AppHarvest, Inc., a development stage company, builds and operates high-tech greenhouses to grow fruits and vegetables in the United States. Its products include tomatoes and leafy greens. The company was founded in 2018 and is based in Morehead, Kentucky.
IPO Year: 2020
Exchange: NASDAQ
Website: appharvest.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
12/2/2022 | Outperform → Perform | Oppenheimer | |
11/8/2022 | Overweight → Equal Weight | Barclays | |
2/25/2022 | $10.00 → $6.00 | Outperform | Oppenheimer |
8/26/2021 | $10.00 | Outperform | Oppenheimer |
EFFECT - AppHarvest, Inc. (0001807707) (Filer)
EFFECT - AppHarvest, Inc. (0001807707) (Filer)
EFFECT - AppHarvest, Inc. (0001807707) (Filer)
15-12G - AppHarvest, Inc. (0001807707) (Filer)
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POS AM - AppHarvest, Inc. (0001807707) (Filer)
POS AM - AppHarvest, Inc. (0001807707) (Filer)
8-K - AppHarvest, Inc. (0001807707) (Filer)
8-K - AppHarvest, Inc. (0001807707) (Filer)
Oppenheimer downgraded AppHarvest from Outperform to Perform
Barclays downgraded AppHarvest from Overweight to Equal Weight
Oppenheimer reiterated coverage of AppHarvest with a rating of Outperform and set a new price target of $6.00 from $10.00 previously
Oppenheimer initiated coverage of AppHarvest with a rating of Outperform and set a new price target of $10.00
Barclays initiated coverage of AppHarvest with a rating of Overweight and set a new price target of $25.00
Cowen initiated coverage of AppHarvest with a rating of Outperform and set a new price target of $42.00
3 - AppHarvest, Inc. (0001807707) (Issuer)
4 - AppHarvest, Inc. (0001807707) (Issuer)
4 - AppHarvest, Inc. (0001807707) (Issuer)
4 - AppHarvest, Inc. (0001807707) (Issuer)
4 - AppHarvest, Inc. (0001807707) (Issuer)
4 - AppHarvest, Inc. (0001807707) (Issuer)
4 - AppHarvest, Inc. (0001807707) (Issuer)
4 - AppHarvest, Inc. (0001807707) (Issuer)
4 - AppHarvest, Inc. (0001807707) (Issuer)
4 - AppHarvest, Inc. (0001807707) (Issuer)
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Company secures approximately $30 million debtor-in-possession financing commitment from Equilibriumto support ongoing operations at AppHarvest Morehead, AppHarvest Richmond and AppHarvest Somersetduring proceedings Operations continue at farms, including shipping product MOREHEAD, Ky., July 24, 2023 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a sustainable food company, public benefit corporation and Certified B Corp building and operating some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced that it is pursuing a financial and operational transition to
Martin will continue rapid execution of Project New Leaf focused on operational efficiency for higher yields, improved quality and cost savings Kevin Willis named AppHarvest board chair AppHarvest has been shipping more sustainable produce to top grocers, restaurants and food service outlets since 2021 MOREHEAD, Ky., July 13, 2023 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a sustainable food company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today named controlled environment agriculture veteran Tony Ma
AppHarvest achieves quarterly net sales nearly 90 percent of sales for full year 2022 including sales of almost $11 million in tomatoes and more than $1 million in strawberries AppHarvest ships commercially for first time from full four-farm network to top national grocery store chains, restaurants and food service outlets First quarter 2023 earnings call set for May 10 at 4:30 p.m. ET MOREHEAD, Ky., May 10, 2023 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a sustainable food company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at sca
MOREHEAD, Ky., April 26, 2023 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a sustainable food company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced it will release its financial results for the first quarter 2023 on Wednesday, May 10, 2023. The company will host a conference call and webcast to review its results the same day at 4:30 p.m. ET. The conference call will be streamed over the internet and accessible through the "Investor Relations" section of the AppHarvest website at https://in
Company successfully quadrupled to a four-farm network in 2022,setting the stage for expected year-over-year sales increases throughout 2023 Company increased net sales by 60% year-over-year MOREHEAD, Ky., March 09, 2023 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a sustainable food company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced its fourth quarter and full-year 2022 operating and financial results, achieving its previous revised guidance, quadrupling the AppHarvest farm network i
MOREHEAD, Ky., Feb. 27, 2023 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a sustainable food company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced the closing of its previously announced underwritten public offering of 46,000,000 shares of its common stock, which includes the exercise in full by the underwriters of their option to purchase 6,000,000 additional shares at a public offering price of $1.00 per share. The aggregate gross proceeds to AppHarvest from this offering were $46 million, bef
MOREHEAD, Ky., Feb. 21, 2023 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a sustainable food company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced it will release its financial results for the fourth quarter 2022 and full-year 2022 on Thursday, March 9, 2023. The company will host a conference call and webcast to review its results the same day at 4:30 p.m. ET. The conference call will be streamed over the internet and accessible through the "Investor Relations" section of the AppHarvest websit
MOREHEAD, Ky., Feb. 09, 2023 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a sustainable food company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced the pricing of its previously announced underwritten public offering of 40,000,000 shares of its common stock at a price to the public of $1.00 per share. Additionally, AppHarvest has granted to the underwriters a 30-day option to purchase up to 6,000,000 additional shares of common stock at the public offering price, less underwriting discounts and c
MOREHEAD, Ky., Feb. 08, 2023 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a sustainable food company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced that it has commenced a $40 million underwritten public offering of shares of its common stock. AppHarvest also intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock offered in the public offering on the same terms and conditions. All of the shares of common stock are being offered by A
All four farms in the AppHarvest network are now commercially shipping tomatoes, strawberries and salad greens to top retailers, restaurants and foodservice outlets AppHarvest Somerset will plant long English cucumbers in advance of the seasonal summer refresh of strawberry plants MOREHEAD, Ky., Jan. 18, 2023 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a sustainable food company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced it has started commercial shipments from its first harvest of tom
MOREHEAD, Ky., April 26, 2023 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a sustainable food company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced it will release its financial results for the first quarter 2023 on Wednesday, May 10, 2023. The company will host a conference call and webcast to review its results the same day at 4:30 p.m. ET. The conference call will be streamed over the internet and accessible through the "Investor Relations" section of the AppHarvest website at https://in
MOREHEAD, Ky., Feb. 21, 2023 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a sustainable food company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced it will release its financial results for the fourth quarter 2022 and full-year 2022 on Thursday, March 9, 2023. The company will host a conference call and webcast to review its results the same day at 4:30 p.m. ET. The conference call will be streamed over the internet and accessible through the "Investor Relations" section of the AppHarvest websit
AppHarvest Berea and AppHarvest Somerset are the second and third farms to open as company expects to quadruple farms by year-end and diversify produce portfolio to include salad greens and berries Construction delays at Berea, Somerset and Richmond farms drive lower net sales and improved Adjusted EBITDA loss guidance for the year AppHarvest completes $30 million financing deal with Mastronardi Produce secured by AppHarvest Berea farm Company announces leadership transitions to leverage CEA management experience MOREHEAD, Ky., Nov. 07, 2022 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a sustainable food company, public benefit corporation and Certified B Corp building
MOREHEAD, Ky., Oct. 24, 2022 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a sustainable food company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced that it will release its financial results for the third quarter 2022 on Monday, November 7, 2022. The company will host a post-market conference call and webcast to review its results the same day at 4:30 p.m. ET. The conference call will be streamed over the internet and accessible through the "Investor Relations" section of the AppHarvest website
Company achieves net sales of $4.4 million on 6.0 million pounds of tomatoes sold in Q2 2022, a 39% YoY increase AppHarvest secures $50 million USDA-backed loan, one of largest ever supporting controlled environment agriculture (CEA)Company confirms no damage to facilities from recent flooding in Eastern Kentucky MOREHEAD, Ky., Aug. 03, 2022 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a sustainable food company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced its operating and financial results
MOREHEAD, Ky., July 19, 2022 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a leading AgTech company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, announced today that it will release its financial results for the second quarter 2022 on Wednesday, August 3, 2022. The company will host a post-market conference call and webcast to review its results the same day at 4:30 p.m. ET. The conference call will be streamed over the internet and accessible through the "Investor Relations" section of the AppHarvest websit
Company achieves net sales of $5.2 million, reiterates full year net sales outlook of $24.0 to $32.0 million Company delivered ~125% increase in net sales for Q1 ‘22 vs. Q1 ‘21 Farm network expansion to quadruple high-tech facilities this year diversifying produce portfolio MOREHEAD, Ky., May 03, 2022 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a leading AgTech company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced its operating and financial results for the quarter ending March 31, 2022, ach
MOREHEAD, Ky., April 19, 2022 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a leading AgTech company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, announced today that it will release its financial results for the first quarter 2022 on Tuesday, May 3, 2022. The company will host a conference call and webcast to review its results the same day at 4:30 p.m. ET. The live conference call and replay are accessible as follows: Live Webcast: The call will be streamed over the internet and accessible through the "Inve
Company achieves high end of net sales guidance rangeand low-end of Net Loss and Adjusted EBITDA loss range for FY2021 Names Julie Nelson Chief Operating Officer to optimize operations across the AppHarvest farm network Cuts non-operations headcount by about 50% to enable positive operating cash flow with four-farm network Remains on track to add three farms and diversify cropsto include salad greens and berries by year-end MOREHEAD, Ky., Feb. 24, 2022 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a leading AgTech company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and
Three more high-tech indoor farms currently under constructionexpected to be operational by end of 2022, diversifying into berries, salad greens AppHarvest produce sold at 1,000 stores across six states Fourth quarter and full-year 2021 earnings call set for Feb. 24 MOREHEAD, Ky., Jan. 31, 2022 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a leading AgTech company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced that it expects to report achieving the higher end of its guidance range for full-yea
AppHarvest has started shipments of "WOW® Berries" from nearly 1 million strawberry plants Somerset is third in AppHarvest's expected four-farm network scheduled to open this year, which will include 165 acres helping to make AppHarvest a leading controlled environment agriculture (CEA) producer Company announces leadership transition to leverage CEA management experience MOREHEAD, Ky., Nov. 03, 2022 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a sustainable food company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Ap
MOREHEAD, Ky., Nov. 02, 2022 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a sustainable food company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, announced today the appointment of Appalachian Regional Healthcare (ARH) president and CEO Hollie Harris Phillips as an independent director of the company and a member of the audit committee, effective immediately. Phillips has served as president and CEO of the 14-hospital healthcare system, which includes multi-specialty physician practices, home health agencies,
MOREHEAD, Ky., Oct. 21, 2022 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a leading AgTech company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, announced today the appointment of seasoned controlled environment agriculture (CEA) executive Tony Martin as an independent director of the company and a member of the audit committee, effective immediately. Martin served as chief financial officer for nearly 12 years at Windset Farms, one of the largest CEA producers and marketers of indoor-grown crops in North Amer
MOREHEAD, Ky., March 07, 2022 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a leading AgTech company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, announced today the appointment of Patrick T. Halfmann, CFA, to the AppHarvest Board of Directors as a director of the company and as a member of both the audit committee and the sustainability committee effective immediately. Halfmann is a partner at the investment firm, Inclusive Capital, and is currently a director of Noodle Partners and GreenStruxure. He has been
MOREHEAD, Ky., Feb. 09, 2022 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ:APPH, APPHW))), a leading AgTech company, public benefit corporation and Certified B Corp building some of the world's largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, announced today the unanimous appointment of J. Kevin Willis as a director of the company, as chair of the board's audit committee and as a member of the nominating and corporate governance committee, effective Feb. 19. Willis currently serves as the Senior Vice President and Chief Financial Officer of Ashland (NYSE:ASH), a global specialty materials company, and join
INDIANAPOLIS--(BUSINESS WIRE)--Novus Capital, a company focused on sustainability and social equity through technological innovation, announces three new Board Advisors: Trevor Neilson, Rini Greenfield and Phillip Bayt. “One of the key values Novus brings to our startup partners is the depth and diversity of our Board and Board Advisors’ expertise,” said Bob Laikin, co-founder of Novus Capital. “Trevor, Rini and Phillip are each proven leaders in their respective fields, and we’re proud to have them join us.” Trevor Neilson is co-founder, Chairman and CEO of WasteFuel, a next-generation fuel company that develops low-carbon biofuels from waste. Previously, he served as co-founde