Wedbush Has Bullish Forecast for Beyond Q2 Earnings

Beyond, Inc. (NYSE:BYON - Free Report) - Investment analysts at Wedbush lifted their Q2 2025 earnings per share estimates for shares of Beyond in a note issued to investors on Tuesday, April 29th. Wedbush analyst M. Pachter now anticipates that the company will post earnings of ($0.31) per share for the quarter, up from their prior estimate of ($0.32). Wedbush has a "Outperform" rating and a $15.00 price objective on the stock. The consensus estimate for Beyond's current full-year earnings is ($3.75) per share. Wedbush also issued estimates for Beyond's Q3 2025 earnings at ($0.59) EPS, Q4 2025 earnings at ($0.42) EPS, FY2025 earnings at ($1.75) EPS, FY2026 earnings at ($1.34) EPS and FY2027 earnings at ($0.68) EPS.

Other analysts have also recently issued reports about the company. Needham & Company LLC restated a "hold" rating on shares of Beyond in a report on Wednesday, April 30th. Jefferies Financial Group decreased their price target on shares of Beyond from $6.50 to $5.00 and set a "hold" rating for the company in a research report on Tuesday, April 29th. Barclays decreased their price objective 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, Maxim Group dropped their target price on Beyond from $26.00 to $16.00 and set a "buy" rating on the stock in a report on Wednesday, February 26th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $9.14.

Beyond Price Performance

Shares of BYON traded up $0.09 during trading hours on Friday, hitting $3.84. 427,017 shares of the stock were exchanged, compared to its average volume of 2,665,961. Beyond has a 12-month low of $3.54 and a 12-month high of $22.39. The company has a market cap of $221.20 million, a price-to-earnings ratio of -0.52 and a beta of 3.23. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.91 and a current ratio of 0.97. The stock's 50-day moving average price is $4.68 and its two-hundred day moving average price is $5.96.

Beyond (NYSE:BYON - Get Free Report) last announced its quarterly earnings results on Monday, April 28th. The company reported ($0.42) earnings per share for the quarter, beating the consensus estimate of ($0.67) by $0.25. The firm had revenue of $231.75 million during the quarter, compared to analyst estimates of $288.13 million. Beyond had a negative return on equity of 69.32% and a negative net margin of 22.82%. Beyond's revenue for the quarter was down 39.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($1.22) EPS.

Insider Activity at Beyond

In other Beyond news, Chairman Marcus Lemonis acquired 19,193 shares of the company's stock in a transaction on Thursday, March 13th. The shares were bought at an average cost of $5.03 per share, for a total transaction of $96,540.79. Following the completion of the purchase, the chairman now owns 456,151 shares in the company, valued at $2,294,439.53. This trade represents a 4.39 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. 1.60% of the stock is owned by insiders.

Hedge Funds Weigh In On Beyond

A number of hedge funds and other institutional investors have recently made changes to their positions in BYON. Kohmann Bosshard Financial Services LLC purchased a new position in Beyond in the 4th quarter valued at $30,000. Canada Pension Plan Investment Board purchased a new stake in shares of Beyond during the 4th quarter worth $32,000. R Squared Ltd acquired a new position in shares of Beyond during the 4th quarter worth $32,000. Skandinaviska Enskilda Banken AB publ increased its holdings in shares of Beyond by 68.4% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 6,592 shares of the company's stock valued at $32,000 after purchasing an additional 2,678 shares in the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of Beyond in the fourth quarter valued at about $39,000. Hedge funds and other institutional investors 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.