Should I buy or sell Beyond Meat stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Beyond Meat in the last year. There are currently 5 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street equities research 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?

7 brokers have issued 1 year target prices for Beyond Meat's shares. Their BYND share price targets range from $3.00 to $10.00. On average, they anticipate the company's stock price to reach $6.00 in the next twelve months. This suggests that the stock has a possible downside of 6.3%. 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 on January 1st, 2024. Since then, BYND shares have decreased by 28.1% and is now trading at $6.40. 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 Wednesday, May 8th 2024. View our BYND earnings forecast .

How were Beyond Meat's earnings last quarter?

Beyond Meat, Inc. (NASDAQ:BYND) posted its quarterly earnings results on Tuesday, February, 27th. The company reported ($2.40) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.82) by $1.58. The firm earned $73.68 million during the quarter, compared to the consensus estimate of $66.66 million. Beyond Meat's quarterly revenue was down 7.8% compared to the same quarter last year. During the same period last year, the business earned ($1.05) EPS.

What ETFs hold Beyond Meat's stock?

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

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

Beyond Meat updated its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $70.0 million-$75.0 million, compared to the consensus revenue estimate of $88.6 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 a price of $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 variety of institutional and retail investors. Top institutional shareholders include Udine Wealth Management Inc. (0.08%) and Banque Cantonale Vaudoise (0.00%). 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 .

NASDAQ:BYND

Beyond Meat (BYND) Stock Price, News & Analysis

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$6.40

-0.03 (-0.47%)

(As of 04/18/2024 ET)

Compare

Today's Range: $6.18
▼
$6.51
50-Day Range: $6.40
▼
$10.69
52-Week Range: $5.58
▼
$19.25

Volume: 1.66 million shs
Average Volume: 1.51 million shs
Market Capitalization: $413.95 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $6.00

Get Beyond Meat alerts:

Beyond Meat MarketRank™ Stock Analysis

Analyst Rating: Strong Sell
1.29 Rating Score
Upside/Downside: 6.3% Downside
$6.00 Price Target
Short Interest: Bearish
35.83% of Float Sold Short
Dividend Strength: N/A
Sustainability: -2.68
Upright™ Environmental Score
News Sentiment: -0.13
Based on 10 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($2.46) to ($2.01) 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.

0.80 out of 5 stars

Consumer Staples Sector

125th out of 135 stocks

Food & Kindred Products Industry

13th out of 14 stocks

0.6

Analyst's Opinion

Consensus Rating
Beyond Meat has received a consensus rating of Strong Sell. The company's average rating score is 1.29, and is based on no buy ratings, 2 hold ratings, and 5 sell ratings.
Amount of Analyst Coverage
Beyond Meat has only been the subject of 4 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
35.83% of the float of Beyond Meat has been sold short.
Short Interest Ratio / Days to Cover
Beyond Meat has a short interest ratio ("days to cover") of 6.2.
Change versus previous month
Short interest in Beyond Meat has recently decreased by 0.23%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Beyond Meat does not currently pay a dividend.
Dividend Growth
Beyond Meat does not have a long track record of dividend growth.

3.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Beyond Meat has received a 37.99% net impact score from Upright. The largest positive contribution comes from its "Nutrition" impact, which is driven by its "Frozen pea protein patties" and "Frozen vegetable nuggets" products. See details.
Environmental Sustainability
The Environmental Impact score for Beyond Meat is -2.68.

1.0

News and Social Media Coverage

News Sentiment
Beyond Meat has a news sentiment score of -0.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Beyond Meat this week, compared to 6 articles on an average week.
Search Interest
Only 16 people have searched for BYND on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.
MarketBeat Follows
Only 8 people have added Beyond Meat to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Beyond Meat insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 7.90% of the stock of Beyond Meat is held by insiders.
Percentage Held by Institutions
52.48% of the stock of Beyond Meat is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Beyond Meat are expected to grow in the coming year, from ($2.46) to ($2.01) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Beyond Meat is -1.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Beyond Meat is -1.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

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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

30 days | 90 days | 365 days | Advanced Chart

BYND Stock News Headlines

April 19, 2024 | americanbankingnews.com

Beyond Meat (NASDAQ:BYND) Price Target Cut to $6.00

April 18, 2024 | yahoo.com

New Beyond Meat plant-based beef made with avocado oil for nutrient-dense, simplified ingredients

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April 18, 2024 | msn.com

Beyond Meat says new versions of Beyond Burger and Beyond Beef are preferred by consumers

April 18, 2024 | globenewswire.com

Beyond IV, the Fourth Generation of the Beyond Burger® and Beyond Beef®, Debuts at Grocery Stores Across the U.S. Including at Walmart and Kroger

April 18, 2024 | americanbankingnews.com

Beyond Meat, Inc. (NASDAQ:BYND) Given Average Recommendation of "Strong Sell" by Analysts

April 15, 2024 | fool.com

Should Investors Be Concerned About Beyond Meat's Loss of Market Share?

April 14, 2024 | fool.com

3 Reasons to Avoid Beyond Meat Stock Like the Plague

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Beyond Meat: A Stock With A Mispriced Probability Of Profit

April 10, 2024 | investorplace.com

Zombie Stock Apocalypse: 7 Walking Dead Companies to Avoid

April 9, 2024 | investing.com

Piper remains bearish on BYND stock as interest in plant-based meat hits new low

April 3, 2024 | investorplace.com

3 Consumer Staples Stocks Short Sellers Are Targeting: Danger in the Aisles?

April 2, 2024 | fool.com

At 50% Off Its High, Is It Time to Buy Beyond Meat Stock?

April 2, 2024 | seekingalpha.com

Beyond Meat: All Signs Point To Contraction

March 29, 2024 | forbes.com

What Nespresso’s First On-The-Go Coffee Shop Can Teach Us About Brand Strategy

March 28, 2024 | finance.yahoo.com

How Beyond Meat developed an 'unassailable health portfolio': CEO

March 28, 2024 | globenewswire.com

Beyond Meat® Unveils New and Expanded Line of Beyond Crumbles, Now Certified by the American Heart Association's Heart-Check Program and the American Diabetes Association's Better Choices for Life Program

March 26, 2024 | finance.yahoo.com

Meatable Wants to Save the Planet AND Let People Enjoy Their Sausages

March 19, 2024 | prnewswire.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Beyond Meat, Inc. - BYND

March 19, 2024 | za.investing.com

Beyond Meat shares down after filing a $250 million mixed securities shelf

March 15, 2024 | investorplace.com

Viral Investing: 3 Meme Stocks Taking Over Wall Street

March 14, 2024 | investorplace.com

Momentum Mavericks: 3 Stocks Defying Gravity and Expectations

March 12, 2024 | msn.com

Beyond Meat Stock’s (NASDAQ:BYND) Post-Earnings Pop and Drop. What’s Next?

March 8, 2024 | msn.com

Investors Should MOOOve Away from Beyond Meat (NASDAQ:BYND)

March 8, 2024 | investorplace.com

Red Alert! 3 Stocks You Should NEVER EVER Own.

March 7, 2024 | fool.com

Beyond Meat's Biggest Problem Just Got Bigger, and Investors Should Be Paying Attention

See More Headlines

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Company Calendar

Last Earnings: 2/27/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Staples
Industry: Food & kindred products
Sub-Industry: N/A
Current Symbol: NASDAQ:BYND
CUSIP: N/A
CIK: 1655210
Web: www.beyondmeat.com
Phone: (866) 756-4112
Fax: N/A
Employees: 686
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $6.00
High Stock Price Target: $10.00
Low Stock Price Target: $3.00
Potential Upside/Downside: -6.3%
Consensus Rating: Strong Sell
Rating Score (0-4): 1.29
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($5.24)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-338,140,000.00
Net Margins: -98.48%
Pretax Margin: -97.34%
Return on Equity: N/A
Return on Assets: -26.52%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 5.01
Quick Ratio: 3.26

Sales & Book Value

Annual Sales: $343.38 million
Price / Sales: 1.21
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($7.95) per share
Price / Book: -0.81

Miscellaneous

Outstanding Shares: 64,680,000
Free Float: 59,568,000
Market Cap: $413.95 million
Optionable: Optionable
Beta: 2.41

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Key Executives

Mr. Ethan Brown (Age 52)
Founder, President, CEO & Director
Comp: $813.33k
Mr. Lubi Kutua (Age 43)
CFO, Treasurer & Principal Accounting Officer
Comp: $538.8k
Mr. Drew Lufkin (Age 46)
Senior Vice President of Sales
Chad M. Peffer
Interim Chief Growth Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

BYND Stock Analysis - Frequently Asked Questions

Should I buy or sell Beyond Meat stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Beyond Meat in the last year. There are currently 5 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street equities research 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?: 7 brokers have issued 1 year target prices for Beyond Meat's shares. Their BYND share price targets range from $3.00 to $10.00. On average, they anticipate the company's stock price to reach $6.00 in the next twelve months. This suggests that the stock has a possible downside of 6.3%.
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 on January 1st, 2024. Since then, BYND shares have decreased by 28.1% and is now trading at $6.40.
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 Wednesday, May 8th 2024.
View our BYND earnings forecast.
How were Beyond Meat's earnings last quarter?: Beyond Meat, Inc. (NASDAQ:BYND) posted its quarterly earnings results on Tuesday, February, 27th. The company reported ($2.40) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.82) by $1.58. The firm earned $73.68 million during the quarter, compared to the consensus estimate of $66.66 million. Beyond Meat's quarterly revenue was down 7.8% compared to the same quarter last year. During the same period last year, the business earned ($1.05) EPS.
What ETFs hold Beyond Meat's stock?: ETFs with the largest weight of Beyond Meat (NASDAQ:BYND) stock in their portfolio include VegTech Plant-based Innovation & Climate ETF (EATV).Global X AgTech & Food Innovation ETF (KROP).

What guidance has Beyond Meat issued on next quarter's earnings?: Beyond Meat updated its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $70.0 million-$75.0 million, compared to the consensus revenue estimate of $88.6 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 a price of $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 variety of institutional and retail investors. Top institutional shareholders include Udine Wealth Management Inc. (0.08%) and Banque Cantonale Vaudoise (0.00%). 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 4/19/2024 by MarketBeat.com Staff

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Beyond Meat (BYND) Stock Price, News & Analysis

Beyond Meat MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Beyond Meat Stock (NASDAQ:BYND)

BYND Stock Price History

BYND Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

BYND Stock Analysis - Frequently Asked Questions

Overall MarketRank^™