![]() The shares of Beyond Meat currently trade at 107 per share, which is actually slightly below its pre-Covid level. This is still an area and industry that has some secular strengths," he said. Beyond Meat Stock: A Competitive Analysis. I'd want to see it retrace a little bit more before I buy but I think on the upside, there's still some room for it to grow. "I don't think I would be buying right now. Analyst price targets range from a low of 54.00 per share to a high of 122.00 per share. "The plant-based meat industry is something that's going to continue to grow but I do think the valuation is still a little bit out of line," Saporu said during the same interview.īeyond trades at 13 times trailing sales, while the benchmark S&P 500 trades at a far less three times. The average Beyond Meat price target is 78.83, implying 21 upside potential. ![]() If they can achieve those things, I think the future is very, very bright for Beyond Meat," Schlossberg said.ĭelano Saporu, founder of New Street Advisors, believes in the product but said the stock is still overvalued despite the pullback. "The key thing here is innovation and new product releases, and of course taste and cost. Retail sales still make up the bulk of revenue for Beyond – that segment generates 74% of total sales, while food service sits at 26%. "If they can just simply produce a cheaper, better product, the wholesale industry from McDonald's to your school lunches, could be a much more massive market for them than just your regular Joe consumer, and I think that's going to be the way forward for them." "Their product has tremendous amount of advantages if they can get it down to cost," he said. Personal Loans for 670 Credit Score or Lower For Beyond Meat stock forecast for 2031, 12 predictions are offered for each month of 2031 with average Beyond Meat stock forecast of 33. Personal Loans for 580 Credit Score or Lower Based on these price targets, the low is 69.33 off current price, whereas the. (BYND) 34 Comments Rogue Trader 1.56K Follower s. The company’s stock has been forecasted to trade at an average price of 10.27 over the course of the next 52 weeks, with a low of 5.00 and a high of 14.00. Home Stock Ideas Short Ideas Consumer Staples Analysis Worst For Beyond Meat Is Yet To Come Dec. Fetch.ai Price Prediction 2023-2030: Can Fetch.ai reach 10, 100 Bed Bath and Beyond BBBY Stock Forecast 2023 Tamadoge Price Prediction 2023-2030. Best Debt Consolidation Loans for Bad Credit (BYND)’s beta value is 2.10, and its average true range (ATR) is 1.17. BYND stock forecast: Shares of Beyond Meat (NASDAQ: BYND) are expected to trade between 55.24 and 60.03. ![]()
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