Following the footsteps of Beyond Meat (BYND), Swiss food giant Nestle has rolled out its own plant-based meat substitutes in the form of vegan burger called ‘Incredible Burger’ in eight European countries and plans to introduce the Awesome Burger in the United States later this year. The product is already being carried out in 1,500 outlets on the continent, including McDonald's (MCD).
The company’s CEO believes that being a nascent market, plant-based meat substitutes, foods that closely mimic the taste and texture of actual meat, is a mine that could be explored.
Awesome burgers are expected to be available in U.S. retail stores, quick-service restaurants and food service operators across the nation.
‘Awesome Burger’ vegan burgers for the U.S. contingent are expected to hit the U.S. markets this fall, a product made to complement Nestle's Sweet Earth branded veggie-centric burgers.
But Nestle is going to face stiff competition especially from Beyond Meat who debuted in the public market earlier this year.
Besides foods, Nestle’s partnership with Starbucks (SBUX) is reaping fruits as the company has garnered $7.15 billion through the partnership. The two companies have also put out dozens of coffee products in six months.
Following the announcement on Wednesday, Nestle shares touched a new 52-week high in the session at $98.40. The shares are already up more than 23% in 2019.
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where BYND declined for three days, in 362 of 402 cases, the price declined further within the following month. The odds of a continued downward trend are 90%.
The Momentum Indicator moved below the 0 level on September 23, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on BYND as a result. In 79 of 92 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 86%.
The Aroon Indicator for BYND entered a downward trend on October 23, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 61 of 74 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 82%.
Following a +6.75% 3-day Advance, the price is estimated to grow further. Considering data from situations where BYND advanced for three days, in 190 of 235 cases, the price rose further within the following month. The odds of a continued upward trend are 81%.
BYND may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron Valuation Rating of 46 (best 1 - 100 worst) indicates that the company is fair valued 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: P/B Ratio (2.166) is normal, around the industry mean (1.672). P/E Ratio (0.102) is within average values for comparable stocks, (6.468). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (8.458). Dividend Yield (0.000) settles around the average of (0.056) among similar stocks. P/S Ratio (0.537) is also within normal values, averaging (4.925).
The Tickeron PE Growth Rating for this company is 93 (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 Price Growth Rating for this company is 93 (best 1 - 100 worst), indicating slightly worse than average 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 SMR rating for this company is 100 (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 100 (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 93, 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 FoodMajorDiversified