Venu Holding Corp reported widening losses in Q1 2026, with operational and financial performance deteriorating despite a significant capital raise. VENU's $104 million capital raise, including $86 million equity at 30% dilution, resulted in only a $15 million cash increase due to heavy PP&E investment and ongoing losses. Revenues grew just 11% year-over-year, failing to cover basic operational expenses, while interest expense now exceeds revenues and leverage continues to rise.
Venu Holding Corporation (NYSEAMERICAN:VENU - Get Free Report)'s stock price traded down 7% on Thursday. The stock traded as low as $3.33 and last traded at $3.44. 500,252 shares changed hands during trading, an increase of 51% from the average session volume of 331,049 shares. The stock had previously closed at $3.70. Analysts Set
Venu Holding Corporation (VENU) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to a loss of $0.13 per share a year ago.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 11,946 | $27,113 | $24,130.92 | -$2,982.08 | -11% |
| BG Bart Gancher Intech Investment Management LLC | 10,070 | $22,858.9 | $20,442.1 | -$2,416.8 | -10.57% |
| KMW Kelli M. Wright Willis Investment Counsel | 218,633 | $1.42M | $443,824.99 | -$979,878.67 | -68.83% |
Point72 Asset Management LP Point72 Asset Management LP | 25,739 | $58,428 | $50,963.22 | -$7,464.78 | -12.78% |
Joseph Castro Nuveen LLC | 62,876 | $142,729 | $127,638.28 | -$15,090.72 | -10.57% |
| Hotels, Restaurants & Leisure Industry | Consumer Discretionary Sector | Jay W. Roth CEO | AMEX Exchange | 92333E104 CUSIP |
| US Country | 280 Employees | - Last Dividend | - Last Split | - IPO Date |
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