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BNED

Barnes & Noble Education, Inc.

BNED

NYSE·Consumer Cyclical·Specialty Retail·Mkt cap $440.7M

$12.72

+4.26%

P/E

26.50

Mkt Cap

$440.7M

52-Wk Range

$5.90–$14.75

52-Week Range

$5.90 - $14.75

P/E

26.50

Fwd P/E

14.88

Beta

1.30

Div Yield

0.63%

Avg Vol

308.8K

Shares Out

34.3M

Mkt Cap

$440.7M

Price action

Price chart

Up 47.4% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Unmatched campus retail footprint with 805 physical bookstores providing exclusive distribution access and brand loyalty
  • Integrated omnichannel ecosystem connecting physical retail, virtual bookstores, and direct-to-student digital platforms
  • Recurring revenue model tied to academic calendar with high customer switching costs and predictable demand cycles
  • Proprietary technology platform (point-of-sale and inventory management) serving 350+ independent bookstores creates additional revenue stream
  • Diversified product portfolio reducing dependence on textbook sales through merchandise, services, and subscription offerings

Bear Case

1 risk

  • Average volatility.

Growth

Stable outlook

Positive revenue trend

Value

Attractively priced below Specialty Retail peer average

Momentum

Strong

+19.0% over 3m

Quality

Stable

Strong fundamentals

Dividend

Modest

0.63% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Sep 3, 2026

Q3 26 RECAP

JUL 6, 2026

Reported EPS of $0.11 vs -$0.16 consensus (+165.6% surprise). Revenue of $267.5M vs $295.5M expected (-9.5%).

EPS beat +165.6%
Revenue miss

EPS surprise · last 4Q

2 of 2 beats

Estimate

Actual

Q3 26

+165.6%

Q2 26

+165.6%

Revenue trend · last 8Q

-1%

+2%

+18%

+9%

-177%

+10%

-4%

Q1 24

Q2 24

Q3 25

Q4 25

Q1 25

Q2 25

Q3 26

Q4 26

$263.4M

$602.1M

$466.3M

$278.3M

$288.2M

$644.4M

$515.1M

$267.1M

Margins · last 8Q

Gross

34.5%

Operating

1.0%

Profit

1.3%

Wall Street consensus

1 analyst · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

100%

Hold

0%

Sell

0%

Median Price Target

Latest: Needham · Jun 26, 2026

vs Industry

How BNED stacks vs Specialty Retail

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.