Beyond Meat Sees Unusually High Options Volume (NASDAQ:BYND)

Beyond Meat, Inc. (NASDAQ:BYND) was the recipient of unusually large options trading on Wednesday. Investors purchased 379,204 call options on the company. This is an increase of approximately 51% compared to the typical volume of 251,440 call options.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on BYND shares. Barclays reduced their price objective on shares of Beyond Meat from $2.00 to $1.00 and set an “underweight” rating for the company in a research note on Wednesday, November 12th. BMO Capital Markets dropped their target price on shares of Beyond Meat from $5.00 to $4.00 and set a “market perform” rating on the stock in a research report on Thursday, August 14th. Cowen reissued a “sell” rating on shares of Beyond Meat in a report on Tuesday, October 14th. JPMorgan Chase & Co. initiated coverage on shares of Beyond Meat in a report on Wednesday, August 20th. They set an “underweight” rating on the stock. Finally, Mizuho reduced their target price on shares of Beyond Meat from $1.50 to $1.00 and set an “underperform” rating for the company in a research note on Thursday, November 13th. Two analysts have rated the stock with a Hold rating and seven have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Strong Sell” and a consensus target price of $1.70.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Pitcairn Co. acquired a new stake in Beyond Meat during the 2nd quarter valued at $37,000. Rathbones Group PLC bought a new position in shares of Beyond Meat in the second quarter valued at about $40,000. Chiron Capital Management LLC acquired a new position in Beyond Meat during the 1st quarter worth about $38,000. Vanguard Personalized Indexing Management LLC bought a new stake in Beyond Meat during the 2nd quarter worth about $45,000. Finally, Banco Santander S.A. acquired a new stake in Beyond Meat in the 3rd quarter valued at about $25,000. Institutional investors own 52.48% of the company’s stock.

Beyond Meat Trading Up 19.6%

BYND stock traded up $0.17 during trading on Wednesday, hitting $1.03. The company had a trading volume of 161,701,193 shares, compared to its average volume of 52,289,789. The company has a fifty day moving average price of $1.78 and a two-hundred day moving average price of $2.60. Beyond Meat has a fifty-two week low of $0.50 and a fifty-two week high of $7.69. The company has a market cap of $464.91 million, a P/E ratio of -0.32 and a beta of 2.32.

Beyond Meat (NASDAQ:BYND) last issued its quarterly earnings data on Monday, November 10th. The company reported ($0.47) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.39) by ($0.08). The business had revenue of $70.22 million during the quarter, compared to the consensus estimate of $68.82 million. Beyond Meat has set its Q4 2025 guidance at EPS. On average, analysts expect that Beyond Meat will post -2.1 earnings per share for the current year.

Beyond Meat Company Profile

Beyond Meat, Inc, a plant-based meat company, develops, manufactures, markets, and sells plant-based meat products in the United States and internationally. The company sells a range of plant-based meat products across the platforms of beef, pork, and poultry. 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.