Beyond Meat Inc (BYND)

NASDAQ
Currency in USD
4.07
+0.01(+0.25%)
Closed
After Hours
4.05-0.02(-0.49%)
BYND Scorecard
Full Analysis
Operates with a significant debt burden
Fair Value
Day's Range
3.914.10
52 wk Range
3.3012.12
Key Statistics
Edit
Prev. Close
4.06
Open
4.06
Day's Range
3.91-4.1
52 wk Range
3.3-12.12
Volume
2.19M
Average Vol. (3m)
3.73M
1-Year Change
-42.27%
Book Value / Share
-9.41
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
BYND Scorecardpro icon
Company’s Health
pro lockUnlock
Fair Value
pro lockUnlock Price
Fair Pricepro lock
Upsidepro lock
Price Target
4.86
Upside
+19.34%
Members' Sentiments
Bearish
Bullish
ProTips
May have trouble making interest payments on debt
Show more

Beyond Meat Inc Company Profile

Beyond Meat, Inc., a plant-based meat company, engages in the development, manufacture, marketing, and sale of plant-based meat products under the Beyond brand name in the United States and internationally. The company sells a range of plant-based meat products that replicates beef, pork, and poultry meats. It sells its products through grocery, mass merchandiser, club stores, and natural retailer channels, as well as various food-away-from-home channels, including restaurants, foodservice outlets, and schools. The company was formerly known as Savage River, Inc. and changed its name to Beyond Meat, Inc. in September 2018. Beyond Meat, Inc. was incorporated in 2008 and is headquartered in El Segundo, California.

Beyond Meat Inc SWOT Analysis


Financial Outlook
Analysts project revenue between $320-$330 million, with an average price target of $5, highlighting the company's struggle to achieve profitability
Market Expansion
Learn about Beyond Meat's strategic shift towards European markets, particularly Germany, as it seeks new avenues for growth amid U.S. market challenges
Margin Improvement
Explore how Beyond Meat's focus on production efficiencies and product optimization has led to better-than-expected gross margins, signaling potential turnaround
Plant-Based Pionee
Beyond Meat faces financial challenges despite being a leader in plant-based meat substitutes, with declining sales and high cash burn rates raising concerns
Read full SWOT analysis

Beyond Meat Inc Earnings Call Summary for Q2/2024

  • Q2 net revenues down 8.8% YoY to $93.2M; net revenue per pound up 6.1% due to reduced promotions and price increases
  • Gross margin improved to 14.7%, highest since Q3 2021; operating expenses reduced to $47.6M; net loss of $34.5M reported
  • 2024 outlook: net revenues $320M-$340M, gross margin in mid-teens; focus on efficiency, new products, and strategic customer focus
  • Completed production network consolidation for better asset utilization; positive reception for new products in European markets
  • Challenges: 14% decrease in volume sold; weak plant-based category in US; varied retailer responses to category performance
Last Updated: 08/08/2024, 10:38 AM
Read Full Transcript

Compare BYND to Peers and Sector

Metrics to compare
BYND
Peers
Sector
Relationship
P/E Ratio
−1.0x−0.2x11.6x
PEG Ratio
0.140.000.03
Price / Book
−0.4x0.5x1.5x
Price / LTM Sales
0.8x0.7x0.9x
Upside (Analyst Target)
22.9%96.1%23.5%
Fair Value Upside
Unlock28.8%9.6%Unlock

Analyst Ratings

0 Buy
6 Hold
5 Sell
Ratings:
11 analysts
Overall Consensus
Sell

Analysts 12-Month Price Target:

Average 4.86
(+19.34% Upside)

Earnings

Latest Release
Nov 06, 2024
EPS / Forecast
-0.41 / -0.48
Revenue / Forecast
81.01M / 80.13M
EPS Revisions
Last 90 days

People Also Watch

353.67
MSTR
-5.21%
12.77
RIVN
+2.24%
186.75
AMAT
-2.07%
33.27
SMCI
-0.42%
406.58
TSLA
-1.41%

FAQ

What Is the Beyond Meat (BYND) Stock Price Today?

The Beyond Meat stock price today is 4.07

What Stock Exchange Does Beyond Meat Trade On?

Beyond Meat is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Beyond Meat?

The stock symbol for Beyond Meat is "BYND."

What Is the Beyond Meat Market Cap?

As of today, Beyond Meat market cap is 265.38M.

What is Beyond Meat Earnings Per Share?

The Beyond Meat EPS is -4.17.

What Is the Next Beyond Meat Earnings Date?

Beyond Meat will release its next earnings report on Feb 20, 2025.

From a Technical Analysis Perspective, Is BYND a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Buy.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.