Beyond Meat top choice for Wall Street after bullish results [Toronto Globe and Mail (Ontario, Canada)]
Beyond Meat, Inc. - Common stock (BYND)
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm
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Source: Toronto Globe and Mail
Beyond Meat top choice for Wall Street after bullish results Shares of Beyond Meat Inc. surged 27 per cent on Friday after the vegan burger maker forecast that sales would more than double over all in 219 after they tripled in the first quarter. Expectations were high heading into Beyond Meat’s report on Thursday, with its shares having jumped about 4 per cent since its initial public offering a month ago. The better-than-expected results and forecast led the stock to soar nearly 21 per cent in extended trade on Thursday. At least three brokerages raised their price targets, with Credit Suisse being the most bullish, upping its target by US$55 to US$125. The Street’s median is US$96. Story continues below advertisement The company is now set to be worth a whopping US$7.36-billion, if current gains hold, after having started out with a US$2.75-billion valuation on debut. Beyond Meat expects 219 revenue to more than double to US$21-million. Chief executive officer Ethan Brown, on a post
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News
- Global Soy Food Products Market Revenue to Hit USD 76.5 Billion by 2034 with 3.5% CAGR Growth | Future Market Insights, Inc. [Yahoo! Finance]Yahoo! Finance
- Beyond Meat® Releases 2023 ESG Report and LCA Study that Estimates Environmental Benefits of Beyond Steak® Plant-Based Seared Tips When Compared to Pre-Cooked Beef-Based Steak TipsGlobeNewswire
- 3 Consumer Stocks to Axe From Your List [Yahoo! Finance]Yahoo! Finance
- 3 Reasons to Sell BYND and 1 Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
- Big Changes Are Coming To McDonald's In 2025 [Yahoo! Finance]Yahoo! Finance
BYND
Earnings
- 11/6/24 - Beat
BYND
Sec Filings
- 12/18/24 - Form 4
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- BYND's page on the SEC website