Beyond Meat, Inc. (NASDAQ:BYND) Receives $1.70 Consensus PT from Analysts

Shares of Beyond Meat, Inc. (NASDAQ:BYND) have been given an average recommendation of “Strong Sell” by the nine ratings firms that are covering the firm, MarketBeat.com reports. Seven investment analysts have rated the stock with a sell recommendation and two have assigned a hold recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $1.70.

Several research analysts have issued reports on BYND shares. Cowen reaffirmed a “sell” rating on shares of Beyond Meat in a report on Tuesday, October 14th. Barclays reduced their price target on Beyond Meat from $2.00 to $1.00 and set an “underweight” rating on the stock in a research report on Wednesday, November 12th. Argus cut shares of Beyond Meat from a “hold” rating to a “sell” rating in a research report on Monday, September 15th. JPMorgan Chase & Co. started coverage on Beyond Meat in a report on Wednesday, August 20th. They set an “underweight” rating on the stock. Finally, Mizuho decreased their target price on Beyond Meat from $1.50 to $1.00 and set an “underperform” rating for the company in a research note on Thursday, November 13th.

Institutional Trading of Beyond Meat

Several hedge funds have recently bought and sold shares of the stock. Cerity Partners LLC acquired a new position in shares of Beyond Meat in the first quarter valued at approximately $43,000. CWM LLC lifted its holdings in shares of Beyond Meat by 2,445.6% in the first quarter. CWM LLC now owns 19,703 shares of the company’s stock valued at $60,000 after purchasing an additional 18,929 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Beyond Meat during the first quarter worth about $437,000. Charles Schwab Investment Management Inc. grew its holdings in shares of Beyond Meat by 8.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 573,596 shares of the company’s stock worth $1,749,000 after buying an additional 46,540 shares in the last quarter. Finally, MUFG Securities EMEA plc raised its position in Beyond Meat by 49.5% in the 1st quarter. MUFG Securities EMEA plc now owns 30,760 shares of the company’s stock valued at $94,000 after buying an additional 10,190 shares during the last quarter. 52.48% of the stock is currently owned by institutional investors and hedge funds.

Beyond Meat Stock Performance

Beyond Meat stock opened at $0.86 on Friday. The business’s fifty day moving average is $1.82 and its two-hundred day moving average is $2.61. The firm has a market cap of $391.20 million, a P/E ratio of -0.27 and a beta of 2.32. Beyond Meat has a 52 week low of $0.50 and a 52 week high of $7.69.

Beyond Meat (NASDAQ:BYND) last issued its quarterly earnings results on Monday, November 10th. The company reported ($0.47) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.39) by ($0.08). The company had revenue of $70.22 million for the quarter, compared to analyst estimates of $68.82 million. Beyond Meat has set its Q4 2025 guidance at EPS. On average, equities research analysts predict that Beyond Meat will post -2.1 earnings per share for the current year.

About Beyond Meat

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.