Barfresh Food Group Inc (BRFH)

NASDAQConsumer StaplesBeverages - Non-alcoholicSnapshot 2026-11-04

$0.46-15.21%

Close 2026-11-05 · 1-day change

Investment OutlookAs of Nov 4, 2026

What could strengthen or challenge Barfresh Food Group Inc’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

Comparable estimates unavailable

+10% or more+5%0%−5%−10% or less

Matching fiscal periods, usable estimates and at least one analyst are required.

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

The calculation requires same-period, same-provider snapshots, positive EPS, at least one analyst and a baseline within three days of the requested lookback.

Price, analyst earnings & P/E reference

The EPS and P/E reference is not available for BRFH yet.

Measure / period	Management expectations	Analyst expectations

Management figures unavailable.

Current consensus figures unavailable.

What the Thesis Depends On

Three published thesis conditions, with dated milestones shown separately.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
Achieve fiscal 2026 Adjusted EBITDA of $3.2M to $3.8M	Adjusted EBITDA target is $3.2 to $3.8 million.	Broken	Adjusted EBITDA falls below $3.2 million in FY26	Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated in 2 of 2 supplied quarters. Management reported: “The Company now expects fiscal year 2026 Adjusted EBITDA of negative $1.0 to 2.0 million.” “We are maintaining our fiscal 2026 revenue guidance of $28 to $32 million and Adjusted EBITDA guidance of $3.2 to $3.8 million, and we remain confident that fiscal 2026 will demonstrate the full power of the integrated model we are building.”” Delivery assessment Nov 4, 2026
Meet Q2 2026 revenue guidance of $5.2M to $5.6M	A supporting condition in Barfresh Food Group Inc's published investment case. The stated target is $5.2M to $5.6M.	Intact	Q2 revenue falls below $5.2 million	Revenue: $4.707M FY2026-Q2; GAAP. Published target: $5.2M to $5.6M. The target does not explicitly identify fiscal versus calendar quarters. Aug 14, 20264,707,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Achieve fiscal 2026 revenue of $28 to $32 million	A primary condition in Barfresh Food Group Inc's published investment case. The stated target is ~$30 million.	Broken	Revenue falls below $28 million in FY26	Revenue: $4.707M FY2026-Q2; GAAP. Published target: ~$30 million. Annual target cannot be compared with a quarterly or TTM observation. Aug 14, 20264,707,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPS$-0.07

$0.12 → $-0.07 · observed estimates

FY2027 revenue$0.03B

$0.03B → $0.03B · observed estimates

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	$0.12	$34,746,875	2 / 2
2026-07-25	$0.12	$34,746,875	2 / 2
2026-07-26	$0.12	$34,746,875	2 / 2
2026-07-27	$0.12	$34,746,875	2 / 2
2026-07-28	$0.12	$34,746,875	2 / 2
2026-07-29	$0.12	$34,747,000	2 / 2
2026-07-30	$0.12	$34,747,000	2 / 2
2026-07-31	$0.12	$34,747,000	2 / 2
2026-08-01	$0.12	$34,747,000	2 / 2
2026-08-02	$0.12	$34,747,000	2 / 2
2026-08-03	$0.12	$34,747,000	2 / 2
2026-08-04	$0.12	$34,747,000	2 / 2
2026-08-05	$0.12	$34,747,000	2 / 2
2026-08-06	$0.12	$34,747,000	2 / 2
2026-08-07	$0.12	$34,746,875	2 / 2
2026-08-08	$0.12	$34,747,000	2 / 2
2026-08-09	$0.12	$34,747,000	2 / 2
2026-08-10	$0.12	$34,747,000	2 / 2
2026-08-11	$0.12	$34,747,000	2 / 2
2026-08-12	$0.12	$34,747,000	2 / 2
2026-08-13	$0.12	$34,746,875	2 / 2
2026-08-14	$0.12	$34,746,875	2 / 2
2026-08-15	$0.12	$34,746,875	2 / 2
2026-08-16	$0.12	$34,746,875	2 / 2
2026-08-17	$0.12	$34,746,875	2 / 2
2026-08-18	$0.12	$34,746,875	2 / 2
2026-08-19	$0.12	$34,746,875	2 / 2
2026-08-20	$-0.07	$29,235,500	2 / 2
2026-08-21	$-0.07	$29,235,500	2 / 2
2026-08-22	$-0.07	$29,235,500	2 / 2
2026-08-23	$-0.07	$29,235,500	2 / 2
2026-08-24	$-0.07	$29,235,500	2 / 2
2026-08-25	$-0.07	$29,235,500	2 / 2
2026-08-26	$-0.07	$29,235,500	2 / 2
2026-08-27	$-0.07	$29,235,500	2 / 2
2026-08-28	$-0.07	$29,235,500	2 / 2
2026-08-29	$-0.07	$29,235,500	2 / 2
2026-08-30	$-0.07	$29,235,500	2 / 2
2026-08-31	$-0.07	$29,235,500	2 / 2
2026-09-01	$-0.07	$29,235,500	2 / 2
2026-09-02	$-0.07	$29,235,500	2 / 2
2026-09-03	$-0.07	$29,235,500	2 / 2
2026-09-04	$-0.07	$29,235,500	2 / 2
2026-09-05	$-0.07	$29,235,500	2 / 2
2026-09-06	$-0.07	$29,235,500	2 / 2
2026-09-07	$-0.07	$29,235,500	2 / 2
2026-09-08	$-0.07	$29,235,500	2 / 2
2026-09-09	$-0.07	$29,235,500	2 / 2
2026-09-10	$-0.07	$29,235,500	2 / 2
2026-09-11	$-0.07	$29,235,500	2 / 2
2026-09-12	$-0.07	$29,235,500	2 / 2
2026-09-13	$-0.07	$29,235,500	2 / 2
2026-09-14	$-0.07	$29,235,500	2 / 2
2026-09-15	$-0.07	$29,235,500	2 / 2
2026-09-16	$-0.07	$29,235,500	2 / 2
2026-09-17	$-0.07	$29,235,500	2 / 2
2026-09-18	$-0.07	$29,235,500	2 / 2
2026-09-19	$-0.07	$29,235,500	2 / 2
2026-09-20	$-0.07	$29,235,500	2 / 2
2026-09-21	$-0.07	$29,235,500	2 / 2
2026-09-22	$-0.07	$29,235,500	2 / 2
2026-09-23	$-0.07	$29,235,500	2 / 2
2026-09-24	$-0.07	$29,235,500	2 / 2
2026-09-25	$-0.07	$29,235,500	2 / 2
2026-09-26	$-0.07	$29,235,500	2 / 2
2026-09-27	$-0.07	$29,235,500	2 / 2
2026-09-28	$-0.07	$29,235,500	2 / 2
2026-09-29	$-0.07	$29,235,500	2 / 2
2026-09-30	$-0.07	$29,235,500	2 / 2
2026-10-01	$-0.07	$29,235,500	2 / 2
2026-10-02	$-0.07	$29,235,500	2 / 2
2026-10-03	$-0.07	$29,235,500	2 / 2
2026-10-04	$-0.07	$29,235,500	2 / 2
2026-10-05	$-0.07	$29,235,500	2 / 2
2026-10-06	$-0.07	$29,235,500	2 / 2
2026-10-07	$-0.07	$29,235,500	2 / 2
2026-10-08	$-0.07	$29,235,500	2 / 2
2026-10-09	$-0.07	$29,235,500	2 / 2
2026-10-10	$-0.07	$29,235,500	2 / 2
2026-10-11	$-0.07	$29,235,500	2 / 2
2026-10-12	$-0.07	$29,235,500	2 / 2
2026-10-13	$-0.07	$29,235,500	2 / 2
2026-10-14	$-0.07	$29,235,500	2 / 2
2026-10-15	$-0.07	$29,235,500	2 / 2
2026-10-16	$-0.07	$29,235,500	2 / 2
2026-10-17	$-0.07	$29,235,500	2 / 2
2026-10-18	$-0.07	$29,235,500	2 / 2
2026-10-19	$-0.07	$29,235,500	2 / 2
2026-10-20	$-0.07	$29,235,500	2 / 2
2026-10-21	$-0.07	$29,235,500	2 / 2
2026-10-22	$-0.07	$29,235,500	2 / 2
2026-10-23	$-0.07	$29,235,500	2 / 2
2026-10-24	$-0.07	$29,235,500	2 / 2
2026-10-25	$-0.07	$29,235,500	2 / 2
2026-10-26	$-0.07	$29,235,500	2 / 2
2026-10-27	$-0.07	$29,235,500	2 / 2
2026-10-28	$-0.07	$29,235,500	2 / 2
2026-10-29	$-0.07	$29,235,500	2 / 2
2026-10-30	$-0.07	$29,235,500	2 / 2
2026-10-31	$-0.07	$29,235,500	2 / 2
2026-11-01	$-0.07	$29,235,500	2 / 2
2026-11-02	$-0.07	$29,235,500	2 / 2
2026-11-03	$-0.07	$29,235,500	2 / 2
2026-11-04	$-0.07	$29,235,500	2 / 2

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold	Sell*
2026-06-01	2	0	0
2026-07-01	2	0	0
2026-08-01	2	0	0
2026-09-01	2	0	0
2026-10-01	2	0	0
2026-11-01	2	0	0

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 2 Buy / Strong Buy · 0 Hold · 0 Sell / Strong Sell

0 upgrades0 downgrades0 maintains

Recent actions · Oct 6–Nov 4 · 0 recorded

Price-target changes

30 days

Individual price-target observations are unavailable.

0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Achieve fiscal 2026 Adjusted EBITDA of $3.2M to $3.8MPublished status: Broken
Meet Q2 2026 revenue guidance of $5.2M to $5.6MRevenue: $4.707M
Achieve fiscal 2026 revenue of $28 to $32 millionPublished status: Broken

Next proof point

Nov 5, 2026

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

2.8%Typical daily move · historical

Downside history

-76.2%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

Barfresh Food Group Inc outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 31, 2026

What kind of bet this is

This is a high-risk, loss-making growth business with a cyclical exposure, not an established compounder. The long-term thesis is on watch: recent performance has been weak, though the signal has shifted from restrictive to cautious.

What's priced into Barfresh Food Group Inc

The valuation evidence points to BRFH being cheap versus peers, while the expectations gap is sharply negative. Confidence in that comparison is low, and the evidence labels pricing as justified rather than fragile.

What the fundamentals likely do

Near term, earnings execution remains uncertain after consecutive misses and lowered fiscal 2026 guidance. Management is focused on commissioning the Ohio facility by year-end and reaching second-half EBITDA breakeven, but recent quarterly losses and production inefficiencies show that progress is not yet established.

What Barfresh Food Group Inc hinges on

The favorable case depends on a guidance recovery and successful commissioning that improves production economics. The unfavorable case includes further execution problems or weaker employment data that heightens recession concerns; strength among large consumer staples companies could support the sector backdrop.

Bottom line

Over the next 1 to 3 years, BRFH’s thesis rests on turning planned capacity improvements and revenue growth into better margins and sustained progress toward breakeven. Until execution improves, the business remains high risk and the evidence supports a watch-level thesis. Not investment advice.

Development preview · refreshed Nov 5, 2026Open Living FV detail

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPS$-0.07

$0.12 → $-0.07 · observed estimates

FY2027 revenue$0.03B

$0.03B → $0.03B · observed estimates

Exact estimates & source dates

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	$0.12	$34,746,875	2 / 2
2026-07-25	$0.12	$34,746,875	2 / 2
2026-07-26	$0.12	$34,746,875	2 / 2
2026-07-27	$0.12	$34,746,875	2 / 2
2026-07-28	$0.12	$34,746,875	2 / 2
2026-07-29	$0.12	$34,747,000	2 / 2
2026-07-30	$0.12	$34,747,000	2 / 2
2026-07-31	$0.12	$34,747,000	2 / 2
2026-08-01	$0.12	$34,747,000	2 / 2
2026-08-02	$0.12	$34,747,000	2 / 2
2026-08-03	$0.12	$34,747,000	2 / 2
2026-08-04	$0.12	$34,747,000	2 / 2
2026-08-05	$0.12	$34,747,000	2 / 2
2026-08-06	$0.12	$34,747,000	2 / 2
2026-08-07	$0.12	$34,746,875	2 / 2
2026-08-08	$0.12	$34,747,000	2 / 2
2026-08-09	$0.12	$34,747,000	2 / 2
2026-08-10	$0.12	$34,747,000	2 / 2
2026-08-11	$0.12	$34,747,000	2 / 2
2026-08-12	$0.12	$34,747,000	2 / 2
2026-08-13	$0.12	$34,746,875	2 / 2
2026-08-14	$0.12	$34,746,875	2 / 2
2026-08-15	$0.12	$34,746,875	2 / 2
2026-08-16	$0.12	$34,746,875	2 / 2
2026-08-17	$0.12	$34,746,875	2 / 2
2026-08-18	$0.12	$34,746,875	2 / 2
2026-08-19	$0.12	$34,746,875	2 / 2
2026-08-20	$-0.07	$29,235,500	2 / 2
2026-08-21	$-0.07	$29,235,500	2 / 2
2026-08-22	$-0.07	$29,235,500	2 / 2
2026-08-23	$-0.07	$29,235,500	2 / 2
2026-08-24	$-0.07	$29,235,500	2 / 2
2026-08-25	$-0.07	$29,235,500	2 / 2
2026-08-26	$-0.07	$29,235,500	2 / 2
2026-08-27	$-0.07	$29,235,500	2 / 2
2026-08-28	$-0.07	$29,235,500	2 / 2
2026-08-29	$-0.07	$29,235,500	2 / 2
2026-08-30	$-0.07	$29,235,500	2 / 2
2026-08-31	$-0.07	$29,235,500	2 / 2
2026-09-01	$-0.07	$29,235,500	2 / 2
2026-09-02	$-0.07	$29,235,500	2 / 2
2026-09-03	$-0.07	$29,235,500	2 / 2
2026-09-04	$-0.07	$29,235,500	2 / 2
2026-09-05	$-0.07	$29,235,500	2 / 2
2026-09-06	$-0.07	$29,235,500	2 / 2
2026-09-07	$-0.07	$29,235,500	2 / 2
2026-09-08	$-0.07	$29,235,500	2 / 2
2026-09-09	$-0.07	$29,235,500	2 / 2
2026-09-10	$-0.07	$29,235,500	2 / 2
2026-09-11	$-0.07	$29,235,500	2 / 2
2026-09-12	$-0.07	$29,235,500	2 / 2
2026-09-13	$-0.07	$29,235,500	2 / 2
2026-09-14	$-0.07	$29,235,500	2 / 2
2026-09-15	$-0.07	$29,235,500	2 / 2
2026-09-16	$-0.07	$29,235,500	2 / 2
2026-09-17	$-0.07	$29,235,500	2 / 2
2026-09-18	$-0.07	$29,235,500	2 / 2
2026-09-19	$-0.07	$29,235,500	2 / 2
2026-09-20	$-0.07	$29,235,500	2 / 2
2026-09-21	$-0.07	$29,235,500	2 / 2
2026-09-22	$-0.07	$29,235,500	2 / 2
2026-09-23	$-0.07	$29,235,500	2 / 2
2026-09-24	$-0.07	$29,235,500	2 / 2
2026-09-25	$-0.07	$29,235,500	2 / 2
2026-09-26	$-0.07	$29,235,500	2 / 2
2026-09-27	$-0.07	$29,235,500	2 / 2
2026-09-28	$-0.07	$29,235,500	2 / 2
2026-09-29	$-0.07	$29,235,500	2 / 2
2026-09-30	$-0.07	$29,235,500	2 / 2
2026-10-01	$-0.07	$29,235,500	2 / 2
2026-10-02	$-0.07	$29,235,500	2 / 2
2026-10-03	$-0.07	$29,235,500	2 / 2
2026-10-04	$-0.07	$29,235,500	2 / 2
2026-10-05	$-0.07	$29,235,500	2 / 2
2026-10-06	$-0.07	$29,235,500	2 / 2
2026-10-07	$-0.07	$29,235,500	2 / 2
2026-10-08	$-0.07	$29,235,500	2 / 2
2026-10-09	$-0.07	$29,235,500	2 / 2
2026-10-10	$-0.07	$29,235,500	2 / 2
2026-10-11	$-0.07	$29,235,500	2 / 2
2026-10-12	$-0.07	$29,235,500	2 / 2
2026-10-13	$-0.07	$29,235,500	2 / 2
2026-10-14	$-0.07	$29,235,500	2 / 2
2026-10-15	$-0.07	$29,235,500	2 / 2
2026-10-16	$-0.07	$29,235,500	2 / 2
2026-10-17	$-0.07	$29,235,500	2 / 2
2026-10-18	$-0.07	$29,235,500	2 / 2
2026-10-19	$-0.07	$29,235,500	2 / 2
2026-10-20	$-0.07	$29,235,500	2 / 2
2026-10-21	$-0.07	$29,235,500	2 / 2
2026-10-22	$-0.07	$29,235,500	2 / 2
2026-10-23	$-0.07	$29,235,500	2 / 2
2026-10-24	$-0.07	$29,235,500	2 / 2
2026-10-25	$-0.07	$29,235,500	2 / 2
2026-10-26	$-0.07	$29,235,500	2 / 2
2026-10-27	$-0.07	$29,235,500	2 / 2
2026-10-28	$-0.07	$29,235,500	2 / 2
2026-10-29	$-0.07	$29,235,500	2 / 2
2026-10-30	$-0.07	$29,235,500	2 / 2
2026-10-31	$-0.07	$29,235,500	2 / 2
2026-11-01	$-0.07	$29,235,500	2 / 2
2026-11-02	$-0.07	$29,235,500	2 / 2
2026-11-03	$-0.07	$29,235,500	2 / 2
2026-11-04	$-0.07	$29,235,500	2 / 2

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings