Beyond Meat, Inc. (BYND)
NASDAQ: BYND · Real-Time Price · USD
5.15
+0.27 (5.53%)
At close: Nov 20, 2024, 4:00 PM
5.17
+0.02 (0.39%)
Pre-market: Nov 21, 2024, 7:40 AM EST
Beyond Meat Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Beyond Meat stock have an average target of 5.50, with a low estimate of 3.50 and a high estimate of 7.00. The average target predicts an increase of 6.80% from the current stock price of 5.15.
Analyst Consensus: Sell
* Price targets were last updated on Aug 26, 2024.
Analyst Ratings
The average analyst rating for Beyond Meat stock from 6 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 3 | 3 | 3 | 3 | 3 | 1 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Total | 8 | 8 | 8 | 8 | 8 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Sell Maintains $6 → $5 | Sell | Maintains | $6 → $5 | -2.91% | Aug 26, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $9 → $6 | Hold | Maintains | $9 → $6 | +16.50% | Aug 8, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $9 → $7 | Hold | Maintains | $9 → $7 | +35.92% | May 10, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $10 → $9 | Hold | Maintains | $10 → $9 | +74.76% | May 9, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $4 → $3.5 | Strong Sell | Maintains | $4 → $3.5 | -32.04% | May 9, 2024 |
Financial Forecast
Revenue This Year
332.33M
from 343.38M
Decreased by -3.22%
Revenue Next Year
343.66M
from 332.33M
Increased by 3.41%
EPS This Year
-2.13
from -5.26
EPS Next Year
-1.55
from -2.13
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 346.5M | 369.6M | 409.5M | |
| Avg | 332.3M | 343.7M | 362.4M | |
| Low | 313.7M | 296.9M | 321.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.9% | 11.2% | 19.2% | |
| Avg | -3.2% | 3.4% | 5.5% | |
| Low | -8.7% | -10.7% | -6.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -2.04 | -1.18 | -0.77 | |
| Avg | -2.13 | -1.55 | -1.15 | |
| Low | -2.15 | -1.85 | -1.42 |
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.