Beyond (NYSE:BYON) PT Lowered to $37.00

Beyond (NYSE:BYON) had its price target decreased by research analysts at Wedbush from $43.00 to $37.00 in a report issued on Wednesday, Marketbeat reports. The firm presently has an “outperform” rating on the stock. Wedbush’s price objective would suggest a potential upside of 111.91% from the stock’s previous close. Wedbush also issued estimates for Beyond’s FY2026 earnings at $0.87 EPS.

A number of other analysts have also recently weighed in on BYON. Barclays increased their target price on shares of Beyond from $24.00 to $30.00 and gave the stock an “equal weight” rating in a report on Thursday, February 22nd. Compass Point began coverage on shares of Beyond in a report on Thursday, February 1st. They issued a “buy” rating and a $45.00 target price on the stock. Piper Sandler dropped their price target on Beyond from $27.00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, April 18th. Needham & Company LLC downgraded Beyond from a “buy” rating to a “hold” rating in a report on Wednesday. Finally, Maxim Group lowered their price objective on Beyond from $50.00 to $36.00 and set a “buy” rating for the company in a research note on Wednesday. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $32.83.

Beyond Stock Up 6.9 %

Shares of Beyond stock opened at $17.46 on Wednesday. The company has a 50-day moving average price of $28.74. Beyond has a fifty-two week low of $13.71 and a fifty-two week high of $39.27. The company has a market capitalization of $798.50 million, a price-to-earnings ratio of -2.14 and a beta of 3.92. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.45 and a current ratio of 1.51.

Beyond (NYSE:BYON) last issued its quarterly earnings results on Monday, May 6th. The company reported ($1.22) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.92) by ($0.30). Beyond had a negative net margin of 19.72% and a negative return on equity of 16.92%. The firm had revenue of $382.28 million during the quarter, compared to the consensus estimate of $389.36 million. During the same quarter last year, the firm posted ($0.10) earnings per share. Beyond’s revenue was up .3% compared to the same quarter last year. As a group, equities research analysts anticipate that Beyond will post -1.85 earnings per share for the current year.

About Beyond

Beyond, Inc operates as an online retailer of furniture and home furnishings products in the United States and Canada. The company offers furniture, bedding and bath, patio and outdoor gear, area rugs, tabletop and cookware, décor, storage and organization, small appliances, home improvement, and other products under the Bed Bath & Beyond brand.