Beyond Meat (NASDAQ:BYND) has become an overnight sensation, rocketing upward as retail traders piled in amid a burst of meme-stock enthusiasm. An absurd 1.7 billion shares were traded last Tuesday – enough for each share of BYND to change hands more than four times in a single day. The stock was up more than 1,000% at one point last week, though it has since given back some of those gains.
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The frenzy was triggered by a Reddit user who goes by the name Capybara Stocks, whose bullish post last week struck a chord with meme traders and ignited a wave of speculative buying. In other words, BYND’s meteoric rise has been powered by the hopes and dreams of traders hoping to make a quick buck.
Top investor Jeremy Bowman urges caution, warning that those who chase the feeding frenzy risk being left holding the bag once the excitement fades.
“Beyond Meat’s fundamentals are seriously weak,” explains the 5-star investor, who is among the top 1% of stock pros covered by TipRanks.
For one thing, the company’s revenues are going down, points out Bowman, as consumers have determined that the company’s products are simply not to their liking. Revenues fell by 19.6% in Q2 2025, and Beyond Meat has also experienced negative gross profit for several quarters.
“Not only has Beyond Meat not caught on with consumers, it costs too much to make it,” adds Bowman.
However, even if the company is failing, can investors still make a profit from this meme stock? Bowman acknowledges that it is a possibility, and a lucky few could capitalize on this developing story. However, there is a greater likelihood that most investors will end up getting “burned.”
In fact, Bowman believes that Beyond Meat is headed down the slippery path to bankruptcy.
“Like so many failed consumer products in the past, people have tried it and aren’t interested in buying it,” sums up Bowman. (To watch Jeremy Bowman’s track record, click here)
Wall Street is keeping its distance from BYND as well. With 3 Holds and 5 Sells, BYND carries a Moderate Sell rating. Its 12-month average price target of $2.08 suggests shares will stay range-bound for the foreseeable future. (See BYND stock forecast)
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Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.