Grove Collaborative (NYSE:GROV) Announces Earnings Results

Grove Collaborative (NYSE:GROV) posted its earnings results on Thursday. The company reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.04, FiscalAI reports. The firm had revenue of $42.41 million during the quarter, compared to analyst estimates of $42.86 million.

Here are the key takeaways from Grove Collaborative’s conference call:

• The e-commerce platform migration caused significant customer disruption and churn — active customers fell to 599,000 (down 13% year-over-year) and DTC total orders were 539,000 (down 25% year-over-year), pressuring revenue and repeat behavior.
• Grove returned to positive adjusted EBITDA in Q4 ($1.6M) and achieved break-even operating cash flow, while a November reduction-in-force is expected to save about $5M annually, supporting near-term liquidity.
• Management rolled out customer-focused fixes — the Grove Green Rewards loyalty program, a rebuilt custom mobile app, planned subscription improvements, and planned dropship capabilities — aimed at reactivating lapsed customers and enabling a measured ad spend increase.
• Full-year 2026 guidance is cautious: net revenue of approximately $140M–$150M (below 2025’s $173.7M) and adjusted EBITDA around breakeven, with Q1 expected as the revenue trough and advertising to be scaled only as CX stabilizes.

Grove Collaborative Trading Up 0.6%

NYSE:GROV opened at $1.33 on Friday. The firm has a market cap of $54.94 million, a price-to-earnings ratio of -2.14 and a beta of 1.22. Grove Collaborative has a 12-month low of $1.02 and a 12-month high of $1.84. The company’s 50-day moving average is $1.36 and its two-hundred day moving average is $1.40.

Institutional Investors Weigh In On Grove Collaborative

An institutional investor recently raised its position in Grove Collaborative stock. Susquehanna International Group LLP lifted its position in Grove Collaborative Holdings, Inc. (NYSE:GROV) by 371.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 67,637 shares of the company’s stock after buying an additional 53,283 shares during the quarter. Susquehanna International Group LLP owned about 0.16% of Grove Collaborative worth $101,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 91.64% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on GROV shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Grove Collaborative in a research report on Monday, December 22nd. Canaccord Genuity Group boosted their price target on Grove Collaborative from $1.50 to $2.00 and gave the company a “buy” rating in a research report on Tuesday, November 11th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $1.60.

Grove Collaborative Company Profile

Grove Collaborative is a direct-to-consumer digital marketplace offering a broad assortment of sustainable home and personal care products. Operating as a public benefit corporation, the company provides an online platform designed to simplify the shopping experience for eco-friendly essentials, including cleaning supplies, personal care items, baby and family products, wellness goods and pet care.

The company’s business model centers on a subscription-based delivery service that enables members to schedule regular shipments of both third-party and private-label products.