Beyond Meat Inc

Beyond Meat Inc Stock Forecast & Price Prediction

Live Beyond Meat Inc Stock (BYND) Price
$4.55

11

Ratings

  • Buy 0
  • Hold 6
  • Sell 5
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$4.55

P/E Ratio

-0.87

Volume Traded Today

$3.1M

Dividend

Dividends not available for BYND

52 Week High/low

12.12/4.46

Beyond Meat Inc Market Cap

$296.7M

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BYND Summary

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.

BYND Analyst Ratings

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.

BYND stock forecast by analyst

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

BYND Company Information

What They Do: Develops and sells plant-based meat products.

Business Model: The company generates revenue by manufacturing and marketing a variety of plant-based meat alternatives that mimic traditional meats such as beef, pork, and poultry. Its products are distributed through multiple channels, including grocery stores, mass merchandisers, club stores, and food service outlets like restaurants and schools, catering to a growing consumer demand for plant-based options.

Other Information: Beyond Meat was founded in 2008 and is headquartered in El Segundo, California. The company rebranded from Savage River, Inc. in September 2018, reflecting its focus on plant-based meat innovations.
BYND
Beyond Meat Inc (BYND)

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

Beyond Meat Inc (BYND) Financial Data

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

$406.8M

Revenue From 2021

$464.7M

14.24 %
From Previous Year

Revenue From 2022

$418.9M

-9.85 %
From Previous Year

Revenue From 2023

$343.4M

-18.04 %
From Previous Year
  • Revenue TTM $323.5M
  • Operating Margin TTM -38.2%
  • Gross profit TTM $-82,655,000
  • Return on assets TTM -14.1%
  • Return on equity TTM 65.9%
  • Profit Margin -83.6%
  • Book Value Per Share -9.39%
  • Market capitalisation $296.7M
  • Revenue for 2021 $464.7M
  • Revenue for 2022 $418.9M
  • Revenue for 2023 $343.4M
  • EPS this year (TTM) $-4.19

Beyond Meat Inc (BYND) Latest News

News Image

Fri, 29 Nov 2024

Sentiment - POSITIVE

Source - MarketBeat

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.

News Image

Thu, 21 Nov 2024

Sentiment - POSITIVE

Source - Seeking Alpha

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.

News Image

Thu, 21 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Thu, 14 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Thu, 07 Nov 2024

Sentiment - NEGATIVE

Source - The Motley Fool

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.

News Image

Thu, 07 Nov 2024

Sentiment - NEGATIVE

Source - Seeking Alpha

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.

...

BYND Frequently asked questions

The highest forecasted price for BYND is $7 from Andrew Strelzik at BMO Capital.

The lowest forecasted price for BYND is $5 from Adam Samuelson from Goldman Sachs

The BYND analyst ratings consensus are 0 buy ratings, 6 hold ratings, and 5 sell ratings.