Beyond Meat (BYND) Stock Forecast & Price Target

$6.07
-0.09 (-1.46%)
(As of 04/23/2024 ET)

Beyond Meat Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Sell
Based on 7 Analyst Ratings

Analysts' Consensus Price Target

$5.83
-3.90% Downside
High Forecast$10.00
Average Forecast$5.83
Low Forecast$3.00
TypeCurrent Forecast
4/25/23 to 4/24/24
1 Month Ago
3/26/23 to 3/25/24
3 Months Ago
1/25/23 to 1/25/24
1 Year Ago
4/25/22 to 4/25/23
Consensus Rating
Sell
Sell
Sell
Reduce
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
5 Hold rating(s)
Sell
5 Sell rating(s)
5 Sell rating(s)
6 Sell rating(s)
5 Sell rating(s)
Consensus Price Target$5.83$6.67$7.88$16.08
Predicted Upside-3.90% Downside-23.85% Downside-30.22% Downside-17.43% Downside
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BYND Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BYND Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Beyond Meat Stock vs. The Competition

TypeBeyond MeatConsumer Staples CompaniesS&P 500
Consensus Rating Score
1.29
2.42
2.49
Consensus RatingSellHoldHold
Predicted Upside-3.90% Downside689.64% Upside10.13% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/22/2024Mizuho
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 Lower TargetUnderperform ➝ Underperform$7.00 ➝ $6.00-6.40%
4/17/2024TD Cowen
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 Lower TargetSell ➝ Sell$10.00 ➝ $6.00-5.96%
2/29/2024Argus
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 UpgradeSell ➝ Hold
2/28/2024BMO Capital Markets
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 Boost TargetMarket Perform ➝ Market Perform$7.00 ➝ $10.00+32.98%
11/13/2023Consumer Edge
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 DowngradeEqual Weight ➝ Underweight$5.00-28.06%
11/2/2023Barclays
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 Lower TargetUnderweight ➝ Underweight$9.00 ➝ $5.00-28.57%
9/22/2023Piper Sandler
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 Lower TargetUnderweight ➝ Underweight$6.00 ➝ $3.00-69.57%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 04:57 AM ET.

BYND Price Target - Frequently Asked Questions

What is Beyond Meat's consensus rating and price target?

According to the issued ratings of 7 analysts in the last year, the consensus rating for Beyond Meat stock is Strong Sell based on the current 5 sell ratings and 2 hold ratings for BYND. The average twelve-month price prediction for Beyond Meat is $5.83 with a high price target of $10.00 and a low price target of $3.00. Learn more on BYND's analyst rating history.

Do Wall Street analysts like Beyond Meat more than its competitors?

Analysts like Beyond Meat less than other Consumer Staples companies. The consensus rating for Beyond Meat is Sell while the average consensus rating for consumer staples companies is Hold. Learn more on how BYND compares to other companies.

Is Beyond Meat being upgraded by Wall Street analysts?

Over the previous 90 days, Beyond Meat's stock had 1 upgrade by analysts.

Does Beyond Meat's stock price have much downside?

According to analysts, Beyond Meat's stock has a predicted downside of -20.67% based on their 12-month stock forecasts.

What analysts cover Beyond Meat?

Beyond Meat has been rated by Argus, BMO Capital Markets, Mizuho, and TD Cowen in the past 90 days.


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This page (NASDAQ:BYND) was last updated on 4/24/2024 by MarketBeat.com Staff

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