Blue Apron (APRN) Stock Price, News & Analysis

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 rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" APRN shares.
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1 Wall Street analysts have issued 12 month price targets for Blue Apron's shares. Their APRN share price targets range from $13.00 to $17.00. On average, they expect the company's stock price to reach $15.00 in the next year. This suggests a possible upside of 15.5% from the stock's current price.
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Blue Apron Holdings, Inc. (NYSE:APRN) announced its quarterly earnings results on Monday, November, 8th. The company reported ($14.04) earnings per share for the quarter, missing the consensus estimate of ($6.96) by $7.08. The firm earned $109.65 million during the quarter. Blue Apron had a negative trailing twelve-month return on equity of 919.86% and a negative net margin of 26.13%.

Shares of Blue Apron reverse split before market open on Thursday, June 8th 2023. The 1-12 reverse split was announced on Thursday, June 8th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, June 8th 2023. An investor that had 100 shares of stock prior to the reverse split would have 8 shares after the split.

16 employees have rated Blue Apron Chief Executive Officer Linda Kozlowski on Glassdoor.com. Linda Kozlowski has an approval rating of 78% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Blue Apron investors own include Tesla (TSLA), Advanced Micro Devices (AMD), NVIDIA (NVDA), Pfizer (PFE), AT&T (T), Micron Technology (MU), Netflix (NFLX), General Electric (GE), Roku (ROKU) and Bank of America (BAC).

Blue Apron (APRN) raised $480 million in an IPO on Thursday, June 29th 2017. The company issued 30,000,000 shares at $15.00-$17.00 per share. Goldman Sachs, Morgan Stanley, Citigroup and Barclays served as the underwriters for the IPO and RBC Capital Markets, SunTrust Robinson Humphrey, Stifel, Canaccord Genuity, Needham, Oppenheimer, Raymond James and William Blair were co-managers.