Beyond Meat
BYND

$5.92

4.19%

Market Cap: $385M

About: Beyond Meat Inc is a provider of plant-based meat company offering a portfolio of revolutionary plant-based meats. It builds meat directly from plants, an innovation that enables consumers to experience the taste, texture and other sensory attributes of popular animal-based meat products while enjoying the nutritional and environmental benefits of eating plant-based meat product It has products such as burgers, sausage, ground beef, jerky, meatballs and chicken. The company generates revenue from sales of its products to the customers across mainstream grocery, mass merchandiser, club store, convenience store and natural retailer channels, and various food-away-from-home channels, including restaurants, foodservice outlets and schools, mainly in the United States.

Employees: 686

Consumer Staples Food & Kindred Products

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

3.97% less ownership

Funds ownership: 47.66% [Q1] → 43.69% (-3.97%) [Q2]

7% less funds holding

Funds holding: 228 [Q1] → 213 (-15) [Q2]

16% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 58

27% less capital invested

Capital invested by funds: $213M [Q1] → $155M (-$57.6M) [Q2]

34% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 44

65% less call options, than puts

Call options by funds: $52.2M | Put options by funds: $147M

See Fund Rankings

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$5

16%

downside

Avg. target

$5.50

7%

downside

High target

$6

1%

upside

2 analyst ratings

0 positive

0%

1 neutral

50%

1 negative

50%

Mizuho John Baumgartner 80% 1-year accuracy 16 / 20 met price target	16%downside $5	Underperform Maintained	26 Aug 2024
BMO Capital Andrew Strelzik 52% 1-year accuracy 16 / 31 met price target	1%upside $6	Market Perform Maintained	8 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 8 articles about BYND published over the past 30 days

Why Beyond Meat can still grow despite tough market

Beyond Meat (BYND) CEO Ethan Brown joins Yahoo Finance Executive Editor Brian Sozzi to discuss the company's growth since its IPO in May 2019 and some of its new product offerings. Brown notes that in the five years since Beyond Meat's IPO, the company has seen both "tremendous growth" and a "contraction" in the market, yet still continues to lead the industry: "There's an enormous disruption in the sense of this is going to be something that displaces animal protein.

Why Beyond Meat can still grow despite tough market

Beyond Meat to launch new steak alternative as it focuses on health

Beyond Meat plans to launch a whole-muscle steak alternative that mimics the taste and texture of a filet. The plant-based meat company announced a turnaround plan earlier this year and is hoping to revive sales.

Beyond Meat to launch new steak alternative as it focuses on health

Analyst: Why Beyond Meat is a stock to avoid

In the latest edition of Good Buy or Goodbye, host Josh Lipton welcomes Mizuho managing director and senior consumer equity research analyst John Baumgartner to discuss the best investing strategies when assessing health conscious consumers. Baumgartner names BellRing Brands (BRBR) as a stock to buy for investors, noting the company is a "leader in the US ready-to-drink protein shake category.

Analyst: Why Beyond Meat is a stock to avoid

The Motley Fool

Is Beyond Meat Stock Beyond Repair?

After the product attracted widespread interest, consumers and restaurants now buy less plant-based meat. Amid ongoing losses, it is not well positioned to issue more shares or take on new debt.

Is Beyond Meat Stock Beyond Repair?

Can Increased Prices Snap Beyond Meat Stock From Its Long Standing Downtrend?

After almost a 28% decline this year, at the current price of around $6 per share, we believe Beyond Meat stock (NASDAQ: BYND), a plant-based meat alternative - is fairly priced. BYND stock has dropped from around $9 to $6 year-to-date, largely underperforming the broader indices, with the S&P growing about 17% over the same period.

Can Increased Prices Snap Beyond Meat Stock From Its Long Standing Downtrend?

3 Plant-Based Food Stocks to Sell in August Before They Crash & Burn

A few years ago, venture capital poured a lot of money into the plant-based foods market. At the time, the possibilities seemed bright.

3 Plant-Based Food Stocks to Sell in August Before They Crash & Burn

Beyond Meat: In Spite Of Improving Gross Margins, There's Little To Cheer Here

Shares of Beyond Meat saw a brief respite after posting better-than-expected Q2 results. Revenue declines softened, while gross margins made a major recovery on the back of an increase in prices. After previously slashing prices to develop more points of sale, the company has prioritized protecting its margin. Net price per pound has increased ~20% in U.S. retail, its largest segment.

Beyond Meat: In Spite Of Improving Gross Margins, There's Little To Cheer Here

Beyond Meat Bankruptcy Risk Rises

Beyond Meat stock has been one of the market's worst performers, losing over half its value due to revenue growth troubles. The company's Q2 report showed a smaller than expected revenue decline and improved margins, but also more losses and cash burn. With a debt heavy balance sheet, management has a lot of work to do to keep the company afloat moving forward.

Beyond Meat Bankruptcy Risk Rises

The Motley Fool

Why Beyond Meat Stock Is Sizzling Today

Beyond Meat's second-quarter results were a mixed bag, but with some relative bright spots. As for growth, however, the company is seemingly shrinking its way toward profitability.

Why Beyond Meat Stock Is Sizzling Today

Big Mover: Why Is Beyond Meat (BYND) Stock Soaring 18% Today?

Beyond Meat (NASDAQ: BYND ) stock is climbing higher on Thursday after the maker of plant-based meat alternatives released its earnings report for the second quarter of the year. Beyond Meat reported earnings per share of -53 cents during the quarter.

Big Mover: Why Is Beyond Meat (BYND) Stock Soaring 18% Today?

See News Rankings