Beyond Meat, Inc. (BYND)

NASDAQ: BYND · IEX Real-Time Price · USD
7.81
+0.23 (3.03%)
At close: Feb 23, 2024, 4:00 PM
7.98
+0.17 (2.18%)
After-hours: Feb 23, 2024, 7:59 PM EST
3.03%
Market Cap 504.06M
Revenue (ttm) 349.64M
Net Income (ttm) -249.90M
Shares Out 64.54M
EPS (ttm) -3.88
PE Ratio n/a
Forward PE 666.67
Dividend n/a
Ex-Dividend Date n/a
Volume 2,191,439
Open 7.70
Previous Close 7.58
Day's Range 7.38 - 7.81
52-Week Range 5.58 - 22.87
Beta 2.31
Analysts Sell
Price Target 8.00 (+2.43%)
Earnings Date Feb 27, 2024

About BYND

Beyond Meat, Inc. 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, convenience, 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 Beyond Meat, Inc. in Septe... [Read more]

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

Financial Performance

In 2022, Beyond Meat's revenue was $418.93 million, a decrease of -9.85% compared to the previous year's $464.70 million. Losses were -$366.14 million, 101.1% more than in 2021.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for BYND stock is "Sell." The 12-month stock price forecast is $8.0, which is an increase of 2.43% from the latest price.

Price Target
$8.0
(2.43% upside)
Analyst Consensus: Sell
Stock Forecasts

News

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...

4 days 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...

4 days 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.

4 days 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 ...

4 days 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.

4 days 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...

23 days 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: AIFSRLMNDUPST
7 weeks 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 ...

2 months ago - Yahoo Finance

Short Sellers Think These Stocks Will Tank in 2024. Investors Can Bet Otherwise.

The number of shorted shares has grown 23% since the end of 2020, but that doesn't mean traders are getting more bearish about the market.

2 months ago - Barrons

BYND's short interest hits 45%, is a squeeze imminent?

As the overall market and various leading sectors, such as the technology and financial sectors, trade near their 52-week highs, optimism and speculation have seemingly returned to the markets.

2 months ago - MarketBeat

Can Beyond Meat Stock Rebound After A 46% Drop This Year?

BYND stock has dropped from around $12 to $7 year-to-date, largely underperforming the broader indices, with the S&P growing about 18% over the same period.

3 months ago - Forbes

Beyond Meat's stock dips on drop in sales, weak revenue guidance

Beyond Meat Inc.'s BYND, -5.02% stock was sliding 1% in after-hours trading Wednesday after the fake-meat maker posted quarterly results that topped analyst revenue and earnings estimates. Beyond Meat...

3 months ago - Market Watch

Beyond Meat's stock slumps after profit warning as Q3 sales lag expectations

Beyond Meat Inc. BYND, -1.01% issued a profit warning for the third quarter and full year early Thursday and said it would cut 19% of its global non-production workforce after an expected return to gr...

4 months ago - Market Watch

Beyond Meat® Provides Select Third Quarter Financial Results, Revises 2023 Full Year Outlook, and Plans for Expense Reductions

Company is Pursuing Significant Operating Expense Reductions Beginning with a 19% Reduction in Non-Production Headcount

4 months ago - GlobeNewsWire

Top 5 Defensive Stocks Which Could Rescue Your Portfolio This Month - Beyond Meat (NASDAQ:BYND), Bruush Oral Care (NASDAQ:BRSH)

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.

Other symbols: BRSHELOTLYRMCF
4 months ago - Benzinga

Beyond Meat dips in premarket after Mizuho downgrades stock to underperform and reiterates buys on Oatly and SunOpta

Beyond Meat Inc.'s BYND, +3.27% stock was lower by 0.5% in premarket trading on Thursday after Mizuho Securities USA downgraded the plant-based food maker to underperform from neutral and cut its targ...

Other symbols: OTLY
4 months ago - Market Watch

AMC, Beyond Meat, DraftKings: Trending tickers August 8, 2023

AMC (AMC) reported second-quarter results that beat analyst estimates on both the top and bottom lines. CEO Adam Aron says the third quarter is off to an "explosive start" thanks to the strong perform...

Other symbols: DKNGAMC
7 months ago - Yahoo Finance

Paramount Global, Lucid Group, Beyond Meat, Chegg: After-hours movers August 8, 2023

Paramount Global (PARA) reported second-quarter results that beat Wall Street estimates. Lucid Group (LCID) reaffirmed its production goals for the year with the company believing that it will produce...

Other symbols: CHGGLCIDPARAPARAA
7 months ago - Yahoo Finance

Beyond Meat: A Promising Business With Severe Weaknesses

Founded in 2009 by Ethan Brown, Beyond Meat Inc. ( BYND , Financial) is known for its plant-based meat substitute. The company's mission is to create delicious, nutritious and sustainable protein so t...

7 months ago - GuruFocus

Beyond Meat Shares Tank As Weaker Consumer Appetite Drags Earnings

Beyond Meat's revenue declined 30% in the second quarter as consumers pulled back on buying plant-based meat.

7 months ago - Investopedia

Beyond Meat stock drops amid Q2 revenue miss tied to declining U.S. demand

Miller Tabak Managing Director and Equity Strategist Matt Maley spoke with Yahoo Finance Live anchors Brad Smith and Julie Hyman about Beyond Meat Q2 earnings.

7 months ago - Yahoo Finance

Beyond Meat stock slides more than 15% after company reports weak sales, cuts forecast

U.S. demand for Beyond's meat alternatives is declining at a faster rate, even as the company cuts its prices.

7 months ago - CNBC

Beyond Meat Looks `Undercooked' as Guidance Cut

The maker of plant-based meat alternatives slashed its full-year revenue outlook, citing softer demand and high inflation, among other factors.

7 months ago - Barrons

Beyond Meat stock price is plummeting again after bad earnings news. Here's why

Investors appear to be spooked not just by declining sales at the plant-based meat company, but also by its backtracking of an important cash-flow target. Shares of plant-based meat-alternative maker ...

7 months ago - Fast Company

Beyond Meat stock skids as revenue slumps, Paramount Global shares rise, and other stocks on the move

Paramount Global shares PARA, +2.94% rose 4% as the media company's adjusted earnings beat expectations and as it agreed to sell Simon & Schuster for $1.6 billion to KKR.

Other symbols: PARAPARAAKDLCID
7 months ago - Market Watch