Beyond Meat, Inc. (BYND)
NASDAQ: BYND · IEX Real-Time Price · USD
6.13
-0.30 (-4.67%)
At close: Jul 19, 2024, 4:00 PM
6.17
+0.04 (0.65%)
Pre-market: Jul 22, 2024, 7:24 AM EDT
Beyond Meat Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Beyond Meat stock have an average target of 5.64, with a low estimate of 3.00 and a high estimate of 9.00. The average target predicts a decrease of -7.99% from the current stock price of 6.13.
Analyst Consensus: Sell
* Price targets were last updated on May 10, 2024.
Analyst Ratings
The average analyst rating for Beyond Meat stock from 8 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 3 | 3 | 3 |
| Sell | 4 | 4 | 3 | 3 | 3 | 3 |
| Strong Sell | 0 | 0 | 1 | 2 | 2 | 2 |
| Total | 6 | 6 | 6 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $9 → $7 | Hold | Maintains | $9 → $7 | +14.19% | May 10, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $10 → $9 | Hold | Maintains | $10 → $9 | +46.82% | May 9, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $4 → $3.5 | Strong Sell | Maintains | $4 → $3.5 | -42.90% | May 9, 2024 |
| Mizuho | Mizuho | Sell Maintains $7 → $6 | Sell | Maintains | $7 → $6 | -2.12% | Apr 22, 2024 |
| TD Cowen | TD Cowen | Strong Sell Maintains $10 → $6 | Strong Sell | Maintains | $10 → $6 | -2.12% | Apr 17, 2024 |
Financial Forecast
Revenue This Year
329.24M
from 343.38M
Decreased by -4.12%
Revenue Next Year
350.92M
from 329.24M
Increased by 6.58%
EPS This Year
-2.20
from -5.26
EPS Next Year
-1.62
from -2.20
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 346.7M | 392.2M | 446.6M | 389.6M |
| Avg | 329.2M | 350.9M | 389.5M | 376.4M |
| Low | 306.6M | 290.4M | 342.0M | 359.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.0% | 19.1% | 27.3% | 0.0% |
| Avg | -4.1% | 6.6% | 11.0% | -3.4% |
| Low | -10.7% | -11.8% | -2.5% | -7.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -1.85 | -1.08 | -1.23 | -1.00 |
| Avg | -2.20 | -1.62 | -1.37 | -1.06 |
| Low | -2.31 | -1.94 | -1.49 | -1.10 |
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.