Beyond Meat, Inc. (BYND)

NASDAQ: BYND · IEX Real-Time Price · USD
6.92
+0.17 (2.52%)
At close: Jul 2, 2024, 4:00 PM
6.93
+0.01 (0.14%)
After-hours: Jul 2, 2024, 7:59 PM EDT
2.52%
Market Cap 449.00M
Revenue (ttm) 326.74M
Net Income (ttm) -333.47M
Shares Out 64.88M
EPS (ttm) -5.17
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,158,478
Open 6.70
Previous Close 6.75
Day's Range 6.61 - 6.94
52-Week Range 5.58 - 19.25
Beta 2.44
Analysts Sell
Price Target 5.64 (-18.5%)
Earnings Date Aug 5, 2024

About BYND

Beyond Meat, Inc., a plant-based meat company, 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 stores, 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 Bey... [Read more]

Industry Packaged Foods
IPO Date May 2, 2019
Employees 787
Stock Exchange NASDAQ
Ticker Symbol BYND
Full Company Profile

Financial Performance

In 2023, Beyond Meat's revenue was $343.38 million, a decrease of -18.04% compared to the previous year's $418.93 million. Losses were -$338.14 million, -7.65% less than in 2022.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for BYND stock is "Sell." The 12-month stock price forecast is $5.64, which is a decrease of -18.50% from the latest price.

Price Target
$5.64
(-18.50% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Beyond Meat® Expands Beyond IV Product Line with the Debut of New Beyond Sausage® at Grocery Stores Nationwide, Including at Kroger and Whole Foods Market

The delicious, fourth generation Beyond Sausage offers enhanced flavor and meaty texture while raising the bar on nutrition and earning recognition from leading health organizations

12 days ago - GlobeNewsWire

Analyst's Squeeze Play: Can Beyond Meat, Aurora Cannabis Juice The Shorted Stocks?

A short squeeze forces investors betting on a stock's decline (short sellers) to buy back shares at a higher price to avoid losses, triggering a price surge. Analyst Faizan Farooque sees this potentia...

Other symbols: ACB
14 days ago - Benzinga

Beyond Meat is 'on better footing' despite Q1 earnings miss, says CEO Ethan Brown

Beyond Meat CEO Ethan Brown joins CNBC's 'The Exchange' to discuss new products, how the company is moving forward after Q1 earnings disappointment, and more.

7 weeks ago - CNBC Television

BYND stock price and the dying plant-based meat industry

Beyond Meat (NASDAQ: BYND) stock price has been in a strong bull run as it surged by 40% between April 25th and May 6th. It then suffered a harsh reversal on Wednesday after the company published weak...

7 weeks ago - Invezz

Beyond Meat reports wider loss, quarterly sales decline

Beyond Meat posted wider-than-expected quarterly loss and an 18% drop in revenue as its higher priced plant-based meat products hit volumes.

7 weeks ago - Reuters

Beyond Meat faces less demand, more discounts for its fake meat

Shares of Beyond Meat Inc. fell more than 9% in the extended session Wednesday after the fake-meat maker reported a mixed quarter, called for weaker future sales and said consumers have further cooled...

7 weeks ago - Market Watch

Beyond Meat® Reports First Quarter 2024 Financial Results

EL SEGUNDO, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND) (“Beyond Meat” or “the Company”), a leader in plant-based meat, today reported financial results for its first qua...

7 weeks ago - GlobeNewsWire

Down 8% This Year, Will Beyond Meat Stock Recover Following Q1 Results?

Beyond Meat stock (NASDAQ NASDAQ : BYND), a plant-based meat alternative company, is scheduled to report its fiscal first-quarter results on Wednesday, May 8. We expect BYND's stock to likely trade lo...

7 weeks ago - Forbes

Beyond Meat® to Report First Quarter 2024 Financial Results on May 8, 2024

EL SEGUNDO, Calif., April 24, 2024 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND) (“Beyond Meat” or “the Company”), a leader in plant-based meat, announced today it will report financial results...

2 months ago - GlobeNewsWire

Beyond IV, the Fourth Generation of the Beyond Burger® and Beyond Beef®, Debuts at Grocery Stores Across the U.S. Including at Walmart and Kroger

The new products are the company's meatiest, juiciest beef products yet, provide 21g of plant-based protein and are made with avocado oil, which offers heart-healthy monounsaturated fats, and helped l...

2 months ago - GlobeNewsWire

Beyond Meat CEO talks new offerings, sticky perceptions of plant-based food

Beyond Meat (BYND) recently launched an updated and expanded selection of its "Crumbles" product line, which has been certified by the American Heart Association's Heart-Check program and the American...

3 months ago - Yahoo Finance

Beyond Meat® Unveils New and Expanded Line of Beyond Crumbles, Now Certified by the American Heart Association's Heart-Check Program and the American Diabetes Association's Better Choices for Life Program

EL SEGUNDO, Calif., March 28, 2024 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND), a leader in plant-based meat, today announced a newly renovated and expanded line of Beyond Crumbles rolling ou...

3 months ago - GlobeNewsWire

Levi & Korsinsky Reminds Beyond Meat Investors of the Ongoing Investigation into Potential Violations of Securities Laws - BYND

NEW YORK, NY / ACCESSWIRE / March 22, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Beyond Meat, Inc. ("Beyond Meat") (NASDAQ:BYND) concerning possible violation...

3 months ago - Accesswire

Beyond Meat, Inc. Investigation Ongoing: Contact Levi & Korsinsky to Discuss Your Rights - BYND

NEW YORK, NY / ACCESSWIRE / March 20, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Beyond Meat, Inc. ("Beyond Meat") (NASDAQ:BYND) concerning possible violation...

3 months ago - Accesswire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Beyond Meat, Inc. - BYND

NEW YORK, March 19, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Beyond Meat, Inc. ("Beyond Meat" or the "Company") (NASDAQ: BYND).  Such investors are advised ...

3 months ago - PRNewsWire

Three Stock Lunch: United Health, Ebay and Beyond Meat

Eva Ados, ERShares CIO, joins 'Power Lunch' to discuss Ados' investing take on three stocks: United Health, Ebay and Beyond Meat.

Other symbols: EBAY
4 months ago - CNBC Television

Beyond Meat stock price skyrockets after it announces a major cost-cutting plan

Beyond Meat (NASDAQ: BYND) experienced a significant surge in its stock value during after-hours trading on Tuesday and continuing on Wednesday following the company's stated commitment to cost reduct...

4 months ago - Fast Company

Beyond Meat stock skyrockets, soaring over cost-cutting plans

Shares of Beyond Meat (BYND) are flying high Wednesday morning following the company's fourth-quarter earnings call, where it outlined plans to reduce expenses and turn profitable. The plant-based mea...

4 months ago - Yahoo Finance

Beyond Meat (BYND): “Sweeping Changes” Coming to Boost Profits

Beyond Meat (BYND) rallies on cost-cutting plans. Renita Young discusses this as the Beyond Meat CEO notes that “sweeping changes” are coming to help boost profits.

4 months ago - Schwab Network

Beyond Meat Stock Surges on Plans to Cut Costs and Boost Margins. Analysts Are Skeptical.

Beyond Meat plans to increase profit margins both by reducing costs and raising prices.

4 months ago - Barrons

Beyond Meat's stock is sizzling, up nearly 75% on growing gross margins

Beyond Meat Inc.'s stock hurtled nearly 75% higher in after-hours trading Tuesday following the company's quarterly results that included a forecast of gross margins in the mid- to high-teens for 2024...

4 months ago - Market Watch

Beyond Meat Stock Jumps as Revenue Tops Expectations

For the last three months of 2023, the plant-based meat company reported $155 million in net losses, or $2.40 per share, on $73.7 million in net revenue.

4 months ago - Barrons

Beyond Meat to increase prices, cut costs 'steeply' in 2024; shares soar

Beyond Meat said it would ramp up product prices and "steeply reduce" costs this year after topping market expectations for quarterly revenue on Tuesday, sending its shares up 75% in extended trade.

4 months ago - Reuters

Beyond Meat® Reports Fourth Quarter and Full Year 2023 Financial Results

EL SEGUNDO, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND) (“Beyond Meat” or “the Company”), a leader in plant-based meat, today reported financial results for its fourth q...

4 months ago - GlobeNewsWire

Down 38% Since 2023, How Will Beyond Meat Stock Trend Post Q4 Results?

Beyond Meat stock (NASDAQ NDAQ : BYND), a plant-based meat alternative company, is scheduled to report its fiscal fourth-quarter results on Tuesday, February 27. We expect BYND's stock to likely to se...

4 months ago - Forbes