Added to YB: 2026-08-13
Pitch date: 2026-08-11
BNED [neutral]
Barnes & Noble Education, Inc.
-4.21%
current return
Author Info
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Company Info
Barnes & Noble Education, Inc. operates bookstores for college and university campuses, and K-12 institutions primarily in the United States.
Market Cap
$435.5M
Pitch Price
$12.58
Price Target
23.60 (+88%)
Dividend
2.55%
EV/EBITDA
2.47
P/E
25.65
EV/Sales
0.38
Sector
Specialty Retail
Category
value
Restating The Bull Case on Barnes and Noble Education
BNED (holding update): College retail/subscription play, no longer just book retailer. Stock $9→$12.80 since Dec. Fast-growing First Day (44% rev, +30%/yr) shifts to digital, lifting ROIC 9%→15%. 2027 guide $92M EBITDA→$51M FCF; 16x = $23.6 (~2x). IMMR owns 32.6% w/control (overhang risk). Risks: demographics, guidance, IMMR.
Read full article (6 min)