Edible Garden AG Earnings Call Balances Growth and Risk
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Globe Newswire (Wed, 1-Apr 9:09 AM ET)
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Edible Garden AG Inc is a next-generation controlled environment agriculture farming company. It uses traditional agricultural growing techniques together with technology to grow fresh, organic food, sustainably and safely while improving traceability. The company uses the controlled environment of traditional greenhouse structures, such as glass greenhouses together with hydroponic and vertical greenhouses to sustainably grow organic herbs and lettuces.
Edible Garden Ag trades on the NASDAQ stock market under the symbol EDBL.
As of April 9, 2026, EDBL stock price climbed to $1.11 with 188,722 million shares trading.
EDBL has a beta of 1.25, meaning it tends to be more sensitive to market movements. EDBL has a correlation of 0.03 to the broad based SPY ETF.
EDBL has a market cap of $819,924.00. This is considered a Sub-Micro Cap stock.
Last quarter Edible Garden Ag reported $4 million in Revenue and -$24.81 earnings per share. This fell short of revenue expectation by $-1 million and missed earnings estimates by -$19.21.
In the last 3 years, EDBL traded as high as $22,399.50 and as low as $.88.
The top ETF exchange traded funds that EDBL belongs to (by Net Assets): VXF.
EDBL has underperformed the market in the last year with a price return of -94.7% while the SPY ETF gained +38.4%. EDBL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -84.2% and -0.9%, respectively, while the SPY returned -1.1% and +3.5%, respectively.
EDBL support price is $.94 and resistance is $1.18 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EDBL shares will trade within this expected range on the day.