BofA Mixed on BellRing Brands (BRBR) Despite Robust Sector Growth

BellRing Brands, Inc. (NYSE:BRBR) earns a spot on our list of the 11 best very cheap stocks to buy according to billionaires.

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Investor interest in BellRing Brands, Inc. (NYSE:BRBR) is growing as Wall Street assesses the leadership change amid high growth expectations.

The stock’s outlook remains favorable according to analysts.

As of March 10, 2026, over 70% of covering analysts remain bullish, while the consensus price target of $33.00 implies an upside potential of 93.10%.

On March 4, 2026, analysts at BofA cited mid-quarter developments with roughly two-thirds of the quarter completed. The firm reduced its price target on BellRing Brands, Inc. (NYSE:BRBR) from $25 to $22, while keeping a “Neutral” rating.

The firm noted that, despite the sector’s robust growth, BellRing Brands, Inc. (NYSE:BRBR) faces a challenging competitive environment, arguing that a lower value multiple is warranted given the escalating competition in a rapidly growing market.

In parallel, a leadership change is being planned by the company. President and CEO Darcy Davenport declared last month that he would retire by September 30, 2026, or sooner if a replacement is finalized. While the board searches for an external CEO to steer BellRing Brands, Inc. (NYSE:BRBR)’s next phase of growth, Davenport will remain in the role during the search and subsequently provide services in an advisory capacity.

BellRing Brands, Inc. (NYSE:BRBR) manufactures protein smoothies, drinks, powders, and nutrition bars under the Premier Protein and Dymatize brands, which are sold in physical stores and online.

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