Based on ratings from 11 stock analysts, the Beyond Meat Inc stock price is expected to increase by 22.45% in 12 months. This is calculated by using the average 12-month stock price forecast for Beyond Meat Inc. The lowest target is $5 and the highest is $7. Please note analyst price targets are not guaranteed and could be missed completely.
Beyond Meat Inc has a total of 11 Wall St Analyst ratings. There are 0 buy ratings, 6 ratings, and 5 sell ratings. Since most analysts have a hold consensus rating, the expectation is that Beyond Meat Inc will generate similar returns as the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of BYND.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
John Baumgartner Mizuho | Underperform | $5 | Maintains | Aug 26, 2024 |
Andrew Strelzik BMO Capital | Market Perform | $6 | Maintains | Aug 8, 2024 |
Bobby Burleson Canaccord Genuity | Hold | $7 | Maintains | May 10, 2024 |
Adam Samuelson Goldman Sachs | Sell | $3.5 | Maintains | May 9, 2024 |
Andrew Strelzik BMO Capital | Market Perform | $9 | Maintains | May 9, 2024 |
John Baumgartner Mizuho | Underperform | $6 | Maintains | Apr 22, 2024 |
Robert Moskow TD Cowen | Sell | $6 | Maintains | Apr 17, 2024 |
John Baumgartner Mizuho | Underperform | $7 | Maintains | Feb 29, 2024 |
Kristina Ruggeri Argus Research | Hold | Upgrade | Feb 29, 2024 | |
Andrew Strelzik BMO Capital | Market Perform | $10 | Maintains | Feb 28, 2024 |
Andrew Strelzik BMO Capital | Market Perform | $7 | Maintains | Nov 9, 2023 |
Benjamin Theurer Barclays | Underweight | $5 | Maintains | Nov 2, 2023 |
John Baumgartner Mizuho | Underperform | $5 | Downgrade | Oct 12, 2023 |
Michael Lavery Piper Sandler | Underweight | $3 | Maintains | Sep 22, 2023 |
Robert Moskow TD Cowen | Underperform | $10 | Initiates | Sep 13, 2023 |
Andrew Strelzik BMO Capital | Market Perform | $13 | Maintains | Aug 8, 2023 |
Benjamin Theurer Barclays | Underweight | $9 | Maintains | Jun 1, 2023 |
John Baumgartner Mizuho | Neutral | $12 | Maintains | May 12, 2023 |
Andrew Strelzik BMO Capital | Market Perform | $16 | Reinstates | Apr 14, 2023 |
Robert Moskow Credit Suisse | Underperform | $10 | Reiterates | Feb 27, 2023 |
When did it IPO
2019
Staff Count
686
Country
United States
Sector/Industry
Consumer Defensive/Packaged Foods
CEO
Mr. Ethan Brown
Market Cap
$296.7M
In 2023, BYND generated $343.4M in revenue, which was a decrease of -18.04% from the previous year. This can be seen as a signal that BYND's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Investments promising quick profits can be highly volatile and risky, despite their potential for rapid gains. Investors should be cautious.
Why It Matters - The excerpt highlights the risk-reward tradeoff in volatile investments, signaling potential for significant losses despite the lure of quick profits, impacting investment strategies and risk assessment.
Summary - Beyond Meat shares have fallen ~40% YTD despite Q3 revenue growth. Challenges include taste perception, high prices, reduced demand, and risks from limited liquidity and high debt.
Why It Matters - Beyond Meat's continued share decline highlights persistent consumer demand issues, financial instability, and high debt, posing risks for future growth and profitability.
Summary - Investors can utilize the Zacks Earnings ESP to identify stocks likely to surpass quarterly earnings estimates.
Why It Matters - The Zacks Earnings ESP highlights stocks likely to outperform quarterly earnings estimates, offering investors potential opportunities for gains in a competitive market.
Summary - Beyond Meat's plant-based links are now available at Whole Foods Market nationwide following a successful initial launch.
Why It Matters - Beyond Meat's expansion in Whole Foods could boost sales and market presence, signaling growing consumer demand for plant-based products, which may positively impact stock performance.
Summary - Shares of the alternative meat company continue to experience financial losses.
Why It Matters - Continued losses signal potential financial instability, raising concerns about growth prospects and profitability, which may lead to declining investor confidence and stock performance.
Summary - Beyond Meat's Q3 report indicates revenue growth and margin improvement, but rising cash burn and significant debt raise bankruptcy concerns, with a weakening balance sheet and unattractive valuation.
Why It Matters - Beyond Meat's rising cash burn and heavy debt raise bankruptcy risks, overshadowing revenue growth. Weak balance sheet and unattractive valuation compared to competitors signal potential investment risks.