BellRing Brands (BRBR) Climbs 12% on Protein Market Growth, Ahead of Earnings

We recently published 10 Stocks Breaking Records While Wall Street Bleeds. BellRing Brands Inc. (NYSE:BRBR) was one of the top performers on Tuesday.

BellRing jumped by 12 percent on Tuesday to close at $26.78 apiece as investors loaded portfolios ahead of its upcoming earnings, supported by optimistic comments about the protein drink industry.

According to BellRing Brands Inc. (NYSE:BRBR), it is scheduled to announce the results of its earnings performance for the first quarter of fiscal year 2026 before market open on February 3, 2026. A conference call will be held to discuss the results.

In other developments, the rally was helped by Coca-Cola Chief Executive Officer James Quincey’s optimistic comments about the protein beverage industry, saying that the company is seeing a gradual transition towards protein beverages.

“It is still relatively early days in the consumption of GLP-1, but you definitely see a shift across food and beverages,” Quincey said in an interview with CNBC, suggesting that the market for protein-based products continues to expand.

The announcement spilled over to BellRing Brands Inc. (NYSE:BRBR), which owns ready-to-drink brand Premier Protein, and hydrolyzed protein powder, Dymatize.

Meanwhile, BellRing Brands Inc. (NYSE:BRBR) maintained a “buy” recommendation and a $30 price target from Barclays, marking a 12 percent upside potential from its latest closing price.

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Disclosure: None. This article is originally published at Insider Monkey.