Oppenheimer starts Benson Hill at Outperform citing protein consumption trends » 16:3212/0812/08/21
Oppenheimer analyst Kristen Owen initiated coverage of Benson Hill with an Outperform rating and $9 price target. The analyst notes that Benson Hill seeks to "deliver higher value for producers through de-commoditization," starting with yellow pea and ultra-high-protein soybeans, and believes that the company, levered to protein consumption trends, "can be an important supplier in the rapidly expanding plant- based meat category."
Benson Hill initiated with an Outperform at Oppenheimer » 16:1312/0812/08/21
Oppenheimer analyst Kristen Owen initiated coverage of Benson Hill with an Outperform rating and $9 price target.
|Over a week ago|
Benson Hill initiated with a Neutral at Goldman Sachs » 05:0011/2311/23/21
Goldman Sachs analyst…
Goldman Sachs analyst Adam Samuelson initiated coverage of Benson Hill with a Neutral rating and $9 price target. . Benson Hill is a food technology company seeking to leverage gene editing and predictive breeding to develop food ingredients, with a short-term focus on soy-based protein, Samuelson tells investors in a research note. The analyst believes the company's underlying technology has merit but says its pathway for it to achieve scale and its target of $1.5B of sales by 2027 "remains uncertain until visibility improves."
Roth Capital to hold a virtual event » 08:4111/1611/16/21
XXII, AGCO, AGRI, AGFY, ALF, BHIL, BIOX, PRTS, CEVA, DNA, FALC, NVEE, PERI, PCT, SANW, SMSI, HCKT, VERB, TRNS, LTRX, MCHX, CLXT, IACB, GOGO
10th Annual Technology…
10th Annual Technology & Inaugural AgTech Virtual Event to be held on November 16-18.Webcast Link
Benson Hill reports Q3 EPS (29c), one estimate (16c) » 07:3011/1511/15/21
Reports Q3 revenue $32M…
Reports Q3 revenue $32M vs $28.202M last year. "There is a sense of urgency today to move beyond the current commodity food system to meet the growing consumer demand for better food choices," said Matt Crisp, Chief Executive Officer of Benson Hill. "The team at Benson Hill embraces this challenge through a novel combination of CropOS and an integrated go-to-market approach. We believe we can unlock the natural genetic diversity of plants to create more nutritious, sustainable, and affordable food, feed and ingredient options. Now is the time for bold action to take advantage of a tremendous opportunity in the plant-based protein market." Crisp continued, "In the third quarter, we continued to see strong year-over-year revenue growth, particularly in our Ingredients segment, and we are on track to meet or exceed our 2021 revenue guidance of $127 million. The harvesting of our proprietary soybean crop for this year is nearing completion, and farmers are committing now to plant our Ultra-High Protein soybean acres for the 2022 planting season. In addition, we recently achieved two milestones in the execution of our strategy with the opening of our Crop Accelerator and the startup of our recently acquired Indiana-based soy crush facility. Our momentum continues, and we believe we are positioned to create significant value for our shareholders as the 'picks and shovels' in the rapidly growing plant-based food revolution."
|Over a month ago|
Benson Hill initiated with an Overweight at Barclays » 05:2810/2510/25/21
Barclays analyst Benjamin…
Barclays analyst Benjamin Theurer initiated coverage of Benson Hill with an Overweight rating and $10 price target. The company is well positioned to address different stakeholders' needs "with a more efficient and profitable crop," Theurer tells investors in a research note. With its proprietary seed technology platform, CropOS, Benson combines data science, plant science, and food science to create better seeds, leading to improved food, ingredients, and feed products, says the analyst.
Benson Hill files to sell 89.63M shares of common stock for holders 16:5910/2210/22/21
Benson Hill falls -9.4% » 12:0010/1810/18/21
Benson Hill is down…
Benson Hill is down -9.4%, or -64c to $6.20.
Benson Hill rises 16.2% » 12:0010/0410/04/21
Benson Hill is up 16.2%,…
Benson Hill is up 16.2%, or 98c to $7.03.
Benson Hill falls -14.4% » 12:0010/0110/01/21
Benson Hill is down…
Benson Hill is down -14.4%, or -$1.03 to $6.10.