Beyond Meat, Inc. (BYND)

NASDAQ: BYND · IEX Real-Time Price · USD
6.78
+0.06 (0.89%)
Apr 30, 2024, 10:34 AM EDT - Market open
0.89%
Market Cap 438.19M
Revenue (ttm) 343.38M
Net Income (ttm) -338.14M
Shares Out 64.68M
EPS (ttm) -5.26
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 522,128
Open 6.67
Previous Close 6.72
Day's Range 6.53 - 6.78
52-Week Range 5.58 - 19.25
Beta 2.42
Analysts Sell
Price Target 6.00 (-11.5%)
Earnings Date May 8, 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 6 analysts, the average rating for BYND stock is "Sell." The 12-month stock price forecast is $6.0, which is a decrease of -11.50% from the latest price.

Price Target
$6.0
(-11.50% downside)
Analyst Consensus: Sell
Stock Forecasts

News

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...

5 days 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...

12 days 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...

4 weeks 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...

4 weeks 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...

5 weeks 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...

5 weeks 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 ...

5 weeks 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
2 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...

2 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...

2 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.

2 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.

2 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...

2 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.

2 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.

2 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...

2 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...

2 months ago - Forbes

Beyond Meat introduces new, healthier burger

CNBC's Kate Rogers speaks with Beyond Meat CEO Ethan Brown on the company's introduction of a new, healthier burger with less saturated fat and sodium. The product will be sold in retail stores to sta...

2 months ago - CNBC Television

Beyond Meat revamps ingredients to help boost sales and stock

Plant-based food brand Beyond Meat (BYND) is scheduled to report fourth-quarter earnings next Tuesday, February 27. Yahoo Finance Executive Editor Brian Sozzi breaks down his conversation with CEO Eth...

2 months ago - Yahoo Finance

Beyond Meat revamps plant-based burger to boost weak sales — here's what's in it

CEO Ethan Brown said this is the biggest leap forward the brand has made since the Beyond Burger went on sale in 2016.

2 months ago - New York Post

Beyond Meat® Unveils Its Beyond IV Platform, the Fourth Generation of the Beyond Burger® and Beyond Beef®, With Significant Advancements Across Taste, Health and Clean Label

The company's meatiest, juiciest beef products yet, the new iterations are made with avocado oil, which provides heart-healthy monounsaturated fats, and have just 2g of saturated fat per serving with ...

2 months ago - GlobeNewsWire

Beyond Meat launches new, healthier version of burger in bid to bring back customers

Beyond Meat's move comes as retail sales of meat alternatives have fallen 33.6% compared with a year ago, according to Circana data.

2 months ago - CNBC

Investors should skip Beyond Meat on 'limited portfolio': Analyst

In the latest installment of Yahoo Finance's Good Buy or Goodbye, Julie Hyman is joined by Mizuho Managing Director John Baumgartne to discuss his stock picks to buy and avoid in the food sector. On t...

3 months ago - Yahoo Finance

Most shorted US stocks in 2024: FSR, UPST, BYND, LMND, AI

American stocks had a great performance in 2023 as the Nasdaq 100 index jumped by more than 55%. The blue-chip S&P 500 index rose by over 22%, making it one of its best years in a long time.

Other symbols: AILMNDUPST
4 months ago - Invezz

Beyond Meat: CEO discusses leadership, success, failure, and plant based food industry

Ethan Brown is one of the leaders taking on the meat industry, as Founder and CEO of Beyond Meat (BYND). Brown has managed to make deals with brands like Target (TGT) and Dunkin Donuts, and in May of ...

4 months ago - Yahoo Finance