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Beyond Meat ( (BYND) ) has shared an announcement.
On August 6, 2025, Beyond Meat announced a workforce reduction of approximately 44 employees, or 6% of its global workforce, as part of cost-reduction initiatives aimed at decreasing operating expenses and the cost of goods sold. This move is expected to save the company $5.0 million to $6.0 million in cash compensation expenses over the next year. Additionally, John Boken was appointed as the interim Chief Transformation Officer to help steer the company’s restructuring efforts. The company’s second quarter financial results showed a 19.6% decrease in net revenues, attributed to weak demand in the plant-based meat category, particularly in the U.S. retail channel and international foodservice markets. Despite the challenging environment, Beyond Meat is focusing on expanding its core product lines and improving margins.
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’s stock score reflects a challenging financial and operational environment, with deeply negative financial metrics and bearish technical indicators. The lack of valuation appeal and negative sentiment from the earnings call further contribute to the low score.
To see Spark’s full report on BYND stock, click here.
More about Beyond Meat
Beyond Meat, Inc. is a leader in the plant-based meat industry, focusing on providing alternative protein products to both retail and foodservice markets. The company is known for its innovative approach to creating plant-based versions of meat products, aiming to cater to consumers seeking sustainable and ethical food options.
Average Trading Volume: 2,462,034
Technical Sentiment Signal: Sell
Current Market Cap: $237.1M
For detailed information about BYND stock, go to TipRanks’ Stock Analysis page.