Beyond Meat (NASDAQ:BYND) Shares Down 9% Following Weak Earnings

Beyond Meat, Inc. (NASDAQ:BYND) fell 9% during mid-day trading on Tuesday following a dissappointing earnings announcement. The company traded as low as $1.18 and last traded at $1.22. 79,515,297 shares were traded during mid-day trading, an increase of 57% from the average session volume of 50,597,465 shares. The stock had previously closed at $1.34.

The company reported ($0.47) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.39) by ($0.08). The firm had revenue of $70.22 million for the quarter, compared to analyst estimates of $68.82 million. Beyond Meat has set its Q4 2025 guidance at EPS.

Analyst Ratings Changes

Several brokerages have weighed in on BYND. JPMorgan Chase & Co. initiated coverage on Beyond Meat in a research note on Wednesday, August 20th. They issued an “underweight” rating on the stock. TD Cowen decreased their price target on shares of Beyond Meat from $2.00 to $0.80 and set a “sell” rating on the stock in a research note on Tuesday, October 14th. BTIG Research reaffirmed a “neutral” rating on shares of Beyond Meat in a research note on Friday, October 24th. Argus cut shares of Beyond Meat from a “hold” rating to a “sell” rating in a research report on Monday, September 15th. Finally, Mizuho cut their price target on Beyond Meat from $2.00 to $1.50 and set an “underperform” rating on the stock in a research note on Friday, October 24th. Two analysts have rated the stock with a Hold rating and seven have given a Sell rating to the company’s stock. According to data from MarketBeat, Beyond Meat presently has a consensus rating of “Strong Sell” and a consensus target price of $2.08.

Institutional Trading of Beyond Meat

Institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. grew its stake in Beyond Meat by 1.5% during the third quarter. Vanguard Group Inc. now owns 4,780,045 shares of the company’s stock worth $9,034,000 after buying an additional 69,423 shares during the last quarter. Baader Bank Aktiengesellschaft acquired a new stake in Beyond Meat during the 3rd quarter worth approximately $44,000. Savant Capital LLC bought a new position in shares of Beyond Meat during the third quarter worth about $28,000. Regatta Capital Group LLC bought a new stake in Beyond Meat during the 3rd quarter worth about $38,000. Finally, Vontobel Holding Ltd. grew its position in shares of Beyond Meat by 38.0% in the 3rd quarter. Vontobel Holding Ltd. now owns 2,917,994 shares of the company’s stock valued at $5,515,000 after acquiring an additional 804,125 shares during the period. 52.48% of the stock is currently owned by institutional investors.

Beyond Meat Stock Performance

The firm has a fifty day simple moving average of $2.12 and a 200-day simple moving average of $2.72. The firm has a market cap of $485.08 million, a price-to-earnings ratio of -0.56 and a beta of 2.32.

Beyond Meat Company Profile

Beyond Meat, Inc, a plant-based meat company, develops, 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 stores, and natural retailer channels, as well as various food-away-from-home channels, including restaurants, foodservice outlets, and schools.