Beyond Meat’s (BYND) stock surged 9.12% on Tuesday as retail traders ramped up bullish options bets. The jump came as active traders rushed in and trading volumes spiked, pushing the stock sharply higher despite ongoing business challenges. On Wednesday, BYND stock is up more than 3% in pre-market trading. However, even with this bounce, shares remain down over 67% in the past five days.
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For context, Beyond Meat is a plant-based protein company that develops and sells meat alternatives, including burgers, sausages, and chicken products.
A Quick Recap on BYND Stock
Beyond Meat began with massive hype. After its 2019 IPO, the stock shot up to almost $240, fueled by excitement around plant-based diets and support from high-profile investors like Bill Gates and Leonardo DiCaprio. Over time, the excitement quickly cooled as shoppers grew tired of high prices, and interest in plant-based meat slowed.
Lately, the stock showed a spark of recovery, jumping from about $0.52 in mid-October to above $7.00 in less than a week before falling back to around $2. It surged mainly after Beyond Meat expanded its Walmart (WMT) partnership to 2,000 U.S. stores. Still, most of the rally seems tied less to real business improvement and more to meme-trader hype returning to the stock.
Year-to-date, BYND stock has declined by over 45%.
Options Traders Signal Bullish Trend in BYND Stock
BYND stock closed at $1.98 on Tuesday, October 28. At the same time, trading activity in Beyond Meat options is much higher than usual, with 758K contracts changing hands. Most of those are call options, showing strong bullish interest, and the put/call ratio has dropped to 0.37 from a more normal level of around 1.07. To simplify, calls are bets that the stock will rise, while puts bet it will fall. Also, a put/call ratio below one suggests a bullish sentiment.
Implied volatility is also very high, sitting near 272.45, which is among the highest readings of the past year and suggests the stock could swing about $0.34 per day.
Looking ahead, investors are expecting big price swings when Beyond Meat reports Q3 earnings on November 4, 2025. Options pricing suggests there is about a 50% chance the stock will move more than 33.8% (about $0.66) in either direction after the results.
Is Beyond Meat a Good Stock to Buy?
Turning to Wall Street, analysts have a Moderate Sell consensus rating on BYND stock based on five Sells and two Holds assigned in the past three months. Furthermore, the average Beyond Meat stock price target of $2.08 per share implies an upside of over 5% from the current level.
