Beyond Meat Amends Lease Agreement in El Segundo

Beyond Meat ( (BYND) ) has shared an announcement.

On May 9, 2025, Beyond Meat, Inc. amended its lease agreement with HC Hornet Way, LLC, resulting in the surrender of approximately 61,566 square feet of its premises in El Segundo, California. This amendment involves a $1 million termination fee, equipment transfer, and construction modifications, impacting the company’s operational footprint and financial obligations.

The most recent analyst rating on (BYND) stock is a Sell with a $3.50 price target. To see the full list of analyst forecasts on Beyond Meat stock, see the BYND Stock Forecast page.

Spark’s Take on BYND Stock

According to Spark, TipRanks’ AI Analyst, BYND is a Underperform.

Beyond Meat faces substantial financial and operational challenges, as evidenced by negative earnings, cash flow issues, and strategic restructuring efforts. Despite some strategic initiatives to improve financial stability, the overall outlook remains negative due to weak technical indicators and poor valuation metrics.

To see Spark’s full report on BYND stock, click here.

More about Beyond Meat

Beyond Meat, Inc. operates in the food industry, focusing on the production of plant-based meat substitutes aimed at providing sustainable and healthy alternatives to traditional meat products.

Average Trading Volume: 2,829,197

Technical Sentiment Signal: Sell

Current Market Cap: $191.9M

Find detailed analytics on BYND stock on TipRanks’ Stock Analysis page.