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Reed's, Inc. (REED)

Consumer Defensive | Beverages - Non-Alcoholic | Norwalk, United States | NYSE American
1.07 USD -0.01 (-0.926%) ⇩ (July 13, 2026, 3:54 p.m. EDT)
After hours: 1.07

Short-term:⯪☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 3:50 a.m. EDT

The investment case for this beverage company has collapsed entirely. Fundamentally, the business is bleeding cash with negative operating margins of nearly 87%, negative free cash flow, and a return on equity of -550%. The market has already priced in a severe crisis, evidenced by a 99% drop in share price over the last nine years and four consecutive years of declining revenue. Recent headlines confirm the deterioration: the company missed earnings estimates significantly, reported wider-than-expected losses, and is undergoing major restructuring including a CEO departure and a capital raise to stay afloat. While the stock recently moved up slightly due to a public offering and an exchange listing, this is a distress financing event, not a turnaround signal. With no dividend to provide income and a balance sheet showing debt significantly exceeding cash, there is no margin of safety here. The short-term outlook remains precarious as the company navigates these structural changes, and the long-term prospects are obscured by the depth of the decline and the lack of sustainable profitability.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.655836
AutoARIMA0.679968
AutoETS0.679970
AutoTheta0.839934

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 29%
H-stat 6.11
Ljung-Box p 0.000
Jarque-Bera p 0.105
Excess Kurtosis -0.32
Attribute Value
Sector Consumer Defensive
Debt to Equity Ratio 372.845
Revenue per Share 3.329
Market Cap 12,687,083
Forward P/E -0.95
Beta 0.22
Profit Margins -65.03%
Website https://drinkreeds.com

Info Dump

Attribute Value
52 Week Change -0.82
Address1 501 Merritt 7 Corporate Park
All Time High 3,196.481
All Time Low 1.03
Ask 0.0
Ask Size 100
Average Daily Volume10 Day 34,980
Average Daily Volume3 Month 30,252
Average Volume 30,252
Average Volume10Days 34,980
Beta 0.224
Bid 0.0
Bid Size 1,200
Book Value 0.22
City Norwalk
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 1.07
Current Ratio 1.109
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 1.1372
Day Low 1.06
Debt To Equity 372.845
Display Name Reed's
Earnings Call Timestamp End 1,747,225,800
Earnings Call Timestamp Start 1,747,225,800
Earnings Timestamp End 1,755,201,600
Earnings Timestamp Start 1,755,201,600
Ebitda -17,459,000
Ebitda Margins -0.55998003
Enterprise To Ebitda -1.045
Enterprise To Revenue 0.585
Enterprise Value 18,238,082
Eps Forward -1.13
Eps Trailing Twelve Months -2.17
Esg Populated 0
Exchange ASE
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1.902
Fifty Day Average Change -0.8319999
Fifty Day Average Change Percent -0.43743423
Fifty Two Week Change Percent -82.0
Fifty Two Week High 12.0
Fifty Two Week High Change -10.93
Fifty Two Week High Change Percent -0.91083336
Fifty Two Week Low 1.03
Fifty Two Week Low Change 0.04000008
Fifty Two Week Low Change Percent 0.03883503
Fifty Two Week Range 1.03 - 12.0
Financial Currency USD
First Trade Date Milliseconds 1,167,402,600,000
Float Shares 3,693,838
Forward Eps -1.13
Forward P E -0.9469027
Free Cashflow -9,315,375
Full Exchange Name NYSE American
Full Time Employees 44
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.2011
Gross Profits 6,270,000
Has Pre Post Market Data 1
Held Percent Insiders 0.54077
Held Percent Institutions 0.08525
Implied Shares Outstanding 11,857,086
Industry Beverages - Non-Alcoholic
Industry Disp Beverages - Non - Alcoholic
Industry Key beverages-non-alcoholic
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,762,128,000
Last Split Factor 1:6
Long Business Summary Reed's, Inc. engages in the manufacture and distribution of natural beverages in the United States and the Asia-Pacific region. The company offers reed's craft ginger beer; reed's real ginger ales; reed's ready to drink; reed's functional soda; flying cauldron soda; and virgil's handcrafted sodas. It sells its products to natural food and gourmet retailers, grocery store chains, mass merchants, club stores, convenience and drug stores, liquor stores, industrial cafeterias, and on-premise bars and restaurants, as well as directly to consumers through its website, Amazon, and third party e-commerce retailers; and Reed's and Virgil's brand names. The company was formerly known as Original Beverage Corporation and changed its name to Reed's, Inc. in 2001. Reed's, Inc. was founded in 1987 and is headquartered in Norwalk, Connecticut.
Long Name Reed's, Inc.
Market us_market
Market Cap 12,687,083
Market State PREPRE
Max Age 86,400
Message Board Id finmb_3562450
Most Recent Quarter 1,774,915,200
Net Income To Common -20,280,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 12,805,652
Open 1.15
Operating Cashflow -17,519,000
Operating Margins -0.8702
Payout Ratio 0.0
Phone 800 997 3337
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 1.07
Post Market Time 1,783,980,253
Previous Close 1.08
Price Hint 4
Price To Book 4.8636365
Price To Sales Trailing12 Months 0.40692422
Profit Margins -0.65029997
Quick Ratio 0.493
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.00999999
Regular Market Change Percent -0.925925
Regular Market Day High 1.1372
Regular Market Day Low 1.06
Regular Market Day Range 1.06 - 1.1372
Regular Market Open 1.15
Regular Market Previous Close 1.08
Regular Market Price 1.07
Regular Market Time 1,783,972,457
Regular Market Volume 7,178
Return On Assets -0.50943
Return On Equity -5.51251
Revenue Growth -0.288
Revenue Per Share 3.329
Sand P52 Week Change 0.20847368
Sector Consumer Defensive
Sector Disp Consumer Defensive
Sector Key consumer-defensive
Shares Outstanding 11,857,086
Shares Percent Shares Out 0.0039
Shares Short 46,752
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 36,388
Short Name Reed's, Inc.
Short Percent Of Float 0.0082
Short Ratio 1.85
Source Interval 15
State CT
Symbol REED
Total Cash 4,580,000
Total Cash Per Share 0.386
Total Debt 10,037,000
Total Revenue 31,178,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -2.17
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 3.69795
Two Hundred Day Average Change -2.6279497
Two Hundred Day Average Change Percent -0.71065044
Type Disp Equity
Volume 7,178
Website https://drinkreeds.com
Zip 6,851