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Beyond Meat Inc has a consensus price target of $12.54 based on the ratings of 16 analysts. The high is $32 issued by JP Morgan on February 25, 2022. The low is $3 issued by Piper Sandler on September 22, 2023. The 3 most-recent analyst ratings were released by Mizuho, BMO Capital, and Canaccord Genuity on August 26, 2024, August 8, 2024, and May 10, 2024, respectively. With an average price target of $6 between Mizuho, BMO Capital, and Canaccord Genuity, there's an implied 16.50% upside for Beyond Meat Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Beyond Meat (NASDAQ:BYND) was reported by Mizuho on August 26, 2024. The analyst firm set a price target for $5.00 expecting BYND to fall to within 12 months (a possible -2.91% downside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for Beyond Meat (NASDAQ:BYND) was provided by Mizuho, and Beyond Meat maintained their underperform rating.
The last upgrade for Beyond Meat Inc happened on February 29, 2024 when Argus Research raised their price target to N/A. Argus Research previously had a sell for Beyond Meat Inc.
The last downgrade for Beyond Meat Inc happened on October 12, 2023 when Mizuho changed their price target from N/A to $5 for Beyond Meat Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Beyond Meat, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Beyond Meat was filed on August 26, 2024 so you should expect the next rating to be made available sometime around August 26, 2025.
While ratings are subjective and will change, the latest Beyond Meat (BYND) rating was a maintained with a price target of $6.00 to $5.00. The current price Beyond Meat (BYND) is trading at is $5.15, which is out of the analyst’s predicted range.
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