Beyond Meat, Inc., a plant-based meat company, engages in the development, manufacture, marketing, and sale of plant-based meat products under the Beyond brand name in the United States and internationally. The company sells a range of plant-based meat products that replicates beef, pork, and poultry meats. 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. The company was formerly known as Savage River, Inc. and changed its name to Beyond Meat, Inc. in September 2018. The company was incorporated in 2008 and is headquartered in El Segundo, California.
Financial Crossroads | Beyond Meat faces a critical juncture with improving gross margins but persistent cash burn, highlighting the company's complex financial landscape |
Product Evolution | Explore Beyond Meat's strategic shift towards key products and health-focused messaging, aiming to differentiate in a crowded plant-based market |
Market Challenges | Delve into Beyond Meat's struggle with declining U.S. sales and dependency on large customers, while seeking growth opportunities in European markets |
Future Prospects | Analyst price targets range from $2.50 to $6.00, reflecting cautious optimism about Beyond Meat's cost-cutting measures and international expansion plans |
Metrics to compare | BYND | Sector Sector - Average of metrics from a broad group of related Consumer Non-Cyclicals sector companies | Relationship RelationshipBYNDPeersSector | |
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P/E Ratio | −1.6x | 21.2x | 11.7x | |
PEG Ratio | −0.03 | 0.21 | 0.03 | |
Price/Book | −0.4x | 1.7x | 1.5x | |
Price / LTM Sales | 0.8x | 2.3x | 0.9x | |
Upside (Analyst Target) | −23.1% | 23.1% | 19.3% | |
Fair Value Upside | Unlock | 11.4% | 12.4% | Unlock |