STOCK TITAN

Benson Hill, Inc. - BHIL STOCK NEWS

Welcome to our dedicated page for Benson Hill news (Ticker: BHIL), a resource for investors and traders seeking the latest updates and insights on Benson Hill stock.

Benson Hill, Inc. (NYSE: BHIL) is a cutting-edge crop improvement company dedicated to unlocking the natural genetic diversity of plants. Through its revolutionary CropOS™ platform, Benson Hill integrates machine learning (ML), big data, genome editing, and plant biology to significantly accelerate and simplify the product development process. This innovative approach empowers agricultural innovators to develop healthier and more sustainable crops.

Benson Hill operates in one main business segment: Ingredients. The company specializes in soy protein innovation and focuses on seed innovation through proprietary germplasm and the CropOS platform. By leveraging AI and ML, the platform integrates protein, genomic, and strategic data for predictive breeding, which is further accelerated by the company's Crop Accelerator for rapid prototyping.

The company's seed portfolio is being developed for various applications, including protein ingredients, aquaculture, specialty animal feed, and vegetable oils. Revenue is categorized into two main types: Proprietary and Non-Proprietary. Proprietary revenue comes from the sale of proprietary beans, while Non-Proprietary revenue includes all other sources.

Recent achievements and current projects highlight Benson Hill's commitment to modernizing our food system and developing sustainable agricultural solutions. The company continues to make strides in soy protein innovation, predictive breeding, and rapid prototyping to stay at the forefront of ag-tech advancements.

For more information about Benson Hill and their latest updates, visit www.bensonhillbio.com.

Rhea-AI Summary
Benson Hill, a food tech company, plans to improve its financial position and transition to an asset-light business model. They will focus on expanding into animal feed markets while continuing their work in human food ingredients. The company aims to retire high-cost debt, extend liquidity, and collaborate with industry partners. Deanie Elsner has been appointed as the permanent CEO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.32%
Tags
none
-
Rhea-AI Summary
Benson Hill to provide strategic review update and release Q3 earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.29%
Tags
-
Rhea-AI Summary
Benson Hill received a notice from NYSE for non-compliance with minimum share price requirement. Company has six months to regain compliance and intends to consider alternatives. The stock will continue to be listed and traded on NYSE.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.68%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
Tags
management
-
Rhea-AI Summary
Benson Hill, Inc. (BHIL) reported a 16% increase in revenues to $109 million, with a 53% increase in proprietary revenues. Gross profit was $3 million. Company ended Q2 with $118 million in cash, restricted cash, and marketable securities. Management expects $10 million in annualized operating cost reductions in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-20.63%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.99%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.15%
Tags
partnership earnings
-
Rhea-AI Summary
Benson Hill appoints Richard Mack as an Independent Director to its Board of Directors. Mack brings nearly 30 years of leadership experience in the agribusiness industry. He previously served as EVP and CFO of The Mosaic Company. Mack's appointment brings the total number of directors on the Board to nine, with seven being independent.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.45%
Tags
management
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.45%
Tags
management
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
38.21%
Tags

FAQ

What is the current stock price of Benson Hill (BHIL)?

The current stock price of Benson Hill (BHIL) is $3.9 as of November 22, 2024.

What is the market cap of Benson Hill (BHIL)?

The market cap of Benson Hill (BHIL) is approximately 25.2M.

What does Benson Hill, Inc. specialize in?

Benson Hill specializes in crop improvement and soy protein innovation, focusing on healthier and more sustainable crop development.

What is the CropOS™ platform?

The CropOS™ platform combines machine learning, big data, genome editing, and plant biology to accelerate and simplify the crop development process.

What business segment does Benson Hill operate in?

Benson Hill operates in the Ingredients segment, focusing on seed innovation and soy protein.

How does Benson Hill generate revenue?

Revenue is disaggregated into Proprietary (sales of proprietary beans) and Non-Proprietary (all other sources) categories.

What applications are Benson Hill's seeds being developed for?

The seeds are developed for protein ingredients, aquaculture, specialty animal feed, and vegetable oils.

What recent achievements has Benson Hill made?

Benson Hill has made significant advancements in soy protein innovation, predictive breeding, and rapid prototyping.

Where can I find more information about Benson Hill?

More information can be found on their official website, www.bensonhillbio.com.

What is the company's approach to seed innovation?

Benson Hill uses their proprietary germplasm and the CropOS platform, integrating protein, genomic, and strategic data for predictive breeding.

What makes the CropOS platform revolutionary?

The integration of AI, ML, big data, and genome editing in the CropOS platform drastically accelerates and simplifies product development.

How does Benson Hill contribute to a sustainable food system?

By developing healthier and more sustainable crops through innovative genetic and technological methods, Benson Hill is modernizing the food system.

Benson Hill, Inc.

NYSE:BHIL

BHIL Rankings

BHIL Stock Data

25.19M
3.66M
40.11%
18.18%
1.56%
Agricultural Inputs
Food and Kindred Products
Link
United States of America
ST. LOUIS