Beyond (NYSE:BYON) Rating Increased to Strong-Buy at Wedbush

Wedbush upgraded shares of Beyond (NYSE:BYON - Free Report) to a strong-buy rating in a research note published 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 research analysts have also recently weighed in on BYON. Needham & Company LLC restated a "hold" rating on shares of Beyond in a research note on Wednesday, April 30th. Barclays decreased their target price on Beyond from $7.00 to $5.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 30th. Finally, Jefferies Financial Group decreased their target price on Beyond from $6.50 to $5.00 and set a "hold" rating for the company in a research note on Tuesday, April 29th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $9.14.

Beyond Stock Performance

Shares of BYON traded down $0.12 during midday trading on Tuesday, hitting $7.52. The company had a trading volume of 1,956,398 shares, compared to its average volume of 2,768,159. The company's 50-day simple moving average is $5.96 and its 200-day simple moving average is $5.93. Beyond has a 1 year low of $3.54 and a 1 year high of $15.44.

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

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd grew its holdings in Beyond by 104.2% during the first quarter. Caitong International Asset Management Co. Ltd now owns 5,531 shares of the company's stock worth $32,000 after acquiring an additional 2,823 shares during the period. Canada Pension Plan Investment Board acquired a new position in Beyond during the fourth quarter worth $32,000. Skandinaviska Enskilda Banken AB publ grew its holdings in Beyond by 68.4% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 6,592 shares of the company's stock worth $32,000 after acquiring an additional 2,678 shares during the period. KLP Kapitalforvaltning AS acquired a new position in Beyond during the fourth quarter worth $39,000. Finally, Pingora Partners LLC acquired a new position in Beyond during the fourth quarter worth $41,000. Institutional investors and hedge funds own 76.30% of the company's stock.

Beyond Company Profile

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.