NASDAQ:BYND

Beyond Meat (BYND) Stock Price, News & Analysis

$7.03
-1.18 (-14.37%)
(As of 05/9/2024 ET)
Today's Range
$6.92
$7.59
50-Day Range
$6.06
$9.77
52-Week Range
$5.58
$19.25
Volume
4.05 million shs
Average Volume
3.17 million shs
Market Capitalization
$454.68 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.36

Beyond Meat MarketRank™ Stock Analysis

Analyst Rating
Strong Sell
1.25 Rating Score
Upside/​Downside
23.8% Downside
$5.36 Price Target
Short Interest
Bearish
37.76% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.68
Upright™ Environmental Score
News Sentiment
-0.27mentions of Beyond Meat in the last 14 days
Based on 32 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($2.29) to ($1.86) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.45 out of 5 stars

Consumer Staples Sector

119th out of 138 stocks

Food & Kindred Products Industry

13th out of 14 stocks

BYND stock logo

About Beyond Meat Stock (NASDAQ:BYND)

Beyond Meat, Inc., a plant-based meat company, develops, manufactures, markets, and sells plant-based meat products in the United States and internationally. The company sells a range of plant-based meat products across the platforms of beef, pork, and poultry. It sells its products through grocery, mass merchandiser, club stores, and natural retailer channels, as well as various food-away-from-home channels, including restaurants, foodservice outlets, and schools. The company was formerly known as Savage River, Inc. and changed its name to Beyond Meat, Inc. in September 2018. Beyond Meat, Inc. was incorporated in 2008 and is headquartered in El Segundo, California.

BYND Stock Price History

BYND Stock News Headlines

Beyond Meat revenue falls in Q1 on weak demand for plant-based meat in US and abroad
Beyond Meat is reporting higher-than-expected revenue in the first quarter despite lower demand for its plant-based meats in the U.S. and abroad
The 3 Best Vegan Stocks to Buy in May 2024
This 1 Biotech Stock has been shocking the markets
Save the Date: BioStem's 2024 Q1 Call Coming Up!
Beyond Meat's Tough Q1 Results
Why Beyond Meat (BYND) Shares Are Sliding Today
This 1 Biotech Stock has been shocking the markets
Save the Date: BioStem's 2024 Q1 Call Coming Up!
Beyond Meat: Q1 Earnings Snapshot
Beyond Meat, Inc. Q1 Loss Decreases, but misses estimates
Beyond Meat, Inc. (NASDAQ:BYND) Short Interest Update
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Today
5/09/2024
Next Earnings (Estimated)
8/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Food & kindred products
Sub-Industry
N/A
Current Symbol
NASDAQ:BYND
Fax
N/A
Employees
686
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.36
High Stock Price Target
$9.00
Low Stock Price Target
$3.00
Potential Upside/Downside
-23.8%
Consensus Rating
Strong Sell
Rating Score (0-4)
1.25
Research Coverage
8 Analysts

Profitability

Net Income
$-338,140,000.00
Pretax Margin
-97.34%

Debt

Sales & Book Value

Annual Sales
$343.38 million
Book Value
($7.95) per share

Miscellaneous

Free Float
59,115,000
Market Cap
$454.68 million
Optionable
Optionable
Beta
2.42
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BYND Stock Analysis - Frequently Asked Questions

Should I buy or sell Beyond Meat stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beyond Meat in the last twelve months. There are currently 6 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "strong sell" BYND shares.
View BYND analyst ratings
or view top-rated stocks.

What is Beyond Meat's stock price target for 2024?

8 brokers have issued twelve-month target prices for Beyond Meat's stock. Their BYND share price targets range from $3.00 to $9.00. On average, they anticipate the company's share price to reach $5.36 in the next year. This suggests that the stock has a possible downside of 23.8%.
View analysts price targets for BYND
or view top-rated stocks among Wall Street analysts.

How have BYND shares performed in 2024?

Beyond Meat's stock was trading at $8.90 at the beginning of the year. Since then, BYND stock has decreased by 21.0% and is now trading at $7.03.
View the best growth stocks for 2024 here
.

When is Beyond Meat's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024.
View our BYND earnings forecast
.

How were Beyond Meat's earnings last quarter?

Beyond Meat, Inc. (NASDAQ:BYND) released its quarterly earnings results on Wednesday, May, 8th. The company reported ($0.72) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.67) by $0.05. The firm had revenue of $75.60 million for the quarter, compared to analysts' expectations of $75.24 million. The firm's revenue for the quarter was down 18.0% on a year-over-year basis. During the same period in the previous year, the company earned ($0.92) EPS.

What ETFs hold Beyond Meat's stock?

ETFs with the largest weight of Beyond Meat (NASDAQ:BYND) stock in their portfolio include Global X AgTech & Food Innovation ETF (KROP).VegTech Plant-based Innovation & Climate ETF (EATV).

What guidance has Beyond Meat issued on next quarter's earnings?

Beyond Meat issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $85.0 million-$90.0 million, compared to the consensus revenue estimate of $96.2 million.

What is Ethan Brown's approval rating as Beyond Meat's CEO?

19 employees have rated Beyond Meat Chief Executive Officer Ethan Brown on Glassdoor.com. Ethan Brown has an approval rating of 61% among the company's employees. This puts Ethan Brown in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Beyond Meat own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Beyond Meat investors own include Tesla (TSLA), NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), Advanced Micro Devices (AMD), Walt Disney (DIS), Block (SQ), Roku (ROKU), Zoom Video Communications (ZM) and Shopify (SHOP).

When did Beyond Meat IPO?

Beyond Meat (BYND) raised $176 million in an initial public offering on Thursday, May 2nd 2019. The company issued 8,800,000 shares at $19.00-$21.00 per share. Goldman Sachs, J.P. Morgan and Credit Suisse acted as the underwriters for the IPO and BofA Merrill Lynch, Jefferies and William Blair were co-managers.

Who are Beyond Meat's major shareholders?

Beyond Meat's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Susquehanna Fundamental Investments LLC (0.17%), SG Americas Securities LLC (0.16%), Mirae Asset Global Investments Co. Ltd. (0.08%), Udine Wealth Management Inc. (0.08%), Zweig DiMenna Associates LLC (0.05%) and State Board of Administration of Florida Retirement System (0.03%). Insiders that own company stock include Beth Moskowitz, Charles Muth, Christopher Isaac Stone, Dariush Ajami, Diane Carhart, Lubi Kutua, Sanjay C Shah and Teri L Witteman.
View institutional ownership trends
.

How do I buy shares of Beyond Meat?

Shares of BYND stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:BYND) was last updated on 5/10/2024 by MarketBeat.com Staff

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