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Beyond Meat (BYND)
NASDAQ:BYND

Beyond Meat (BYND) AI Stock Analysis

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BYND

Beyond Meat

(NASDAQ:BYND)

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Neutral 46 (OpenAI - 5.2)
Rating:46Neutral
Price Target:
$0.81
▲(4.23% Upside)
The score is weighed down primarily by weak financial performance (losses, margin pressure, negative cash flow, and negative equity). Technicals remain bearish over longer horizons, and valuation metrics provide limited support due to negative earnings and no dividend. Offsetting factors include turnaround actions from the earnings call and ongoing balance-sheet restructuring, but demand and margin challenges remain prominent.
Positive Factors
Debt Reduction
Significant debt reduction enhances financial stability and reduces leverage, providing more flexibility for strategic investments and growth.
Product Line Expansion
Expanding product lines with innovative offerings can capture new market segments and drive long-term revenue growth.
U.S. Distribution Expansion
Expanding distribution in major retail outlets strengthens market presence and supports sustained revenue growth.
Negative Factors
Declining Revenue
Ongoing revenue decline indicates challenges in market demand and competitive pressures, impacting long-term growth potential.
Gross Margin Pressure
Decreasing gross margins suggest cost management issues and could limit profitability, affecting financial sustainability.
International Market Challenges
Challenges in international markets may hinder global expansion efforts and limit revenue diversification opportunities.

Beyond Meat (BYND) vs. SPDR S&P 500 ETF (SPY)

Beyond Meat Business Overview & Revenue Model

Company DescriptionBeyond Meat, Inc. manufactures, markets, and sells plant-based meat products in the United States and internationally. The company sells a range of plant-based meat products across the platforms of beef, pork, and poultry. It sells its products through grocery, mass merchandiser, club store, convenience store and natural retailer channels, and direct-to-consumer, as well as various food-away-from-home channels, including restaurants, foodservice outlets, and schools. The company was formerly known as Savage River, Inc. and changed its name to Beyond Meat, Inc. in September 2018. Beyond Meat, Inc. was founded in 2009 and is headquartered in El Segundo, California.
How the Company Makes MoneyBeyond Meat generates revenue primarily through the sale of its plant-based products to retail and food service customers. Key revenue streams include direct sales to grocery stores and supermarkets, as well as partnerships with major fast-food chains and restaurant groups that feature Beyond Meat products on their menus. Notable partnerships have included collaborations with companies like McDonald's and Taco Bell, which have helped to significantly enhance brand visibility and product distribution. Additionally, Beyond Meat has been exploring international markets and expanding its product line, which further contributes to its revenue growth. The company also invests in marketing and promotional campaigns to increase consumer awareness and drive demand for its products.

Beyond Meat Key Performance Indicators (KPIs)

Any
Any
Pounds Sold
Pounds Sold
Measures the total weight of products sold, indicating market demand and the company's ability to scale production and distribution.
Chart InsightsBeyond Meat is experiencing a notable decline in pounds sold across most segments, particularly in the U.S. retail and international foodservice channels. This trend aligns with the earnings call, which highlighted a 20% revenue drop and challenges in these areas. Despite introducing new products and seeing some growth in U.S. foodservice, the company's broader struggles with demand and distribution are evident. Strategic efforts to reduce costs and enhance margins are underway, but achieving EBITDA positive operations by 2026 remains a significant challenge amid ongoing market softness.
Data provided by:The Fly

Beyond Meat Earnings Call Summary

Earnings Call Date:Nov 10, 2025
(Q3-2025)
|
% Change Since: |
Next Earnings Date:Mar 04, 2026
Earnings Call Sentiment Neutral
The earnings call highlighted significant financial restructuring and new product initiatives that are promising for future growth. However, the company continues to face challenges with declining revenue, margin pressures, and international market softness, indicating that the turnaround is still underway.
Q3-2025 Updates
Positive Updates
Significant Balance Sheet Restructuring
Reduced debt levels by approximately $900 million (75% of total leverage) and put in place a path to potentially convert another $209 million, leading to a potential total reduction of over 90% in outstanding debt.
Cash Infusion Through ATM Program
Raised nearly $150 million in cash through the completion of the existing ATM program.
Expansion in U.S. Retail and Foodservice
Rebuilding distribution in U.S. retail with plans to increase availability of select products at over 2,000 Walmart stores nationwide.
Introduction of New Product Lines
Launched new product lines such as Beyond Steak Filet and Beyond Ground, emphasizing clean, simple ingredients with high protein content.
Negative Updates
Decline in Net Revenue
Net revenue of $70.2 million, representing a 13.3% year-over-year decline due to ongoing category challenges and reduced volume.
Gross Margin Pressure
Gross margin decreased from 17.7% to 10.3% year-over-year due to less favorable product mix and higher trade promotion spending.
Operating Loss and Impairment Charges
Net loss of $110.7 million in the third quarter, including a $77.4 million non-cash impairment charge related to certain long-lived assets.
Challenges in International Markets
Year-over-year declines in two of the top three markets in the EU, reflecting softer macroeconomic environment in plant-based meat.
Company Guidance
During the Beyond Meat, Inc. 2025 Third Quarter Conference Call, Ethan Brown, the CEO, provided guidance on several key metrics and initiatives aimed at turning around the company's performance. The company reported a net revenue of $70.2 million, representing a 13.3% year-over-year decline, attributed to ongoing category challenges and a less favorable product mix. Gross margin dropped to 10.3% from 17.7% the previous year, impacted by lower volumes and non-cash charges related to China operations. Beyond Meat successfully reduced its debt by approximately $900 million, with plans to potentially convert another $209 million, significantly lowering its leverage. The company is focused on rebuilding U.S. retail and foodservice distribution, enhancing product health profiles, and implementing cost-cutting measures through its transformation office. Lastly, the company expects fourth-quarter revenues to range between $60 million and $65 million, indicating continued demand challenges in the plant-based meat category.

Beyond Meat Financial Statement Overview

Summary
Financial statements indicate material weakness: declining revenue, negative and pressured margins, ongoing net losses, negative operating/free cash flow, and a precarious balance sheet with negative equity and elevated solvency risk.
Income Statement
30
Negative
Beyond Meat's income statement reveals significant challenges. The company has experienced declining revenue growth, with a negative trend in recent years. Gross profit margins have been volatile, with recent periods showing negative margins, indicating cost management issues. Net profit margins are deeply negative, reflecting ongoing losses. The EBIT and EBITDA margins are also negative, highlighting operational inefficiencies. Overall, the income statement suggests financial instability and a need for strategic improvements.
Balance Sheet
25
Negative
The balance sheet of Beyond Meat shows a concerning financial structure. The company has a negative stockholders' equity, leading to a negative debt-to-equity ratio, which indicates high leverage and financial risk. Return on equity is positive but misleading due to negative equity. The equity ratio is also negative, suggesting that liabilities exceed assets. These factors point to a precarious financial position and potential solvency issues.
Cash Flow
35
Negative
Beyond Meat's cash flow statement indicates persistent cash flow challenges. Operating cash flow is negative, and while free cash flow has shown some growth, it remains negative. The operating cash flow to net income ratio is negative, reflecting cash flow difficulties in covering net losses. The free cash flow to net income ratio is above 1, indicating that free cash flow is slightly better than net income, but overall cash flow health is weak.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue290.56M326.45M343.38M418.93M464.70M406.79M
Gross Profit27.96M41.70M-11.35M-23.74M117.28M122.28M
EBITDA-196.28M-125.50M-205.53M-292.93M-137.48M-29.62M
Net Income-237.71M-160.28M-338.14M-366.14M-182.10M-52.75M
Balance Sheet
Total Assets599.67M678.15M774.45M1.06B1.38B468.01M
Cash, Cash Equivalents and Short-Term Investments117.30M131.91M190.50M309.92M733.29M159.13M
Total Debt1.31B1.22B1.22B1.19B1.16B40.11M
Total Liabilities1.38B1.28B1.29B1.27B1.25B100.91M
Stockholders Equity-784.07M-601.21M-513.37M-203.55M132.50M367.10M
Cash Flow
Free Cash Flow-142.90M-109.83M-118.39M-393.54M-437.33M-99.98M
Operating Cash Flow-127.09M-98.81M-107.83M-320.24M-301.37M-39.99M
Investing Cash Flow-14.21M-6.23M-9.49M-87.53M-147.48M-74.90M
Financing Cash Flow134.88M45.78M-550.00K276.00K1.02B-1.76M

Beyond Meat Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.78
Price Trends
50DMA
1.01
Negative
100DMA
1.51
Negative
200DMA
2.25
Negative
Market Momentum
MACD
-0.06
Positive
RSI
34.03
Neutral
STOCH
1.23
Positive
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 0.78 is below the 20-day moving average (MA) of 0.93, below the 50-day MA of 1.01, and below the 200-day MA of 2.25, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 34.03 is Neutral, neither overbought nor oversold. The STOCH value of 1.23 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BYND.

Beyond Meat Risk Analysis

Beyond Meat disclosed 84 risk factors in its most recent earnings report. Beyond Meat reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Beyond Meat Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
80
Outperform
$421.64M30.609.52%6.62%-7.85%
62
Neutral
$20.33B14.63-3.31%3.23%1.93%-12.26%
50
Neutral
$342.30M-1.36-40.86%17.12%-6.04%-844.18%
50
Neutral
$35.27M-17.31-14.63%17.73%-34.71%
46
Neutral
$376.46M-0.24-10.17%24.25%
45
Neutral
$203.45M-5.87-35.78%-3.42%-85.49%
40
Underperform
$3.73M-0.03-136.13%
* Consumer Defensive Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
BYND
Beyond Meat
0.78
-3.18
-80.40%
BGS
B&G Foods
4.29
-1.48
-25.62%
NATR
Nature's Sunshine Products
24.83
10.92
78.50%
LSF
Laird Superfood
3.11
-4.44
-58.81%
STKH
Steakholder Foods
2.31
-61.69
-96.39%
BRCC
BRC
0.83
-1.88
-69.52%

Beyond Meat Corporate Events

Business Operations and StrategyPrivate Placements and Financing
Beyond Meat Enhances Noteholder Protections With Indenture Amendment
Positive
Jan 12, 2026

On January 12, 2026, Beyond Meat, Inc. and its wholly owned subsidiary Beyond Meat EU B.V. executed a supplemental indenture with Wilmington Trust, National Association, as trustee and collateral agent, modifying an October 15, 2025 indenture governing the company’s Convertible Senior Secured Second Lien PIK Toggle Notes due 2030. The amendment adds Beyond Meat EU B.V. as a guarantor of the notes and extends second-priority security interests over the assets of both Beyond Meat and its subsidiary, strengthening the collateral package for noteholders and potentially enhancing creditor protections in the company’s capital structure.

The most recent analyst rating on (BYND) stock is a Sell with a $0.84 price target. To see the full list of analyst forecasts on Beyond Meat stock, see the BYND Stock Forecast page.

Business Operations and StrategyExecutive/Board Changes
Beyond Meat Appoints Tony Kalajian as Chief Accounting Officer
Positive
Jan 5, 2026

On December 29, 2025, Beyond Meat entered into an offer letter with veteran finance executive Tony Kalajian and, on January 5, 2026, its board appointed him Chief Accounting Officer and principal accounting officer effective January 12, 2026, or his actual start date. The move ends Chief Financial Officer and Treasurer Lubi Kutua’s interim role as principal accounting officer and installs a seasoned public-company accounting leader with extensive experience across healthcare, biotechnology, diagnostics and technology firms, under a compensation package combining a $325,000 base salary, annual bonus eligibility and multi-year equity awards, signaling the company’s effort to strengthen its finance and reporting infrastructure and bolster governance as it navigates its next phase of growth.

The most recent analyst rating on (BYND) stock is a Sell with a $0.95 price target. To see the full list of analyst forecasts on Beyond Meat stock, see the BYND Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Beyond Meat amends debt agreements to enhance equity financing
Negative
Dec 23, 2025

On December 22, 2025, Beyond Meat amended an existing intercreditor agreement tied to its 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030 and loans under its Loan and Security Agreement, allowing the company to exchange certain second lien debt obligations for shares of its common stock, a move that provides additional flexibility to reduce debt through equity and could affect the capital structure and recovery expectations of creditors and shareholders. Also on December 22, 2025, Beyond Meat and its lender Unprocessed Foods agreed via a side letter to reduce the strike price on previously issued warrants from $3.26 to $1.95 per share, without changing the number of underlying shares, to fully reflect dilution from earlier and potential future equity issuances associated with exchanges and interest payments on its new convertible notes, effectively increasing the warrants’ in-the-money potential and further highlighting the company’s reliance on equity-linked financing.

The most recent analyst rating on (BYND) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Beyond Meat stock, see the BYND Stock Forecast page.

Business Operations and StrategyExecutive/Board Changes
Beyond Meat CFO Assumes Principal Accounting Officer Role
Neutral
Dec 18, 2025

On December 18, 2025, Beyond Meat, Inc. terminated the employment of its Vice President, Corporate Controller and principal accounting officer, Yi (Jevy) Luo, with his last working day on December 18 and his final day of employment set for December 23, 2025. The company’s Chief Financial Officer and Treasurer, Lubi Kutua, has assumed the additional role of principal accounting officer effective December 18, 2025, without a change in compensation, consolidating key finance functions under his oversight while the company conducts a search for a permanent replacement, a move that may streamline financial leadership in the interim for stakeholders monitoring governance and reporting continuity.

The most recent analyst rating on (BYND) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Beyond Meat stock, see the BYND Stock Forecast page.

Legal Proceedings
Beyond Meat to Appeal $38.9M Trademark Verdict
Negative
Nov 26, 2025

Beyond Meat has been involved in two significant legal disputes. The first involves a trademark infringement case filed by Sonate Corporation, claiming Beyond Meat’s use of certain taglines infringed on Sonate’s trademark. The case, which began in 2022, concluded with a jury verdict in November 2025, finding Beyond Meat liable and awarding damages totaling $38.9 million. Beyond Meat plans to appeal the decision. The second dispute involves Aliments BVeggie, Inc., which filed a lawsuit in 2023 alleging breach of a co-manufacturing agreement and seeking damages of CAD 129,841,920. The case has been referred to arbitration in California following a series of legal proceedings in Canada, with BVeggie appealing the decision.

The most recent analyst rating on (BYND) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on Beyond Meat stock, see the BYND Stock Forecast page.

Business Operations and StrategyPrivate Placements and FinancingShareholder Meetings
Beyond Meat Stockholders Approve Equity Incentive Plan Amendment
Positive
Nov 20, 2025

On November 19, 2025, Beyond Meat‘s stockholders approved an amendment to the 2018 Equity Incentive Plan, increasing the number of shares authorized for issuance. This decision, alongside the final settlement of the company’s exchange offer on October 30, 2025, supports the issuance of new Convertible Senior Secured Second Lien PIK Toggle Notes due 2030. Additionally, a Charter Amendment was filed to increase the authorized shares from 500 million to 3 billion, facilitating the conversion of new notes and supporting the Restated Plan. These changes reflect strategic moves to enhance the company’s financial flexibility and reward key employees, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (BYND) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Beyond Meat stock, see the BYND Stock Forecast page.

Business Operations and StrategyPrivate Placements and FinancingShareholder Meetings
Beyond Meat Announces Conversion Rate for 2030 Notes
Neutral
Nov 14, 2025

On November 14, 2025, Beyond Meat announced the initial conversion rate for its 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030. The conversion rate is set at 572.7784 shares of common stock per $1,000 principal amount, equating to a conversion price of approximately $1.7459 per share. This announcement follows the company’s recent issuance of over 317 million shares in connection with an exchange offer for its 0% Convertible Senior Notes due 2027. The company plans to seek stockholder approval for the issuance of additional shares related to the 2030 Convertible Notes at a special meeting on November 19, 2025. This move is part of Beyond Meat’s strategy to manage its financial obligations and potentially impact its market position and stakeholder interests.

The most recent analyst rating on (BYND) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on Beyond Meat stock, see the BYND Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Beyond Meat Completes Strategic Financial Restructuring
Neutral
Oct 30, 2025

On October 30, 2025, Beyond Meat announced the final settlement of its Exchange Offer, which involved exchanging its 0% Convertible Senior Notes due 2027 for new 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030 and shares of its common stock. This exchange resulted in the issuance of $209,721,000 in new convertible notes and 317,834,446 new shares, representing 97.44% of the outstanding principal amount of the existing notes. The move is part of Beyond Meat’s strategic financial restructuring, potentially impacting its market positioning and offering implications for its stakeholders.

The most recent analyst rating on (BYND) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Beyond Meat stock, see the BYND Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jan 13, 2026