- Investing.com
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.
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 |
Metrics to compare | BYND | Sector Sector - Average of metrics from a broad group of related Consumer Non-Cyclicals sector companies | Relationship RelationshipBYNDPeersSector | |
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P/E Ratio | −1.0x | −0.2x | 11.6x | |
PEG Ratio | 0.14 | 0.00 | 0.03 | |
Price / Book | −0.4x | 0.5x | 1.5x | |
Price / LTM Sales | 0.8x | 0.7x | 0.9x | |
Upside (Analyst Target) | 22.9% | 96.1% | 23.5% | |
Fair Value Upside | Unlock | 28.8% | 9.6% | Unlock |