Beyond Meat (BYND) Expected to Announce Earnings on Wednesday

Beyond Meat (NASDAQ:BYND - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results after the market closes on Wednesday, May 7th. Analysts expect the company to announce earnings of ($0.52) per share and revenue of $75.68 million for the quarter. Beyond Meat has set its FY 2025 guidance at EPS.

Beyond Meat (NASDAQ:BYND - Get Free Report) last announced its earnings results on Wednesday, February 26th. The company reported ($0.65) EPS for the quarter, missing analysts' consensus estimates of ($0.44) by ($0.21). The firm had revenue of $76.66 million for the quarter, compared to analyst estimates of $76.08 million. On average, analysts expect Beyond Meat to post $-2 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Beyond Meat Stock Up 2.2 %

BYND stock traded up $0.06 during trading on Monday, hitting $2.58. The company had a trading volume of 838,932 shares, compared to its average volume of 3,012,763. Beyond Meat has a 1-year low of $2.41 and a 1-year high of $10.31. The firm has a 50-day moving average price of $2.99 and a 200-day moving average price of $3.99. The firm has a market cap of $196.68 million, a PE ratio of -0.61 and a beta of 2.18.

Wall Street Analysts Forecast Growth

BYND has been the subject of several recent research reports. BMO Capital Markets decreased their price target on Beyond Meat from $6.00 to $5.00 and set a "market perform" rating for the company in a report on Thursday, February 27th. Barclays reduced their price objective on shares of Beyond Meat from $4.00 to $3.00 and set an "underweight" rating for the company in a research report on Thursday, February 27th. Three analysts have rated the stock with a sell rating and two have given a hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Reduce" and a consensus target price of $4.70.

Beyond Meat Company Profile

Beyond Meat, Inc, a plant-based meat company, develops, manufactures, markets, and sells plant-based meat products in the United States and internationally. The company sells a range of plant-based meat products across the platforms of beef, pork, and poultry. 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.