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Beyond Meat (BYND)
NASDAQ:BYND

Beyond Meat (BYND) AI Stock Analysis

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Beyond Meat

(NASDAQ:BYND)

Rating:45Neutral
Price Target:
$3.00
▲(5.26%Upside)
Beyond Meat's overall stock score reflects significant financial and operational challenges, underscored by negative margins and cash flow issues. While there are efforts to stabilize through new product launches and cost reductions, the current financial instability and valuation concerns weigh heavily on the stock's attractiveness.
Positive Factors
Revenue Growth
While revenue is growing again, which is encouraging from a fundamental perspective.
Sales Guidance
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
Financial Performance
Beyond Meat 1Q sales and EBITDA missed internal expectations.
Liquidity Concerns
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.
U.S. Sales Decline
US Sales impacted by weak demand, with U.S. retail sales decreasing by 15.4% and U.S. Foodservice declining by 23.5%.

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

Beyond Meat Business Overview & Revenue Model

Company DescriptionBeyond Meat, Inc. is a leading plant-based protein company that produces innovative food products designed to replicate the taste and texture of animal-based meats. Operating in the food production sector, Beyond Meat offers a range of products including burgers, sausages, ground beef, and more, catering to consumers seeking sustainable and healthier alternatives to traditional meat. Headquartered in El Segundo, California, the company is committed to improving human health, climate change, constraints on natural resources, and animal welfare.
How the Company Makes MoneyBeyond Meat generates revenue primarily through the sale of its plant-based meat products. The company's key revenue streams include retail sales through grocery stores, supermarkets, and online platforms, as well as foodservice sales to restaurants, cafés, and other food establishments. Beyond Meat has partnered with various foodservice providers and fast-food chains to integrate its products into their menus, enhancing its market reach and brand visibility. The company's earnings are significantly influenced by consumer demand for plant-based protein, expansion into international markets, and ongoing product innovation to meet diverse dietary preferences.

Beyond Meat Key Performance Indicators (KPIs)

Any
Any
Pounds Sold
Pounds Sold
Indicates the total volume of products sold, providing insight into market demand and sales performance.
Chart InsightsBeyond Meat's US Retail and Foodservice segments are experiencing a downward trend in pounds sold, reflecting broader challenges highlighted in the earnings call, such as declining net revenues and negative gross margins. The company is facing significant distribution issues in the US, compounded by macroeconomic pressures. However, the International Foodservice segment shows resilience with growth driven by increased sales of chicken products. Strategic initiatives like new product launches and a $100 million financing facility aim to stabilize operations and improve financial health amidst these challenges.
Data provided by:Main Street Data

Beyond Meat Earnings Call Summary

Earnings Call Date:May 07, 2025
(Q1-2025)
|
% Change Since: 12.20%|
Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment Negative
The earnings call highlighted significant challenges, including a decline in net revenues, negative gross margin, and withdrawal of full-year guidance, signaling macroeconomic pressures and internal operational issues. However, there were positive developments such as new product launches, a financing facility, and targeted marketing campaigns aiming to improve consumer perception and stabilize the business.
Q1-2025 Updates
Positive Updates
New Financing Facility
Beyond Meat closed on a financing facility providing up to $100 million in new senior secured debt from Unprocessed Foods LLC, offering additional liquidity to advance strategic priorities and invest in growth.
Launch of Beyond Chicken Pieces
Beyond Meat announced the nationwide launch of Beyond Chicken Pieces at Kroger, highlighting a simple ingredient deck and 21 grams of protein.
Real People, Real Results Campaign
Beyond Meat launched a marketing campaign showcasing health improvements from eating a plant-based diet, aiming to dispel misinformation about their products.
International Food Service Growth
International Food Service Channel net revenues increased 12.1% to $15.3 million, driven by a 13.5% increase in volume of products sold, primarily due to increased sales of chicken products to a large QSR customer.
Negative Updates
Decline in Net Revenues
Net revenues decreased 9.1% to $68.7 million in Q1 2025, primarily driven by an 11.2% decrease in volume of products sold, with significant declines in U.S. Retail and Food Service channels.
Negative Gross Margin
Gross profit resulted in a loss of $1.1 million, or a gross margin of negative 1.5%, partly due to extraordinary charges related to strategic inventory reductions and expenses from suspending operations in China.
Operating Expenses and Net Loss
Operating expenses were $55.1 million, including $7.2 million in transient expenses. The net loss was $52.9 million compared to $54.4 million in the year-ago period.
Withdrawal of Full-Year Guidance
Due to macroeconomic uncertainty and demand softness, Beyond Meat withdrew its full-year guidance, limiting its outlook to Q2 net revenue expectations.
Challenges in U.S. Market
Beyond Meat faced distribution challenges as certain retailers transitioned products from refrigerated to frozen aisles, which impacted availability and sales.
Company Guidance
During the Beyond Meat First Quarter 2025 Conference Call, management provided guidance amidst challenging conditions, including a 9.1% decrease in net revenues to $68.7 million and a gross margin of negative 1.5%. The company highlighted several extraordinary expenses, including a $5.2 million charge related to strategic inventory reductions and operational suspension in China. Operating expenses were $55.1 million, with $7.2 million attributed to non-routine charges. Adjusted EBITDA was a loss of $42.3 million. To bolster its financial position, Beyond Meat secured a $100 million financing facility, with an initial interest rate of 12%, extending its maturity to 2030. The company retracted its full-year guidance due to macroeconomic uncertainties, focusing instead on achieving EBITDA positivity by the end of 2026.

Beyond Meat Financial Statement Overview

Summary
Beyond Meat's financial performance is concerning. The company faces declining revenue, negative net profit margin, and substantial operational challenges. The balance sheet shows high leverage and potential solvency issues, while cash flow remains negative despite slight improvements.
Income Statement
15
Very Negative
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
10
Very Negative
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
20
Very Negative
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
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
326.45M343.38M418.93M464.70M406.79M
Gross Profit
41.70M-82.66M-23.74M117.28M122.28M
EBIT
-156.12M-341.90M-342.77M-159.14M-42.91M
EBITDA
-156.12M-282.19M-305.44M-150.34M-34.46M
Net Income Common Stockholders
-160.28M-338.14M-347.19M-179.13M-52.75M
Balance SheetCash, Cash Equivalents and Short-Term Investments
131.91M190.50M309.92M733.29M159.13M
Total Assets
678.15M774.45M1.06B1.38B468.01M
Total Debt
1.22B1.22B1.19B1.16B40.11M
Net Debt
1.09B1.03B883.82M424.06M-119.02M
Total Liabilities
1.28B1.29B1.27B1.25B100.91M
Stockholders Equity
-539.75M-513.37M-203.55M132.50M367.10M
Cash FlowFree Cash Flow
-109.83M-118.39M-393.54M-437.33M-99.98M
Operating Cash Flow
-98.81M-107.83M-320.24M-301.37M-39.99M
Investing Cash Flow
-6.23M-9.49M-87.53M-147.48M-74.90M
Financing Cash Flow
45.78M-550.00K276.00K1.02B-1.76M

Beyond Meat Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price2.85
Price Trends
50DMA
2.82
Positive
100DMA
3.29
Negative
200DMA
4.49
Negative
Market Momentum
MACD
0.06
Negative
RSI
66.17
Neutral
STOCH
79.24
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BYND, the sentiment is Neutral. The current price of 2.85 is above the 20-day moving average (MA) of 2.62, above the 50-day MA of 2.82, and below the 200-day MA of 4.49, indicating a neutral trend. The MACD of 0.06 indicates Negative momentum. The RSI at 66.17 is Neutral, neither overbought nor oversold. The STOCH value of 79.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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 3 New Risks
1.
Risk Factors - Risks Related to our Business -The Company is subject to accounting estimate risks" Q3, 2024
2.
, Commitments and Contingencies Q3, 2024
3.
Legal Proceedings, Q3, 2024

Beyond Meat Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
70
Outperform
$1.48B29.5220.42%23.96%30.96%
65
Neutral
$548.98M-0.96%12.19%92.40%
65
Neutral
$8.84B14.904.69%203.33%3.49%-1.84%
WMWMK
61
Neutral
$1.98B18.467.54%1.85%1.76%6.01%
52
Neutral
$338.64M-85.68%4.56%57.03%
46
Neutral
$28.94M-0.47%-2.80%16.13%
45
Neutral
$217.94M44.21%-2.19%55.86%
* Consumer Defensive Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
BYND
Beyond Meat
3.13
-4.04
-56.35%
WMK
Weis Markets
76.69
13.33
21.04%
WVVI
Willamette Valley Vineyards
5.87
1.68
40.10%
VITL
Vital Farms
33.14
-7.26
-17.97%
HNST
Honest Company
4.98
2.17
77.22%
OTLY
Oatly Group
11.06
-10.34
-48.32%

Beyond Meat Corporate Events

Executive/Board ChangesShareholder Meetings
Beyond Meat Elects New Directors at Annual Meeting
Neutral
May 23, 2025

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.

The most recent analyst rating on (BYND) stock is a Sell with a $3.00 price target. To see the full list of analyst forecasts on Beyond Meat stock, see the BYND Stock Forecast page.

Business Operations and Strategy
Beyond Meat Amends Lease Agreement in El Segundo
Negative
May 15, 2025

On May 9, 2025, Beyond Meat, Inc. amended its lease agreement with HC Hornet Way, LLC, resulting in the surrender of approximately 61,566 square feet of its premises in El Segundo, California. This amendment involves a $1 million termination fee, equipment transfer, and construction modifications, impacting the company’s operational footprint and financial obligations.

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.

Private Placements and FinancingFinancial Disclosures
Beyond Meat Secures $100 Million Financing Agreement
Negative
May 7, 2025

On May 7, 2025, Beyond Meat announced a $100 million senior secured financing agreement with Unprocessed Foods, LLC, an affiliate of the Ahimsa Foundation. This agreement introduces a Delayed Draw Term Loan Facility, allowing Beyond Meat to draw funds until February 2026, with an initial maturity date set for February 2030. The financing aims to bolster Beyond Meat’s financial position amid declining revenues and operational losses reported for the first quarter of 2025. The company experienced a 9.1% decrease in net revenues compared to the previous year, attributed to reduced product demand in the U.S. retail and foodservice channels. Despite these challenges, Beyond Meat is committed to cost-saving measures and aims to achieve EBITDA-positive operations by the end of 2026.

Executive/Board ChangesBusiness Operations and Strategy
Beyond Meat Announces CMO Departure Amid Restructuring
Neutral
Mar 17, 2025

Beyond Meat, Inc. announced the departure of its former Chief Marketing Officer, Akerho ‘AK’ Oghoghomeh, as part of a reduction in force, with his last working day being February 25, 2025. A separation agreement was reached on March 12, 2025, which included a severance package and other benefits, indicating a strategic restructuring effort within the company.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.