Beyond Meat, Inc. (BYND)
NASDAQ: BYND · Real-Time Price · USD
3.830
+0.280 (7.89%)
At close: Dec 26, 2024, 4:00 PM
3.860
+0.030 (0.78%)
Pre-market: Dec 27, 2024, 4:45 AM EST
Beyond Meat Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Beyond Meat stock have an average target of 5.50, with a low estimate of 3.50 and a high estimate of 7.00. The average target predicts an increase of 43.60% from the current stock price of 3.83.
Analyst Consensus: Sell
* Price targets were last updated on Aug 26, 2024.
Analyst Ratings
The average analyst rating for Beyond Meat stock from 6 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 3 | 3 | 3 | 3 | 3 | 1 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Total | 8 | 8 | 8 | 8 | 8 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Sell Maintains $6 → $5 | Sell | Maintains | $6 → $5 | +30.55% | Aug 26, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $9 → $6 | Hold | Maintains | $9 → $6 | +56.66% | Aug 8, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $9 → $7 | Hold | Maintains | $9 → $7 | +82.77% | May 10, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $10 → $9 | Hold | Maintains | $10 → $9 | +134.99% | May 9, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $4 → $3.5 | Strong Sell | Maintains | $4 → $3.5 | -8.62% | May 9, 2024 |
Financial Forecast
Revenue This Year
332.35M
from 343.38M
Decreased by -3.21%
Revenue Next Year
346.10M
from 332.35M
Increased by 4.14%
EPS This Year
-2.14
from -5.26
EPS Next Year
-1.57
from -2.14
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 346.5M | 369.6M | 409.5M | ||
| Avg | 332.4M | 346.1M | 366.2M | ||
| Low | 314.1M | 296.9M | 321.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.9% | 11.2% | 18.3% | ||
| Avg | -3.2% | 4.1% | 5.8% | ||
| Low | -8.5% | -10.7% | -7.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -2.17 | -1.18 | -1.31 | ||
| Avg | -2.14 | -1.57 | -1.38 | ||
| Low | -2.08 | -1.69 | -1.42 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.