Beyond (NYSE:BYON) Stock Rating Upgraded by Wedbush

Wedbush upgraded shares of Beyond (NYSE:BYON - Free Report) to a strong-buy rating in a research report sent to investors on Tuesday morning,Zacks.com reports. Wedbush also issued estimates for Beyond's Q2 2025 earnings at ($0.31) EPS, Q3 2025 earnings at ($0.59) EPS, Q4 2025 earnings at ($0.42) EPS, FY2025 earnings at ($1.75) EPS, Q1 2026 earnings at ($0.54) EPS, Q2 2026 earnings at ($0.18) EPS, Q3 2026 earnings at ($0.41) EPS, Q4 2026 earnings at ($0.21) EPS, FY2026 earnings at ($1.34) EPS and FY2027 earnings at ($0.68) EPS.

Several other equities analysts have also commented on the stock. Jefferies Financial Group decreased their price objective on shares of Beyond from $6.50 to $5.00 and set a "hold" rating on the stock in a report on Tuesday, April 29th. Needham & Company LLC reaffirmed a "hold" rating on shares of Beyond in a research note on Wednesday, April 30th. Finally, Barclays decreased their target price on Beyond from $7.00 to $5.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 30th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $9.14.

Beyond Trading Down 1.5%

Beyond stock traded down $0.12 during mid-day trading on Tuesday, hitting $7.52. The company's stock had a trading volume of 1,956,398 shares, compared to its average volume of 2,768,159. Beyond has a 1 year low of $3.54 and a 1 year high of $15.44. The firm has a market capitalization of $433.47 million, a PE ratio of -1.61 and a beta of 3.25. The stock's fifty day moving average is $5.96 and its two-hundred day moving average is $5.94.

Beyond (NYSE:BYON - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The company reported ($0.42) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.67) by $0.25. Beyond had a negative return on equity of 77.61% and a negative net margin of 18.06%. The firm had revenue of $231.75 million during the quarter, compared to the consensus estimate of $288.13 million. During the same period last year, the company earned ($1.22) EPS. The company's quarterly revenue was down 39.4% on a year-over-year basis. On average, equities analysts expect that Beyond will post -3.75 EPS for the current fiscal year.

Institutional Trading of Beyond

Several hedge funds have recently modified their holdings of the stock. PFG Investments LLC purchased a new stake in Beyond during the 1st quarter worth about $464,000. Wedbush Securities Inc. grew its position in shares of Beyond by 950.1% during the fourth quarter. Wedbush Securities Inc. now owns 132,023 shares of the company's stock worth $651,000 after buying an additional 119,450 shares in the last quarter. Two Sigma Investments LP increased its stake in shares of Beyond by 75.1% during the fourth quarter. Two Sigma Investments LP now owns 916,178 shares of the company's stock worth $4,517,000 after buying an additional 392,977 shares during the period. Pamplona Capital Management LLC acquired a new stake in Beyond in the fourth quarter valued at approximately $1,630,000. Finally, Raymond James Financial Inc. purchased a new position in Beyond in the fourth quarter worth approximately $578,000. 76.30% of the stock is currently owned by institutional investors and hedge funds.

About Beyond

Beyond, Inc operates as an online retailer of furniture and home furnishings products in the United States and Canada. The company offers furniture, bedding and bath, patio and outdoor gear, area rugs, tabletop and cookware, décor, storage and organization, small appliances, home improvement, and other products under the Bed Bath & Beyond brand.