Beyond Meat, Inc. (BYND)
NASDAQ: BYND · IEX Real-Time Price · USD
6.41
+0.01 (0.16%)
At close: Apr 19, 2024, 4:00 PM
6.39
-0.02 (-0.31%)
After-hours: Apr 19, 2024, 7:59 PM EDT
Beyond Meat Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Beyond Meat stock have an average target of 6.20, with a low estimate of 3.00 and a high estimate of 10. The average target predicts a decrease of -3.28% from the current stock price of 6.41.
Analyst Consensus: Sell
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 2 | 2 | 2 |
| Sell | 4 | 4 | 4 | 4 | 4 | 3 |
| Strong Sell | 2 | 2 | 2 | 0 | 0 | 1 |
| Total | 9 | 9 | 9 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Sell Maintains $10 → $6 | Strong Sell | Maintains | $10 → $6 | -6.40% | Apr 17, 2024 |
| Argus Research | Argus Research | Strong Sell → Hold Upgrades n/a | Strong Sell → Hold | Upgrades | n/a | n/a | Feb 29, 2024 |
| Mizuho | Mizuho | Sell Maintains $5 → $7 | Sell | Maintains | $5 → $7 | +9.20% | Feb 29, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $7 → $10 | Hold | Maintains | $7 → $10 | +56.01% | Feb 28, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $13 → $7 | Hold | Maintains | $13 → $7 | +9.20% | Nov 9, 2023 |
Financial Forecast
Revenue This Year
336.40M
from 343.38M
Decreased by -2.03%
Revenue Next Year
363.38M
from 336.40M
Increased by 8.02%
EPS This Year
-2.35
from -5.26
EPS Next Year
-1.91
from -2.35
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 357.0M | 405.8M | 467.6M |
| Avg | 336.4M | 363.4M | 409.5M |
| Low | 308.7M | 293.2M | 355.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.0% | 20.6% | 28.7% |
| Avg | -2.0% | 8.0% | 12.7% |
| Low | -10.1% | -12.8% | -2.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.97 | -1.55 | -1.22 |
| Avg | -2.35 | -1.91 | -1.57 |
| Low | -2.94 | -2.40 | -1.84 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.