Beyond Meat (BYND) Stock Forecast & Price Target

$7.36
+0.17 (+2.36%)
(As of 12:46 PM ET)

Beyond Meat - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
Based on 9 Analyst Ratings

Consensus Price Target

$5.56
-24.42% Downside
High Forecast$9.00
Average Forecast$5.56
Low Forecast$3.00
TypeCurrent Forecast
5/21/23 to 5/20/24
1 Month Ago
4/21/23 to 4/20/24
3 Months Ago
2/20/23 to 2/20/24
1 Year Ago
5/21/22 to 5/21/23
Consensus Rating
Sell
Sell
Sell
Reduce
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
Hold
3 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
5 Hold rating(s)
Sell
6 Sell rating(s)
5 Sell rating(s)
6 Sell rating(s)
5 Sell rating(s)
Consensus Price Target$5.56$6.00$7.88$14.27
Forecasted Upside-24.42% Downside-25.14% Downside-30.22% Downside-23.28% Downside
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BYND Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BYND Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Beyond Meat Stock vs. The Competition

TypeBeyond MeatConsumer Staples CompaniesS&P 500
Consensus Rating Score
1.33
2.44
2.49
Consensus RatingSellHoldHold
Predicted Upside-22.42% Downside641.00% Upside7.75% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/10/2024Canaccord Genuity Group
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 Lower TargetHold ➝ Hold$9.00 ➝ $7.00-2.78%
5/9/2024BMO Capital Markets
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 Lower TargetMarket Perform ➝ Market Perform$10.00 ➝ $9.00+25.52%
5/9/2024The Goldman Sachs Group
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 Lower TargetSell ➝ Sell$4.00 ➝ $3.50-57.37%
4/22/2024Mizuho
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 Lower TargetUnderperform ➝ Underperform$7.00 ➝ $6.00-6.40%
4/17/2024TD Cowen
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 Lower TargetSell ➝ Sell$10.00 ➝ $6.00-5.96%
2/29/2024Argus
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 UpgradeSell ➝ Hold
11/13/2023Consumer Edge
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 DowngradeEqual Weight ➝ Underweight$5.00-28.06%
11/2/2023Barclays
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 Lower TargetUnderweight ➝ Underweight$9.00 ➝ $5.00-28.57%
9/22/2023Piper Sandler
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 Lower TargetUnderweight ➝ Underweight$6.00 ➝ $3.00-69.57%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 01:09 PM ET.

BYND Frequently Asked Questions

What is Beyond Meat's stock forecast and purchase recommendation?

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Beyond Meat is $5.56, with a high forecast of $9.00 and a low forecast of $3.00. The consensus rating for Beyond Meat stock is Strong Sell based on the current 6 sell ratings and 3 hold ratings for BYND. Learn more on BYND's analyst rating history.

Do Wall Street analysts like Beyond Meat more than its competitors?

Analysts like Beyond Meat less than other "consumer staples" companies. The consensus rating for Beyond Meat is Sell while the average consensus rating for "consumer staples" companies is Hold. Learn more on how BYND compares to other companies.

Is Beyond Meat being upgraded by Wall Street analysts?

Over the previous 90 days, Beyond Meat's stock had 1 upgrade by analysts.

Does Beyond Meat's stock price have much downside?

According to analysts, Beyond Meat's stock has a predicted downside of -24.81% based on their 12-month stock forecasts.

What analysts cover Beyond Meat?

Beyond Meat has been rated by research analysts at Argus, BMO Capital Markets, Canaccord Genuity Group, Mizuho, TD Cowen, and The Goldman Sachs Group in the past 90 days.


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This page (NASDAQ:BYND) was last updated on 5/20/2024 by MarketBeat.com Staff

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