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Reed's, Inc.. (REED) Stock Fundamental Analysis & AI Rating 2026

REED NYSE Bottled & Canned Soft Drinks & Carbonated Waters DE CIK: 0001140215
Updated This Month • Analysis: Apr 8, 2026 • SEC Data: 2025-12-31
Combined AI Rating
STRONG SELL
88% Confidence
STRONG AGREEMENT
STRONG SELL
97% Conf
STRONG SELL
80% Conf

📊 REED Key Takeaways

Revenue: $34.1M
Net Margin: -46.5%
Free Cash Flow: $-17.3M
Current Ratio: 1.60x
Debt/Equity: 1.12x
EPS: $-1.91
AI Rating: STRONG SELL with 97% confidence
Reed's, Inc.. (REED) receives a STRONG SELL rating with 88% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $34.1M, net profit margin of -46.5%, and return on equity (ROE) of -173.1%, Reed's, Inc.. demonstrates mixed fundamentals in the Market sector. Below is our complete REED stock analysis for 2026.

Is Reed's, Inc.. (REED) a Good Investment?

Claude

Reed's is in acute financial distress with accelerating cash burn (-$17.3M FCF) against minimal cash runway (~7 months at current burn rate). The company is structurally unprofitable (negative 46.5% net margin), generating negative operating cash flow, and heavily leveraged (1.12x Debt/Equity) with declining revenue (-10.2% YoY), making near-term solvency a material risk.

ChatGPT

Fundamentals are severely challenged: double‑digit revenue decline, thin 20% gross margin, and deep operating losses driving large negative free cash flow with negative interest coverage. Liquidity is only a short‑term cushion; without a rapid turnaround, the current burn and leverage imply elevated dilution or restructuring risk.

Why Buy Reed's, Inc.. Stock? REED Key Strengths

Claude
  • + Current ratio of 1.60x provides near-term liquidity cushion
  • + Thin absolute debt level ($10.2M) could be refinanced or restructured
  • + Strong brand heritage in natural beverage segment with potential repositioning value
ChatGPT
  • + $10.42M cash and 1.60x current ratio provide short-term liquidity
  • + Low capex needs (~$0.27M) limit fixed investment requirements
  • + Positive gross margin (20.4%) offers theoretical path to breakeven if overhead is reduced

REED Stock Risks: Reed's, Inc.. Investment Risks

Claude
  • ! Critical cash runway: $10.4M cash with $17M+ annual burn rate creates insolvency risk within 12 months
  • ! Structural unprofitability: negative 44.5% operating margin indicates core business model is broken
  • ! Negative free cash flow ($17.3M) prevents debt service and growth investment, forcing refinancing or dilutive capital raises
  • ! Revenue contraction (-10.2% YoY) combined with weak 20.4% gross margins suggests lost competitive position
  • ! High leverage (1.12x Debt/Equity) limits financial flexibility during distress
ChatGPT
  • ! Sustained operating losses and heavy cash burn (-$17.31M FCF, -50.8% margin)
  • ! Negative interest coverage and leverage (Debt/Equity 1.12x) elevate solvency risk
  • ! Revenue contraction (-10.2% YoY) suggests demand and/or distribution headwinds

Key Metrics to Watch

Claude
  • * Operating cash flow burn rate and cash runway months remaining
  • * Quarterly revenue trend to confirm if decline stabilizes or accelerates
  • * Debt covenant compliance and refinancing timeline
  • * Gross margin trajectory to assess pricing power and cost structure viability
ChatGPT
  • * Operating cash flow (quarterly)
  • * Gross margin percentage

Reed's, Inc.. (REED) Financial Metrics & Key Ratios

Revenue
$34.1M
Net Income
$-15.8M
EPS (Diluted)
$-1.91
Free Cash Flow
$-17.3M
Total Assets
$23.3M
Cash Position
$10.4M

💡 AI Analyst Insight

Reed's, Inc.. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

REED Profit Margin, ROE & Profitability Analysis

Gross Margin 20.4%
Operating Margin -44.5%
Net Margin -46.5%
ROE -173.1%
ROA -67.9%
FCF Margin -50.8%

REED vs Market Sector: How Reed's, Inc.. Compares

How Reed's, Inc.. compares to Market sector averages

Net Margin
REED -46.5%
vs
Sector Avg 12.0%
REED Sector
ROE
REED -173.1%
vs
Sector Avg 15.0%
REED Sector
Current Ratio
REED 1.6x
vs
Sector Avg 1.8x
REED Sector
Debt/Equity
REED 1.1x
vs
Sector Avg 0.7x
REED Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Reed's, Inc.. Stock Overvalued? REED Valuation Analysis 2026

Based on fundamental analysis, Reed's, Inc.. shows some fundamental concerns relative to the Market sector in 2026.

Return on Equity
-173.1%
Sector avg: 15%
Net Profit Margin
-46.5%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.12x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Reed's, Inc.. Balance Sheet: REED Debt, Cash & Liquidity

Current Ratio
1.60x
Quick Ratio
1.00x
Debt/Equity
1.12x
Debt/Assets
60.8%
Interest Coverage
-13.67x
Long-term Debt
$10.3M

REED Revenue & Earnings Growth: 5-Year Financial Trend

REED 5-year financial data: Year 2021: Revenue $49.6M, Net Income -$10.2M, EPS N/A. Year 2022: Revenue $53.0M, Net Income -$16.4M, EPS N/A. Year 2023: Revenue $53.0M, Net Income -$20.1M, EPS $-9.07. Year 2024: Revenue $44.7M, Net Income -$15.5M, EPS $-4.39. Year 2025: Revenue $38.0M, Net Income -$13.2M, EPS $-9.81.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Reed's, Inc..'s revenue has declined by 23% over the 5-year period, indicating business contraction. The most recent EPS of $-9.81 indicates the company is currently unprofitable.

REED Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-50.8%
Free cash flow / Revenue

REED Quarterly Earnings & Performance

Quarterly financial performance data for Reed's, Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $6.8M -$4.0M $-0.48
Q2 2025 $9.5M -$3.2M $-0.13
Q1 2025 $9.6M -$1.7M $-0.04
Q3 2024 $6.8M -$1.4M $-0.34
Q2 2024 $10.0M -$3.1M $-0.77
Q1 2024 $9.6M -$1.7M $-0.40
Q3 2023 $11.9M -$1.4M $-0.34
Q2 2023 $10.0M -$3.1M $-0.99

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Reed's, Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$17.0M
Cash generated from operations
Stock Buybacks
$1.0K
Shares repurchased (TTM)
Capital Expenditures
$272.0K
Investment in assets
Dividends
None
No dividend program

REED SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Reed's, Inc.. (CIK: 0001140215)

📋 Recent SEC Filings

Date Form Document Action
Apr 8, 2026 8-K form8-k.htm View →
Mar 27, 2026 8-K form8-k.htm View →
Mar 25, 2026 10-K form10-k.htm View →
Mar 24, 2026 8-K form8-k.htm View →
Dec 29, 2025 8-K form8-k.htm View →

Frequently Asked Questions about REED

What is the AI rating for REED?

Reed's, Inc.. (REED) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 88% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are REED's key strengths?

Claude: Current ratio of 1.60x provides near-term liquidity cushion. Thin absolute debt level ($10.2M) could be refinanced or restructured. ChatGPT: $10.42M cash and 1.60x current ratio provide short-term liquidity. Low capex needs (~$0.27M) limit fixed investment requirements.

What are the risks of investing in REED?

Claude: Critical cash runway: $10.4M cash with $17M+ annual burn rate creates insolvency risk within 12 months. Structural unprofitability: negative 44.5% operating margin indicates core business model is broken. ChatGPT: Sustained operating losses and heavy cash burn (-$17.31M FCF, -50.8% margin). Negative interest coverage and leverage (Debt/Equity 1.12x) elevate solvency risk.

What is REED's revenue and growth?

Reed's, Inc.. reported revenue of $34.1M.

Does REED pay dividends?

Reed's, Inc.. does not currently pay dividends.

Where can I find REED SEC filings?

Official SEC filings for Reed's, Inc.. (CIK: 0001140215) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is REED's EPS?

Reed's, Inc.. has a diluted EPS of $-1.91.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is REED a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Reed's, Inc.. has a STRONG SELL rating with 88% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is REED stock overvalued or undervalued?

Valuation metrics for REED: ROE of -173.1% (sector avg: 15%), net margin of -46.5% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy REED stock in 2026?

Our dual AI analysis gives Reed's, Inc.. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is REED's free cash flow?

Reed's, Inc..'s operating cash flow is $-17.0M, with capital expenditures of $272.0K. FCF margin is -50.8%.

How does REED compare to other Market stocks?

Vs Default sector averages: Net margin -46.5% (avg: 12%), ROE -173.1% (avg: 15%), current ratio 1.60 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 8, 2026 | Data as of: 2025-12-31 | Powered by Claude AI