Beyond Meat (BYND) AI Stock Analysis

• Market Cap: $191.62M
• Dividend Yield: N/A
• Average Volume (3M): 3.48M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.32
• Revenue Growth: -5.17%
• EPS Growth: 56.19%
• Country: US
• Employees: 754
• Sector: Consumer Defensive
• Sector Strength: 49
• Industry: Packaged Foods
• EPS (TTM): -0.43
• Shares Outstanding: 76,646,120
• 10 Day Avg. Volume: 2,260,779
• 30 Day Avg. Volume: 3,478,729
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 7.52
• Enterprise Value/Revenue: 4.78
• Enterprise Value/Gross Profit: 45.27
• Enterprise Value/Ebitda: -10.66
• 1Y Price Target: $2.50
• Price Target Upside: 0.00%
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 6

• Rating: 39 Underperform
• Price Target: $2.50 ▲(0.00% Upside)

Beyond Meat's overall stock score is driven by significant financial challenges, bearish technical indicators, and concerning valuation metrics. The company's strategic efforts to cut costs and introduce new products are overshadowed by declining revenues and operational inefficiencies. The negative sentiment from the earnings call further impacts the score, reflecting the need for substantial improvements to stabilize and grow the business.

Positive Factors

Sales Improvement

Management is guiding to improved sequential sales of $80m - $85m next quarter up from $69m this time around, citing recovered distribution at 2 large retailers.

Negative Factors

Earnings

2Q25 revenue of $75.0mm fell below $81.8mm consensus and, combined with softer gross margins, pressured EBITDA $6.3mm below consensus.

Guidance

BYND guided 3Q sales to $68-73mm, below consensus $78.2mm, and announced another business reset to adjust to weaker demand levels.

Liquidity

Management withdrew 2025 guidance due to uncertainty in the operating environment and announced $100M in a secured loan at a 12% borrowing rate to ensure liquidity.

Market Demand

The plant-based meat category has seen volume contractions for an extended period, with consumer preference shifting towards conventional proteins.

Beyond Meat Business Overview & Revenue Model

Company Description

Beyond Meat, Inc. is a leading plant-based protein company based in the United States that specializes in developing and manufacturing meat alternatives made from plants. Founded in 2009, the company aims to offer delicious, nutritious, and sustainable alternatives to traditional meat products. Its core offerings include plant-based burgers, sausages, ground meat, and other products designed to closely mimic the taste and texture of animal meat, catering to both vegans and meat-eaters alike. Beyond Meat's products are available in grocery stores, restaurants, and food service establishments across various markets.

How the Company Makes Money

Beyond Meat generates revenue primarily through the sale of its plant-based meat products to retailers, food service providers, and distributors. The company has established significant partnerships with various fast-food chains and restaurants, such as McDonald's and Dunkin', which help expand its market presence and drive sales. Additionally, Beyond Meat sells its products through grocery chains and direct-to-consumer channels, contributing to its revenue streams. As demand for plant-based diets grows, Beyond Meat benefits from increased consumer interest, and its innovative product development continues to attract new customers, further enhancing its earnings potential.

Beyond Meat Financial Statement Overview

Summary

Beyond Meat's financial performance is severely challenged, with negative revenue growth, deeply negative net profit margins, and a precarious balance sheet. The company faces significant cash flow issues, indicating financial instability and high leverage.

Income Statement

Beyond Meat's income statement reveals a challenging financial situation. The company experienced a decline in revenue with a negative revenue growth rate from 2023 to 2024. Gross profit margin has improved from a negative position in 2023, indicating some operational improvements, but net profit margin remains deeply negative due to significant net losses. Both EBIT and EBITDA margins are substantially negative, reflecting ongoing operational challenges and high costs relative to revenue.

Balance Sheet

The balance sheet of Beyond Meat indicates a precarious financial position. The debt-to-equity ratio is concerning due to negative equity, which suggests financial instability and potential solvency issues. Return on equity is negative, aligning with the company's net losses. Equity ratio is also negative, further highlighting the company's high leverage and financial risk.

Cash Flow

Cash flow analysis shows Beyond Meat is facing cash management challenges. Operating cash flow and free cash flow are negative, although there is a slight improvement from 2023 to 2024. The company has struggled to generate cash from operations, impacting its ability to sustain operations without external financing. The free cash flow to net income ratio is negative, indicating operational cash flow issues relative to net losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	301.35M	326.45M	343.38M	418.93M	464.70M	406.79M
Gross Profit	31.84M	41.70M	-82.66M	-23.74M	117.28M	122.28M
EBITDA	-135.16M	-133.01M	-282.19M	-305.44M	-150.34M	-34.46M
Net Income	-157.52M	-160.28M	-338.14M	-347.19M	-179.13M	-52.75M
Balance Sheet
Total Assets	687.82M	678.15M	774.45M	1.06B	1.38B	468.01M
Cash, Cash Equivalents and Short-Term Investments	103.50M	131.91M	190.50M	309.92M	733.29M	159.13M
Total Debt	1.28B	1.22B	1.22B	1.19B	1.16B	40.11M
Total Liabilities	1.28B	1.28B	1.29B	1.27B	1.25B	100.91M
Stockholders Equity	-680.94M	-601.21M	-513.37M	-203.55M	132.50M	367.10M
Cash Flow
Free Cash Flow	-125.27M	-109.83M	-118.39M	-393.54M	-437.33M	-99.98M
Operating Cash Flow	-110.35M	-98.81M	-107.83M	-320.24M	-301.37M	-39.99M
Investing Cash Flow	-13.48M	-6.23M	-9.49M	-87.53M	-147.48M	-74.90M
Financing Cash Flow	85.46M	45.78M	-550.00K	276.00K	1.02B	-1.76M

Beyond Meat Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BYND, the sentiment is Negative. The current price of 2.5 is below the 20-day moving average (MA) of 2.65, below the 50-day MA of 3.16, and below the 200-day MA of 3.45, indicating a bearish trend. The MACD of -0.20 indicates Negative momentum. The RSI at 38.48 is Neutral, neither overbought nor oversold. The STOCH value of 52.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BYND.

Beyond Meat Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NATR	80 Outperform	$297.16M	22.59	9.15%	―	4.33%	-6.33%
Sector *	63 Neutral	$20.44B	14.73	-2.94%	3.07%	2.04%	-6.12%
BGS	51 Neutral	$360.82M	―	-35.36%	16.85%	-6.91%	-83.51%
BRCC	48 Neutral	$384.75M	―	-89.88%	―	-4.59%	-19.09%
LSF	42 Neutral	$61.75M	―	-8.34%	―	22.79%	74.00%
BYND	39 Underperform	$191.62M	―	44.21%	―	-5.17%	56.19%
STKH	33 Underperform	$2.94M	―	-136.13%	―	―	―

Beyond Meat Corporate Events

Beyond Meat Announces Workforce Reduction to Cut Costs

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.

Beyond Meat Subleases Space in El Segundo Deal

On July 22, 2025, Beyond Meat, Inc. entered into a Sublease Agreement with Varda Space Industries, Inc. to sublease approximately 54,749 rentable square feet in El Segundo, California. This agreement, which includes both improved and unimproved spaces, is set to expire on October 31, 2033, and involves structured rent payments with provisions for rent abatements and improvement allowances, potentially impacting Beyond Meat’s operational costs and space utilization strategy.

Beyond Meat Secures $40 Million Loan Facility

On May 7, 2025, Beyond Meat entered into a Loan and Security Agreement with Unprocessed Foods, LLC, securing a senior secured delayed-draw term loan facility of up to $100 million. On June 26, 2025, the company drew $40 million from this facility for general corporate purposes, with the loans maturing on February 7, 2030. Additionally, Beyond Meat issued warrants to Unprocessed Foods to purchase 3,823,454 shares of common stock, as part of the agreement, with plans to register these shares for resale.

Beyond Meat Elects New Directors at Annual Meeting

At the 2025 Annual Meeting of Stockholders held on May 20, 2025, Beyond Meat, Inc. elected Ethan Brown, Colleen Jay, and Raymond J. Lane as Class III directors to serve until 2028. Additionally, the stockholders ratified Deloitte & Touche LLP as the independent registered public accounting firm for 2025 and approved the compensation of the company’s named executive officers on a non-binding advisory basis.