NASDAQ:BYNDBeyond Meat Stock Price, Forecast & News

Beyond Meat's stock was trading at $82.64 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, BYND shares have increased by 70.9% and is now trading at $141.22. View which stocks have been most impacted by Coronavirus.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beyond Meat in the last year. There are currently 9 sell ratings, 6 hold ratings and 5 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) announced 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 firm had revenue of $97.10 million for the quarter, compared to analyst estimates of $87.10 million. Beyond Meat had a negative net margin of 1.12% and a positive return on equity of 1.61%. The firm's revenue was up 141.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.14) earnings per share. View Beyond Meat's earnings history.

20 analysts have issued 1 year target prices 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 $101.83 in the next year. This suggests that the stock has a possible downside of 27.9%. View analysts' price targets for Beyond Meat.

News coverage about BYND stock has trended neutral recently, InfoTrie reports. The research group scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Beyond Meat earned a news impact score of 0.5 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Beyond Meat.

Beyond Meat saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 5,430,000 shares, a decline of 17.1% from the June 15th total of 6,550,000 shares. Based on an average daily trading volume, of 8,810,000 shares, the short-interest ratio is presently 0.6 days. Currently, 15.4% of the company's stock are sold short. 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 IPO on Thursday, May 2nd 2019. The company issued 8,800,000 shares at a price of $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."

Beyond Meat's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Carnegie Capital Asset Management LLC (0.02%), Envestnet Asset Management Inc. (0.00%), Lowe Wealth Advisors LLC (0.00%) and Carroll Financial Associates Inc. (0.00%). Company insiders that own Beyond Meat stock include Cari Soto, Charles Muth, Christopher Isaac Stone, Dariush Ajami, Diane Carhart, Lengerich Bernhard Van, Mark Joseph Nelson, Perkins Caufield & Bye Kleiner, Raymond J Lane and Teri L Witteman. View institutional ownership trends for Beyond Meat.

BYND stock was sold by a variety of institutional investors in the last quarter, including Lowe Wealth Advisors LLC, and Envestnet Asset Management Inc.. Company insiders that have sold Beyond Meat company stock in the last year include Cari Soto, Charles Muth, Christopher Isaac Stone, Dariush Ajami, Diane Carhart, Lengerich Bernhard Van, Mark Joseph Nelson, Perkins Caufield & Bye Kleiner, Raymond J Lane, and Teri L Witteman. View insider buying and selling activity for Beyond Meat.

BYND stock was bought by a variety of institutional investors in the last quarter, including Carnegie Capital Asset Management LLC, and Carroll Financial Associates Inc.. Company insiders that have bought Beyond Meat stock in the last two years include Dariush Ajami, and Raymond J Lane. View insider buying and selling activity for Beyond Meat.

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 $141.22.

Beyond Meat has a market capitalization of $8.79 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]