Beyond Meat (NASDAQ:BYND) Shares Gap Up - Still a Buy?

Key Points

• Shares of Beyond Meat gapped up in pre‑market trading from $1.34 to $1.3950 and last traded around $1.3550 on very heavy volume (~90,405,878 shares), but remain below the 50‑day ($1.65) and 200‑day ($2.56) moving averages.
• Analysts have turned largely negative—seven Sell and two Hold ratings—with the consensus labeled as a "Strong Sell" and an average price target of about $1.70 after multiple firms cut targets to $1.00 or lower.
• Recent results showed a quarterly EPS miss (reported ($0.47) vs. ($0.39) expected) with revenue of $70.22M slightly above estimates; the company has a market cap of ~$578.3M and a negative P/E.

Shares of Beyond Meat, Inc. (NASDAQ:BYND - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $1.34, but opened at $1.3950. Beyond Meat shares last traded at $1.3550, with a volume of 90,405,878 shares trading hands.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Cowen restated a "sell" rating on shares of Beyond Meat in a research report on Tuesday, October 14th. Mizuho reduced their price objective on Beyond Meat from $1.50 to $1.00 and set an "underperform" rating for the company in a research report on Thursday, November 13th. Barclays lowered their target price on Beyond Meat from $2.00 to $1.00 and set an "underweight" rating on the stock in a research report on Wednesday, November 12th. Argus lowered Beyond Meat from a "hold" rating to a "sell" rating in a research report on Monday, September 15th. Finally, TD Cowen decreased their price target on Beyond Meat from $2.00 to $0.80 and set a "sell" rating for the company in a research note on Tuesday, October 14th. Two analysts have rated the stock with a Hold rating and seven have assigned a Sell rating to the company's stock. According to MarketBeat, Beyond Meat presently has an average rating of "Strong Sell" and an average price target of $1.70.

Beyond Meat Price Performance

The company has a fifty day moving average price of $1.65 and a two-hundred day moving average price of $2.56. The firm has a market cap of $578.30 million, a price-to-earnings ratio of -0.40 and a beta of 2.52.

Beyond Meat (NASDAQ:BYND - Get Free Report) last issued its quarterly earnings results on Monday, November 10th. The company reported ($0.47) EPS for the quarter, missing the consensus estimate of ($0.39) by ($0.08). The business had revenue of $70.22 million for the quarter, compared to analysts' expectations of $68.82 million. Beyond Meat has set its Q4 2025 guidance at EPS. On average, research analysts expect that Beyond Meat, Inc. will post -2.1 earnings per share for the current fiscal year.

Institutional Trading of Beyond Meat

Large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in shares of Beyond Meat by 1.5% in the third quarter. Vanguard Group Inc. now owns 4,780,045 shares of the company's stock valued at $9,034,000 after buying an additional 69,423 shares in the last quarter. Vontobel Holding Ltd. grew its holdings in shares of Beyond Meat by 38.0% in the 3rd quarter. Vontobel Holding Ltd. now owns 2,917,994 shares of the company's stock worth $5,515,000 after acquiring an additional 804,125 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Beyond Meat by 15.7% during the second quarter. Geode Capital Management LLC now owns 1,843,998 shares of the company's stock worth $6,437,000 after purchasing an additional 250,628 shares during the period. GMT Capital Corp purchased a new stake in shares of Beyond Meat during the second quarter valued at $5,046,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Beyond Meat by 8.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 573,596 shares of the company's stock valued at $1,749,000 after purchasing an additional 46,540 shares during the last quarter. 52.48% of the stock is currently owned by institutional investors.

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.

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