the January 19 closing price of $7.36. "There are hundreds of meal kit reviews online, and Blue Apron is always at the top of the list on food quality, price, and ease of use," Citron said.
What if Amazon bought Blue Apron?
Such an acquisition will make grocery delivery cheaper and easier for millions of Americans, which will inevitably cut into Blue Apron’s bottom line. Amazon can launch their own version of Blue Apron.
How does Blue Apron hype-based prediction predict the value of holdings?
Using Blue Apron hype-based prediction, you can estimate the value of Blue Apron Holdings from the perspective of Blue Apron response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Blue Apron using Blue Apron's options and short interest.
Is blue apron stock a good buy?
Blue Apron has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
How is blue apron stock fared?
Blue Apron's stock has shed 38.8% over the past 12 months, while the S&P 500 index SPX, -0.88% has rallied 15.5%. After a rough start to its public life, with the stock losing more than half its value just six months after it started trading in June 2017, the company has been in turnaround mode for years.
Who owns blue apron?
Institutional investors purchased a net $1.0 million shares of APRN during the quarter ended June 2019....Top 10 Owners of Blue Apron Holdings Inc.StockholderThe Vanguard Group, Inc.Stake2.51%Shares owned862,018Total value ($)2,844,659Shares bought / sold+225,5689 more columns
Is Blue Apron a public company and how has its stock fared?
On June 29, 2017, Blue Apron had its initial public offering of 30 million shares of class A common stock (ticker APRN) priced at $10 per share; it is the first U.S. meal-kit company to go public. Since going public, Wall Street has cut Blue Apron's stock price in half.
Does Amazon own Blue Apron?
Quick recap: Salzberg and two co-founders launched Blue Apron in 2012, and grew it to a $2.2 billion valuation before going public in July 2017--just as Amazon bought Whole Foods. Soon, Blue Apron's stock tanked.
How is Blue Apron doing financially?
Net revenue increased 2% year-over-year to $470.4 million from $460.6 million in 2020, primarily due to improvements in key customer metrics such as Average Order Value and Average Revenue per Customer, which reflect the continued execution of the company's growth strategy, including through product innovation and ...
Why is Blue Apron failing?
The decline in its customer base and net sales was in line with expectations and reflects a return to a more normalized environment in which consumers can go out to eat more freely, said Blue Apron CEO Linda Findley Kozlowski, who add that the company has been monitoring customer behavior by geographic region ...
How many shares does Blue Apron have?
Share StatisticsAvg Vol (3 month) 32.74MShares Outstanding 534.37MImplied Shares Outstanding 6N/AFloat 815.27M% Held by Insiders 149.15%7 more rows
Is Blue Apron still a thing?
Blue Apron will keep, for now, its California and New York assembly-and-distribution shops, while leaders ponder peddling what's left at a paltry $50 million price tag. Meanwhile, customers continue to desert Blue Apron, down to 351,000 in the last quarter of 2019, from 557,000 the year before.
How many customers does Blue Apron have?
In the U.S. alone, the only country where Blue Apron operates, HelloFresh has approximately 3.5 million active subscribers....Number of active subscribers of HelloFresh and Blue Apron from 2016 to 2021 (in millions)CharacteristicHelloFreshBlue Apron*---------3 more rows•Mar 4, 2022
How many employees does Blue Apron have?
4000 employeesBlue Apron was founded in 2012 and its current CEO is Linda Kozlowski. Since its inception 10 years ago, Blue Apron has grown to 4000 employees.
Who owns HelloFresh?
HelloFreshRocket InternetHelloFresh/Parent organizations
Should I buy or sell Blue Apron stock right now?
1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Blue Apron in the last year. There are currently 1 buy r...
What is Blue Apron's stock price forecast for 2022?
1 Wall Street research analysts have issued 1-year target prices for Blue Apron's stock. Their forecasts range from $10.00 to $10.00. On average, t...
How has Blue Apron's stock performed in 2022?
Blue Apron's stock was trading at $6.73 on January 1st, 2022. Since then, APRN shares have decreased by 60.9% and is now trading at $2.63. View th...
When is Blue Apron's next earnings date?
Blue Apron is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022. View our earnings forecast for Blue Apron .
How were Blue Apron's earnings last quarter?
Blue Apron Holdings, Inc. (NYSE:APRN) announced its quarterly earnings results on Monday, May, 9th. The company reported ($1.17) EPS for the quarte...
When did Blue Apron's stock split? How did Blue Apron's stock split work?
Blue Apron shares reverse split on the morning of Monday, June 17th 2019. The 1-15 reverse split was announced on Thursday, June 13th 2019. The num...
Who are Blue Apron's key executives?
Blue Apron's management team includes the following people: Ms. Linda Findley Kozlowski , Pres, CEO & Director (Age 48, Pay $710.27k) Ms. Matthe...
What is Linda Kozlowski's approval rating as Blue Apron's CEO?
16 employees have rated Blue Apron CEO Linda Kozlowski on Glassdoor.com . Linda Kozlowski has an approval rating of 78% among Blue Apron's employees.
Who are some of Blue Apron's key competitors?
Some companies that are related to Blue Apron include Velocity Acquisition (VELO) , D-Market Elektronik Hizmetler ve Ticaret A.S. (HEPS) , Hones...
Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, February 23, 2022, and so far it has risen 8.13%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development.
Support, Risk & Stop-loss
Blue Apron Inc finds support from accumulated volume at $5.40 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Is Blue Apron Inc stock A Buy?
Blue Apron Inc holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Insiders are very positive buying more shares than they are selling in Blue Apron Inc
In the last 100 trades there were 12.41 million shares bought and 1.45 million shares sold. The last trade was done 13 days ago by Sanberg Joseph N. who bough 1 shares. The large amount of stocks bought compared to stocks sold indicate that the insiders believe there is a potential good upside.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.
How many shares of Blue Apron stock are there after the split?
An investor that had 100 shares of Blue Apron stock prior to the reverse split would have 7 shares after the split.
How much does Blue Apron make?
Blue Apron has a market capitalization of $90.13 million and generates $460.61 million in revenue each year. The company earns $-46,150,000.00 in net income (profit) each year or ($3.06) on an earnings per share basis.
When will Blue Apron release results?
NEW YORK, July 13, 2021--Blue Apron Holdings, Inc. (NYSE: APRN) announced today that it will release its second quarter 2021 financial results prior to the opening of the U.S. financial markets on Tuesday, August 3, 2021.
What is Blue Apron's new partnership?
Blue Apron Creates Pass the Love Boxes in Collaboration with Partnership for a Healthier America. NEW YORK, July 19, 2021--In collaboration with Partnership for a Healthier America (PHA), Blue Apron (NYSE: APRN) is launching Pass the Love boxes, a limited-time offering to help make the ritual of home cooking more accessible.
Is Blue Apron profitable?
Blue Apron Couldn't Become Profitable During Pandemic Boom; Now Sales Are Set to Slow. Blue Apron (NYSE: APRN) benefited from the increase in people eating at home during the pandemic, as services that delivered food to your door became almost a necessity and less of a luxury.
Is Blue Apron underwritten?
NEW YORK, Jun 15, 2021--Blue Apron Holdings, Inc. (NYSE: APR N) today announced that it has commenced an underwritten public offering of shares of its Class A common stock. Blue Apron intends to grant the underwriter a 30-day option to purchase up to an additional 15% of the shares of its Class A common stock to be sold in the offering.
Why should I not buy Blue Apron?
In that case, they are not buying Blue Apron because the equity is a good investment, but because they need to do something to avoid the feeling of missing out.
Does Blue Apron have a cover story?
The number of cover stories for Blue Apron depends on current market conditions and Blue Apron's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Blue Apron is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Blue Apron's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
The meal kit maker's business is gradually stabilizing
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Blue Apron's post-pandemic guidance
Blue Apron could face tough year-over-year comparisons in the second half of 2021 as the pandemic-related tailwinds fade away. But for the full year, the company still expects to generate "single-digit to low double-digit" revenue growth with accelerating growth in the second half.
When did Blue Apron go public?
After months of hype and speculation, Blue Apron finally went public on June 29. The meal kit delivery service started selling shares of their stock to willing investors at the low price of $10 per share. The newly public company will use the millions made to expand their business and cut costs.
Has Blue Apron stock increased?
Since the stock’s launch on June 29th, Blue Apron’s stock ( $APRN) hasn’t rapidly increased in value as most tech-oriented stocks do. In fact, it hasn’t increased in value at all. Rather, it fell by an astonishing 10%.
Is Blue Apron stock profitable?
This is mainly due to lack of demand in the stock, which itself stems from a variety of reasons: Blue Apron isn’t profitable.
Is Blue Apron a profitable company?
Blue Apron isn’t profitable. The company has yet to consistently turn a profit, and are losing money each quarter. Though this is relatively normal for a new, tech-focused stock, other recently launched stocks like Snapchat face the same issue.