Reeds (OTCMKTS:REED) Trading Up 1% – What’s Next?

Posted by Grant Hamersma on Feb 22nd, 2026

Reeds, Inc. (OTCMKTS:REED – Get Free Report)’s share price shot up 1% on Friday . The stock traded as high as $2.14 and last traded at $2.07. 23,139 shares traded hands during mid-day trading, a decline of 22% from the average session volume of 29,786 shares. The stock had previously closed at $2.05.

Wall Street Analyst Weigh In

Separately, Alliance Global Partners upgraded shares of Reeds to a “strong-buy” rating in a research report on Monday, December 22nd. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Strong Buy” and a consensus target price of $10.50.

Check Out Our Latest Stock Analysis on Reeds

Reeds Price Performance

The firm has a 50-day simple moving average of $2.35 and a two-hundred day simple moving average of $4.88. The company has a market cap of $18.52 million, a PE ratio of -0.28 and a beta of 0.72.

Institutional Investors Weigh In On Reeds

An institutional investor recently bought a new position in Reeds stock. Armistice Capital LLC acquired a new stake in Reeds, Inc. (OTCMKTS:REED – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 620,000 shares of the company’s stock, valued at approximately $1,302,000. Armistice Capital LLC owned about 6.93% of Reeds at the end of the most recent reporting period. Institutional investors own 51.48% of the company’s stock.

Reeds Company Profile

(Get Free Report)

Reed’s, Inc is a U.S.-based beverage company specializing in the development, production and distribution of craft soft drinks, mixers and functional beverages that feature real ginger and other natural ingredients. The company’s flagship Reed’s Ginger Brew line includes Original, Extra and Stronger formulations, each brewed using fresh ginger root to deliver a balance of spicy flavor and perceived health benefits. Reed’s also markets a portfolio of craft sodas under the Virgil’s brand, offering varieties such as Root Beer, Craft Cola and Vanilla Cream Soda without artificial sweeteners or preservatives.

Founded in 1989 by Christopher J.