BeyondBYON
BYON
About: Beyond Inc is an online retailer that provides products and services through websites. The company offers a broad range of products, including furniture, décor, area rugs, bedding and bath, home improvement, outdoor, and kitchen and dining items, BMMG (like books, magazines, CDs), electronics, and other items. The home and garden product line accounts for a material part of its total revenue. The company operates through a direct business that makes sales from the company's own inventory, and a partner business that sells merchandise from manufacturers, distributors, and other suppliers through the company's websites. The company generates the majority of its total revenue from partner business in terms of business format, and from the U.S. in terms of market.
Employees: 830
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
83% more call options, than puts
Call options by funds: $30.8M | Put options by funds: $16.9M
10% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 59
6% less funds holding
Funds holding: 207 [Q2] → 195 (-12) [Q3]
8.38% less ownership
Funds ownership: 68.52% [Q2] → 60.13% (-8.38%) [Q3]
26% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 47
32% less capital invested
Capital invested by funds: $410M [Q2] → $277M (-$133M) [Q3]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$8
57%
upside
Avg. target
$12.83
152%
upside
High target
$26
411%
upside
6 analyst ratings
3 positive
50%
3 neutral
50%
0 negative
0%
Barclays Seth Sigman 67% 1-year accuracy 32 / 48 met price target | 57%upside $8 | Equal-Weight Maintained | 29 Oct 2024 |
Maxim Group Tom Forte 50% 1-year accuracy 7 / 14 met price target | 411%upside $26 | Buy Maintained | 25 Oct 2024 |
Wedbush Michael Pachter 53% 1-year accuracy 31 / 59 met price target | 195%upside $15 | Outperform Maintained | 25 Oct 2024 |
Piper Sandler Peter Keith 65% 1-year accuracy 30 / 46 met price target | 57%upside $8 | Neutral Maintained | 25 Oct 2024 |
Needham Bernie McTernan 68% 1-year accuracy 90 / 132 met price target | 77%upside $9 | Buy Maintained | 25 Oct 2024 |
Financial journalist opinion
Neutral
GlobeNewsWire
23 hours ago
Beyond, Inc. Announces Sale of Corporate Headquarters Closing
— Company On Track to Deliver $65 Million Annualized Fixed Cost Reduction — — Company to Maintain Presence in Salt Lake City — MIDVALE, Utah, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Beyond, Inc. (NYSE:BYON), owner of Bed Bath & Beyond, Overstock, Zulily, and other online retail brands designed to unlock your family's and home's potential (“the Company”), today announced that it has completed the transaction with Salt Lake County to sell the Company's corporate headquarters located in Midvale, Utah on December 20, 2024. The sale of the corporate headquarters aligns with the Company's strategic plan to reduce debt and fixed costs, free up capital for new growth opportunities, and generate cash flow.
Negative
Market Watch
4 weeks ago
Beyond Inc. was set to rescue the Container Store. Now that's off the table.
Beyond says it can't move ahead with its planned $40 million investment.
Neutral
Business Wire
1 month ago
Beyond, Inc. Provides Update to Its Investors Regarding Transaction with The Container Store Group, Inc.
MIDVALE, Utah--(BUSINESS WIRE)--Beyond, Inc. (NYSE:BYON), an asset-light ecommerce and affinity data monetization company offering a comprehensive array of products and services that enable its customers to unlock their home's potential, today provided an update regarding the proposed financing arrangements for its pending transaction with The Container Store Group, Inc. (“The Container Store”). When Beyond entered into the Securities Purchase Agreement dated October 15, 2024 (the "Purchase Agr.
Neutral
Seeking Alpha
1 month ago
Is It Beyond Time For Some Changes At Beyond, Inc.?
Executive Chairman Marcus Lemonis has faced criticism for repeated missteps, leading to a 75% decline in BYON shares since he took over. BYON's cash adjusted market cap is down to $135 million, making it both a great acquisition target and a great candidate for a stock buyback. The company's blockchain assets, tZERO and Medici, are significantly more valuable than the retail ops based on current market values and this needs to be communicated to investors.
Neutral
GlobeNewsWire
1 month ago
BEYOND ALERT: Bragar Eagel & Squire, P.C. is Investigating Beyond, Inc. on Behalf of Beyond Stockholders and Encourages Investors to Contact the Firm
NEW YORK, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Beyond, Inc. (“Beyond” or the “Company”) (NYSE:BYON) on behalf of Beyond stockholders. Our investigation concerns whether Beyond has violated the federal securities laws and/or engaged in other unlawful business practices.
Neutral
Seeking Alpha
1 month ago
Beyond, Inc. (BYON) 2024 Investor Event (Transcript)
Beyond, Inc. (NYSE:BYON ) 2024 Investor Event October 24, 2024 11:00 AM ET Company Participants Marcus Lemonis - Executive Chairman Alexis Callahan - Vice President, Investor Relations and Public Relations Adrianne Lee - Chief Financial and Administrative Officer Dave Nielsen - President Guncha Mehta - Chief Digital Information Officer Alex Thomas - Senior Vice President, Finance and Corporate Development Tim Ryan - Vice President, Loyalty and Partnerships Conference Call Participants Presentation Marcus Lemonis Good morning. My name is Marcus Lemonis.
Negative
Business Insider
1 month ago
Bed Bath & Beyond owner to lay off 20% of its workforce
Bed Bath & Beyond's owner said in a regulatory filing that it will cut one-fifth of its workforce. Beyond, Inc., formerly known as Overstock, bought the BB&B brand after the original went bankrupt.
Negative
Zacks Investment Research
1 month ago
Beyond (BYON) Reports Q3 Loss, Misses Revenue Estimates
Beyond (BYON) came out with a quarterly loss of $0.96 per share versus the Zacks Consensus Estimate of a loss of $0.84. This compares to loss of $0.61 per share a year ago.
Neutral
Business Wire
1 month ago
Beyond, Inc. Reports Third Quarter 2024 Financial Results
MIDVALE, Utah--(BUSINESS WIRE)--Beyond, Inc. (NYSE:BYON), an asset-light ecommerce and affinity data monetization company offering a comprehensive array of products and services that enable its customers to unlock their home's potential, today reported financial results for the third quarter ended September 30, 2024. “We delivered sequential improvement in gross margin and continued to recognize the benefits of our cost reduction actions, ultimately delivering against our commitment to improve.
Neutral
Accesswire
1 month ago
An Investigation Has Commenced on Behalf of Beyond, Inc. Shareholders. Contact Levi & Korsinsky to Discuss your BYON Losses.
NEW YORK, NY / ACCESSWIRE / October 23, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Beyond, Inc. ("Beyond, Inc.") (NYSE:BYON) concerning possible violations of federal securities laws. After the market closed on May 6, 2024, Beyond announced the company's first quarter 2024 financial results and revealed first quarter total net revenue of $382 million, an increase of only 0.3% year-over-year, and a first quarter net loss of $74 million.
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