The highest stock prediction was $62, while the lowest came in at just $8. However, the 13 analyst views compiled by MarketBeat provide more encouraging news with the consensus view being that the stock has a 51.49% potential upside to $20.38. The highest prediction was for it to reach $14, while the lowest forecast came in at just $6. The consensus view was that BYND could fall 16.36% to $11.25. Where do analysts see Beyond Meat stock in 5 years? As of 22 November, according to 11 Wall Street analysts compiled by TipRanks, the stock was a ‘moderate sell’ considering the Beyond Meat projected growth.Įight of the analysts had ‘hold’ recommendations in place, while three saw the stock as a ‘sell’. “The global climate crisis underway dictates greater, not less, urgency in the adoption of all solutions of which ours is among the most immediate and powerful.” Beyond Meat stock 5 year forecast: What is the outlook? In a statement, Ethan Brown outlined his belief that the current headwinds, including record inflation, were transient but acknowledged the challenges: ![]() ![]() This consists of reducing operating expenses and rationalising manufacturing networks while maximising cash from inventory and focusing brand investment on the highest potential prospects. In mid-October 2022, the company announced a “strategic shift” in pursuit of a more sustainable growth model that emphasises the achievement of cash flow positive operations. Over the past year, the stock has fallen 83% from $77.53 to $13.45 at market close on 18 November 2022.Īccording to Morningstar, the company’s three year trailing returns are -44.74%, compared to the 6.61% generated by the packaged foods industry. However, life has since been more challenging for investors. This enthusiasm continued, with the all-time high stock closing price of $234.90,achieved on 26 July 2019. The stock soared more than 160% on its debut. Its initial public offering ( IPO) was priced at $25. ![]() Before we consider the Beyond Meat stock projections of analysts, it’s important to chart the company’s stock market journey.īeyond Meat began trading on the Nasdaq Global Market on under the ticker ‘ BYND’.
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