Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Beyond Meat, Inc. specializes in the creation, marketing, and distribution of plant-derived meat alternatives, operating both domestically within the United States and across international markets. The company provides a diverse selection of plant-based protein items, spanning categories such as beef, pork, and poultry substitutes. Its offerings are accessible to consumers through various retail channels, including grocery stores, mass merchandisers, club stores, convenience stores, and natural food retailers, in addition to direct online sales. Furthermore, Beyond Meat supplies its products to numerous away-from-home dining establishments, such as restaurants, institutional foodservice providers, and educational facilities. Originally incorporated as Savage River, Inc., the organization rebranded as Beyond Meat, Inc. in September 2018. The company was founded in 2009 and maintains its principal offices in El Segundo, California.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E.
Target Price
The average target price of BYND is 5.80 and suggests 3.81% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to d