NASDAQ:BYNDBeyond Meat Stock Price, Forecast & News

Beyond Meat's stock was trading at $82.64 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BYND stock has increased by 70.3% and is now trading at $140.72. View which stocks have been most impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beyond Meat in the last year. There are currently 8 sell ratings, 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Beyond Meat.

Beyond Meat is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Beyond Meat.

Beyond Meat (NASDAQ:BYND) posted its quarterly earnings data on Tuesday, May, 5th. The company reported $0.03 EPS for the quarter, beating the consensus estimate of ($0.06) by $0.09. The company had revenue of $97.10 million for the quarter, compared to analysts' expectations of $87.10 million. Beyond Meat had a negative net margin of 1.12% and a positive return on equity of 1.61%. Beyond Meat's quarterly revenue was up 141.5% on a year-over-year basis. During the same quarter last year, the firm posted ($0.14) earnings per share. View Beyond Meat's earnings history.

19 analysts have issued 1 year price targets for Beyond Meat's stock. Their forecasts range from $39.00 to $173.00. On average, they expect Beyond Meat's stock price to reach $97.88 in the next year. This suggests that the stock has a possible downside of 30.4%. View analysts' price targets for Beyond Meat.

News headlines about BYND stock have been trending negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Beyond Meat earned a media sentiment score of -2.2 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the near future. View the latest news about Beyond Meat.

Beyond Meat saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 5,430,000 shares, a drop of 17.1% from the June 15th total of 6,550,000 shares. Based on an average daily volume of 8,810,000 shares, the days-to-cover ratio is currently 0.6 days. Currently, 15.4% of the shares of the company are short sold. View Beyond Meat's Current Options Chain.

Some companies that are related to Beyond Meat include Conagra Brands (CAG), Campbell Soup (CPB), Flowers Foods (FLO), Nomad Foods (NOMD), Tate & Lyle (TATYY), Hain Celestial Group (HAIN), Simply Good Foods (SMPL), B&G Foods (BGS), BellRing Brands (BRBR), Amira Nature Foods (ANFI), TDH (PETZ) and Zivo Bioscience (ZIVO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Beyond Meat investors own include Alibaba Group (BABA), NVIDIA (NVDA), Tesla (TSLA), Netflix (NFLX), Advanced Micro Devices (AMD), Walt Disney (DIS), Roku (ROKU), Square (SQ), Micron Technology (MU) and Paypal (PYPL).

(BYND) raised $176 million in an initial public offering (IPO) on Thursday, May 2nd 2019. The company issued 8,800,000 shares at $19.00-$21.00 per share. Goldman Sachs, J.P. Morgan and Credit Suisse acted as the underwriters for the IPO and BofA Merrill Lynch, Jefferies and William Blair were co-managers.

Beyond Meat trades on the NASDAQ under the ticker symbol "BYND."

Shares of BYND can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of BYND stock can currently be purchased for approximately $140.72.

Beyond Meat has a market capitalization of $8.76 billion and generates $297.90 million in revenue each year. The company earns $-12,440,000.00 in net income (profit) each year or ($0.04) on an earnings per share basis. Beyond Meat employs 257 workers across the globe.

The official website for Beyond Meat is www.beyondmeat.com.

Beyond Meat's mailing address is 119 STANDARD STREET, EL SEGUNDO CA, 90245. The company can be reached via phone at 866-756-4112 or via email at [email protected]