Stock Price Prediction

SBEV stock is currently trading at $0.2120, reflecting a 21.5% drop in pre-market trading. Bulls may argue that the stock has potential upside due to its strategic focus on acquiring undervalued beverage brands and raising $7.9 million in funding during 2024. However, its financial struggles, including a sharp revenue decline and significant net losses, make it a speculative play at best.

SBEV stock is currently trading at $0.2120, reflecting a 21.5% drop in pre-market trading. The bearish view stems from its deteriorating financial performance, including a sharp decline in Q3 2024 revenue to $981,858 from $5.14 million YoY, and a net loss of $4.72 million. Additionally, the company faces liquidity challenges with rising liabilities, making its financial outlook precarious.

The market consensus for SBEV's revenue in the upcoming quarter is projected to be approximately $3.162M USD.