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Beyond Meat (NASDAQ:BYND) Stock Price Down 9.8% - Time to Sell?

Beyond Meat logo with Consumer Staples background
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Key Points

  • Shares fell 9.8% to $0.88 on heavy trading (~99.0M shares, up 92% vs. average), leaving Beyond Meat with a market cap near $399M.
  • Wall Street is broadly negative: the consensus rating is "Strong Sell" (seven Sell, two Hold) with an average target of $1.70 after multiple firms lowered targets into the $0.80–$1.00 range.
  • The company missed EPS in the latest quarter (loss of $0.47 vs. $0.39 expected) despite a slight revenue beat, and analysts forecast roughly -2.1 EPS for the current year, indicating ongoing profitability challenges.
  • MarketBeat previews top five stocks to own in May.

Shares of Beyond Meat, Inc. (NASDAQ:BYND - Get Free Report) fell 9.8% during mid-day trading on Thursday . The company traded as low as $0.88 and last traded at $0.88. 99,009,514 shares changed hands during trading, an increase of 92% from the average session volume of 51,531,699 shares. The stock had previously closed at $0.9757.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on BYND. Cowen reiterated a "sell" rating on shares of Beyond Meat in a report on Tuesday, October 14th. Mizuho cut their price objective on shares of Beyond Meat from $1.50 to $1.00 and set an "underperform" rating on the stock in a research report on Thursday, November 13th. TD Cowen lowered their target price on shares of Beyond Meat from $2.00 to $0.80 and set a "sell" rating for the company in a report on Tuesday, October 14th. Barclays dropped their price target on shares of Beyond Meat from $2.00 to $1.00 and set an "underweight" rating for the company in a research note on Wednesday, November 12th. Finally, JPMorgan Chase & Co. began coverage on shares of Beyond Meat in a research report on Wednesday, August 20th. They issued an "underweight" rating on the stock. Two investment analysts have rated the stock with a Hold rating and seven have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Strong Sell" and a consensus target price of $1.70.

Get Our Latest Stock Analysis on BYND

Beyond Meat Trading Down 9.8%

The company has a market cap of $399.14 million, a PE ratio of -0.27 and a beta of 2.32. The company's 50 day moving average is $1.90 and its 200 day moving average is $2.63.

Beyond Meat (NASDAQ:BYND - Get Free Report) last released its quarterly earnings data on Monday, November 10th. The company reported ($0.47) earnings per share (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 the consensus estimate of $68.82 million. Beyond Meat has set its Q4 2025 guidance at EPS. Analysts expect that Beyond Meat, Inc. will post -2.1 EPS for the current year.

Institutional Investors Weigh In On Beyond Meat

Institutional investors and hedge funds have recently bought and sold shares of the company. Scientech Research LLC purchased a new stake in shares of Beyond Meat in the 3rd quarter worth $243,000. Virtu Financial LLC bought a new stake in shares of Beyond Meat in the third quarter valued at about $149,000. Russell Investments Group Ltd. lifted its stake in Beyond Meat by 400.2% in the third quarter. Russell Investments Group Ltd. now owns 14,786 shares of the company's stock worth $28,000 after acquiring an additional 11,830 shares during the period. Banco Santander S.A. bought a new position in Beyond Meat during the 3rd quarter worth about $25,000. Finally, Vanguard Group Inc. increased its position in Beyond Meat by 1.5% during the 3rd quarter. Vanguard Group Inc. now owns 4,780,045 shares of the company's stock valued at $9,034,000 after purchasing an additional 69,423 shares during the period. 52.48% of the stock is owned by institutional investors.

About Beyond Meat

(Get Free Report)

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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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