After Bark (BARK) reported preliminary Q3 revenue of $126.4M, slightly ahead of consensus and at the high end of the $123M-$126M guidance range, and left FY25 guidance unchanged, Lake Street analyst Ryan Meyers said the preliminary results strengthen the firm’s view of Bark as a top idea headed into 2025. The firm, which thinks there is “significant room for multiple expansion,” reiterates a Buy rating and $3 price target on Bark shares.
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Read More on BARK:
- Correction: Bark backs FY25 revenue view $490M-$500M, consensus $496.1M
- Bark backs FY25 revenue view $490M-$500M, consensus $496.1M
- Bark backs FY25 revenue view $490M-$500M, consensus $545.7M
- Bark reports preliminary Q4 revenue $126.4M consensus $124.76M
- Bark price target raised to $2.50 from $2 at Citi
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