- Splash Beverage Group, Inc. (SBEV, Financial) announces a significant 40-to-1 reverse stock split to streamline outstanding shares.
- Analysts predict a substantial potential upside for SBEV with a one-year target price of $40.00.
- GuruFocus estimates indicate an impressive forecasted rise to a GF Value of $14.86, expressing notable growth potential.
Splash Beverage Group, Inc. (SBEV) recently revealed a bold strategic move with a 40-to-1 reverse stock split. This maneuver, aimed at optimizing the number of outstanding shares, is designed to enhance the company's ability to engage in future acquisitions and potentially elevate the share value as Splash Beverage Group continues its expansion across its diverse portfolio of beverage brands.
Wall Street Analysts' Insights
Current analysis by one prominent Wall Street analyst sets the one-year price target for Splash Beverage Group Inc. (SBEV, Financial) at an average of $40.00, with both the high and low estimates anchored at $40.00. This forecast suggests a remarkable upside of 2,798.55% from the current stock price of $1.38. For more in-depth analyst projections, visit the Splash Beverage Group Inc (SBEV) Forecast page.
The average brokerage recommendation, derived from a consensus of one brokerage firm, currently rates Splash Beverage Group Inc. (SBEV, Financial) at 2.0, categorizing it as "Outperform." This rating operates on a scale where 1 indicates a Strong Buy, and 5 represents a Sell.
GuruFocus Valuation Outlook
According to GuruFocus estimates, the anticipated GF Value for Splash Beverage Group Inc. (SBEV, Financial) over the next year is projected at $14.86. This figure denotes an impressive upside of 976.81% from the current price of $1.38. The GF Value is GuruFocus' assessment of the stock's fair trading value, extrapolated from the stock's historical trading multiples, past business growth trajectories, and future performance projections. For comprehensive company data, explore the Splash Beverage Group Inc (SBEV) Summary page.
