Should I buy or sell Beyond Meat stock right now?

8 Wall Street equities research 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 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?

8 Wall Street analysts have issued 1-year price objectives for Beyond Meat's stock. Their BYND share price targets range from $3.00 to $18.00. On average, they anticipate the company's share price to reach $7.88 in the next year. This suggests that the stock has a possible downside of 11.5%. View analysts price targets for BYND or view top-rated stocks among Wall Street analysts .

How have BYND shares performed in 2023?

Beyond Meat's stock was trading at $12.31 at the beginning of 2023. Since then, BYND stock has decreased by 27.7% and is now trading at $8.90. View the best growth stocks for 2023 here .

When is Beyond Meat's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024. View our BYND earnings forecast .

How were Beyond Meat's earnings last quarter?

Beyond Meat, Inc. (NASDAQ:BYND) posted its quarterly earnings data on Wednesday, November, 8th. The company reported ($1.09) EPS for the quarter, missing the consensus estimate of ($0.83) by $0.26. The company earned $75.31 million during the quarter, compared to the consensus estimate of $86.45 million. The company's revenue was down 8.7% compared to the same quarter last year. During the same period in the previous year, the firm posted ($1.60) earnings per share.

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) , WisdomTree BioRevolution Fund (WDNA) and VanEck Future of Food ETF (YUMY) . VanEck Agribusiness ETF (MOO) .

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?

(BYND) raised $176 million in an IPO 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 served as the underwriters for the IPO and BofA Merrill Lynch, Jefferies and William Blair were co-managers.

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

$8.90

+0.18 (+2.06%)

(As of 12/29/2023 ET)

Compare

Today's Range: $8.65
▼
$9.47
50-Day Range: $5.68
▼
$10.55
52-Week Range: $5.58
▼
$22.87

Volume: 3.70 million shs
Average Volume: 3.97 million shs
Market Capitalization: $574.41 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $7.88

Beyond Meat MarketRank™ Stock Analysis

Analyst Rating: Strong Sell
1.25 Rating Score
Upside/Downside: 11.5% Downside
$7.88 Price Target
Short Interest: Healthy
42.21% of Float Sold Short
Dividend Strength: N/A
Sustainability: -2.49
Upright™ Environmental Score
News Sentiment: 0.51
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($3.74) to ($2.92) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.21 out of 5 stars

Consumer Staples Sector

129th out of 135 stocks

Food & Kindred Products Industry

13th out of 15 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 1.25, and is based on no buy ratings, 2 hold ratings, and 6 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $7.88, Beyond Meat has a forecasted downside of 11.5% from its current price of $8.90.
Amount of Analyst Coverage
Beyond Meat has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
42.21% 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 8.8.
Change versus previous month
Short interest in Beyond Meat has recently decreased by 5.55%, indicating that investor sentiment is improving significantly.

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.

3.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Beyond Meat has received a 41.07% 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 -2.49.

2.5

News and Social Media Coverage

News Sentiment
Beyond Meat has a news sentiment score of 0.51. 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 0.77 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Beyond Meat this week, compared to 6 articles on an average week.
Search Interest
72 people have searched for BYND on MarketBeat in the last 30 days. This is an increase of 85% compared to the previous 30 days.
MarketBeat Follows
8 people have added Beyond Meat to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

0.0

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
Only 38.19% of the stock of Beyond Meat is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Beyond Meat are expected to grow in the coming year, from ($3.74) to ($2.92) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Beyond Meat is -2.29, 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 -2.29, 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

About Beyond Meat Stock (NASDAQ:BYND)

Beyond Meat, Inc. 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, convenience, 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 founded in 2009 and is headquartered in El Segundo, California.

BYND Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BYND Stock News Headlines

December 15, 2023 | marketbeat.com

Small cap coffee stock Westrock goes north as SBUX slides (BYND)

While Starbucks has become a potent brew of negative market sentiment lately, Westrock Coffee has been quietly brewing a deal for small cap value investors.

December 9, 2023 | marketbeat.com

MarketBeat Week in Review – 12/4 - 12/8 (BYND)

Stocks finished in the green to close the week; investors believe the jobs report will allow the Fed to leave interest rates unchanged when they meet next week

December 31, 2023 | MarketBeat Internal (Ad)

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December 6, 2023 | marketbeat.com

BYND's short interest hits 45%, is a squeeze imminent?

Beyond Meat's short interest hits 45.82%, steadily climbing since mid-October as the stock breaks out of its downtrend and hints at further upside.

December 31, 2023 | americanbankingnews.com

Beyond Meat (NASDAQ:BYND) Trading Up 3%

December 30, 2023 | fool.com

Forget Beyond Meat: Here's a Better Growth Stock for 2024

December 30, 2023 | ca.finance.yahoo.com

BYND Jan 2024 11.000 put

December 28, 2023 | fool.com

A Bull Market Is Coming, but These 2 Stocks Could Be Left Behind

December 31, 2023 | MarketBeat Internal (Ad)

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December 20, 2023 | fool.com

Up 50% in the Past Month, Is Beyond Meat Stock a Buy?

December 14, 2023 | forbes.com

Where’s The Beef -- Substitute? Plant-Based Meat Sales Slip

December 11, 2023 | seekingalpha.com

Beyond Meat: No Path To Recovery

December 9, 2023 | nasdaq.com

Is Beaten-Down Beyond Meat a Good Buy Under $10?

December 7, 2023 | finance.yahoo.com

BYND Dec 2023 4.500 call

December 5, 2023 | msn.com

Short Squeeze Alert: Beyond Meat Stock Up 24% In 5 Days - FINRA Sale Volume Provides Evidence

December 4, 2023 | uk.finance.yahoo.com

Beyond Meat, Inc. (BYND)

December 4, 2023 | finance.yahoo.com

Why Beyond Meat Stock Jumped 22% in November

December 3, 2023 | finance.yahoo.com

3 Things Beyond Meat Will Need to Do in 2024 (if It Wants to Survive)

November 26, 2023 | finance.yahoo.com

Beyond Meat Stock Has Passed Its "Sell By" Date. 2 Reasons You Should Get Out

November 24, 2023 | finance.yahoo.com

Beyond Meat Shares Are Rising: Is the Stock Headed for a Turnaround?

November 23, 2023 | seekingalpha.com

Beyond Meat Is Beyond Saving

November 22, 2023 | forbes.com

Can Beyond Meat Stock Rebound After A 46% Drop This Year?

November 22, 2023 | msn.com

Beyond Meat Stock (NASDAQ:BYND): Too Troubled, Even for Speculators

November 19, 2023 | morningstar.com

Beyond Meat Inc BYND

November 15, 2023 | investorplace.com

Why Is Beyond Meat (BYND) Stock Up 7% Today?

November 15, 2023 | finance.yahoo.com

Where Will Beyond Meat Stock Be in 5 Years?

November 10, 2023 | seekingalpha.com

Beyond Meat's Future Is More Uncertain Than Ever

See More Headlines

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Company Calendar

Last Earnings: 11/08/2023
Today: 12/31/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/22/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Food & kindred products
Sub-Industry: N/A
Sector: Consumer Staples
Current Symbol: NASDAQ:BYND
CUSIP: N/A
CIK: 1655210
Web: www.beyondmeat.com
Phone: (866) 756-4112
Fax: N/A
Employees: 787
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $7.88
High Stock Price Target: $18.00
Low Stock Price Target: $3.00
Potential Upside/Downside: -11.5%
Consensus Rating: Strong Sell
Rating Score (0-4): 1.25
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.89)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-366,140,000.00
Net Margins: -71.47%
Pretax Margin: -68.05%
Return on Equity: N/A
Return on Assets: -25.33%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 5.98
Quick Ratio: 3.51

Sales & Book Value

Annual Sales: $418.93 million
Price / Sales: 1.37
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($3.19) per share
Price / Book: -2.79

Miscellaneous

Outstanding Shares: 64,540,000
Free Float: 59,442,000
Market Cap: $574.41 million
Optionable: Not Optionable
Beta: 2.28

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Key Executives

Mr. Ethan Brown (Age 51)
Founder, President, CEO & Director
Comp: $515.38k
Mr. Lubi Kutua (Age 43)
VP of FP&A & Investor Relations, CFO and Treasurer
Comp: $357.27k
Ms. Teri L. Witteman Esq. (Age 55)
Chief Legal Officer & Secretary
Comp: $408.07k
Dr. Dariush Ajami Ph.D. (Age 48)
Chief Innovation Officer
Comp: $425.64k
Mr. Jonathan P Nelson (Age 58)
Senior Vice President of Operations
Mr. Henry Dieu (Age 38)
VP of Corporate Controller & Principal Accounting Officer
Ms. Shira Zackai
Head of Communications & VP
Mr. Akerho Oghoghomeh
Senior Vice President of Global Marketing
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?: 8 Wall Street equities research 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 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?: 8 Wall Street analysts have issued 1-year price objectives for Beyond Meat's stock. Their BYND share price targets range from $3.00 to $18.00. On average, they anticipate the company's share price to reach $7.88 in the next year. This suggests that the stock has a possible downside of 11.5%.
View analysts price targets for BYND or view top-rated stocks among Wall Street analysts.
How have BYND shares performed in 2023?: Beyond Meat's stock was trading at $12.31 at the beginning of 2023. Since then, BYND stock has decreased by 27.7% and is now trading at $8.90.
View the best growth stocks for 2023 here.
When is Beyond Meat's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our BYND earnings forecast.
How were Beyond Meat's earnings last quarter?: Beyond Meat, Inc. (NASDAQ:BYND) posted its quarterly earnings data on Wednesday, November, 8th. The company reported ($1.09) EPS for the quarter, missing the consensus estimate of ($0.83) by $0.26. The company earned $75.31 million during the quarter, compared to the consensus estimate of $86.45 million. The company's revenue was down 8.7% compared to the same quarter last year. During the same period in the previous year, the firm posted ($1.60) earnings per share.
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), WisdomTree BioRevolution Fund (WDNA) and VanEck Future of Food ETF (YUMY).VanEck Agribusiness ETF (MOO).

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?: (BYND) raised $176 million in an IPO 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 served as the underwriters for the IPO and BofA Merrill Lynch, Jefferies and William Blair were co-managers.
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 12/31/2023 by MarketBeat.com Staff

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