Beyond Meat (BYND) sales slide as U.S. demand tumbles

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Beyond Meat Inc. (BYND) PT Lowered to $7 at BMO Capital

November 9, 2023 6:48 AM EST

BMO Capital analyst Andrew Strelzik lowered the price target on Beyond Meat Inc. (NASDAQ: BYND) to $7.00 (from $13.00) while maintaining a Market Perform rating.... More

Beyond Meat Inc. (BYND) PT Lowered to $9 at Bernstein

November 9, 2023 2:38 AM EST

Bernstein analyst Alexia Howard lowered the price target on Beyond Meat Inc. (NASDAQ: BYND) to $9.00 (from $13.00) while maintaining a Market Perform rating.... More

Beyond Meat struggles to rein in US faux meat demand slide

November 8, 2023 4:12 PM EST

(Reuters) -Beyond Meat missed market expectations for quarterly revenue and posted a wider-than-expected loss on Wednesday, hurt by relentless weakness in demand for plant-based meat in the United States.

The company has been offering steeper discounts, as consumer sentiment about plant-based meat and its health benefits took a beating.

In a post-earnings call, Beyond Meat executives said the percentage of people in the U.S. who believe plant-based meats are... More

Beyond Meat (BYND) Misses Q3 EPS by 24c

November 8, 2023 4:12 PM EST

Beyond Meat (NASDAQ: BYND) reported Q3 EPS of ($1.09), $0.24 worse than the analyst estimate of ($0.85). Revenue for the quarter came in at $75.3 million versus the consensus estimate of $87.6 million.

For earnings history and earnings-related data on Beyond Meat (BYND) click here.

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