Beyond Meat, Inc. (BYND)
| Market Cap | 335.80M |
| Revenue (ttm) | 323.47M |
| Net Income (ttm) | -270.53M |
| Shares Out | 65.20M |
| EPS (ttm) | -4.18 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,268,663 |
| Open | 4.90 |
| Previous Close | 4.88 |
| Day's Range | 4.90 - 5.23 |
| 52-Week Range | 4.83 - 12.12 |
| Beta | 2.29 |
| Analysts | Sell |
| Price Target | 5.50 (+6.8%) |
| Earnings Date | Nov 6, 2024 |
About BYND
Beyond Meat, Inc., a plant-based meat company, engages in the development, manufacture, marketing, and sale of plant-based meat products under the Beyond brand name in the United States and internationally. The company sells a range of plant-based meat products that replicates beef, pork, and poultry meats. 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... [Read more]
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 StatementsAnalyst Forecast
According to 6 analysts, the average rating for BYND stock is "Sell." The 12-month stock price forecast is $5.5, which is an increase of 6.80% from the latest price.
News
Beyond Sun Sausage™ Expands to Whole Foods Market
Following a successful initial launch, Beyond Meat's healthy, flavor-forward plant-based links are debuting at Whole Foods Market stores coast-to-coast
Beyond Meat Cuts Guidance Again
Beyond Meat's Q3 report showed decent revenue growth and margin improvement, but cash burn and a massive debt pile are major concerns. The company's balance sheet continues to weaken, with cash reserv...
Beyond Meat, Inc. (BYND) Q3 2024 Earnings Call Transcript
Beyond Meat, Inc. (BYND) Q3 2024 Earnings Call Transcript
Beyond Meat trims upper end of annual revenue forecast on weak faux meat demand
Beyond Meat cut the top end of its annual revenue forecast on Wednesday, as cost-conscious consumers cut back spending on its expensive faux meat products and switched to cheaper alternatives.
Beyond Meat® Reports Third Quarter 2024 Financial Results
EL SEGUNDO, Calif., Nov. 06, 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 third qu...
Beyond Meat® to Report Third Quarter 2024 Financial Results on November 6, 2024
EL SEGUNDO, Calif., Oct. 23, 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 ...
Beyond Meat Stock Has 24% YTD Decline, But Can Sentiment Change?
After almost a 24% decline this year, at the current price of around $6 per share, we believe Beyond Meat stock (NASDAQ: BYND), a plant-based meat alternative - is fairly priced. BYND stock has droppe...
Beyond Meat: Stronger Margins Suggest Turnaround Is Real
Beyond Meat's shares dropped 13.10% since May, but the company is showing fundamental improvements, particularly in gross margins and cost-cutting measures. Despite initial hopes tied to a bird flu ou...
Why Beyond Meat can still grow despite tough market
Beyond Meat (BYND) CEO Ethan Brown joins Yahoo Finance Executive Editor Brian Sozzi to discuss the company's growth since its IPO in May 2019 and some of its new product offerings. Brown notes that in...
Beyond Meat to launch new steak alternative as it focuses on health
Beyond Meat plans to launch a whole-muscle steak alternative that mimics the taste and texture of a filet. The plant-based meat company announced a turnaround plan earlier this year and is hoping to r...
Analyst: Why Beyond Meat is a stock to avoid
In the latest edition of Good Buy or Goodbye, host Josh Lipton welcomes Mizuho managing director and senior consumer equity research analyst John Baumgartner to discuss the best investing strategies w...
Can Increased Prices Snap Beyond Meat Stock From Its Long Standing Downtrend?
After almost a 28% decline this year, at the current price of around $6 per share, we believe Beyond Meat stock (NASDAQ: BYND), a plant-based meat alternative - is fairly priced. BYND stock has droppe...
Beyond Meat: In Spite Of Improving Gross Margins, There's Little To Cheer Here
Shares of Beyond Meat saw a brief respite after posting better-than-expected Q2 results. Revenue declines softened, while gross margins made a major recovery on the back of an increase in prices. Afte...
Beyond Meat Bankruptcy Risk Rises
Beyond Meat stock has been one of the market's worst performers, losing over half its value due to revenue growth troubles. The company's Q2 report showed a smaller than expected revenue decline and i...
Beyond Meat reports better-than-expected sales, though demand remains weak
Beyond Meat on Wednesday reported better-than-expected sales in the second quarter despite continuing weak demand for its plant-based burgers, chicken and other products.
Beyond Meat raises annual revenue forecast
Beyond Meat raised its forecast for annual revenue on Wednesday, as it benefits from a string of price hikes on its plant-based meat products amid sticky inflation, sending its shares up 16% after the...
Beyond Meat® Reports Second Quarter 2024 Financial Results
EL SEGUNDO, Calif., Aug. 07, 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 second q...
Beyond Meat® to Report Second Quarter 2024 Financial Results on August 7, 2024
EL SEGUNDO, Calif., July 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 ...
Beyond Meat engages with bondholders to discuss balance-sheet restructuring, WSJ reports
Beyond Meat has engaged with a group of bondholders to initiate discussions about a balance-sheet restructuring, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
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
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...
Beyond Meat: Bird Flu Is Big
Despite challenges, Beyond Meat's total addressable market could expand, especially if a bird flu epidemic impacts US cattle & poultry supplies. Strategic efforts to turn around operational costs and ...
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.
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...
Beyond Meat, Inc. (BYND) Q1 2024 Earnings Call Transcript
Beyond Meat, Inc. (NASDAQ:BYND) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Paul Shepherd - VP, FP&A & IR Ethan Brown - Founder, President & CEO Lubi Kutua - CFO & Tr...