Beyond MeatBYND
About: Beyond Meat Inc is a provider of plant-based meat company offering a portfolio of revolutionary plant-based meats. It builds meat directly from plants, an innovation that enables consumers to experience the taste, texture and other sensory attributes of popular animal-based meat products while enjoying the nutritional and environmental benefits of eating plant-based meat product It has products such as burgers, sausage, ground beef, jerky, meatballs and chicken. The company generates revenue from sales of its products to the customers across mainstream grocery, mass merchandiser, club store, convenience store and natural retailer channels, and various food-away-from-home channels, including restaurants, foodservice outlets and schools, mainly in the United States.
Employees: 686
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
3.97% less ownership
Funds ownership: 47.66% [Q1] → 43.69% (-3.97%) [Q2]
6% less funds holding
Funds holding: 228 [Q1] → 215 (-13) [Q2]
17% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 59
27% less capital invested
Capital invested by funds: $213M [Q1] → $155M (-$57.6M) [Q2]
30% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 43
65% less call options, than puts
Call options by funds: $52.2M | Put options by funds: $147M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Mizuho John Baumgartner 81% 1-year accuracy 13 / 16 met price target | 24%downside $5 | Underperform Maintained | 26 Aug 2024 |
BMO Capital Andrew Strelzik 57% 1-year accuracy 20 / 35 met price target | 9%downside $6 | Market Perform Maintained | 8 Aug 2024 |
Financial journalist opinion
Based on 4 articles about BYND published over the past 30 days