Beyond Meat, Inc. (BYND)
NASDAQ: BYND · Real-Time Price · USD
6.51
+0.04 (0.54%)
Oct 4, 2024, 2:16 PM EDT - Market open
Beyond Meat Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Beyond Meat stock have an average target of 5.42, with a low estimate of 3.50 and a high estimate of 7.00. The average target predicts a decrease of -16.68% from the current stock price of 6.51.
Analyst Consensus: Sell
* Price targets were last updated on Aug 26, 2024.
Analyst Ratings
The average analyst rating for Beyond Meat stock from 7 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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 3 | 3 | 3 | 3 | 3 |
| Sell | 3 | 3 | 3 | 3 | 3 | 2 |
| Strong Sell | 1 | 2 | 2 | 2 | 2 | 2 |
| Total | 6 | 8 | 8 | 8 | 8 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Sell Maintains $6 → $5 | Sell | Maintains | $6 → $5 | -23.14% | Aug 26, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $9 → $6 | Hold | Maintains | $9 → $6 | -7.76% | Aug 8, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $9 → $7 | Hold | Maintains | $9 → $7 | +7.61% | May 10, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $10 → $9 | Hold | Maintains | $10 → $9 | +38.36% | May 9, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $4 → $3.5 | Strong Sell | Maintains | $4 → $3.5 | -46.20% | May 9, 2024 |
Financial Forecast
Revenue This Year
335.22M
from 343.38M
Decreased by -2.38%
Revenue Next Year
350.98M
from 335.22M
Increased by 4.70%
EPS This Year
-2.17
from -5.26
EPS Next Year
-1.63
from -2.17
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 357.0M | 401.7M | 460.1M | |
| Avg | 335.2M | 351.0M | 404.2M | |
| Low | 313.7M | 296.9M | 347.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.0% | 19.8% | 31.1% | |
| Avg | -2.4% | 4.7% | 15.2% | |
| Low | -8.7% | -11.4% | -1.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -2.01 | -1.16 | -1.26 | |
| Avg | -2.17 | -1.63 | -1.34 | |
| Low | -2.22 | -1.85 | -1.39 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| 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.