Why These 15 Defensive Stocks Are Surging In 2025

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12. Grove Collaborative Holdings Inc (NYSE:GROV)

Number of Hedge Fund Holders In Q4 2024: 7

Grove Collaborative Holdings Inc (NYSE:GROV) is a consumer products company that focuses on eco-friendly household goods.

The stock is up significantly so far in 2025 as Grove announced two major acquisitions: Grab Green, a top-performing eco-friendly cleaning brand, and 8Greens, a wellness brand specializing in nutrient-rich supplements. These acquisitions expand Grove’s product portfolio into high-growth wellness categories.

Moreover, Grove reported sequential revenue growth in Q4 2024 for the first time since early 2022. It had positive cash flow for three consecutive quarters and achieved positive Adjusted EBITDA for the full year of 2024.

Grove also completed a voluntary $72 million repayment of term debt in late 2024.

The consensus price target of $2 implies 22.32% upside.

GROV stock is up 17.27% year-to-date.

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