On Monday Beyond Meat topped analysts’ expectations for its fiscal third-quarter earnings and revenue. But its shares were tumbling in premarket trading Tuesday, as the lockup period for early investors in the stock ended - which means, they are free to sell the shares. Several analysts slashed their price targets on the stock on Tuesday.
Analysts at Credit Suisse reduced their price target on Beyond Meat shares to $115 a share from $135 share. The analysts maintained their neutral rating. Analyst Robert Moskow indicated that they are “tamping down” 2026 sales estimate and price-to-sales multiple to 5.5x (from 6.0x), on what they perceive to be increasing competition in the plant-based meat substitute category.
J.P. Morgan analysts lowered their price target to $138 from $189 with an overweight rating. The analysts indicated that they have cut their revenue forecasts for 2025 and beyond, which flow into the DCF estimates. Though they said that Beyond Meat's story has promise and that the shares are undervalued, they still feel that it is prudent to model steady growth in the out-years rather than an acceleration.
Analysts at DA Davidson cut their price target on the plant-based meat maker’s shares to $84 from $130, while maintaining an underperform rating. Analyst Brian Holland said that even though Beyond Meat “has some edge at this juncture”, larger firms with more resources have entered the space in short order, thereby affecting Beyond Meat’s first mover advantage lead time.
On Monday, Beyond Meat had reported fiscal third-quarter earnings per share of 6 cents, beating analysts’ expectation of 3 cents. The results also marked the company’s first quarterly profit. Quarterly net revenue climbed +250% year-over-year to $92 million, also exceeding analysts’ estimate of $82.2 million (based on Refinitiv poll).
BYND moved above its 50-day moving average on February 14, 2025 date and that indicates a change from a downward trend to an upward trend. In of 27 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 68 cases where BYND's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BYND advanced for three days, in of 254 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 105 cases where BYND Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Momentum Indicator moved below the 0 level on January 31, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on BYND as a result. In of 94 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BYND declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. BYND’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: BYND's P/B Ratio (59.524) is very high in comparison to the industry average of (6.582). P/E Ratio (0.000) is within average values for comparable stocks, (27.022). BYND's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.471). Dividend Yield (0.000) settles around the average of (0.043) among similar stocks. P/S Ratio (1.455) is also within normal values, averaging (68.031).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BYND’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 82, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a company, which offers plant-based meat products
Industry FoodSpecialtyCandy