TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  The Motley Fool

Why Vital Farms Stock Is Plunging Today

The Motley Fool Logo The Motley Fool By Josh Kohn-Lindquist
Why Vital Farms Stock Is Plunging Today

Vital Farms announced a long-term goal to reach $2 billion in sales by 2030, but lowered its 2026 revenue guidance due to implementing a new enterprise resource planning system, causing its stock to drop 9%.

Insights
VITL   neutral

Stock dropped due to lower near-term revenue guidance, but long-term growth projections remain promising. Management expects temporary disruption from new ordering system and maintains ambitious 2030 sales target of $2 billion.