Beyond Meat (BYND) Stock Forecast & Price Target

$6.68

+0.22 (+3.41%)

(As of 11/28/2023 ET)

Today's Range: $6.35
▼
$6.76
50-Day Range: $5.68
▼
$10.25
52-Week Range: $5.58
▼
$22.87

Volume: 1.87 million shs
Average Volume: 2.62 million shs
Market Capitalization: $431.13 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $7.88

Beyond Meat Consensus Analyst Rating and Stock Price Forecast (2023)

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 9 Analyst Ratings

Analysts' Consensus Price Target

$7.88
17.89% Upside

High Forecast	$18.00
Average Forecast	$7.88
Low Forecast	$3.00

Type	Current Forecast 11/29/22 to 11/29/23	1 Month Ago 10/30/22 to 10/30/23	3 Months Ago 8/31/22 to 8/31/23	1 Year Ago 11/29/21 to 11/29/22
Consensus Rating	Sell	Sell	Reduce	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)	4 Hold rating(s)	7 Hold rating(s)
Sell	7 Sell rating(s)	6 Sell rating(s)	4 Sell rating(s)	5 Sell rating(s)
Consensus Price Target	$7.88	$9.71	$12.78	$20.53
Predicted Upside	17.89% Upside	-29.36% Downside	-17.80% Downside	-25.42% 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.

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.

Beyond Meat Stock vs. The Competition

Type	Beyond Meat	Consumer Staples Companies	S&P 500
Consensus Rating Score	1.22	2.44	2.49
Consensus Rating	Sell	Hold	Hold
Predicted Upside	17.89% Upside	748.27% Upside	2,838.32% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
11/13/2023	Consumer Edge Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Equal Weight ➝ Underweight	$5.00	-28.06%
11/9/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Market Perform ➝ Market Perform	$13.00 ➝ $7.00	+3.24%
11/2/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Underweight ➝ Underweight	$9.00 ➝ $5.00	-28.57%
10/12/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Underperform	$12.00 ➝ $5.00	-43.44%
9/22/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Underweight ➝ Underweight	$6.00 ➝ $3.00	-69.57%
9/13/2023	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Underperform	$10.00	-7.58%
2/27/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Underperform	$10.00	-46.72%
2/24/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Market Perform	$10.00 ➝ $18.00	-15.33%
12/9/2022	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Hold ➝ Sell

(Data available from 11/29/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

BYND Price Target - Frequently Asked Questions

What is Beyond Meat's consensus rating and price target?: According to the issued ratings of 9 analysts in the last year, the consensus rating for Beyond Meat stock is Strong Sell based on the current 7 sell ratings and 2 hold ratings for BYND. The average twelve-month price prediction for Beyond Meat is $7.88 with a high price target of $18.00 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 downgraded by Wall Street analysts?: Over the previous 90 days, Beyond Meat's stock had 2 downgrades by analysts.

Does Beyond Meat's stock price have much downside?: According to analysts, Beyond Meat's stock has a predicted downside of -30.22% based on their 12-month stock forecasts.
What analysts cover Beyond Meat?: Beyond Meat has been rated by Barclays, BMO Capital Markets, Consumer Edge, Mizuho, Piper Sandler, and TD Cowen in the past 90 days.

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This page (NASDAQ:BYND) was last updated on 11/29/2023 by MarketBeat.com Staff

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