Beyond Meat (BYND) to Release Quarterly Earnings on Wednesday

Beyond Meat (NASDAQ:BYND - Get Free Report) is projected to post its Q1 2025 quarterly earnings results after the market closes on Wednesday, May 7th. Analysts expect Beyond Meat to post 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 quarterly earnings data on Wednesday, February 26th. The company reported ($0.65) earnings per share (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 the consensus estimate 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 Performance

NASDAQ:BYND traded up $0.01 during trading hours on Friday, reaching $2.52. The company's stock had a trading volume of 1,215,722 shares, compared to its average volume of 3,023,574. The firm has a 50-day simple moving average of $2.99 and a 200-day simple moving average of $4.02. Beyond Meat has a 1 year low of $2.41 and a 1 year high of $10.31. The firm has a market capitalization of $192.48 million, a price-to-earnings ratio of -0.60 and a beta of 2.38.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. BMO Capital Markets lowered their target price on Beyond Meat from $6.00 to $5.00 and set a "market perform" rating for the company in a research note on Thursday, February 27th. Barclays cut their target price on shares of Beyond Meat from $4.00 to $3.00 and set an "underweight" rating on the stock in a report on Thursday, February 27th. Three equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Reduce" and an average price target of $4.70.

About Beyond Meat

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.