Reed's Inc. Common Stock (REED)

FairStock Score: 27/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach Reed's as a Graham-style balance-sheet skeptic first. It sells natural sodas and ginger beers, but the filings show a business that has not earned a profit in the last four years, which is why the FairStock/Lynch classification is none. Revenue has shrunk from $44.7M in FY2023 to $38.0M in FY2024 to $34.1M in FY2025, while net losses were $15.5M, $13.2M, and $15.8M, respectively. In the latest filed quarter, fiscal Q2 2026 ended 2026-06-30, revenue was $7.5M and net income was -$4.3M, a -57.06% margin. That is not a moat; it is evidence of weak pricing power and scale economics.

In plain English: Reed's makes natural sodas and ginger beers. The business looks weak: it has lost money for years and sales have been falling. At $0.57 on October 13, 2026, the stock price is very low, but because the company still loses money and burns cash, it does not look clearly cheap based on its numbers.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer